Check Availability
Gatlinburg 37738
721 Park Vista Way
$195,000
↓ $4K (2%)
Land - For Sale

721 Park Vista Way

Gatlinburg, TN 37738
bedrooms
Studio
bathrooms
0 Bath
$1,491
Estimated Monthly
$332
HOA / Fees
2.09%
Cap Rate

About This Property

Amazing view lot in prime resort now available for purchase! This beautiful PUD lot offers breathtaking views of the Great Smoky Mountains National Park and is located in the area's top rated overnight cabin resort- Gatlinburg Falls Parkview Resort.

Lot 42 is strategically located on a small ridge that offers stunning panoramic views of the surrounding mountains. Just minutes away from downtown Gatlinburg, you'll enjoy the best of both worlds; a gorgeous mountain setting and easy access to all the city has to offer.

See documents for a site plan of Lot 42 parking and access. The buyer of lot 42 will have the unique opportunity to create a custom designed cabin, built to their own specific preferences. The buyer's custom site and building plans will need to be submitted to the City Of Gatlinburg's Building Department for approval. This property is served by city water and sewer, making it easy to build your dream cabin.

Lot 42 is one of the last remaining vacant lots available in Gatlinburg Falls Parkview Resort. This resort is known for its ideal location and produces some of the highest rental incomes in the entire area. In fact, a four bedroom cabin at Gatlinburg Falls grossed over $143,000 in 2022!

Resort amenities include a pool, clubhouse, fitness room, and is well managed and protected by an active HOA, so there's no worry about poorly maintained neighboring properties distracting from the value of your investment.

Act fast. This one won't last long!
Unit Size
-
Days on Market
443 days
Land Size
0.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$201
HOA Dues
$332
Year Built
-
Listed By
Last updated: 23 days ago (KAARMLSTN #1218491)

Price History

Date / Event Date Event Price
Apr 14, 2024 Price Decreased $195,000
↓ $4K (2%)
Price Decreased
May 16, 2023 Price Decreased $199,000
↓ $96K (32.5%)
Price Decreased
Apr 22, 2023 Price Decreased $294,900
↓ $100 (0%)
Price Decreased
Feb 19, 2023 Listed by LeConte Realty, LLC. $295,000
Listed by LeConte Realty, LLC.

Property Highlights

With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: GAT FALLS PARKVIEW RESORT
  • Land Acres: 1
  • Legal Description 1: GAT FALLS PARKVIEW RESORT PB 45 PG 33 LOT 42 UNIT-42

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78287
  • Census Tract: 081103

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 117
  • District: 11
  • Parcel: 117-063.00-042
  • Lot: 42
  • Municipality: GATLINBURG
  • Latitude: 35.7292
  • Longitude: -83.4911

    Address

  • Full Address: 721 Resort Way
  • Address - House Number: 721
  • Address - Street Name: Resort
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Gatlinburg
  • Zip Code: 37738

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $185
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 78A01

    Market Valuation

  • Market Total Value: $50,000
  • Market Land Value: $50,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $12,500
  • Assessed Land Value: $12,500

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$249,900 Aug 20, 2022
-
$299/mo

About Gatlinburg


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626 Kristis Place, Gatlinburg, TN 37738 Listing by Scott Ogle

Nearby Rentals



Frequently Asked Questions

When was property at 721 Park Vista Way built and last sold?
The property at 721 Park Vista Way was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 721 Park Vista Way is $297,849.
What are some comparable homes to 721 Park Vista Way?
Homes that are comparable to 721 Park Vista Way include a land property at 626 Kristis Place, located in Gatlinburg, TN.

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