Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakefront Land in Gated Community Title is generated by Realmo AI

    780 Waterside Drive, Dandridge, TN 37725

    View on Map
    Claim this Listing
    For Sale
    $244,900

    LAND - Dandridge, TN

    Lot size:
    2.57 Acres
    Added:
    Jun 24, 2025
    Days on Market:
    346
    Last Refresh:
    Jun 3 at 11:06 pm

    Property Features for 780 Waterside Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1
    Standard status
    Active
    APN
    079 068.07
    Lot size
    2.57 Acres

    Taxes and HOA fees

    Tax Description
    079 068.07 Waterside on Douglas - Phase 1 L103/107 /20
    Tax Annual Amount
    745

    Utilities

    Utilities
    Water Available
    Sewer type
    Private Sewer
    Water source
    Public
    Water front features
    Lake Front
    Water front
    1

    We can help!

    Listing Contact
    Missy Shaw

    Listing agent Missy Shaw License #329831

    Listing office Elite Properties 5906 Cassandra Smith Road, Hixson, TN

    Listing date Jun 24, 2025

    MLS# 1515335 Listing URL

    Copyright © 2026 Greater Chattanooga 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.

    HighLights

    • 2.57+/- acres of LAKEFRONT property on Douglas Lake.
    • Located in Waterside On Douglas, a new gated lakefront community.
    • Community amenities include a POOL, waterfront pavilion, boat storage, and marina.
    • Level, partially wooded lot, ideal for building.
    • Underground utilities, community sewer and water, and paved roads.
    • Convenient location near Sevierville, the airport, and I‑40.

    Overview

    This 2.57+/- acre lakefront property on Douglas Lake is located in Dandridge, TN. The partially wooded, level lot is situated within the new gated lakefront community of Waterside On Douglas, offering an opportunity to build a home at the water's edge. The subdivision provides several amenities, including a community pool with an open-air waterfront pavilion, free on-site boat storage, a community marina, and community fire pits. Infrastructure includes paved roads and underground utilities, as well as community sewer and water. The property is centrally located between Newport, White Pine, and Dandridge, with proximity to Sevierville, an airport, and I-40.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Dandridge
    County
    Jefferson
    State
    Tennessee
    Longitude
    -83.4449
    Latitude
    36.0221

    Nearby Similar for Sale

    • $399,900
      2,400 SF

      Two-Story Building Near Douglas Lake

      2400 sqft building with garage doors, near Douglas Lake.
      613 Ross Drive, Dandridge, TN 37725
      View Details
    • $499,900
      1,860 SF

      Dandridge Commercial Property on 3.96 Acres

      High-visibility commercial property near Interstate 40 in Dandridge, Tennessee.
      310 Goose Creek Road, Dandridge, TN 37725
      View Details
    • $499,900
      1,667 SF

      High-Visibility Commercial Land Opportunity

      3.96 acres with high visibility, ideal for various commercial uses.
      310 Goose Creek Road, Dandridge, TN 37725
      View Details
    • $399,900
      2,400 SF

      Dandridge Land with Storage Building

      Land with a two-story building, ideal for storage.
      613 Ross Drive, Dandridge, TN 37725
      View Details
    • $1,150,000
      10,000 SF

      New Custom-Built Warehouse Opportunity

      Customize a 10,000+ SF warehouse on 2.5 acres.
      2030 Highway 25, Dandridge, TN 37725
      View Details
    • $1,200,000

      Prime Commercial Land Near I-40

      11-acre commercial property near I-40, Dandridge, TN. Zoned B-3.
      Green Valley Drive, Dandridge, TN 37725
      View Details
    • $399,900

      Dandridge Commercial Land For Sale

      2.45 acre commercial land parcel in Dandridge, Tennessee.
      5R-2 Milldale Road, Dandridge, TN 37725
      View Details
    • $1,690,000
      9,450 SF

      High-Visibility Commercial Property Near I-40

      16.56-acre commercial property with warehouse and development potential.
      725 W Highway 25, Dandridge, TN 37725
      View Details
    • $399,900

      Dandridge Land For Sale

      2.45 acres of B-2 zoned land in Dandridge, TN.
      Trct 5R-2 Milldale Road, Dandridge, TN 37725
      View Details
    • $499,000
      74,923 SF

      Dandridge Commercial Land For Sale

      1.72 acre commercial land with B-2 zoning in Dandridge.
      +-1.72 Acr Highway 92 S, Dandridge, TN 37725
      View Details
    • $3,500,000

      Prime Commercial Lot I-40 Exit

      9.72-acre commercial lot with high visibility near I-40.
      Lot 14 Sharon Drive, Dandridge, TN 37725
      View Details
    • $1,200,000

      Prime Commercial Land Near I-40

      11-acre commercial property near I-40, suitable for diverse businesses.
      Green Valley Drive, Dandridge, TN 37725
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 2.57+/- acre lakefront lot in Waterside On Douglas, Dandridge, TN.
    Where is this waterfront land located?
    The property is located at 780 Waterside Drive Dandridge, TN.
    What is the asking price?
    The asking price for this property is $244,900.
    What are key features of this property?
    This property features: 2.57+/- acres of LAKEFRONT property on Douglas Lake.; Located in Waterside On Douglas, a new gated lakefront community.; Community amenities include a POOL, waterfront pavilion, boat storage, and marina.
    (423) 326-8047
    We can help!
    Listing Contact
    Missy Shaw
    Real Estate License ID: 329831
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    780 Waterside Drive, Dandridge, TN 37725
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!