Lot 108 Arch Rock DR new Save Request In-Person Tour Request Virtual Tour
Sevierville,TN 37876
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision East Gate
MLS Listing ID 309217
Annual Tax Amount $83
Tax Year 2024
Lot Size 0.520 Acres
Property Sub-Type Unimproved Land
Property Description
PERFECT LOT FOR OVERNIGHT RENTALS! This 0.52-acre lot is one of two side-by-side lots being sold separately. The other is Lot 107 Caughron Dr. Together, they total nearly one full acre if purchased as a package. Situated in a quiet development outside Sevierville city limits, the lot offers convenient back road access to both Gatlinburg and Dollywood. While the lot has not yet been perc-tested for a septic system, many nearby parcels have been approved for 3-bedroom septic systems. City water utility is available though, which can help reduce building costs. The community enforces light restrictions to maintain the quality of the development, but there are no HOA fees and no HOA enforcement, providing you with freedom and flexibility. OVERNIGHT RENTALS ARE ALLOWED! Strong rental income potential has been demonstrated by 2318 Arch Rock Dr., located next door, which sold in 2024 and generated $56K annually as a 3-bedroom home. The adjoining lot, Lot 107 Caughron Dr., is also available separately for $49,000 and covers 0.44 acres. Together, these level, buildable lots present a rare opportunity to create a sizable rental property. Lots in this development rarely become available and sell quickly—don't miss out on this incredible opportunity. Buyer to verify all information during due diligence.
Location
State TN
County Sevier
Zoning R-1
Exterior
Parking Features None,Other
Fence None
Community Features Other
Utilities Available Electricity Available,Water Available
Amenities Available Other
View Y/N No
Building
Lot Description Level
Sewer None
Water Public
Others
Acceptable Financing Cash,Fee Simple Improved
Listing Terms Cash,Fee Simple Improved
Special Listing Condition Standard