How Does Saved Listings Work?

To save a listing to your list of favorites, click into the listing you're interested in and simply click the "Save Listing" button from the listing details page.

You have now saved your listing!

To view your saved listings, click on the top " Saved Listings" link at the top of the screen near the menu. Save as many as you want and catalog them with this easy-to-use feature!

This feature works by storing an HTTP cookie on your machine to store and retrieve your list of favorites. To clear all favorite listings, simply clear out your browser's cookies (under the browser's settings).

146 Paradise Point, New Tazewell, TN 37825 - $2,500,000

« Back | Home

Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9988144
Living Area: 0 Lot Acreage: 13 Year Built: 2024
Elementary School: Tazewell Middle School: Soldiers Memorial High School: Claiborne
Property Description
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 Status
Active
  • More Listing Info
    AC:Central Airtrue
    AC:See Remarks11true
    AC:Wall Unit(s)true
    Appliances:Dishwashertrue
    Appliances:Dryertrue
    Appliances:Electric Rangetrue
    Appliances:Microwavetrue
    Appliances:Refrigeratortrue
    Appliances:Washertrue
    Basement:Finished2true
    Basement:Fulltrue
    Basement:Plumbedtrue
    Basement:Walk-Out Accesstrue
    Contract Info:ForeclosureNo
    Easements:Flood Zonetrue
    Expenses Include:Cable TV3true
    Expenses Include:Electric2true
    Expenses Include:Taxes Real Estatetrue
    Expenses Include:Utilities2true
    Exterior Features:See Remarks23true
    Exterior Finish:Concretetrue
    Exterior Finish:HardiPlank Typetrue
    Exterior Finish:Wood Sidingtrue
    Fireplace:Gas Logtrue
    Fireplace:Living Roomtrue
    Flooring:Laminatetrue
    Flooring:Luxury Vinyltrue
    Foundation:Block6true
    General Property Description:# Fireplaces1
    General Property Description:# of Units3.0
    General Property Description:Acres12.91
    General Property Description:Elementary School3Tazewell
    General Property Description:High School3Claiborne
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot DimensionsIRR
    General Property Description:Middle School2Soldiers Memorial
    General Property Description:Senior Community YN3No
    General Property Description:Total Units3
    General Property Description:Zoning2None
    Heating:Centraltrue
    Heating:Electrictrue
    Heating:Other12true
    Heating:See Remarks10true
    Info Available:Aerialtrue
    Info Available:Plattrue
    Info Available:Topo Maptrue
    Interior Features:Granite Counterstrue
    Interior Features:Kitchen Islandtrue
    Interior Features:KitchenDining Combotrue
    Interior Features:Open Floorplantrue
    Interior Features:Wired for Datatrue
    Laundry Features:Electric Dryer Hookuptrue
    Laundry Features:Washer Hookuptrue
    Levels:Twotrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes4357.0
    Location Tax Legal Info:Deed Book #1608
    Location Tax Legal Info:Deed Page #454
    Other Rooms:Laundrytrue
    Other Rooms:Primary Bathroomtrue
    Other Rooms:Primary Bedroomtrue
    Other Rooms:Recreation Roomtrue
    Parking Features:Drivewaytrue
    PorchPatioDeck:Coveredtrue
    PorchPatioDeck:Decktrue
    PorchPatioDeck:Patiotrue
    PorchPatioDeck:Porchtrue
    PorchPatioDeck:Side Porchtrue
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3Hwy 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.
    Remarks Misc:Public Remarks7Three 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.
    Roof:Metal3true
    Sewer:Septic Tanktrue
    Structure Type:Housetrue
    Structure Type:Multi Familytrue
    Style:Ranch2true
    TopographyLot Description:See Remarkstrue
    TopographyLot Description:Slopedtrue
    TopographyLot Description:Woodedtrue
    Unit 1:# Bathrooms52.0
    Unit 1:# Bedrooms34
    Unit 1:# Half Baths1.0
    Unit 1:# Rooms47
    Unit 1:# Units1
    Unit 1:SqFt61904
    Unit 2:# Bathrooms42.0
    Unit 2:# Bedrooms42
    Unit 2:# Rooms35
    Unit 2:# Units21
    Unit 2:SqFt51280
    Unit 3:# Bathrooms32.0
    Unit 3:# Bedrooms54
    Unit 3:# Rooms29
    Unit 3:# Units31
    Unit 3:SqFt22100
    Utilities:Cable Availabletrue
    Utilities:Electricity Connectedtrue
    Utilities:Fiber Availabletrue
    View:Mountain(s)true
    View:Water2true
    Walls:Drywalltrue
    Water:Other23true
    Water:See Remarks12true
    Water:Welltrue
    Waterfront Features:Lake Fronttrue
    Waterfront Features:Lake Privilegestrue
    Window Features:Insulated Windowstrue
    Window Features:Window Treatmentstrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
REMAX Real Estate Ten of Morristown
Mortgage Calculator

Estimate your monthly payments!

Loan Amount
Interest Rate (%)
Loan Period (Years)

Share This Listing

Want to see this property?

Fill out the form below!