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217 Masters Ln, Bean Station, TN, 37708

3beds
3baths
4,200sqft
$899,000
$214price/sqft
$5,654/moest. monthly cost
$226,160/yrincome needed

About This Home

Wake up to breathtaking lake views and the peaceful beauty of East Tennessee at 217 Masters Lane in Bean Station. This stunning full-brick lakefront home on Cherokee Lake sits on just over half an acre with more than 145 feet of lake frontage, offering the perfect blend of comfort, space, and waterfront living. Inside, the home features 3 bedrooms and 3 bathrooms with a bright open-concept layout designed to maximize both natural light and lake views. The primary suite is conveniently located on the main level, complete with a spacious ensuite bathroom featuring a large walk-in shower, creating a relaxing retreat at the end of the day. Main-level laundry adds everyday convenience. Downstairs, the HUGE 2100sqft HEATED AND COOLED unfinished basement with poured concrete walls and a finished full bathroom provides endless possibilities! Expand your living space, create a lakefront entertainment area, home gym, fitness area, workshop, or additional bedrooms while still having plenty of storage. Step outside and enjoy life on Cherokee Lake, known for its over 400 miles of scenic shoreline, incredible fishing, boating, and year-round natural beauty. With generous lake frontage and room to enjoy the outdoors, this property offers the ideal setting for a permanent residence, vacation getaway, or investment opportunity. If you've been dreaming of lakefront living with space, privacy, and incredible views, this property delivers. ***Photos have been virtually staged ***Higher level lake photos have been AI enhanced to show approximately how high lake rises in the summer. All information deemed reliable but not guaranteed. Buyers to verify all information including square footage.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

6/10
5/10
Rutledge Middle SchoolGrades 7-88.4 mi
3/10
Grainger High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 2021

Materials

  • Roof: Shingle
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Range,ENERGY STAR Qualified Appliances,Microwave,Range Hood,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Concrete,Daylight,Exterior Entry,Full,Interior Entry,Unfinished,Walk-Out Access,Walk-Up Access

Bathroom2

  • Level: Main

Bathroom3

  • Level: Basement

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Eat-in Kitchen,Bar,Ceiling Fan(s),Crown Molding,Double Vanity,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Recessed Lighting,Smart Camera(s)/Recording,Smart Thermostat,Tray Ceiling(s),Walk-In Closet(s)
  • Window features: Drapes,Screens,Vinyl Clad Frames
  • Flooring: Plank
  • Finished area below ground: 0
  • Finished area above ground: 2,100

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 4,200
  • Total interior livable area: 4,200 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Master Bathroom

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 023.29

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Deck,Front Porch,Patio,Porch,Rear Porch
  • Exterior features: Balcony,Lighting,Rain Gutters
  • Fencing: Back Yard,Chain Link
  • Has view: Yes
  • On waterfront: Yes
  • Waterfront features: Lake,Waterfront
  • Waterbody name: Cherokee Lake

Lot

  • Lot size: 0.60 Acres
  • Features: Back Yard,Gentle Sloping,Landscaped,Level,Views,Waterfront
  • Lot size dimensions: 1

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Landslide
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,545$54,540
Home Insurance $461$5,532
Property Taxes $307$3,684
Electricity $341$4,095
Total$5,654$67,848

Income You'd Need if You Spent...

35% on housing$193,851/yr
40% on housing$169,620/yr
45% on housing$150,773/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.3%
0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 37708$146
Grainger County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 37708$168
Grainger County$180

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-06Price change$950,000
2026-03-12Listed for sale$985,000
2024-04-24Sold$813,400
2024-02-25Pending sale$834,900
2024-02-24Listed for sale$834,900
2021-12-17Sold$599,000
2021-08-21Pending sale$599,000
2021-07-05Listed for sale$599,000

For Sale by Agent

AgentEmily Lowe Sexton
BrokerageKeller Williams Properties

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