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$ 5,500,000
Est. payment /mo
Active
2570 Herb Ownby WAY Sevierville, TN 37862
142.46 Acres Lot
UPDATED:
01/09/2025 11:19 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1286539
Originating Board East Tennessee REALTORS® MLS
Lot Size 142.460 Acres
Acres 142.46
Lot Dimensions IRR
Property Description
Discover this exceptional 142-acre property in the heart of Wears Valley, offering sweeping and panoramic views of Cove Mountain and Wears Valley. With preliminary approval for 80 spacious lots, plus additional acreage along the ridge line for future expansion, it is an ideal location for a short term rental resort or residential community.
This prime parcel has successfully navigated the entitlement process and is primed for construction once road establishment is completed.
Key Features:
- Approved Public Water - Accessible at Little Cove Rd.
- Strategic Location - Just 0.2 miles off Wears Valley Rd, minutes to the Great Smoky Mountain National Park (the most visited Park in the US), less than 7 miles to the main Parkway in Pigeon Forge and approx. 11 miles to Gatlinburg.
- Highly Accessible - within a day's drive of 70% of the U.S. population.
- Road Frontage & Visibility - Excellent visibility from Wears Valley Rd plus significant frontage along Valley View Rd and Little Cove Rd.
- Easy to Navigate - This property offers smooth and straightforward accessibility with no steep inclines, ensuring comfortable and effortless access
- Natural Beauty - The property borders Cove Creek, providing a serene and picturesque environment.
- Groundwork in Place - Contractor referrals for infrastructure, horizontal and vertical development available upon request, making this an incredible opportunity for builders and investors. Buyer to perform their own contractor due diligence.
- Unparalleled Investment Opportunity - located in Sevier County, Tennessee, a tourism powerhouse generating approximately $4.4 billion in annual visitor spending and attracting 12-15 million visitors annually.
- Robust Tourism - consistently demonstrating growth, fueled by its accessibility, variety of attractions, and the increasing popularity of outdoor recreation and family-oriented travel experiences.
The property's combination of scenic views, strategic location, and development potential make it a rare find in Wears Valley. Owner/Agent.
This prime parcel has successfully navigated the entitlement process and is primed for construction once road establishment is completed.
Key Features:
- Approved Public Water - Accessible at Little Cove Rd.
- Strategic Location - Just 0.2 miles off Wears Valley Rd, minutes to the Great Smoky Mountain National Park (the most visited Park in the US), less than 7 miles to the main Parkway in Pigeon Forge and approx. 11 miles to Gatlinburg.
- Highly Accessible - within a day's drive of 70% of the U.S. population.
- Road Frontage & Visibility - Excellent visibility from Wears Valley Rd plus significant frontage along Valley View Rd and Little Cove Rd.
- Easy to Navigate - This property offers smooth and straightforward accessibility with no steep inclines, ensuring comfortable and effortless access
- Natural Beauty - The property borders Cove Creek, providing a serene and picturesque environment.
- Groundwork in Place - Contractor referrals for infrastructure, horizontal and vertical development available upon request, making this an incredible opportunity for builders and investors. Buyer to perform their own contractor due diligence.
- Unparalleled Investment Opportunity - located in Sevier County, Tennessee, a tourism powerhouse generating approximately $4.4 billion in annual visitor spending and attracting 12-15 million visitors annually.
- Robust Tourism - consistently demonstrating growth, fueled by its accessibility, variety of attractions, and the increasing popularity of outdoor recreation and family-oriented travel experiences.
The property's combination of scenic views, strategic location, and development potential make it a rare find in Wears Valley. Owner/Agent.
Location
State TN
County Sevier County - 27
Area 142.46
Zoning Zoned Residential
Exterior
View Mountain View, Country Setting
Topography [object Array]
Road Frontage , County, Paved
Garage No
Building
Lot Description Creek, Rolling, Wooded, Rolling Slope
Faces From Sevierville: take the Parkway towards Pigeon Forge. Right on Wears Valley Rd (stoplight #3). Left on Valley View Rd. Left on Herb Ownby Way (see signage).
Others
Restrictions No
Tax ID 114 061.00
Listed by Real Broker