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430 Sugar Cove Way, Newport, TN 37821 (MLS# 1361085)

430 Sugar Cove Way, Newport, TN 37821

New Listing

$9,450,000

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Property Type: Single Family Bedrooms: 41 Square Footage: 22,003 Lot Size (sq. ft.): 1,306,800 Status: Active

Current Price: $9,450,000 List Date: 11/04/2026 Last Modified: 11/04/2026

Overview

Description

PROJECTED $1,800,000 ANNUAL INCOME. $6,500,000 ANNUAL WITH FUTURE BUILD OUT. City sewer and XL community well system in place + infrastructure. Current contractor willing to continue builds and a reliable PM company ready to start. *HUGE COST SEG POTENTIAL* This is turnkey ready. 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. There is a 6 boat dock and a 16 boat slip permit on file. 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 … (Read more)

Listing Details MLS# 1361085

Location Tax Legal Info

House #: 430
Street Name: Sugar Cove
St Suffix: Way
State/Province: TN
Zip Code: 37821
PIN #: 037 00103 000
Subdivision: Sugar Cove

Contract Info

Auction Y/N: No
Listing Price: 9450000

General Property Description

Type: 3 Story
Acres: 30
Acre Source: Owner
Site Built: Yes
Restrictions: Yes
SqFt – Total (Aprox): 22003
# Bedrooms: 41
Baths – Full: 31
Baths – 1/2: 2
Fireplace: Yes
# Fireplace: 7
Property Status: N/A
HOA: No
Year Built: 2002
Bonus Room: Yes

Status Change Info

Status Change Date: 2026-11-04

More Information

Property Features

Style: Cabin; Other Construction: Log; Other Basement: Finished; Walkout Lot Description: Current Dock Permit on File; Lake/Water Access; Private; Waterfront View: Lake View; Lakefront; Mountain View Fireplace: Gas Log Floors: Hardwood; Tile Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Other Sewer: Public Sewer Water: Well Misc Features: Cathedral Ceiling(s); Kitchen Island; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wet Bar Exterior Features: Balcony; Pool – Swim (Ingrnd) Showing: See Agent Instructns New Financing: Cash; Conventional; Exchange; Other

IDX

Listing Office: Remax Preferred Pigeon Forge

Last Updated: November – 04 – 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.