Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find that perfect property. On the lake, around town or out on a farm, Pat McCollum is here to help!
Public Remarks: An extremely valuable 3 acre tract sits above Douglas Lake in the heart of the popular TimberLake Bay subdivision, offering one of the most desirable development opportunities on the lake. The property is currently planned as a PUD for seven upscale lots designed for luxury lake homes, second homes, or vacation rentals ranging from three to six bedrooms. However, the land may also be developed to suit the vision of a new developer, and TimberLake Bay offers ample sewer capacity to support projects of a much larger scale. From its elevated position, the property provides glorious panoramic views that stretch across the main channel of Douglas Lake. Here, you can watch the sun rise over the water in the morning and set in the west in the evening, enjoying vistas in every direction. The land itself sits on a peninsula that is level on top and gently rolls off, creating natural privacy and seclusion while maintaining an ideal layout for construction. Electrical utilities are already at the road, and a paved subdivision road leads directly to the property, making access both simple and attractive. TimberLake Bay is a gated community known for its convenient location and beautiful setting. Unlike many lakefront areas, it is just minutes from Sevierville with no long, winding mountain roads to navigate. This pristine acreage is ready to be developed into a boutique subdivision, luxury retreat, or a premier lakefront community that will capture the full beauty and demand of Douglas Lake living.
Go Newport Hwy- traveling out of Sevierville, go approximately. 5 miles to Traffic Light, turn left onto Hattie Branch Road, continue one mile and slight left to be on Flat Creek Road, go approximately 3 miles to left into TimberLake Bay Subdivision, at the gate- you will need a gate code. You are on White Timberlake Drive, Continue taking a right onto Sanctuary Shore Way- and staying to right as you go around loop, you will see the real estate sign. If you have a four-wheel drive vehicle drive up to the ridge it is cleared and you will be able to turn around.
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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. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
Buying or Selling real estate should be fun and simple. With Pat McCollum, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!