Discover the life you've been dreaming of with this exclusive 1.12-acre lot situated in the serene Douglas Lake Community. Located on Ivy Way in Newport, TN, this prime piece of real estate is your gateway to a lifestyle of luxury, leisure, and endless aquatic adventures. Imagine building your custom home on this expansive plot, which requires a minimum of just 1800 sq ft. Your home could be the perfect sanctuary surrounded by nature, with the added security of being in a gated community. The annual HOA fee of $1575 ensures your surroundings are well-maintained and secure. HOA fee for boat slip is $175 per year. One of the standout features of this lot is Boat Slip #8, included in the sale. Spend your weekends boating, fishing, or simply soaking up the sun on Douglas Lake. Whether you're an avid boater or someone who loves the idea of quick lake access, this amenity elevates your property ownership experience. Worried about utilities? Don't be. This lot has utilities available at the road, making it easier for you to start your build. Plus, with road frontage on both sides of the lot, the access options are versatile and convenient for your future home's layout. Priced competitively at $65,000, this lot offers you a unique blend of affordability, luxury, and accessibility in one of Tennessee's most sought-after lake communities. Make the move and invest in not just a property, but in a lifestyle that keeps you invigorated day in and day out. Owner financing is available with 20% down, 15 year amortization, 10% interest.
Property Details
Property Features
Listing Office:
Office Name: ReMax Real Estate Ten
Office Phone: (423) 581-8881
Exterior Features
Exterior Information:
View: Mountain(s), Lake
Lot Features
Lot Information:
Lot: Rolling/Hilly, Wooded, Irregular Lot
Lot Size: 1.12 Acres
School Info
Assigned Schools Information:
Cocke County High School, Public District Grades 9-12
Edgemont Elementary School, Public District Grades PK-8
Other
Directions Information:
Directions: From exit 8 take Hwy 25E South into Cocke County. Subdivision on left just after crossing bridge.
Price Information
Listing Price Info
Price Summary:
List Price: $65,000
HOA Fees:
Amount: $1575
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport, TN.
This property is $144K less than the Median Sold Price in Newport, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1191242
Listing Office:
Office Name: ReMax Real Estate Ten
Office Phone: (423) 581-8881
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.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
5
/10
Edgemont Elementary School
375 Carson Springs Rd
Distance between this listing and this school5.55 miles
Public District Grades PK-8
High School
4
/10
Cocke County High School
216 Hedrick Dr
Distance between this listing and this school6.02 miles
Public District Grades 9-12
Nearby Schools
6
/10
Witt Elementary School
4650 S Davy Crockett Pkwy
Distance between this listing and this school8.44 miles
Public District Grades PK-5
6
/10
Dandridge Elementary School
780 Highway 92 S
Distance between this listing and this school9.72 miles
Public District Grades PK-5
4
/10
Union Heights Elementary School
3366 Tornado Tr
Distance between this listing and this school9.92 miles
Public District Grades KG-5
Assigned Schools
5
/10
Edgemont Elementary School
375 Carson Springs Rd
Distance between this listing and this school5.55 miles
Public District Grades PK-8
Nearby Schools
4
/10
White Pine Elementary School
3060 Roy Messer Hwy
Distance between this listing and this school4.82 miles
Public District Grades PK-8
3
/10
Northwest Elementary School
344 Woodson Rd
Distance between this listing and this school5.41 miles
Public District Grades PK-8
Assigned Schools
4
/10
Cocke County High School
216 Hedrick Dr
Distance between this listing and this school6.02 miles
Public District Grades 9-12
Nearby Schools
5
/10
Morristown West High School
1 Trojan Trl
Distance between this listing and this school11.46 miles
Public District Grades 9-12
7
/10
Jefferson County High School
115 W Dumplin Valley Rd
Distance between this listing and this school12.04 miles
The neighbors living near this home have an average income of $32,273. The most common annual income of people living in Newport, TN is less than $35k. Typical family type is married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Ivy Way
What is the listing price of this property?
The listing price of Ivy Way property is $65,000.
What type of property is this?
The property Ivy Way is land located in Newport, Tennessee, 37821.
Is this property for sale now?
Active Listing: Ivy Way is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for Ivy Way are: Edgemont Elementary School: GreatSchools Rating 5/10Cocke County High School: GreatSchools Rating 4/10
When was this property sold last time and for how much?
The last sale was on May 26, 2021 for $15,000. (source: MLS/tax record).
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This home is located at Ivy Way in Newport, TN and zip code 37821. This home sits on a 1.12 acre lot. It has been listed on Rocket Homes since May 13, 2022 and is currently priced at $65,000.
In April 2024, from all listings sold in Newport, TN there were more than 2 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price. The number of listings in Newport, TN decreased by 12.5% between March 2024 and April 2024. While the average time on the market in April 2024 was 18 days, the median list price was $209,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
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