$2,500,000

146 Paradise Point, New Tazewell, TN 37825

  • 6,392 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2024
  • Property Lot Size Icon12.89acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $391/sqft
  • Property List Date Icon 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: Kitchen IslandPantry
  • Appliances: RefrigeratorDishwasherMicrowaveWasherDryer
  • Flooring: LaminateLuxury Vinyl Plank
  • A/C: Central AirWall Unit(s)Other
  • Heating: CentralOtherElectricPropane
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

T

Tazewell-New Tazewell Elementary School

501 Davis Dr, New Tazewell, TN, 37825

Grades KG-4

4.99 miles away

S

Springdale Elementary School

1915 Highway 25E S, Tazewell, TN, 37879

Grades KG-7

5.49 miles away

C

Claiborne High School

815 Davis Dr, New Tazewell, TN, 37825

Grades 9-12

4.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.