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$499,000

364 Jasmine Rd, Newport, TN 37821
Newport, TN 37821
Listed by Peggy Sue Holt · Weichert, REALTORS - Tiger Real Estate
Bedrooms
3
Bathrooms
2
Living area
N/A
Year built
1950

About this home

Spectacular 32-Acre Property Near Douglas Lake - Endless Possibilities! Discover a rare opportunity to own 32 acres of private rural land near Douglas Lake and outside of city limits, featuring a well- maintained three bedroom, two bath home perched on a hill for added privacy and peaceful surroundings. This property is also a successful vacation rental with proven history, making it ideal for investors, second-home buyers, or those seeking a private property with revenue potential. Home Features 3 spacious bedrooms and 2 full bathrooms and beautiful sunroom Successful short term rental with established performance Appliances included offering a true turnkey opportunity Bright sunroom perfect for relaxing and enjoying the surrounding nature New flooring throughout New double pane windows for energy efficiency and comfort Elevated hilltop setting providing privacy, serenity, and views Land & Location Expansive 32 acres of wooded land. Robust population of wildlife for hunting Endless possibilities for expansion, additional building sites, or recreational use Located minutes from Douglas Lake, known for boating, fishing, and outdoor recreation Peaceful rural setting while still convenient to nearby towns, dining, and attractions. Land & Location Expansive 32 acres of wooded land. Robust population of wildlife for hunting Endless possibilities for expansion, additional building sites, or recreational use Located minutes from Douglas Lake, known for boating, fishing, and outdoor recreation Peaceful rural setting while still convenient to nearby towns, dining, and attractions Why This Property Stands Out ✔ Large acreage near Douglas Lake is increasingly hard to find ✔ Income-producing property with immediate rental potential ✔ Ideal for a private family retreat or long-term investment ✔ Turnkey condition with recent updates already completed Whether you're looking for a profitable, vacation rental or a private homestead, or land with long-term upside, this unique Douglas Lake area property offers space, privacy, and opportunity--all in one!

Highlights

Fireplace

Property details

MLS #
1345331
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
246
On market date
June 19, 2026
Stories
N/A
Garage spaces
N/A
Lot size
32.06 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Northwest Elementary
2.39 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
414
Student:teacher ratio
14.8:1
District
Cocke County
Middle
None found nearby
High
Cocke Co High School
2.27 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,177
Student:teacher ratio
16.6:1
District
Cocke County

Mortgage calculator

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 20 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.