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146 Paradise Point, 
New Tazewell, TN 37825

$2,500,000


Bed


Bath


5,284

Sq Ft


Multi-Family

Active

Listed by

Amy Shrader

Remax Real Estate Ten Of Morristown

423-581-8881

Last updated:

November 10, 2025, 09:52 PM

MLS#

9988144

Source:

TNVA MLS

About This Home

146 Paradise Point

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.

Home Facts

Multi-Family

Built in 2024

Price Summary

2,500,000

$473 per Sq. Ft.

MLS #:

9988144

Last Updated:

November 10, 2025, 09:52 PM

Added:

a day ago


Structure

Structure

Architectural Style:

Ranch

Building Area:

5,284 Sq. Ft.

Year Built:

2024


Lot

Lot Size (Sq. Ft):

562,359


Finances & Disclosures

Finances

Price:

$2,500,000

Price per Sq. Ft:

$473 per Sq. Ft.

Source:TNVA MLS
The information being provided by Tennessee Virginia Regional Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Tennessee Virginia Regional Mls All rights reserved.

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