Multifamily (Multi Family)

146 Paradise Point, New Tazewell, TN 37825

Three Homes 12.908 Acres Norris Lake Approx. 1,180 ft Shoreline Income ProducingA 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 bu

Geographical

County: Claiborne

Subdivision:

Zoning: None

School System

Tazewell Elementary

Soldiers Memorial Middle

Claiborne High

Other Rooms: Laundry, Recreation Room, Primary Bedroom, Primary Bathroom  Rooms with Fireplaces: Gas Log, Living Room  Flooring: Laminate, Luxury Vinyl Basement & Foundation: Finished, Walk-Out Access, Plumbed, Full  Other Features: Granite Counters, Wired for Data, Open Floorplan, Kitchen Island, Kitchen/Dining Combo 

Porch, Patio, Decking Detail:  Covered, Side Porch, Porch, Patio, Deck Roof: Metal Exterior Finish: Concrete, Wood Siding, HardiPlank Type Other Exterior: See Remarks

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