519 Cherokee Orchard Rd, Gatlinburg, TN 37738

$350,000

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List Price
$350,000
MLS#
3536033
Days on Market
9
Property Type
Land
Lot Size
7,840
Acres
0.18
County
Sevier County
Status
ACTIVE

Property Description

RARE INVESTMENT OPPORTUNITY IN DOWNTOWN GATLINBURG! Secure one of the last available building lots with prestigious C-2 (General Business) zoning. This versatile parcel offers the ultimate flexibility for developers: build a high-performance Short-Term Rental (STR), boutique lodging, or a flagship commercial venture in the heart of a premier tourist destination. Unlike most residential zones in the city, C-2 zoning legally supports Tourist Residencies by right, allowing for lucrative nightly rental income. The property is 'shovel-ready' with all city utilities available at the site--including city water, sewer, and natural gas--drastically reducing your development timeline and costs.Positioned for maximum visibility and occupancy, this lot is just minutes from the Parkway's world-class attractions, restaurants, and the Great Smoky Mountains National Park entrance. Whether your vision is a multi-unit rental complex, a luxury mountain cabin, or a mixed-use retail space, this lot provides the foundation for success in a high-demand, 12+ million visitor-per-year market. Lots of this caliber are almost impossible to find--don't miss your chance to own a piece of Gatlinburg!.

Additional Information

Lot Description
Wooded, Other
Lot Dimensions
151x41x165
Lot Number
PO&15
Subdivision
Ogle Addn
Tax Amount
$165
Type
Land

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Calculator source: Real Geeks

Listing courtesy of MG Rise Real Estate Group.

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