220 Milldale Road
Dandridge, TN, 37725 $ 3,000,000
Baths0.0 Monthly Estimate*
$ 18,942
Studio for $3,000,000. The lot size is 66.48.
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.
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FeaturesGeneralSewer Public Sewer
Utilities Cable Available Electricity Available High Speed Internet Available Natural Gas Available Phone Available Sewer Available Water Available
Possession Close Of Escrow
Zoning A-1
Property Subtype Agriculture
Tax Year 2025
Current Use Vacant
County Jefferson
Property Type Land
HOA false
Subdivision Name Other
Possible Use Mini Storage Agricultural Automotive Cattle Commercial Dairy Development Farm Grazing Highway/Tourist Service Horses Hunting Industrial Investment Livestock Manufactured Home Medical/Dental Mixed Use Multi-Family Nursery Office Orchard Pasture Place of Worship Poultry Ranch Recreational Residential Retail Single Family Subdevelopment Subdivision Timber Tree Farm Unimproved Vacant Vineyard Warehouse Other
Status Active
Directions Follow GPS. Behind H&H shopping complex
City Dandridge
MLS Area Jefferson County
Lot Size Units Acres
Lot Size Square Feet 2895868.8
Tax Annual Amount 302.41
MLS Area Minor Jefferson County
Standard Status Active
Tax Lot NA
Occupancy Either
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ExteriorLot Features Agricultural Gentle Sloping Irregular Lot Level Rolling Slope Views Wooded
Water Source Public
Lot Size Area 66.48
Lot Size Acres 66.48
Road Surface Type Paved
Road Frontage Type City Street
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* Excluded FeaturesList ByKeller Williams Realty - Knox Premier PropBroker
Affordability Calculator
- Monthly Principal & Interest
- $18,942
- Monthly Property Taxes
- $25
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Dandridge, TN
Average List Price $516,894
Percent of Sale Price 83%
About Dandridge, TN 3,452 Population
49% Since 2002
$ 45,807 Median Income
41.76 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/1/2026 | $3,000,000 | | Listed Price |