Gatlinburg, TN 37738,729 Fox HOLW
Gatlinburg, TN 37738,729 Fox HOLW
Gatlinburg, TN 37738,729 Fox HOLW
Gatlinburg, TN 37738,729 Fox HOLW
Gatlinburg, TN 37738,729 Fox HOLW
Gatlinburg, TN 37738,729 Fox HOLW
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Listed by The Jason White Team • Century 21 Legacy GP

$140,000

$149,900

6.6%
Est.Price: ?

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Est. payment /mo

1.29 Acres Lot


SOLD DATE : 05/12/2022

Key Details

Sold Price $140,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Timber Ridge Cabins

MLS Listing ID 248575

Sold Date 05/12/22

HOA Fees $50/ann

HOA Y/N Yes

Originating Board Great Smoky Mountains Association of REALTORS®

Annual Tax Amount $229

Tax Year 2019

Lot Size 1.290 Acres

Acres 1.29

Property Description

729 Fox Hollow is a "Fire of 16" fire loss lot being offered on the market with a unique twist. The unique twist is Timber Ridge being a community of antique log homes that represent cabins built by early pioneers but with the modern conveniences demanded today. Cultural heritage blends with a great Gatlinburg location combined with high speed internet availability to provide potential solid rental returns. Buyers are to read the restrictions to understand details about a certain percentage of the cabin required to be constructed out of heirloom logs or the potential to source "retro" hand hewed logs. Buyers are encouraged to tour Timber Ridge Community to see examples of the type of construction required and to ascertain the potential of 729 Fox Hollow. In fact, Timber Ridge Community attained national attention via the DIY Network's Barn Builders "Out of the Ashes" episode. The cabin featured is 813 Old New Ground Road. What 729 Fox Hollow offers buyers is an existing 2-bedroom septic system and an existing well for your inspection. In addition, the property has flat and expansive parking area to ease construction staging. The old house seat is apparent and so is the view off what would once again be a back deck. The view is towards Mt Harrison with Blanket and Sugarland Mountains in the Smokies also visible. Another attractive feature is the route from Beech Branch over the hill via E Kings Ridge Road to reach the Dudley Creek Bypass, a favorite local route that avoids congested roads. This connection makes the location convenient to Highway 321/ East Parkway from the "Spur/ HWY 441". Realtors are encouraged to share HOA contact information plus HOA building regulations with clients to determine if a non-cookie cutter approach to an overnight rental, second home or owner-occupied residence is the correct option. The documents are uploaded in the Associated document section of the listing. HOA fees are $600/yearly. With the current lack of inventory on the Gatlinburg market for short termm rental use, 729 Fox Hollow is a value property worthy of consideration. Please have a look and decide if the Timber Ridge Community is the right choice for your investment future.

Location

State TN

County Sevier

Zoning R-1

Direction From Gatlinburg, take the \"Spur \"north to a right on Beech Branch Rd. Travel Beech Branch 1.1 mi. to entrance of Timber Ridge. From the Duck Pond veer left traveling uphill to 729 Fox Hollow on the left. The flat parking area will be obvious. The entry section of the drive is clear to park. However, walking to the house seat is required at this time due to fallen trees.

Exterior

Utilities Available Cable Available, High Speed Internet Available

Amenities Available Other

Waterfront No

View Y/N Yes

View Mountain(s)

Street Surface Paved

Road Frontage County Road

Building

Lot Description Mountainous, Rolling Slope, Wooded

Sewer Septic Tank, Septic Permit On File, None

Water Well

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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