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280 Paradise Point, New Tazewell, TN 37825

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For Sale

$2,500,000

5,200 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $480.77
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

Investment Portfolio on Norris Lake - 12.91 acres - 3 income-producing homes - Approx 1,180 ft shoreline Outstanding opportunity to acquire a turn-key short-term rental portfolio on Norris Lake. Located along Paradise Point in New Tazewell, TN, this package includes three lake homes totaling 12.908 acres and approximately 1,180 ft of shoreline with two active Airbnb properties and one owner-occupied residence. Each home has fiber internet and its own driveway with excellent road access. 146 Paradise Point (Blue Haven) and 164 Paradise Point were built in 2024 and feature modern finishes, open floor plans, and lake views from every level. They share a private water system and a permitted 4-slip covered dock with swim platform for future expansion. These two homes sit on 7.88 acres with roughly 930 ft of combined shoreline. 280 Paradise Point (Lakefront Paradise) is a 1995 home fully rehabbed in 2022 with modern interior upgrades, new systems, and approx 250 ft of shoreline. This property includes a covered dock with swim platform and a 2-car garage on the main level. It is an established short-term rental with documented income performance. Combined, these properties offer multiple income streams, owner flexibility, and high visibility near Norris Landing Marina and Jimmy's Place. Proximity to Woodlake Golf Course (10 mi), Walmart in Tazewell (12 mi), Frostee Freeze (11 mi), Veterans Overlook (22 mi), Morristown (30 mi), and Knoxville (55 mi) supports tourism and rental demand. Ideal for investors seeking an East Tennessee vacation portfolio, hospitality expansion, or corporate retreat center with development potential on Norris Lake.
MLS# 9988049

Courtesy Of REMAX REAL ESTATE TEN OF MORRISTOWN

(423) 581-8881

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Cable Ready
  • Lot Size
    12.91 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 280 Paradise Point, New Tazewell, TN 37825

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.