0 Fontaine Way, Gatlinburg, TN 37738
$940,000
Property Type:
Land
Lot Size (sq. ft.):
127,631
Status:
Closed
Current Price:
$940,000
List Date:
2/08/2025
Last Modified:
3/27/2025
Description
Rare Development Opportunity in the Heart of Gatlinburg!
This fully approved 8-lot Planned Unit Development (PUD) is an absolute gem—opportunities like this don't come around often! Sitting just under 3 acres, this flat and build-ready property is nestled in one of the most sought-after areas of Gatlinburg, surrounded by newly constructed luxury cabins. With the property coming fully paved and a full water and sewer system already installed, the groundwork is set for a seamless development process.
The only restrictions are those set by the city's zoning regulations, giving you the flexibility to bring your vision to life in one of America's top tourist destinations. In a market where prime, ready-to-build land is nearly impossible to find, this property stands out as a truly rare investment opportunity.
More Information MLS# 304802
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: CITY
Zoning Entity: Pittman Center
Parcel Number: 110G A 012.01
Tax Lot: -
Tax Annual Amount: 832.49
Tax Year: 2023
City Tax: 250.11
County Tax: 582.38
Contract Information
Auction YN: No
Owner Name: Boulder Creek Holdings LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: No
Current Price: $940,000
Original List Price: 980000
Sold Price: $940,000
Status: Closed
Listing Contract Date: 2025-02-06
Currently Not Used
Sold Before Listed: No
General Property Information
Lot Size Acres: 2.93
Sign On Property YN: Yes
Planned Unit Development (PUD): Yes
List Price/Acre: 334470.99
Sold Price/Acre: 320819.11
Remarks and Miscellaneous
Public Remarks: Rare Development Opportunity in the Heart of Gatlinburg!
This fully approved 8-lot Planned Unit Development (PUD) is an absolute gem—opportunities like this don't come around often! Sitting just under 3 acres, this flat and build-ready property is nestled in one of the most sought-after areas of Gatlinburg, surrounded by newly constructed luxury cabins. With the property coming fully paved and a full water and sewer system already installed, the groundwork is set for a seamless development process.
The only restrictions are those set by the city's zoning regulations, giving you the flexibility to bring your vision to life in one of America's top tourist destinations. In a market where prime, ready-to-build land is nearly impossible to find, this property stands out as a truly rare investment opportunity.
Directions: Head east on Dolly Parton Pkwy toward Industrial Park Rd, Turn right onto Old Tennessee 35 N, Continue onto TN-416 S/Pittman Center Rd, Continue straight onto TN-454, Turn left onto US-321 N/East Pkwy/Parkway, Turn left onto Fontaine Way
Status Change Information
Status Change Timestamp: 2025-03-27
Buyer Financing: Cash
Anticipated Closing Date: 2025-03-20
Major Change Timestamp: 2025-03-27T13:20:23Z
Major Change Type: Status Change
Purchase Contract Date: 2025-02-13
Close Date: 2025-03-20
Close Price: 940000
Current Use
Unimproved: 1
Documents Available
Property Disclosure: 1
Survey: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Level: 1
Paved: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Sewer
Public Sewer: 1
Utilities
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Development Status
See Remarks: 1
Possible Use
Development: 1
Showing Requirements
Show Any Time: 1
Location Tax and Legal
Street Name: Fontaine
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Unimproved Land
MLS Area Major: Pittman Center
Subdivision Name: Other
Property Features
Current Use: Unimproved
Development Status: See Remarks
Documents Available: Property Disclosure; Survey
Listing Terms: Cash; Conventional
Lot Features: Level; Paved
Possession: Close Of Escrow
Possible Use: Development
Road Surface Type: Paved
Sewer: Public Sewer
Utilities: Sewer Connected; Water Connected
Water Source: Public
Showing Requirements: Show Any Time
Documents
Exemption ›
Listing Office:
Smoky Mountain Real Estate Cor
Last Updated: March - 27 - 2025
Information deemed reliable but not guaranteed.