1102 PINE MOUNTAIN RD., SEVIERVILLE, TN 37862

1102 Pine Mountain Rd.
Sevierville, TN 37862

$2,550,000 (Pending-Continue to Show)

Beds: 19
Baths: 17
Sq. Ft.: 10,036
Type: Single Family Home
Listing #245574
Build your overnight or long term rental empire in the Smokies with this humongous offering just minutes outside Pigeon Forge. A total of 9 homes/cabins totaling more than 10K square feet on nearly 25 acres. Plus 2 lots with views that have 3 and 4 bedroom septics already installed. The homes range in size from a cozy 400 sq ft to more than 3500 sq ft! The properties are currently being rented by the week to long-term tenants and are grossing more than 200K per year. Several of the homes have been divided into multiple units but can be re-joined quite easily for future use as larger rentals. In total there are 17 units across these 9 buildings. Roads are paved all the way to the top. Don't miss this opportunity to not only capture 9 potentially incredible overnight rental candidates but to own an enormous piece of property, prime for the future growth of your business. If ever there were a candidate property for a private resort, this is it. The properties will require further investment to bring them up to their overnight rental potential, as they are currently on long-term rental generating more than $200K per year. Please see the linked virtual tour for a Google earth tour of the property that will help you visualize the entire compound. This will provide a visual of the layout of the structures, their size, and current revenue.
Property Features
Location Information
County: Sevier
MLS Area: Sevierville
Latitude: 35.7735498601759
Longitude: -83.5804094003348
Subdivision: None
Directions: Homes are occupied. From Parkway in Pigeon Forge: Turn onto Pine Mountain Rd for 2.1 mi. - Destination will be on the right.
Interior Features
Interior: Recreation Room, Wood Floors, Large Master Bedroom, W/D Connection, Ceiling Fan(s), Great Room, Hi-Speed Internet
Full Baths: 17
Fireplace Description: None
Heating: Central
Cooling: Central Electric
Appliances: Dryer, Refrigerator, Washer, Electric Range, Microwave, Satellite TV-Leased, Microwave/Range Hood Combo, Dishwasher
Attic Description: None
Basement Description: Finished-All
Has Basement: Yes
Exterior Features
Style: A-Frame, Cabin, Contemporary, Log
Stories: Three Or More, One, One and One Half, Two
Construction: Masonite, Vinyl Siding, Masonry, Wood Siding, Frame, Other, Log, Log Siding
Foundation: Basement, Combination, Crawl Space, Slab, Underpinning
Roof: Composition, Tar/Gravel, Metal
Septic or Sewer: Septic System, Septic Permit On File
Water: Shared Well, Well
Garage Description: None
Lot Size in Acres: 25.83
Outdoor: Deck, Surfaced Drive, Wooded, Private Yard
Access: Private Drive, County Road, Paved
Features
Miscellaneous: Broadband Internet Available, Cable TV, Mountain View
Additional Information
Property Type: SFR
Year Built: 2000
Status: Pending-Continue to Show
Tax Year: 2019
Tax Amount: $4,181
Occupancy: Either
Rental History Gross Amount 1: 208000.00
Rental History Year 1: 2021
Rental History Gross Amount 2: 208000.00
Rental History Year 2: 2020
Restrictive Covenants: No
Zoning: R-1


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Monthly Tax: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Lesley Adams
Broker: Mountain Realty Group

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GSMAR data last updated at December 1, 2021 8:04 PM ET