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Sold for $275,000
  • $275,000

    1665 Cosby Hwy, Newport, TN 37821

    --beds
    --baths
    3.12Acres
    Unimproved Land, Land
    Built in ----
    3.12 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Scenic setting
    Exceptional opportunity awaits with this versatile 3.12-acre property located just outside the Newport city limits on Cosby Highway. Zoned for both commercial and residential use, this property offers outstanding flexibility for a variety of potential uses. The acreage may be divided into three approximately 1-acre tracts, providing additional investment or development possibilities. Included on the property is a 1,200-square-foot building that previously operated as a pawn shop, featuring an open floor plan and two bathrooms. Surrounded by beautiful mountain views, this property offers a scenic setting with endless potential. Electric and public water are available, and the property has a previously approved septic permit that will require renewal. Conveniently located just 5 minutes from shopping, Interstate access, and downtown Newport, approximately 30 minutes from Gatlinburg, this property combines excellent accessibility with the beauty of East Tennessee. Contact your favorite Realtor today to schedule your private showing and explore everything this unique property has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Billy Askew 423-237-3779,

    Askew Realty Group

    Bought with:

    Billy Askew, 269829

    Askew Realty Group

    Source: Lakeway Area AOR,MLS#: 712422MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    Lot
    • Size: 3.12 Acres
    • Features: Back Yard, Cleared, Level, Open Lot, Split Possible, Views
    Details
    • Additional structures: Other
    • Parcel number: 073D A 00500 000
    • Zoning: COMMERCIAL

    Utilities & green energy

    • Sewer: Septic Needed
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Water Available, Fiber Internet

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Tax assessed value: $51,900
    • Annual tax amount: $800
    • Date on market: 8/1/2026
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/11/2026Sold$275,000
    Source: Lakeway Area AOR #712422 Report a problem
    9/9/2026Pending sale$275,000
    Source: Lakeway Area AOR #712422 Report a problem
    7/30/2026Listed for sale$275,000
    Source: GSMAR, GSMMLS #313026 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$195 +2%$12,975 +74.2%
    2024$191 $7,450
    2023$191 -0.2%$7,450
    2022$191 $7,450
    2021$191 $7,450
    2020$191 -18.6%$7,450 -10.2%
    2019$235 $8,300
    2018$235 0%$8,300
    2017$235 -2.5%$8,300
    2016$241 -22.3%$8,300
    2015$310 $8,300
    2014$310 $8,300 -35.8%
    2013$310 +17.1%$12,925 +0.1%
    2011$265 $12,918
    2010$265 $12,918
    2009-- $12,918 +0.1%
    2008$320 $12,911
    Find assessor info on the county website

    Neighborhood: 37821

    Nearby schools

    GreatSchools rating