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Nathan Cate
REALTOR®

551 Deerwood Lane, Lafollette, TN 37766

$689,000
  • 551 Deerwood Lane, Lafollette, TN 37766 Main Photo

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New to the Market Active
BEDS2 BATHS4 full SQUARE FEET2,816 MLS#1337573
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONDeefield

Property Description

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 livingWhether 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.

551 Deerwood Lane | MLS# 1337573

This single family home located at 551 Deerwood Lane, Lafollette, TN 37766 is currently listed for sale with an asking price of $689,000. This property was built in 2004 and has 2 bedrooms and 4 full baths with 2816 sq. ft. Deerwood Lane is located in the Deefield subdivision. Search Deefield real estate on ncate.franklinrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Cooling, Ceiling Fan(s)
Fireplaces: 1
Fuel Type: Electric
Heating: Central, Electric
Home Style: Chalet
Lot Size: 0.14 Acres
Year Built: 2004

Amenities

Walk-In Closet(s)
Dry Bar
Dock

Feature Descriptions

Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Association Amenities: Tennis Courts, Golf Course
Days on Site: 6
Exterior: Vinyl Siding, Block
Fireplace: Gas Log
Flooring: Carpet, Tile
HOA Y/N: Yes
Lot: Lake/Water Access, Waterfront
Parcel #: 113D A 052.00
Parking: Off-Street Parking
Sewer: Septic Tank
Special View Info: Lake
SQFT Total: 2816
View: Lake
Water: Other

Listed By / Shown By

Listed By

Agency Name: Real Broker

Shown By

Agent Name: Nathan Cate
Agent Phone: (865) 660-7191
Agency Title: Franklin Realty Inc.

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Estimated Payment

$ 4,425.26 per month $4,224.30 Principal & Interest $0.00 Property Tax (data not provided by mls) $200.96 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/27/2026. The listing information on this page last changed on 04/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/27/2026 12:00:24 AM EST) or East Tennessee REALTORS (last updated Sun 04/26/2026 11:54:40 PM EST) or GSMAR MLS (last updated Sun 04/26/2026 9:14:06 PM EST) or Lakeway MLS (last updated Sun 04/26/2026 11:51:37 PM EST). Real estate listings held by brokerage firms other than Franklin Realty Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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