$500,000
$500,000
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0.88 Acres Lot
SOLD DATE : 06/29/2022
Key Details
Sold Price $500,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Chalet Village North
MLS Listing ID 244934
Sold Date 06/29/22
HOA Fees $26/ann
HOA Y/N Yes
Originating Board Great Smoky Mountains Association of REALTORS®
Annual Tax Amount $285
Tax Year 2019
Lot Size 0.880 Acres
Acres 0.88
Property Description
Super rare lot with a legitimate 12 bedroom installed septic system. Located on Wiley Oakley Drive with an excellent eastern view of the mountains. Level parking deck installed from the home that once occupied the property, known as "Twin Cedar Lodge." Less than half a mile to the pools and tennis courts at the Owner's Club of Chalet Village. 12 bedroom cabin rentals are known to produce well into the $300Ks when properly outfitted and constructed, particularly when in a prime location such as this. Only around 2 miles to downtown Gatlinburg. Buyer to perform their own due-diligence, sold "as is."
Location
State TN
County Sevier
Zoning R-1
Direction From Downtown Gatlinburg Head towards Ski Mountain Rd. then Turn Right onto Ski Mountain Rd. In approximately 1.6 miles Turn Right onto Wiley Oakley Dr. At the 4-way Stop head Straight onto Cliff Branch Rd. Follow Cliff Branch Rd. then at Stop Sign, Turn Right onto Wiley Oakley Dr. 611 Wiley Oakley Dr. is on your Right.
Exterior
Utilities Available Cable Available, High Speed Internet Available
Amenities Available Clubhouse, Pool, Tennis Court(s)
Waterfront No
View Y/N Yes
View Mountain(s)
Street Surface Paved
Road Frontage County Road
Building
Lot Description Cleared, Sloped, Steep Slope
Sewer Septic Permit On File, None
Water Public
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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