Tracts 123 Mcmahan Rd Pigeon Forge, TN 37863
Estimated payment $5,337/month
Highlights
- View of Trees or Woods
- 11.88 Acre Lot
- Lake, Pond or Stream
- Gatlinburg Pittman High School Rated A-
- Pond
- Wooded Lot
About This Lot
Possible seller financing.
Presenting a once in a lifetime development opportunity in the heart of Pigeon Forge. This 11.88-acre property has an approved PUD with the city of Pigeon Forge for 26 Chalets/Cabins! It is Zoned R2, which has numerous possibilities and allows for Short Term Rentals. Underground Public Utility Water, Sewer and Electric are available at McMahan Rd. This property offers acres of level to rolling ground, beautiful woods, hollows, mountain view, privacy, small pond, and an active well. The property's ideal location puts it less than 1 mile to the parkway, 3 miles to The Island, and 10 miles to the Gatlinburg entrance of the Great Smoky Mountains National Park. The Gatlinburg/Pigeon Forge Golf Course fairway and Dollywood are just a stone's throw to the west. This property is perfect for builders, developers, or investors looking to get into the Smoky Mountains vacation market. Years worth of planning, engineering and city reviews/approvals are completed and offered with this sale. This is a shovel-ready project, saving the new owner much expense and years of time. Recent survey and PUD plans are available for review. Three parcels are combined for this sale: also includes parcel numbers 017.00 and 019.00. One of the sellers has a real estate license. Schedule your guided tour today!
Property Details
Property Type
- Land
Est. Annual Taxes
- $735
Lot Details
- 11.88 Acre Lot
- Steep Slope
- Cleared Lot
- Wooded Lot
- Finished Lot(s)
- Zoning described as Zoned Residential, Zoned Multi-Family
Parking
- Driveway
Property Views
- Woods
- Mountain
- Forest
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 095I B 016.00
Community Details
Overview
- Mcmahan Add 2 Subdivision
Recreation
- Pond
- Lake, Pond or Stream
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2025 08/16/25 | Pending | -- | -- | -- |
| 07/28/2025 07/28/25 | Price Changed | $999,000 | -7.1% | -- |
| 07/17/2025 07/17/25 | Price Changed | $1,075,000 | -2.2% | -- |
| 06/20/2025 06/20/25 | Price Changed | $1,099,000 | -2.3% | -- |
| 05/01/2025 05/01/25 | Price Changed | $1,125,000 | -2.2% | -- |
| 03/31/2025 03/31/25 | Price Changed | $1,150,000 | -2.1% | -- |
| 03/08/2025 03/08/25 | For Sale | $1,175,000 | 0.0% | -- |
| 03/01/2025 03/01/25 | Pending | -- | -- | -- |
| 01/30/2025 01/30/25 | Price Changed | $1,175,000 | -2.0% | -- |
| 12/08/2024 12/08/24 | Price Changed | $1,199,000 | -4.1% | -- |
| 10/25/2024 10/25/24 | Price Changed | $1,250,000 | -3.8% | -- |
| 09/06/2024 09/06/24 | For Sale | $1,300,000 | -- | -- |
Source: East Tennessee REALTORS® MLS
MLS Number: 1275600
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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