$350,000

555 Lake Ln New Tazewell, TN 37825

$4,156
Closing credit¹
3 beds
3 full
2,175 sqft
4.0 acres
$161 / sqft
House

Property details

About 555 Lake Ln

Spring Into Your Dream Home! Spacious 3-Bedroom, 3-Bath Home on Over 4 Acres This 3-bedroom, 3-bath home is nestled on over 4 acres, offering a perfect blend of privacy and comfort. Located across the street from the famous Norris Lake and surrounded by cabins and lake houses, this property is also close to Straight Creek Boat Dock, Norris Landing Marina, Woodlake Golf Club, and the reputable LMU University. It's an ideal location for both peaceful getaways and year-round living. Explore nearby hiking trails and enjoy ATV adventures right at your doorstep. Step inside to an open-concept layout featuring a cozy stone fireplace, updated bedrooms, and durable LVP flooring. The owner's suite includes a private Jacuzzi tub, and the kitchen seamlessly flows into the living area, complete with a second fireplace. The finished basement offers a wood-burning stove, a separate exit to RV/boat parking, a laundry room, and a spacious workshop/garage. Additionally, there's a room with a dehumidifier that can easily be converted into a wine cellar, plus plenty of kayak storage. Recent updates include new bathroom fixtures, fresh paint, and new carpeting. The property also boasts expansive decks, an accessibility ramp, and ample storage space throughout. Key Features: New HVAC system with a 10-year parts warranty High-speed fiber optic internet available to connect Illuminated driveway and ample parking Financing Made Easy! This home comes with a verified TN VIN number, simplifying the loan process. Choose from our preferred lender or bring your own. Schedule a showing today—all offers will be considered!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size2,175 sqft
BasementYes
Lot size4.04 Acres
Year built1982
ParkingOff-Street Parking, Designated Parking, Carport, Basement, RV Parking
MLS #1259254
Garage1 space
FireplaceWood Burning, Wood Burning Stove
ViewLake, Mountain(s)

Virtual tour

Summary

  • MLS Number: 1259254
  • MLS Name: East Tennessee REALTORS® MLS
  • Office Name: Realty Executives Associates
  • Office Phone: (865) 688-3232
  • Office Email: tonyrodgers@realtyexecutives.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with a front lawn

$350,000

555 Lake Ln

$4,156

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 02, 2006
Home Sold
$130,000
Nov 04, 2002
Home Sold
$127,000
Aug 21, 1992
Home Sold
$70,000

Tax history

YearAssessmentProperty Tax
2023$7,175$165
2022$7,175$144
2021$7,175$144
2020$7,175$185
2019$7,175$185
2018$7,175$185
2017$7,175$187

History based on county public records data.

Nearby schools

6

Tazewell-New Tazewell Elementary School

Public District KG-4

6.5 mi

501 Davis Dr

6

Joppa Elementary School

Public District PK-6

9.8 mi

4745 Rutledge Pike

5

Rutledge Elementary School

Public District 2-6

10.1 mi

7480 Rutledge Pike

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,915. Most New Tazewell, TN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

39%
<35k
52%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
7%
Single, with Kids
36%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
43%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 555 Lake Ln

This home is located at 555 Lake Ln in New Tazewell, TN and zip code 37825. This 2,175 square foot home, which was built in 1982, sits on a 4.04 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 14, 2024 and is currently priced at $350,000.

While more than 0 listings in New Tazewell, TN in February 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The number of listings in New Tazewell, TN decreased by 15.4% between January and February 2025. Listings spent 16 days on the market in February 2025, and had a median list price of $305,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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