4 months on rocket

820 Old Gate Rd, Pigeon Forge, TN, 37863

$7,500,000

16.22 Acres
Land

Location

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Property Highlights

Home TypeOther
WaterfrontOther
ViewTrees/Woods
MLS #1268331
Lot Size16.22 Acres
StatusActive

About 820 Old Gate Rd

DEVELOPERS AND BUILDERS! This property is what you have been waiting for! 16.22 Acres In The Heart of Pigeon Forge, just a short walk from the Parkway, and directly beside Camp Margaritaville RV Resort & Lodge. Property is currently zoned R-2, just waiting for you to build your hotel, cabin development, mixed residential, high density, or mobile home / RV park. You could even build your dream home on your own private estate. All of the essential utilities are in place including water, sewer, and electric onsite and ready for your plans. Only minutes from Dollywood, Tanger Outlets, and all of the fun and attractions that Pigeon Forge has to offer. It's only a short distance to Gatlinburg, and the Great Smoky Mountain National Park too. This property also has two existing cabins that are currently occupied, used as long-term rentals. Cabin #1 is a 3-bedroom, 2-bath, and Cabin #2 is a 2- bedroom, 2-bath. Property is currently taxed Agricultural. *Seller is willing to consider having the cabins split from the remaining acreage, and selling separately. *Drone photography used.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (865) 977-0770

Exterior Features

Exterior Information:

  • Waterfront: Other
  • View: Trees/Woods

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Wooded, Other
  • Lot Size: 16.22 Acres

Other

Directions Information:

  • Directions: From Tanger Outlet go south on the Parkway for approx. 5 miles. Take a left on Cates Ln, go left on Hitching Post Rd, and then right on Old Gate Ln. Go straight to the gate at the end of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,500,000

Tax Information:

  • Annual Amount: $2,318
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pigeon Forge, TN.

Med. Sold Price

$550K

Med. Price/SqFt

$352

Avg. Days On Market

74

# of Sold Homes

11

820 Old Gate Rd vs Pigeon Forge

144 DAYS ON ROCKET

+70 Days

$7,500,000

+$6.9M More

KEY TAKEAWAY

This property is $6.9M more than the Median Sold Price in Pigeon Forge, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1268331

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (865) 977-0770

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,318$116,850
2019$2,318$112,550
2018$2,318$112,550
2017$2,318$112,550

History based on county public records data.

Payment Calculator

$37.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.5K

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NMLS#3030

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.

Nearby Schools

school-card-donut-1012928
4
/10
  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 4.82 miles

  • Public District Grades PK-6

school-card-donut-1012929
5
/10
  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 4.83 miles

  • Public District Grades PK-6

school-card-donut-1012930
3
/10
  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 5.34 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,869. The majority of Pigeon Forge, TN residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 820 Old Gate Rd

What is the listing price of this property?

The listing price of 820 Old Gate Rd property is $7,500,000.

What type of property is this?

The property 820 Old Gate Rd is land located in Pigeon Forge, Tennessee, 37863.

Is this property for sale now?

Active Listing: 820 Old Gate 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 $2,318 (source: MLS/based on county public records data).

How much acreage is this property?

The property 820 Old Gate Rd is 16.22 acres.
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Rocket HomesTennesseeSevier CountyPigeon Forge37863820 Old Gate Rd

This home is located at 820 Old Gate Rd in Pigeon Forge, TN and zip code 37863. This home sits on a 16.22 acre lot. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $7,500,000.

In October 2024 more than 2 listings in Pigeon Forge, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 9 were sold below. Between September 2024 and October 2024, Pigeon Forge, TN real estate market has seen increase in the number of listings by 4.8%. Listings spent 74 days on the market in October 2024, and had a median list price of $550,009 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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