BJ Can Help You Purchase This Home

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!

488 Masters Lane, Bean Station, 37708

Priced At: $1,325,000

Property Details for ID: 1319222



SqFt: 5,238
Price SqFt: $253
Total Bedrooms: 3
Full Baths: 3 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2025-10-19T16:22:59Z
Subdivision: Galilee Shores

Public Remarks: Welcome to 488 Masters Lane — a stunning custom-built Craftsman home offering just over 5,200 sq. ft. of exceptional lakefront living on the shores of Cherokee Lake. Designed and built by a local builder, this residence blends timeless craftsmanship with modern comfort and an inviting, open layout. Step inside to discover the great room with gas fireplace and 20' vaulted ceiling! On the main level you will find 3 spacious bedrooms, 2.5 baths. The thoughtful floor plan features expansive living areas, a chef's kitchen, and large windows that capture breathtaking lake views throughout on the main level with the lower level with separate access providing a whole additional living space with large main room and separate kitchen for visiting family and friends! The lower level also has a full bathroom and two additional flex rooms perfect for offices, hobby spaces, or guest accommodations. Enjoy peaceful mornings or entertaining evenings on your covered back deck overlooking the water, or take advantage of your direct lake access for boating, fishing, and relaxing weekends on the water. The 2-car garage, ample storage, and quality finishes throughout add to the home's perfect blend of elegance and functionality. Nestled right off of Highway 11W in Bean Station, the home is less than 20 minutes from Morristown, 45 minutes to downtown Knoxville, and a hour from Pigeon Forge and The Smoky Mountains! Schedule a tour today!

Schools Information

Elementary School: Bean Station
Middle / Junior School: Rutledge
High School: Grainger County Adult

Building Description

Building Style: Craftsman
Type: Basement Ranch
Site Built: Yes
Year Built: 2025
Total Rooms: 17
SqFt (Total): 5,238
SqFt (Main Lvl): 2,619
SqFt (Down Lvl): 2,619
Full Baths: 3
1/2 Baths: 1
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: Yes
Basement Type: Finished, Walkout

  Exterior Features

Features: Porch - Covered
Construction: Block, Frame
Siding: Fiber Cement, Other

  Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer

  Room Dimensions

  Interior Features

Floors: Luxury Vinyl Plank
Other Rooms: DenStudy, Extra Storage, Family Room, Great Room, LaundryUtility, Mstr Bdrm Main Level, Office
Misc Features: Internet Available, Island in Kitchen, Pantry, Walk-in Shower, Walk-in Closets, WasherDryer Connect

  Property Details

Acreages: 1.1
Lot Description: Cul-De-Sac, Waterfront Access, Rolling Slope, Lakefront
View: Country Setting, Lake, Lakefront, Mountain View

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, FHA, USDARural, VA Loan

  HOA Information

Restrictions: Yes
HOA: No

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 1
Fireplace Type(s): Gas Log
Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Garage Spaces, Attached, Garage Door Opener, Garage Faces Side, Main Level, Off-Street Parking

  Community Features

Lake Access

Outbuildings


Presented By: / Single Tree Realty

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From Rutledge Pike turn onto Masters Lane, home at back of cul-de-sac first driveway on right.



Your commute

( Departing today at 8:00am )


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Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Relocation Assistance

I can give you referrals to trusted loan officers, insurance agents, home inspectors, heat & air specialists, title companies and all service providers dealing with all things home.

Buyers Network

Utilizing the very latest in lead generation and good old fashioned hard work, I already have a network of qualified purchasers looking for the right home or property.

Marketing Expertise

My marketing expertise will help to make sure that the pictures, public description and website distribution channels will draw potential buyers to your home.

On-Time Guarantee

From showings to closing; I know that your time is valuable and our agents and staff will always strive to never keep you waiting.