430 Sugar Cove Way, Newport, Tennessee 37821

TN, Newport
$9,450,000
  • Active Status
  • 2 Dayz On Cribz Total Days
  • Residential Property Type
  • 41 Beds Total Bedrooms
  • 34 Baths Full + Half Bathrooms
  • 22003 Total Sqft $429/sqft
  • 30 Acres Lot/Land Size
  • 2019 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

Opportunities to acquire a fully operational waterfront resort with this combination of scale, infrastructure, and future development potential are exceptionally rare. Set on nearly 30 acres with almost 2,000 feet of Douglas Lake shoreline, this commercially zoned resort features 41 bedrooms, 34 bathrooms, and 22,000+ square feet of furnished accommodations across six luxury waterfront properties. With city sewer, internal roads, electric service, and development-ready areas already in place, the property is well-positioned for future growth. Combining immediate income with long-term upside, this offering represents one of East Tennessee’s most compelling resort investments.

At the heart of the resort stands a three-story timber frame lodge spanning nearly 6,000 square feet. This fully furnished cabin features 6 bedrooms, 6.5 bathrooms, and accommodates up to 16 guests. Outfitted with custom Amish furniture throughout, the lodge delivers the warm atmosphere guests seek when visiting the Smoky Mountains. Expansive gathering spaces and rich timber accents create the perfect setting for families, weddings, retreats, and special events. While serving as a premier luxury rental today, the lodge also offers flexibility as a future hospitality center, event venue, culinary hub, or operational headquarters.

Complementing the lodge are five waterfront villas, each offering 3,200+ square feet, 7 bedrooms, 5.5 bathrooms, and accommodations for up to 18 guests. These homes showcase soaring ceilings, custom cherry wood finishes, bamboo hardwood flooring, expansive kitchens with oversized islands, floor-to-ceiling stone fireplaces, and panoramic views of Douglas Lake from every level. Wraparound decks place guests directly above the water, immersed in the beauty of Douglas Lake.

Collectively, the resort can accommodate well over 100 guests, making it ideal for family reunions, weddings, corporate retreats, church groups, sports teams, and destination events.

Property Details
  • Property Type: Residential
  • Listing Type: For Sale
  • MLS #: 3319735
  • Price: $9,450,000
  • View: Lake,Mountain(s)
  • Half Bathrooms: 6
  • Full Bathrooms: 28
  • Square Footage: 22,003 Sqft
  • Year Built: 2019
  • Lot Area: 30 Acre
  • Waterfront: 1
  • Office Name: REMAX Preferred Pigeon Forge
  • Agent Name: John Scott
  • Listing Status: Active
Location Info
  • Street Number: 430
  • Street: Sugar Cove Way
  • City Newport
  • State TN
  • Zipcode 37821
  • County Cocke County, TN
  • Subdivision Sugar Cove
  • Longitude: W84° 43' 26''
  • Latitude: N35° 59' 59.1''
  • Directions: I-40 Exit 432A → US-25W N/US-70 E (2.7 mi) → L Old Newport Hwy (0.1 mi) → R Indian Creek Rd (0.1 mi) → L Huff Hollow Rd (0.2 mi) → L Deerwood Rd (1.0 mi) → R Sugar Cove Way (0.1 mi) → L to stay on Sugar Cove Way (0.2 mi) → L to stay on Sugar Cove Way → 430 Sugar Cove Way.
Features
  • Waterfront Features Lake Front
  • Fireplaces Total 7
  • Sewer Public Sewer
Additional Info
  • Water Source: Well
  • Building Size: 22,003 Sqft
  • Garage: 3 Spaces
  • Levels: Three Or More
  • On Market Date: August 3rd, 2026
  • Previous Price: $9,450,000
  • Stories: 3
Financial
  • Annual Tax Amount: $4,301
Listing Data
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Aug 3rd, 2026 @ 3:25pm
  • Status Change Timestamp: Aug 3rd, 2026 @ 3:16pm
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