Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life. Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space. A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance. Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.
- MLS# 3499724
- Date Listed08/06/2026
- Days on Realty 10 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- County Grainger
- Year Built 2025
- Square Feet 1,248 sq. ft
- Price Per Sq. Ft $560.1
Interior Features
- Cooling Central Air
- Heating Electric, Heat Pump
Exterior / Lot Features
- Roof Metal
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Directions
From US-11E N, Turn left onto Churchview St., Turn left onto TN-92 N, Turn right onto TN-375 N. Destination will be on the left. No sign on property. Latitude: 36.259541 Longitude: -83.421294
Financial Considerations
- Tax Amount $122
- Terms Cash, Conventional, FHA, VA Loan
Schools near 37861
Explore the local neighborhood highlights and top-rated schools near 37861 in Rutledge, TN.
Nearby Schools
Source: School Digger
Public • PK - 1 • Serves this home
7.41 mi
Distance
Public • 9 - 12 • Serves this home
5.29 mi
Distance
Public • PK - 1 • Serves this home
7.41 mi
Distance
Bean Station Elementary School
Public • PK - 6
9.17 mi
Distance
Public • 9 - 12 • Serves this home
5.29 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 170 Clint Williams Rd | Listing | 4 | 2 | Aug 05, 2026 | $249,000 | Mar 21, 2024 | $253,903 |
| 585 Lester Whitt Rd | 5 | 3 | Jul 23, 2026 | $249,000 | Aug 16, 2026 | - |
| 311 Pocahontas Lane | 3 | 3 | Aug 03, 2026 | $292,500 | Aug 16, 2026 | - |
| 8249 Rutledge Pike | 4 | 3 | Jul 31, 2026 | $192,500 | Aug 16, 2026 | - |
| 479 Poor Valley Rd | 2 | 1 | Aug 03, 2026 | $26,900 | Aug 16, 2026 | - |
| 1959 Dove Street | 4 | 3 | Jun 22, 2026 | $230,000 | Aug 16, 2026 | - |
| 127 Deer Ridge | 3 | 2 | Jul 29, 2026 | $338,900 | Aug 16, 2026 | - |
| 243 Chilhowee Lane | 1 | 1 | Aug 11, 2026 | $325,000 | Aug 16, 2026 | - |
| 1793 Cherokee Drive | 3 | 2 | Jul 30, 2026 | $534,000 | Aug 16, 2026 | - |
| 736 Cow Poke Lane | 2 | 3 | Jul 28, 2026 | $700,000 | Aug 16, 2026 | - |
Local Neighborhood Highlights for 37861
Discover key demographics, population statistics, and environmental insights for the Rutledge, TN area.
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 9,081 | 1,289 | 24,179 | 335,858,263 |
| Population Density | 91 | 244 | 86 | 95 |
| People per Household | 2.5 | 2.3 | 2.5 | 2.6 |
| Median Age | 45.1 | 46 | 44.3 | 39.1 |
| Median Income | $48,211 | $49,684 | $46,956 | $66,222 |
| Average Income | $23,288 | $21,478 | $24,758 | $35,475 |
| Cost of Living Index | 83 | 77 | 83 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 24.6°F | 24.6°F | 24.6°F | 22.6°F |
| July Avg. High Temp | 86.4°F | 86.4°F | 86.4°F | 86.2°F |
| Annual Precipitation | 45.45" | 45.45" | 45.45" | 38" |
0/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
2/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 5/100.
Property Change History
Points of Interest near 8668 Lakeshore Drive, Rutledge, TN 37861
0.57 mi
Distance
1.69 mi
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0.87 mi
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0.4 mi
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0.48 mi
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0.56 mi
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0.82 mi
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0.83 mi
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0.83 mi
Distance
0.95 mi
Distance
1.06 mi
Distance
1.12 mi
Distance
1.32 mi
Distance
1.37 mi
Distance
1.53 mi
Distance
1.55 mi
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1.58 mi
Distance
1.66 mi
Distance
1.67 mi
Distance
1.75 mi
Distance
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Frequently Asked Questions for 8668 Lakeshore Drive
Source: Realty.com
8668 Lakeshore Drive, Rutledge, TN 37861 in Rutledge, TN 37861 is a residential income listed at $699,000. Highlights include 1,248 sq. ft., built in 2025, $560 per sq. ft.. Realty.com has 60 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 60 photos of 8668 Lakeshore Drive.
Our records indicate that 8668 Lakeshore Drive was built in 2025.
The full address for this home is 8668 Lakeshore Drive, Rutledge, TN 37861.
8668 Lakeshore Drive has been listed on Realty.com since Thu August 06, 2026
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 5/100.
There are 2 schools assigned to this home. Check out the schools near 8668 Lakeshore Drive. Rutledge Primary School (Grades: PK - 1), Grainger High School (Grades: 9 - 12)
Listing provided courtesy of:
Wallace
(tel: 865-966-1111)
Listing agent:
Randy Hobbs
(tel: 865-973-7546)
(#684536)
This content last refreshed on 2026-08-16 13:30:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.