Property Description

Listing Status

• More Listing Info

  AC:Central Air	true
  AC:See Remarks11	true
  AC:Wall Unit(s)	true
  Appliances:Dishwasher	true
  Appliances:Dryer	true
  Appliances:Electric Range	true
  Appliances:Microwave	true
  Appliances:Refrigerator	true
  Appliances:Washer	true
  Basement:Finished2	true
  Basement:Full	true
  Basement:Plumbed	true
  Basement:Walk-Out Access	true
  Contract Info:Foreclosure	No
  Easements:Flood Zone	true
  Expenses Include:Cable TV3	true
  Expenses Include:Electric2	true
  Expenses Include:Taxes Real Estate	true
  Expenses Include:Utilities2	true
  Exterior Features:See Remarks23	true
  Exterior Finish:Concrete	true
  Exterior Finish:HardiPlank Type	true
  Exterior Finish:Wood Siding	true
  Fireplace:Gas Log	true
  Fireplace:Living Room	true
  Flooring:Laminate	true
  Flooring:Luxury Vinyl	true
  Foundation:Block6	true
  General Property Description:# Fireplaces	1
  General Property Description:# of Units	3.0
  General Property Description:Acres	12.91
  General Property Description:Elementary School3	Tazewell
  General Property Description:High School3	Claiborne
  General Property Description:HOA YN	No
  General Property Description:Home Warranty2	No
  General Property Description:Lot Dimensions	IRR
  General Property Description:Middle School2	Soldiers Memorial
  General Property Description:Senior Community YN3	No
  General Property Description:Total Units	3
  General Property Description:Zoning2	None
  Heating:Central	true
  Heating:Electric	true
  Heating:Other12	true
  Heating:See Remarks10	true
  Info Available:Aerial	true
  Info Available:Plat	true
  Info Available:Topo Map	true
  Interior Features:Granite Counters	true
  Interior Features:Kitchen Island	true
  Interior Features:KitchenDining Combo	true
  Interior Features:Open Floorplan	true
  Interior Features:Wired for Data	true
  Laundry Features:Electric Dryer Hookup	true
  Laundry Features:Washer Hookup	true
  Levels:Two	true
  Location Tax Legal Info:City Taxes	0.0
  Location Tax Legal Info:County Taxes	4357.0
  Location Tax Legal Info:Deed Book #	1608
  Location Tax Legal Info:Deed Page #	454
  Other Rooms:Laundry	true
  Other Rooms:Primary Bathroom	true
  Other Rooms:Primary Bedroom	true
  Other Rooms:Recreation Room	true
  Parking Features:Driveway	true
  PorchPatioDeck:Covered	true
  PorchPatioDeck:Deck	true
  PorchPatioDeck:Patio	true
  PorchPatioDeck:Porch	true
  PorchPatioDeck:Side Porch	true
  Property Condition:Above Average	true
  Remarks Misc:Directions3	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.
  Remarks Misc:Public Remarks7	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.
  Roof:Metal3	true
  Sewer:Septic Tank	true
  Structure Type:House	true
  Structure Type:Multi Family	true
  Style:Ranch2	true
  TopographyLot Description:See Remarks	true
  TopographyLot Description:Sloped	true
  TopographyLot Description:Wooded	true
  Unit 1:# Bathrooms5	2.0
  Unit 1:# Bedrooms3	4
  Unit 1:# Half Baths	1.0
  Unit 1:# Rooms4	7
  Unit 1:# Units	1
  Unit 1:SqFt6	1904
  Unit 2:# Bathrooms4	2.0
  Unit 2:# Bedrooms4	2
  Unit 2:# Rooms3	5
  Unit 2:# Units2	1
  Unit 2:SqFt5	1280
  Unit 3:# Bathrooms3	2.0
  Unit 3:# Bedrooms5	4
  Unit 3:# Rooms2	9
  Unit 3:# Units3	1
  Unit 3:SqFt2	2100
  Utilities:Cable Available	true
  Utilities:Electricity Connected	true
  Utilities:Fiber Available	true
  View:Mountain(s)	true
  View:Water2	true
  Walls:Drywall	true
  Water:Other23	true
  Water:See Remarks12	true
  Water:Well	true
  Waterfront Features:Lake Front	true
  Waterfront Features:Lake Privileges	true
  Window Features:Insulated Windows	true
  Window Features:Window Treatments	true
  Videos:	(none)
  Virtual Tours:	(none)

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