Wake up every day to breathtaking Cherokee Lake and mountain views in this beautifully updated East Tennessee home. Nestled in a peaceful setting, this move-in ready property offers the perfect blend of comfort, privacy, and scenic lake living. Whether you're searching for a full-time residence, retirement home, or mountain retreat near Cherokee Lake, this property delivers the lifestyle buyers are looking for.
From 2010-2020, the owners invested more than $220,000 in upgrades and improvements, creating a truly turnkey home with major updates already completed. Renovations include an expanded kitchen, updated bathrooms, hardwood flooring, composite decking, retaining wall, vinyl fencing, replacement ductwork, whole house UV water purification system, and a durable 50 year roof.
Inside, you'll find 3 bedrooms, 2.5 bathrooms, spacious bonus rooms, and a finished lower level ideal for a home office, guest suite, recreation space, or private living quarters. The oversized 2 car garage also features a separate workshop area, providing plenty of storage and workspace.
The real showstopper is the setting. Relax on the porch and soak in stunning lake views, mountain scenery, and the peaceful atmosphere that makes every day feel like a vacation. Conveniently located near Cherokee Lake recreation, marinas, fishing, and East Tennessee outdoor activities, this home offers the perfect balance of tranquility and accessibility.
If you've been searching for a well-maintained lake view home in East Tennessee with upgrades, space, and unforgettable scenery, this is one you don't want to miss.
For sale
$699,900
532 Mallard Baye, Rutledge, TN 37861
3beds
3,404sqft
Est.: Get pre-qualified
Single Family Residence, Residential
Built in 2001
0.95 Acres Lot
$670,500 Zestimate®
$206/sqft
$8/mo HOA
What's special
Updated bathroomsVinyl fencingPeaceful settingReplacement ductworkRetaining wallExpanded kitchenSpacious bonus rooms
- 8 days |
- 961 |
- 84 |
Zillow last checked:
Listing updated:
Listed by:
Emily Anne Epps 423-312-6865,
RE/MAX Real Estate Ten Midtown 423-581-8881
Source: Lakeway Area AOR,MLS#: 711549
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Upper
Bathroom 3
- Level: Upper
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Heating
- Ceiling, Electric, Floor Furnace, Heat Pump
Cooling
- Electric, Heat Pump
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Electric Oven, Electric Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer, Water Softener
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Features
- Ceiling Fan(s), Solid Surface Counters, Storage, Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Tile
- Windows: Blinds, Double Pane Windows, Vinyl Frames, Window Coverings
- Basement: Block,Exterior Entry,Finished,Full
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
Interior area
- Total interior livable area: 3,404 sqft
- Finished area above ground: 2,732
- Finished area below ground: 672
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Porch
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.95 Acres
- Dimensions: 116/294/150/351
- Features: Views
Details
- Parcel number: 076D A 03200 000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Cable Available, Propane, Satellite Internet
Community & HOA
Community
- Subdivision: Mallard Bay
HOA
- Has HOA: Yes
- Amenities included: Laundry
- Services included: Maintenance Grounds
- HOA fee: $100 annually
Location
- Region: Rutledge
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $462,900
- Annual tax amount: $2,719
- Date on market: 5/18/2026
Estimated market value
$670,500
$637,000 - $704,000
$2,301/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $699,900+51.2%$206/sqft |
Source:  Lakeway Area AOR #711549 Report a problem | ||
| 10/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/17/2023 | Listed for rent | $3,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/9/2020 | Sold | $463,000-1.5%$136/sqft |
Source: Lakeway Area AOR #589336 Report a problem | ||
| 7/18/2020 | Pending sale | $469,900$138/sqft |
Source: Cherokee Lake Realty #589336 Report a problem | ||
| 7/4/2020 | Price change | $469,900+27%$138/sqft |
Source: Cherokee Lake Realty #589336 Report a problem | ||
| 7/1/2020 | Listed for sale | $370,000+5.7%$109/sqft |
Source: Owner Report a problem | ||
| 7/29/2016 | Sold | $350,000-2.8%$103/sqft |
Source: Lakeway Area AOR #568112 Report a problem | ||
| 5/24/2016 | Price change | $359,900-2.7%$106/sqft |
Source: Owner Report a problem | ||
| 4/20/2016 | Price change | $369,900+2.8%$109/sqft |
Source: Owner Report a problem | ||
| 4/10/2016 | Price change | $359,900-2.7%$106/sqft |
Source: RE/MAX Real Estate Ten #566111 Report a problem | ||
| 3/22/2016 | Price change | $369,900-5.1%$109/sqft |
Source: RE/MAX Real Estate Ten #566111 Report a problem | ||
| 1/28/2016 | Price change | $389,900+0.2%$115/sqft |
Source: RE/MAX Real Estate Ten #566111 Report a problem | ||
| 12/7/2015 | Listed for sale | $389,000+1084.7%$114/sqft |
Source: Owner Report a problem | ||
| 11/29/2007 | Sold | $32,834-87.9%$10/sqft |
Source: Public Record Report a problem | ||
| 10/7/2005 | Sold | $272,000+1454.3%$80/sqft |
Source: Public Record Report a problem | ||
| 1/5/1998 | Sold | $17,500-18.6%$5/sqft |
Source: Public Record Report a problem | ||
| 7/17/1997 | Sold | $21,500+22.9%$6/sqft |
Source: Public Record Report a problem | ||
| 6/17/1996 | Sold | $17,500$5/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,720 | $115,725 |
| 2024 | $2,720 | $115,725 |
| 2023 | $2,720 +2.3% | $115,725 |
| 2022 | $2,658 | $115,725 |
| 2021 | -- | $115,725 +142.9% |
| 2020 | $1,334 | $47,650 |
| 2019 | $1,334 +15.7% | $47,650 |
| 2018 | $1,153 +0% | $47,650 |
| 2017 | $1,153 | $47,650 |
| 2016 | $1,153 -9% | $47,650 |
| 2015 | $1,267 | $47,650 -5.9% |
| 2014 | $1,267 +2.1% | $50,660 +2.1% |
| 2013 | $1,240 | $49,619 |
| 2012 | $1,240 | $49,619 |
| 2011 | -- | $49,619 |
| 2010 | -- | $49,619 +0.2% |
| 2009 | $1,258 -12.7% | $49,541 |
| 2008 | $1,442 +25.3% | $49,541 +25.3% |
| 2007 | $1,150 +27.1% | $39,526 |
| 2006 | $905 | $39,526 |
| 2005 | $905 -20.8% | $39,526 |
| 2004 | $1,142 +68.2% | $39,526 +33.8% |
| 2002 | $679 | $29,536 |
| 2001 | -- | $29,536 +31.6% |
| 2000 | -- | $22,444 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 37861
Nearby schools
GreatSchools rating
- NARutledge Primary SchoolGrades: PK-1Distance: 5.1 mi
- 5/10Rutledge Middle SchoolGrades: 7-8Distance: 6 mi
- 3/10Grainger High SchoolGrades: 9-12Distance: 5.4 mi
Schools provided by the listing agent
- High: Grainger High School
Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Grainger County
- Rutledge
- 37861
- 532 Mallard Baye
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