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430 Sugar Cove Way

Newport, TN 37821
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Bed 41

Bed

Bath 34

Bath

SqFt22,003

Sqft

Acres30

Acres(Lot)

Opportunities to acquire a fully operational waterfront resort with this combination of scale, infrastructure, cash flow, 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.

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Detail Ic Property Details

Property Type : Residential

Price : $9,450,000

AD Id : 87809336

MLS Id : RTC3264195

Beds : 41

Lot Size : 30 Acres

Living Area Size : 22,003

Year Built : 2019

Garage : 3

County : Cocke County

Subdivision: Polynesian Gardens

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Feature Features

  • Bedroom Information

    Total Bedroom: 41

    Bathroom Information

    Total Baths: 34 Full Baths: 28 Half Baths: 6
  • Heating & Cooling

    Water front: 1 WaterSource: Well

  • Building Information

    Year Built: 2019

  • Lot Information

    Lot Size Area: 30 Lot Acres: 30

    Property Information

    Property Type: Residential

  • Listing Price Information

    Original List Price:$9450000

  • Tax Information

    Annual Tax: $4300 Parcel Number: 037 00103 000

  • Parking Information

    Total Parking: 3

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Utility Information

    Sewer: Public Sewer Water Source: Well
  • Location Information

    Subdivision: Sugar Cove City: Newport Direction: 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.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
PAR. 28.09 Piney Mtn. Rd, Newport, TN, 37821 $90,000 -- -- --
656 Rock Hill Road, Newport, TN, 37821 $295,000 4 3 2,424 2,424 SqFt
103 Hidden Estates Way, Newport, TN, 37821 $319,900 3 2 2,072 2,072 SqFt
1070 Farm Road, Newport, TN, 37821 $309,000 3 2 2,156 2,156 SqFt
1512 Red Bud Dr, Newport, TN, 37821 $199,000 3 2 1,560 1,560 SqFt
858 Burnett Drive, Newport, TN, 37821 $325,000 3 2 1,359 1,359 SqFt
135 Blazer Street, Newport, TN, 37821 $194,900 3 2 1,334 1,334 SqFt
425 Cliffwood Drive, Newport, TN, 37821 $399,900 2 2 922 922 SqFt
425 Cliffwood Drive, Newport, TN, 37821 $399,900 2 2 922 922 SqFt
631 6th St St, Newport, TN, 37821 $239,000 3 1 1,396 1,396 SqFt
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ByOwner last updated this listing 07/16/2026 @ 18:20

MLS: REALTRAC #3264195 LISTED BY: John Scott, REMAX Preferred Pigeon Forge 865-401-0618 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)

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