Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9988144

Lot Acreage: 12.91000

Living Area: 0

Year Built:2024

Elementary School: Tazewell

Middle School: Soldiers Memorial

High School: Claiborne

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.

Listing Courtesy:REMAX Real Estate Ten of Morristown

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