Skip to main content
|

146 Paradise Point, New Tazewell, TN 37825

Show All 89 Photos
For Sale

$2,500,000

10 beds6 baths1 half baths5,284 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $473.13
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Three Homes - 12.908 Acres - Norris Lake - Approx. 1,180 ft Shoreline - Income Producing A lakefront investment opportunity of this scale is exceptionally rare on Norris Lake. This offering includes three homes across 12.908 acres with approximately 1,180 ft of shoreline, lake views, lake access, private driveways, walking trails, a private boat launch, and fiber internet. Two of the homes currently operate as established short-term rentals, and the third serves as an owner residence with room to expand. The layout and land positioning create privacy, flexibility, and the ability to scale income with 2 additional build sites. 146 Paradise Point (4 BR / 2.5 BA / Built 2024) Known as Blue Haven, this 2.76-acre property features a modern open layout, finished lower level, wide lake-facing decks, and strong short-term rental performance. 146 and 164 share a private water system and private boat launch. An approved additional build site allows for a 1-bedroom guest structure or RV placement. 164 Paradise Point (2 BR / 2 BA / Built 2024) Located on 5.12 acres, this property is currently owner-occupied. Designed to function as a residence, long-term rental, or STR conversion, it offers versatility. A 4-slip uncovered dock with swim platform has been permitted for shared use between 146 and 164 (not yet constructed). A second lakefront build site at this address has been soil tested for an additional 3-bedroom home. 280 Paradise Point (4 BR / 2 BA / 2-Car Garage / Remodeled 2022) Lakefront Paradise sits on 5.028 acres with approx. 250 ft of private shoreline and a covered dock with swim platform already in place. Fully remodeled in 2022, it is a successful short-term rental with documented income history. Gentle slope to the water and walk-out lower level create highly desirable guest appeal. Why This Portfolio Works for Income - Two active STRs + one adaptable residence - Fiber internet across all three homes (remote work + STR stability) - Dock rights secured now and scalable - Additional build sites = growth potential - Proximity to Norris Landing Marina & Jimmy's Place supports seasonal and year-round bookings Nearby Points of Interest Norris Landing Marina (0.1 mi) - Woodlake Golf Course (10 mi) - Walmart (12 mi) - Frostee Freeze (11 mi) - Veterans Overlook (22 mi) - Morristown (30 mi) - Knoxville (55 mi) A portfolio like this is not easily replicated-rare shoreline, permitted expansion, STR performance, and multiple dwellings already in place. Designed for lifestyle + income, with room to grow.
MLS# 9988144

Courtesy Of REMAX REAL ESTATE TEN OF MORRISTOWN

(423) 581-8881

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Deck, Porch, Patio, Basement, Water Front, Cable Ready
  • Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Architecture Style
    Ranch
  • Exterior Type
    Concrete
  • Fireplace
    Fireplace
  • Floor Covering
    Laminate, Vinyl
  • Lot Size
    12.91 Acres
  • Roof Type
    Metal
  • Rooms
    Dining Room
  • View Type
    Water

Home seller CENTURY 21 Virginia Wilder Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Virginia Wilder Real Estate

(276) 861-2023
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Loading...
Loading...