$999,000
$301K PRICE DROP

Tracts 123 Mcmahan Rd Pigeon Forge, TN 37863

Estimated payment $5,579/month

Total Views 4,277
12 Acres
$84,091 Price per Acre
517,493 Sq Ft Lot

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!

Listing Agent

David Connors

ReMax First License #315478 Listed on: 03/08/2025

ReMax First

Co-Listing Agent

Becca Pinkerton

ReMax First License #334052

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

Property Details

Property Type

Land

Est. Annual Taxes

$735

Lot Details

0

Listing Details

  • Directions: From the Parkway (US 441) in Pigeon Forge headed toward Gatlinburg, turn left onto Golf Road. Cross the bridge over the Little Pigeon River, then take an immediate Left onto Valley View Road. Bear Right onto McMahan Rd. and go approximately 1/2 mile to gravel road entrance at Evans Rd street sign. See for sale sign at entrance.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 11.88
  • Lot Size: 2200x800 IRR
  • Road Frontage Type: City Street, Paved
  • Co List Office Mls Id: 432
  • Co List Office Phone: 865-981-1004
  • Subdivision Name: McMahan Add 2
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • General Property Description:Lot Size SqFt: 517493.0
  • Property Sub-Type:Single Family2: Yes
  • Utilities Available:Sewer6: Yes
  • Topography:Partially Cleared: Yes
  • Topography:Steep: Yes
  • Improvements:Driveway3: Yes
  • Road Access:Private Road: Yes
  • Lot Description:Pond: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View, Wooded
  • Lot Features: Pond, Rolling, Wooded
  • Topography: Steep, Partially Cleared
  • Road Frontage Paved: Yes

Utilities

  • Utilities: Cable TV

Lot Info

  • Lot Size Sq Ft: 517493.0
  • Parcel #: 095I B 016.00
  • Zoning Description: Zoned Residential, Zoned Multi-Family

Tax Info

  • Tax Annual Amount: 735.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

Source: East Tennessee REALTORS® MLS

MLS Number: 1275600

East Tennessee REALTORS® MLS