137 Spruce LN Gatlinburg, TN 37738

This 3.1-acre property is improved with three older occupied houses (1456, 580, and 367 sq.ft.) that have only limited rental potential due to their age and condition. House #1, built in 1920, is a 2-story with 2 BD up, 2 BD down, 1 BA, and gas heat. House #2, built in 1930, is 1 BD/1 BA with space heaters. House #3, built in 1920, is 1 BD/1 BA with space heaters. No rental information is available. The property is located a short distance off East Parkway (US 321) within the city limits of Gatlinburg. It fronts a rushing mountain creek and is accessed via a small one-lane bridge. The TN Dept. of Transportation has fully funded a bridge renovation, with engineering planning now underway. Redevelopment with cabin(s) or multifamily dwellings is probably the highest and best use of this property, but it will be limited until the bridge work has been completed. The R-2 Medium Density Residential District zoning allows for such uses as single family, two-family and multi-family dwellings, bed and breakfasts, boarding and rooming houses, and tourist residential dwellings.