430 Sugar Cove Way Newport, TN $ 9,450,000
430 Sugar Cove Way
$ 9,450,000
Recently Listed
Share Save

430 Sugar Cove Way

Newport, TN, 37821
$ 9,450,000
Bedrooms41 Baths34.0 Sq 22,003

Monthly Estimate*

$ 65,269

430 Sugar Cove Way, Newport, TN 37821 - Image 1
430 Sugar Cove Way, Newport, TN 37821 - Image 2
430 Sugar Cove Way, Newport, TN 37821 - Image 3
430 Sugar Cove Way, Newport, TN 37821 - Image 4
430 Sugar Cove Way, Newport, TN 37821 - Image 5
430 Sugar Cove Way, Newport, TN 37821 - Image 6
430 Sugar Cove Way, Newport, TN 37821 - Image 7
430 Sugar Cove Way, Newport, TN 37821 - Image 8
430 Sugar Cove Way, Newport, TN 37821 - Image 9
430 Sugar Cove Way, Newport, TN 37821 - Image 10
430 Sugar Cove Way, Newport, TN 37821 - Image 11
430 Sugar Cove Way, Newport, TN 37821 - Image 12
430 Sugar Cove Way, Newport, TN 37821 - Image 13
430 Sugar Cove Way, Newport, TN 37821 - Image 14
430 Sugar Cove Way, Newport, TN 37821 - Image 15
430 Sugar Cove Way, Newport, TN 37821 - Image 16
430 Sugar Cove Way, Newport, TN 37821 - Image 17
430 Sugar Cove Way, Newport, TN 37821 - Image 18
430 Sugar Cove Way, Newport, TN 37821 - Image 19
430 Sugar Cove Way, Newport, TN 37821 - Image 20
430 Sugar Cove Way, Newport, TN 37821 - Image 21
430 Sugar Cove Way, Newport, TN 37821 - Image 22
430 Sugar Cove Way, Newport, TN 37821 - Image 23
430 Sugar Cove Way, Newport, TN 37821 - Image 24
430 Sugar Cove Way, Newport, TN 37821 - Image 25
430 Sugar Cove Way, Newport, TN 37821 - Image 26
430 Sugar Cove Way, Newport, TN 37821 - Image 27
430 Sugar Cove Way, Newport, TN 37821 - Image 28
430 Sugar Cove Way, Newport, TN 37821 - Image 29
430 Sugar Cove Way, Newport, TN 37821 - Image 30
430 Sugar Cove Way, Newport, TN 37821 - Image 31
430 Sugar Cove Way, Newport, TN 37821 - Image 32
430 Sugar Cove Way, Newport, TN 37821 - Image 33
430 Sugar Cove Way, Newport, TN 37821 - Image 34
430 Sugar Cove Way, Newport, TN 37821 - Image 35
430 Sugar Cove Way, Newport, TN 37821 - Image 36
430 Sugar Cove Way, Newport, TN 37821 - Image 37
430 Sugar Cove Way, Newport, TN 37821 - Image 38
430 Sugar Cove Way, Newport, TN 37821 - Image 39
430 Sugar Cove Way, Newport, TN 37821 - Image 40
430 Sugar Cove Way, Newport, TN 37821 - Image 41
430 Sugar Cove Way, Newport, TN 37821 - Image 42
430 Sugar Cove Way, Newport, TN 37821 - Image 43
430 Sugar Cove Way, Newport, TN 37821 - Image 44
430 Sugar Cove Way, Newport, TN 37821 - Image 45
430 Sugar Cove Way, Newport, TN 37821 - Image 46
430 Sugar Cove Way, Newport, TN 37821 - Image 47
430 Sugar Cove Way, Newport, TN 37821 - Image 48
430 Sugar Cove Way, Newport, TN 37821 - Image 49
430 Sugar Cove Way, Newport, TN 37821 - Image 50
430 Sugar Cove Way, Newport, TN 37821 - Image 51
430 Sugar Cove Way, Newport, TN 37821 - Image 52
430 Sugar Cove Way, Newport, TN 37821 - Image 53
430 Sugar Cove Way, Newport, TN 37821 - Image 54
430 Sugar Cove Way, Newport, TN 37821 - Image 55
430 Sugar Cove Way, Newport, TN 37821 - Image 56
430 Sugar Cove Way, Newport, TN 37821 - Image 57
430 Sugar Cove Way, Newport, TN 37821 - Image 58
430 Sugar Cove Way, Newport, TN 37821 - Image 59
430 Sugar Cove Way, Newport, TN 37821 - Image 60

Single Family Home for sale in Newport, TN

for $9,450,000 with 41 bedrooms and 34 full baths. This 22,003 square foot home was built in 2019 on a lot size of 30.

