Experience the best of lake life with this rare opportunity to own 5.40 acres on stunning Douglas Lake--a peaceful, lightly restricted lakefront haven with no HOA! This property includes two adjoining lakefront lots being sold together, offering ultimate flexibility and endless possibilities. Imagine building your dream home on one lot and a second home for family, or creating two charming cabins for rental income. Prefer extra privacy? Keep both lots for yourself and enjoy the space and serenity. The property has already been evaluated for two 3-bedroom septic systems, one per lot, and city water is available. Lot 1 features a roughed-in driveway leading to the lake, where you'll find a concrete boat dock ramp already in place. A cleared pad beside the driveway was previously used for camper parking, providing easy access to the water's edge. With approximately 300 feet of shoreline in a deep water cove, you'll enjoy year-round lake access and unbeatable views. The land includes 4.66 acres above the 1002' contour and 0.73 acres below, giving you ample room to create the lakefront retreat you've been dreaming of. Dock and ramp permits are already on file, so you're one step closer to launching your boat and soaking up lake days from your private cove. Located just minutes from charming Historic Dandridge and vibrant Sevierville, and less than an hour from the Great Smoky Mountains, this property is perfectly situated for both peaceful living and exciting nearby adventures. Whether you're building a personal sanctuary or an income-producing retreat, this is your chance to embrace Lake Life at its best!