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    Sanctuary Shr Way, Unit 11 Sevierville, TN 37876

    For Sale
    $194,999

    LAND - Sevierville, TN

    Lot size:
    0.18 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 11 at 6:06 pm

    Property Features for Sanctuary Shr Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    029E E 011.00
    Lot size
    0.18 Acres

    Realty One Group Anthem (865) 250-7814 [email protected]

    Listing agent Jessica Marcantel (865) 789-5811

    Listing date Nov 28, 2025

    MLS# 1309463 Listing URL

    Copyright © 2025 East Tennessee 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

    Lakefront Lot in Gated Community

    This 0.18-acre waterfront lot is located in the gated community of Timberlake Bay, near Sevierville and Pigeon Forge. It offers an opportunity to build a custom lakefront home. The community features a clubhouse, a resort-style swimming pool, a covered pavilion, and an outdoor entertainment area. Short-term rentals are permitted, offering potential as a private estate or investment property. The property is located on Douglas Lake. The seller is offering $5,000 towards the buyer's closing costs if sold before 12/31/2025.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sevierville
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.461684
    Latitude
    35.914612

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    FAQs

    What type of property is this?
    Residential land & home lot - Waterfront lot in Timberlake Bay near Sevierville and Pigeon Forge.
    Where is this residential land & home lot located?
    The property is located at Sanctuary Shr Way, Unit 11 Sevierville, TN.
    What is the asking price?
    The asking price for this property is $194,999.
    What are key features of this property?
    This property features: - Rare waterfront lot in exclusive, gated Timberlake Bay community on Douglas Lake.; - Prime location near Sevierville and Pigeon Forge.; - Short-term rentals permitted, offering investment potential.
    (865) 789-5811
    Request Owner's contact information
    Sanctuary Shr Way, Unit 11 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
    Sanctuary Shr Way, Unit 11 Sevierville, TN 37876
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