1 month on rocket

888 Waterfront Trl, Lafollette, TN, 37766

$1,499,999

Home List Price

$10,000*

Closing Credit

9 Bedrooms
9 Full Baths
4,500 SqFt
$333/SqFt
House

Location

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888 Waterfront Trl, La Follette$1,499,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDesignated Parking, Off-Street Parking
Year Built2014
HeatingCentral, Heat Pump, Natural Gas, Electric
CoolingCentral Air
WaterfrontWater Access, Lake Front
FireplaceOther, Stone, Gas Log
ViewMountain(s), Lake
MLS #1278118
Lot Size0.55 Acres
StatusActive

About 888 Waterfront Trl

This stunning 3-story lake house in Lakeside Estates on Norris Lake is perfect for large group vacations, featuring 9 bedrooms and 9 bathrooms, accommodating up to 26 guests. With a gross revenue of $200,000 and high occupancy even in winter, this property boasts 1,500 sq. ft. of additional living space across three spacious decks with breathtaking lake and mountain views. Located in a peaceful, protected cove near the Cedar Creek Road jumping bridge, enjoy a private playground atmosphere with no wake or boat traffic. You're just a 10-20 minute boat ride from popular marinas (Sugar Hollow, Shanghai, Deerfield, Springs Dock) and 15 minutes from The Greens at Deerfield golf course and Chapman Hill Winery. Knoxville is 45 miles away, and Pigeon Forge and Gatlinburg are only 75 miles. Plus, two world-class ATV parks (Windrock and Ride Royal Blue) are within a 30-60 minute drive, with kayaking and tubing options nearby. Hiking enthusiasts can explore Cove Lake State Park, Norris Dam State Park, the Cumberland Trail, or the historic Cumberland Gap National Park. This home is being sold furnished and features plenty of parking with a private driveway shared by only two homes. The first floor includes a stone fireplace, vaulted ceilings, and a gourmet kitchen with granite countertops, double wall ovens, and two dishwashers. Enjoy dining at three tables and a large island/bar that seats 8, all overlooking the lake. The master bedroom has direct access to the top deck. The second floor features a family room with a large TV and two queen rooms with bunks, plus a king and a queen room. Two rooms open to a covered deck, and a laundry facility is also available. On the third floor, a large rec room includes a Ping Pong table, Foosball, and a 60'' TV. The kitchenette features a bar with seating for 8. This level has three bedrooms, including a bunk room, and a second laundry set. The updated aluminum deck features a party level and a slide, while the outdoor space includes a fire pit for cozy gatherings. Enjoy the covered deck with a hot tub, outdoor speakers, and additional seating. **No drive-bys this property is actively being rented.**

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2014
  • Living Area: 4,500 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Microwave, Range, Refrigerator, Trash Compactor, Washer
  • Basement: No
  • Flooring Type: Carpet, Hardwood
  • Interior: Cathedral Ceiling(s), Island in Kitchen, Eat-in Kitchen
  • Fireplace: Other, Stone, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 9
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Lake Front
  • View: Mountain(s), Lake
  • Exterior: Patio, Porch - Covered, Deck, Dock

Parking Information:

  • Attached Garage: No
  • Parking: Designated Parking, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Waterfront, Rolling/Hilly
  • Lot Size: 0.55 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Natural Gas, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I 75 exit 134 to Lafollette. R onto Davis Chapel. L onto Ivey Hollow Rd. R onto Waterfront Trail. Through the gate, L at the boat ramp. L into shared driveway for 888 Waterfront Trail.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,999
  • Price Per SqFt: $333/SqFt

HOA Fees:

  • Amount: $900
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in La Follette, TN.

Med. Sold Price

$260K

Med. Price/SqFt

$176

Avg. Days On Market

46

# of Sold Homes

16

888 Waterfront Trl vs La Follette

45 DAYS ON ROCKET

-1 Day

$1,499,999

+$1.2M More

$333/SqFt

+$157 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $157/SqFt more than other homes in La Follette, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1278118

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

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 © 2024 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: 11/15/2024, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Nearby Schools

school-card-donut-519891
6
/10
  • Valley View Elementary School

  • 1187 Old Middlesboro Hwy

  • 3.27 miles

  • Public District Grades PK-5

school-card-donut-519892
4
/10
  • LaFollette Elementary School

  • 195 Myers Ln

  • 3.50 miles

  • Public District Grades PK-5

school-card-donut-519893
7
/10
  • Jacksboro Elementary School

  • 164 Jacksboro Elem School Rd

  • 8.21 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,605. Most La Follette, TN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 888 Waterfront Trl

What is the listing price of this property?

The listing price of 888 Waterfront Trl property is $1,499,999.

What type of property is this?

The property 888 Waterfront Trl is a house located in Lafollette, Tennessee, 37766.

Is this property for sale now?

Active Listing: 888 Waterfront Trl is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 888 Waterfront Trl has 9 bedrooms and 9 bathrooms.

What is the square footage of this property?

The property 888 Waterfront Trl is 4,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 888 Waterfront Trl is 2014.

Rocket HomesTennesseeCampbell CountyLa Follette37766888 Waterfront Trl

This home is located at 888 Waterfront Trl in Lafollette, TN and zip code 37766. This 4,500 square foot home, which was built in 2014, sits on a 0.55 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,499,999.

In October 2024 more than 5 listings in La Follette, TN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in La Follette, TN between September 2024 and October 2024 increased by 2.4%. While the average time on the market in October 2024 was 46 days, the median list price was $260,000.

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

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