SOLD – Absolute Real Estate Auction – 65 Acres Smoky Mountain Resort/Development Land with A FULLY OPERATIONAL CHAIR LIFT

AUCTION LOCATION4149 Wears Valley Road, Sevierville, TN 37862

AUCTION DATEApril 28, 2016

AUCTION TIME 12:00 pm

TIME ZONEEastern

INSPECTION DATECall for an appointment.

INSPECTION TIMECall for an appointment.

CONTACTChuck Fisher 865.546.3206

are you going to attend SOLD - Absolute Real Estate Auction - 65 Acres Smoky Mountain Resort/Development Land with A FULLY OPERATIONAL CHAIR LIFT ? No one is attending yet. Yes, I am
Get Direction View Large Map

Auction Information

THIS AUCTION HAS ENDED.

upcomingauctionsbutton

Absolute Real Estate Auction


To Be Sold to the Highest Bidder without Minimum or Reservation


65 Acres Smoky Mountain Resort & Development Land with A FULLY OPERATIONAL CHAIR LIFT


4149 Wears Valley Rd., Sevierville, TN

Property Description:

  • Approx. 65 Total Acres (comprised of 8 tax parcels)
  • Improvements Include:
    • Approx. 7,489 s.f. Income Producing Retail Store
      • Currently Known as “The Country Store”
      • Currently Leased for $6,500 Monthly
      • Built in 2011
    • 2,286 s. f. Open Air Pavilion Reception Hall
    • 480 s.f. Cabin (Wedding Cabin)
    • Three 400 s.f. Cabins (Guest Cabins)
    • 2,160 s.f. Wedding Chapel
    • Four Additional Cabins (approx. 270 s.f. each)
    • 2,664 s.f. Lodge/Event Center
    • Approx. 3,400 Observation Deck (2,400 s.f. covered)
    • All Improvements Built in 2010/2011
  • Over 220 Feet of Frontage on Wears Valley Rd.
  • Ideal for Weddings, Family Reunions or Corporate Retreats
  • Ideally Located in the Smoky Mountain Tourism Corridor
  • Convenient to Townsend, Pigeon Forge, Knoxville and the Great Smoky Mountains National Park
  • Traffic Count: Approx. 21,384 Vehicles Per Day (at Sand Pike Rd. & Wears Valley Rd.)
Chair Lift Details:
  • Completed in 2012
  • Cost to Build:
    • $910,000 (Lift & Associated Equipment)
    • $760,000 (Installation)
  • Capacity: Outfitted with 23 Four Person Chairs (48 Chair Capacity)
  • Chairlift travels at a speed ranging from 100’ to 200’ per minute
  • Length of Chairlift: 2,800 Feet
  • Copies of State Permit Available
  • All Mechanical & Operational Information Available
Terms: 10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due day of sale in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.  CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

There is a 2% Broker Participation available. Pre-registration at least 24 hours before auction required.

Broker Participation Form - 4149 Wears Valley Rd Sevierville

Zoning:  Split Zoning
  • C-1: Rural Commercial District (Sevier County)
  • C-2: General Commercial District (Sevier County)
  • A-1: Agricultural District (Sevier County)

Estimated Real Estate Taxes: Annual County Real Estate Taxes: $6,866.86 (total for all 8 parcels)

Utility Information:

  • Electricity: Sevier County Electric System (4 Meters)
  • Water: Not Available (Property is serviced by Multiple Wells on Property)
  • Sewer: Not Available (Property is serviced by Multiple Septic Systems on Property)
  • Gas: Not Available

Directions:

  • In Pigeon Forge, from the intersection of Parkway and Wears Valley Rd., take Wears Valley Rd. sw (towards Townsend) approx. 10.5 miles to property on left.
  • In Townsend, from the intersection of Hwy 321 & Wears Valley Rd., take Wears Valley Rd. ne (towards Pigeon Forge) approx. 4.4 miles to property on right.

Auctions Information

  • : Eastern
  • Visited 6260 times , 3 Visits today

    Leave a Reply