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.
Lot/land
$275,000
1665 Cosby Hwy, Newport, TN 37821
--beds
--baths
3.12Acres
Unimproved Land, Land
Built in ----
3.12 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Scenic setting
- 31 days
- 84
- 1
Zillow last checked:
Listing updated:
Listed by:
Billy Askew 423-237-3779,
Askew Realty Group 865-322-5722
Source: Lakeway Area AOR,MLS#: 712422
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
Estimated market value
Not available
Estimated sales range
Not available
$1,685/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $275,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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








