$199,900
●
Land -
Active
2345 Paradise Way
Sevierville, TN 37876
Studio
0 Bath
$1,007
Est. Monthly
About This Property
12.04 ACRES OF PRIVACY, MOUNTAIN VIEWS & ENDLESS POSSIBILITIES!
An extraordinary opportunity to build your dream luxury estate on 12.04 breathtaking acres! Offering the perfect combination of privacy, natural beauty, and thoughtful improvements, this remarkable property is ready for you to bring your vision to life!
The current owner has spared no expense in preparing this property for its next chapter! A homesite has already been cleared and excavated to accommodate a 12-foot basement, a private well has been installed, and a road has been cut in for access. You'll also enjoy a 1,200-square-foot metal building with electricity, a pond, gorgeous mountain views, and minimal restrictions!
Imagine creating your own private retreat with winding nature trails, ATV adventures, and plenty of room to explore and enjoy the great outdoors. Whether you envision a stunning luxury estate, a peaceful mountain getaway, or your own secluded sanctuary, the possibilities are incredible!
Septic installation will be required.
With so much of the groundwork already completed, this property offers a rare opportunity to begin building your dream without starting from scratch.
PRIVACY. BEAUTY. ACREAGE. OPPORTUNITY. Properties offering this combination of features and improvements are truly special!
A MUST-SEE TO FULLY APPRECIATE!
Septic was previously approved.
An extraordinary opportunity to build your dream luxury estate on 12.04 breathtaking acres! Offering the perfect combination of privacy, natural beauty, and thoughtful improvements, this remarkable property is ready for you to bring your vision to life!
The current owner has spared no expense in preparing this property for its next chapter! A homesite has already been cleared and excavated to accommodate a 12-foot basement, a private well has been installed, and a road has been cut in for access. You'll also enjoy a 1,200-square-foot metal building with electricity, a pond, gorgeous mountain views, and minimal restrictions!
Imagine creating your own private retreat with winding nature trails, ATV adventures, and plenty of room to explore and enjoy the great outdoors. Whether you envision a stunning luxury estate, a peaceful mountain getaway, or your own secluded sanctuary, the possibilities are incredible!
Septic installation will be required.
With so much of the groundwork already completed, this property offers a rare opportunity to begin building your dream without starting from scratch.
PRIVACY. BEAUTY. ACREAGE. OPPORTUNITY. Properties offering this combination of features and improvements are truly special!
A MUST-SEE TO FULLY APPRECIATE!
Septic was previously approved.
Unit Size
-
Days on Market
18 days
Land Size
12.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$25
HOA Dues
-
Year Built
-
Listed By
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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: 17 days ago (East Tennessee Realtors #1359197)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Listed by Marble Key Realty | $199,900 | |
| Listed by Marble Key Realty | |||
| Sep 5, 2026 | No longer available | - | |
| No longer available | |||
| May 26, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Price Decreased |
$209,900
↓ $15K
(6.7%) | |
| Price Decreased | |||
| Jan 11, 2026 | Price Decreased |
$224,900
↓ $15K
(6.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Exterior Details
Lot Features: Private, Wooded, Rolling
Lot Size Area: 12.04
Lot Size Units: Acres
Lot Size Acres: 12.04
Lot Size Square Feet: 524462.4
Lot Size Dimensions: 12.04 +/- acres
Tax Lot: Tr13
Financial Details
Tax Annual Amount: $299
Location Details
HOA/Condo/Coop Amenities: Other
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Sevier
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Listed by: Page Pratt
Listed Office: Marble Key Realty - Listing courtesy of East Tennessee Realtors
Phone: 865-548-1968
Last Updated: 2026-10-17 15:05:30
Last Checked: 17 days
Data Source: East Tennessee Realtors, MLS# 1359197
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
Listed Office: Marble Key Realty - Listing courtesy of East Tennessee Realtors
Phone: 865-548-1968
Last Updated: 2026-10-17 15:05:30
Last Checked: 17 days
Data Source: East Tennessee Realtors, MLS# 1359197
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017