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31 photos

$5,900,000

820 Old Gate Rd, Pigeon Forge, TN 37863
Pigeon Forge, TN 37863
Listed by Rick Cochran · Keller Williams
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Incredible investment opportunity! Rare find just off the strip in Pigeon Forge! Electric, Water, and Sewer on property! 16.22 Acres In The Heart of Pigeon Forge, just a short walk from the Parkway, and directly beside Camp Margaritaville RV Resort & Lodge. Property is currently zoned R-2, just waiting for you to build your hotel, cabin development, mixed residential, high density, or mobile home / RV park. You could even build your dream home on your own private estate. All of the essential utilities are in place including water, sewer, and electric onsite and ready for your plans. Only minutes from Dollywood, Tanger Outlets, and all of the fun and attractions that Pigeon Forge has to offer. It's only a short distance to Gatlinburg, and the Great Smoky Mountain National Park too. This property also has two existing cabins that are currently occupied, used as long-term rentals. Cabin #1 is a 3-bedroom, 2-bath, and Cabin #2 is a 2- bedroom, 2-bath. Property is currently taxed Agricultural. *Drone photography used.

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1268331
Property type
Land
Subdivision
N/A
Status
Active
Days on market
831
On market date
January 14, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
16.22 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Pigeon Forge Intermediate
3.55 mi away · Grades 3-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
414
Student:teacher ratio
15.3:1
District
Sevier County
Middle
Pigeon Forge Junior High School
3.22 mi away · Grades 7-9
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
453
Student:teacher ratio
11.0:1
District
Sevier County
High
Pigeon Forge High School
3.37 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
430
Student:teacher ratio
10.2:1
District
Sevier County

Walkability

Blended score for Pigeon Forge's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

19
Very car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable
Google Places amenity density
3 / 100
Restaurants & cafes1
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Pigeon Forge, from live MLS data.

On the market 831 days -- 717 more days than Pigeon Forge's current average of 114 days.
For reference, the median list price across 229 active listings in Pigeon Forge right now is $530,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$35,680/mo
$1,180,000 down
$4,720,000 loan
Principal & interest$30,614
Property tax (est.)$4,917
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 13 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.