565 Forest Springs Drive, Gatlinburg, TN 37738

$155,000

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Sold Price
$155,000
List Price
$189,000
Closing Date
Dec 12, 2023
MLS#
1241759
Status
CLOSED
Type
Land
City
Gatlinburg
County
Sevier
Lot Size
50,529
DOM
69

Property Description

565 Forest Springs Drive is a 'Fire of '16' lot with a convenient location near the Roaring Fork area of East Gatlinburg. This value priced lot offers sewer, natural gas and water, plus is Zoned R-1, allowing for overnight rentals. Prior to the fire, a luxurious four bedroom with 3 bath cabin stood three stories tall and was a successful rental investment property. Today, a driveway plus a retaining wall remain as infrastructure for potential future use. 565 Forest Springs has 136 feet of road frontage and is over 400 feet deep resulting in 1.16 acre in size. A view could be opened up with select tree removal. The location is within a mile to a Gatlinburg Trolly stop and is an Ideal location for a permanent, second home, or overnight rental. In addition, the Settlement at Gatlinburg subdivision does not have HOA fees. Come see 565 Forest Springs soon to evaluate its potential for your real estate needs.

Additional Information

Acres
1.16
Lot Description
Private, Rolling, Wooded, Irregular Lot, Rolling Slope
Lot Dimensions
137.59 X 454.20 IRR
Subdivision
Settlement At Gatlinburg
View
Mountain View, Seasonal Mountain, Wooded
Zoning
Zoned Residential
Restrictions
Yes
Hoa Freq
Monthly

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Calculator source: Real Geeks

Agent: Jason White |

Office: Century 21 Legacy |

Selling Office: .