730 Chris Way
About This Property
JUST REDUCED $25,000. NOW $825,000. SELLER FINANCING AVAILABLE. HGTV FOUND IT. GUESTS BOOK IT SOLID. NOW IT'S YOUR TURN. 100+ FEET OF DOUGLAS LAKE SHORELINE. A 1,200 SQ FT LAKEFRONT BOAT GARAGE FOR THE BOAT, THE RV AND EVERY TOY YOU OWN. A HOT TUB WITH A TIKI BAR. YES, REALLY.
THE OPPORTUNITY
Featured on HGTV's Lakefront Bargain Hunt Renovation (Season 5, Episode 9), 730 Chris Way is a fully furnished, fully stocked, turn-key lake retreat. It's a 4.9-star Guest Favorite. Use it, rent it, or do both. Seller is open to creative financing. Ask us how a flexible, seller-assisted purchase could work.
THE PROPERTY
The Cabin: 3 bedrooms and 3 full baths, about 2,000 sq ft. Double sliding glass doors and a wall of windows pull the lake into the main living space. Hand-scraped and traditional hardwood floors, tongue-and-groove wood ceilings and butcher block counters in a fully equipped kitchen. All three baths have tiled walk-in showers. Sleep a crowd with the main-level bedroom, the loft suite with private bath, and the lower-level king suite with its own deck and wet bar.
Outdoor Living, Where It Shines: Wraparound multi-level decks on both floors. An open-air sunroom and covered entertainment porch with TV and fridge. A private hot tub with tiki bar, an outdoor shower and a firepit for sunset evenings, all professionally landscaped. A gravel path and drive lead to the water, walkable or drivable.
The Lakefront: An existing dock with permit on file and 100+ feet of Douglas Lake shoreline. A lakefront boat garage of almost 1,200 sq ft with concrete floors, power and room for an RV and bboat. A detached workshop with power, ready for storage or a conversion to a bunk room, game room, man cave, she shed or studio.
Parking & Access: 2-car carport, room for 5 to 10 more vehicles, an RV hookup (220), and space for boats and trailers. Paved access all the way from the main roads.
THE SEPTIC-APPROVED SECOND BUILD SITE: WHERE THE MONEY IS
The additional acre is approved for a septic system serving up to three bedrooms, separate from the cabin's existing system. In lake country, septic is often the make-or-break question for a second dwelling, and this one is already answered on paper.
Room for a guest cabin, tiny home, or second short-term rental. A potential second income stream on the same lake-view acreage. A multi-generational compound without a second purchase. The cabin earns today. The land is approved for what's next.
THE LOCATION
Peaceful and low-density, yet close to everything. Dollywood, Pigeon Forge and Gatlinburg are about 40 minutes away, Tanger Outlets about 30, and stores and gas stations 15 to 20. Douglas Lake is known for clean, clear water and Smoky Mountain backdrops, with over 550 miles of shoreline, so it never feels crowded.
THE BOTTOM LINE
Lakefront, 2.5 acres, a septic-approved second build site, a boat garage, a proven rental record and seller-assisted financing. Properties like this are exceptionally rare in East Tennessee.
Schedule your showing today. Buyer to verify all info.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2026 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| May 4, 2026 | Listed by eXp Realty, LLC | $850,000 | |
| Listed by eXp Realty, LLC | |||
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Century 21 Legacy | $529,000 | |
| Listed by Century 21 Legacy | |||
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Enjoy lakefront living on beautiful 2.5 acre corner lot with deeded dock! Three levels of living space offer a bedroom and bathroom on each floor, as well as a separate laundry room on the main level. The spacious living room features cathedral tongue & groove ceilings and large windows for natural light. The living area opens to a sunroom with views of Douglas Lake and the Smoky Mountains. Relax in the hot tub on the side deck. A HUGE storage building (35x40) offers ample room for boats, jet skis, and lake toys; direct access to lake!! A second storage shed provides plenty of room for lawn equipment and workshop space. Heat pump replaced in 2021, and new roof in 2023. 1 bedroom septic with expired approval to increase to 3 bed septic. Shared well agreement and deeded easement. Property sold as-is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017