0 Smt Vlg Dr, Fairgarden, TN 37876
Exceptional opportunity to acquire 8 acres of prime residential land in the prestigious Shagbark Resort's Village community in Sevierville, Tennessee (zip code 37876). This property, designated Phase E, offers unparalleled flexibility. Currently platted as up to 40 individual lots (1E-40E), it can be purchased and developed as a single entity or subdivided into individual lots for sale. The property is being sold as-is. Nestled within a gated, secure, 1300-acre wildlife preserve, residents enjoy abundant wildlife viewing opportunities, including black bears, wild turkeys, deer, and raccoons. Shagbark Resort amenities include a 24-hour staffed guard gate, community swimming pool, tennis courts, pickleball courts, and a playground. Its central location provides easy access to the attractions of Pigeon Forge and Gatlinburg, along with abundant shopping and dining options. The asking price for this exceptional development opportunity is $3,999,500. This is a rare chance to own a significant piece of the Smoky Mountains' most desirable real estate. The property is zoned for residential use and is located on Summit Village Dr.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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