Douglas Lake Homes under $500,000

Welcome to Douglas Lake, Tennessee—a hidden gem nestled in the picturesque foothills of the Great Smoky Mountains. This stunning region is renowned for its breathtaking views, sparkling waters, and a plethora of outdoor activities that beckon nature lovers and adventure seekers alike. With over 30 miles of shoreline, Douglas Lake offers a tranquil escape for boating, fishing, and swimming, making it a perfect destination for families and individuals looking to embrace a lakeside lifestyle.

In addition to its natural beauty, Douglas Lake boasts a warm community atmosphere. The nearby towns of Dandridge and Newport provide charming shops, delightful dining options, and local festivals that celebrate the rich culture of East Tennessee. Here, you can enjoy the best of both worlds: the serenity of lakeside living and the vibrancy of small-town life.

For those considering a move to this idyllic area, you'll be pleased to know that there are numerous homes available for under $500,000. Whether you’re searching for a cozy cabin with stunning lake views, a modern family home, or a charming cottage, Douglas Lake has a variety of options to suit your needs and budget. Many of these homes come equipped with spacious yards, access to the lake, and the potential for year-round enjoyment.

Investing in a home in Douglas Lake not only means embracing a serene lifestyle but also becoming part of a close-knit community that values both nature and neighborly connections. Don’t miss your chance to discover your dream home in this enchanting region!

Newest Douglas Lake Homes under $500,000

$405,000

3 Beds ⋅ 3 Baths ⋅ 313536 MLS ⋅ ACTIVE Status

Welcome to Douglas Lake Resort, a premier log cabin community offering the perfect combination of lake living, mountain charm, and resort-style amenities. This beautiful 3-bedroom, 3-bath true log cabin overlooks both the community pool and Douglas Lake, providing wonderful views from its expansive wraparound porch spanning three sides of the home. The main level features two bedrooms and two full bathrooms, offering convenient one-level living for owners and guests. Upstairs, a spacious loft includes a third full bathroom and plenty of additional space--perfect for creating a game room, bunk area, entertainment space, home office, or additional sleeping accommodations. Outdoor living is a highlight of this property. Relax on the wraparound porch while enjoying views of the lake and pool, or take advantage of everything this established lake community has to offer. Douglas Lake Resort amenities include a community swimming pool, playground, clubhouse with restrooms .Douglas Lake Resort amenities include a community swimming pool, playground, clubhouse with restrooms and meeting space, walking trails, community lake access, boat ramp, free-use docking area, and dedicated boat and trailer storage. Whether you're looking for a peaceful lake retreat, vacation home, or investment property, this true log cabin delivers the quintessential East Tennessee lake experience. Bring the boat, enjoy the trails, spend your afternoons on Douglas Lake, and come home to the comfort and character of your own log cabin.

1039 Willard Way, Sevierville

$399,999

2 Beds ⋅ 2 Baths ⋅ 312346 MLS ⋅ ACTIVE Status

6 LOTS TOTALING APPROXIMATELY 2.54 ACRES!! A Rare Douglas Lake Investment Opportunity- Discover an exceptional opportunity in the Ponderosa Ranch community on Douglas Lake. This unique offering includes six lots with lake views and one waterfront lot, providing endless possibilities for personal use, vacation homes, or short-term rental investment. Property Highlights: Lot 85 (1909 Cheyene Trail): Features a charming 2-bedroom, 1.5-bath cottage that needs some TLC but has tremendous potential as a lakeside retreat. Lot 86: Includes an existing concrete block two-car garage with ample space to build an additional lake-view cottage. Lot 81: Located directly across from the cottage, this waterfront lot offers approximately 250 feet of road frontage and direct access to Douglas Lake. Lots 88 & 89: Front Fargo Trail and provide additional development opportunities. Lot 87: A versatile corner lot fronting Bootbluff Road, Fargo Trail, and Cheyene Trail, totaling just over 0.50 acre. Light community restrictions allow campers, mobile homes, and RVs, making this property ideal for a variety of uses, including short-term rentals. Enjoy all that Douglas Lake has to offer, including more than 500 miles of shoreline and recognition as one of the top bass fishing lakes in the United States. The property is surrounded by breathtaking Great Smoky Mountain views and is conveniently located near the attractions, dining, shopping, and entertainment of Sevierville, Pigeon Forge, and Gatlinburg. Drone photos available. Whether you're seeking a private lake getaway, a family compound, or an income-producing investment property, this unique package offers outstanding potential in one of East Tennessee's most desirable recreational areas.

