For sale Home

Listed Jun 18, 2026

$449,500 Est. $2,973/mo

364 Jasmine Road

  • 3

    Beds

  • 2

    Baths

  • 1,200

    Sq ft

The story

  • Basement

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.

Facts & features

Home type

Home

Year built

1950

Lot size

32 acres

Price per sq ft

$375

Included features

  • Fireplace

    1 fireplace

  • Basement

    Yes

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating

    Central, Electric, Heat Pump, Natural Gas

  • Appliances

    Dryer, Microwave, Range, Refrigerator, Washer

  • Lot Information

    Private, Wooded, Rolling Slope

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$2,973 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,392
  • Property tax $450
  • Insurance $131

Includes principal, interest, taxes & insurance.

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Listing Broker

WEICHERT, REALTORS - TIGER REAL ESTATE

Broker Name

WEICHERT, REALTORS - TIGER REAL ESTATE

Agent

Peggy Holt