realty-smokies

3789 KATY HOLLAR Road, FLOOR OF WEARS VALLEY, Sevierville, TN 37876

$3,650,000
Property Type: Land Lot Size (sq. ft.): 7,411,734 Status: Closed
Current Price: $3,650,000 List Date: 5/14/2020 Last Modified: 9/10/2024

Overview

Description

THIS PRISTINE DEVELOPMENT PROPERTY IS ABSOLUTELY ONE OF THE FINEST IN OUR REGION. THE MASSIVE 170.15+/- ACRE TRACT IS SURROUNDED BY THE GREAT SMOKY MOUNTAINS NATIONAL PARK, A 500,000+ ACRE RESERVE, ON THREE SIDES AMOUNTING TO 4,080' OF FRONTAGE TO THE PARK. YOU CAN LITERALLY HIKE IN AND OUT OF THE PROPERTY. LITTLE GREENBRIAR TRAIL, AND 800+ MILES OF OTHER TRAIL SYSTEMS IS JUST OUTSIDE OF YOUR DOOR AND SHARES A BORDER WITH THIS TRACT. METCALF BOTTOMS PICNIC AREA IS JUST DOWN THE ROAD. THE PROPERTY OFFERS ALL TYPES OF GRADE, MUCH IS LEVEL ACREAGE. APPROXIMATELY HALF OF THE PROPERTY IS WOODED. IN THE REAR, THE ELEVATION IS APPROXIMATELY 2500', CREATING FANTASTIC VIEWS OF THE VALLEY FLOOR AND MOUNTAIN RANGES. IN ADDITION, THERE ARE THREE RIDGE PEAKS ON THE PROPERTY. THIS AREA IN WEARS VALLEY TRULY FEELS UNSPOILED AND NATURAL. THIS FAMILY HAS OWNED THIS TRACT FOR 65 YEARS AND HAS NEVER BEFORE BEEN ON THE MARKET. THERE ARE 6,040'+/- OF ROAD FRONTAGE, CREATING EASY ACCESS TO ALL OF THE PROPERTY. DEVELOPMENT POTENTIAL IS LIMITLESS. THERE IS ALSO AN OLD FARMHOUSE ON THE PROPERTY, APPROXIMATELY 2,445 SQFT. THIS LAND IS RARE, COME SEE FOR YOURSELF!

Listing Details MLS# 228217

General Property Information

Lot Size Dimensions
IRR/IRR/IRR/IRR
Lot Size Acres
170.15
Sign On Property YN
Yes
View YN
Yes
List Price/Acre
21745.52
Sold Price/Acre
21451.66

Property Features

Listing Terms: Cash; Conventional; Owner May Carry Lot Features: Cleared; Gentle Sloping; Level; Rolling Slope; Sloped; Wooded Possession: Close Of Escrow; Other Possible Use: Farm; Manufactured Home; Recreational; Single Family; Subdevelopment; Timber Road Frontage Type: County Road Road Surface Type: Paved Utilities: Cable Available; Water Not Available View: Mountain(s) Waterfront Features: Creek; Stream Showing Requirements: Call Listing Agent; See Remarks

Location Tax and Legal

Street Number
3789
Street Name
KATY HOLLAR
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37876
Property Sub Type
Unimproved Land
MLS Area Major
Wears Valley
Subdivision Name
Other

Contract Information

Original List Price
3495000
Listing Contract Date
2020-05-14
Owner Name
KING
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
No
Association Name
NONE
Association Fee
0

