$1,500,000
About this home
Luxury Lakefront Estate on Douglas Lake | Dock | Gated Community Experience the best of East Tennessee lake living in this exceptional 5-bedroom, 4,000+ sq. ft. waterfront retreat on Douglas Lake. Nestled within the prestigious gated community of Sanctuary Shores on the highly sought-after Sevierville side of the lake, this property offers breathtaking waterfront living just minutes from Sevierville, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park. Use as a primary residence, Over Night Rental, or Both! Situated on two combined lakefront parcels totaling approximately 0.73 acres, this remarkable home features a private boat dock, stunning lake views, and quality craftsmanship throughout. The dramatic great room showcases soaring vaulted ceilings, luxury flooring, and a wall of windows that perfectly frame the sparkling waters of Douglas Lake. The gourmet kitchen is designed to impress with granite countertops, an oversized island, commercial-grade gas range, and premium stainless-steel appliances. The main-level primary suite serves as a private retreat with a tongue-and-groove cathedral ceiling, direct access to the lakefront patio, a spacious walk-in closet, and a beautifully appointed spa-inspired bath. Two additional bedrooms on the main level provide comfortable accommodations, including one with direct patio access and lake views. The lower level is built for entertaining, offering a spacious family room with a full wet bar, expansive windows overlooking the water, and two additional bedrooms--one featuring its own private deck. The oversized garage provides abundant storage and flexible recreation space, with garage doors opening directly toward the lake and dock area. Whether you're enjoying boating, fishing, swimming, or relaxing while taking in spectacular sunsets, this property delivers the ultimate waterfront lifestyle. Equally suited as a primary residence, luxury second home, or investment opportunity, the property has a strong short-term rental history, with its best year generating approximately $135,000 in gross rental income and consistently strong summer occupancy. (Summer is booked with almost no vacancies) This is a rare opportunity to own a premier lakefront property that combines luxury, location, and income-producing potential in one extraordinary package. Home comes fully furnished upon buyer request!
Highlights
Property details
- MLS #
- 1344017
- Property type
- Single Family Residence
- Subdivision
- Timberlake Bay
- Status
- Active
- Days on market
- 73
- On market date
- June 9, 2026
- Stories
- N/A
- Total bathrooms
- 5
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 0.73 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 847
- Student:teacher ratio
- 16.9:1
- District
- Sevier County
- Enrollment
- 719
- Student:teacher ratio
- 15.3:1
- District
- Sevier County
- Enrollment
- 1,284
- Student:teacher ratio
- 15.5:1
- District
- Sevier County
Walkability
Blended score for Sevierville's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Sevierville, from live MLS data.
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated June 20, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.