$140,000
$149,900
6.6%For more information regarding the value of a property, please contact us for a free consultation.
729 Fox Hollow Rd Gatlinburg, TN 37738
1.29 Acres Lot
Key Details
Sold Price $140,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Timber Ridge Cabins
MLS Listing ID 1187148
Sold Date 05/12/22
HOA Fees $50/ann
Originating Board East Tennessee REALTORS® MLS
Lot Size 1.290 Acres
Acres 1.29
Lot Dimensions 48X47X189X233X15X490X74X201X79
Property Description
729 Fox Hollow is a ''Fire of 16'' fire loss lot being offered on the market with a unique twist. The unique twist is Timber Ridge being a community of antique log homes that represent cabins built by early pioneers but with the modern conveniences demanded today. Cultural heritage blends with a great Gatlinburg location combined with high speed internet availability to provide potential solid rental returns. Buyers are to read the restrictions to understand details about a certain percentage of the cabin required to be constructed out of heirloom logs or the potential to source ''retro'' hand hewed logs. Buyers are encouraged to tour Timber Ridge Community to see examples of the type of construction required and to ascertain the potential of 729 Fox Hollow. In fact, Timber Ridge Community attained national attention via the DIY Network's Barn Builders "Out of the Ashes" episode. The cabin featured is 813 Old New Ground Road. What 729 Fox Hollow offers buyers is an existing 2-bedroom septic system and an existing well for your inspection. In addition, the property has flat and expansive parking area to ease construction staging. The old house seat is apparent and so is the view off what would once again be a back deck. The view is towards Mt Harrison with Blanket and Sugarland Mountains in the Smokies also visible. Another attractive feature is the route from Beech Branch over the hill via E Kings Ridge Road to reach the Dudley Creek Bypass, a favorite local route that avoids congested roads. This connection makes the location convenient to Highway 321/ East Parkway from the "Spur/ HWY 441". Realtors are encouraged to share HOA contact information plus HOA building regulations with clients to determine if a non-cookie cutter approach to an overnight rental, second home or owner-occupied residence is the correct option. The documents are uploaded in the Associated document section of the listing. HOA fees are $600/yearly. With the current lack of inventory on the Gatlinburg market for short termm rental use, 729 Fox Hollow is a value property worthy of consideration. Please have a look and decide if the Timber Ridge Community is the right choice for your investment future.
Location
State TN
County Sevier County - 27
Area 1.29
Zoning None, Zoned Residential
Exterior
View Mountain View, Wooded
Topography [object Array]
Road Frontage , County, Paved
Garage No
Building
Lot Description Rolling, Wooded, Rolling Slope
Faces From Gatlinburg, take the ''Spur ''north to a right on Beech Branch Rd. Travel Beech Branch 1.1 mi. to entrance of Timber Ridge. From the Duck Pond veer left traveling uphill to 729 Fox Hollow on the left. The flat parking area will be obvious. The entry section of the drive is clear to park. However, walking to the house seat is required at this time due to fallen trees.
Others
Restrictions Yes
Tax ID 116 159.29
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