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1517 Deerfield Way, La Follette, TN, 37766

4beds
3baths
4,427sqft
$799,900
$181price/sqft
$5,711/moest. monthly cost
$228,440/yrincome needed

About This Home

Perched above beautiful Norris Lake in Deerfield Resort, 1517 Deerfield Way offers the rare combination of updated, low-maintenance living, main-level convenience, and unforgettable lake-and-mountain views. Set in one of East Tennessee's best-known lake communities, Deerfield offers a championship golf course, marina, seasonal pool, tennis courts, playground, and even a private 3,200-foot airstrip for owners and guests--making this more than a home; it's a true resort-life escape. Norris Lake itself is one of Tennessee's premier recreation lakes, with 809 miles of shoreline and 33,840 acres of water for boating, swimming, fishing, and year-round enjoyment. Inside, the home has been beautifully updated and thoughtfully designed for comfort. The main level features 3 bedrooms, a stylish chef's kitchen with newer stainless appliances, updated cabinetry and countertops, and two spacious living areas that soak in the view. Upstairs, the private suite feels like its own retreat, complete with a balcony overlooking Norris Lake--perfect for morning coffee or winding down after a day on the water. For buyers who value easy everyday living, most of the home is on the entry level, with only the upper guest/master suite requiring stairs. Outdoor living is just as compelling. Composite decking with powder-coated aluminum railings creates a low-maintenance space to entertain, while the beautifully hardscaped shaded patio offers a cool, private setting for afternoons and evenings outside. Two separate driveways provide ample parking, and the detached climate-controlled workshop/garage--included in the square footage--adds flexibility for hobbies, storage, lake toys, or extra workspace. Multiple floored and lighted attic spaces provide even more storage, while the high-efficiency HVAC, heat pump water heater, and roof less than three years old offer the practical upgrades today's buyers want. Whether you're searching for a full-time home, a second home, or a turnkey getaway in Deerfield, this property delivers the views, updates, and easy-living layout that buyers come to Norris Lake hoping to find.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

Construction

Condition

  • Year built: 1987

Materials

  • Construction materials: Fiber Cement,Brick,Block,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Walk-In Closet(s),Pantry,Eat-in Kitchen,Bonus Room
  • Flooring: Carpet,Hardwood,Vinyl,Tile
  • Number of fireplaces: 1
  • Fireplace features: Insert
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Zoned

Interior Area

  • Total structure area: 4,427
  • Total interior livable area: 4,427 sqft

Property

Details

  • Parcel number: 113E A 081.00

Features

  • Has view: Yes
  • View description: Mountain(s)
  • Has water view: Yes

Lot

  • Lot size: 0.88 Acres
  • Features: Man-Made Lake,Corner Lot,Rolling Slope

Parking

  • Total spaces: 2
  • Parking features: Off Street,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $4,044$48,528
Home Insurance $519$6,228
Property Taxes $789$9,468
Electricity $359$4,316
Total$5,711$68,532

Income You'd Need if You Spent...

35% on housing$195,805/yr
40% on housing$171,330/yr
45% on housing$152,293/yr

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.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$181This listing

vs Other Active Listings

Avg $/sqft

ZIP 37766$243
Campbell County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 37766$183
Campbell County$184

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

DateEventPrice
2026-03-13Listed for sale$799,900
2026-01-01Listing removed$890,000
2025-04-23Listed for sale$890,000
2025-03-02Listing removed$930,000
2024-09-02Listed for sale$930,000
2020-12-02Listing removed$474,900
2020-10-22Price change$474,900
2020-03-04Listed for sale$475,000
2019-12-02Listing removed$475,000
2019-05-22Listed for sale$475,000
2005-08-25Sold$195,000

For Sale by Agent

AgentScott Fields
BrokerageFields Real Estate Co., INC.

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