Lake Home For Sale

Investment Portfolio on Norris Lake • 12.91 acres • 3 income-producing homes • Approx 1,180 ft shoreline
Outstanding opportunity to acquire a turn-key short-term rental portfolio on Norris Lake. Located along Paradise Point in New Tazewell, TN, this package includes three lake homes totaling 12.908 acres and approximately 1,180 ft of shoreline with two active * properties and one owner-occupied residence. Each home has fiber internet and its own driveway with excellent road access.

146 Paradise Point (Blue Haven) and 164 Paradise Point were built in 2024 and feature modern finishes, open floor plans, and lake views from every level. They share a private water system and a permitted 4-slip covered dock with swim platform for future expansion. These two homes sit on 7.88 acres with roughly 930 ft of combined shoreline.

280 Paradise Point (Lakefront Paradise) is a 1995 home fully rehabbed in 2022 with modern interior upgrades, new systems, and approx 250 ft of shoreline. This property includes a covered dock with swim platform and a 2-car garage on the main level. It is an established short-term rental with documented income performance.

Combined, these properties offer multiple income streams, owner flexibility, and high visibility near Norris Landing Marina and Jimmy’s Place. Proximity to Woodlake Golf Course (10 mi), Walmart in Tazewell (12 mi), Frostee Freeze (11 mi), Veterans Overlook (22 mi), Morristown (30 mi), and Knoxville (55 mi) supports tourism and rental demand.

Ideal for investors seeking an East Tennessee vacation portfolio, hospitality expansion, or corporate retreat center with development potential on Norris Lake.

Property Details

  • Beds: 10
  • Baths: 7.0
  • Sq Feet: 5200
  • Year Built: 1995
  • Location: Norris Lake
  • Acres: 12.900
  • Lot Dimensions: IRR
  • Waterfront: Yes
  • Lakeview: Yes
  • ViewTypes: Lake, Mountain
  • Has Dock? Yes
  • Dock Type: other
  • Dock Description: covered dock with swim platform
  • County: Claiborne County
  • Heat/AC: Central
  • Garage: attached
  • Siding: Wood Siding
  • Roof: Metal
  • Stories: 2
  • Fireplaces: yes
  • Property Taxes: $4,357
  • MLS #: 709569

Location

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Contact Information:

Contact Agent
Amy Shrader, Agent
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Ad Statistics:

Lake Home For Sale in New Tazewell, Tennessee
Ad Number : 6806379
Viewed: 6 times
Added: Nov 07, 2025
Updated on: Nov 07, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.