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!
Active
$1,500,000
1021 Sanctuary Shores Way, Sevierville, TN 37876
5beds
4,042sqft
Single Family Residence
Built in 2017
0.73 Acres Lot
$-- Zestimate®
$371/sqft
$200/mo HOA
What's special
Gated communityWaterfront retreatFull wet barOversized islandCommercial-grade gas rangeStunning lake viewsSpacious walk-in closet
- 92 days
- 759
- 65
Zillow last checked:
Listing updated:
Listed by:
Marc Maley 865-352-6033,
Redfin 615-933-5419
Source: East Tennessee Realtors,MLS#: 1344017
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Heat Pump, Natural Gas, Electric
Cooling
- Central Air, Zoned
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Features
- Walk-In Closet(s), Kitchen Island, Wet Bar
- Flooring: Carpet, Hardwood, Vinyl, Tile
- Windows: Windows - Vinyl
- Basement: Finished,Bath/Stubbed,Slab
- Number of fireplaces: 1
- Fireplace features: Free Standing, Wood Burning Stove
Interior area
- Total structure area: 4,042
- Total interior livable area: 4,042 sqft
Property
Parking
- Total spaces: 2
- Parking features: Main Level
- Garage spaces: 2
Features
- Exterior features: Dock
- Has view: Yes
- View description: Mountain(s), Seasonal Lake View
- Has water view: Yes
- Water view: Seasonal Lake View
- Waterfront features: Lake/Water Access, Waterfront
Lot
- Size: 0.73 Acres
Details
- Parcel number: 029E E 03300 000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Stone, Vinyl Siding, Cement Siding, Shingle Siding, Block, Frame
Condition
- Year built: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Gated Community, Security System, Smoke Detector(s)
- Subdivision: Timberlake Bay
HOA
- Has HOA: Yes
- HOA fee: $200 monthly
Location
- Region: Sevierville
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $697,800
- Annual tax amount: $4,131
- Date on market: 6/9/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $1,500,000-3.7%$371/sqft |
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| 1/1/2026 | Listing removed | $1,557,000$385/sqft |
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| 9/28/2025 | Price change | $1,557,000-2.5%$385/sqft |
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| 6/27/2025 | Listed for sale | $1,597,000+14.5%$395/sqft |
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| 3/29/2024 | Listing removed | -- |
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| 6/20/2023 | Sold | $1,395,000-0.4%$345/sqft |
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| 5/31/2023 | Pending sale | $1,400,000$346/sqft |
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| 5/17/2023 | Listed for sale | $1,400,000-12.5%$346/sqft |
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| 8/5/2022 | Listing removed | $1,600,000$396/sqft |
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| 7/8/2022 | Listed for sale | $1,600,000-8.6%$396/sqft |
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| 7/1/2022 | Listing removed | -- |
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| 6/22/2022 | Price change | $1,750,000-7.4%$433/sqft |
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| 5/18/2022 | Price change | $1,888,888-4.4%$467/sqft |
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| 4/14/2022 | Price change | $1,976,000-10.2%$489/sqft |
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| 4/13/2022 | Listed for sale | $2,200,000+22.2%$544/sqft |
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| 12/16/2021 | Listing removed | -- |
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| 12/7/2021 | Listed for sale | $1,800,000$445/sqft |
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| 11/8/2021 | Pending sale | $1,800,000$445/sqft |
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| 11/3/2021 | Price change | $1,800,000-5%$445/sqft |
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| 10/29/2021 | Listed for sale | $1,895,000$469/sqft |
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| 10/25/2021 | Pending sale | $1,895,000$469/sqft |
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| 10/20/2021 | Price change | $1,895,000-0.3%$469/sqft |
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| 10/7/2021 | Listed for sale | $1,900,000+6029%$470/sqft |
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| 4/17/2015 | Sold | $31,000+47.6%$8/sqft |
Source: Public Record Report a problem | ||
| 10/17/2014 | Sold | $21,000$5/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,131 | $279,120 |
| 2024 | $4,131 +60% | $279,120 +60% |
| 2023 | $2,582 | $174,450 |
| 2022 | $2,582 | $174,450 |
| 2021 | -- | $174,450 +134.5% |
| 2020 | $1,384 | $74,400 |
| 2019 | $1,384 | $74,400 |
| 2018 | $1,384 0% | $74,400 |
| 2017 | $1,384 +644.1% | $74,400 +644% |
| 2016 | $186 | $10,000 -50% |
| 2015 | -- | $20,000 |
| 2014 | $326 | $20,000 |
| 2013 | $326 | $20,000 |
| 2012 | $326 | $20,000 |
| 2011 | $326 | $20,000 -38.5% |
| 2010 | -- | $32,500 |
| 2009 | $501 | $32,500 |
Find assessor info on the county website
Monthly payment
Est. payment








