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1217 McCarter Hollow Rd, Sevierville, 37862
Priced At: $3,900,000
Property Details for ID: 1281144
MLS Status: Active
Property Type: Land
On Market Date: 2024-10-31T21:38:26Z
Public Remarks: 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 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*
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
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Directions
On Veteran's Blvd. Go for 4.1 mi. Turn left onto McCarter Hollow Rd. Go for 0.4 mi Turn left onto Hickory Manor Rd. Go for 0.1 mi. ending at... 1217 McCarter Hollow Rd
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