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2481 Happy Hollow Rd Road, Sevierville, TN 37862

$1,500,000
Property Type: Land Lot Size (sq. ft.): 1,309,849 Status: Closed
Current Price: $1,500,000 List Date: 5/08/2024 Last Modified: 7/23/2024

Description

Own your own subdivision! Incredible opportunity to purchase a whole subdivision with 30 lots. Creeksong Ridge features paved roads, underground electric, and peaceful and serine mountain views! Located in the heart of Wears Valley you can be at the Pigeon Forge Parkway in 20 minutes, national park in 15 min and Townsend in 15 minutes! The lots total 24.42 acres with a right of way included at 5.65 acres.

More Information MLS# 300902

Location, Tax, and Legal

Street Number: 2481 Street Name: Happy Hollow Rd Street Suffix: Road County: Sevier State: TN Zip Code: 37862 Zip +4: 8109 City/County: County Property Sub Type: Unimproved Land MLS Area Major: Wears Valley Restrictive Covenants YN: Yes Subdivision Name: N/A Zoning: A-1 Zoning Entity: Sevier County Parcel Number: 122 005.00 Tax Lot: N/A Book/Page/Doc #: 3306 Tax Annual Amount: 711.14 Tax Year: 2023 County Tax: 711.14

Contract Information

Current Price: $1,500,000 Original List Price: 1800000 Sold Price: $1,500,000 Status: Closed Listing Contract Date: 2024-05-08 Auction YN: No Owner Name: Kailash Holdings LLC Listing Agreement: Exclusive Right To Sell Exclusions YN: No Co-op Compensation $/%: 2.5% Dual Or Variable Rate Commission YN: No Occupancy: Either Association YN: No

General Property Information

Lot Size Acres: 30.07 Lot Size Source: Public Records List Price/Acre: 59860.33 Sold Price/Acre: 49883.6

Remarks and Miscellaneous

Public Remarks: Own your own subdivision! Incredible opportunity to purchase a whole subdivision with 30 lots. Creeksong Ridge features paved roads, underground electric, and peaceful and serine mountain views! Located in the heart of Wears Valley you can be at the Pigeon Forge Parkway in 20 minutes, national park in 15 min and Townsend in 15 minutes! The lots total 24.42 acres with a right of way included at 5.65 acres. Directions: From Parkway in Pigeon Forge take light #3 aka Wears Valley Rd / 321 S. Go approx 10 miles to RIGHT onto Happy Hollow Rd. Happy Hollow Rd (do not veer right onto S Clear Fork Rd), Go approximately 2.6 miles (just beyond the Homestead Entrance) to property entrance on RIGHT. See sign.

Status Change Information

Major Change Timestamp: 2024-07-23T19:05:16Z Major Change Type: Status Change Status Change Timestamp: 2024-07-23 Purchase Contract Date: 2024-05-26 Close Date: 2024-07-08 Close Price: 1500000 Buyer Financing: Conventional

Property Features

Current Use: Residential Development Status: Completed Electric: Underground Lot Features: Cul-De-Sac; Many Trees; Mountainous; Paved; Private; Sloped Utilities: Electricity Available Showing Requirements: See Remarks
Listing Office: Century 21 MVP
Last Updated: July - 23 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.