Gatlinburg, TN 37738,304 Hemlock ST
Gatlinburg, TN 37738,304 Hemlock ST
Gatlinburg, TN 37738,304 Hemlock ST
Gatlinburg, TN 37738,304 Hemlock ST
Gatlinburg, TN 37738,304 Hemlock ST
Gatlinburg, TN 37738,304 Hemlock ST
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Listed by David Gothard • NAI Koella | RM Moore

$1,000,000

$1,300,000

23.1%
Est.Price: ?

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Est. payment /mo

4.39 Acres Lot


SOLD DATE : 10/31/2022

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Smokey Heights

MLS Listing ID 211167

Sold Date 10/31/22

HOA Y/N No

Originating Board Great Smoky Mountains Association of REALTORS®

Annual Tax Amount $2,327

Tax Year 2016

Lot Size 4.390 Acres

Acres 4.39

Property Description

This Smoky Mountains resort city property is offered for sale, fee simple. It consists of 0.6 acres of commercially-zoned land with 340 feet of frontage on the West Prong of the Little Pigeon River, and 3.79 acres of commercially-zoned land directly across a small city street from the riverfront property. The riverfront land is improved with a 1930's-era log cabin which is currently rented. The property is easily accessed from the Parkway (US 441) as one enters the mountain resort city of Gatlinburg from Pigeon Forge. It seems best suited for hotel or resort development. Much of the property is mountainous, so it will require considerable site work. The owner had architectural plans drawn up some years ago for a large resort area hotel property and he will provide these to the new owner. However, all permits and site approval work will be the new owner's responsibility. Some parcels are partially in flood hazard area.

Location

State TN

County Sevier

Zoning C-2

Direction From Pigeon Forge, go south on the Parkway (US 441) to Gatlinburg. Turn right onto Laurel Avenue beside the Rocky Waters Motel. Go across the bridge and immediately turn left onto Hemlock Street. Property starts on the right.

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront No

Street Surface Paved

Road Frontage City Street

Others

Acceptable Financing Cash, Conventional, Fee Simple Unimproved

Listing Terms Cash, Conventional, Fee Simple Unimproved

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