280 Paradise Point, New Tazewell, TN 37825 (MLS# 1321416)

280 Paradise Point, New Tazewell, TN 37825

$2,150,000

Virtual Tour

https://bit.ly/146ParadiseTour

Property Type: Multi-Family Square Footage: 6,392 Lot Size (sq. ft.): 561,486 Status: Active

Current Price: $2,150,000 List Date: 11/10/2025 Last Modified: 3/17/2026

Overview

Description

Three Homes • 12.908 Acres • Norris Lake • Approx. 1,180 ft Shoreline • Income Producing A lakefront investment opportunity of this scale is exceptionally rare on Norris Lake. This offering 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. 146 Paradise Point (4 BR / 2.5 BA / Built 2024) Known as Blue Haven, this 2.76-acre property features a modern open layout, finished lower level, wide lake-facing decks, and strong short-term rental performance. 146 and 164 share a private water system and private boat launch. An approved additional build site allows for a 1-bedroom guest structure or RV placement. 164 Paradise Point (2 BR / 2 BA / Built 2024) Located on 5.12 acres, this property is currently owner-occupied. Designed to function as a residence, long-term rental, or STR conversion, it offers versatility. A 4-slip uncovered dock with swim platform has been permitted for shared use between 146 and 164 (not yet constructed). A second lakefront build site at this address has been soil tested for an additional 3-bedroom home. 280 Paradise Point (4 BR / 2 BA / 2-Car Garage / Remodeled 2022) Lakefront Paradise sits on 5.028 acres with approx. 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 with documented income history. Gentle slope to the water and walk-out lower level create highly desirable guest appeal. Why This Portfolio Works for Income • Two active STRs + one adaptable residence • Fiber internet across all three homes (remote work + STR stability) • Dock rights secured now and scalable • Additional build sites = growth potential • Proximity to Norris Landing Marina & Jimmy’s Place supports seasonal and year-round bookings Nearby Points of Interest Norris Landing Marina (0.1 mi) • Woodlake Golf Course (10 mi) • Walmart (12 mi) • Frostee Freeze (11 mi) • Veterans Overlook (22 mi) • Morristown (30 mi) • Knoxville (55 mi) A portfolio like this is not easily replicated—rare shoreline, permitted expansion, STR performance, and multiple dwellings already in place. Designed for lifestyle + income, with room to grow.

Listing Details MLS# 1321416

Location Tax Legal Info

House #: 280
Street Name: Paradise
St Suffix: Point
State/Province: TN
Zip Code: 37825
PIN #: 126 050.00

Contract Info

Auction Y/N: No
Listing Price: 2150000

General Property Description

SqFt – Total (Aprox): 6392
Total Unfinished SqFt: 1098
Lot Dimensions: IRR
Lot Size SqFt: 561486
Number of Units: 3
# Units Leased: 2
Utilities/Mo Avg: 805
Year Built: 2024
Property Status: N/A
Restrictions: No
Driveway: Gravel
Lease Information: STR

