realty-smokies

104 Oglewood Lane, Gatlinburg, TN 37738

$1,199,000
Property Type: Land Lot Size (sq. ft.): 287,060 Status: Pending
Current Price: $1,199,000 List Date: 7/27/2022 Last Modified: 9/10/2024

Overview

Description

INVESTORS AND DEVELOPERS! Grab this amazing opportunity and see this land today! 6+ acres with panoramic views of the Great Smoky Mountains. Only 1.5 miles from downtown Gatlinburg, this tract of land is perfect for development. Unrestricted, undeveloped and wooded, this land is zoned C-4 and has public electric, public water and public sewer available, which is an outstanding perk that is hard to find. A prime investment opportunity perfect for short term rental cabin development, a condominium complex, or your own private mountain estate. Located just off Hwy 321 (East Parkway) you are only minutes to downtown Gatlinburg, restaurants, hiking trails, the Great Smoky Mountains National Park entrance and attractions. Nice wooded mountain setting provides plenty of privacy, an abundance of wildlife and the views are stunning. Must see! *Note drone photography has been used in this listing.

Listing Details MLS# 253126

General Property Information

Lot Size Acres
6.59
Sign On Property YN
Yes
View YN
Yes
List Price/Acre
181942.34

Property Features

Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Mountainous; Sloped; Wooded Possession: Close Of Escrow; Other Possible Use: Multi-Family; Single Family; Subdevelopment Road Frontage Type: City Street Road Surface Type: Paved Utilities: Sewer Available View: Mountain(s) Water Source: Public Showing Requirements: Call Listing Agent; Show Any Time; See Remarks

Location Tax and Legal

Street Number
104
Street Name
Oglewood
Street Suffix
Lane
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Unimproved Land
MLS Area Major
Gatlinburg
Subdivision Name
Other

Contract Information

Original List Price
1199000
Listing Contract Date
2022-07-27
Owner Name
Brett David Ogle
Listing Agreement
Exclusive Right To Sell
Association YN
No

Remarks and Miscellaneous

Public Remarks
INVESTORS AND DEVELOPERS! Grab this amazing opportunity and see this land today! 6+ acres with panoramic views of the Great Smoky Mountains. Only 1.5 miles from downtown Gatlinburg, this tract of land is perfect for development. Unrestricted, undeveloped and wooded, this land is zoned C-4 and has public electric, public water and public sewer available, which is an outstanding perk that is hard to find. A prime investment opportunity perfect for short term rental cabin development, a condominium complex, or your own private mountain estate. Located just off Hwy 321 (East Parkway) you are only minutes to downtown Gatlinburg, restaurants, hiking trails, the Great Smoky Mountains National Park entrance and attractions. Nice wooded mountain setting provides plenty of privacy, an abundance of wildlife and the views are stunning. Must see! *Note drone photography has been used in this listing.
Directions
From Pigeon Forge heading toward the Spur, head East into Gatlinburg and turn left at red light #3 onto East Parkway (Hwy 321). Proceed .9 miles and turn left onto West Ogle Drive. The turn is just before the Little House of Pancakes on the corner. Proceed on Oglewood Lane .4 miles and turn left onto Pinnacle Cottage Way. Take to the end of the street. There are several rental cabins on the left. The parcel is just past the last cabin on the left.

Status Change Information

Major Change Timestamp
2022-07-27T06:47:35Z
Major Change Type
New Listing
Status Change Timestamp
2022-12-26
Purchase Contract Date
2022-12-26
Anticipated Closing Date
2023-03-21

More Information

Showing Requirements

Showing Instructions
Please text Listing Agent at 865-415-1045 to advise you are showing and get additional driving directions. Tax data shows this property is 5.91 acres and zoned R-1, however, the Gatlinburg Planning and Zoning Dept. advises the land is 6.59 acres and zoned C-4. See Gatlinburg Zoning Map in associated documents. Seller working on clearing a path to walk on land. Some areas could be steep but are unknown. An updated survey should be conducted to determine the exact acreage. As with all Real Estate transactions you should verify all information independently. Verify flood zone information. Buy Title Insurance, have a survey and all other needed inspections done. Most information taken from tax records, Gatlinburg Planning Department and seller and is not verified by listing agents/company.
Call Listing Agent
Yes
Show Any Time
Yes
See Remarks
Yes

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
C-4
Zoning Entity
Gatlinburg
Parcel Number
127H A 020.00
Tax Lot
0000
Book/Page/Doc #
284, 4478
Tax Annual Amount
883.4
Tax Year
2019

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Mountainous
Yes
Sloped
Yes
Wooded
Yes

Possession

Close Of Escrow
Yes
Other
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Utilities

Sewer Available
Yes

View

Mountain(s)
Yes

Water Source

Public
Yes

Possible Use

Multi-Family
Yes
Single Family
Yes
Subdevelopment
Yes

Septic Approved/Permit

None
Yes
Listing Office: Real Broker
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.