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1034 Sanctuary Shores Way, Sevierville, TN 37876

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For Sale

$1,400,000

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Acreage
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Explore this Property

An extremely valuable 3-acre tract sits above Douglas Lake in the heart of the popular TimberLake Bay subdivision, offering one of the most desirable development opportunities on the lake. The property is currently planned as a PUD for seven upscale lots designed for luxury lake homes, second homes, or vacation rentals ranging from three to six bedrooms. However, the land may also be developed to suit the vision of a new developer, and TimberLake Bay offers ample sewer capacity to support projects of a much larger scale. From its elevated position, the property provides glorious panoramic views that stretch across the main channel of Douglas Lake. Here, you can watch the sun rise over the water in the morning and set in the west in the evening, enjoying vistas in every direction. The land itself sits on a peninsula that is level on top and gently rolls off, creating natural privacy and seclusion while maintaining an ideal layout for construction. Electrical utilities are already at the road, and a paved subdivision road leads directly to the property, making access both simple and attractive. TimberLake Bay is a gated community known for its convenient location and beautiful setting. Unlike many lakefront areas, it is just minutes from Sevierville with no long, winding mountain roads to navigate. This pristine acreage is ready to be developed into a boutique subdivision, luxury retreat, or a premier lakefront community that will capture the full beauty and demand of Douglas Lake living.
MLS# 308085

Listed By CENTURY 21 MVP

Property Features

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Directions to 1034 Sanctuary Shores Way, Sevierville, TN 37876

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.