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!
Active
Price cut: $26K (7/7)
$499,000
364 Jasmine Dr, Newport, TN 37821
3beds
1,200sqft
Single Family Residence
Built in 1950
32.06 Acres Lot
$-- Zestimate®
$416/sqft
$-- HOA
What's special
Beautiful sunroomNew flooring throughoutAppliances included
- 75 days
- 520
- 44
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: $416/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 |
|---|---|---|
| 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.






