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$7,950,000
1347613 MLS ⋅ ACTIVE Status
This 60 unit single family and multifamily portfolio located across Oak Ridge and Knoxville, TN. The property includes ten quadplexes, eight single family rentals, six duplexes, and one vacant lot. The portfolio is near 100% occupancy and over half the units have been recently renovated. This portfolio is primarily located in Oak Ridge, Tennessee, a community best known as the home of Oak Ridge National Laboratory--the largest science and energy laboratory in the United States. The local economy is strongly driven by science, technology, and advanced manufacturing, providing a stable employment base. In the past year, billions of dollars have been invested in Oak Ridge by firms such as Tennessee Valley Authority and Oklo, Inc who plan to bring hundreds of new jobs and nuclear advancement to the area. Oak Ridge also benefits from its proximity to Knoxville, a growing metropolitan area that has experienced consistent population growth in recent years.

147 Waddell Circle, Oak Ridge
$8,500,000
6 Beds ⋅ 9 Baths ⋅ 1339152 MLS ⋅ ACTIVE Status
**Stunning Waterfront Oasis in the Exclusive Peninsula at Norris Lake** Welcome to your dream retreat! Nestled in the prestigious, gated community of the Peninsula at Norris Lake, this exquisite waterfront home is a perfect blend of luxury, comfort, and natural beauty. With a sprawling 8,364 square feet, this magnificent house boasts 6 spacious bedrooms, including 5 lavish master suites, making it the ideal sanctuary for families or those who love to entertain. From the moment you arrive, you'll be captivated by the stunning stone exterior and perfectly manicured landscaping that accompanies this flat and level 2.23-acre lot. Step inside to discover an array of high-end finishes, including LPV waterproof luxury vinyl flooring and elegant Anderson doors and windows that bathe the entire home in natural light. As you wander through the expansive living spaces, you'll be met with the enchanting glow of the stunning stone fireplace in the living room, creating an inviting ambiance for cozy nights or gatherings with loved ones. Enjoy the seamless flow from the indoor spaces to the breathtaking outdoors, thanks to the multiple large doors that provide easy access to your private outdoor oasis. The outdoor space is nothing short of spectacular! Hosting summer barbecues will be a breeze with three outdoor fireplaces, perfect for entertaining family and friends while enjoying the mesmerizing views of Norris Lake. The outdoor kitchen is sure to please with its gas appliances. Dive into your refreshing inground pool or unwind in the luxurious hot tub, surrounded by serene landscapes that offer a perfect escape from the hustle and bustle of everyday life. For the boating enthusiasts, this property features a two-slip dock, allowing you to effortlessly embark on lakeside adventures right from your backyard. The convenience of lake access means you can spend your days swimming, fishing, and creating unforgettable memories with loved ones. The private boat launch is just around the corner. This home offers a lifestyle of tranquility and luxury, with the added advantage of residing in one of the best lots on Norris Lake. Whether you are looking for a primary residence, or a vacation getaway, this home has all the amenities to make your dreams come true. Don't miss the chance to own this stunning waterfront sanctuary in one of Tennessee's most sought-after locations. Schedule your private showing today and prepare to fall in love with your new home! Buyer to verify all information and do their own due diligence to make sure all information provided is correct.

202 Crown Jewel Lane, Lafollette
$9,450,000
41 Beds ⋅ 34 Baths ⋅ 313084 MLS ⋅ ACTIVE Status
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.

430 Sugar Cove Way, Newport
$9,450,000
41 Beds ⋅ 34 Baths ⋅ 1350475 MLS ⋅ ACTIVE Status
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.

430 Sugar Cove Way, Newport
$9,500,000
5 Beds ⋅ 6 Baths ⋅ 1335430 MLS ⋅ ACTIVE Status
The sprawling 390 acre Lucky 7 Ranch is a ranch, a fully furnished resort, an event center, a professional equine facility, a wedding destination, a corporate retreat, a farm, an RV campground, a hunter's paradise, a nature preserve, a commercial property, metal shop, data center, office space, a nationally recognized competition sporting clay facility, an AKC Field Trial & Hunt Association national dog competition & training ground, and so much more... this nearly 400 acre wonderland truly has it All! **Fully lit competition riding arena w/ manufactured sand & French drain, an 18 stall barn w/ med, tack, storage, & loft rooms plus its own dressing rooms, meeting room, laundry room, bathroom, & full kitchen! **Breathtaking event center with full commercial kitchen, double sided fireplace, game room, and multiple bonus rooms sits with the over water pavilion on the 8 acre 40' deep lake, diving board, dock, and 3 hidden competitive trap machines with ''daylight'' lights for night shooting! **Enormous heated commercial shop featuring 16' doors, fuel stations, office space, full kitchen, bathroom, and bonus rooms + all the heavy equipment you need to take care of the entire ranch & all of its buildings (run by a full time whole ranch caretaker!). **Detached 4 bay garage. **$50,000 Dedicated unmetered fiber optic line. **Over $3 million in just the commercial construction of 11 of the 15 lakes/ponds! **3/2 guest cabin on the property. **Heated dog kennels **9 RV/Camper hookups + Secondary private campground w/ water & electricity. **Property wide underground concrete piping spillways insure No flooding, no wash, & no standing water! **All utilities underground **4 miles of packed gravel roads throughout ****THE MAIN LODGE: The heart of it all is the custom built Jonathan Miller Architecture 9,000 square foot estate, fully furnished by famed interior designer Paul Law, & the home comes fully furnished. From the Douglas Firs brought in from Oregon to the stunning double commercial Wolf & Sub-Zero ''invisible'' kitchen to the iron I-beam internal construction, NO expense was spared.

