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1021 Sanctuary Shores Way, Sevierville, 37876
Priced At: $1,500,000
Property Details for ID: 1344017
SqFt: 4,042
Price SqFt: $371
Total Bedrooms: 5
Full Baths: 4 / Half Baths: 2
MLS Status: Active
Property Type: Residential
On Market Date: 2026-06-09T19:32:05Z
Subdivision: Timberlake Bay
Public Remarks: 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!
Schools Information
Sorry, school information is not available for this listing.Building Description
Site Built: Yes
Year Built: 2017
Total Rooms: 16
SqFt (Total): 4,042
SqFt (Main Lvl): 2,021
SqFt (Down Lvl): 2,021
Full Baths: 4
1/2 Baths: 2
Fireplace: Yes
Bonus Room: No
Basement: Yes
Basement Type: Finished, Plumbed, Slab
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: Mandatory
HOA Fee: 200
HOA Freq: Monthly
HOA Contact: Timberlake bay HOA
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
Head east on Main St from downtown Sevierville out Newport Hwy and turn left onto Hattie Branch Rd at Dollar General. Continue onto Flat Creek Rd and across from church enter at private gate to Timberlake Bay. Security code is required.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!