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Lot 3 Cove Mountain Rd, Gatlinburg, 37738
Priced At: $2,200,000
Property Details for ID: 1295680
MLS Status: Active
Property Type: Land
On Market Date: 2025-04-02T19:05:25Z
Subdivision: Cold Springs Hollow
Public Remarks: Exceptional Investment Opportunity in the Smoky Mountains Strategically positioned just off the renowned Gatlinburg Spur, this nearly 20-acre parcel presents a rare opportunity for investors and developers seeking premium real estate in one of the region's most sought-after locations. With commanding, unobstructed views of the Smoky Mountains in every direction, this property offers unmatched potential for a high-end development, luxury rental community, or exclusive private estate. Its prime location ensures seamless access to both Gatlinburg and Pigeon Forge, combining the convenience of major attractions with the serenity of a mountain retreat. Featuring rolling terrain and panoramic vistas, this property is primed for a visionary project. Preliminary plans proposed an 8-lot development, though final county approval will be required. This is an outstanding opportunity for investors looking to capitalize on the area's booming tourism and real estate market.
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
Building Description
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Directions
on the spur headed to Gatlinburg, take a right onto Cove Mtn Rd, follow to the top see sign at the road.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!