$1,999,950
$500K PRICE DROP

118 Luxury Ln Dandridge, TN 37725

Estimated payment $11,717/month

Total Views 6,009
5 Beds
7 Baths
7,334 Sq Ft
$273 Price per Sq Ft

Highlights

  • Lake Front
  • Home Theater
  • Deck
  • Boat Ramp
  • Landscaped Professionally
  • Traditional Architecture

About This Home

Luxurious living on Luxury Lane is found in this magnificent, newly renovated home just a short drive from the heart of Downtown Dandridge. Enjoy living right on Douglas Lake with Smoky Mountain views! This home has 5 beautiful ensuite bedrooms, a home office, a theater room with theater seating. The primary bedroom has its own fireplace and exterior access to the covered deck. Also attached to the primary bedroom, the breathtaking primary suite has two walk in closets and a custom built vanity with plenty of storage. The spacious basement is set up for an in-laws suite including a large kitchen adjacent to the living room with custom built bar and laundry space, bedroom and bathroom. Just outside this home is a well manicured patio area with a firepit and pergola for those relaxing lakeside evenings! This community has private access to a boat ramp so you can enjoy all the lake days you can imagine!

Listing Agent

Melinda Hale

Franklin Realty License #245102 Listed on: 06/06/2025

Co-Listing Agent

Amaris Rice

Franklin Realty License #382382

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,243

Year Built

  • Built in 2008

Lot Details

  • 0.66 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Landscaped Professionally
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Basement Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • Lake
  • Mountain
  • Seasonal

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 7,334 Sq Ft Home
  • Wet Bar
  • Living Quarters
  • Tray Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Great Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Storage Room
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Gas Range
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Dandridge Elementary School
  • Maury Middle School
  • Jefferson County High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 076B B 021.00

Community Details

Overview

  • Majestic Bay Subdivision
  • Mandatory home owners association

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,243

Year Built

Built in 2008

Lot Details

0

HOA Fees

$46 per month

Parking

3

Listing Details

  • Directions: From Dandridge, take Hwy 139 to a left onto Majestic Circle. Turn right and then turn right into Luxury Lane. Property on right once entering the cul-de-sac.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 2008
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.66
  • Lot Size: 0.66 acres
  • Co List Office Mls Id: 844
  • Co List Office Phone: 865-484-0660
  • Subdivision Name: Majestic Bay
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lake: Yes
  • View:Lakefront2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 3213.0
  • General Property Description:SqFt - Down Lvl: 2597.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1524.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Siding:Stone3: Yes
  • Percent Basement Finished: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Dining Area:Formal Dining Area: Yes
  • Dining Area:Breakfast Room2: Yes
  • Misc Features:Trey Ceiling: Yes
  • View:Seasonal Mountain: Yes
  • Misc Features:Wet Bar: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Tankless Water Heater, Gas Range, Refrigerator
  • Basement YN: Yes
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Flooring: Laminate, Carpet, Hardwood, Tile
  • Interior Amenities: Walk-In Closet(s), Kitchen Island, Pantry, Wet Bar
  • Fireplace:Gas Log: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Addl Living Quarter: Yes
  • Other Rooms:DenStudy: Yes
  • Appliances:Tankless Wtr Htr: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Breakfast Room: Yes
  • Other Rooms:Office: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Prof Landscaped
  • View: Seasonal Mountain, Lake
  • Lot Features: Lake/Water Access, Cul-De-Sac, Lakefront, Level, Rolling Slope
  • Construction Type: Stone, Brick
  • Patio And Porch Features: Porch - Covered, Patio, Deck
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Construction:Brick5: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Prof Landscaped: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 3.0
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Basement, Main Level
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Basement4: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Heat Pump, Natural Gas, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 46.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Community Amenities:Boat Ramp: Yes
  • Association Fee Incl:Other20: Yes

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Dandridge
  • High School: Jefferson County
  • Middle Or Junior School: Maury

Lot Info

  • Lot Size Sq Ft: 28749.6
  • Parcel #: 076B B 021.00

Tax Info

  • Tax Annual Amount: 7243.19

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,025 $188,000 $0 $0
2022 $5,818 $188,000 $22,500 $165,500
2021 $5,818 $188,000 $22,500 $165,500
2020 $5,828 $188,000 $22,500 $165,500
2019 $5,835 $188,000 $22,500 $165,500
2018 $5,544 $165,550 $20,625 $144,925
2017 $5,544 $165,550 $20,625 $144,925
2016 $5,544 $165,550 $20,625 $144,925
2015 $5,544 $165,550 $20,625 $144,925
2014 -- $165,550 $20,625 $144,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 Price Changed $1,999,950 -11.1% $273 / Sq Ft
06/06/2025 06/06/25 For Sale $2,249,999 +260.0% $307 / Sq Ft
07/10/2017 07/10/17 Off Market $625,000 -- --
04/11/2014 04/11/14 Sold $625,000 -3.8% $133 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/29/2013 03/29/13 For Sale $650,000 -- $139 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,825,000 Jefferson Title
Warranty Deed $625,000 --
Deed $175,000 --
Deed $139,900 --
Deed $109,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $118,915 No Value Available
Source: Public Records

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Source: East Tennessee REALTORS® MLS

MLS Number: 1303831

East Tennessee REALTORS® MLS

APN: 076B-B-021.00