532 Mallard Baye

Rutledge, TN
$ 645,000 Beds 3 Baths 2.5 Sq 3,404
Monthly Estimate* How much can I afford?

Now offered at $645,000, this meticulously maintained property represents an outstanding value for Cherokee Lake living! Wake up every day to breathtaking lake and mountain views in this beautifully updated East Tennessee home. Nestled in a peaceful setting, this move in ready property offers the perfect blend of comfort, privacy, and scenic lake living. Whether you're searching for a full time residence, retirement home, or mountain retreat near Cherokee Lake, this property delivers the lifestyle buyers are looking for. From 2010-2020, the owners invested more than $220,000 in upgrades and improvements, creating a truly turnkey home with major updates already completed. Renovations include an expanded kitchen, updated bathrooms, hardwood flooring, composite decking, retaining wall, vinyl fencing, replacement ductwork, whole house UV water purification system, and a durable 50 year roof. Inside, you'll find 3 bedrooms, 2.5 bathrooms, spacious bonus rooms, and a finished lower level ideal for a home office, guest suite, recreation space, or private living quarters. The oversized 2 car garage also features a separate workshop area, providing plenty of storage and workspace. The real showstopper is the setting. Relax on the porch and soak in stunning lake views, mountain scenery, and the peaceful atmosphere that makes every day feel like a vacation. Conveniently located near Cherokee Lake recreation, marinas, fishing, and East Tennessee outdoor activities, this home offers the perfect balance of tranquility and accessibility. With motivated sellers, buyers will be hard pressed to find another property offering this combination of views, space, upgrades, and lifestyle at this price point! This is one you don't want to miss!

Active

  • Price
  • $ 645,000
  • City
  • Rutledge
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • GRAINGER
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.95 Acres
  • Zip
  • 37861
  • Sqr Footage
  • 3,404
  • Year Built
  • 2001
  • Taxes
  • $ 2719
  • Style
  • Single Family Residence
  • MLS#
  • 711549
Listed By: Emily Anne Epps with RE/MAX Real Estate Ten Midtown.
Data Source: Lakeway Area MLS (LAAMLS)

Features

General

Living Area 3404.0
Sewer Septic Tank
Heating Ceiling,Electric,Floor Furnace,Heat Pump
Cooling Electric,Heat Pump
Utilities Cable Available,Propane,Satellite Internet
Possession Close Of Escrow
Roof Shingle
Appliances Convection Oven,Dishwasher,Disposal,Double Oven,Dryer,Electric Oven,Electric Range,Gas Cooktop,Gas Water Heater,Microwave,Range Hood,Refrigerator,Washer,Water Softener
HOA Fee 100.0
Garage Spaces 2.0
Association Fee Includes Maintenance Grounds
Patio/Porch Features Covered,Deck,Porch
Construction Materials Vinyl Siding
Year Built 2001
View Lake,Mountain(s)
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 076D A 03200 000
Assoc Fee Paid Per Annually
County Grainger
New Construction No
Property Type Residential
Association Amenities Laundry
HOA Yes
Attached Garage No
Subdivision Name Mallard Bay
Garage Y/N Yes
Full Baths 2
Status Active
Directions From N Davy Crockett Pkwy,turn left onto Lakeshore Drive. Go 12 miles and turn left into Mallard Baye,then go to the right. Go .5 miles and the home is on your right.
High School Grainger High School
City Rutledge
Senior Community Y/N No
Lot Size Units Acres
Lot Size Square Feet 41382.0
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2719.54
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Structure Type Modular
Standard Status Active
Occupancy Type Owner
MobileHomeRemainsYN No
Sewer_co_Septic_sp_Tank True
Heating_co_Floor_sp_Furnace True
Utilities_co_Cable_sp_Available True

Interior Features

Interior Amenities Ceiling Fan(s),Solid Surface Counters,Storage,Walk-In Closet(s)
Basement Block,Exterior Entry,Finished,Full
Flooring Carpet,Hardwood,Tile
Total Fireplaces 1
Fireplace Features Gas Log,Living Room
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds,Double Pane Windows,Vinyl Frames,Window Coverings
Fireplace Y/N Yes
Above Grade Finished Area 2732.0
Half Baths 1
Laundry Features Electric Dryer Hookup,Main Level,Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 672.0
Total Baths 3
Heating-Heat Pump True

Exterior Features

Lot Features Views
Water Source Private
Lot Size Area 0.95
Foundation Details Block
Spa No
Lot Dimensions 116/294/150/351
Lot Size Acres 0.95
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Dandridge, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Grainger High School

Price History

5/18/2026 Listed $699,900
6/22/2026 3% - $684,900
8/4/2026 6% - $645,000

Property vs Zip Code Average in 37861

Price
AVG $510K
$650K
Taxes
AVG $1,029
$2,719
Year Built
AVG 2003
2001

In The Neighborhood

Areas That We Cover

532 Mallard Baye Rutledge, TN is a Single Family Home for sale at $645000 with 3404 sqft and a lot size of 0.95 Acres Acre(s). 532 Mallard Baye Rutledge has 3 bedrooms, 2 baths and was built in 2001. The property's zip code is 37861 which is in Rutledge, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Terence Wilson

Terence Wilson

865-344-1064

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