106 Ely Ln , Cumberland Gap, TN 37724
$1,500,000
- 2
- beds
- 1 full · 1 half
- baths
- 784
- sqft
- 1989
- year built
$1,500,000
106 Ely Ln , Cumberland Gap, TN 37724
- 2
- beds
- 1 full · 1 half
- baths
- 784
- sqft
- 1989
- year built
- Status:
- Active
- MLS #:
- 1359628
- County:
- Claiborne
- Listed By:
- Lynzee Evans - Century 21 Virginia Wilder Real Estate
- Office Phone:
- (276) 861-2023
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!
Highlights
- Residential
- Single Family Residence
- Built in 1989
- 14.0 Acre Lot
- 21 days on Market
-
- Bedrooms
- 2
-
- Bathrooms
- 1 full · 1 half
-
- Year Built
- 1989
-
- Construction Materials
- Other, Metal Siding
-
- Parking Features
- Off Street
-
- Living Area
- 784.0
-
- Interior Features
- Eat-in Kitchen
-
- Appliances
- Refrigerator, Range
-
- Flooring
- Laminate
-
- Cooling
- Central Air
-
- Heating
- Electric, Heat Pump
-
- Basement
- Crawl Space
-
- Acres
- 14.0
-
- Lot Features
- Rolling Slope
-
- Water
- Public
-
- Area
- Claiborne County - 44
-
- County
- Claiborne
-
- City
- Cumberland Gap
-
- Zip Code
- 37724
-
Nearby Schools
-
52out of 100
-
52out of 100
-
67out of 100
-
51out of 100
-
52out of 100
-
99out of 100
-
53out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 10/21/2026 | Listed | $1,500,000 |
| Source: East Tennessee REALTORS MLS #1359628 | ||
Source: MLS Data
Deed History
| 03/25/2024 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 106 Ely Ln?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 106 Ely Ln.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 106 Ely Ln?
Click Ask a Question to talk with our team. You already know it is a 2 bed, 1 bath, listed for $1,500,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Cumberland Gap, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 106 Ely Ln?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 106 Ely Ln at around $8,536. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 106 Ely Ln?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Claiborne County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 106 Ely Ln?
In most cases, yes. Whether 106 Ely Ln is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Cumberland Gap's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 106 Ely Ln?
We can handle that for you. Our preferred local agent specializes in residentials in Cumberland Gap and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $1,500,000 with 784 sqft of space—that comes out to approximately $1,913 per square foot.
How long has this property been on the market?
106 Ely Ln was listed on October 21, 2026, which means it's been on the market for 21 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1989, making it approximately 37 years old.
What is the lot size of this property?
106 Ely Ln sits on a 14.0-acre lot, which is 609,840 square feet.
Is 106 Ely Ln still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, East Tennessee REALTORS MLS. All rights reserved.
Last Updated: November 11, 2026 at 10:30AM | Source: East Tennessee REALTORS MLS | MLS#: 1359628
