104 Oglewood Lane, Gatlinburg, TN 37738

$1,199,000
Property Type: Land Lot Size (sq. ft.): 287,060 Status: Pending
Current Price: $1,199,000 List Date: 7/27/2022 Last Modified: 9/10/2024

Description

INVESTORS AND DEVELOPERS! Grab this amazing opportunity and see this land today! 6+ acres with panoramic views of the Great Smoky Mountains. Only 1.5 miles from downtown Gatlinburg, this tract of land is perfect for development. Unrestricted, undeveloped and wooded, this land is zoned C-4 and has public electric, public water and public sewer available, which is an outstanding perk that is hard to find. A prime investment opportunity perfect for short term rental cabin development, a condominium complex, or your own private mountain estate. Located just off Hwy 321 (East Parkway) you are only minutes to downtown Gatlinburg, restaurants, hiking trails, the Great Smoky Mountains National Park entrance and attractions. Nice wooded mountain setting provides plenty of privacy, an abundance of wildlife and the views are stunning. Must see! *Note drone photography has been used in this listing.

More Information MLS# 253126

Location, Tax, and Legal

Restrictive Covenants YN: No Zoning: C-4 Zoning Entity: Gatlinburg Parcel Number: 127H A 020.00 Tax Lot: 0000 Book/Page/Doc #: 284, 4478 Tax Annual Amount: 883.4 Tax Year: 2019

Contract Information

Owner Name: Brett David Ogle Listing Agreement: Exclusive Right To Sell Association YN: No Current Price: $1,199,000 Original List Price: 1199000 List Price: $1,199,000 Status: Pending Listing Contract Date: 2022-07-27

General Property Information

Lot Size Acres: 6.59 Sign On Property YN: Yes View YN: Yes List Price/Acre: 181942.34

Remarks and Miscellaneous

Public Remarks: INVESTORS AND DEVELOPERS! Grab this amazing opportunity and see this land today! 6+ acres with panoramic views of the Great Smoky Mountains. Only 1.5 miles from downtown Gatlinburg, this tract of land is perfect for development. Unrestricted, undeveloped and wooded, this land is zoned C-4 and has public electric, public water and public sewer available, which is an outstanding perk that is hard to find. A prime investment opportunity perfect for short term rental cabin development, a condominium complex, or your own private mountain estate. Located just off Hwy 321 (East Parkway) you are only minutes to downtown Gatlinburg, restaurants, hiking trails, the Great Smoky Mountains National Park entrance and attractions. Nice wooded mountain setting provides plenty of privacy, an abundance of wildlife and the views are stunning. Must see! *Note drone photography has been used in this listing. Directions: From Pigeon Forge heading toward the Spur, head East into Gatlinburg and turn left at red light #3 onto East Parkway (Hwy 321). Proceed .9 miles and turn left onto West Ogle Drive. The turn is just before the Little House of Pancakes on the corner. Proceed on Oglewood Lane .4 miles and turn left onto Pinnacle Cottage Way. Take to the end of the street. There are several rental cabins on the left. The parcel is just past the last cabin on the left.

Status Change Information

Status Change Timestamp: 2022-12-26 Anticipated Closing Date: 2023-03-21 Major Change Timestamp: 2022-07-27T06:47:35Z Major Change Type: New Listing Purchase Contract Date: 2022-12-26

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Mountainous: 1 Sloped: 1 Wooded: 1

Possession

Close Of Escrow: 1 Other: 1

Road Frontage Type

City Street: 1

Road Surface Type

Paved: 1

Utilities

Sewer Available: 1

View

Mountain(s): 1

Water Source

Public: 1

Possible Use

Multi-Family: 1 Single Family: 1 Subdevelopment: 1

Septic Approved/Permit

None: 1

Showing Requirements

Call Listing Agent: 1 Show Any Time: 1 Showing Instructions: Please text Listing Agent at 865-415-1045 to advise you are showing and get additional driving directions. Tax data shows this property is 5.91 acres and zoned R-1, however, the Gatlinburg Planning and Zoning Dept. advises the land is 6.59 acres and zoned C-4. See Gatlinburg Zoning Map in associated documents. Seller working on clearing a path to walk on land. Some areas could be steep but are unknown. An updated survey should be conducted to determine the exact acreage. As with all Real Estate transactions you should verify all information independently. Verify flood zone information. Buy Title Insurance, have a survey and all other needed inspections done. Most information taken from tax records, Gatlinburg Planning Department and seller and is not verified by listing agents/company. See Remarks: 1

Location Tax and Legal

Street Number: 104 Street Name: Oglewood Street Suffix: Lane County: Sevier State: TN Zip Code: 37738 Property Sub Type: Unimproved Land MLS Area Major: Gatlinburg Subdivision Name: Other

Property Features

Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Mountainous; Sloped; Wooded Possession: Close Of Escrow; Other Possible Use: Multi-Family; Single Family; Subdevelopment Road Frontage Type: City Street Road Surface Type: Paved Utilities: Sewer Available View: Mountain(s) Water Source: Public Showing Requirements: Call Listing Agent; Show Any Time; See Remarks
Listing Office: Real Broker
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.