2480 Elk Way, Newport, TN 37821

$360,000 Sold Price
Sold on 6/29/2026
3 Beds
4 Baths
2569 SF
Built In 1984
 
Listing ID 11637468
Property Type House (Attached)
County Cocke
Total Tax $1,245
FEMA Flood Map fema.gov/portal
Year Built 1984
Associated Documents
 
Virtual Tour
Turnkey Smoky Mountains Investment Opportunity - Single-Family Home with Mountain Views. Discover a well-maintained, income-producing single-family home in East Tennessee, ideally located near medical facilities, shopping, and dining-an excellent option for both investors and owner-occupants. This 3-bedroom, 4-bath residence offers 2,569 square feet, a two-car garage, and sits on 1.15 acres, providing strong rental potential and long-term value. The property features mountain views from both the front and rear, a partially fenced yard, and a peaceful setting attractive to both long-term tenants and short-term rental guests. Recent capital improvements include a new roof and new deck, minimizing near-term maintenance costs and enhancing overall asset quality. The open frontage land also offers potential for future expansion or development (subject to zoning regulations). For investors, the adjacent income-producing tri-plex is also available and can be purchased as part of a package sale, creating a rare opportunity to acquire multiple cash-flowing properties in one transaction. Whether you're building a rental portfolio, entering the Smoky Mountains short-term rental market, or living on-site while generating income from neighboring rentals, this property delivers flexibility, location. Conveniently located approximately 53 minutes to Knoxville, 48 minutes to Pigeon Forge and Gatlinburg, and 45 minutes to Hot Springs, NC.
Property Details
  • 3 Total Bedrooms
  • 4 Full Baths
  • 2569 SF (AG)
  • 2569 SF (Total)
  • 1.15 Acres
  • Built in 1984
  • 2 Stories
  • Available 1/26/2026
  • Ranch Style
  • Crawl Basement
Interior Features
  • Open Kitchen
  • Oven/Range
  • Refrigerator
  • Dishwasher
  • Washer
  • Dryer
  • Carpet Flooring
  • Ceramic Tile Flooring
  • 7 Rooms
  • Living Room
  • Walk-in Closet
  • Kitchen
  • First Floor Primary Bedroom
  • First Floor Bathroom
  • 1 Fireplace
  • Heat Pump
  • Central A/C
  • 220 Amps
Exterior Features
  • Frame Construction
  • Wood Siding
  • T1-11 Siding
  • Asphalt Shingles Roof
  • Attached Garage
  • 2 Garage Spaces
  • Municipal Water
  • Private Septic
  • Deck
  • Fence
  • Open Porch
  • Mountain View
Taxes and Fees
  • $1,245 County Tax
  • $1,245 Total Tax
  • Tax Year 2025
Sale Information
  • Sold on 6/29/2026
  • Sold for $360,000
Previously Listed By
Country Living Realty
Office: 423-420-9012
Mobile: 423-237-1046
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