1217 McCarter Hollow Road
$3,900,000
281,397 / 6.46
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Description
Investors and developers! 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 forge, 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...Investors and developers! 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 forge, 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
- Listed by Charity Brown • Tennessee Elite Realty
Property Details for 1217 McCarter Hollow Road
Zoning Description
Other, None, Zoned Residential
Zoning Zoned ResidentialTrue
LISTING UPDATED: 11/23/2024 01:05 PM
Property Details for 1217 McCarter Hollow Road
Status | Active |
---|---|
MLS # | 1281144 |
Days on Market | 24 |
Taxes | $2,434 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lots & Acreage |
Year Built | - |
Lot Size | 6.46 AC |
County | Sevier County |
Virtual Tour
Building Information for 1217 McCarter Hollow Road
Lot Size6.46 AC
Property Information for 1217 McCarter Hollow Road
Property History for 1217 McCarter Hollow Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1217 McCarter Hollow Road
Taxable ValueLand$93,025Additions$54,900Total$147,925
Tax Record2021$2,433 ($203 / month)
Home Facts
Beds0Total Finished SqFt825 SqFtAbove Grade Finished SqFt825 SqFtStories1Lot Size309,276 SqFtStyleSingle Family ResidenceYear Built1960Year Renovated1986ZoningR-1CountySEVIERAPN078084 05700Fireplace TypeHas Fireplace
Schools near 1217 McCarter Hollow Road
This home is within Sevier County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 7 to 9 | |||
Public - | 10 to 12 | |||
Public - | 4 to 6 |
Rating | School | Distance |
---|---|---|
Sevierville Primary School PublicPK to 2 | ||
Pigeon Forge Middle School Public7 to 9 | ||
Pigeon Forge High School Public10 to 12 | ||
Pigeon Forge Intermediate Public4 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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