Lot 3 Cove Mountain Road Road, Gatlinburg, TN 37738
$1,999,000
Property Type:
Land
Lot Size (sq. ft.):
842,015
Status:
Active
Current Price:
$1,999,000
List Date:
6/30/2025
Last Modified:
9/11/2025
Description
Exceptional Investment Opportunity in the Smoky Mountains Strategically positioned just off the renowned Gatlinburg Spur, this nearly 20-acre parcel presents a rare opportunity for investors and developers seeking premium real estate in one of the region's most sought-after locations. With commanding, unobstructed views of the Smoky Mountains in every direction, this property offers unmatched potential for a high-end development, luxury rental community, or exclusive private estate. Its prime location ensures seamless access to both Gatlinburg and Pigeon Forge, combining the convenience of major attractions with the serenity of a mountain retreat. Featuring rolling terrain and panoramic vistas, this property is primed for a visionary project. Preliminary plans proposed an 8-lot development, though final county approval will be required. This is an outstanding opportunity for investors looking to capitalize on the area's booming tourism and real estate market.
More Information MLS# 307181
Location, Tax, and Legal
Restrictive Covenants YN: No
Zoning: R-1
Zoning Entity: Sevier County
Parcel Number: 116 042.00
Tax Lot: 3
Book/Page/Doc #: 6113/706
Tax Annual Amount: 2957.04
Tax Year: 2024
Contract Information
Auction YN: No
Owner Name: High Ridge Properties GP
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: No
Current Price: $1,999,000
Original List Price: 1999000
List Price: $1,999,000
Status: Active
Listing Contract Date: 2025-06-27
Currently Not Used
Sold Before Listed: No
General Property Information
Lot Size Acres: 19.33
Lot Size Source: Assessor
Planned Unit Development (PUD): No
View YN: Yes
List Price/Acre: 103414.38
Remarks and Miscellaneous
Public Remarks: Exceptional Investment Opportunity in the Smoky Mountains Strategically positioned just off the renowned Gatlinburg Spur, this nearly 20-acre parcel presents a rare opportunity for investors and developers seeking premium real estate in one of the region's most sought-after locations. With commanding, unobstructed views of the Smoky Mountains in every direction, this property offers unmatched potential for a high-end development, luxury rental community, or exclusive private estate. Its prime location ensures seamless access to both Gatlinburg and Pigeon Forge, combining the convenience of major attractions with the serenity of a mountain retreat. Featuring rolling terrain and panoramic vistas, this property is primed for a visionary project. Preliminary plans proposed an 8-lot development, though final county approval will be required. This is an outstanding opportunity for investors looking to capitalize on the area's booming tourism and real estate market.
Directions: on the spur headed to Gatlinburg, take a right onto Cove Mtn Rd, follow to the top see sign at the road.
Status Change Information
Status Change Timestamp: 2025-06-30
Major Change Timestamp: 2025-06-30T21:43:48Z
Major Change Type: New Listing
Documents
TN Confirmation of Agency: 1
Lot Features
See Remarks: 1
Possession
Close Of Escrow: 1
Sewer
Septic Needed: 1
View
Mountain(s): 1
Water Source
None: 1
Possible Use
Single Family: 1
Subdivision: 1
Showing Requirements
See Remarks: 1
Location Tax and Legal
Street Number: Lot 3
Street Name: Cove Mountain Road
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Unimproved Land
MLS Area Major: Gatlinburg
Subdivision Name: Cold Springs
Property Features
Documents: TN Confirmation of Agency
Lot Features: See Remarks
Possession: Close Of Escrow
Possible Use: Single Family; Subdivision
Sewer: Septic Needed
View: Mountain(s)
Water Source: None
Showing Requirements: See Remarks
Documents
TN Confirmation of Agency ›
Listing Office:
Century 21 MVP
Last Updated: September - 11 - 2025
Information deemed reliable but not guaranteed.