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*
Property Details
Property Features
Listing Office:
Office Name: Tennessee Elite Realty
Office Phone: (865) 280-4922
Lot Features
Lot Information:
Lot: Rolling/Hilly, Wooded
Lot Size: 6.46 Acres
Other
Directions Information:
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
Price Information
Listing Price Info
Price Summary:
List Price: $3,900,000
Tax Information:
Annual Amount: $1,388
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Sevierville, TN.
This property is $3.4M more than the Median Sold Price in Sevierville, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1281144
Listing Office:
Office Name: Tennessee Elite Realty
Office Phone: (865) 280-4922
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Sevierville Intermediate School
416 High St
Distance between this listing and this school4.14 miles
Public District Grades 3-5
5
/10
Catons Chapel Elementary School
3135 Catons Chapel Rd
Distance between this listing and this school4.19 miles
Public District Grades PK-6
3
/10
Pigeon Forge Primary School
1766 Waldens Creek Rd
Distance between this listing and this school5.79 miles
Public District Grades PK-3
Nearby Schools
4
/10
Pigeon Forge Junior High School
300 Wears Valley Rd
Distance between this listing and this school3.14 miles
Public District Grades 7-9
3
/10
Sevierville Middle School
520 High St
Distance between this listing and this school4.06 miles
Public District Grades 6-8
4
/10
New Center Elementary School
2701 Old Newport Hwy
Distance between this listing and this school7.14 miles
Public District Grades KG-8
Nearby Schools
5
/10
Pigeon Forge High School
414 Tiger Dr
Distance between this listing and this school3.23 miles
Public District Grades 10-12
5
/10
Sevier County High School
1200 Dolly Parton Pkwy
Distance between this listing and this school4.02 miles
Public District Grades 9-12
7
/10
Gatlinburg Pittman High School
150 Proffitt Rd
Distance between this listing and this school6.78 miles
The neighbors living near this home have an average income of $35,640. The majority of Sevierville, TN residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Sevierville, TN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Sevierville, TN?
Sevierville's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include rustic cabins, contemporary designs, and traditional brick homes. The market also features condominiums and townhouses, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a variety of development phases, with many homes dating back to the late 20th century, reflecting the town's growth during that period.
Is Sevierville, TN a good place to live?
Sevierville is celebrated for its small-town charm and proximity to natural attractions, including the Great Smoky Mountains National Park. The community prides itself on a family-friendly atmosphere and a strong sense of local heritage, with annual events that showcase regional music, crafts, and cuisine. The town's character is further enriched by its historical sites and the presence of local businesses that contribute to its unique identity.
Are things conveniently located in Sevierville, TN?
The community is served by a network of public schools, including several elementary, middle, and high schools, as well as private educational institutions that offer alternative learning environments. Healthcare services are accessible, with local clinics and a hospital that provides emergency care, outpatient services, and specialized medical treatments. Sevierville also boasts a public library system that supports lifelong learning and community engagement. Retail and dining options are abundant, ranging from local boutiques and eateries to well-known chains, reflecting both the town's culture and its appeal to visitors.
What does the transportation in Sevierville, TN look like?
Transportation in Sevierville includes a variety of options for residents and visitors. The town's layout facilitates private vehicle use, with a network of roads connecting to major highways for convenient regional travel. Public transportation services are available, offering routes that connect key areas of the town and surrounding attractions. The community's walkability varies by area, with the downtown district being particularly pedestrian-friendly. Ride-sharing services are operational in Sevierville, providing an alternative mode of transport for those without access to a private vehicle.
Frequently Asked Questions About 1217 Mccarter Hollow Rd
What is the listing price of this property?
The listing price of 1217 Mccarter Hollow Rd property is $3,900,000.
What type of property is this?
The property 1217 Mccarter Hollow Rd is land located in Sevierville, Tennessee, 37862.
Is this property for sale now?
Active Listing: 1217 Mccarter Hollow Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,388 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 8, 2021 for $650,000. (source: MLS/tax record).
How much acreage is this property?
The property 1217 Mccarter Hollow Rd is 6.46 acres.
Interested in 1217 Mccarter Hollow Rd? Let's connect.
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This home is located at 1217 Mccarter Hollow Rd in Sevierville, TN and zip code 37862. This home sits on a 6.46 acre lot. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $3,900,000.
In November 2024 more than 5 listings in Sevierville, TN were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 24 were sold below. The number of homes for sale in Sevierville, TN increased by 7.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 69 days, the median list price was $475,000.
From Rocket Homes Real Estate and based on county public records data.