This rare Douglas Lake property offers the ultimate East Tennessee waterfront lifestyle—three unrestricted parcels totaling 2 acres and an impressive 232 feet of year-round lake frontage on scenic Flat Creek cove. Whether you're dreaming of building your forever home or seeking an income-producing getaway, this property is ready for it all. The main lot is build-ready with a 3-bedroom septic approval and showcases stunning sunset views over the cove. An existing one-bedroom cabin with a partial wraparound porch offers cozy guest accommodations or immediate rental potential. With a private boat ramp and serene shoreline, water access is effortless. Across the cove, your private 3,200 sq ft outdoor retreat—only accessible by boat—offers a one-of-a-kind lakeside experience perfect for entertaining, relaxing, or even glamping under solar string lights. Complete with a stainless steel indoor kitchen, a pass-through bar window, storage room, sandy beach, fire pit, and covered lounging area, this space is a true host's paradise. Located just minutes from downtown Sevierville and Pigeon Forge, this lakefront gem is a rare blend of seclusion, convenience, and endless potential.