About 430 Sugar Cove Way, Newport, Tennessee, 37821
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.
Water Source : Well
Sewer Source : Public Sewer
Garage On Property.
3 Total Parking
3 Garage Spaces
3 Covered Spaces
Lot Size Source : Assessor
Fireplace in Property:
Fireplaces Total : 7
Levels : Three Or More
Documents Count : 2
Water Source : Well
Sewer Source : Public Sewer
Garage On Property.
3 Total Parking
3 Garage Spaces
3 Covered Spaces
Lot Size Source : Assessor
Fireplace in Property:
Fireplaces Total : 7
Levels : Three Or More
Documents Count : 2

Street Address: 430 Sugar Cove Way
City: Newport
State: Tennessee
Postal Code: 37821
County: Cocke
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.

Property Information :
Listing Status: Active
Size: 22,003 Sqft
Lot Size: 30.00 Acres
MLS #: 3264195
Bedrooms: 41 bd
Bathrooms: 31 ba
Price: $9,450,000
Tax Amount: 4300
Construction Status: Built in 2019
Last Modified : Jul 17 2026 2:13AM
Amenities :
View
Fireplace

Courtesy of: John Scott, REMAX Preferred Pigeon Forge (MLS# RTC87860)
Source MLS: Realtracs