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Tract 1-11 Old Mountain Acres Subdivision, Sevierville, 37876
Priced At: $1,100,000
Property Details for ID: 1281786
MLS Status: Active
Property Type: Land
On Market Date: 2024-11-06T23:39:14Z
Subdivision: Old Mountain Acres
Public Remarks: Here is your chance to own and develop your own subdivision NEAR GATLINBURG with INSANE VIEWS!. Old Mountain Acres is 15.85 acres of pure mountain spledor with insane views and roads already cut into the property making it perfect for developers. These 11 tracts are chocked-full of amazing views. A lot of the photos are drone shots but if you built multi story cabins you'd have perfect views. Per the subdivision plat tracts 1 & 11 are approved for 2 bedrooms septics already and tracts 2-10 are approved for 3 bedrooms. If you want more bedrooms you'll need to apply for a new septic permit. This land would be perfect for a developer looking to build many cabins here. The restrictions are very light and are only in place to keep the land beautiful. These 11 tracts are divided into 4 zones based on the views and the topography of the land. Grassy Branch is the best way to access the land. King Hollow is another access point but needs more development for that access. The neighbor at 4010 Old Mountain Way has a small easement as you enter the property but once you pass their driveway you can drive down the Old Mountain Way right of way right on through the property as it's all cleared and nicely laid out. The roads inside the property are mostly gravel and dirt and will be fine for most cars - unless it's wet - you'll need 4 wheel drive. Google Maps will do a great job of getting you to the South Entrance of the Old Mountain Way(Right of Way). Use the address 4010 Old Mountain Way when you head out there. Also, the road sign for Grassy Branch Rd. coming off of Birds Creek is now missing and it would be an easy turn to miss (if not using GPS nav). This is a gorgeous subdivision just waiting for you to develop it and make it your own. With endless potential it's the perfect property. Come see it today.
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
Building Description
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HOA Fee: 0
HOA Contact: NA
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Directions
Start as 4184 Birds Creek Rd (Mountain Machine & Welding). From Birds Creek Rd. turn onto Grassy Branch Rd. (sign is missing so it's easy to miss turn) and drive for 1.6 miles and then turn left onto Grassy Branch Loop. Drive 0.1 miles and veer to the left of Grassy Branch Loop. Stay on Grassy Branch Loop for 0.5 miles and then veer to the left at the fork onto Jims Way. Stay on Jims Way for 450ft. and then turn left onto Poplar Ridge Way. Stay on Poplar Ridge Way for 0.1 miles and you'll arrive at 4010 Old Mountain Way. Veer to the right to access the 15.85 acres. See pics on listing.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
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