About Lots 12-14 Saddle Spur Way
Excellent development opportunity in Sevierville! Three separately platted building lots are being offered together as one package for $195,000 ($65,000 per lot). The offering includes Lot 12 Saddle Spur Way, Lot 13 Saddle Spur Way and Lot 14 Cabin Creek Way, totaling approximately 0.81 acres. All three parcels must be purchased together and will not be sold individually.
Located within the City of Sevierville, these properties offer an appealing combination of convenience and setting. Although only minutes from town and the area's major attractions, the neighborhood has a quiet, wooded, country feel tucked away from the heavily traveled tourist corridors.
The property's C-3 (Intermediate Commercial) zoning provides considerable development flexibility. Potential uses include permanent residences, overnight cabin rentals, condominiums, townhomes and multi-family development, subject to applicable City requirements and approvals. Minimum building size is 1,000 square feet. Mobile homes are not permitted.
Develop the parcels individually with three separate structures--one on each lot--or explore combining the property for a larger development concept, such as townhomes, multi-family housing, or a large multi-bedroom overnight rental cabin designed for family reunions, groups and other large gatherings.
A significant advantage is the infrastructure already serving the property. Utilities are available to each parcel, including water, natural gas, electricity, internet and telephone, substantially simplifying the development process compared with more remote mountain property. The neighborhood also features paved roads with curbing/guttering. Parcel records confirm public water, public electricity and natural gas along with paved road access.
The location is particularly attractive for residential or overnight-rental development, offering convenient access to downtown Sevierville, the Parkway, Pigeon Forge, Gatlinburg and Wears Valley, while also providing alternate routes toward Pigeon Forge and Wears Valley that can help avoid portions of the Parkway. Sevierville Golf Club and the Sevierville Convention Center are also nearby, adding to the property's appeal for vacation-rental development.
The three parcels consist of approximately 0.21 acre for Lot 12, 0.27 acre for Lot 13 and 0.33 acre for Lot 14. All three are shown in FEMA Zone X/minimal flood hazard in the supplied property records.
Build three properties, combine the lots for a larger project, create an overnight-rental investment, or develop a multi-unit residential concept--this is a versatile Sevierville development opportunity with infrastructure already in place and convenient access to everything the Smoky Mountains has to offer.
