For sale Home

Listed Oct 21, 2026

$1,500,000 Est. $9,921/mo

106 Ely Lane

  • 2

    Beds

  • 2

    Baths

  • 784

    Sq ft

The story

14 Rolling Acres with Hwy 63 Frontage, Move-In Ready Home & Endless Potential in Cumberland Gap! Property Overview: Welcome to 106 Ely Ln -- a rare East Tennessee opportunity combining exceptional usable land, high-visibility road frontage, and comfortable, move-in ready living! Nestled on 14 all-rolling pasture acres in Cumberland Gap, this versatile property is fully primed for farming, agriculture, homesteading, or future commercial and multi-family development. Interior & Home Features: At the heart of the acreage sits a newly remodeled 2-bedroom, 1.5-bathroom singlewide home. Thoughtfully updated and 100% move-in ready, it offers an efficient, comfortable layout perfect as a primary residence, rental, or on-site housing while you build your dream home or commercial venture. Land & Utility Infrastructure: 14 Acres of Rolling Pasture: 100% usable, prime pastureland ideal for cattle, horses, farming, planting crops, or creating a thriving homestead. Prime Location & Frontage: Features prime Highway 63 road frontage, offering tremendous versatility, high visibility, and exceptional potential for commercial use, multi-family development, or subdivision. Utilities Ready to Go: Connected to city water with a freshly pumped septic system already in place for worry-free ownership. Whether you are looking for an agricultural setup, investment property, or a strategic development site, 106 Ely Ln delivers location, capability, and limitless possibilities. Schedule your private tour today!

Facts & features

Home type

Home

Year built

1989

Lot size

14 acres

Price per sq ft

$1,913

Included features

  • Cooling

    Central Cooling

  • Heating

    Heat Pump, Electric

  • Appliances

    Range, Refrigerator

  • Flooring

    Laminate

  • Lot Information

    Rolling Slope

  • Water Source

    Public

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$9,921 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $7,984
  • Property tax $1,500
  • Insurance $438

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Century 21 Virginia Wilder Real Estate

Broker Name

Century 21 Virginia Wilder Real Estate

Agent

Lynzee Evans