$1,400,000

1034 Sanctuary Shores Way Sevierville, TN 37876

Estimated payment $7,638/month

11.7 Acres
$119,658 Price per Acre
509,652 Sq Ft Lot

Highlights

  • Access To Lake
  • Lake View
  • Community Lake
  • Gatlinburg Pittman High School Rated A-
  • 11.7 Acre Lot
  • Wooded Lot

About This Lot

An extremely valuable 11.7-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.

Listing Agent

Deborah Korlin

Century 21 MVP License #293982 Listed on: 08/31/2025

Century 21 MVP

Co-Listing Agent

The Korlin Team

Century 21 MVP License #293982

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $300

Lot Details

  • 11.7 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Development of land is proposed phase
  • Building or Site Plan Approved
  • Property is zoned R1

Property Views

  • Lake
  • Woods
  • Mountain

Utilities

  • Private Sewer

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 029E E 101.00

Community Details

Overview

  • Property has a Home Owners Association
  • Timberlake Bay Association
  • Timberlake Bay Subdivision
  • Community Lake

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$300

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: R1
  • CoListOfficeEmail: deborahkorlin@gmail.com
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Gentle Sloping, Level, Rolling Slope, Sloped, Steep Slope, Views, Wooded
  • Reso View: Lake, Mountain(s), Trees/Woods
  • Co List Office Mls Id: 12
  • Co List Office Mls Id: 12
  • Subdivision Name: Timberlake Bay
  • Location Tax and Legal Parcel Number2: 029E E 101.00
  • Location Tax and Legal Tax Lot2: 101
  • Location Tax and Legal:Tax Annual Amount: 300.0
  • Location Tax and Legal Tax Year2: 2025
  • General Property Information Lot Size Acres: 11.7
  • General Property Information View YN2: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • View:Lake2: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • View TreesWoods: Yes
  • Sewer Private Sewer: Yes
  • Community Features Lake Access: Yes
  • Development Status Proposed: Yes
  • Development Status Site Plan Approved: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 1034
  • Possible Use: Development
  • Community Features:Lake: Yes

Exterior Features

  • Acres: 11.7
  • View: Yes
  • Lot Features:Level: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Steep Slope: Yes
  • Lot Features:Views: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Gentle Sloping: Yes

Utilities

  • Sewer: Private Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Lake Access
  • Association Fee Frequency: Monthly
  • Association Name: Timberlake Bay
  • Phone: 000000000
  • Association: Yes

Lot Info

  • Development Status: Proposed, Site Plan Approved, See Remarks
  • Lot Size Sq Ft: 509652.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 029E E 101.00

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 300.0
  • Tax Lot: 101

Multi Family

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2025 08/31/25 For Sale $1,400,000 -- --
Source: Great Smoky Mountains Association of REALTORS®

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 308085

Great Smoky Mountains Association of REALTORS®