1909 Cheyene Trail, Dandridge

$497,500

2 Beds ⋅ 2 Baths ⋅ 311025 MLS ⋅ ACTIVE Status

Long-range panoramic mountain views set the tone for this cabin located on the south end of Douglas Lake, with a community boat ramp into the lake. Designed for both relaxation and rental potential, this 2-bedroom 2-bath cabin features a versatile bonus loft currently used as a sleeping area and game room, comfortably accommodating up to 8 guests. Take in the views from the covered porch, or unwind in the hot tub while overlooking the mountains. Located just minutes from Sevierville and area attractions, this property offers both convenience and a peaceful setting. Douglas Lake Resort amenities include a community pool, playground, nature trails, and lake access with a boat ramp, enhancing the guest experience and appeal for short-term rentals.

936 Buck Way, Sevierville

$339,900

2 Beds ⋅ 2 Baths ⋅ 310771 MLS ⋅ ACTIVE Status

UPGRADED! Investment opportunity, Second Home or Permanent Home awaits in the stunning Douglas Lake Resort! This fully furnished cabin is turn-key and boasts numerous upgrades, including a HVAC SYSTEM, ROOF, LVP FLOORING, WATER HEATER, STOVE, WASHER & DRYER and a 55-inch TV in the open concept living room and dining area. ROOF COMES WITH A 50YR (1X) transferable warranty. Enjoy the convenience of one-level living in this 2-bedroom, 2-bathroom retreat, that comfortably accommodates up to 6 guests. The cabin features parking at both the front and rear, ensuring ease of access for you and your guests. As part of the community, residents have access to a range of amenities, including a, pool, clubhouse, and ample parking space. Douglas Lake is renowned for its recreational opportunities, including boating, kayaking, jet skiing, and fishing. Located just minutes away from the vibrant attractions of Pigeon Forge, Gatlinburg & The Great Smoky Mountains National Park. This cabin offers the perfect blend of tranquility and excitement. Attic could be converted to an open loft for more sqft. Schedule your private showing today.

1134 Carroll Hill Lane, Sevierville

$469,900

3 Beds ⋅ 2 Baths ⋅ 309644 MLS ⋅ ACTIVE Status

Cabin is freshly painted as of Sept 2026 and new living room couch and recliners added! Lakeview Mountain Cabin in Douglas Lake Resort. Welcome to your turnkey retreat on beautiful Douglas Lake, where sweeping lake and mountain views set the stage for unforgettable living or investment potential. This fully furnished cabin features 3 bedrooms, 2 bathrooms, plus a spacious bonus room, offering flexibility for guests, family, or added entertainment space. The open-concept living room and kitchen are highlighted by soaring cathedral ceilings, creating a bright, airy atmosphere perfect for gathering and relaxing. The game room/bunk room offers generous space with tons of potential. Step outside to the large, covered porch, complete with ample seating and a hot tub, ideal for soaking in the scenery year-round. With plenty of parking and a paved driveway, hosting friends or guests is effortless. Located in the sought-after Douglas Lake Resort, owners and guests enjoy resort-style amenities including an inground pool, clubhouse, and boat ramp. Whether you're seeking a short-term rental opportunity or a permanent home, this property delivers. All of this just minutes from the excitement of the Parkway, Dollywood, Gatlinburg, and the Great Smoky Mountains--close to it all, yet perfectly tucked away in a serene lake/mountain view setting. Both HVAC & hot water heater has been replaced within the last 2-4 years.

1038 Willard Way, Sevierville

Start Your Search

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .