$7,124 Closing Credit¹
#1295791, Listing office: eXp Realty, LLC
$310,000 List price
515 Mountain Lake Way Newport, TN 37821
$3,681
Closing credit¹
2 beds
2 full
912 sqft
2.0 acres
$340 / sqft
House
Property details
About 515 Mountain Lake Way
Beautiful 2-bedroom, 2-bathroom cedar-sided cabin perched on a hilltop overlooking English Mountain to the northwest and Halls Top to the east. This stunning cabin sits on an acre, with an additional lot next to it that allows for another cabin or home to be built. Enjoy the lovely sunrise or sunset over the gorgeous Tennessee Great Smoky Mountains from your private verandah, providing a 360-degree view. The cabin features an additional utility house, crawl space underneath, and a gas log. Downtown Newport is just 3 miles away, offering shopping, entertainment, and unique downtown shops. Gatlinburg and Dollywood are also within easy reach, allowing everyone to enjoy all the local attractions. This property can also be used as an Airbnb for investment purposes.
Highlights
Home typeSingle Family Residence
HeatingHeat Pump, Central, Electric, Fireplace(s), Propane
StatusActive
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
Size912 sqft
Lot size1.98 Acres
Year built1997
MLS #706830
FireplaceBlower Fan, Family Room, Gas Log, Metal
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Flooring Type: Carpet, Vinyl
- Interior: Breakfast Bar, Ceiling Fan(s), High Ceilings, Laminate Counters, Open Floorplan, Vaulted/Cathedral Ceiling(s)
- Fireplace: Blower Fan, Family Room, Gas Log, Metal
- Total Bedroom Count: 2
- Attached Garage: No
- Exterior: Lighting, Gutters, Storage, Porch/Covered, Deck, Porch Front, Porch, None
- Architectural Style: Cottage
- Heating: Heat Pump, Central, Electric, Fireplace(s), Propane
- Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
- List Price: $310,000
- Price/SqFt: $339
- Lot: Sloped, Back Yard, Corners Marked, Front Yard, Gentle Sloping, Irregular Lot, Views
- Directions: From Newports 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 Lake Lane on the left and follow it to the address.
- Year Built: 1997
- Stories: 1
- Living Area: 912 SqFt
- Lot Size: 1.98 Acres
- MLS Number: 706830
- MLS Name: Lakeway
- Office Name: Country Living Realty
- Listing Agent: David Popiel
Listing information provided in part by the Lakeway Area Association of Realtors for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. The information listed is from sources believed reliable but is not guaranteed, and is subject to change without notice.
Copyright © Lakeway Area Association of Realtors 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/20/2025, 12:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$310,000
515 Mountain Lake Way
$3,681
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Dandridge Elementary School
Public District PK-5
14.8 mi
•780 Highway 92 S
5
Catons Chapel Elementary School
Public District PK-6
15.9 mi
•3135 Catons Chapel Rd
5
Pittman Center Elementary School
Public District PK-6
16.2 mi
•2455 E Parkway
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,600. The most common annual income of people living in Newport, TN is less than $<35k. Typical family type is married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
46%
<35k
46%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
31%
Single, No Kids
12%
Single, with Kids
35%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
9%
12-17 yrs old
14%
18-34 yrs old
47%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
GMC
Chevrolet
What do the neighbors listen to?
Classic Country
New Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 515 Mountain Lake Way
The listing price of 515 Mountain Lake Way property is $310,000.
The property 515 Mountain Lake Way is a house located in Newport, Tennessee, 37821.
Active Listing: 515 Mountain Lake Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 515 Mountain Lake Way are: Dandridge Elementary School (GreatSchools Rating 6/10), Catons Chapel Elementary School (GreatSchools Rating 5/10), Pittman Center Elementary School (GreatSchools Rating 5/10), Newport Grammar School (GreatSchools Rating 8/10), Edgemont Elementary School (GreatSchools Rating 5/10), Bridgeport Elementary School (GreatSchools Rating 6/10), Cocke County High School (GreatSchools Rating 4/10), Cosby High School (GreatSchools Rating 4/10), Jefferson County High School (GreatSchools Rating 7/10).
The property at 515 Mountain Lake Way has 2 bedrooms and 2 bathrooms.
The property 515 Mountain Lake Way is 912 SqFt (source: MLS/tax record).
The year of construction for 515 Mountain Lake Way is 1997.
This home is located at 515 Mountain Lake Way in Newport, TN and zip code 37821. This 912 square foot home, which was built in 1997, sits on a 1.98 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 23, 2025 and is currently priced at $310,000.
In May 2025, from all listings sold in Newport, TN there were more than 6 sold above asking price, over 11 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Newport, TN decreased by 3.7% between April and May 2025. The median list price of listings available in May 2025 was $250,000, while the average time on the real estate market was 126 days.
From Rocket Homes Real Estate and based on county public records data.