146 Paradise Point
New Tazewell, TN, 37825 $ 2,300,000
Bedrooms10 Baths6.1 Sq 2,797 Monthly Estimate*
$ 14,161
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.
See more
FeaturesInteriorInterior 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
See more
GeneralSewer 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
See more
ExteriorExterior 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
See more
* Excluded FeaturesList ByRe/Max Real Estate Ten MidtownBroker
tnrealestategal@gmail.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyMulti-family listings in New Tazewell, TN
Average List Price $1,616,633
Percent of Sale Price 30%
About New Tazewell, TN 3,146 Population
6% Since 2002
$ 30,781 Median Income
42.09 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
2484365 Elementary School
2484217 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 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 |