Build Your Douglas Lake Dream Home or Cabin Here! Douglas Lake Main Channel Acreage! Large 3 1/2 acres on the main channel of Douglas Lake located in the rural community of Baneberry, TN. This is a MAIN CHANNEL lot with access nearly 30,000 acres of public recreational water at your back door. Douglas Lake is one of the area's prime fisheries and hosts several Bass Master Tournaments each year. Boat, Fish or Play on Douglas Lake.