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    123 Alpine Mountain Way Pigeon Forge, TN 37863

    For Sale
    $280,000

    LAND - Pigeon Forge, TN

    Days on Market:
    133
    Last Refresh:
    Dec 11 at 5:06 pm

    Property Features for 123 Alpine Mountain Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-4
    APN
    001.00

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    EXP REALTY LLC (888) 519-5113 [email protected]

    Listing agent Jeana Maddux (423) 584-9466

    Listing date Aug 1, 2025

    MLS# 306647 Listing URL

    Copyright © 2025 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pigeon Forge Land Investment Opportunity

    These two connecting lots (124R and 123) present an investment opportunity in Pigeon Forge, Tennessee. Located just off the Parkway in a resort area, the lots are suitable for building an investment property or vacation home. Public utilities are available, along with high-speed internet. Paved, flat roads provide access for all vehicle types. Lot 123 is a double lot with a larger footprint. The location is situated in a community that features two seasonal pools and proximity to restaurants, attractions, and entertainment. The property is zoned C-4 and located in Sevier County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pigeon Forge
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.563136
    Latitude
    35.810644

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    FAQs

    What type of property is this?
    Land - Two connecting lots ready for development in Pigeon Forge, TN.
    Where is this land located?
    The property is located at 123 Alpine Mountain Way Pigeon Forge, TN.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - Prime location just off the Parkway in a desirable, guest-loved Pigeon Forge resort area.; - Two connecting lots, including a larger double lot (123), offering space and flexibility for development.; - Exceptional investment opportunity for a short-term rental property or vacation home.
    (423) 584-9466
    Request Owner's contact information
    123 Alpine Mountain Way Pigeon Forge, TN 37863
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 Alpine Mountain Way Pigeon Forge, TN 37863
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