123 McMahan Rd, Pigeon Forge, TN 37863 (MLS # 1275600)


Presenting a once in a lifetime development opportunity in the heart of Pigeon Forge. This 11.88-acre property has an approved PUD with the city of Pigeon Forge with up to 73 Units! It is Zoned R2, which has numerous possibilities and allows for Short Term Rentals. Underground Public Utility Water, Sewer and Electric are available at McMahan Rd. This property offers acres of level to rolling ground, beautiful woods, hollows, mountain view, privacy, small pond, and an active well. The property's ideal location puts it less than 1 mile to the parkway, 3 miles to The Island, and 10 miles to the Gatlinburg entrance of the Great Smoky Mountains National Park. The Gatlinburg/Pigeon Forge Golf Course fairway and Dollywood are just a stone's throw to the west. This property is perfect for builders, developers, or investors looking to get into the Smoky Mountains vacation market. Years worth of planning, engineering and city reviews/approvals are completed and offered with this sale. This is a shovel-ready project, saving the new owner much expense and years of time. Recent survey and PUD plans are available for review. Three parcels are combined for this sale: also includes parcel numbers 017.00 and 019.00. One of the sellers has a real estate license. Schedule your guided tour today!

LAST UPDATED 12/8/2024 TRACT McMahan Add 2
YEAR BUILT 0 COMMUNITY Sevier County - 27
COUNTY Sevier County - 27 STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage

PRICE HISTORY
Prior to Oct 24, '24 $1,300,000
Oct 24, '24 - Dec 8, '24 $1,250,000
Dec 8, '24 - Today $1,199,000


ADDITIONAL DETAILS
AREA Sevier County - 27
LOT 11.88 acre(s)
LOT DESCRIPTION Rolling Slope, Wooded
LOT DIMENSIONS 2200x800 IRR
SUBDIVISION McMahan Add 2
WATERFRONT DESCRIPTION Pond
ZONING Zoned Residential, Zoned Multi-Family

SATELLITE VIEW



 
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