$40,000
●
Land -
Off Market
1006 Ridgefield Drive
Sevierville, TN 37876
Studio
0 Bath
$240
Est. Monthly
About This Property
Nestled in the front portion of the highly sought-after Sky Harbor
Resort, this prime building lot offers the perfect setting for your
dream home or investment property. Centrally located between Pigeon
Forge, Gatlinburg, and Sevierville-Dolly Parton's hometown-you'll
enjoy easy access to top attractions, shopping, and dining.
Previously approved for a 2-bedroom septic (renewal required), this
lot is ready for your vision. Sky Harbor Resort provides a smooth
building process with reasonable restrictions, ensuring quality and
consistency in the community. With strong rental income potential,
this location presents an incredible opportunity. The possibilities
are endless-don't miss out! Buyer to verify all information.
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Realtracs #RTC3549138)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | Listed by Hometown Realty LLC | $47,500 | |
| Listed by Hometown Realty LLC | |||
| | |||
|
Nestled in the front portion of the highly sought-after Sky Harbor Resort, this prime building lot offers the perfect setting for your dream home or investment property. Centrally located between Pigeon Forge, Gatlinburg, and Sevierville—Dolly Parton's hometown—you'll enjoy easy access to top attractions, shopping, and dining. Previously approved for a 2-bedroom septic (renewal required), this lot is ready for your vision. Sky Harbor Resort provides a smooth building process with reasonable restrictions, ensuring quality and consistency in the community. With strong rental income potential, this location presents an incredible opportunity. The possibilities are endless—don't miss out! Buyer to verify all information.
| |||
| Oct 11, 2018 | No longer available | - | |
| No longer available | |||
| Sep 4, 2018 | Listed | $27,500 | |
| Listed | |||
| | |||
|
This lot is easy to get to in the front portion of the centrally located Sky Harbor resort. The drive has been cut in to a nice leveled off area for your cabin. This lot had been approved for a 2 septic, but that will need to be renewed prior to construction. This lot is one of the few in Sky Harbor that allows a park model to be put on the parcel. Having reasonable restrictions, this resort makes the building process easier and more enjoyable....and the location is ideal for a profitable overnight rental. So bring your floor plans and let's find a builder!
| |||
| Mar 15, 2010 | Listed by All Star Realty | $30,000 | |
| Listed by All Star Realty | |||
 | |||
|
A good gently rolling lot with site already roughed in. Shared well and septic approved.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sevier
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Listed by: Ryan Coleman, Hometown Realty LLC
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3549138
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3549138
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]
Brokerage email: [email protected]
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Phone: 425-283-2930
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