2570 Herb Ownby Way, Sevierville, TN 37862
$4,430,000
Property Type:
Land
Lot Size (sq. ft.):
6,202,944
Status:
Closed
Current Price:
$4,430,000
List Date:
7/16/2022
Last Modified:
9/10/2024
Description
142 acres of beautiful rolling land with fantastic views of Cove Mountain and Wears Valley. Excellent location for family farm or subdivision on the Pigeon Forge side of Wears Valley. 750 feet of frontage on Valley View Road plus another 330 feet on Little Cove Road. Public water available at Little Cove Rd. Pristine Cove Creek plus several feeder streams on the property with only a small portion of the property in floodplain. Preliminary development plans for 80 unit subdivision available. Approximately 80 acres pasture and 60 acres wooded. Several houses and barns on the property that may, or may not, be salvageable. Some of the photos were shot from a Drone.
More Information MLS# 251951
Location, Tax, and Legal
Restrictive Covenants YN: No
Zoning: R-1
Zoning Entity: Sevier County
Parcel Number: 114 061.00
Tax Lot: 809.02/2
Book/Page/Doc #: 5877, 1521032300
Tax Annual Amount: 594.59
Tax Year: 2021
Contract Information
Owner Name: Wu Ventures I LLC
Association YN: No
Current Price: $4,430,000
Original List Price: 4500000
Sold Price: $4,430,000
Status: Closed
Listing Contract Date: 2022-07-16
General Property Information
Lot Size Acres: 142.4
Sign On Property YN: Yes
View YN: Yes
List Price/Acre: 31601.12
Sold Price/Acre: 31109.55
Remarks and Miscellaneous
Public Remarks: 142 acres of beautiful rolling land with fantastic views of Cove Mountain and Wears Valley. Excellent location for family farm or subdivision on the Pigeon Forge side of Wears Valley. 750 feet of frontage on Valley View Road plus another 330 feet on Little Cove Road. Public water available at Little Cove Rd. Pristine Cove Creek plus several feeder streams on the property with only a small portion of the property in floodplain. Preliminary development plans for 80 unit subdivision available. Approximately 80 acres pasture and 60 acres wooded. Several houses and barns on the property that may, or may not, be salvageable. Some of the photos were shot from a Drone.
Directions: Wears Valley Road to Valley View Road. Gravel access drive will be on left one block from Wears Valley Rd
Status Change Information
Status Change Timestamp: 2022-10-28
Buyer Financing: Conventional
Anticipated Closing Date: 2022-10-28
Major Change Timestamp: 2022-10-28T06:47:27Z
Major Change Type: Status Change
Purchase Contract Date: 2022-07-20
Close Date: 2022-10-28
Close Price: 4430000
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Flood Plains: 1
Rolling Slope: 1
Wooded: 1
Other Structures
Barn(s): 1
Outbuilding: 1
Possession
Close Of Escrow: 1
Road Frontage Type
County Road: 1
Road Frontage Length: 1080'
Road Surface Type
Paved: 1
Sewer
Septic Needed: 1
Utilities
High Speed Internet Available: 1
View
Mountain(s): 1
Water Source
Public: 1
Well: 1
Waterfront Features
Creek: 1
Stream: 1
Land Details
Pasture Area: 80
Wooded Area: 62
Possible Use
Manufactured Home: 1
Single Family: 1
Septic Approved/Permit
None: 1
Showing Requirements
Call Listing Agent: 1
Showing Instructions: Call agent with questions or to schedule access, 865-307-0173. Guided tours on side-by-side provided with notice.
Location Tax and Legal
Street Number: 2570
Street Name: Herb Ownby
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Farm
MLS Area Major: Wears Valley
Subdivision Name: Other
Property Features
Listing Terms: Cash; Conventional
Lot Features: Cleared; Flood Plains; Rolling Slope; Wooded
Other Structures: Barn(s); Outbuilding
Possession: Close Of Escrow
Possible Use: Manufactured Home; Single Family
Road Frontage Type: County Road
Road Surface Type: Paved
Sewer: Septic Needed
Utilities: High Speed Internet Available
View: Mountain(s)
Water Source: Public; Well
Waterfront Features: Creek; Stream
Showing Requirements: Call Listing Agent
Listing Office:
Re/Max First
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.