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For sale
  • $349,900

    557 High Country Rd, Cosby, TN 37722

    1beds
    1,075sqft
    : 
    Single Family Residence, Residential
    Built in 2019
    2.15 Acres Lot
    $340,200 Zestimate®
    $325/sqft
    $-- HOA

    What's special

    COUNT THE ROOMS! Tucked away in the heart of Cosby with breathtaking mountain charm, 557 High Country Way is a rare, multi-structure property offering flexibility, income potential, and room to grow. Whether you're looking for a private mountain retreat, a multi-generational setup, or a short-term rental opportunity, this property delivers. The main residence welcomes you with warm character and thoughtful design, featuring an additional loft perfect for a sleeping area, office, or creative space, along with abundant storage throughout—a true luxury in mountain living. Attached to the main home is a fully equipped mother-in-law suite, complete with its own full kitchen and washer/dryer hookups, ideal for extended family, guests, or private rental use. A short walk down the property leads you to the impressive barn, where functionality meets opportunity. The first level offers a spacious workshop area, perfect for hobbies, equipment, or projects. Upstairs, the second level is fully set up as a short-term rental, featuring 2 bedrooms, 2 bathrooms, a full kitchen, living room, and dining area—a turnkey income-producing space with endless potential! Rounding out the property is a tiny home with the exterior shell and flooring already completed, providing a blank canvas to finish exactly how you envision—additional rental income, a guest house, or a private studio. Surrounded by the beauty of East Tennessee and just minutes from the Smokies, this one-of-a-kind property offers multiple living spaces, income streams, and expansion opportunities all in one serene setting. Properties with this level of versatility and potential are exceptionally rare—don't miss your chance to own a true High Country gem.
    37 days
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    663
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    23
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    Zillow last checked: 8 hours ago

    Listing updated: January 16, 2026 at 03:49pm

    Listed by:

    Danielle Thompson 865-809-0543,

    TN Smoky Mtn Realty 865-280-2569

    Source: GSMAR, GSMMLS,MLS#: 309780MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Self Cleaning Oven
    • Laundry: Main Level, Multiple Locations
    Features
    • Additional Living Quarters, Ceiling Fan(s), In-Law Floorplan, Storage
    • Flooring: Wood
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,075
    • Total interior livable area: 1,075 sqft
    • Finished area above ground: 1,075
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, Gravel, Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Storage
    • Pool features: None
    Lot
    • Size: 2.15 Acres
    • Features: Country Setting
    Details
    • Additional structures: Barn(s), Grain Storage, Guest House, Outbuilding, Second Residence, Storage, Workshop
    • Parcel number: 103 03910 000
    • Zoning: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin
    • Property subtype: Single Family Residence, Residential
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2019

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: High Country Est
    HOA
    • Has HOA: No
    Location
    • Region: Cosby

    Financial & listing details

    • Price per square foot: $325/sqft
    • Tax assessed value: $337,000
    • Annual tax amount: $1,263
    • Date on market: 1/16/2026
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Road surface type: Gravel

    Estimated market value

    $340,200

    $323,000 - $357,000

    $1,612/mo

    Price history

    Price history
    DateEventPrice
    1/16/2026Listed for sale$349,900-11.4%$325/sqft
    Source: GSMAR, GSMMLS #309780 Report a problem
    12/17/2025Listing removed$394,900$367/sqft
    Source: Lakeway Area AOR #709211 Report a problem
    11/26/2025Price change$394,900-1.3%$367/sqft
    Source: Lakeway Area AOR #709210 Report a problem
    10/5/2025Price change$399,900+17.7%$372/sqft
    Source: Lakeway Area AOR #709211 Report a problem
    10/2/2025Price change$339,900-15%$316/sqft
    Source: Lakeway Area AOR #709211 Report a problem
    10/2/2025Listed for sale$399,900+4.1%$372/sqft
    Source: Lakeway Area AOR #709210 Report a problem
    7/30/2025Listing removed$384,000$357/sqft
    Source: Lakeway Area AOR #706629 Report a problem
    4/26/2025Price change$384,000-3.7%$357/sqft
    Source: Lakeway Area AOR #706629 Report a problem
    3/24/2025Price change$398,900-6.1%$371/sqft
    Source: Lakeway Area AOR #706629 Report a problem
    3/2/2025Listed for sale$425,000-14.1%$395/sqft
    Source: Lakeway Area AOR #706629 Report a problem
    10/22/2024Listing removed$495,000$460/sqft
    Source: East Tennessee Realtors #1263647 Report a problem
    9/17/2024Price change$495,000-5.5%$460/sqft
    Source: East Tennessee Realtors #1263647 Report a problem
    9/4/2024Price change$524,000-0.2%$487/sqft
    Source: Lakeway Area AOR #703673 Report a problem
    8/12/2024Price change$525,000-16%$488/sqft
    Source: East Tennessee Realtors #1263647 Report a problem
    7/10/2024Price change$625,000-12.6%$581/sqft
    Source: Lakeway Area AOR #703673 Report a problem
    6/17/2024Price change$715,000-1.4%$665/sqft
    Source: Lakeway Area AOR #703673 Report a problem
    5/13/2024Listed for sale$725,000+1712.5%$674/sqft
    Source: Lakeway Area AOR #703673 Report a problem
    10/28/2020Sold$40,000-32.2%$37/sqft
    Source: Public Record Report a problem
    6/25/2019Sold$59,000+162.2%$55/sqft
    Source: Public Record Report a problem
    9/11/2015Sold$22,500$21/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$1,263 +29.5%$84,250 +121.1%
    2024$975 $38,100
    2023$975 -0.2%$38,100
    2022$977 $38,100
    2021$977 $38,100
    2020$977 +357.4%$38,100 +404.6%
    2019$214 $7,550
    2018$214 -0.2%$7,550
    2017$214 -2.3%$7,550
    2016$219 -27.7%$7,550
    2015$303 $7,550 -52%
    2014$303 $15,725 +24.6%
    2013$303 +17.1%$12,625 +0.1%
    2011$259 $12,617
    2010$259 $12,617
    2009-- $12,617 -11.7%
    2008$354 $14,281
    2007$354 $14,281
    2006$354 $14,281
    2005$354 -21.5%$14,281
    2004$451 $14,281

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,810/mo
    Principal & interest
    $1623
    Property taxes
    $187

      Climate risks

      Neighborhood: 37722

      Nearby schools

      GreatSchools rating

      Local experts in 37722

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