18.5 Acres Wears Vly Rd Townsend, TN 37882

Property Details for 18.5 Acres Wears Vly Rd

Property type

Commercial real estate

Description

This exceptional 294+-acre property presents a unique mixed-use development opportunity in Townsend, Tennessee. Bordering the Great Smoky Mountains National Park, this land boasts a prime location within a high-density tourist destination. The expansive acreage includes a diverse range of existing structures, enhancing its development potential. These structures comprise a main house, a main barn, a pond, a gallery, a log cabin, a hay barn, the Burns White House, the Burns Brick House, the Henry House, and the Inez Burns Log Cabin. Furthermore, the property benefits from established infrastructure, including a road, parking lot, wells, and fencing. This remarkable offering provides a rare chance to capitalize on the area's thriving tourism industry and create a significant development in a breathtaking natural setting. The asking price for this substantial land parcel is $14,500,000. This property is zoned for both commercial and residential use, offering flexibility for a variety of development plans. The existing structures offer potential for renovation or repurposing, adding value and versatility to the project. The combination of natural beauty, existing infrastructure, and strategic location makes this a truly exceptional investment opportunity.