3 Beds
1 Bath
1,339 SqFt
3 Beds
1 Bath
1,339 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,339 sqft
Price per Sqft $485
MLS Listing ID 710068
Bedrooms 3
Full Baths 1
Year Built 1975
Annual Tax Amount $372
Lot Size 5.930 Acres
Acres 5.93
Lot Dimensions 5.93
Property Sub-Type Single Family Residence
Source Lakeway Area Association of REALTORS®
Property Description
Rare Multi-Home Investment in Sevier County!
This incredible investment package includes three homes across five separate parcels (totaling 5.93 acres) being sold together—with the possibility of separation for the right offer. Known locally as part of the historic L.P. Yett Family Farm, this land has been in the same family since the 1950s and now presents a once-in-a-generation opportunity to own a piece of Sevier County heritage. Located just minutes from Pigeon Forge, Gatlinburg, Sevierville, Dollywood, and Soaky Mountain Waterpark, this area sits within the fastest-growing corridor of the Smoky Mountains region—a prime destination for development, restoration, or long-term investment.
Property Overview:
125 High Drive: 3-bedroom, 1-bath home with panoramic mountain and valley views, perched privately above the surrounding area. This property needs extensive renovation but offers exceptional potential as a primary residence or long-term rental.
121 Spring Street: 2-bedroom, 1-bath home in better condition, featuring city water, city sewer, a private well, and an actual natural spring. It also includes a detached garage and two storage sheds, ideal for equipment or workshop use.
141 Spring Street: 2014 manufactured home offering 4 bedrooms and 2 baths. This home is currently occupied and move-in ready, providing livable space while upgrades or redevelopment occur on the other parcels.
Why Investors Will Love It:
With strong infrastructure access (city utilities, detached storage, open land) and unmatched proximity to major Sevier County attractions, this property package is a blank slate for investors, developers, or those seeking multi-family living potential. While two of the three homes are not likely to qualify for conventional financing, this presents a perfect opportunity for cash buyers or creative financing investors ready to bring new life to this family estate. The Sevier County corridor is booming—with rising property values, tourism growth, and increasing demand for quality long-term housing—making this property an excellent candidate for renovation, expansion, or multi-parcel resale.
Motivated sellers are ready to make a deal—this property is for sale but not on sale. Opportunities like this in the Sevier County market won't last!
Location
State TN
County Sevier
Direction From Winfield Dunn Parkway take Right on W Main street. Turn Right on Old Knoxville HWY to High Drive top of the hill. And turn on Spring ST for the other 2 houses.
Interior
Heating Electric
Cooling Central Air, Electric
Fireplace No
Exterior
Utilities Available Natural Gas Connected, Fiber Internet
Accessibility Accessible Approach with Ramp
Garage No
Building
Lot Description Back Yard, City Lot, Cul-De-Sac, Sloped, Split Possible, Steep Slope, Wooded
Water Public, Spring, Well
New Construction No
Others
Senior Community No
Tax ID 049A A 014.00
Special Listing Condition Standard
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