515 Mountain Lake Way Newport, TN ^$ 350,000

515 Mountain Lake Way

^$ 350,000

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515 Mountain Lake Way

Newport, TN, 37821

^$ 350,000

Bedrooms2 Baths2.0 Sq 912

Monthly Estimate*

^$ 2,326

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Single Family Home for sale in Newport, TN

for $350,000 with 2 bedrooms and 2 full baths. This 912 square foot home was built in 1997 on a lot size of 1.98.

Live in the country but within three miles of Newport shopping area and about 30 minutes to Gatlinburg in this cottage. Well maintained since built in 1997 and only used as a vacation home by owners, never a rental. The location does permit overnight rentals or make it your permanent residence with views of English Mountain, Cherokee National Forest ,and Great Smoky Mountains. Front porch spans 38 feet for your rocking chairs and late afternoon sunsets. Back porch is covered and accesses kitchen from parking area. Plenty of space on this grassy tract of almost two acres with its private deep well and septic system. Newport Utilities supplies electric power and offers high speed data line for Internet. Owners also have propane tank for winter days fireplace heating. Living room, kitchen area also includes enclosed washer/dryer/water heater room. All the furniture conveys so cabin could be immediately used for your next vacation or AirBnB

Single Family Active

Price

^$ 350,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 559

Style

Cottage

Lot Size

1.98

Year Built

1997

Town/City

Newport

County/Region

Cocke

MLS | Web ID

703078

Features

Interior

Interior Features Breakfast Bar Ceiling Fan(s) Crown Molding Eat-In Kitchen High Ceilings Laminate Counters Open Floorplan Vaulted Ceiling(s)

Flooring Carpet Vinyl

Basement Y/N No

Total Rooms 6

Living Area 912.00

Fireplace Yes

List Price/SqFt 383.77

General

Sewer Private Sewer Septic Tank

Heating Central Electric Fireplace(s) Heat Pump Propane

Cooling Ceiling Fan(s) Central Air Electric Heat Pump

Utilities Electricity Connected Propane

Possession Close Of Escrow

Roof Metal

Appliances Dryer Electric Oven Electric Range Electric Water Heater Microwave Refrigerator Washer

Electric 220 Volts in Laundry Circuit Breakers

Architctural Style Cottage

View Mountain(s) Panoramic Pasture Rural

County Cocke

Levels One

Property Type A

Tax Year 2023

Occupant Type Vacant

Status Active

Auction Y/N No

Construction Materials Batts Insulation Block Frame Lap Siding Wood Siding

Sub Type Single Family Residence

Year Built 1997

Directions From Newport's I-40 435 interchange travel south about 2.5 miles to left turn onto Armory Rd and then half mile to Lower English Creek Rd on the left. Stay on this road for about one mile to Mountain

City Newport

New Construction Y/N No

High School Cocke

Virtual Tour https://vimeo.com/924181022/5a944772ab

Association? No

Elementary School Newport Grammar

Structure Type House

Street Name Mountain Lake

Coming Soon Live in the country but within three miles of Newport shopping area and about 30 minutes to Gatlinburg in this cottage. Well maintained since built in 1997 and only used as a vacation home by owners

Exterior

Waterfront No

Exterior Features Lighting Rain Gutters Storage

Lot Features Back Yard Corners Marked Front Yard Gentle Sloping Irregular Lot Views

Fencing None

Other Structures Shed(s)

Water Source Private Well

Foundation Block

Pool Features None

Lot Size Dimensions 400 270 398 163

Garage Y/N No

* Excluded Features

List By

Country Living Realty

Broker

david.popiel@yahoo.com

Affordability Calculator

$2,373

Per Month

Monthly Principal & Interest: $2,326
Monthly Property Taxes: $47
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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.

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Nearby

Trends
Schools

Single family listings in Newport, TN

Average List Price ^$446,922

Percent of Sale Price 28%

About Newport, TN

7,461 Population

5% Since 2002

^$22,588 Median Income

41.04 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2484279 Elementary School

2484287 Middle School

Cocke High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/29/2024	$350,000		Listed Price

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515 Mountain Lake Way, Newport, TN, 37821 is a Single Family Home for sale at $350,000 with 912 sqft and a lot size of 1.98. 515 Mountain Lake Way has 2 bedrooms, 2.0 baths, and was built in 1997. The property's zip code is 37821 which is in Newport, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Lakeway Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lakeway Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Data is updated as of 6/6/2024.

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515 Mountain Lake Way

Single Family Home for sale in Newport, TN

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