Discover a rare opportunity to own 32 acres of private, wooded land near Douglas Lake, outside city limits and surrounded by the natural beauty of East Tennessee. Perched in a peaceful hilltop setting, this well-maintained 3-bedroom, 2-bath home offers privacy and plenty of room to enjoy the outdoors.
Currently operated as a successful short-term rental, the home provides a turnkey investment opportunity while also serving as an ideal second home or private residence. The home features a bright enclosed sunroom overlooking the surrounding landscape. Beautiful Crape Myrtle trees planted. Long private driveway with plenty of parking.
New flooring throughout
New double-pane windows
Comfortable one-level living space and large basement
Furnishings and vacation-rental setup available includes washer/dryer, refrigerator, and stove
32 Acres of Possibilities
The expansive wooded acreage is home to abundant wildlife and offers opportunities for hunting, hiking, recreation, future improvements, or simply enjoying the privacy of your own land. The rolling terrain and elevated setting provide a peaceful country atmosphere with plenty of space to explore.
Located just minutes from Douglas Lake, one of East Tennessee's popular destinations for boating, fishing, kayaking, and outdoor recreation. Newport, local restaurants and shopping are conveniently nearby, while the attractions of Pigeon Forge, Gatlinburg, and the Great Smoky Mountains are within an easy drive.
A Property with Options!
Whether you're looking for an income-producing vacation rental, private retreat, hunting property, or long-term land investment, 364 Jasmine Drive offers a unique combination of acreage, privacy, location, and income potential. Opportunities like this are increasingly difficult to find.
Active
Price cut: $49.5K (9/20)
$449,500
364 Jasmine Dr, Newport, TN 37821
3beds
1,200sqft
Single Family Residence
Built in 1950
32.06 Acres Lot
$-- Zestimate®
$375/sqft
$-- HOA
What's special
Peaceful hilltop settingComfortable one-level living spaceLarge basementNew flooring throughoutNew double-pane windows
- 122 days
- 881
- 76
Zillow last checked:
Listing updated:
Listed by:
Peggy Sue Holt 865-322-5576,
Weichert, REALTORS - Tiger Real Estate 865-940-1430
Source: East Tennessee Realtors,MLS#: 1345331
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Heat Pump, Natural Gas, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Microwave, Range, Refrigerator, Washer
Features
- Walk-In Closet(s), Eat-in Kitchen
- Windows: Windows - Vinyl, Insulated Windows, ENERGY STAR Qualified Windows
- Basement: Unfinished
- Number of fireplaces: 1
- Fireplace features: Brick, Gas Log
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Parking features: Off Street, Main Level
Features
- Has view: Yes
- View description: Country Setting
Lot
- Size: 32.06 Acres
- Features: Private, Wooded, Irregular Lot, Rolling Slope
Details
- Parcel number: 038 02703 000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,Cottage
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Block, Frame
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Newport
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $354,200
- Annual tax amount: $773
- Date on market: 6/19/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2026 | Price change | $449,500-9.9%$375/sqft |
Source: | ||
| 7/7/2026 | Price change | $499,000-5%$416/sqft |
Source: | ||
| 6/19/2026 | Listed for sale | $525,000$438/sqft |
Source: | ||
| 6/13/2026 | Listing removed | $525,000$438/sqft |
Source: | ||
| 5/28/2026 | Price change | $525,000-2.8%$438/sqft |
Source: | ||
| 4/26/2026 | Price change | $540,000-1.8%$450/sqft |
Source: | ||
| 12/15/2025 | Listed for sale | $550,000+244%$458/sqft |
Source: | ||
| 10/30/2020 | Sold | $159,900-3%$133/sqft |
Source: | ||
| 9/2/2020 | Pending sale | $164,900$137/sqft |
Source: Scenic Realty #589115 Report a problem | ||
| 7/20/2020 | Listed for sale | $164,900$137/sqft |
Source: Scenic Realty #589115 Report a problem | ||
| 7/10/2020 | Pending sale | $164,900$137/sqft |
Source: Scenic Realty #589115 Report a problem | ||
| 6/16/2020 | Listed for sale | $164,900$137/sqft |
Source: Scenic Realty #589115 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $773 +42.6% | $51,550 +143.4% |
| 2024 | $542 | $21,175 |
| 2023 | $542 -0.2% | $21,175 |
| 2022 | $543 | $21,175 |
| 2021 | $543 -47.7% | $21,175 -47.7% |
| 2020 | $1,039 +90.7% | $40,500 +110.4% |
| 2019 | $545 | $19,250 |
| 2018 | $545 0% | $19,250 |
| 2017 | $545 -2.3% | $19,250 |
| 2016 | $558 +26.5% | $19,250 |
| 2015 | $441 | $19,250 |
| 2014 | $441 | $19,250 +4.8% |
| 2013 | $441 +17% | $18,375 0% |
| 2011 | $377 | $18,381 |
| 2010 | $377 | $18,381 |
| 2009 | -- | $18,381 +27.5% |
| 2008 | $357 | $14,415 |
| 2007 | $357 | $14,415 |
| 2006 | $357 +1.9% | $14,415 +1.9% |
| 2005 | $351 -21.5% | $14,152 |
| 2004 | $447 +30.5% | $14,152 +30.5% |
| 2002 | $343 | $10,842 |
| 2001 | -- | $10,842 -83.8% |
| 2000 | -- | $66,996 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37821
Nearby schools
Schools provided by the listing agent
- Elementary: Edgemont
- High: Cocke County
Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






