$1,750,000

116 Circle Rd Newport, TN 37821

Estimated payment $9,417/month

Total Views 3,447
10 Beds
9.5 Baths
7,600 Sq Ft
$230 Price per Sq Ft

Highlights

  • RV Hookup
  • 4.1 Acre Lot
  • Granite Countertops
  • Views of Trees
  • Whirlpool Bathtub
  • No HOA

About This Home

Unwind Acres - Turnkey Investment Opportunity in East TN with Multiple Income Streams!

Investors, take note! Located at 104-116 Circle Rd in Newport, TN, Unwind Acres spans 4.1 unrestricted acres and includes a fully operational campground with 10 RV pads and eight income-producing rental units. Grossing over $150,000 in revenue over the past 12 months, this property is a cash-flowing powerhouse ready for its next owner.

The campground offers a peaceful setting with RV/camper hook-ups and expansion potential. The 8 rental units include a mix of cabins, tiny homes, and a large modular home, along with 9 camper pads, all serviced by septic and city water with high-speed internet available. Each unit is currently rented, providing steady, diversified income. The possibilities with this property are almost endless to include weddings with your own private chapel.

Just about 30 minutes to Sevierville, Pigeon Forge, or Gatlinburg, and 15 minutes from white water rafting on the Pigeon River, this property is ideally located for both long-term and vacation rental traffic. With easy access to I-40 (10 minutes) and local amenities, Unwind Acres is perfectly positioned to attract tenants and travelers alike.

Whether you're growing your portfolio or breaking into short-term rentals, this is a rare find with real numbers and serious potential. Call today to setup your private showing, this is one you don't want to miss out on!

Listing Agent

Jamey Southerland

Keller Williams Properties License #351632 Listed on: 07/02/2025

Keller Williams Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,660

Year Built

  • Built in 2017

Lot Details

  • 4.1 Acre Lot
  • Property fronts a county road
  • No Common Walls
  • Private Entrance
  • Paved or Partially Paved Lot
  • Level Lot
  • Cleared Lot
  • Back and Front Yard
  • Additional Parcels

Parking

  • RV Hookup

Property Views

  • Trees
  • Mountain

Home Design

  • Cottage
  • Log Cabin
  • Combination Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 7,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Metal Fireplace
  • Electric Fireplace
  • Family Room with Fireplace
  • Storage

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Grill

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 038.00

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • 15 Leased Units
  • 2 Vacant Units
  • 2 Units Leased Month-To-Month
  • 17 Separate Electric Meters
  • 5 Separate Water Meters
  • Electric Expense $13,929
  • Insurance Expense $9,600
  • Water Sewer Expense $1,800
  • Gross Income $153,285
  • Net Operating Income $125,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,660

