This is only the second time this home has been on the market. The former home of Gordie Reed, a member of the American Power Boat Association's Hall of Fame and holder of three World Records in Power Boat Racing, the home was purchased as a vacation home by a doctor's family to use exclusively as a vacation home a little over three years ago. Rarely used, and with changing family priorities, the home is available for sale again.
The home sits on 0.77 of an acre with 172 feet of lakefront property. And, yes, the covered dock stays. The backyard is large enough to add a swimming pool, just as the neighbors have done recently. A Florida style design with a covered carport, the concrete driveway wraps around the rear of the home providing plenty of parking space for boats and/or recreational vehicles. 1,690 square feet of living space on the main level with an additional 1,690 square feet of basement. The home is being sold fully furnished, with just a few personal items that the family will keep. Three bedrooms and two bathrooms are on the main level. A covered main level rear deck provides views of Cherokee Lake, with the main bedroom also having its own private deck.
The basement is partially finished and includes two additional rooms recently converted into bedrooms. One with bunk beds as part of the furniture. That's five bedrooms for large family lake gatherings. There is a bathroom in the basement as well. Please note there was remodeling taking place as the photos were taken. The rooms will be completed in time for the new owners to take over. The basement can be accessed through the driveway, no need to climb steps, and providing its own private entryway. The remainder of the basement has been used as storage and includes a garage door for easier accessibility. The roof was replaced four years ago. The home was painted three years ago. The heat pump was serviced this month. The home has had little use and is in fine shape.
So, bottom line, this property presents opportunities for the new owners. As a vacation rental it provides plenty of space for renters with five rooms of bedroom furniture. As a vacation getaway for the owners, it has all that you need for lake living. Or, as a full-time residence, it allows you to live the lake life fulltime.
Tennessee, which has NO State Income Tax and some of the lowest property taxes in the nation. Four full, mild seasons. Within an 8-hour drive of 20 states, and the Great Smoky Mountains in its backyard. Located in Grainger County, with its scenic farmland, but close to all necessary amenities. Jefferson Memorial Hospital is 12.8 miles. Walmart and Lowe's are within 14 miles. You can have all this and access to Cherokee Lake, with its fishing, boating, and recreation activities. Looking for Lake Life, East Tennessee style? This home is for you.
Live the Cherokee Lake Life!
Sold
$740,000
345 Mallard Baye, Rutledge, TN 37861
3beds
2,620sqft
Single Family Residence, Residential
Built in 1996
0.77 Acres lot
$755,400 Zestimate®
$282/sqft
$8/mo HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: August 28, 2024 at 01:10am
Listed by:
Felix Valdes 865-471-8222,
Cherokee Lake Realty
Bought with:
Non Member
Non Member - Sales
Source: Lakeway Area AOR,MLS#: 703975

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Primary bathroom
- Level: Main
Bathroom 2
- Level: Main
Basement
- Level: Basement
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Heating
- Heat Pump
Cooling
- Ceiling Fan(s), Heat Pump
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- Laundry: Laundry Room, Main Level
Features
- Breakfast Bar, Ceiling Fan(s), High Ceilings, High Speed Internet, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Walk-In Closet(s)
- Flooring: Carpet, Concrete
- Windows: Double Pane Windows
- Basement: Bath/Stubbed,Block,Daylight,Exterior Entry,Full,Interior Entry,Partially Finished,Storage Space,Walk-Out Access,Walk-Up Access
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 3,380
- Total interior livable area: 2,620 sqft
- Finished area above ground: 1,690
- Finished area below ground: 930
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached, Carport
- Attached garage spaces: 1
- Carport spaces: 2
- Covered spaces: 3
Features
- Patio & porch: Covered, Deck, Front Porch, Porch, Rear Porch
- Exterior features: Balcony, Dock, Private Entrance, Rain Gutters
- Spa features: Bath
- Has view: Yes
- Waterfront features: Lake Front, Waterfront
- Body of water: Cherokee Lake
Lot
- Size: 0.77 Acres
- Dimensions: 133/216/176/235
- Features: Back Yard, Cleared, Front Yard, Landscaped, Views, Waterfront
Details
- Parcel number: 008.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence, Residential
Materials
- Block, Concrete, Synthetic Stucco
- Foundation: Block, Slab
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1996
- Major remodel year: 1996
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Utilities for property: Cable Available, Electricity Available, Water Available, Fiber Internet
Community & neighborhood
Location
- Region: Rutledge
- Subdivision: Mallard Bay
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $100 annually
- Amenities included: Laundry
- Services included: Maintenance Grounds, Maintenance Structure
- Association name: Mallard Baye
Other
Other facts
- Road surface type: Paved
Services availability

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