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364 Jasmine Drive, 
Newport, TN 37821

$550,000

3

Beds

2

Baths

1,200

Sq Ft

Single Family

Active

Listed by

Peggy Sue Holt

Weichert, Realtors - Tiger Real Estate

865-940-1430

Last updated:

January 21, 2026, 03:42 PM

MLS#

1324323

Source:

TN KAAR

About This Home

364 Jasmine Drive

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'

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1950

Price Summary

550,000

$458 per Sq. Ft.

MLS #:

1324323

Last Updated:

January 21, 2026, 03:42 PM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,200 Sq. Ft.

Structure

Structure

Architectural Style:

Cottage, Traditional

Building Area:

1,200 Sq. Ft.

Year Built:

1950

Lot

Lot Size (Sq. Ft):

1,396,533

Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$458 per Sq. Ft.

Source:TN KAAR
The information being provided by East Tennessee REALTORS® 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. © 2026 East Tennessee REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.