1668 Deerwood Road
Newport, TN, 37821 $ 850,000
Bedrooms6 Baths3.0 Sq 3,841 Monthly Estimate*
$ 5,234
for $850,000 with 6 bedrooms and 3 full baths. This 3,841 square foot home was built in 2007 on a lot size of 4.4.
A Home That Pays You to Live the East Tennessee Life! Discover your East Tennessee gateway to mountain living with freedom and income in one property. This single-level home offers an open floor plan with four spacious bedrooms on the main level and a bright sunroom for year-round relaxation. Enjoy the best of country living with a little over four acres featuring usable pasture for your mini farm and private wooded acreage. Multiple garages and workshop areas provide the ideal space for car enthusiasts, hobbyists, or your home-based business equipment needs, while fenced sections allow you to start your homestead immediately. The large walk-out basement holds endless potential for additional living quarters, entertainment areas, or rental opportunities, giving you flexibility to shape the space for your family's goals or investment vision. Billboards on the property provide consistent passive income, allowing you to earn simply by owning this home. Located close to lake access and the Smoky Mountains, you can spend your weekends fishing, boating, or exploring the trails. Convenient interstate access makes trips to Knoxville, Sevierville, and Asheville easy, while allowing you to return to your peaceful property without restrictive HOA limitations. Bring your animals, your RV, your hobbies, and your dreams. This property is ready to support your lifestyle, whether you seek a working mini farm, a homestead with supplemental income, or a private family compound close to nature with room to grow. The combination of open floor plan, land usability, private wooded sections, and income-generating billboards positions this property as a rare find in East Tennessee, ready for your next chapter.
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FeaturesInteriorInterior Features Ceiling Fan(s) Walk-In Closet(s) Recessed Lighting Open Floorplan Natural Woodwork Kitchen Island High Ceilings Double Vanity
Basement Partially Finished Walk-Out Access
Flooring Carpet Hardwood
Basement Y/N Yes
Total Rooms 13
Living Area 3841.00
Fireplace No
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GeneralSewer Septic Tank
Heating Central Heat Pump
Cooling Central Air Ceiling Fan(s)
Utilities Electricity Connected
Possession Close Of Escrow
Roof Shingle
Appliances Disposal Refrigerator Microwave Electric Range Dishwasher
Number of Garage Spaces 2.00
Architctural Style Traditional
View Mountain(s)
County Cocke
Property Type A
Tax Year 2024
Occupant Type Owner
Status Active
Auction Y/N No
Acres 4.4000
Construction Materials Block
Sub Type Single Family Residence
Year Built 2007
Directions Take I-40 E/I-75 N. Keep right to stay on I-40 E. Take exit 424 toward Dandridge. Merge onto TN-113 S. Turn left onto US-25W S/US-70 E. Turn left toward Old Newport Hwy. Turn right onto Old Newport H
City Newport
List Price/SqFt 221.30
New Construction Y/N No
High School Cocke
Association? No
Elementary School Edgemont K-8
Middle/Junior School Edgemont K-8
Structure Type House
Street Name Deerwood
Public Remarks A Home That Pays You to Live the East Tennessee Life! Discover your East Tennessee gateway to mountain living with freedom and income in one property. This single-level home offers an open floor plan
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ExteriorWaterfront No
Exterior Features Awning(s) Rain Gutters
Lot Features Back Yard Wooded Rolling Slope Private Level Front Yard
Fencing Back Yard Wire Front Yard
Water Source Well
Lot Size Dimensions 367 x 601 x IRR
Garage Y/N Yes
Attached Garage Y/N Yes
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* Excluded FeaturesList ByKeller Williams RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,234
- Monthly Property Taxes
- $137
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Newport, TN
Average List Price $404,041
Percent of Sale Price 52%
About Newport, TN 7,461 Population
5% Since 2002
$ 22,588 Median Income
41.04 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2484319 Elementary School
0 Middle School
Cocke High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/28/2025 | $850,000 | -2.86% | Price Down |
| 9/26/2025 | $875,000 | -2.77% | Price Down |
| 8/22/2025 | $899,900 | -0.01% | Price Down |
| 8/8/2025 | $900,000 | -2.70% | Price Down |
| 7/18/2025 | $925,000 | | Listed Price |