6720 Erie Rd, Sweetwater
$9,500,000
5 Beds ⋅ 6 Baths ⋅ 311109 MLS ⋅ ACTIVE Status
The sprawling 390 acre Lucky 7 Ranch is a ranch, a fully furnished resort, an event center, a professional equine facility, a wedding destination, a corporate retreat, a farm, an RV campground, a hunter's paradise, a nature preserve, a commercial property, metal shop, data center, office space, a nationally recognized competition sporting clay facility, an AKC Field Trial & Hunt Association national dog competition & training ground, and so much more... this nearly 400 acre wonderland truly has it All! **Fully lit competition riding arena w/ manufactured sand & French drain, an 18 stall barn w/ med, tack, storage, & loft rooms plus its own dressing rooms, meeting room, laundry room, bathroom, & full kitchen! **Breathtaking event center with full commercial kitchen, double sided fireplace, game room, and multiple bonus rooms sits with the over water pavilion on the 8 acre 40' deep lake, diving board, dock, and 3 hidden competitive trap machines with ''daylight'' lights for night shooting! **Enormous heated commercial shop featuring 16' doors, fuel stations, office space, full kitchen, bathroom, and bonus rooms + all the heavy equipment you need to take care of the entire ranch & all of its buildings (run by a full time whole ranch caretaker!). **Detached 4 bay garage. **$50,000 Dedicated unmetered fiber optic line. **Over $3 million in just the commercial construction of 11 of the 15 lakes/ponds! **3/2 guest cabin on the property. **Heated dog kennels **9 RV/Camper hookups + Secondary private campground w/ water & electricity. **Property wide underground concrete piping spillways insure No flooding, no wash, & no standing water! **All utilities underground **4 miles of packed gravel roads throughout ****THE MAIN LODGE: The heart of it all is the custom built Jonathan Miller Architecture 9,000 square foot estate, fully furnished by famed interior designer Paul Law, & the home comes fully furnished. From the Douglas Firs brought in from Oregon to the stunning double commercial Wolf & Sub-Zero ''invisible'' kitchen to the iron I-beam internal construction, NO expense was spared.

6720 Erie Road, Sweetwater
$10,997,000
7 Beds ⋅ 13 Baths ⋅ 1303770 MLS ⋅ ACTIVE Status
Luxurious Lakefront Estate at The Peninsula. This extraordinary lakefront residence redefines luxury living, offering 7 bedrooms, 8 full baths, 5 half baths, and over 13,340 sq ft of masterfully designed living space on a pristine .71-acre lot. Nestled within the exclusive gated community of The Peninsula in Lafollette, TN, this estate boasts panoramic views of the Cumberland Mountains, Norris Lake, and Chuck Swan Wildlife Management Area. Perfectly positioned near Deerfield Resort and multiple marinas, it combines privacy with convenience.

201 Crown Jewel Lane, Lafollette
$11,000,000
4 Beds ⋅ 6 Baths ⋅ 1355089 MLS ⋅ ACTIVE Status
There are exceptional homes, and then there are those rare properties that seem to belong entirely to their setting--places where architecture, landscape and a remarkable sense of privacy come together so naturally and the results feels almost inevitable. Tucked discreetly into the rolling hills of East Tennessee and set along a sweeping bend of the Tennessee River, this extraordinary estate is one such place. Designed by esteemed architect Jeffrey Dungan, the residence is an understated study in timeless architecture, drawing inspiration from the English countryside while remaining unmistakably connected to the landscape of Tennessee. Approaching through private gates, this estate reveals itself gradually. A stone porte-cochere opens to an intimate pea-gravel motor court, establishing a sense of quiet arrival. Stone walls, a cedar-shake roof and beautifully proportioned architectural forms give the home a sense of permanence. Inside, the mood is light in spirit. Venetian plaster walls, natural materials and beautifully considered details create interiors that are sophisticated yet remarkably warm and welcoming. Throughout the residence, architecture is used to frame the landscape and breathtaking water and mountain view. A glass-enclosed study overlooks the swimming pool and river beyond, while private courtyards create peaceful moments of intimacy throughout the home. From its position above the water, this estate commands an extraordinary panorama both up and down the Tennessee River. The infinity-edge swimming pool appears to dissolve into the landscape with its overflowing edge visually meeting the water beyond and creating one of the property's most memorable perspectives. The grounds have been conceived with the same thoughtfulness as the residence itself. Raised-bed gardens lend an element of countryside living, while a generous lawn provides an extraordinary setting for large-scale entertaining. Beautiful open green space for everyday life can equally become the setting for a tented wedding, private concert or unforgettable evening beneath the Tennessee sky. At the water's edge, a spacious private dock provides effortless access to the river. Elsewhere on the property, flexible private suites offer exceptional accommodations for guests, while a substantial gathering space provides an entirely different kind of luxury--a place equally suited to an important automobile collection or relaxed, casual entertaining. Perhaps the estate's greatest luxury is one that cannot easily be replicated: privacy. Despite its commanding presence on the Tennessee River, the property feels remarkably removed from the world around it, tucked into the countryside and protected by its landscape. Every element reflects an uncompromising commitment to quality and craftsmanship, but nothing here feels designed simply for effect. The architecture is restrained. The materials are authentic. The landscape is integral to the experience. The result is a home of extraordinary sophistication that remains comfortable, welcoming and deeply connected to its surroundings. For the discerning buyer seeking something truly irreplaceable, this is more than an exceptional waterfront residence. It is a significant work of architecture and design.

Louisville

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .