349 Holly Ridge Road, Gatlinburg, TN 33738
$1,275,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
56,628
Status:
Closed
Current Price:
$1,275,000
List Date:
5/07/2021
Last Modified:
8/23/2024
Description
HERE IS AN IMPROVED AND ENLARGED HOTEL/MOTEL/CONDO SITE! Approx 1.30 ac. Walking distance to downtown Gatlinburg with views of the Anakeesta Roller Coaster and downtown Gatlinburg. Beautiful views at night! The walk to town is about .3 of a mile and is sidewalk all the way. Other condos and rentals in the area. Popular location was the former site of the Robert E Lee Hotel which burned in the fires of 2016. Current owner has increased the size of the lot with a recent purchase of additional land to allow for upgraded parking and building expansion. You can't find land like this anymore in Downtown Gatlinburg. Get it while it's HOT!
More Information MLS# 242332
Location, Tax, and Legal
Restrictive Covenants YN: No
Zoning: C-2
Zoning Entity: Gatlinburg
Parcel Number: 126 n e 021.00.000
Tax Lot: 00
Tax Annual Amount: 1331
Tax Year: 2019
Contract Information
Owner Name: Hahm
Listing Agreement: Exclusive Right To Sell
Current Price: $1,275,000
Original List Price: 1150000
Sold Price: $1,275,000
Status: Closed
Listing Contract Date: 2021-05-07
General Property Information
Lot Size Dimensions: see plat
Lot Size Acres: 1.3
Bonus Room YN: No
Sign On Property YN: No
Remarks and Miscellaneous
Public Remarks: HERE IS AN IMPROVED AND ENLARGED HOTEL/MOTEL/CONDO SITE! Approx 1.30 ac. Walking distance to downtown Gatlinburg with views of the Anakeesta Roller Coaster and downtown Gatlinburg. Beautiful views at night! The walk to town is about .3 of a mile and is sidewalk all the way. Other condos and rentals in the area. Popular location was the former site of the Robert E Lee Hotel which burned in the fires of 2016. Current owner has increased the size of the lot with a recent purchase of additional land to allow for upgraded parking and building expansion. You can't find land like this anymore in Downtown Gatlinburg. Get it while it's HOT!
Directions: Take traffic light six on parkway in Gatlinburg to left turn on cherokee orchard road, to top of where the concrete wall ends, turn right on E Holly Ridge Road up hill, property on right begins about telephone pole and suns almost to house down on right, currently fenced off somewhat and views the Anakeesta roller coaster
Status Change Information
Status Change Timestamp: 2021-08-19
Buyer Financing: Other
Major Change Timestamp: 2021-08-19T05:39:28Z
Major Change Type: Status Change
Price Change Timestamp: 2021-05-10T19:51:41Z
Purchase Contract Date: 2021-06-18
Close Date: 2021-08-19
Close Price: 1275000
Currently Not Used
Book/Page/Doc #: 4061, 706
Listing Terms
Fee Simple Improved: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Utilities
Cable Available: 1
Electricity Available: 1
High Speed Internet Available: 1
Internet Available: 1
Sewer Available: 1
Possible Use
Recreational: 1
Other: 1
Showing Requirements
Show Any Time: 1
Showing Instructions: See plat for correct size of lot, tax records may not reflect recent additions.
Location Tax and Legal
Street Number: 349
Street Name: Holly Ridge
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 33738
Property Sub Type: Other
MLS Area Major: Gatlinburg
Subdivision Name: Other
Property Features
Listing Terms: Fee Simple Improved
Possession: Close Of Escrow
Possible Use: Recreational; Other
Road Frontage Type: City Street
Road Surface Type: Paved
Utilities: Cable Available; Electricity Available; High Speed Internet Available; Internet Available; Sewer Available
Showing Requirements: Show Any Time
Listing Office:
Prime Mountain Properties, LLC
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.