430 Sugar Cove Way, Newport, TN 37821
New Listing
$9,450,000
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
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
- # of Rooms
- 0
- SqFt - Main Lvl
- 0
- SqFt - Down Lvl
- 0
- SqFt - 2nd Flr Lvl
- 0
- SqFt - 3rd Flr Lvl
- 0
- Basement
- No
Status Change Info
- Status Change Date
- 2026-11-04
Location, Tax & Legal Info
- Area
- Cocke County - 39
- Property Sub-Type
- Residential
- City/County Code
- County
- Total Tax
- 4300.74
Remarks & Misc
- 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.
- Public Remarks
- 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 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 beautiful modern waterfront villas, each offering 3,200+ square feet, 7 bedrooms, 5.5 bathrooms, and accommodations up to 18 guests. Showcasing 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. Resort can accommodate well over 100 guests, making it ideal for family reunions, weddings, corporate retreats, church groups, sports teams, and destination events.
More Information
Atchd/Dtchd Type
- Attached
- Yes
Style
- Cabin
- Yes
- Other
- Yes
Construction
- Log
- Yes
- Other
- Yes
Fireplace
- Gas Log
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Cooling
- Yes
Floors
- Hardwood
- Yes
- Tile
- Yes
Garage/Parking
- Garage Spaces
- 3
Basement
- Finished
- Yes
- Walkout
- Yes
Lot Description
- Current Dock Permit on File
- Yes
- Lake/Water Access
- Yes
- Private
- Yes
- Waterfront
- Yes
Fuel
- Electric
- Yes
View
- Lake View
- Yes
- Lakefront
- Yes
- Mountain View
- Yes
Heat
- Central
- Yes
Appliances
- Other
- Yes
Exterior Features
- Balcony
- Yes
- Pool - Swim (Ingrnd)
- Yes
Misc Features
- Cathedral Ceiling(s)
- Yes
- Kitchen Island
- Yes
- Walk-in Shower
- Yes
- Walk-In Closet(s)
- Yes
- Washer/Dryer Connect
- Yes
- Wet Bar
- Yes
Sewer
- Public Sewer
- Yes
Water
- Well
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- Exchange
- Yes
- Other
- Yes
Showing
- See Agent Instructns
- Yes
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.