Property summary
This exceptional offering presents a unique opportunity to acquire three contiguous residential lots totaling 2.58 acres in the desirable Shagbark gated community of Sevierville, Tennessee. The property comprises three separately deeded lots: Lot 9 (1.5 acres), Lot 10 (0.48 acres), and Lot 11 (0.6 acres), providing flexibility for various development scenarios. Imagine building your dream home or cabin on one lot, while developing the others into income-generating rental properties. The land offers the potential for stunning mountain views, with the option to clear trees or maintain the existing wooded landscape. Shagbark, a 1300-acre community, boasts an array of amenities including a swimming pool, tennis courts, pickleball courts, and a playground, ensuring a vibrant and active lifestyle. Its prime location provides easy access to the attractions of Pigeon Forge and Gatlinburg, along with abundant shopping, dining, and the breathtaking beauty of the Smoky Mountains. The property is zoned for residential use and is conveniently located in Sevier County, Tennessee, zip code 37862, with the address listed as Lot 9, 10, & 11 Stepping Stone Dr. The asking price for all three lots is $96,900. Note that drone photography was used in the provided images.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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