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. The combination of luxury accommodations, waterfront amenities, and expansion potential is difficult to replicate. Guests enjoy a saltwater infinity pool, hot tub, community picnic area, playground, and a six-slip marina with dedicated slips for the existing rentals. A 16-slip dock permit is also on file, creating flexibility for future waterfront enhancements and expanded guest capacity. What separates this property from other lakefront investments is how much of the groundwork has already been completed. Significant investments have been made in city sewer service, a centralized well system, internal roadways, electric service, and multiple prepared areas throughout the property. In a market where utilities, permitting, and site preparation can be major obstacles, this property has a substantial head start. Beyond the existing improvements lies an increasingly rare opportunity on Douglas Lake--room to grow. The owner believes the property supports significant additional development opportunities, subject to buyer verification and approvals. Whether the vision includes additional accommodations, event venues, recreational amenities, or other resort enhancements, the combination of acreage, infrastructure, and lake frontage provides an exceptional foundation for expansion. Adding even more potential, the property's lakeside ''Fish Shack'' and dock offer an opportunity for a future waterfront restaurant, snack/tiki bar, marina store, guest gathering venue, or marina expansion. Combined with the existing dock infrastructure and approved 16-slip dock permit, the property offers potential for a full-service waterfront resort destination. Today, guests arrive seeking a peaceful waterfront escape. Tomorrow, the next owner may envision one of the region's premier destination resorts. Conveniently located just minutes from Interstate 40 and within easy reach of Dandridge, Sevierville, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park.

See more

Single Family Active

Price

$ 9,450,000

Bedrooms

41

Full Bath

34

Property Type

Single Family

Taxes

$ 4,300

Style

Other, Cabin

Lot Size

30

Year Built

2019

Town/City

Newport

County/Region

Cocke

MLS | Web ID

1357347

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Cooling Ceiling Fan(s)
Appliances Other
Garage Spaces 3
Architectural Style Other Cabin
Construction Materials Other Log
Year Built 2019
View Mountain View Lake
Property Subtype Single Family Residence
County Cocke County - 39
Property Type Single Family
Subdivision Name Sugar Cove
Total Rooms 0
Full Baths 34
Status Active
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.
City Newport
MLS Area Cocke County - 39
Lot Size Units Acres
Lot Size Square Feet 1306800
Property Attached Y/N true
MLS Area Minor Cocke County - 39
Structure Type 3 Story
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing Exchange true
See more
Interior
Interior Amenities Walk-In Closet(s) Cathedral Ceiling(s) Kitchen Island Wet Bar
Basement Walkout Finished
Flooring Hardwood Tile
Total Fireplaces 7
Fireplace Features Gas Log
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Total Bedrooms 41
Total Baths 34
See more
Exterior
Exterior Amenities Balcony
Lot Features Lake/Water Access Private Waterfront Current Dock Permit on File
Water Source Well
Lot Size Area 30
Building Area Total 22003
Lot Size Acres 30
Frontage Type Lakefront
Lot Size Source Owner
See more
* Excluded Features
List By
John Scott

Listing Agent

Remax Preferred Pigeon Forge

Broker

johntscottrealestate@gmail.com

Email

Affordability Calculator

$65,627
Per Month
99%
1%
0%
Monthly Principal & Interest
$65,269
Monthly Property Taxes
$358
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$9,450,000 Listed Price

Map


See all

430 Sugar Cove Way, Newport, TN, 37821 is a Single Family Home for sale at $9,450,000 with 22,003 sqft and a lot size of 30. 430 Sugar Cove Way has 41 bedrooms, 34.0 baths, and was built in 2019. The property's zip code is 37821 which is in Newport, TN