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Waterfront Resort With Marina
For Sale
$9,450,000

430 Sugar Cove Way, Newport, TN 37821

Residential, Newport, TN

Property Size22,003 SF
Lot Size30.00 Acres
Price / SF$429.49
Days on Market47

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 12, Bedroom 23, Bedroom 18, Bathroom 19, Bathroom 26, Bathroom 12, Bathroom 28, Bedroom 17, Bedroom 34, Bathroom 13, Bedroom 22, Bathroom 8, Bathroom 10, Bathroom 23, Bathroom 14, Bedroom 40, Bathroom 18, Bathroom 29, Bedroom 21, Bathroom 30, Bedroom 1, Bedroom 39, Bathroom 32, Bedroom 15, Bathroom 6, Bedroom 30, Bedroom 36, Bathroom 1, Bedroom 25, Bathroom 4, Bathroom 17, Bathroom 24, Bathroom 2, Bedroom 27, Bedroom 41, Bedroom 6, Bedroom 3, Bedroom 9, Bathroom 3, Bedroom 7, Bedroom 13, Bathroom 9, Bathroom 21, Bedroom 14, Bathroom 34, Bedroom 16, Bedroom 31, Bedroom 10, Bedroom 24, Bathroom 27, Bathroom 31, Bathroom 16, Bedroom 11, Bedroom 38, Bedroom 2, Bedroom 33, Bedroom 5, Bedroom 32, Bathroom 5, Bathroom 20, Bedroom 20, Bathroom 22, Bedroom 29, Bedroom 4, Bedroom 8, Bathroom 15, Bathroom 7, Bedroom 35, Bathroom 25, Bedroom 37, Bedroom 26, Bedroom 19, Bathroom 33, Bedroom 28, Bathroom 11
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
dock

Building Details

Year built 2019
Floors in Building 3
Listing Agency: RE/MAX Preferred Properties Pigeon Forge
Listed By: John Scott
Added: Aug 3 Changed: Sep 17 Last Checked: Sep 18 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 includes six furnished properties totaling 41 bedrooms and 34 bathrooms. The centerpiece is a three-story timber-frame lodge with 6 bedrooms, 6.5 bathrooms, and nearly 6,000 square feet, complemented by five villas of more than 3,200 square feet each. The villas feature large kitchens, stone fireplaces, bamboo flooring, cherry wood finishes, and decks overlooking Douglas Lake.

Amenities include a saltwater infinity pool, hot tub, playground, picnic area, and a six-slip marina serving existing rentals. A 16-slip dock permit is on file. The property also has city sewer, a centralized well system, internal roads, electric service, and prepared areas for potential expansion, subject to approvals and buyer verification. Interstate 40 is minutes away, with access to Dandridge, Sevierville, Pigeon Forge, Gatlinburg, and Great Smoky Mountains National Park.

Key Highlights

  • Nearly 30 acres with almost 2,000 feet of Douglas Lake shoreline
  • Six furnished waterfront properties with 41 bedrooms and 34 bathrooms
  • Three‑story lodge includes 6 bedrooms, 6.5 bathrooms, and nearly 6,000 square feet

Property Analytics

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Current Use

Smoky Mountain Villas ... Hotel & Motel

Suggested Use

Top Pick Furniture & Home Goods Big Box & Wholesale Store Real Estate Agency Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Resort - Commercially zoned lakefront resort with furnished accommodations, event-oriented common areas, and established utility infrastructure.
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 feet of Douglas Lake shoreline; Six furnished waterfront properties with 41 bedrooms and 34 bathrooms; Three‑story lodge includes 6 bedrooms, 6.5 bathrooms, and nearly 6,000 square feet
More about this property
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