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Listed by Rachel Orlando • Heartland Realty & Property Group
$690,000
Est. payment /mo
696,960 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 696,960 sqft
Price per Sqft $0
MLS Listing ID 712096
Annual Tax Amount $40
Lot Size 16.000 Acres
Acres 16.0
Lot Dimensions 16.0
Property Sub-Type Unimproved Land
Source Lakeway Area Association of REALTORS®
Property Description
Offered for the first time since 1935, this remarkable 16-acre tract has remained in the same family for generations and presents an exceptional opportunity to own a piece of one of East Tennessee's fastest-growing destinations. Located just 1.5 miles from the Parkway, you'll enjoy quick access to Pigeon Forge's world-renowned attractions, restaurants, shopping, and entertainment while still experiencing the privacy and beauty of the Smoky Mountains.
The property features approximately 3 acres on a separate parcel, creating an excellent opportunity to sell individually for an immediate return, build separately, or hold for future appreciation. The remaining 13± acres offer mature hardwood forest, approximately 1,432 feet of road frontage, and access from two separate roads, providing outstanding flexibility for development.
Adding even more value, the property contains mature, marketable timber, offering the potential for an additional income stream through selective logging while preserving the natural beauty of the land. A natural spring borders the lower portion of the property, creating a peaceful setting ideal for future cabins, walking trails, or recreational enjoyment.
Currently enrolled in Tennessee's Greenbelt (Agricultural) Program, the property benefits from significantly reduced property taxes, and Greenbelt status is transferable to a qualified buyer, allowing continued tax savings while holding or developing the land.
With public water and electricity available at the road, much of the groundwork is already in place for your vision. Whether you're planning a luxury cabin community, vacation rental development, private mountain estate, or long-term investment, the possibilities are endless.
Properties of this size, location, and versatility rarely become available--especially with a family ownership history spanning nearly a century. This is a unique opportunity to invest in one of the most sought-after destinations in the Smoky Mountains while securing land with immediate value, future development potential, and long-term appreciation. Don't miss your chance to own a truly exceptional property. Call your agent for specific directions and parking details before going out to the property to view.
The property features approximately 3 acres on a separate parcel, creating an excellent opportunity to sell individually for an immediate return, build separately, or hold for future appreciation. The remaining 13± acres offer mature hardwood forest, approximately 1,432 feet of road frontage, and access from two separate roads, providing outstanding flexibility for development.
Adding even more value, the property contains mature, marketable timber, offering the potential for an additional income stream through selective logging while preserving the natural beauty of the land. A natural spring borders the lower portion of the property, creating a peaceful setting ideal for future cabins, walking trails, or recreational enjoyment.
Currently enrolled in Tennessee's Greenbelt (Agricultural) Program, the property benefits from significantly reduced property taxes, and Greenbelt status is transferable to a qualified buyer, allowing continued tax savings while holding or developing the land.
With public water and electricity available at the road, much of the groundwork is already in place for your vision. Whether you're planning a luxury cabin community, vacation rental development, private mountain estate, or long-term investment, the possibilities are endless.
Properties of this size, location, and versatility rarely become available--especially with a family ownership history spanning nearly a century. This is a unique opportunity to invest in one of the most sought-after destinations in the Smoky Mountains while securing land with immediate value, future development potential, and long-term appreciation. Don't miss your chance to own a truly exceptional property. Call your agent for specific directions and parking details before going out to the property to view.
Location
State TN
County Sevier
Direction From the parkway go up pine mountain approx. 1.5 mile see signs on left and right turn down gibson hollow rd and park.
Building
Lot Description Greenbelt, Irregular Lot, Private, Steep Slope, Views, Wooded
Water Public
Others
Senior Community No
Tax ID 094 11400 000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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