$15,750,000
234 Caton Rd
Sevierville, TN 37862
MLS# 1268161



234 Caton Rd, Sevierville, TN 37862
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234 Caton Rd, Sevierville, TN 37862 234 Caton Rd, Sevierville, TN 37862 234 Caton Rd, Sevierville, TN 37862 234 Caton Rd, Sevierville, TN 37862 234 Caton Rd, Sevierville, TN 37862 234 Caton Rd, Sevierville, TN 37862 234 Caton Rd, Sevierville, TN 37862 234 Caton Rd, Sevierville, TN 37862

Property Description
Prime development opportunity in the heart of Sevierville, TN, just off the Parkway near Tanger Outlets and major attractions in Pigeon Forge and Gatlinburg. Smoky Summit Development spans 10.54 acres and is zoned C3. The proposed plan includes 90 townhomes, a 162-room hotel with a rooftop bar and restaurant, and a versatile event venue/banquet hall. Amenities feature a lagoon-style pool, gym, recreation center, outdoor kitchen, and dog park. Walking paths offer direct access to Tanger Outlets. While the project is approved for the current plans, new ownership has the flexibility to customize and create their own masterpiece in this high-traffic tourist area. Don't miss out on this premium investment opportunity!

Details
Maps
Location, Tax & Legal Info
House #: 234
Street Name: Caton
St Suffix: Rd
State/Province: TN
Zip Code: 37862
Area: Sevier County - 27
City/County Code: City Limits
PIN #: 072 065.00
Total Tax: 3309.3
Geo Lat: 35.829031
Geo Lon: -83.56912
Contract Info
Auction Y/N: No
Listing Price: 15750000
Current Price: $15,750,000
Status: Active
Listing Date: 2024-07-01
Cooperation Comp: 2
Compensation Type: %
General Property Description
Lot Dimensions: n/a
Acres: 10.54
Acre Source: Tax Records
Restrictions: No
Property Status: N/A
Remarks & Misc
Directions: From the Parkway (US-441S). Go for 2.1 miles. Turn left onto Caton Road. Property on the left.
Public Remarks: Prime development opportunity in the heart of Sevierville, TN, just off the Parkway near Tanger Outlets and major attractions in Pigeon Forge and Gatlinburg. Smoky Summit Development spans 10.54 acres and is zoned C3. The proposed plan includes 90 townhomes, a 162-room hotel with a rooftop bar and restaurant, and a versatile event venue/banquet hall. Amenities feature a lagoon-style pool, gym, recreation center, outdoor kitchen, and dog park. Walking paths offer direct access to Tanger Outlets. While the project is approved for the current plans, new ownership has the flexibility to customize and create their own masterpiece in this high-traffic tourist area. Don't miss out on this premium investment opportunity!
Status Change Info
Status Change Date: 2024-07-01
Property Features
Property Sub-Type: Commercial
Topography: Cleared; Level
Road Frontage: County
Road Access: Public Road
Sale Options: Other
Improvements: Utilities on Site
Easements: Other
Lot Description: Level
View: Mountain View
Documents on File: Other
Developmnt Potential: Commercial; Multi-Family
Utilities Available: Electricity; Sewer; Water
Zoning: Zoned Commercial
Present Structures: None
New Financing: Cash; Conventional; New Loan

Listing Office: SVN I Wood Properties

Last Updated: July - 01 - 2024

234 Caton Rd, Sevierville, TN 37862 - MLS# 1268161
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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