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551 Deerwood Lane, LaFollette, 37766
Priced At: $689,000
Property Details for ID: 1337573
SqFt: 2,816
Price SqFt: $245
Total Bedrooms: 2
Full Baths: 4 / Half Baths: 0
MLS Status: Pending - Continue to Show - Financing
Property Type: Residential
On Market Date: 2026-04-20T19:23:34Z
Subdivision: Deefield
Public Remarks: 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.
Schools Information
Sorry, school information is not available for this listing.Building Description
Site Built: Yes
Year Built: 2004
Total Rooms: 0
SqFt (Total): 2,816
SqFt (Main Lvl): 768
SqFt (Down Lvl): 768
SqFt (2nd Flr Lvl): 768
SqFt (3rd Flr Lvl): 512
Full Baths: 4
1/2 Baths: 0
Fireplace: Yes
Bonus Room: No
Extra Storage: Yes
Basement: Yes
Basement Type: Walkout
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: Mandatory
HOA Fee: 2500
HOA Freq: Yearly
HOA Contact: Carolyn Lyons HOA Treasurer treasdfhoa@gmail.com
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
From I-75 N Take exit 134 toward Jacksboro/LaFollette Merge onto US-25W N/I-75ALT N/Joe Heatherly Blvd Continue onto E Central Ave Turn right onto S Cumberland Ave Continue onto Long Hollow Rd Turn left onto Cedar Creek Rd Cedar Creek Rd turns right and becomes Alder Springs Rd Keep right to continue on Chapman Rd Keep right to continue on Deerfield Way Turn right to stay on Deerfield Way Turn right onto Deerwood Ln Slight left to stay on Deerwood Ln Destination will be on the left
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!