Gatlinburg, TN 37738,130 Mills Park Rd
Gatlinburg, TN 37738,130 Mills Park Rd
Gatlinburg, TN 37738,130 Mills Park Rd
Gatlinburg, TN 37738,130 Mills Park Rd
Gatlinburg, TN 37738,130 Mills Park Rd
Gatlinburg, TN 37738,130 Mills Park Rd
See all 24 photos

$1,050,000

$1,099,990

4.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6.71 Acres Lot


SOLD DATE : 10/26/2020

Key Details

Sold Price $1,050,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1129471

Lot Size 6.710 Acres

Property Description

Exclusive overnight, long term or business development opportunity in Gatlinburg! This prime piece of real estate is located next to Rocky Top Sports World, the Gatlinburg Community Center, a Gatlinburg Trolley Route, Mills Park, East Parkway (Hwy 321) and just a few miles from the main strip in Downtown Gatlinburg! This incredible property features C-2 Zoning, 6.71 acres of level to gently rolling land, City Sewer present throughout the property, partial underground power by S.C.E.S and City of Gatlinburg 6'' Water Tap with partial lines recently installed. A site plan consisting of 44 small footprint Cottages/Cabins is approved by the City of Gatlinburg. Or the overnight development opportunities are as numerous as your imagination: ranging from a traditional cabin resort, to treehouses and glamping sites, to enchanted castles or any whimsically styled lodging you are inspired to create as your legacy masterpiece in the Great Smoky Mountains! The easy drive in and out provides guests with the ability to enjoy riding the Trolley or driving themselves to Downtown Gatlinburg, shopping, dining, attractions, the National Park and more! Based on a cabin style resort, approx. annual gross rental projections range from $31-$48k per 1/1 unit, $34-50k per 2/2 unit and $43-64k per 3/3 unit. With the C-2 Zoning, this property is also suitable for the following with proper City of Gatlinburg planning approval: residential dwellings, stores & shops conducting retail business, personal, business & professional service; lodges, clubs, hotels, motels, restaurants, and similar services; Commercial Planned Unit Developments involving recreational uses & accompanying service uses such as theatres, mini golf courses, swimming pools, major amusements; Tourist Residence; Farmers Markets; auto sales; funeral homes, public buildings upon approval by the Planning Commission; semi-public buildings & uses; travel trailer parks; wholesale business, warehouses, storage yards & buildings; auto repair garages & similar operations. The property also currently has two small structures and the engineer's site plans, vacation rental projections & City of Gatlinburg zoning information are available upon request.

Location

State TN

County Sevier County - 27

Area 6.71

Zoning Zoned Commercial

Building

Lot Description Rolling, Corner Lot, Rolling Slope

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Your Home Sold Guaranteed Realty
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(865) 401-5520

olena@olenarurenko.com

308 N. Peters Road Suite 225, Knoxville, TN, 37922

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.