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430 Sugar Cove Way, Newport, TN 37821

Newport
Local realty services provided by:CENTURY 21 Legacy
430 Sugar Cove Way,Newport, TN 37821
$9,450,000
  • 41 Beds
  • 34 Baths
  • 22,003 sq. ft.
  • Multi-family
  • Active
Listed by: john scott
Office: re/max preferred properties pigeon forge
MLS#:313084
Source:TN_GSMAR

Price summary

  • Price:$9,450,000
  • Price per sq. ft.:$429.49

About this home

Opportunities to acquire a fully operational waterfront resort with this combination of scale, infrastructure, and future development potential are exceptionally rare. Set on nearly 30 acres with almost 2,000 feet of Douglas Lake shoreline, this commercially zoned resort features 41 bedrooms, 34 bathrooms, and 22,000+ square feet of furnished accommodations across six luxury waterfront properties. With city sewer, internal roads, electric service, and development-ready areas already in place, the property is well-positioned for future growth. Combining immediate income with long-term upside, this offering represents one of East Tennessee's most compelling resort investments. At the heart of the resort stands a three-story timber frame lodge spanning nearly 6,000 square feet. This fully furnished cabin features 6 bedrooms, 6.5 bathrooms, and accommodates up to 16 guests. Outfitted with custom Amish furniture throughout, the lodge delivers the warm atmosphere guests seek when...

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Home facts

  • Year built:2019
  • Subdivision & Development:Sugar Cove
  • Listing ID #:313084

Rooms and interior

  • Bedrooms:41
  • Total bathrooms:34
  • Full bathrooms:28
  • Half bathrooms:6
  • Living area:22,003 sq. ft.

Structure and exterior

  • Year built:2019
  • Building area:22,003 sq. ft.
  • Lot area:30 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$9,450,000
  • Price per sq. ft.:$429.49
  • Tax amount:$4,300 (2025)

Parking

  • Garage:Yes
  • Garage spaces:3

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