Listing Courtesy of: Charity Brown - Tennessee Elite Realty 865-280-4922
$3,900,000 affordable loan icon Calculate Payment

1217 Mccarter Hollow Rd Sevierville, TN 37862

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Land Residence
Beds
Baths
Sq. Ft.
6.46 Acre Lot

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Last updated on 12/28/2024 7:38 PM
INVESTORS AND DEVELOPERS! PARTIAL OWNER FINANCING AVAILABLE! CITY APPROVED PLANNED UNIT DEVELOPMENT READY FOR DEVELOPMENT OR ZONING ALLOWS MULTI FAMILY APARTMENT BUILDINGS IN A HIGH VISIBILITY LOCATION RIGHT OFF VETERANS PARKWAY ACROSS FROM THE ENTRANCE TO DOLLYWOOD IN THE CITY LIMITS OF PIGEON FORG...E, TN! THIS PROPERTY IS ZONED R-2 (HIGH DENSITY RESIDENTIAL) AND CONSISTS OF 6.46 ACRES WITH CITY APPROVAL FOR 55 SHORT TERM RENTAL UNITS WHICH INCLUDES AN EXISTING 3BR SHORT TERM RENTAL FULLY FURNISHED AND READY FOR RENTAL! ROAD CUT IN WITH ROUGHED IN GRADING AND SOME INFRASTRUCTUE ALREADY IN PLACE! READY TO START BUILDING WITH CITY WATER AND SEWER AT THE PROPERTY! The current site plan would include 54 proposed units which would consist of thirteen, four-unit structures, and one, two-unit structure and will have 2BR/2.5BA with a bonus room/loft and approx. 1400 sqft. each with three levels. This is an unbeatable location at the entrance to Dollywood and less than 2 miles to the parkway in Pigeon Forge with attractions, shopping, dining and more! Only a short drive to Gatlinburg. Prime Development Opportunity in High-Traffic Tourism Hub. Seize this rare opportunity to develop on 6.46 acres of prime land in a highly visible, high-traffic area, and perfect for multi-unit residential. Located in the heart of a bustling tourism corridor, this property offers unmatched exposure to the steady flow of visitors and locals alike. With zoning for multiple units this parcel is ideal for short term rentals. Visitors are drawn to the nearby attractions, scenic areas, and local amenities, making this a lucrative spot for residential income properties. A must-see for investors and developers looking to capitalize on the area's vibrant tourism and high growth. Contact us today to explore the endless development possibilities for this strategic, well-situated property. See associated documents for site plan and additional information. *Drone photography was used* Continue reading
MLS#
1281144
Property Type
Land
Lot Size
6.46

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Listing Courtesy of: Charity Brown - Tennessee Elite Realty 865-280-4922
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Real Estate listings held by other brokerage firms are marked with the name of the listing broker. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Knoxville Area Association of Realtors. All rights reserved.
This content last refreshed on 12/28/2024 7:38 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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