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$4,950,000
Est. payment /mo
142.46 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1286539
Originating Board East Tennessee REALTORS® MLS
Lot Size 142.460 Acres
Acres 142.46
Lot Dimensions IRR
Property Description
SHOVEL READY in approx. 60-90 days! Stunning 142-acre Wears Valley property with panoramic mountain views. Approved for PUBLIC WATER and fully entitled for 80 spacious lots across 105 of the acres, with additional ridge line acreage for future expansion. Ideal for short-term rental resort or residential community.
Key Features:
- Approved Public Water - Accessible at Little Cove Rd.
- Zoning: Residential (fully entitled)
- Topography: Gently rolling with panoramic mountain views
- Strategic Location - 0.2 miles off Wears Valley Rd, minutes to GSMNP (most visited US Nat'l Park), less than 7 miles to the main Parkway in Pigeon Forge and approx. 11 miles to Gatlinburg.
- Highly Accessible - within a day's drive of 70% of the U.S. population plus easily accessible with no steep inclines.
- Road Frontage - Excellent visibility from Wears Valley Rd plus significant frontage along Valley View Rd and Little Cove Rd.
- Natural Beauty - Borders Cove Creek, providing a serene and picturesque environment.
- Groundwork in Place - Contractor referrals for infrastructure, horizontal and vertical development available upon request, making this an incredible opportunity for builders and investors. Buyer to perform their own contractor due diligence.
- Unparalleled Investment Opportunity - located in Sevier County, TN, a tourism powerhouse generating approximately $4.4 billion in annual visitor spending and attracting 12-15 million visitors annually.
- Robust Tourism - consistently demonstrating growth, fueled by its accessibility, variety of attractions, and the increasing popularity of outdoor recreation and family-oriented travel experiences.
The property's combination of scenic views, strategic location, and development potential make it a rare find in Wears Valley. Owner/Agent.
Key Features:
- Approved Public Water - Accessible at Little Cove Rd.
- Zoning: Residential (fully entitled)
- Topography: Gently rolling with panoramic mountain views
- Strategic Location - 0.2 miles off Wears Valley Rd, minutes to GSMNP (most visited US Nat'l Park), less than 7 miles to the main Parkway in Pigeon Forge and approx. 11 miles to Gatlinburg.
- Highly Accessible - within a day's drive of 70% of the U.S. population plus easily accessible with no steep inclines.
- Road Frontage - Excellent visibility from Wears Valley Rd plus significant frontage along Valley View Rd and Little Cove Rd.
- Natural Beauty - Borders Cove Creek, providing a serene and picturesque environment.
- Groundwork in Place - Contractor referrals for infrastructure, horizontal and vertical development available upon request, making this an incredible opportunity for builders and investors. Buyer to perform their own contractor due diligence.
- Unparalleled Investment Opportunity - located in Sevier County, TN, a tourism powerhouse generating approximately $4.4 billion in annual visitor spending and attracting 12-15 million visitors annually.
- Robust Tourism - consistently demonstrating growth, fueled by its accessibility, variety of attractions, and the increasing popularity of outdoor recreation and family-oriented travel experiences.
The property's combination of scenic views, strategic location, and development potential make it a rare find in Wears Valley. Owner/Agent.
Location
State TN
County Sevier County - 27
Area 142.46
Zoning Zoned Residential
Exterior
View Country Setting, Mountain View
Topography [object Array]
Road Frontage , County, Paved
Garage No
Building
Lot Description Creek, Rolling, Wooded, Rolling Slope
Faces From Sevierville: take the Parkway towards Pigeon Forge. Right on Wears Valley Rd (stoplight #3). Left on Valley View Rd. Left on Herb Ownby Way (see signage).
Others
Restrictions No
Tax ID 114 061.00
Acceptable Financing Cash, Conventional, New Loan
Listing Terms Cash, Conventional, New Loan
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Listed by Real Broker