430 Sugar Cove Way, Newport, TN 37821
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
430 Sugar Cove Way,Newport, TN 37821
$9,450,000
- 41 Beds
- 34 Baths
- 22,003 sq. ft.
- Single family
- Active
Listed by: john scott
Office: remax preferred pigeon forge
MLS#:3319735
Source:NASHVILLE
Price summary
- Price:$9,450,000
- Price per sq. ft.:$429.49
About this home
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....
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Home facts
- Year built:2019
- Subdivision & Development:Sugar Cove
- Listing ID #:3319735
- Added:9 day(s) ago
- Updated:August 13, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:41
- Total bathrooms:34
- Full bathrooms:28
- Half bathrooms:6
- Living area:22,003 sq. ft.
Structure and exterior
- Year built:2019
- Building area:22,003 sq. ft.
- Lot area:30 Acres
- Levels:3 Story
Utilities
- Water:Well
- Sewer:Public Sewer
Finances and disclosures
- Price:$9,450,000
- Price per sq. ft.:$429.49
- Tax amount:$4,301
Parking
- Total parking spaces:3
- Garage:Yes
- Garage spaces:3
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