3061 Jones Ridge Rd, Speedwell, TN, 37870
About This Home
Welcome to a truly one-of-a-kind opportunity on Norris Lake this brand new Turn key 1,280 sq ft barndominium sits on an incredible 11.9 lakefront acres along the Powell River, offering approximately 300 feet of shoreline. Properties of this caliber are virtually unheard of, making this a rare chance to own one of the most unique tracts on the lake. Thoughtfully designed, this new construction home features 2 full bathrooms and a main-level primary bedroom, combining convenience with modern rustic charm. This home is equipped with top of the line Cafe smart appliances and the open layout provides comfortable living with efficient use of space, perfect for full-time living, a weekend retreat, or a high-demand investment property. One of the standout features is the rustic rough-sawn white oak timber frame covered front porch, creating a bold first impression and the perfect place to relax while taking in the surrounding natural beauty. It's the ideal setting for morning coffee. The home also includes an attached one-car garage and a backup propane generator, offering both practicality and peace of mind year-round. Built with spray foam insulation, it delivers exceptional energy efficiency and comfort in every season. Step outside and experience East Tennessee at its finest. With nearly 12 acres of gently rolling land, you'll enjoy unmatched privacy, abundant wildlife, and endless possibilities--whether that's building additional structures, creating trails, or simply enjoying the peace and quiet of nature. With direct access to the Powell River portion of Norris Lake, you get the best of both worlds calm waters, breathtaking views, and recreational opportunities right at your doorstep. Opportunities like this don't exist on Norris Lake, acreage, shoreline, privacy, and a brand new home all in one package. This is more than a property--it's a legacy investment. Buyer due diligence to verify all information.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 2025
Materials
- Construction materials: Steel,Metal Siding,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Slab,None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Cathedral Ceiling(s),Kitchen Island
- Window features: Windows - Vinyl
- Fireplace features: None
Heating & Cooling
- Heating features: Central,Heat Pump,Propane,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 1,280
- Total interior livable area: 1,280 sqft
Property
Details
- Parcel number: 013104 00817
- Other equipment: Generator
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Trees/Woods
- On waterfront: Yes
- Waterfront features: Lake/Water Access,River,Waterfront
Lot
- Lot size: 11.90 Acres
- Features: Wooded
Parking
- Total spaces: 1
- Parking features: Off Street
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Winter Weather
- Hail
- Inland Flooding
- Landslide
- Lightning
- Tornado
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,539 | $42,468 |
| Home Insurance | $462 | $5,544 |
| Property Taxes | $250 | $3,000 |
| Electricity | $175 | $2,103 |
| Total | $4,426 | $53,112 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-04 | Listed for sale | $699,900 |
View on Zillow