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Sevier 37738
1A 4255 Lower Powdermill Road
Photo of 1A 4255 Lower Powdermill Road

32

Map

Photo of 1A 4255 Lower Powdermill Road
Photo of 1A 4255 Lower Powdermill Road
$3,250,000
● Land - For Sale

1A 4255 Lower Powdermill Road

Sevierville, TN 37876
bedrooms
Studio
bathrooms
0 Bath
$16,277
Est. Monthly

About This Property

Amazing development opportunity for a large parcel on the Edge of Gatlinburg totaling approximately 65 acres and Currently Zoned A-1 and R-1. This unique
property with a beautiful ridge top and some cleared pasture land has great potential for a combination of residential or vacation homes with fabulous mountain
views. A neighborhood entrance could be installed near the existing structure at 4255 Lower Powdermill Road. Bring your imagination and create the next luxury
development close to Gatlinburg.
Unit Size
-
Days on Market
242 days
Land Size
64.66 acres
Price per sqft
-
Property Type
Land
Property Taxes
$318
HOA Dues
-
Year Built
1958

Listed By

Robert Dansereau
[email protected]
Alliance Sotheby's International Realty

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 9 months ago ( #310255)

Price History

Date / Event Date Event Price
Feb 19, 2026 Listed by Alliance Sotheby's International Realty $3,250,000
Listed by Alliance Sotheby's International Realty
Jun 1, 2022 Listed by TN Smoky Mtn Realty $1,800,000
Listed by TN Smoky Mtn Realty
A large parcel of land was previously bought for a campground concept. House is just a bonus but the price reflects land value only. The concept campground includes this parcel and the one that it connects over the mountain which is 65.40 acres. A total of 144-acre concept campground, tiny homes, cabins, pool, and other amenities. Please reference MLS 249840 for Birds Creek 65 Acre parcel. These are being listed separately but can absolutely be bought together for $3.25 million

Property Highlights

Exterior Details
Other Structures: Barn(s), Other
Lot Features: Level, Private, Rolling Slope, Wooded
Lot Size Area: 64.66
Lot Size Units: Acres
Lot Size Acres: 64.66
Lot Size Square Feet: 2816589.6
Tax Lot: Unavailable
Water Source: None
Financial Details
Tax Annual Amount: $3,820
Utilities Details
Sewer : None

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,627,677
  • Total Building Area: 1,712
  • Gross Building Area: 1,712
  • Building Area: 1,712
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: ROY MCCARTER
  • Land Acres: 0000083280
  • Standard Land Use Code: 7001
  • County Land Use Code: 10
  • State Land Use Code: 11
  • Legal Description 1: ROY MCCARTER PB 42 PG 350

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081104

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 107
  • District: 13
  • Parcel: 107-074.00
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7625
  • Longitude: -83.4589

    Address

  • Full Address: 4255 Lower Powdermill Rd
  • Address - House Number: 4255
  • Address - Street Name: Lower Powdermill
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R027
  • 4-Digit Zip Code: 6134
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,712
  • Tax Year: 2023
  • Tax Amount: $382,000
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 78A00

    Market Valuation

  • Market Total Value: $1,032,400
  • Market Land Value: $929,300
  • Market Improvement Value: $103,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $258,100
  • Assessed Land Value: $232,325
  • Assessed Improvements Value: $25,775

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21031718
  • Previous Sale Recording Date: Mar 16, 2021
  • Previous Sale Contract Date: Mar 15, 2021
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sevier

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$337

Below Asking

0.02%

Average Days on Market

100

Average Home Size

2174 ft²

Average Home Age

22.9 years

Currently For Sale

2291 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 4255 Lower Powdermill Road built and last sold?
The property at 4255 Lower Powdermill Road was built in 1958 and last sold on Aug 26, 2021 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 4255 Lower Powdermill Road is $3,282,500.
What are some comparable homes to 4255 Lower Powdermill Road?
There are currently no comparable homes to 4255 Lower Powdermill Road.
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