146 Paradise Point, New Tazewell, TN 37825
- 6,392 sqft
Multi-Family Home
Built in 2024
12.89acre lot
—— car garage
$391/sqft
Listed 2 days ago
Property Description
Three Homes • 12.908 Acres • Norris Lake • Approx. 1,180 ft Shoreline • Income Producing A rare income-producing lakefront portfolio on Norris Lake. This offering includes three separate homes across 12.908 acres with lake views, lake access, private driveways, and fiber internet. Two homes are currently operated as short-term rentals with established revenue history, and one home is owner-occupied with expansion potential. Combined, the properties offer approximately 1,180 ft of shoreline. 146 Paradise Point (4 BR / 2.5 BA / Built 2024): Known as Blue Haven, this home features a modern open-concept layout, two finished levels, and decks oriented toward the water. This property sits on 2.76 acres and is generating short-term rental income. 146 and 164 share a private water system. 164 Paradise Point (2 BR / 2 BA / Built 2024): This 5.12-acre parcel includes the primary residence. Designed with efficient living spaces and lake views, it provides the flexibility to continue as an owner residence, a long-term rental, or transition into the short-term rental program. A **4-slip covered dock with swim platform has been permitted for shared use between 146 and 164 (not yet constructed), offering scalable lake access and recreation. 280 Paradise Point (4 BR / 2 BA / 2-Car Garage / Remodeled 2022): Known as Lakefront Paradise, this property offers approx. 250 ft of direct shoreline and a covered dock with swim platform already in place. Built in 1995 and fully rehabbed in 2022, this home operates as a successful short-term rental with documented occupancy and revenue performance. Gentle slope to the water and walk-out lower level create strong guest appeal. STR / Income Highlights: • Two homes producing short-term rental income • Third home suitable for owner use, long-term rental, or STR expansion • Fiber internet available at all three residences • Proximity to Norris Landing Marina and Jimmy's Place supports year-round rental demand Location Proximities: Norris Landing Marina (0.1 mi) • Woodlake Golf Course (10 mi) • Walmart in Tazewell (12 mi) • Frostee Freeze (11 mi) • Veterans Overlook (22 mi) • Morristown (30 mi) • Knoxville (55 mi) This portfolio provides multiple income streams, owner-use flexibility, and the ability to expand short-term rental capacity with the permitted dock installation for 146 and 164. Ideal for investors seeking cash flow, asset appreciation, and scalable STR operations on Norris Lake.
- Listing Status:
- Active
- Date Added:
- November 10, 2025 at 06:00AM
- Listing Office:
- ReMax Real Estate Ten : 423-581-8881
- MLS ID:
- 1321416
- General: DockWindows - Vinyl
- Parking: Off Street
- Roofing: Metal
- General: BlockOtherFiber Cement
- Originating MLS: East Tennessee REALTORS® MLS
- County: Claiborne County - 44
- Zoning: 126 050.02
- Source: East Tennessee REALTORS® MLS
This listing courtesy of ReMax Real Estate Ten
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Tazewell-New Tazewell Elementary School
501 Davis Dr, New Tazewell, TN, 37825
Grades KG-4
4.99 miles away
Springdale Elementary School
1915 Highway 25E S, Tazewell, TN, 37879
Grades KG-7
5.49 miles away
Claiborne High School
815 Davis Dr, New Tazewell, TN, 37825
Grades 9-12
4.58 miles away
