Prime Investment Opportunity: 7.5+ Acres on Douglas Lake with Development Potential
Investors, take note! This is a rare chance to acquire over 7.5 acres with lake views and deeded lake access, including a boat launch, on the highly sought-after Douglas Lake. This property is primed for development, with the potential to add up to two more dwellings (buyer to verify), making it an ideal candidate for a family compound, nightly rentals, or long-term rental units. A newer, well-kept home is already on-site, providing immediate value. Much of the heavy lifting is already done, with significant excavation and identified building sites. Secure the best-priced access to Douglas Lake's 30,000 acres of recreational water. This unique property offers a multitude of income-generating possibilities and is a strategic addition to any real estate portfolio. This home is on a permanent foundation and has deep footers. In addition, there are two entry points, one off of Chisholm Road and one driveway off of Covington Road. The septic that has been installed is about triple the size it should be for the existing one dwelling (to be verified by Buyer).
Pending
$399,000
1576 Old Chisholm Trl, Dandridge, TN 37725
3beds
1,624sqft
Est.:
Single Family Residence
Built in 2017
7.61 Acres Lot
$390,800 Zestimate®
$246/sqft
$-- HOA
What's special
Boat launchLake viewsNewer well-kept homeDeeded lake access
- 31 days |
- 3,334 |
- 229 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 08:39am
Listed by:
Tiffany Winchell 865-368-4568,
Brougham Properties 865-924-6695
Source: East Tennessee Realtors,MLS#: 1321385
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
Features
- Walk-In Closet(s), Kitchen Island, Breakfast Bar, Eat-in Kitchen
- Flooring: Laminate, Tile
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,624
- Total interior livable area: 1,624 sqft
Property
Parking
- Parking features: Main Level
Features
- Has view: Yes
- View description: Mountain(s)
- Has water view: Yes
- Waterfront features: Lake/Water Access, Pond
Lot
- Size: 7.61 Acres
- Features: Wooded, Level, Rolling Slope
Details
- Parcel number: 077M E 021.00
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other, Vinyl Siding
Condition
- Year built: 2017
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Chelsea Chester
Location
- Region: Dandridge
Financial & listing details
- Price per square foot: $246/sqft
- Date on market: 11/10/2025
- Listing terms: Conventional
Estimated market value
$390,800
$371,000 - $410,000
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Pending sale | $399,000$246/sqft |
Source: | ||
| 11/10/2025 | Listed for sale | $399,000$246/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,241/mo
Principal & interest
$1945
Property taxes
$156
Home insurance
$140
Climate risks
Neighborhood: 37725
Nearby schools
GreatSchools rating
- 4/10Jefferson Virtual AcademyGrades: 1-12Distance: 4 mi
- 7/10Maury Middle SchoolGrades: 6-8Distance: 3.7 mi
Schools provided by the listing agent
- High: Jefferson County
Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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