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501 Wani Village Rd, Rutledge, TN, 37861

2beds
2baths
1,280sqft
$289,900
$226price/sqft
$1,900/moest. monthly cost
$76,000/yrincome needed

About This Home

New home on ½ acre less than 10 minutes from Cherokee Dam! This home is just before you get to Wani Village ---a Cherokee Lake Community. You can purchase this home for yourself as your primary residence, use it for Air B & B as a vacation rental---the possibilities are endless!! No restriction on parking your boat or RV! The Prime Series / Churchill 2848H32P06 built by Champion Homes is a well-crafted manufactured home offering 2 bedrooms plus another room with closet that can be used for sleeping or office !, 2 bathrooms, and 1,280 square feet of inviting space. The open-concept layout seamlessly connects the living area, dining room, and kitchen, creating a comfortable setting for daily life. The primary suite features a private bath, while the additional bedrooms provide flexibility. The Churchill 2848H32P06 delivers modern convenience with a warm and functional design.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

--
Rutledge Primary SchoolGrades PK-14.8 mi
5/10
Rutledge Middle SchoolGrades 7-85.4 mi
--
Grainger Co Adult HighGrades 9-125.1 mi

Construction

Condition

  • Year built: 2025

Materials

  • Construction materials: Vinyl Siding,Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Walk-In Closet(s),Breakfast Bar,Eat-in Kitchen
  • Window features: Windows - Vinyl,Insulated Windows
  • Flooring: Laminate
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,280
  • Total interior livable area: 1,280 sqft

Property

Details

  • Parcel number: 07602605

Features

  • Has view: Yes
  • View description: Country Setting

Lot

  • Lot size: 0.54 Acres
  • Features: Level

Parking

  • Parking features: None

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

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Cold Wave
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 $1,465$17,580
Home Insurance $161$1,932
Property Taxes $99$1,188
Electricity $175$2,103
Total$1,900$22,800

Income You'd Need if You Spent...

35% on housing$65,142/yr
40% on housing$57,000/yr
45% on housing$50,666/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

$226This listing

vs Other Active Listings

Avg $/sqft

ZIP 37861$196
Grainger County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 37861$179
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
2026-04-20Price change$294,900
2025-11-08Listed for sale$299,900

For Sale by Agent

AgentBillie Cole
BrokerageWallace

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