Waterfront Resort with
430 Sugar Cove Way Newport, TN 37821
For Sale
$9,450,000
MULTI_FAMILY - Newport, TN
Property Size22,003 SF
Lot Size30.00 Acres
Price / SF$429.49
Days on Market59
Property Features for 430 Sugar Cove Way
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Bedrooms
41
Bathrooms
31
Rooms
Bedroom 2, Bathroom 31, Bedroom 8, Bathroom 21, Bedroom 32, Bedroom 40, Bathroom 3, Bathroom 17, Bathroom 19, Bedroom 24, Bedroom 26, Bathroom 20, Bedroom 38, Bedroom 6, Bedroom 27, Bedroom 34, Bedroom 33, Bedroom 37, Bedroom 41, Bathroom 5, Bathroom 14, Bathroom 9, Bathroom 18, Bathroom 23, Bedroom 30, Bathroom 12, Bedroom 14, Bathroom 34, Bedroom 17, Bedroom 11, Bedroom 12, Bathroom 10, Bathroom 6, Bedroom 7, Bedroom 3, Bedroom 20, Bedroom 25, Bedroom 15, Bedroom 28, Bathroom 11, Bedroom 23, Bedroom 39, Bathroom 4, Bathroom 26, Bedroom 9, Bedroom 29, Bathroom 15, Bathroom 29, Bathroom 22, Bathroom 1, Bathroom 32, Bedroom 4, Bedroom 5, Bathroom 28, Bathroom 24, Bedroom 21, Bedroom 35, Bathroom 16, Bathroom 27, Bathroom 25, Bedroom 13, Bedroom 10, Bathroom 7, Bathroom 8, Bathroom 13, Bedroom 31, Bedroom 36, Bedroom 18, Bedroom 22, Bathroom 2, Bathroom 30, Bathroom 33, Bedroom 19, Bedroom 1, Bedroom 16
Fireplace
1
Standard status
Active
APN
037 001.03
Size
22,003 SF
Lot size
30.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4300
Utilities
Sewer type
Public Sewer
Water source
Well
Water front features
Lake Front
Water front
1
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: Jun 1
Changed: Jul 12
Last Checked: Jul 29 at 6:06AM
MLS# 312184
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 fully operational waterfront resort sits on nearly 30 acres with almost 2,000 feet of Douglas Lake shoreline. The property includes a three-story timber frame lodge spanning nearly 6,000 square feet, furnished and designed to accommodate up to 16 guests, plus five waterfront villas totaling 22,000+ square feet of furnished accommodations. In total, the resort offers 41 bedrooms and 34 bathrooms across six waterfront properties, providing lodging that supports large stays and multi-day group programs.
At the shoreline, guests have access to a saltwater infinity pool, hot tub, community picnic area, and a playground. A six-slip marina supports the existing rentals, and a 16-slip dock permit is also on file for flexibility with future waterfront enhancements. Site and utility infrastructure is in place, including city sewer, electric service, internal roadways, and development-ready areas, along with a centralized well system.
From an operator or buyer standpoint, the property is configured for destination hospitality and group use, with accommodations that can support well over 100 guests for family reunions, weddings, retreats, and destination events. The lodge is suited to multiple hospitality roles, and the lakeside “Fish Shack” and dock present an additional opportunity for a future waterfront food-and-beverage concept or marina-related gathering space, subject to buyer verification and required approvals. The resort is conveniently located just minutes from Interstate 40, with access to Dandridge, Sevierville, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park.
At the shoreline, guests have access to a saltwater infinity pool, hot tub, community picnic area, and a playground. A six-slip marina supports the existing rentals, and a 16-slip dock permit is also on file for flexibility with future waterfront enhancements. Site and utility infrastructure is in place, including city sewer, electric service, internal roadways, and development-ready areas, along with a centralized well system.
From an operator or buyer standpoint, the property is configured for destination hospitality and group use, with accommodations that can support well over 100 guests for family reunions, weddings, retreats, and destination events. The lodge is suited to multiple hospitality roles, and the lakeside “Fish Shack” and dock present an additional opportunity for a future waterfront food-and-beverage concept or marina-related gathering space, subject to buyer verification and required approvals. The resort is conveniently located just minutes from Interstate 40, with access to Dandridge, Sevierville, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park.
Key Highlights
- Nearly 30 acres with almost 2,000 ft of Douglas Lake shoreline and lake‑front resort improvements with city sewer and internal roads.
- Six furnished waterfront properties totaling 41 bedrooms, 34 bathrooms, and 22,000+ SF of accommodations.
- Three‑story timber frame lodge (nearly 6,000 SF): 6 bedrooms, 6.5 bathrooms, and space for up to 16 guests; includes a fireplace.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Resort - Fully operational Douglas Lake resort with furnished lodging, resort amenities, and marina docking for large group stays.
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: Nearly 30 acres with almost 2,000 ft of Douglas Lake shoreline and lake‑front resort improvements with city sewer and internal roads.; Six furnished waterfront properties totaling 41 bedrooms, 34 bathrooms, and 22,000+ SF of accommodations.; Three‑story timber frame lodge (nearly 6,000 SF): 6 bedrooms, 6.5 bathrooms, and space for up to 16 guests; includes a fireplace.
