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    3 Rhondas Way Way Bean Station, TN 37708

    Sponsored
    For Sale
    Contact for pricing

    Single Family Residence - Bean Station, TN

    Type:Single Family Residence
    Lot size:
    2.61 Acres
    Days on Market:
    14
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 3 Rhondas Way Way

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    2.61 Acres

    Building Details

    Architectural style
    Other

    Cherokee Lake Realty (865) 471-8222 [email protected]

    Listing agent Felix Valdes (865) 471-8222 License #314535

    Listing date Dec 24, 2025

    MLS# 709948 Listing URL

    Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Near Cherokee Lake

    This 2.61-acre lot is located in the Leon's Rock community near Cherokee Lake, offering potential for building a vacation home or primary residence. High-speed fiber internet is available. The community has no HOA fees, and short-term rentals are permitted. The lot features light vegetation, providing privacy when building. Located in Grainger County, the property is near Morristown, with access to restaurants, malls, theaters, hospitals, schools, and golf courses. German Creek Marina is nearby, offering boat rentals and slips. The property is positioned as an investment opportunity in an area experiencing population growth due to its lower cost of living, mild weather, and quality of life. The county property taxes were $250.28 for 2025. The location is not exposed to flooding, tornadoes, or hurricanes. The property is within an 8-hour drive of 20 states and close to the Great Smoky Mountains. Tennessee has no state income tax and does not tax social security benefits, also exempting other forms of retirement income, including tax pensions, 401K, or IRA distributions from state taxation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bean Station
    County
    Grainger
    State
    Tennessee
    Longitude
    -83.346299
    Latitude
    36.318072

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    FAQs

    What type of property is this?
    Land - 2.61 acres near Cherokee Lake, ideal for vacation home.
    Where is this land located?
    The property is located at 3 Rhondas Way Way Bean Station, TN.
    What is the asking price?
    The asking price for this property is $17,900.
    What are key features of this property?
    This property features: - Low Price: 2.61 acres for just $17,900.; - Favorable Tax Environment: Enjoy no state income tax, no tax on social security or retirement income, and low county property taxes.; - Desirable Location: Close to Cherokee Lake and German Creek Marina, with easy access to Morristown amenities and the Great Smoky Mountains.
    (865) 471-8222
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    3 Rhondas Way Way Bean Station, TN 37708
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 Rhondas Way Way Bean Station, TN 37708
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