1576 Old Chisholm Tr, Dandridge, TN 37725 (MLS # 1321385)

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PRICE $399,000 BEDS 3 BATHS 2 HOME SIZE 1,624 sqft LOT SIZE 7.61 ac Request More Info Schedule a Showing

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).