Remarks and Miscellaneous

Public Remarks
THIS PRISTINE DEVELOPMENT PROPERTY IS ABSOLUTELY ONE OF THE FINEST IN OUR REGION. THE MASSIVE 170.15+/- ACRE TRACT IS SURROUNDED BY THE GREAT SMOKY MOUNTAINS NATIONAL PARK, A 500,000+ ACRE RESERVE, ON THREE SIDES AMOUNTING TO 4,080' OF FRONTAGE TO THE PARK. YOU CAN LITERALLY HIKE IN AND OUT OF THE PROPERTY. LITTLE GREENBRIAR TRAIL, AND 800+ MILES OF OTHER TRAIL SYSTEMS IS JUST OUTSIDE OF YOUR DOOR AND SHARES A BORDER WITH THIS TRACT. METCALF BOTTOMS PICNIC AREA IS JUST DOWN THE ROAD. THE PROPERTY OFFERS ALL TYPES OF GRADE, MUCH IS LEVEL ACREAGE. APPROXIMATELY HALF OF THE PROPERTY IS WOODED. IN THE REAR, THE ELEVATION IS APPROXIMATELY 2500', CREATING FANTASTIC VIEWS OF THE VALLEY FLOOR AND MOUNTAIN RANGES. IN ADDITION, THERE ARE THREE RIDGE PEAKS ON THE PROPERTY. THIS AREA IN WEARS VALLEY TRULY FEELS UNSPOILED AND NATURAL. THIS FAMILY HAS OWNED THIS TRACT FOR 65 YEARS AND HAS NEVER BEFORE BEEN ON THE MARKET. THERE ARE 6,040'+/- OF ROAD FRONTAGE, CREATING EASY ACCESS TO ALL OF THE PROPERTY. DEVELOPMENT POTENTIAL IS LIMITLESS. THERE IS ALSO AN OLD FARMHOUSE ON THE PROPERTY, APPROXIMATELY 2,445 SQFT. THIS LAND IS RARE, COME SEE FOR YOURSELF!
Directions
Take Wears Valley Road for 9.1 Miles to a Slight Left onto Katy Hollar Road. Travel .6 Miles and turn Right to continue on Katy Hollar. This is where the property borders both sides of the road. The farmhouse is .2 miles on the Right, See Sign

Status Change Information

Major Change Timestamp
2021-07-02T06:35:36Z
Major Change Type
Status Change
Price Change Timestamp
2021-04-02T21:12:40Z
Status Change Timestamp
2021-07-02
Purchase Contract Date
2021-04-28
Close Date
2021-07-02
Close Price
3650000
Buyer Financing
Other
Anticipated Closing Date
2021-06-05

More Information

Land Details

Pasture Area
78.15
Wooded Area
92
Cultivated Area
0

Road Frontage Type

Road Frontage Length
6,074'
County Road
Yes

Showing Requirements

Showing Instructions
INFORMATION GATHERED FROM VARIOUS SOURCES INCLUDING C.R.S. TAX INFORMATION. ALL INFORMATION CONTAINED HEREIN SHALL BE VERIFIED BY BUYER , PRIOR TO PURCHASE, WITH APPROPRIATE INSPECTIONS. PLEASE CALL VIC WEALS AT 865-453-1956 TO SET UP ALL SHOWING AND FOR ADDITIONAL INFORMATION.
Call Listing Agent
Yes
See Remarks
Yes

Location, Tax, and Legal

Street Additional Info
FLOOR OF WEARS VALLEY
Restrictive Covenants YN
No
Zoning
A-1
Zoning Entity
Sevier County
Tax Lot
0000
Book/Page/Doc #
1496, 588
Tax Annual Amount
1477
Tax Year
2019

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Lot Features

Cleared
Yes
Gentle Sloping
Yes
Level
Yes
Rolling Slope
Yes
Sloped
Yes
Wooded
Yes

Possession

Close Of Escrow
Yes
Other
Yes

Road Surface Type

Paved
Yes

Utilities

Cable Available
Yes
Water Not Available
Yes

View

Mountain(s)
Yes

Waterfront Features

Creek
Yes
Stream
Yes

Possible Use

Farm
Yes
Manufactured Home
Yes
Recreational
Yes
Single Family
Yes
Subdevelopment
Yes
Timber
Yes
Listing Office: Keller Williams Smoky Mountain
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.