$2,500,000

146 Paradise Point New Tazewell, TN 37825

Estimated payment $15,650/month

-- Bed
-- Bath
5,284 Sq Ft
$473 Price per Sq Ft

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.

Listing Agent

Amy Shrader

REMAX Real Estate Ten of Morristown License #324868 Listed on: 11/10/2025

REMAX Real Estate Ten of Morristown

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

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

0

Listing Details

  • 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 end of the road is 280.
  • Prop. Type: Multi Family
  • Year Built: 2024
  • Property Sub Type: Multi Family
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Ranch
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House, Multi Family
  • Location Tax Legal Info Parcel ID: 126 050.02
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 12.91
  • General Property Description Zoning2: None
  • General Property Description Elementary School3: Tazewell
  • General Property Description Middle School2: Soldiers Memorial
  • General Property Description High School3: Claiborne
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: IRR
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • General Property Description # Fireplaces: 1
  • Interior Features KitchenDining Combo: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • Flooring Luxury Vinyl: Yes
  • View Water2: Yes
  • Roof Metal3: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Other Rooms Recreation Room: Yes
  • TopographyLot Description Wooded: Yes
  • AC Wall Unit(s): Yes
  • General Property Description Total Units: 3
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • General Property Description Senior Community YN3: No
  • Utilities:Electricity Connected: Yes
  • Structure Type:House: Yes
  • Structure Type Multi Family: Yes
  • Utilities Fiber Available: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Full, Plumbed, Walk-Out Access
  • Flooring: Luxury Vinyl, Laminate
  • Interior Amenities: Granite Counters, Kitchen Island, Kitchen/Dining Combo, Open Floorplan, Wired for Data
  • Window Features: Insulated Windows, Window Treatments
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Electric Range: Yes
  • Full Basement: Yes
  • Basement:Basement Finished2: Yes
  • Interior Features:Wired for Data: Yes
  • Basement:Plumbed: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • View: Water, Mountain(s)
  • Waterfront Features: Lake Front, Lake Privileges
  • Exterior Features: See Remarks
  • Acres: 12.91
  • Topography: See Remarks, Wooded, Sloped
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Concrete, HardiPlank Type, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Side Porch
  • Exterior Finish Wood Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • Exterior Features:See Remarks23: Yes
  • PorchPatioDeck Porch: Yes
  • Exterior Finish HardiPlank Type: Yes
  • Window Features:Window Treatments: Yes
  • PorchPatioDeck Side Porch: Yes
  • PorchPatioDeck Patio: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Lake Privileges: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Central, Electric, Other, See Remarks
  • Sewer: Septic Tank
  • Utilities: Fiber Available, Cable Available, Electricity Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Wall Unit(s), See Remarks
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well, Other, See Remarks
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Heating:See Remarks10: Yes
  • Water Well: Yes
  • Heating:Other12: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Tazewell
  • High School: Claiborne
  • Middle Or Junior School: Soldiers Memorial

Lot Info

  • Zoning: None
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 562359.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 126 050.02

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Tennessee/Virginia Regional MLS

MLS Number: 9988144

Tennessee/Virginia Regional MLS