3148 Russie Gap Road, Sevierville, TN 37862
$3,250,000
Property Type:
Land
Lot Size (sq. ft.):
3,915,608
Status:
Closed
Current Price:
$3,250,000
List Date:
3/10/2023
Last Modified:
9/11/2024
Description
Words can't explain this one of a kind property situated just on the outskirts of the City of Pigeon Forge. With ridge tops displaying some of the better views around and over a mile of river frontage (7,508 ft) running through the 90 acre tract. For the developer, this piece has the makeup for a superior resort, and the existing 3,072 sq ft barndo could serve as an event/wedding venue with the right upgrades. From RV Sites, Tree-Houses, and/or Tiny-Homes, one can have many options with this property. The seller has done quite a bit of site planning, with a survey, soil mapping, and 2 different concept plans available upon request. Schedule a time to see this beautiful property in person, you'll be glad you did. {https://youtu.be/eworRfHuuiQ}
More Information MLS# 256171
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: A-1
Zoning Entity: Sevier County
Tax Lot: N/A
Book/Page/Doc #: 5813, 590
Tax Annual Amount: 778.85
Tax Year: 2022
Contract Information
Owner Name: WU Paradise LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: No
Current Price: $3,250,000
Original List Price: 3500000
Sold Price: $3,250,000
Status: Closed
Listing Contract Date: 2023-03-10
General Property Information
Lot Size Acres: 89.89
Garage YN: Yes
Sign On Property YN: Yes
View YN: Yes
List Price/Acre: 38936.48
Sold Price/Acre: 36155.3
Remarks and Miscellaneous
Public Remarks: Words can't explain this one of a kind property situated just on the outskirts of the City of Pigeon Forge. With ridge tops displaying some of the better views around and over a mile of river frontage (7,508 ft) running through the 90 acre tract. For the developer, this piece has the makeup for a superior resort, and the existing 3,072 sq ft barndo could serve as an event/wedding venue with the right upgrades. From RV Sites, Tree-Houses, and/or Tiny-Homes, one can have many options with this property. The seller has done quite a bit of site planning, with a survey, soil mapping, and 2 different concept plans available upon request. Schedule a time to see this beautiful property in person, you'll be glad you did. {https://youtu.be/eworRfHuuiQ}
Directions: Based on the Direction you are coming from on the parkway, you will take a left or a right at Traffic Light 3, E Old Wears Valley Rd. Headed towards Wears Valley. 3.5 miles and take a right onto Russie Gap Rd which is the first right after the Waldens Creek light. You will see a big for sale sign in front of the property. The property will be on your left hand side behind the iron gate.
Status Change Information
Status Change Timestamp: 2024-01-02
Buyer Financing: Cash
Anticipated Closing Date: 2024-01-02
Major Change Timestamp: 2024-01-02T18:01:42Z
Major Change Type: Status Change
Purchase Contract Date: 2023-11-21
Close Date: 2024-01-02
Close Price: 3250000
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Level: 1
Mountainous: 1
Rolling Slope: 1
Wooded: 1
Other Structures
Barn(s): 1
Outbuilding: 1
Workshop: 1
Possession
Close Of Escrow: 1
Rental
On Site: 1
Road Frontage Type
City Street: 1
Sewer
Septic Tank: 1
Septic Permit On File: 1
View
Mountain(s): 1
River: 1
Water Source
Well: 1
Waterfront Features
Creek: 1
River Front: 1
Stream: 1
Possible Use
Single Family: 1
Subdevelopment: 1
Showing Requirements
Showing Instructions: Schedule showings via ShowingTime or contact listing agent Dillon Cate. All offers must accompany a pre-approval letter or proof of funds. Send offers to dilloncate.realestate@outlook.com. As with all real estate transactions, you should verify all information independently. Information provided was taken from tax records, it is not verified by listing agent/company.
See Remarks: 1
Location Tax and Legal
Street Number: 3148
Street Name: Russie Gap
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Farm
MLS Area Major: Sevierville
Subdivision Name: Other
Property Features
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Cleared; Level; Mountainous; Rolling Slope; Wooded
Other Structures: Barn(s); Outbuilding; Workshop
Possession: Close Of Escrow
Possible Use: Single Family; Subdevelopment
Rental: On Site
Road Frontage Type: City Street
Sewer: Septic Tank; Septic Permit On File
View: Mountain(s); River
Water Source: Well
Waterfront Features: Creek; River Front; Stream
Showing Requirements: See Remarks
Listing Office:
eXp Realty, LLC 7720
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.