-Investment Opportunity-
Discover the potential of this promising investment property nestled in the scenic hills of Grainger County, just minutes from beautiful Cherokee Lake and within an easy drive to Knoxville or Morristown. Situated on a spacious rural lot, 1321 Dunville Gap Rd offers the perfect balance of country tranquility and long-term financial upside.
This property features 1.81 acres making it ideal for a variety of uses—whether you're seeking a fix-and-flip, a rental income property, or a short-term vacation rental in an area growing in popularity for outdoor recreation and lake tourism. The surrounding landscape provides privacy and panoramic mountain views, adding to its appeal for both tenants and future buyers. All information taken from crs. Buyer and buyer's agent to verify.
For sale
$160,000
1321 Dunville Gap Rd, Rutledge, TN 37861
2beds
840sqft
Est.:
Single Family Residence, Residential
Built in 2000
1.81 Acres Lot
$159,200 Zestimate®
$190/sqft
$-- HOA
What's special
Panoramic mountain viewsSpacious rural lotSurrounding landscape provides privacy
- 4 days |
- 1,209 |
- 71 |
Zillow last checked: 8 hours ago
Listing updated: February 15, 2026 at 11:51am
Listed by:
Andrew Alexander 865-789-5838,
eXp Realty, LLC 888-519-5113,
Joshua Moore 865-399-9917
Source: Lakeway Area AOR,MLS#: 710437
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Ductless
Cooling
- Wall Unit(s), Other
Features
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Metal
Interior area
- Total interior livable area: 840 sqft
- Finished area above ground: 410
- Finished area below ground: 410
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.81 Acres
- Dimensions: 1.81
Details
- Parcel number: 067 02801 000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Natural Building
- Foundation: Block, Slab
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
HOA
- Has HOA: No
Location
- Region: Rutledge
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $80,100
- Annual tax amount: $470
- Date on market: 2/15/2026
Estimated market value
$159,200
$151,000 - $167,000
$1,411/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/15/2026 | Listed for sale | $160,000$190/sqft |
Source:  Lakeway Area AOR #710437 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $471 | $20,025 |
| 2024 | $471 | $20,025 |
| 2023 | $471 +2.3% | $20,025 |
| 2022 | $460 | $20,025 +1.1% |
| 2021 | -- | $19,800 +18.2% |
| 2020 | $469 | $16,750 |
| 2019 | $469 +15.7% | $16,750 |
| 2018 | $405 +0.1% | $16,750 |
| 2017 | $405 | $16,750 |
| 2016 | $405 +3.5% | $16,750 |
| 2015 | $391 | $16,750 +7% |
| 2014 | $391 +2.8% | $15,651 +2.8% |
| 2013 | $380 | $15,218 |
| 2012 | $380 | $15,218 |
| 2011 | -- | $15,218 |
| 2010 | -- | $15,218 -2.7% |
| 2009 | $397 -12.7% | $15,645 |
| 2008 | $455 +23.7% | $15,645 +23.7% |
| 2007 | $368 +27.1% | $12,643 |
| 2006 | $290 | $12,643 |
| 2005 | $290 -20.8% | $12,643 |
| 2004 | $365 +49.9% | $12,643 +19.3% |
| 2002 | $244 | $10,599 |
| 2001 | -- | $10,599 +91.3% |
| 2000 | -- | $5,540 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$893/mo
Principal & interest
$825
Property taxes
$68
Climate risks
Neighborhood: 37861
Nearby schools
GreatSchools rating
- 6/10Rutledge Elementary SchoolGrades: 2-6Distance: 2.8 mi
- 5/10Rutledge Middle SchoolGrades: 7-8Distance: 2.7 mi
- NAGrainger AcademyGrades: 9-12Distance: 2.7 mi
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