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Douglas Lake

Sevier County’s largest body of water and its only honest to goodness lake, Douglas Lake area covers over 30,000 acres at the northern most part of Sevier County as well as part of adjoining Jefferson, Cocke, and Hamblen Counties.
Douglas Lake was built in 1943 by the Tennessee Valley Authority or TVA with the intent of providing inexpensive hydro electric power and reducing flooding in the region.  Although the primary purposes of the lake haven’t changed its 550 miles of shoreline produce many recreational opportunities as well today.  The reservoir itself is over 43 miles long and the water level fluctuates significantly depending upon the season.  This fluctuation in water level is an important factor to consider when evaluating a Douglas Lake area real estate investment as many areas that have large waterfront exposure in the summer have only dry clay or mud from late fall to mid spring when the spring rains start to again fill the lake.  With excellent fishing and superb scenery the Douglas Lake area has become a very attractive choice for residents and investors interested in the advantages of living near a large lake.

Unfortunately, a lack of sound long range planning or good restrictions has left some areas around the lake very unattractive.  If you are considering a Douglas Lake area real estate investment evaluate carefully the perimeter of the specific neighborhood you are viewing.

 

As of Thursday, December 14, 2017 there were 1,475 residential properties listed for sale in our Great Smoky Mountains Association of Realtors® MLS database.  The 39 residences for sale in the Douglas Lake area as of the same date were listed at an average price of $416,569.
 
All information provided by Jeff Schoenfield, Broker/Owner, All Pro, Realtors, Inc.
http://www.GatlinburgHomes.com