new - 5 days on rocket

TRACT5 Topaz Way, Newport, TN, 37821

$77,500

5.18 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontOther
MLS #1282037
Lot Size5.18 Acres
StatusActive

About TRACT5 Topaz Way

Available now, 9 tracts of land that are ideal for homesteading and building your dream, all tracts are zoned agricultural. Each tract offers plenty of room as they range from 5.2 to 6.4 acres each. These tracts fall within a community of people striving to build a healthier, more sustainable way of life. We are working to grow food and raise animals using techniques from fields like permaculture and agroforestry. We hope to reduce or eliminate our dependence on municipal utilities like electricity and water. The sellers live in the community and may be available to help with a variety of projects. With a machine shop, sawmill, and heavy equipment on site, they can assist with building structures, clearing land, or many other tasks that may arise as the sellers have a skill set that is not normally available. Their unique skill set, and equipment make them invaluable partners in creating the homestead of your dreams. The many tracts of land provide for different preferences such as having a weather stream, pond, MTN view with all of them being private. Each tract is accessible with common roads and long private driveways already graded with bar ditches and culverts. Most already have a house seat cut in, and the couple that don't are just waiting for you to pick a spot. This land provides a unique opportunity and is a must see. Roughly 30 minutes from Greeneville & Morristown, and about an hour from Knoxville, Pigeon Forge, and Gatlinburg, this property is located in the county but is within a short distance to shopping, restaurants and a hospital within the city limits of Newport. Sellers live on site and are available to assist with touring the land. If you are looking for land with the support of experienced homesteaders, these tracts of land are the perfect choice for your on or off-grid homestead. Come and enjoy the peace and tranquility of country living. Tract 5 has a very nice hilltop home site with northern views as well as good south facing slope for gardening. It is approximately 600' from the central well, 900' from the nearest electric pole, and 900' from the nearest city water tap.

Property Details

Property Features

Listing Office:

  • Office Name: Country Living Realty
  • Office Phone: (423) 237-1046

Exterior Features

Exterior Information:

  • Waterfront: Other

Lot Features

Lot Information:

  • Lot: Private, Rolling/Hilly, Wooded, Other
  • Lot Size: 5.18 Acres

Other

Directions Information:

  • Directions: For Tracts 1-5: From Parrottsville at the corner of Pizza plus and 340 Turn right onto TN-340 N for 3.1 mi, Turn right onto Luther Memorial Rd for 1.2 mi, Turn right onto Topaz Way. Follow the gravel rd to the top where you will see lot signs and real estate sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $77,500
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Housing Market Comparison

See how this home compares to others in Newport, TN.

Med. Sold Price

$240K

Med. Price/SqFt

$168

Avg. Days On Market

40

# of Sold Homes

7

TRACT5 Topaz Way vs Newport

5 DAYS ON ROCKET

-35 Days

$77,500

-$162.5K Less

KEY TAKEAWAY

This property is $162.5K 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: #1282037

Listing Office:

  • Office Name: Country Living Realty
  • Office Phone: (423) 237-1046

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: 11/13/2024, 11:50:55 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.

Payment Calculator

$454

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$299

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NMLS#3030

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-72156
6
/10
  • Dandridge Elementary School

  • 780 Highway 92 S

  • 13.20 miles

  • Public District Grades PK-5

school-card-donut-72157
4
/10
  • Mount Horeb Elementary School

  • 500 Dumplin Valley Rd E

  • 15.66 miles

  • Public District Grades PK-5

school-card-donut-72158
6
/10
  • Witt Elementary School

  • 4650 S Davy Crockett Pkwy

  • 15.79 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,600. Most Newport, TN residents have annual incomes between $35k-100k. Most families are married, no kids. 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 TRACT5 Topaz Way

What is the listing price of this property?

The listing price of TRACT5 Topaz Way property is $77,500.

What type of property is this?

The property TRACT5 Topaz Way is land located in Newport, Tennessee, 37821.

Is this property for sale now?

Active Listing: TRACT5 Topaz Way is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property TRACT5 Topaz Way is 5.18 acres.
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Rocket HomesTennesseeCocke CountyNewport37821TRACT5 Topaz Way

This home is located at TRACT5 Topaz Way in Newport, TN and zip code 37821. This home sits on a 5.18 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $77,500.

In October 2024 more than 1 listings in Newport, TN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. The inventory of homes for sale in Newport, TN between September 2024 and October 2024 decreased by 18.3%. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $240,000.

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

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