Large Acreage Tract With Two Residential Units

731 Hardin Lane Sevierville, TN 37862

731 Hardin Lane, Sevierville, TN, 37862
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FOR SALE
Property Type:
Residential Land Development
Amount:
$6,300,000
Last Verified:
Aug 19, 2024

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Highlights

  • - Prime location in tourist-intensive Smoky Mountains region
  • - Potential for residential development of single family homes, multifamily and tourist short-term-rental homes
  • - Access to utilities and infrastructure
  • - Versatile land suitable for various development options
  • - Proximity to amenities and services
  • - Serene and picturesque natural surroundings
  • - Favorable zoning regulations
  • - Ideal for land banking or residential investment
  • - Close to major transportation routes
  • - Opportunity for creating a unique residential community

Description

This aggregation of four contiguous land tracts offers an exceptional development opportunity. The property is located in Sevier County Tennessee. Three tracts are within the city limits of Sevierville, the county seat, are commercially zoned and have access to utility water and sewer. The remaining large 77.76-acre tract is outside the city limits, is zoned low density residential and does not currently have sewer access. However, availability of utility sewer to this tract appears feasible upon annexation and rezoning.
The topography varies from level to mountainous land, with anticipated panoramic mountain views from the ridge lines. There is a flowing creek and a pond on the property.

The property is located adjacent to Saddleback Ridge, a picturesque upscale residential community of permanent residential and tourist short-term-rental homes.

There are two residential units on the property that are rented long-term through December, 2025. There is a third dilapidated house that the owners intend to demolish.

Located in Sevier County, Tennessee, partly within the Sevierville city limits,.

Lot Size: 96.77 acres


Documents

Offering Memorandum

Map of 731 Hardin Lane, Sevierville, TN, 37862

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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