Lakefront Living on 11.37 Acres Highly motivated sellers - property improvements are underway! Discover your dream getaway on beautiful Douglas Lake. Listed at \$498,000, this lakefront home offers approximately 300 feet of shoreline, permitted for a private boat launch, a floating dock, and a 20-by-40-foot boat storage building. Inside, the home features an inviting open floor plan with a formal dining room, an eat-in kitchen, three bedrooms, and a versatile bonus room. Step onto the deck with your morning coffee and enjoy peaceful lake views and frequent wildlife sightings. With 11.37 acres, this property offers plenty of space to roam. It is ideal for boating, fishing, kayaking, paddleboarding, water skiing, wakeboarding, or simply relaxing by the dock. Use it as a primary residence, vacation retreat, or short-term rental investment. Located on the quiet side of town, the property is only about 25 minutes from Dollywood, restaurants, Tanger Outlets, and popular area attractions, while the nearest grocery store is approximately 10 minutes away. Waterfront living, mountain adventures, and investment potential come together in one exceptional property.
For sale
Price cut: $1K (8/26)
$498,000
1034 Sierra Way, Way, TN 37876
4beds
2,079sqft
Single Family Residence, Residential
Built in 2015
11.37 Acres Lot
$483,000 Zestimate®
$240/sqft
$-- HOA
What's special
Lakefront homeFloating dockInviting open floor planEat-in kitchenVersatile bonus roomThree bedroomsFormal dining room
- 81 days
- 1,279
- 93
Zillow last checked:
Listing updated:
Listed by:
Starlet P Allo 865-296-9289,
Prime Mountain Properties 865-908-2008
Source: Lakeway Area AOR,MLS#: 712141
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Primary bathroom
- Level: Main
Heating
- Central, Electric, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater
Features
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total interior livable area: 2,079 sqft
- Finished area above ground: 2,079
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Dock, Storage
- Pool features: None
- Has view: Yes
- View description: Lake, Trees/Woods, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake, Lake Front, Waterfront
- Body of water: Douglas Lake
Lot
- Size: 11.37 Acres
- Dimensions: 11 acres
- Features: Rolling Slope, Waterfront
Details
- Additional structures: RV/Boat Storage
- Parcel number: 095 03503 000
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Block, Permanent
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 2015
- Major remodel year: 2015
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Way
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $415,800
- Annual tax amount: $1,549
- Date on market: 7/9/2026
- Inclusions: LARGE 20X40 METAL BUILDING, Floating dock
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
$483,000
$459,000 - $507,000
$2,197/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $498,000-0.2%$240/sqft |
Source: | ||
| 7/9/2026 | Listed for sale | $499,000-9.3%$240/sqft |
Source: | ||
| 7/4/2026 | Listing removed | $550,000$265/sqft |
Source: | ||
| 5/19/2026 | Price change | $550,000-8.2%$265/sqft |
Source: | ||
| 5/12/2026 | Price change | $599,000-7.8%$288/sqft |
Source: | ||
| 4/18/2026 | Price change | $650,000-7%$313/sqft |
Source: | ||
| 4/2/2026 | Price change | $699,000-2.2%$336/sqft |
Source: | ||
| 1/7/2026 | Price change | $715,000-2.1%$344/sqft |
Source: | ||
| 9/9/2025 | Price change | $730,000-2.7%$351/sqft |
Source: | ||
| 7/4/2025 | Listed for sale | $750,000+188.2%$361/sqft |
Source: | ||
| 1/22/2016 | Sold | $260,278+85.9%$125/sqft |
Source: Public Record Report a problem | ||
| 11/23/2015 | Sold | $140,000+229.4%$67/sqft |
Source: | ||
| 7/31/2003 | Sold | $42,500$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,549 +4.2% | $103,950 |
| 2024 | $1,486 +29.2% | $103,950 +107.8% |
| 2023 | $1,151 +5% | $50,025 |
| 2022 | $1,096 | $50,025 |
| 2021 | $1,096 | $50,025 |
| 2020 | $1,096 | $50,025 |
| 2019 | $1,096 +18.9% | $50,025 +27.5% |
| 2018 | $922 0% | $39,225 |
| 2017 | $922 -6.5% | $39,225 -6.5% |
| 2016 | $986 +223.4% | $41,950 +223.3% |
| 2015 | $305 | $12,975 |
| 2014 | $305 | $12,975 |
| 2013 | -- | $12,975 -14.6% |
| 2012 | $327 +4.9% | $15,200 |
| 2011 | $312 | $15,200 |
| 2010 | $312 | $15,200 |
| 2009 | -- | $15,200 +17.1% |
| 2008 | $297 +10.6% | $12,975 |
| 2007 | $269 +13.1% | $12,975 |
| 2006 | $237 | $12,975 |
| 2005 | $237 -11.2% | $12,975 |
| 2004 | $267 +24.9% | $12,975 +21.3% |
| 2003 | $214 | $10,700 +0% |
| 2001 | -- | $10,699 -75% |
| 2000 | -- | $42,797 |
Find assessor info on the county website
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