220 Milldale Rd, Dandridge, TN 37725

$3,000,000

Property Type: Lots & Acreage Lot Size (sq. ft.): 2,895,869 Status: Active

Current Price: $3,000,000 List Date: 7/26/2026 Last Modified: 7/26/2026

Overview

Description

220 Milldale Rd presents a rare opportunity to control 66.48 acres within one of East Tennessee's most strategically positioned growth corridors. Located just 1.1 miles from I-40 via Exit 417, the property sits between Downtown Dandridge and the rapidly expanding Exit 407 corridor, placing it directly in the path of population growth, tourism expansion, infrastructure investment, and increasing demand for housing, services, and commercial development. What makes this opportunity compelling is not simply the acreage--it is the combination of scale, access, flexibility, and timing. As development activity continues to expand outward from Sevier County and the Knoxville MSA, large tracts capable of supporting coordinated development are becoming increasingly difficult to assemble. Milldale offers approximately 52 usable acres with utilities available at the road, providing developers, land funds, and commercial operators the ability to execute a variety of strategies without relying ... (Read more) 220 Milldale Rd presents a rare opportunity to control 66.48 acres within one of East Tennessee's most strategically positioned growth corridors. Located just 1.1 miles from I-40 via Exit 417, the property sits between Downtown Dandridge and the rapidly expanding Exit 407 corridor, placing it directly in the path of population growth, tourism expansion, infrastructure investment, and increasing demand for housing, services, and commercial development. What makes this opportunity compelling is not simply the acreage--it is the combination of scale, access, flexibility, and timing. As development activity continues to expand outward from Sevier County and the Knoxville MSA, large tracts capable of supporting coordinated development are becoming increasingly difficult to assemble. Milldale offers approximately 52 usable acres with utilities available at the road, providing developers, land funds, and commercial operators the ability to execute a variety of strategies without relying on speculative assumptions or excessive density. The property supports multiple development paths, including residential communities, mixed-use projects, hospitality concepts, RV and storage facilities, neighborhood-serving commercial uses, and phased development programs designed to align with real market absorption. Its layout allows for efficient planning, logical infrastructure deployment, and long-term flexibility while preserving natural terrain features that can enhance project design, buffering, and open space integration. Regional demand drivers continue to strengthen the investment thesis. The ongoing evolution of Exit 407, expanding tourism throughout the Smoky Mountain region, continued residential growth across Jefferson and Knox Counties, and increasing pressure on surrounding land markets are creating sustained demand for well-located development sites that offer both accessibility and scalability. Unlike many land offerings that depend upon future speculation, Milldale is positioned to capitalize on growth already underway. The site benefits from immediate interstate connectivity, proximity to Douglas and Cherokee Lakes, access to employment centers, and a location that serves both primary residents and the broader tourism economy. For developers seeking a strategic foothold within the next phase of East Tennessee's expansion, Milldale represents an opportunity to control a large-scale development platform in a corridor where demand is growing, supply is tightening, and opportunities of this size and location are becoming increasingly scarce. Scale. Access. Flexibility. Position. The fundamentals are already in motion.

Listing Details MLS# 1349550

Location Tax Legal Info

House #: 220
Street Name: Milldale
St Suffix: Rd
State/Province: TN
Zip Code: 37725
PIN #: 057 059.06

Contract Info

Auction Y/N: No
Listing Price: 3000000

General Property Description

Lot Dimensions: IRR
Acres: 66.48
Acre Source: Survey
Restrictions: No
Property Status: N/A

Status Change Info

Status Change Date: 2026-07-25

More Information

Property Features

Property Sub-Type: Farm; Recreational; Single Family Topography: Rolling Road Frontage: Paved Road Access: Public Road Sale Options: Fee Simple Improvements: None Easements: Typical Subdivision Lot Description: Creek; Level; Rolling Slope; Wooded View: Country Setting; Mountain View; Wooded Documents on File: Survey Developmnt Potential: Commercial; Multi-Family; Retail; Subdivision Utilities Available: Cable TV; Electricity; Gas; Sewer; Telephone; Water Zoning: Zoned Agricultural Present Structures: None New Financing: Cash; Other

IDX

Listing Office: Sevier-LPT Realty

Last Updated: July - 26 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

220 Milldale Rd, Dandridge, TN 37725 (MLS# 1349550)