$3,000,000

About this home

220 Milldale Rd presents a rare opportunity to control 66.48 acres within one of East Tennessee's most strategically positioned growth corridors. Located just 1.1 miles from I-40 via Exit 417, the property sits between Downtown Dandridge and the rapidly expanding Exit 407 corridor, placing it directly in the path of population growth, tourism expansion, infrastructure investment, and increasing demand for housing, services, and commercial development. What makes this opportunity compelling is not simply the acreage--it is the combination of scale, access, flexibility, and timing. As development activity continues to expand outward from Sevier County and the Knoxville MSA, large tracts capable of supporting coordinated development are becoming increasingly difficult to assemble. Milldale offers approximately 52 usable acres with utilities available at the road, providing developers, land funds, and commercial operators the ability to execute a variety of strategies without relying on speculative assumptions or excessive density. The property supports multiple development paths, including residential communities, mixed-use projects, hospitality concepts, RV and storage facilities, neighborhood-serving commercial uses, and phased development programs designed to align with real market absorption. Its layout allows for efficient planning, logical infrastructure deployment, and long-term flexibility while preserving natural terrain features that can enhance project design, buffering, and open space integration. Regional demand drivers continue to strengthen the investment thesis. The ongoing evolution of Exit 407, expanding tourism throughout the Smoky Mountain region, continued residential growth across Jefferson and Knox Counties, and increasing pressure on surrounding land markets are creating sustained demand for well-located development sites that offer both accessibility and scalability. Unlike many land offerings that depend upon future speculation, Milldale is positioned to capitalize on growth already underway. The site benefits from immediate interstate connectivity, proximity to Douglas and Cherokee Lakes, access to employment centers, and a location that serves both primary residents and the broader tourism economy. For developers seeking a strategic foothold within the next phase of East Tennessee's expansion, Milldale represents an opportunity to control a large-scale development platform in a corridor where demand is growing, supply is tightening, and opportunities of this size and location are becoming increasingly scarce. Scale. Access. Flexibility. Position. The fundamentals are already in motion.

Property details

MLS #

1349550

Property type

Land

Subdivision

N/A

Status

Active

Days on market

57

On market date

July 26, 2026

Stories

N/A

Garage spaces

N/A

Lot size

66.48 acres

Nearby schools

Within 10 miles · public school directory data (NCES)