364 Jasmine Drive, Newport, TN 37821

$540,000
Property Type: Single Family Bedrooms: 3 Square Footage: 1,200 Lot Size (sq. ft.): 1,396,528 Status: Active
Current Price: $540,000 List Date: 12/15/2025 Last Modified: 4/27/2026

Overview

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 wil ...

Listing Details MLS# 1324323

Location Tax Legal Info

House #
364
Street Name
Jasmine
St Suffix
Drive
State/Province
TN
Zip Code
37821
PIN #
038 027.03

Contract Info

Auction Y/N
No
Listing Price
540000
Occupancy
Either

General Property Description

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

Status Change Info

Status Change Date
2025-12-15

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

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! 'VIEW BY APPOINTMENTS ONLY'

More Information

Atchd/Dtchd Type

Detached
Yes

Style

Cottage
Yes
Traditional
Yes

Construction

Block
Yes
Frame
Yes

Siding

Vinyl
Yes

Fireplace

Brick
Yes
Gas Log
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Luxury Vinyl Plank
Yes

Garage/Parking

Main Level
Yes
Off-Street Parking
Yes

Basement

Unfinished
Yes
Walkout
Yes

Lot Description

Irregular Lot
Yes
Private
Yes
Rolling Slope
Yes
Wooded
Yes

Fuel

Electric
Yes
Gas (Natural)
Yes

View

Country Setting
Yes
Mountain View
Yes

Heat

Central
Yes
Heat Pump
Yes

Dining Area

Kitchen/Dining Rm Co
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes
Washer
Yes

Exterior Features

Deck
Yes
Doors - Energy Star
Yes
Porch - Screened
Yes
Windows - Insulated
Yes

Misc Features

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

Sewer

Public Sewer
Yes

Water

Public
Yes

Outbuildings

Storage Shed
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes
USDA/Rural
Yes
VA Loan
Yes

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

Room Name
Bathroom
Bathroom
Bedroom 2
Bedroom 3
Master Bedroom
Eat In Breakfast Area
Living Room
Sunroom
IDX
Listing Office: Weichert, REALTORS - Tiger Real Estate
Office Phone: 865-940-1430
Last Updated: April - 27 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.