146 Paradise Point New Tazewell, TN $ 2,300,000
146 Paradise Point
$ 2,300,000
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146 Paradise Point

New Tazewell, TN, 37825
$ 2,300,000
Bedrooms10 Baths6.1 Sq 2,797

Monthly Estimate*

$ 14,161

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Multi-Family Home for sale in New Tazewell, TN

for $2,300,000 with 10 bedrooms and 6 full baths, 1 half bath. This 2,797 square foot home was built in 2024 on a lot size of 12.908.

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. 14x40 storage building with electric that houses shared water system for 146 and 164,146 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 bookingsNearby Points of InterestNorris 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.

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Multi-Family Active

Price

$ 2,300,000

Bedrooms

10

Full Bath

6

Half Bath

1

Property Type

Multi-Family

Taxes

$ 4,357

Style

Multi Family

Lot Size

12.908

Year Built

2024

Town/City

New Tazewell

County/Region

Claiborne

MLS | Web ID

709583

Features
Interior
Interior Features Breakfast Bar Wired for Data Walk-In Closet(s) Vaulted Ceiling(s) Recessed Lighting Pantry Open Floorplan Kitchen Island High Speed Internet Ceiling Fan(s)
Basement Bath/Stubbed Walk-Up Access Walk-Out Access Full Finished Daylight
Flooring Laminate Luxury Vinyl
Basement Y/N Yes
Total Units 3
Common Walls No Common Walls
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General
Sewer Septic Tank
Heating Central Varies by Unit Other Electric
Cooling Central Air Wall Unit(s) Multi Units Electric
Utilities Cable Connected Propane Electricity Connected
Possession Close Plus 30 Days Negotiable
Roof Metal
Appliances Dryer Washer/Dryer Stacked Washer Refrigerator Microwave Electric Water Heater Electric Oven Dishwasher
Electric 220 Volts in Laundry Circuit Breakers
Architctural Style Ranch
View Lake Trees/Woods Mountain(s)
County Claiborne
Levels Two
Property Type B
Subdivision Name None
Tax Year 2025
Occupant Type Tenant
Status Active
Auction Y/N No
Acres 12.9080
Construction Materials Concrete Vertical Siding Fiber Cement
# of Buildings 3
Sub Type Multi Family
Year Built 2024
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
City New Tazewell
List Price/SqFt 359.82
Association? No
Structure Type Multi Family
Street Name Paradise
Public Remarks 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
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Exterior
Exterior Features Fire Pit Rain Gutters Outdoor Grill
Lot Features Gentle Sloping Wooded Waterfront Views Rolling Slope Private Irregular Lot
Other Structures Shed(s)
Water Source Other Well See Remarks
WaterFront Features Lake Lake Privileges Lake Front
Foundation Block
Pool Features None
Frontage Type Lakefront Waterfront See Remarks
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* Excluded Features
List By
Re/Max Real Estate Ten Midtown

Broker

tnrealestategal@gmail.com

Email

Affordability Calculator

$14,525
Per Month
98%
2%
0%
Monthly Principal & Interest
$14,161
Monthly Property Taxes
$363
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2484365 Elementary School
2484217 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2026$2,300,000 -6.12% Price Down
12/19/2025$2,450,000 -2.00% Price Down
11/14/2025$2,500,000 Listed Price

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146 Paradise Point, New Tazewell, TN, 37825 is a Multi-Family Home for sale at $2,300,000 with 2,797 sqft and a lot size of 12.908. 146 Paradise Point has 10 bedrooms, 6.1 baths, and was built in 2024. The property's zip code is 37825 which is in New Tazewell, TN