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Key Details
Sold Price $55,000
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
Subdivision Tyrolea
MLS Listing ID 251515
Sold Date 07/22/22
HOA Fees $32/mo
HOA Y/N Yes
Originating Board Great Smoky Mountains Association of REALTORS®
Annual Tax Amount $84
Tax Year 2021
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Farm
Property Description
Chalet Village has long been one of the most sought after neighborhoods in Gatlinburg for a number of reasons. Location, location, location. It boarders the Great Smoky Mountain National Park, is adjacent to Gatlinburg, is home to Ober Gatlinburg Ski Resort and features 3 community pools with club houses and 2 with tennis courts. There are four access points to the neighborhood, meaning there is always a convenient way to navigate to the park or the towns of Pigeon Forge and Gatlinburg. This lot features a nice northern view toward English Mountain. It has a current 1 bedroom septic permit. It has city water and fiber optic high speed internet from Spectrum or AT&T. It's a steeply sloping lot perfect for a walk-out basement design. A "supermooner" retreat cabin with an indoor pool and other luxury features would drive $100k+ annual income streams. Occupancy rates could be over 300 nights/year with the right design and features. Lots are increasingly hard to come by in Chalet Village, particularly in this price point. Come check it out!
Location
State TN
County Sevier
Zoning R-1
Direction Ski Mountain Rd to left on South Baden Dr (just before Ober Gatlinburg). Follow to 5 way intersection and take the \"soft right\" on Arbon Drive. Follow to left on Arbon Court. See lot on left in curve. Utility pole marks the left boundary.
Exterior
Utilities Available High Speed Internet Available
Amenities Available Clubhouse, Pool, Tennis Court(s)
View Y/N Yes
View Mountain(s)
Road Frontage City Street
Building
Lot Description Rolling Slope, Sloped, Steep Slope, Wooded
Sewer None
Water Public
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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