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Year Built: 2017
  • Other Expense: 1659.2
  • Fencing: None
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 4.1
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Directions: From I40 East take exit 435, go right on US 321 South for approximately 4.3 miles, turn left onto Old Hwy 32, then turn left onto Circle Rd. GPS Friendly. Sign on Property.
  • Above Grade Finished Sq Ft: 7600.0
  • Architectural Style: Cottage, Log
  • Property Attached Yn: No
  • Structure Type: Mixed Use
  • Location Tax and Legal:Tax Annual Amount: 1659.52
  • Location Tax and Legal:Tax Year2: 2024
  • Location Tax and Legal:Parcel Number2: 038.00
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Above Grade Finished Area: 7600.0
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • Levels:Two: Yes
  • View:Mountain(s): Yes
  • Laundry Features:Laundry Room: Yes
  • Road Frontage Type:County Road: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Main Level: Yes
  • Architectural Style:Log: Yes
  • Cooling:Wall Unit(s): Yes
  • General Property Information:Pool Private YN: No
  • Utilities:Water Available: Yes
  • Flooring:Luxury Vinyl: Yes
  • General Property Information:View YN2: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Location Tax and Legal:Additional Parcels YN: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Electric:Circuit Breakers: Yes
  • General Property Information:Number Of Units Total2: 10.0
  • Cooling:Varies by Unit: Yes
  • View:TreesWoods: Yes
  • Meter Information:Number Of Separate Water Meters: 5
  • Meter Information:Number Of Separate Electric Meters: 17
  • Laundry Features:Multiple Locations: Yes
  • Architectural Style:Cottage: Yes
  • Roof:Metal: Yes
  • Foundation Details:Combination: Yes
  • Common Walls:No Common Walls: Yes
  • Electric 220 Volts in Laundry: Yes
  • General Property Information Acres: 4.1
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Levels: One, Two
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Speed Internet, Kitchen Island, Soaking Tub, Storage, Whirlpool Tub
  • Private Spa: No
  • Owner Pays: Electricity, Insurance, Taxes
  • Accessibility Features: Grip-Accessible Features
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 10
  • Fireplace Features: Electric, Family Room, Metal
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Storage3: Yes
  • Interior Features:Soaking Tub: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fire Pit, Outdoor Grill, Private Entrance, RV Hookup
  • Lot Features: Back Yard, Cleared, Front Yard, Level, Paved, Views
  • Pool Features: None
  • View: Mountain(s), Trees/Woods
  • View: Yes
  • Common Walls: No Common Walls
  • Construction Type: Log, Vinyl Siding
  • Foundation Details: Combination
  • Other Structures: Garage(s), Other
  • Patio And Porch Features: Covered, Front Porch, Porch
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Log2: Yes
  • Exterior Features:Outdoor Grill: Yes
  • Exterior Features:RV Hookup: Yes
  • Exterior Features:Private Entrance: Yes
  • Lot Features:Views: Yes
  • Lot Features:Cleared: Yes
  • Exterior Features:Fire Pit: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Paved: Yes
  • Lot Features:Front Yard2: Yes
  • Accessibility Features:Grip-Accessible Features: Yes

Garage/Parking

  • Other Structures:Garage(s): Yes
  • Unit 1:Garage YN3: No
  • Unit 2:Garage YN4: No
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No

Utilities

  • Cooling: Ceiling Fan(s), Varies by Unit, Wall Unit(s), Other
  • Heating: Central, Electric, Heat Pump, Separate Meters, Varies by Unit
  • Sewer: Septic Tank
  • Electric: 220 Volts in Laundry, Circuit Breakers
  • Laundry Features: Common Area, In Unit, Laundry Room, Main Level, Multiple Locations
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
  • Water Source: Public, See Remarks
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Varies by Unit2: Yes
  • Heating:Separate Meters2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 178596.0
  • Additional Parcels: Yes
  • Parcel #: 038.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 10
  • Electric Expense: 13929.0
  • Annual Gross Income: 153285.28
  • Number Of Units Leased: 15
  • Number of Month to Month Units: 2
  • Number Of Units Vacant: 2
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Water Meters: 5
  • Income And Expenses Net Operating Income: 125137.28

Tax Info

  • Tax Annual Amount: 1659.52
  • Tax Map Number: 083
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2025 07/02/25 For Sale $1,750,000 -- $230 / Sq Ft
Source: Lakeway Area Association of REALTORS®

Source: Lakeway Area Association of REALTORS®

MLS Number: 708173

Lakeway Area Association of REALTORS®
Tennessee Cocke County Newport 37821

116 Circle Rd, Newport, TN

This home is located at 116 Circle Rd, Newport, TN 37821 and is currently priced at $1,750,000, approximately $230 per square foot. This property was built in 2017. 116 Circle Rd is a home located in Cocke County with nearby schools including Cosby Elementary School and Cosby High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lakeway Area Association of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

Nearby Homes
Jamey Southerland
Listing Agent
Jamey Southerland
Section Image
Keller Williams Properties
(423) 657-8007