3 months on rocket

TRACTS123 Mcmahan Rd, Pigeon Forge, TN, 37863

$1,199,000

11.88 Acres
Land

Location

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Property Highlights

Home TypeOther
WaterfrontPond
MLS #1275600
Lot Size11.88 Acres
StatusActive

About TRACTS123 Mcmahan Rd

Presenting a once in a lifetime development opportunity in the heart of Pigeon Forge. This 11.88-acre property has an approved PUD with the city of Pigeon Forge with up to 73 Units! It is Zoned R2, which has numerous possibilities and allows for Short Term Rentals. Underground Public Utility Water, Sewer and Electric are available at McMahan Rd. This property offers acres of level to rolling ground, beautiful woods, hollows, mountain view, privacy, small pond, and an active well. The property's ideal location puts it less than 1 mile to the parkway, 3 miles to The Island, and 10 miles to the Gatlinburg entrance of the Great Smoky Mountains National Park. The Gatlinburg/Pigeon Forge Golf Course fairway and Dollywood are just a stone's throw to the west. This property is perfect for builders, developers, or investors looking to get into the Smoky Mountains vacation market. Years worth of planning, engineering and city reviews/approvals are completed and offered with this sale. This is a shovel-ready project, saving the new owner much expense and years of time. Recent survey and PUD plans are available for review. Three parcels are combined for this sale: also includes parcel numbers 017.00 and 019.00. One of the sellers has a real estate license. Schedule your guided tour today!

Property Details

Property Features

Listing Office:

  • Office Name: ReMax First
  • Office Phone: (865) 981-1004

Exterior Features

Exterior Information:

  • Waterfront: Pond

Lot Features

Lot Information:

  • Lot: Pond, Rolling/Hilly, Wooded
  • Lot Size: 11.88 Acres

Other

Directions Information:

  • Directions: From the Parkway (US 441) in Pigeon Forge headed toward Gatlinburg, turn left onto Golf Road. Cross the bridge over the Little Pigeon River, then take an immediate Left onto Valley View Road. Bear Right onto McMahan Rd. and go approximately 1/2 mile to gravel road entrance at Evans Rd street sign. See for sale sign at entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
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Housing Market Comparison

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

Med. Sold Price

$553K

Med. Price/SqFt

$352

Avg. Days On Market

57

# of Sold Homes

7

TRACTS123 Mcmahan Rd vs Pigeon Forge

102 DAYS ON ROCKET

+45 Days

$1,199,000

+$646K More

KEY TAKEAWAY

This property is $646K 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: #1275600

Listing Office:

  • Office Name: ReMax First
  • Office Phone: (865) 981-1004

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: 12/18/2024, 6:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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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-4424794
4
/10
  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 4.94 miles

  • Public District Grades PK-6

school-card-donut-4424795
3
/10
  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 5.00 miles

  • Public District Grades PK-3

school-card-donut-4424796
5
/10
  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 5.16 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About TRACTS123 Mcmahan Rd

What is the listing price of this property?

The listing price of TRACTS123 Mcmahan Rd property is $1,199,000.

What type of property is this?

The property TRACTS123 Mcmahan Rd is land located in Pigeon Forge, Tennessee, 37863.

Is this property for sale now?

Active Listing: TRACTS123 Mcmahan Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property TRACTS123 Mcmahan Rd is 11.88 acres.
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Rocket HomesTennesseeSevier CountyPigeon Forge37863TRACTS123 Mcmahan Rd

This home is located at TRACTS123 Mcmahan Rd in Pigeon Forge, TN and zip code 37863. This home sits on a 11.88 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $1,199,000.

In November 2024 more than 0 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 7 were sold below. The number of listings in Pigeon Forge, TN increased by 2.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 57 days, the median list price was $553,000.

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

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