Pigeon Forge Development
For Sale
$999,000
Pending
Tracts 123 McMahan Road, Pigeon Forge, TN 37863
11.88-acre property approved for 26 chalets/cabins.
Property SizeContact for details
Lot Size11.88 Acres
Days on Market725
Property Features for Tracts 123 McMahan Road
General Information
Standard status
Pending
Lot size
11.88 Acres
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$735
Listing Agency:
Re/Max First
(865) 307-0173
Listed By:
David Connors · License #315478
(865) 307-0173
Source:
Exitrealty
Added: Sep 7, 2024
Changed: Aug 31
Last Checked: Aug 31 at 11:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max First
Investment Insights
Based on property information with market context.
This 11.88-acre property presents a development opportunity in Pigeon Forge. It has an approved Planned Unit Development (PUD) with the city for 26 chalets or cabins and is zoned R2, which allows for short-term rentals. Public utility water, sewer, and electric are available underground at McMahan Road. The property features level to rolling ground, woods, hollows, a mountain view, privacy, a small pond, and an active well. Located less than 1 mile from the parkway, 3 miles from The Island, and 10 miles from the Gatlinburg entrance of the Great Smoky Mountains National Park, the property is also near the Gatlinburg/Pigeon Forge Golf Course fairway and Dollywood to the west. This property is suited for builders, developers, or investors looking to enter the Smoky Mountains vacation market. Planning, engineering, and city reviews and approvals are completed and offered with this sale, making it a shovel-ready project. Recent survey and PUD plans are available for review. Three parcels are combined for this sale, including parcel numbers 017.00 and 019.00.
Key Highlights
- Approved PUD for 26 Chalets/Cabins: Shovel‑ready project.
- Ideal Location: Less than 1 mile to the Parkway, 3 miles to The Island, and 10 miles to the Great Smoky Mountains National Park.
- 11.88 Acres: Level to rolling ground with woods, mountain views, privacy, and a small pond.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 37863, TN
6,988
Population
5,570
Households
1.3
Avg Household Size
40
Median Age
12%
College-Educated
74%
High-School Grad
17.2 sq mi
ZIP Area
406
Density / Sq Mi
$53,587
Median Household Income
$31,235
Median Earnings
$933
Median Rent
$253,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 11.88-acre property approved for 26 chalets/cabins.
Where is this residential land & home lot located?
The property is located at Tracts 123 McMahan Road Pigeon Forge, TN.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Approved PUD for 26 Chalets/Cabins: Shovel‑ready project.; Ideal Location: Less than 1 mile to the Parkway, 3 miles to The Island, and 10 miles to the Great Smoky Mountains National Park.; 11.88 Acres: Level to rolling ground with woods, mountain views, privacy, and a small pond.
