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    146 Paradise Pt New Tazewell, TN 37825

    For Sale
    $2,500,000

    MULTI_FAMILY - Ranch - New Tazewell, TN

    Type:Single Family Residence
    Property size:
    5,284 SF
    Lot size:
    12.91 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 146 Paradise Pt

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Window features
    Insulated Windows, Window Treatments
    Rooms
    Bathroom 1, Bathroom 6, Bathroom 7, Bedroom 8, Dining Room, Basement, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 7, Bathroom 5, Bedroom 1, Bedroom 10, Bedroom 2, Bedroom 4, Bedroom 9, Bedroom 6
    Bedrooms
    10
    APN
    126 050.02
    Parking features
    Driveway
    Patio and Porch features
    Porch, Deck, Patio
    Interior features
    Granite Counters, Kitchen Island, Kitchen/Dining Combo, Open Floorplan, Wired for Data
    Fireplace
    1
    Basement
    Full, Walk-Out Access, Finished
    Appliances
    Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
    Size
    5,284 SF
    Lot size
    12.91 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Wall Unit(s)
    Water source
    Well
    Water front features
    Lake, Lake Front
    Water front
    1

    Building Details

    Year built
    2024
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Laminate, Vinyl
    Building materials
    Concrete, HardiPlank Type, Wood Siding
    Roof type
    Metal
    Architectural style
    Ranch

    REMAX REAL ESTATE TEN OF MORRISTOWN (423) 289-0030

    Listing agent Amy Shrader (423) 581-8881 License #324868

    Listing date Nov 12, 2025

    MLS# 9988144 Listing URL

    Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Norris Lake Investment Opportunity

    This lakefront investment opportunity on Norris Lake includes three homes across 12.908 acres with approximately 1,180 ft of shoreline, lake views, lake access, private driveways, walking trails, a private boat launch, and fiber internet. Two of the homes currently operate as established short-term rentals, and the third serves as an owner residence with room to expand. The layout and land positioning create privacy, flexibility, and the ability to scale income with 2 additional build sites. One property, known as Blue Haven, is situated on 2.76 acres and features a modern open layout, finished lower level, wide lake-facing decks. An approved additional build site allows for a 1-bedroom guest structure or RV placement. Another property is located on 5.12 acres and is currently owner-occupied, designed to function as a residence, long-term rental, or STR conversion, offering versatility. A 4-slip uncovered dock with swim platform has been permitted for shared use (not yet constructed). A second lakefront build site at this address has been soil tested for an additional 3-bedroom home. The third property sits on 5.028 acres with approximately 250 ft of private shoreline and a covered dock with swim platform already in place. Fully remodeled in 2022, it is a successful short-term rental. The property is located near Norris Landing Marina, Woodlake Golf Course, and other points of interest.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Accounting Firm Bar & Pub Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Tazewell
    County
    Claiborne
    State
    Tennessee
    Longitude
    -83.597326
    Latitude
    36.370557

    Nearby Similar for Sale

    • $289,900
      3,852 SF

      Main Street Storefront Opportunity

      Versatile storefront property in the heart of New Tazewell, TN.
      204 Main St, New Tazewell, TN 37825
      View Details

    FAQs

    What type of property is this?
    Single family property - Three homes on 12.9 acres with lake access.
    Where is this single family property located?
    The property is located at 146 Paradise Pt New Tazewell, TN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Rare lakefront investment opportunity on Norris Lake with three homes, approximately 1,180 ft of shoreline, and 12.908 acres.; - Income-producing potential with two established short-term rentals and one adaptable residence.; - Scalable income potential with two additional build sites approved for expansion.
    (423) 581-8881
    Request Owner's contact information
    146 Paradise Pt New Tazewell, TN 37825
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    146 Paradise Pt New Tazewell, TN 37825
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