Fabulous lake and mountain views from these three C-1 zoned lots $655,000

Lake Acreage Off Market

Fabulous lake and mountain views from these three C-1 zoned lots being sold as a single parcel located within the Timberlake Bay private gated community at Sanctuary Shores on the shores of Douglas Lake in Sevierville TN. HOA community approved to build as many as 45 multi-family units with a 1:1 buildable square foot ratio of living space to land area (excluding parking and decks to equal land area for each lot). This allows for a 35' Building height for your multi-family development encompassing up to approximately 107,000/sq' of air conditioned living space. Also has previously approved by TVA dock extension with additional 6 boat slips for developer (developer to re-apply for dock extension)munity boasts wonderful lake views, beautiful club house and swimming pool. Overnight Rentals, long term rentals and permanent residential are all allowed. Within minutes to downtown Sevierville, Pigeon Forge, Gatlinburg and the Great Smoky Mountains National Park. Utility connections to city water and community sewer. Excellent road frontage. Electricity and fibre optic high speed internet connection available at street.