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    1034 Sanctuary Shr Way Sevierville, TN 37876

    For Sale
    $1,350,000

    LAND - Sevierville, TN

    Lot size:
    3.00 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 11 at 7:06 pm

    Property Features for 1034 Sanctuary Shr Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1
    APN
    029E E 101.00
    Lot size
    3.00 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Private Sewer
    Water source
    Public

    CENTURY 21 MVP (865) 429-2121

    Listing agent Deborah Korlin (865) 765-6157

    Listing date Oct 22, 2025

    MLS# 308085 Listing URL

    Copyright © 2025 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Land with Lake Views

    This 3-acre property presents a development opportunity within the Sanctuary Shores subdivision, offering panoramic views above Douglas Lake. Architectural plans are available for seven 3-bedroom homes, and the property allows for custom designs. Much of the groundwork has been completed. The land is situated on a peninsula with a level top and gently rolling slopes, providing natural privacy and an ideal layout for construction. Electrical utilities are available at the road, and a paved subdivision road provides access to the property. The property is part of the TimberLake Bay gated community, located minutes from Sevierville. The property is on a community sewer system. The location provides views across the main channel of Douglas Lake, with both sunrise and sunset views. The property is suited for development into a boutique subdivision, luxury retreat, or a premier lakefront community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sevierville
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.461843
    Latitude
    35.914886

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    FAQs

    What type of property is this?
    Land - 3-acre Sevierville land with panoramic lake views.
    Where is this land located?
    The property is located at 1034 Sanctuary Shr Way Sevierville, TN.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Spectacular panoramic views of Douglas Lake with sunrise and sunset vistas.; - Development-ready with architectural plans for seven 3-bedroom homes already drawn.; - Rare community sewer system in a lake-area development.
    (865) 765-6157
    Request Owner's contact information
    1034 Sanctuary Shr Way Sevierville, TN 37876
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1034 Sanctuary Shr Way Sevierville, TN 37876
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