364 Jasmine Drive
Newport, TN, 37821 $ 550,000
Bedrooms3 Baths2.0 Sq 1,200 Monthly Estimate*
$ 3,431
for $550,000 with 3 bedrooms and 2 full baths. This 1,200 square foot home was built in 1950 on a lot size of 32.06.
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'
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FeaturesInteriorInterior Amenities Walk-In Closet(s) Eat-in Kitchen
Basement Walkout Unfinished
Total Fireplaces 1
Fireplace Features Brick Gas Log
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Windows - Insulated
Fireplace Y/N Y
Half Baths 0
Total Bedrooms 3
Total Baths 2
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GeneralSewer Public Sewer
Heating Central Heat Pump Natural Gas Electric
Cooling Central Cooling Ceiling Fan(s)
Appliances Dishwasher Dryer Range Refrigerator Washer
Architectural Style Cottage Traditional
Security Features Smoke Detector
Construction Materials Vinyl Siding Block Frame
Year Built 1950
View Mountain View Country Setting
Property Subtype Single Family Residence
County Cocke County - 39
Property Type Single Family
Attached Garage N
Garage Y/N N
Other Structures Storage
Total Rooms 6
Full Baths 2
Status Active
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.
High School Cocke County
City Newport
MLS Area Cocke County - 39
Lot Size Units Acres
Lot Size Square Feet 1396528.0
Carport Y/N N
Elementary School Edgemont
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Cocke County - 39
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Ranch
Standard Status Active
Senior Community None
New Financing Cash True
New Financing FHA True
New Financing VA Loan True
New Financing Coventional True
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ExteriorParking Features Off-Street Parking Main Level
Lot Features Private Wooded Irregular Lot Rolling Slope
Water Source Public
Lot Size Area 32.06
Spa N
Building Area Total 1200.0
Lot Dimensions Irr x Irr x Irr x Irr
Lot Size Acres 32.06
Lot Size Source Survey
Door Features Doors - Energy Star
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByPeggySue HoltListing Agent
Dandridge - Weichert, Realtors® - Tiger Real Estate Broker
Affordability Calculator
- Monthly Principal & Interest
- $3,431
- Monthly Property Taxes
- $45
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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 NearbySingle family listings in Newport, TN
Average List Price $402,055
Percent of Sale Price 27%
About Newport, TN 7,461 Population
5% Since 2002
$ 22,588 Median Income
41.04 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4930922 Elementary School
4508108 Middle School
Cocke County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/15/2025 | $550,000 | | Listed Price |