364 Jasmine Drive, Newport, TN 37821

New Listing
$550,000
Property Type: Single Family Bedrooms: 3 Square Footage: 2,400 Lot Size (sq. ft.): 1,396,528 Status: Active
Current Price: $550,000 List Date: 12/15/2025 Last Modified: 12/16/2025

Description

Spectacular 32-Acre Property Near Douglas Lake - Endless Possibilities! Discover a rare opportunity to own 32 acres of private rural land near Douglas Lake and outside of city limits, featuring a well-maintained three bedroom, two bath home perched on a hill for added privacy and peaceful surroundings. This property is also a successful vacation rental with proven history, making it ideal for investors, second-home buyers, or those seeking a private property with revenue potential. Home Features 3 spacious bedrooms and 2 full bathrooms and beautiful sunroom Successful short term rental with established performance Appliances included offering a true turnkey opportunity Bright sunroom perfect for relaxing and enjoying the surrounding nature New flooring throughout New double pane windows for energy efficiency and comfort Elevated hilltop setting providing privacy, serenity, and views Land & Location Expansive 32 acres of wooded land. Robust population of wildlife for hunting Endless possibilities for expansion, additional building sites, or recreational use Located minutes from Douglas Lake, known for boating, fishing, and outdoor recreation Peaceful rural setting while still convenient to nearby towns, dining, and attractions. Land & Location Expansive 32 acres of wooded land. Robust population of wildlife for hunting Endless possibilities for expansion, additional building sites, or recreational use Located minutes from Douglas Lake, known for boating, fishing, and outdoor recreation Peaceful rural setting while still convenient to nearby towns, dining, and attractions Why This Property Stands Out ✔ Large acreage near Douglas Lake is increasingly hard to find ✔ Income-producing property with immediate rental potential ✔ Ideal for a private family retreat or long-term investment ✔ Turnkey condition with recent updates already completed Whether you're looking for a profitable, vacation rental or a private homestead, or land with long-term upside, this unique Douglas Lake area property offers space, privacy, and opportunity—all in one!

More Information MLS# 1324323

Contract Info

Auction Y/N: No Occupancy: Either Listing Price: 550000 Current Price: $550,000 Status: Active Listing Date: 2025-12-12

Location, Tax & Legal Info

Area: Cocke County - 39 Property Sub-Type: Residential City/County Code: County Elementary School: Edgemont Total Tax: 542.08 High School: Cocke County

General Property Description

Type: Ranch # Bedrooms: 3 Lot Dimensions: Irr x Irr x Irr x Irr Lot Size SqFt: 1396528 Acres: 32.06 Acre Source: Survey # of Rooms: 6 Restrictions: No Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 1200 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 Total Unfinished SqFt: 1200 # Fireplace: 1 HOA: No Basement: Yes Bonus Room: No SqFt - Total (Aprox): 2400 Baths - Full: 2 Year Built: 1950

Remarks & Misc

Directions: From Newport Take Hwy 25E toward White Pine / Morristown go about 1.4 miles TR onto Jasmine Dr. Property will be 1st Driveway on the left. Home at end of driveway on hill. See Signage. Public Remarks: Spectacular 32-Acre Property Near Douglas Lake - Endless Possibilities! Discover a rare opportunity to own 32 acres of private rural land near Douglas Lake and outside of city limits, featuring a well-maintained three bedroom, two bath home perched on a hill for added privacy and peaceful surroundings. This property is also a successful vacation rental with proven history, making it ideal for investors, second-home buyers, or those seeking a private property with revenue potential. Home Features 3 spacious bedrooms and 2 full bathrooms and beautiful sunroom Successful short term rental with established performance Appliances included offering a true turnkey opportunity Bright sunroom perfect for relaxing and enjoying the surrounding nature New flooring throughout New double pane windows for energy efficiency and comfort Elevated hilltop setting providing privacy, serenity, and views Land & Location Expansive 32 acres of wooded land. Robust population of wildlife for hunting Endless possibilities for expansion, additional building sites, or recreational use Located minutes from Douglas Lake, known for boating, fishing, and outdoor recreation Peaceful rural setting while still convenient to nearby towns, dining, and attractions. Land & Location Expansive 32 acres of wooded land. Robust population of wildlife for hunting Endless possibilities for expansion, additional building sites, or recreational use Located minutes from Douglas Lake, known for boating, fishing, and outdoor recreation Peaceful rural setting while still convenient to nearby towns, dining, and attractions Why This Property Stands Out ✔ Large acreage near Douglas Lake is increasingly hard to find ✔ Income-producing property with immediate rental potential ✔ Ideal for a private family retreat or long-term investment ✔ Turnkey condition with recent updates already completed Whether you're looking for a profitable, vacation rental or a private homestead, or land with long-term upside, this unique Douglas Lake area property offers space, privacy, and opportunity—all in one!

Atchd/Dtchd Type

Detached: 1

Style

Cottage: 1 Traditional: 1

Construction

Block: 1 Frame: 1

Siding

Vinyl: 1

Fireplace

Brick: 1 Gas Log: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Luxury Vinyl Plank: 1

Garage/Parking

Main Level: 1 Off-Street Parking: 1

Basement

Unfinished: 1 Walkout: 1

Lot Description

Irregular Lot: 1 Private: 1 Rolling Slope: 1 Wooded: 1

Fuel

Electric: 1 Gas (Natural): 1

View

Country Setting: 1 Mountain View: 1

Heat

Central: 1 Heat Pump: 1

Dining Area

Kitchen/Dining Rm Co: 1

Appliances

Dishwasher: 1 Dryer: 1 Range: 1 Refrigerator: 1 Smoke Detector: 1 Washer: 1

Exterior Features

Deck: 1 Doors - Energy Star: 1 Porch - Screened: 1 Windows - Insulated: 1

Misc Features

Internet Available: 1 Walk-in Shower: 1 Walk-In Closet(s): 1 Washer/Dryer Connect: 1

Sewer

Public Sewer: 1

Water

Public: 1

Outbuildings

Storage Shed: 1

New Financing

Cash: 1 Conventional: 1 FHA: 1 USDA/Rural: 1 VA Loan: 1

Location Tax Legal Info

House #: 364 Street Name: Jasmine St Suffix: Drive State/Province: TN Zip Code: 37821 PIN #: 038 027.03 Geo Lat: 35.991853 Geo Lon: -83.219679

Status Change Info

Status Change Date: 2025-12-15

Property Features

Style: Cottage; Traditional Construction: Block; Frame Siding: Vinyl Basement: Unfinished; Walkout Lot Description: Irregular Lot; Private; Rolling Slope; Wooded View: Country Setting; Mountain View Fireplace: Brick; Gas Log Floors: Luxury Vinyl Plank Fuel: Electric; Gas (Natural) Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Range; Refrigerator; Smoke Detector; Washer Sewer: Public Sewer Water: Public Misc Features: Internet Available; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect Exterior Features: Deck; Doors - Energy Star; Porch - Screened; Windows - Insulated Outbuildings: Storage Shed Dining Area: Kitchen/Dining Rm Co New Financing: Cash; Conventional; FHA; USDA/Rural; VA Loan

Room Information

Bathroom Bathroom Bedroom 2 Bedroom 3 Master Bedroom Eat In Breakfast Area Living Room Sunroom
Listing Office: Weichert REALTORS- Tiger Real Estate
IDX
Office Phone: 865-940-1430
Last Updated: December - 16 - 2025
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