1021 Sanctuary Shores Way, Sevierville, TN 37876
Listing provided by: Marc Maley · Redfin
Source: East Tennessee REALTORS® MLS · MLS# 1344017
Listing last updated
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!
Facts & features
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 4
- Half bathrooms: 2
- Heating: Heat Pump, Natural Gas, Electric
- Cooling: Central Cooling, Zoned
- 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
- Basement: Finished, Plumbed, Slab
- Fireplaces: 1
- Total rooms: 16
- Total interior livable area: 4,042 sqft
- Parking features: Main Level
- Garage spaces: 2
- Attached garage: No
- Size: 0.73 acres · 31,798.8 sqft
- Features: Lake/Water Access, Waterfront
- Exterior features: Windows - Vinyl, Dock
- Patio & porch: Deck
- View: Mountain View, Seasonal Lake View
- Parcel number: 029E E 03300 000
- Home type: Single Family
- Property subtype: Single Family Residence
- Structure: 3 Story+Basement
- Architectural style: Contemporary
- Materials: Stone, Vinyl, Cement, Shingle Shake, Block, Frame
- Year built: 2017
- Sewer: Public Sewer
- Water: Public
- Security: Gated Community, Security Alarm, Smoke Detector
- Subdivision: Timberlake Bay
- County: Sevier County - 27
- MLS area: Sevier County - 27
- Region: Sevierville
- Has HOA: Yes
- HOA fee: $200 monthly
- Price: $1,500,000
- Price per square foot: $371/sqft
- Annual tax: $4,130.98
- Listing terms: Cash, Conventional
- Date on market: Jun 9, 2026
- Days on market: 72
- Status: Active
- MLS #: 1344017
Location
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