Status Change Info

Status Change Date: 2025-11-10

Location, Tax & Legal Info

Area: Claiborne County – 44
City/County Code: County
Total Tax: 4357

Remarks & Misc

Directions: Hwy 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.
Public Remarks: Three Homes • 12.908 Acres • Norris Lake • Approx. 1,180 ft Shoreline • Income Producing A lakefront investment opportunity of this scale is exceptionally rare on Norris Lake. This offering 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. 146 Paradise Point (4 BR / 2.5 BA / Built 2024) Known as Blue Haven, this 2.76-acre property features a modern open layout, finished lower level, wide lake-facing decks, and strong short-term rental performance. 146 and 164 share a private water system and private boat launch. An approved additional build site allows for a 1-bedroom guest structure or RV placement. 164 Paradise Point (2 BR / 2 BA / Built 2024) Located on 5.12 acres, this property is currently owner-occupied. Designed to function as a residence, long-term rental, or STR conversion, it offers versatility. A 4-slip uncovered dock with swim platform has been permitted for shared use between 146 and 164 (not yet constructed). A second lakefront build site at this address has been soil tested for an additional 3-bedroom home. 280 Paradise Point (4 BR / 2 BA / 2-Car Garage / Remodeled 2022) Lakefront Paradise sits on 5.028 acres with approx. 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 with documented income history. Gentle slope to the water and walk-out lower level create highly desirable guest appeal. Why This Portfolio Works for Income • Two active STRs + one adaptable residence • Fiber internet across all three homes (remote work + STR stability) • Dock rights secured now and scalable • Additional build sites = growth potential • Proximity to Norris Landing Marina & Jimmy's Place supports seasonal and year-round bookings Nearby Points of Interest Norris Landing Marina (0.1 mi) • Woodlake Golf Course (10 mi) • Walmart (12 mi) • Frostee Freeze (11 mi) • Veterans Overlook (22 mi) • Morristown (30 mi) • Knoxville (55 mi) A portfolio like this is not easily replicated—rare shoreline, permitted expansion, STR performance, and multiple dwellings already in place. Designed for lifestyle + income, with room to grow.

More Information

Property Sub-Type

Other: Yes

Construction

Block: Yes

Type of Units

2 Bedroom Unit: Yes
3 or more Bdrm Units: Yes
Furnished: Yes
Other: Yes

Siding

Fiber Cement: Yes
Other: Yes

Sale Includes

All Furnishings: Yes
Building and Land: Yes

Miscellaneous

Patio: Yes
Porch: Yes
Washer/Dryer Cnctns: Yes

Cooling

Central Cooling: Yes
Wall Cooling: Yes
Other: Yes

Floors

Laminate: Yes
Luxury Vinyl Plank: Yes

Garage/Parking

Off-Street Parking: Yes

Tenant Expenses

Tenant Pays No Util: Yes

Owner Expenses

Advertising: Yes
Electricity: Yes
Exterior Maintenance: Yes
HVAC Maintenance: Yes
Insurance: Yes
Lawn Maintenance: Yes
Roof Maintenance: Yes
Supplies: Yes
Taxes: Yes

Fuel

Electric: Yes
Propane: Yes

Heat

Central: Yes
Other: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Smoke Detector: Yes
Washer: Yes

Other Rooms

Bedroom Main Level: Yes
Mstr Bdrm Main Level: Yes
Rec Room: Yes
Split Bedroom: Yes

Roof

Metal: Yes

Exterior Features

Deck: Yes
Dock: Yes
Patio: Yes
Porch – Covered: Yes
Windows – Vinyl: Yes

Misc Features

Internet Available: Yes
Kitchen Island: Yes
Pantry: Yes
Washer/Dryer Connect: Yes
Wired for Internet: Yes

New Financing

Cash: Yes
New Loan: Yes

Showing

See Agent Instructns: Yes

Property Features

Property Sub-Type: Other Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units; Furnished; Other Sale Includes: All Furnishings; Building and Land Floors: Laminate; Luxury Vinyl Plank Tenant Expenses: Tenant Pays No Util Owner Expenses: Advertising; Electricity; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Supplies; Taxes Fuel: Electric; Propane Heat: Central; Other Cooling: Central Cooling; Wall Cooling; Other Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Smoke Detector; Washer Construction: Block Roof: Metal Siding: Fiber Cement; Other Exterior Features: Deck; Dock; Patio; Porch – Covered; Windows – Vinyl Misc Features: Internet Available; Kitchen Island; Pantry; Washer/Dryer Connect; Wired for Internet Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level; Rec Room; Split Bedroom Miscellaneous: Patio; Porch; Washer/Dryer Cnctns New Financing: Cash; New Loan Showing: See Agent Instructns

Listing Office: ReMax Real Estate Ten

IDX

Office Phone: 423-581-8881

Last Updated: March – 17 – 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.