TN
Cocke
Newport
37821
2480 Elk Way
2480 Elk Way, Newport, TN 37821
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Listing Type
Single Family
Listing Status
Active
62
$388,800

Home Details for 2480 Elk Way

Price
$388,800
Type
Residential
Bedrooms
3
Bathrooms
4.0
Square feet
2569
Year built
1884
Lot size acres
1.15
County
Cocke
Total rooms
7
Garage
2
Days on site
33
MLS Listing#
9990558
Property Description

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 Features
  • Utilities
    • Cable Available
    • Electricity Connected
    • Water Connected
    • Cable Connected
  • Parking
    • Driveway
    • Garage Door Opener
    • Gravel
  • Cooling Information
    • Ceiling Fan(s)
    • Heat Pump
  • House Interior
    • Laminate Counters
    • Open Floorplan
  • Heating Information
    • Heat Pump
  • Water Features
    • Public
  • Fire Place
    • Living Room
School Information
School Information for 2480 Elk Way, Newport, TN 37821
Elementary School
Cosby
Middle School
Cosby
High School
Cosby
Listing Courtesy: Country Living Realty - 423-430-9012
Presented by: Don Fabrikant
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Tennessee Virginia Regional MLS. All Rights Reserved.
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Median Listing Price
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Market statistics compiled from data from Tennessee Virginia Regional MLS.
EXIT REALTY TRI-CITIES
1604 Lamons Lane #201, Johnson City, TN 37604
Office
423 806 0400
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