146 Paradise Point New Tazewell, TN 37825
Estimated payment $15,650/month
Highlights
- Lake Front
- Open Floorplan
- Deck
- 12.91 Acre Lot
- Lake Privileges
- Recreation Room
About This Home
Three Homes • 12.908 Acres • Norris Lake • Approx. 1,180 ft Shoreline • Income Producing
A rare income-producing lakefront portfolio on Norris Lake. This offering includes three separate homes across 12.908 acres with lake views, lake access, private driveways, and fiber internet. Two homes are currently operated as short-term rentals with established revenue history, and one home is owner-occupied with expansion potential. Combined, the properties offer approximately 1,180 ft of shoreline. 146 Paradise Point (4 BR / 2.5 BA / Built 2024):
Known as Blue Haven, this home features a modern open-concept layout, two finished levels, and decks oriented toward the water. This property sits on 2.76 acres and is generating short-term rental income. 146 and 164 share a private water system. 164 Paradise Point (2 BR / 2 BA / Built 2024):
This 5.12-acre parcel includes the primary residence. Designed with efficient living spaces and lake views, it provides the flexibility to continue as an owner residence, a long-term rental, or transition into the short-term rental program. A **4-slip covered dock with swim platform has been permitted for shared use between 146 and 164 (not yet constructed), offering scalable lake access and recreation. 280 Paradise Point (4 BR / 2 BA / 2-Car Garage / Remodeled 2022):
Known as Lakefront Paradise, this property offers approx. 250 ft of direct shoreline and a covered dock with swim platform already in place. Built in 1995 and fully rehabbed in 2022, this home operates as a successful short-term rental with documented occupancy and revenue performance. Gentle slope to the water and walk-out lower level create strong guest appeal. STR / Income Highlights:
• Two homes producing short-term rental income
• Third home suitable for owner use, long-term rental, or STR expansion
• Fiber internet available at all three residences
• Proximity to Norris Landing Marina and Jimmy's Place supports year-round rental demand Location Proximities:
Norris Landing Marina (0.1 mi) • Woodlake Golf Course (10 mi) • Walmart in Tazewell (12 mi) • Frostee Freeze (11 mi) • Veterans Overlook (22 mi) • Morristown (30 mi) • Knoxville (55 mi) This portfolio provides multiple income streams, owner-use flexibility, and the ability to expand short-term rental capacity with the permitted dock installation for 146 and 164. Ideal for investors seeking cash flow, asset appreciation, and scalable STR operations on Norris Lake.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2024
Lot Details
- 12.91 Acre Lot
- Lake Front
- Sloped Lot
- Wooded Lot
- Property is in good condition
Parking
- Driveway
Property Views
- Water
- Mountain
Home Design
- 2-Story Property
- Block Foundation
- Metal Roof
- Wood Siding
- HardiePlank Type
Interior Spaces
- 5,284 Sq Ft Home
- Open Floorplan
- Wired For Data
- Gas Log Fireplace
- Insulated Windows
- Window Treatments
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Recreation Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Laminate
- Luxury Vinyl Plank Tile
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Stubbed For A Bathroom
Outdoor Features
- Lake Privileges
- Deck
- Covered Patio or Porch
Schools
- Tazewell Elementary School
- Soldiers Memorial Middle School
- Claiborne High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating and Cooling System
- Well
- Septic Tank
- Fiber Optics Available
- Cable TV Available
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 126 050.02
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | For Sale | $2,500,000 | -- | $473 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
MLS Number: 9988144
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