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3 Homes on Norris Lake

280 Paradise Point : New Tazewell, TN 37825

Claiborne County, Tennessee

Shown by Appointment Only

12.90 Acres
$2,500,000 USD
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Land Description

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 Airbnb 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.

Land Maps & Attachments

Directions to Land

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.

Home Details

10 Bedrooms
7 Bathrooms
Built in 1995
2 Stories
5,200 Sq Ft

More Land Details

Has Residence / Home
Gently Rolling Terrain
Paved Road Access
Electricity Service
Cable TV Service
Well Water
Septic
Estimated Annual Taxes
$4,357
Assessor Parcel Number (APN)
126 050.00
Seller's Land ID
709569
LANDFLIP ID
409448
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