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Sold for $5,000,000
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  • $5,000,000

    311 Deerwood Ln, La Follette, TN 37766

    9beds
    9,961sqft
    Single Family Residence
    Built in 2005
    0.81 Acres Lot
    $5,050,000 Zestimate®
    $502/sqft
    $2,881 Estimated rent

    Home value

    $5,050,000

    Estimated sales range

    Not available

    $2,881/mo

    Zestimate® history
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    What's special

    Professional-grade amplifiersOversized islandStanding seam metal roofDesigner finishesPremium electronicsThermador professional appliancesSpacious game room
    Set on the crystal clear waters of Norris Lake, 311 Deerwood Lane is a custom-built, nearly 10,000 sq ft estate designed for luxurious living and unforgettable entertaining. With timeless materials, bold design, and direct access to lake life, this home is an extraordinary blend of craftsmanship and comfort in one of East Tennessee's most sought-after communities. Striking Exterior & Outdoor Living Wrapped in timeless dry stack limestone and topped with a standing seam metal roof reflects a property built with intention and quality. The home's exterior radiates strength and elegance with concrete decks finished in natural slate which provide durable high-end outdoor living. And unlike most homes, all three levels walk out at ground level, creating seamless indoor-outdoor connections throughout. A dramatic wall of windows spans the lakeside, showcasing the four season beauty of the wooded and water surroundings and filling the interior with natural light. The outdoor centerpiece is your very own private 2-bay boat dock, constructed with steel framing and topped with premium Brazilian ironwood decking—offering durability, style, and direct access to everything Norris Lake has to offer. Elegant Interiors & Entertaining Spaces Inside, rich architectural cedar wood paneling, exposed steel and wooden beams, and designer finishes create an atmosphere that's both luxurious and inviting. The gourmet chef's kitchen features Thermador professional appliances, an oversized island, and custom cabinetry. Just off of the kitchen and dining room is a fully integrated indoor/outdoor built in grill with vent hood and dining area, ideal for hosting in any season. Luxury Home Theater in a Unique Setting A rare and impressive feature: the high-end private home theater, located in the upper-level connecting the main house and the carriage house. This entertainment suite includes premium electronics, professional-grade amplifiers, and a retractable screen that disappears into the ceiling, delivering a cinematic experience unlike any other. Lower Level Comfort & Recreation The lower level offers a massive custom stone bar, a spacious game room, another home theater with retractable screen, and a spa-style indoor hot tub room—creating a complete indoor retreat for guests or family. Key Features: • 9,961 sq ft of professionally finished living space • Dry stack limestone exterior • Standing seam metal roof • Concrete decks finished in slate • All three levels offer ground-level walkouts • Wall of windows facing the panoramic lake views • Architectural wood interiors, exposed steel and wood beams • Chef's kitchen with Thermador appliances • Second full kitchen in Carriage House • Third full kitchen in downstairs bar • Indoor/outdoor kitchen and dining area adjacent to main floor kitchen • Two home theaters with retractable screens • High end audio throughout the home • Stone bar and game room • Indoor hot tub room • Beautifully finished 3-car garage • 5 fireplaces total • Private 2-bay boat dock with steel construction and Brazilian ironwood decking Deerfield Resort Amenities Include: • Marina with Tiki Club • 18-hole championship golf course • Childrens playground • Swimming pool • Tennis/pickleball courts • Private 3200 ft airstrip • Golf cart-friendly community ________________________________________ 311 Deerwood Lane is not just a home—it's a legacy property. With nearly 10,000 square feet of expertly crafted living space, exceptional design, and access to world-class amenities, this Norris Lake estate is ready to exceed every expectation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Fields,

    Fields Real Estate Co., INC.

    Bought with:

    Tracy Lobertini, 314386

    Alco Builders & Realty Co

    Source: East Tennessee Realtors,MLS#: 1308421MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 10
    • Full bathrooms: 8
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Bonus Room
    Heating
    • Central, Propane, Zoned, Electric
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Eat-in Kitchen, Bonus Room
    • Flooring: Carpet, Hardwood, Slate
    • Windows: Drapes
    • Basement: Walk-Out Access,Finished,Slab
    • Number of fireplaces: 2
    • Fireplace features: Gas, Wood Burning
    Interior area
    • Total structure area: 9,961
    • Total interior livable area: 9,961 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Faces Side, Off Street, Garage Door Opener, Main Level
    • Garage spaces: 3
    Features
    • Exterior features: Gas Grill, Irrigation System, Prof Landscaped, Balcony, Dock
    • Has view: Yes
    • View description: Mountain(s)
    • Waterfront features: Lake/Water Access, Lake Front
    • Frontage type: Lakefront
    Lot
    • Size: 0.81 Acres
    • Dimensions: 140 x 362
    • Features: Man-Made Lake, Near Golf Course, Rolling Slope
    Details
    • Additional structures: Guest House
    • Parcel number: 113D A 070.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Steel, Stone, Block, Frame
    Condition
    • Year built: 2005

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Security: Gated Community, Smoke Detector(s)
    • Subdivision: Deerfield
    HOA
    • Has HOA: Yes
    • Amenities included: Golf Course, Playground, Security
    • Services included: Some Amenities
    • HOA fee: $750 annually
    Location
    • Region: La Follette

    Financial & listing details

    • Price per square foot: $502/sqft
    • Tax assessed value: $3,027,100
    • Annual tax amount: $9,199
    • Date on market: 7/14/2025
    • Listing terms: New Loan,Cash,Conventional

    Price history

    DateEventPrice
    8/20/2025Sold$5,000,000+2%$502/sqft
    Source: East Tennessee Realtors #1308421 Report a problem
    7/17/2025Pending sale$4,900,000$492/sqft
    Source: East Tennessee Realtors #1308421 Report a problem
    7/14/2025Listed for sale$4,900,000+3529.6%$492/sqft
    Source: East Tennessee Realtors #1308421 Report a problem
    5/13/1997Sold$135,000$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,199 $756,775
    2024$9,199 -1.1%$756,775 +68%
    2023$9,305 $450,400
    2022$9,305 $450,400
    2021$9,305 $450,400
    2020$9,305 $450,400
    2019$9,305 -5.6%$450,400 +2.8%
    2018$9,854 +0%$437,975
    2017$9,854 $437,975
    2016$9,854 +13.1%$437,975
    2015$8,716 $437,975
    2014$8,716 $437,975
    2013-- $437,975 -3.2%
    2011$7,960 $452,250
    2010$7,960 $452,250
    2009-- $452,250 -8.5%
    2008$9,890 $494,475
    2007$9,890 $494,475
    2006$9,890 $494,475
    Find assessor info on the county website

    Neighborhood: 37766

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,050,000
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    Estimated market value
    $5,050,000