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2525 Goldrush Road, Pigeon Forge, TN 37863

$14,900,000
Property Type: Residential Income Bedrooms: 67 Baths: 72 Square Footage: 53,562 Lot Size (sq. ft.): 1,775,506 Status: Active
Current Price: $14,900,000 List Date: 4/26/2024 Last Modified: 6/24/2024

Description

This unique short-term rental (STR) resort planned unit development (P.U.D.) is located less than 0.6 mile from Dolly's Splash Country and 1.2 miles from Dollywood. The property abuts the recently opened Jake Thomas Road, a long-awaited direct connection between Veterans Blvd. and the Parkway in Pigeon Forge. This is a rare opportunity to acquire significant acreage within the Pigeon Forge city limits. R-2 high density residential zoning allows a variety of uses. Utility water, sewer, and natural gas are on site. 28 STR units - 1 BR/1 BA to 15 BRs / 17 BAs. Of the 40.76 total acres, approximately 23 acres are available for additional future development. The sellers will consider partial seller-financning for well-qualified buyers. . Heated outdoor pool . Two conference facilities . Volleyball, horseshoes, softball, outdoor wedding venue . 15 residential guest buildings (approximately 53,562 sq.ft.) . 1 residential staff building (approximately 1,248 sq.ft.) . 3 other buildings (approximately 12,144 sq.ft.) . On-premises workforce laundry . Lodging - 67 bedrooms and 72 bathrooms

More Information MLS# 300670

Location, Tax, and Legal

Street Number: 2525 Street Name: Goldrush Road County: Sevier State: TN Zip Code: 37863 City/County: City New Construction YN: No Property Sub Type: Multi Family MLS Area Major: Pigeon Forge Restrictive Covenants YN: Yes Zoning: R-2 Zoning Entity: Pigeon Forge Parcel Number: 083 135.00 Tax Lot: 14-19 Book/Page/Doc #: 4492/621 Tax Annual Amount: 34097.13 Tax Year: 2019

Contract Information

Current Price: $14,900,000 Original List Price: 14900000 List Price: $14,900,000 Status: Active Listing Contract Date: 2024-04-23 Auction YN: No Owner Name: Smoky Mountain Resort Lodging Listing Agreement: Exclusive Right To Sell Exclusions YN: Yes Co-op Compensation $/%: 0.6 Dual Or Variable Rate Commission YN: No Occupancy: Overnight Only Common Interest: Planned Development Association YN: No

General Property Information

Number Of Units Total: 28 Stories Total: 3 Lot Size Acres: 40.76 Lot Size Source: Survey Living Area: 53562 Living Area Source: Public Records Bedrooms Total: 67 Bathrooms Total: 72 Bathrooms Full: 72 Garage YN: No Fireplace YN: Yes Year Built: 2002 Bonus Room YN: No Units Furnished: All Units View YN: No Waterfront YN: No List Price/SqFt: 278.18

Remarks and Miscellaneous

Public Remarks: This unique short-term rental (STR) resort planned unit development (P.U.D.) is located less than 0.6 mile from Dolly's Splash Country and 1.2 miles from Dollywood. The property abuts the recently opened Jake Thomas Road, a long-awaited direct connection between Veterans Blvd. and the Parkway in Pigeon Forge. This is a rare opportunity to acquire significant acreage within the Pigeon Forge city limits. R-2 high density residential zoning allows a variety of uses. Utility water, sewer, and natural gas are on site. 28 STR units - 1 BR/1 BA to 15 BRs / 17 BAs. Of the 40.76 total acres, approximately 23 acres are available for additional future development. The sellers will consider partial seller-financning for well-qualified buyers. . Heated outdoor pool . Two conference facilities . Volleyball, horseshoes, softball, outdoor wedding venue . 15 residential guest buildings (approximately 53,562 sq.ft.) . 1 residential staff building (approximately 1,248 sq.ft.) . 3 other buildings (approximately 12,144 sq.ft.) . On-premises workforce laundry . Lodging - 67 bedrooms and 72 bathrooms Directions: From Veterans Boulevard in Pigeon Forge, across from Dolly's Splash Country, turn onto Goldrush Road. Proceed about 0.5-mile to entrance sign for Smoky Mountain Resort Lodging & Conference Center.

Status Change Information

Major Change Timestamp: 2024-04-26T19:50:31Z Major Change Type: New Listing Status Change Timestamp: 2024-04-26

Fireplace Features

Fireplaces Total: 28

Property Features

Association Amenities: Picnic Area; Pool; Recreation Facilities; Other Fireplace Features: Gas Log
Listing Office: NAI Koella | RM Moore
Last Updated: June - 24 - 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.