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  • $612,000

    551 Deerwood Ln, La Follette, TN 37766

    2beds
    2,816sqft
    Single Family Residence, Residential
    Built in 2004
    6,098 Square Feet Lot
    $612,200 Zestimate®
    $217/sqft
    $4,355 Estimated rent

    Home value

    $612,200

    Estimated sales range

    Not available

    $4,355/mo

    Zestimate® history
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    What's special

    Discover the ultimate lakefront lifestyle at 551 Deerwood Lane, nestled along the pristine shores of Norris Lake in the heart of East Tennessee. This gorgeous 2 bedroom (with 3 additional rooms for sleeping), 4 bathroom home is more than just a place to live -- it's a destination. From the moment you arrive, the sparkling water views and relaxed elegance of this property will take your breath away. Step down to your very own private dock ⛵ and let the adventure begin! The interior of this home is as impressive as the scenery surrounding it. Thoughtfully crafted to capture abundant natural light, the generous living and dining areas open seamlessly onto the deck, blurring the line between indoor comfort and outdoor splendor. Five well-appointed bedrooms and four full bathrooms mean there is always room for everyone -- whether it's a lively family gathering or a peaceful solo retreat by the water. 🌊 Stunning Norris Lake lakefront setting with breathtaking water views and your own private dock ⛵ 🛏️ 5 spacious bedrooms and 4 full bathrooms -- room for the whole family and then some ☀️ Light-drenched, open concept interior that perfectly frames the natural beauty outside 🍖 Exceptional outdoor living spaces ideal for lakeside entertaining, summer grilling, and golden hour sunsets ⛵ Unbeatable recreation at your doorstep -- boating, fishing, hiking, golfing, and a nearby airstrip 🚗 Convenient Knoxville access without sacrificing the serenity of true lakefront living Whether you envision lazy summer days on the water, a thriving short-term rental, or simply a place to call home, 551 Deerwood Lane delivers it all in spectacular fashion. Fireplace was never used by current owners. Buyers would need to set up a propane account if they want to use it. 🏡 (Deerfield HOA dues are $1250 per year, dues for the villas that include the slip are $3000.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Cargill Wax 844-591-7325,

    Real Broker

    Bought with:

    Phillip Boshears, 362129

    Alco Builders & Realty Co

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3245505MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    • Full bathrooms: 4
    Bedroom 1
    • Features: Walk-In Closet(s)
    • Level: Walk-In Closet(s)
    Other
    • Features: Utility Room
    • Level: Utility Room
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Walk-In Closet(s), Ceiling Fan(s)
    • Flooring: Carpet, Tile
    • Basement: Exterior Entry
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,816
    • Total interior livable area: 2,816 sqft
    • Finished area above ground: 2,048
    • Finished area below ground: 768

    Property

    Features
    • Levels: Three Or More
    • Patio & porch: Deck
    • On waterfront: Yes
    • Waterfront features: Lake Front
    Lot
    • Size: 6,098 Square Feet
    • Features: Other
    • Topography: Other
    Details
    • Parcel number: 113D A 05200 000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence, Residential
    Materials
    • Vinyl Siding, Other
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Other
    • Utilities for property: Electricity Available
    Green energy
    • Energy efficient items: Doors

    Community & HOA

    Community
    • Subdivision: Deefield
    HOA
    • Has HOA: Yes
    • Amenities included: Golf Course
    • Services included: Maintenance Structure, Maintenance Grounds
    • HOA fee: $2,500 annually
    Location
    • Region: La Follette

    Financial & listing details

    • Price per square foot: $217/sqft
    • Tax assessed value: $445,500
    • Annual tax amount: $1,354
    • Date on market: 4/20/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/18/2026Sold$612,000-11.2%$217/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3245505 Report a problem
    5/21/2026Pending sale$689,000$245/sqft
    Source: East Tennessee Realtors #1337573 Report a problem
    4/20/2026Listed for sale$689,000-8.1%$245/sqft
    Source: East Tennessee Realtors #1337573 Report a problem
    4/16/2026Listing removed$749,900$266/sqft
    Source: eXp Realty #1322046 Report a problem
    11/19/2025Listed for sale$749,900+168.2%$266/sqft
    Source: East Tennessee Realtors #1322046 Report a problem
    11/20/2003Sold$279,601$99/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,354 $111,375
    2024$1,354 -22.9%$111,375 +31.1%
    2023$1,755 $84,950
    2022$1,755 $84,950
    2021$1,755 $84,950
    2020$1,755 $84,950
    2019$1,755 +4.7%$84,950 +14.1%
    2018$1,676 0%$74,475
    2017$1,676 $74,475
    2016$1,676 +13.1%$74,475
    2015$1,482 $74,475
    2014$1,482 $74,475
    2013-- $74,475 -1%
    2011$1,324 $75,200
    2010$1,324 $75,200
    2009-- $75,200 +24.8%
    2008$1,206 $60,275
    2007$1,206 $60,275
    2006$1,206 $60,275
    Find assessor info on the county website

    Neighborhood: 37766

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $612,200
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    Estimated market value
    $612,200