430 Sugar Cove Way, Newport, TN

$9,450,000

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41

Beds

31

Baths

22,003

Square feet

30.00

Acres

About 430 Sugar Cove Way

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.

Features of 430 Sugar Cove Way

MLS® # 3319735
Price $9,450,000
Bedrooms 41
Bathrooms 31.00
Full Baths 28
Half Baths 6
Square Footage 22,003
Acres 30.00
Year Built 2019
Type Residential
Status Active

Community Information

Address 430 Sugar Cove Way
Subdivision Sugar Cove
City Newport
County Cocke County, TN
State TN
Zip Code 37821

Amenities

Parking Spaces 3
# of Garages 3
View Lake, Mountain(s)
Is Waterfront Yes
Has Pool No

Interior

Fireplace Yes
# of Fireplaces 7
# of Stories 3

Additional Information

Date Listed August 3rd, 2026
Days on Market 41
Foreclosure No
Short Sale No
Data Source REALTRACS as distributed by MLS GRID

Listing Details

OfficeREMAX Preferred Pigeon Forge

Listing Map

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