Waterfront Resort
New
For Sale
$9,450,000
430 Sugar Cove Way, Newport, TN 37821
MULTI_FAMILY - Newport, TN
Property Size22,003 SF
Lot Size30.00 Acres
Price / SF$429.49
Days on Market2
Property Features for 430 Sugar Cove Way
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Bedrooms
41
Bathrooms
31
Full bathrooms
28
Half bathrooms
6
Rooms
Bedroom 30, Bathroom 16, Bathroom 6, Bathroom 19, Bedroom 22, Bedroom 16, Bedroom 27, Bedroom 26, Bathroom 2, Bathroom 4, Bathroom 11, Bedroom 2, Bedroom 4, Bedroom 28, Bedroom 13, Bedroom 32, Bedroom 8, Bedroom 31, Bathroom 1, Bathroom 9, Bedroom 38, Bathroom 13, Bedroom 36, Bathroom 24, Bedroom 40, Bedroom 6, Bedroom 15, Bathroom 12, Bedroom 33, Bathroom 28, Bathroom 32, Bedroom 41, Bathroom 14, Bathroom 21, Bedroom 1, Bedroom 39, Bathroom 30, Bathroom 5, Bedroom 11, Bathroom 22, Bathroom 3, Bathroom 26, Bathroom 31, Bedroom 12, Bedroom 7, Bedroom 35, Bedroom 37, Bathroom 27, Bathroom 18, Bedroom 24, Bathroom 15, Bathroom 34, Bedroom 9, Bathroom 25, Bedroom 23, Bathroom 17, Bedroom 19, Bedroom 3, Bedroom 34, Bathroom 29, Bathroom 20, Bedroom 10, Bedroom 20, Bedroom 25, Bedroom 14, Bathroom 7, Bathroom 23, Bedroom 5, Bedroom 18, Bedroom 21, Bathroom 8, Bedroom 29, Bathroom 33, Bedroom 17, Bathroom 10
Fireplace
1
Subdivision
Sugar Cove
View
Lake
Directions
I-40 Exit 432A US-25W N/US-70 E (2.7 mi) L Old Newport Hwy (0.1 mi) R Indian Creek Rd (0.1 mi) L Huff Hollow Rd (0.2 mi) L Deerwood Rd (1.0 mi) R Sugar Cove Way (0.1 mi) L to stay on Sugar Cove Way (0.2 mi) L to stay on Sugar Cove Way 430 Sugar Cove Way.
Standard status
Active
APN
037 00103 000
Size
22,003 SF
Lot size
30.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4301
Utilities
Sewer type
Public Sewer
Water source
Well
Water front features
Lake Front
Water front
1
Amenities
saltwater infinity pool
hot tub
community picnic area
playground
six-slip marina
fish shack
Building Details
Year built
2019
Floors in Building
3
Listing Agency:
RE/MAX Preferred Properties Pigeon Forge
(865) 401-0618
Listed By:
John Scott
(865) 654-1163
Added: Aug 3
Last Checked: Aug 4 at 5:06PM
MLS# 313084
Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercially zoned waterfront resort spans 30 acres and includes 22,003 square feet of furnished accommodations across six properties. The improvements provide 41 bedrooms and 34 bathrooms, led by a three-story timber-frame lodge with nearly 6,000 square feet, six bedrooms, 6.5 bathrooms, and capacity for up to 16 guests. Five waterfront villas each exceed 3,200 square feet and include seven bedrooms, 5.5 bathrooms, and accommodations for up to 18 guests. Property amenities include a saltwater infinity pool, hot tub, picnic area, playground, fireplaces, expansive decks, and lake views.
The resort includes almost 2,000 feet of Douglas Lake shoreline and a six-slip marina with dedicated rental slips. A 16-slip dock permit is on file. City sewer, a centralized well system, internal roads, electric service, and prepared development areas are already in place. Built in 2019, the property is located minutes from Interstate 40 and within reach of Dandridge, Sevierville, Pigeon Forge, Gatlinburg, and Great Smoky Mountains National Park.
The resort includes almost 2,000 feet of Douglas Lake shoreline and a six-slip marina with dedicated rental slips. A 16-slip dock permit is on file. City sewer, a centralized well system, internal roads, electric service, and prepared development areas are already in place. Built in 2019, the property is located minutes from Interstate 40 and within reach of Dandridge, Sevierville, Pigeon Forge, Gatlinburg, and Great Smoky Mountains National Park.
Key Highlights
- 30‑acre commercially zoned waterfront resort
- 22,003 square feet across six furnished properties
- 41 bedrooms and 34 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 37821, TN
22,928
Population
10,897
Households
2.1
Avg Household Size
44
Median Age
9%
College-Educated
84%
High-School Grad
129.8 sq mi
ZIP Area
177
Density / Sq Mi
$45,350
Median Household Income
$34,307
Median Earnings
$789
Median Rent
$127,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Commercially zoned lakefront resort with furnished accommodations, guest amenities, and on-site marina facilities.
Where is this resort located?
The property is located at 430 Sugar Cove Way Newport, TN.
What is the asking price?
The asking price for this property is $9,450,000.
What are key features of this property?
This property features: 30‑acre commercially zoned waterfront resort; 22,003 square feet across six furnished properties; 41 bedrooms and 34 bathrooms
