146 Paradise Point, New Tazewell, TN 37825
$2,500,000
Property Type:
Multi-Family
Square Footage:
6,392
Lot Size (sq. ft.):
561,486
Status:
Active
Current Price:
$2,500,000
List Date:
11/10/2025
Last Modified:
11/12/2025
Description
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.
More Information MLS# 1321416
Location, Tax & Legal Info
Area: Claiborne County - 44
City/County Code: County
Total Tax: 4357
Contract Info
Auction Y/N: No
Listing Price: 2500000
Current Price: $2,500,000
Status: Active
Listing Date: 2025-11-10
General Property Description
Total Unfinished SqFt: 1098
Lot Dimensions: IRR
Lot Size SqFt: 561486
# Units Leased: 2
Restrictions: No
Utilities/Mo Avg: 805
Property Status: N/A
Driveway: Gravel
Lease Information: STR
SqFt - Total (Aprox): 6392
Number of Units: 3
Year Built: 2024
Remarks & Misc
Directions: Hwy 25E to Lone Mountain Rd. Turn onto Mountain Shores Rd. Go approx 1.5 miles and bear left on Island Rd. Left on Paradise Point. 146 Paradise is the 1st home on right. 164 is to the left of it. At end of the road is 280.
Public Remarks: 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.
Property Sub-Type
Other: 1
Construction
Block: 1
Type of Units
2 Bedroom Unit: 1
3 or more Bdrm Units: 1
Furnished: 1
Other: 1
Siding
Fiber Cement: 1
Other: 1
Sale Includes
All Furnishings: 1
Building and Land: 1
Miscellaneous
Patio: 1
Porch: 1
Washer/Dryer Cnctns: 1
Cooling
Central Cooling: 1
Wall Cooling: 1
Other: 1
Floors
Laminate: 1
Luxury Vinyl Plank: 1
Garage/Parking
Off-Street Parking: 1
Tenant Expenses
Tenant Pays No Util: 1
Owner Expenses
Advertising: 1
Electricity: 1
Exterior Maintenance: 1
HVAC Maintenance: 1
Insurance: 1
Lawn Maintenance: 1
Roof Maintenance: 1
Supplies: 1
Taxes: 1
Fuel
Electric: 1
Propane: 1
Heat
Central: 1
Other: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Smoke Detector: 1
Washer: 1
Other Rooms
Bedroom Main Level: 1
Mstr Bdrm Main Level: 1
Rec Room: 1
Split Bedroom: 1
Roof
Metal: 1
Exterior Features
Deck: 1
Dock: 1
Patio: 1
Porch - Covered: 1
Windows - Vinyl: 1
Misc Features
Internet Available: 1
Kitchen Island: 1
Pantry: 1
Washer/Dryer Connect: 1
Wired for Internet: 1
New Financing
Cash: 1
New Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 146
Street Name: Paradise
St Suffix: Point
State/Province: TN
Zip Code: 37825
PIN #: 126 050.02
Geo Lat: 36.370649
Geo Lon: -83.597755
Status Change Info
Status Change Date: 2025-11-10
Property Features
Property Sub-Type: Other
Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units; Furnished; Other
Sale Includes: All Furnishings; Building and Land
Floors: Laminate; Luxury Vinyl Plank
Tenant Expenses: Tenant Pays No Util
Owner Expenses: Advertising; Electricity; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Supplies; Taxes
Fuel: Electric; Propane
Heat: Central; Other
Cooling: Central Cooling; Wall Cooling; Other
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Smoke Detector; Washer
Construction: Block
Roof: Metal
Siding: Fiber Cement; Other
Exterior Features: Deck; Dock; Patio; Porch - Covered; Windows - Vinyl
Misc Features: Internet Available; Kitchen Island; Pantry; Washer/Dryer Connect; Wired for Internet
Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level; Rec Room; Split Bedroom
Miscellaneous: Patio; Porch; Washer/Dryer Cnctns
New Financing: Cash; New Loan
Showing: See Agent Instructns
Listing Office:
ReMax Real Estate Ten
IDX
Office Phone: 423-581-8881
Last Updated: November - 12 - 2025
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