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    Penelope Ln, Unit 2 Sevierville, TN 37862

    For Sale
    $79,900

    LAND - Sevierville, TN

    Lot size:
    2.36 Acres
    Days on Market:
    157
    Last Refresh:
    Dec 11 at 4:06 pm

    Property Features for Penelope Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    029J A 002.00
    Lot size
    2.36 Acres

    Wallace (865) 584-4000 [email protected]

    Listing agent Kiran Bawani (865) 679-9420

    Listing date Jul 8, 2025

    Copyright © 2025 East Tennessee 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

    Sevierville Land Near Douglas Lake

    This 2.36-acre lot is located in the Fox Vista Subdivision on the Sevier County side of Douglas Lake. The gently wooded lot has partial clearing, making it suitable for a dream home or vacation rental. It is approved for a 3-bedroom septic system, with a plat map and field lines already approved. A survey is available. A septic permit is required before building, and a well is needed for water. The property benefits from lake access directly across the street. Located in a gated community with covenants and restrictions, this homesite offers views and potential. The property is just minutes from shopping, dining, and the attractions of the Smoky Mountains.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sevierville
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.4776
    Latitude
    35.911374

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    FAQs

    What type of property is this?
    Residential land & home lot - 2.36 acre lot in Fox Vista Subdivision near Douglas Lake.
    Where is this residential land & home lot located?
    The property is located at Penelope Ln, Unit 2 Sevierville, TN.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: - Lake access directly across the street!; - Located in the desirable Fox Vista Subdivision on Douglas Lake.; - Approved for a 3-bedroom septic system.
    (865) 679-9420
    Request Owner's contact information
    Penelope Ln, Unit 2 Sevierville, TN 37862
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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
    Penelope Ln, Unit 2 Sevierville, TN 37862
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