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The Resi Gazette

East Tennessee Edition

Thursday edition · Nov 5, 2026 · 6:00 AM EST
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430 Sugar Cove Way, Newport, TN 37821 in Newport is the only new listing in mega mansions this edition, asking $9,450,000

12 active ($5,000,000+) · median asking $6,375,000 · median 70 days on market.

430 Sugar Cove Way, Newport, TN 37821
Front exterior, 430 Sugar Cove Way, Newport, TN 37821, Newport. Built 2002, asking $9,450,000.Listing courtesy of Remax Preferred Pigeon Forge · East Tennessee REALTORS® via Spark (FlexMLS) · asking price

Mega mansions this edition: 12 active listings ($5,000,000+), median asking $6,375,000, median 70 days on the market.

One is new since Nov 4: 430 Sugar Cove Way, Newport, TN 37821 in Newport at $9,450,000.

430 Sugar Cove Way, Newport, TN 37821 in Newport is a house with 41 bedrooms, 33 baths, and 22,003 sq ft, a lot of 30 acres, built in 2002. It has been on the market 1 day, listed by Remax Preferred Pigeon Forge. It is asking $9,450,000. That is $429 per square foot, against a median asking of $200 per square foot across Newport this edition, $229 higher per square foot.

In Newport the Gazette counts 96 active listings; the median asking price there is $272,000, and 111 days listed. Beyond this one, no cuts to the asking price and no increases in Newport were recorded this edition. The Newport page lists every home there.

Beside it, Parrottsville has 28 active listings and a median asking price of $297,000, $25,000 higher than Newport's. Per square foot the median asks $249 in Parrottsville against $200 in Newport, so Newport is lower; the median lot is 5.91 acres in Parrottsville against 1.15 acres in Newport, so Parrottsville has more land. Also nearby, Baneberry has 11 active listings and a median asking price of $64,900, $207,100 lower than Newport's. Per square foot the median asks $250 in Baneberry against $200 in Newport, so Newport is lower; the median lot is 0.55 acres in Baneberry against 1.15 acres in Newport, so Newport has more land. Every figure is an asking price from the same edition.

For the market as a whole, 12,391 listings are active, and the median asking price is $348,900. Per square foot, the median asks $236. The median home has been listed 79 days. The by-the-numbers page sets out every city, with the charts.

This is edition No. 13, counting from Nov 4 to Nov 5: 140 new listings came on, 147 price cuts were recorded, no price increases were recorded, and 122 listings left the active market.

A note on reading asking prices. The figures on this page are what listings ask, taken from the MLS listings, and nothing else. When an asking price moves, that is all the page reports: it does not say why the move was made and it does not say what any home will bring. Judging a number is left to the reader. To see a home in person, open its listing and ask the listing office named there for a showing.

1 listing · The story behind them ↓

New and re-priced listings in this section this edition.

430 Sugar Cove Way, Newport, TN 37821$9,450,000Newport · 41 bd · 22,003 sq ft · 30 ac · listed by Remax Preferred Pigeon Forge
ActiveMedian askingMedian daysNote
12$6,375,00070$5,000,000+

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