1860 Cedar Cove Way, Dandridge, TN 37725

$945,000
Property Type: Land Lot Size (sq. ft.): 557,568 Status: Closed
Current Price: $945,000 List Date: 3/08/2024 Last Modified: 9/12/2024

Overview

Description

Great business opportunity on Douglas Lake. Existing campground with growth potential for a full marina and rental business. This property is located only a couple miles outside of downtown Dandridge on Chestnut Hill Road, a major artery between Dandridge and Sevierville. Just minutes to ALL area attractions like Dollywood, Splash Country, Pigeon Forge, Gatlinburg, and the Great Smoky Mountain National Park. An estimated 12 million to 15 million visitors come to our area (Sevier County / Jefferson County Region) to play in the mountains and on Douglas Lakes nearly 30,000 acres of public water. This is PRISTINE PROPERTY! There are 10 active RV rentals on the property as well as the owner's personal residence. There is a bathhouse on the property for the campers. Breath-taking lake frontage and mountain views all around this property. This would make a fantastic place to have boats, kayaks, canoes, paddleboards as well as other watercraft to rent and store! Take advantage of t ...

Listing Details MLS# 268803

General Property Information

Lot Size Acres
12.8
Sign On Property YN
No
View YN
Yes
List Price/Acre
77734.38
Sold Price/Acre
73828.13

Property Features

Lot Features: Gentle Sloping; Level Possession: Close Of Escrow Possible Use: Multi-Family; Residential Road Surface Type: Gravel Sewer: Private Sewer View: Lake Water Source: Well Waterfront Features: Lake Front Showing Requirements: Call Listing Agent; Call Listing Office

Location Tax and Legal

Street Number
1860
Street Name
Cedar Cove
Street Suffix
Way
County
Jefferson
State
TN
Zip Code
37725
Property Sub Type
Unimproved Land
MLS Area Major
Douglas Lake
Subdivision Name
Other

Contract Information

Original List Price
995000
Listing Contract Date
2024-03-08
Owner Name
Rose Taylor
Listing Agreement
Exclusive Right To Sell
Association YN
No

Remarks and Miscellaneous

Public Remarks
Great business opportunity on Douglas Lake. Existing campground with growth potential for a full marina and rental business. This property is located only a couple miles outside of downtown Dandridge on Chestnut Hill Road, a major artery between Dandridge and Sevierville. Just minutes to ALL area attractions like Dollywood, Splash Country, Pigeon Forge, Gatlinburg, and the Great Smoky Mountain National Park. An estimated 12 million to 15 million visitors come to our area (Sevier County / Jefferson County Region) to play in the mountains and on Douglas Lakes nearly 30,000 acres of public water. This is PRISTINE PROPERTY! There are 10 active RV rentals on the property as well as the owner's personal residence. There is a bathhouse on the property for the campers. Breath-taking lake frontage and mountain views all around this property. This would make a fantastic place to have boats, kayaks, canoes, paddleboards as well as other watercraft to rent and store! Take advantage of the tourism that is already in place and live and work in your own private paradise! Have lots of friends and family with RV's ? Make this your personal and private compound just for family and friends and enjoy all of the amenities in this area. Call today and make an appointment to view this once in a lifetime opportunity and property. YOU WILL NOT BE DISAPPOINTED!
Directions
From Downtown Dandridge take HWY 92 S / Chestnut Hill Road South across the bridge towards Chestnut Hill for 2.7 miles. Turn right on Cedar Cove Way. Take road to the end. Important to have the survey with you!

Status Change Information

Major Change Timestamp
2024-06-24T20:05:42Z
Major Change Type
Status Change
Status Change Timestamp
2024-06-24
Purchase Contract Date
2024-03-27
Close Date
2024-06-24
Close Price
945000
Buyer Financing
Other
Anticipated Closing Date
2024-05-24

More Information

Showing Requirements

Showing Instructions
Call or text Mark Jackson at 865-548-4215. Special code to access the house. Thank you in advance!
Call Listing Agent
Yes
Call Listing Office
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
A-1
Zoning Entity
Jefferson County
Tax Lot
No
Book/Page/Doc #
211, 417
Tax Annual Amount
703
Tax Year
2022

Lot Features

Gentle Sloping
Yes
Level
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Gravel
Yes

Sewer

Private Sewer
Yes

View

Lake
Yes

Water Source

Well
Yes

Waterfront Features

Lake Front
Yes

Possible Use

Multi-Family
Yes
Residential
Yes
Listing Office: Jackson Real Estate and Auction
Last Updated: September - 12 - 2024
Information deemed reliable but not guaranteed.