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For sale
  • $1,500,000

    1021 Sanctuary Shores Way, Sevierville, TN 37876

    5beds
    4,042sqft
    : 
    $8,591/mo
    Get pre-qualified
    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
    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!
    45 days
    |
    965
    |
    72
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marc Maley 865-352-6033,

    Redfin 615-933-5419

    Source: East Tennessee Realtors,MLS#: 1344017MLS Logo

      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

        DateEventPrice
        6/9/2026Listed for sale$1,500,000-3.7%$371/sqft
        Source: East Tennessee Realtors #1344017 Report a problem
        1/1/2026Listing removed$1,557,000$385/sqft
        Source: East Tennessee Realtors #1306089 Report a problem
        9/28/2025Price change$1,557,000-2.5%$385/sqft
        Source: East Tennessee Realtors #1306089 Report a problem
        6/27/2025Listed for sale$1,597,000+14.5%$395/sqft
        Source: East Tennessee Realtors #1306089 Report a problem
        3/29/2024Listing removed--
        Source: East Tennessee Realtors #1169988 Report a problem
        6/20/2023Sold$1,395,000-0.4%$345/sqft
        Source: Lakeway Area AOR #612385 Report a problem
        5/31/2023Pending sale$1,400,000$346/sqft
        Source: GSMAR, GSMMLS #257321 Report a problem
        5/17/2023Listed for sale$1,400,000-12.5%$346/sqft
        Source: GSMAR, GSMMLS #257321 Report a problem
        8/5/2022Listing removed$1,600,000$396/sqft
        Source: East Tennessee Realtors #1199039 Report a problem
        7/8/2022Listed for sale$1,600,000-8.6%$396/sqft
        Source: Lakeway Area AOR #608860 Report a problem
        7/1/2022Listing removed--
        Source: GSMAR, GSMMLS #248653 Report a problem
        6/22/2022Price change$1,750,000-7.4%$433/sqft
        Source: GSMAR, GSMMLS #248653 Report a problem
        5/18/2022Price change$1,888,888-4.4%$467/sqft
        Source: East Tennessee Realtors #1187417 Report a problem
        4/14/2022Price change$1,976,000-10.2%$489/sqft
        Source: East Tennessee Realtors #1187417 Report a problem
        4/13/2022Listed for sale$2,200,000+22.2%$544/sqft
        Source: GSMAR, GSMMLS #248653 Report a problem
        12/16/2021Listing removed--
        Source: GSMAR, GSMMLS #245429 Report a problem
        12/7/2021Listed for sale$1,800,000$445/sqft
        Source: GSMAR, GSMMLS #245429 Report a problem
        11/8/2021Pending sale$1,800,000$445/sqft
        Source: GSMAR, GSMMLS #245429 Report a problem
        11/3/2021Price change$1,800,000-5%$445/sqft
        Source: East Tennessee Realtors #1169988 Report a problem
        10/29/2021Listed for sale$1,895,000$469/sqft
        Source: GSMAR, GSMMLS #245429 Report a problem
        10/25/2021Pending sale$1,895,000$469/sqft
        Source: GSMAR, GSMMLS #245429 Report a problem
        10/20/2021Price change$1,895,000-0.3%$469/sqft
        Source: East Tennessee Realtors #1169988 Report a problem
        10/7/2021Listed for sale$1,900,000+6029%$470/sqft
        Source: GSMAR, GSMMLS #245429 Report a problem
        4/17/2015Sold$31,000+47.6%$8/sqft
        Source: Public Record Report a problem
        10/17/2014Sold$21,000$5/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 37876

        Getting around

        0 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

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