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Steve Manley

steverealtorman@gmail.com +1(931) 215-8987

Listed by John Scott • REMAX Preferred Pigeon Forge

$ 9,450,000

Est. payment -/mo

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Active

430 Sugar Cove Way Newport, TN 37821

41 Beds

34 Baths

22,003 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 22,003 sqft

Price per Sqft $429

Subdivision Sugar Cove

MLS Listing ID 3610577

Bedrooms 41

Full Baths 34

HOA Y/N false

Year Built 2019

Annual Tax Amount $4,301

Lot Size 5.690 Acres

Property Sub-Type Single Family Residence

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.

Location

State TN

County Cocke County

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Bamboo, Wood, Luxury Vinyl, Tile

Fireplace N

Appliance Built-In Electric Oven, Built-In Gas Oven, Built-In Electric Range, Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer

Exterior

Garage Spaces 3.0

View Y/N false

Private Pool false

Building

Story 3

Sewer Public Sewer

Water Well

Structure Type Frame,Log,Other,Stone

New Construction false

Schools

Elementary Schools Edgemont Elementary

Middle Schools Edgemont Elementary

High Schools Cocke Co High School

Steve Manley

+1(931) 215-8987

Steve Manley

430 Sugar Cove Way Newport, TN 37821

Key Details

Location

Interior

Exterior

Building

Schools

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430 Sugar Cove Way