# 2480 Elk Way, Newport, TN 37821

> **TL;DR:** 3bd/4ba single family, $388,800 ($151/sqft), built 1884, 2,569 sqft.
> Fireplace, A/C. Est. $1,685/mo. Listed 75 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $388,800 |
| Price/sqft | $151 |
| Bedrooms | 3 |
| Bathrooms | 4 full |
| Square Feet | 2,569 |
| Year Built | 1884 |
| Lot Size | 50,094 sqft (1.15 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 75 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,685 |
| **Total** | **$1,685** |

## Nearby Schools

- **Elementary:** Cosby
- **Middle:** Cosby
- **High:** Cosby

## Key Amenities

- Fireplace
- A/C

## Property Highlights

- Built in 1884
- 1.15 acre lot
- 2 stories
- Fireplace

## Description

### Agent Description
Turnkey Smoky Mountains Investment Opportunity - Single-Family Home with Mountain Views. Discover a well-maintained, income-producing single-family home in East Tennessee, ideally located near medical facilities, shopping, and dining-an excellent option for both investors and owner-occupants. This 3-bedroom, 4-bath residence offers 2,569 square feet, a two-car garage, and sits on 1.15 acres, providing strong rental potential and long-term value. The property features mountain views from both the front and rear, a partially fenced yard, and a peaceful setting attractive to both long-term tenants and short-term rental guests. Recent capital improvements include a new roof and new deck, minimizing near-term maintenance costs and enhancing overall asset quality. The open frontage land also offers potential for future expansion or development (subject to zoning regulations). For investors, the adjacent income-producing tri-plex is also available and can be purchased as part of a package sale, creating a rare opportunity to acquire multiple cash-flowing properties in one transaction. Whether you're building a rental portfolio, entering the Smoky Mountains short-term rental market, or living on-site while generating income from neighboring rentals, this property delivers flexibility, location. Conveniently located approximately 53 minutes to Knoxville, 48 minutes to Pigeon Forge and Gatlinburg, and 45 minutes to Hot Springs, NC.

## Location

- **Address:** 2480 Elk Way, Newport, TN 37821
- **County:** Cocke
- **Neighborhood:** Not In Subdivision
- **Coordinates:** 35.890713, -83.216834
- **Google Maps:** https://www.google.com/maps?q=35.890713,-83.216834

## Listing Agent

- **Name:** Don Fabrikant
- **Brokerage:** Country Living Realty
- **Phone:** 4232371046
- **Email:** donfabs@outlook.com

## Primary Photo

![2480 Elk Way - Primary Photo](http://lh.rdcpix.com/52665464fd76a59f572d6a57fb8d6ca2l-f2273150264r.jpg)

*62 total photos available on [listing page](https://www.propertysimple.com/listing/2480-elk-way-newport-tn-37821-9990558)*

---

**MLS#:** 9990558 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2480-elk-way-newport-tn-37821-9990558)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "2480 Elk Way, Newport, TN 37821",
  "description": "Turnkey Smoky Mountains Investment Opportunity - Single-Family Home with Mountain Views. Discover a well-maintained, income-producing single-family home in East Tennessee, ideally located near medical facilities, shopping, and dining-an excellent option for both investors and owner-occupants. This 3-bedroom, 4-bath residence offers 2,569 square feet, a two-car garage, and sits on 1.15 acres, providing strong rental potential and long-term value. The property features mountain views from both the",
  "url": "https://www.propertysimple.com/listing/2480-elk-way-newport-tn-37821-9990558",
  "image": "http://lh.rdcpix.com/52665464fd76a59f572d6a57fb8d6ca2l-f2273150264r.jpg",
  "datePosted": "2026-04-24",
  "price": 388800,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "2480 Elk Way",
    "addressLocality": "Newport",
    "addressRegion": "TN",
    "postalCode": "37821",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 35.890713,
    "longitude": -83.216834
  },
  "numberOfRooms": 3,
  "numberOfBathroomsTotal": 4,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 2569,
    "unitCode": "FTK"
  },
  "yearBuilt": 1884
}
```