Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find that perfect property. On the lake, around town or out on a farm, Pat McCollum is here to help!
Public Remarks: PERFECT LOT FOR OVERNIGHT RENTALS! This 0.52-acre lot is one of two side-by-side lots being sold separately. The other is Lot 107 Caughron Dr. Together, they total nearly one full acre if purchased as a package. Situated in a quiet development outside Sevierville city limits, the lot offers convenient back road access to both Gatlinburg and Dollywood. While the lot has not yet been perc-tested for a septic system, many nearby parcels have been approved for 3-bedroom septic systems. City water utility is available though, which can help reduce building costs. The community enforces light restrictions to maintain the quality of the development, but there are no HOA fees and no HOA enforcement, providing you with freedom and flexibility. OVERNIGHT RENTALS ARE ALLOWED! Strong rental income potential has been demonstrated by 2318 Arch Rock Dr., located next door, which sold in 2024 and generated $56K annually as a 3-bedroom home. The adjoining lot, Lot 107 Caughron Dr., is also available separately for $49,000 and covers 0.44 acres. Together, these level, buildable lots present a rare opportunity to create a sizable rental property. Lots in this development rarely become available and sell quickly—don't miss out on this incredible opportunity. Buyer to verify all information during due diligence.
At the intersection of Dolly Parton Parkway (US- 411) and Long Spring Road (TN-339) turn RIGHT and go 0.7 mile. Long Springs Rd turns into Old Newport Hwy, continue on for 1 mile. Turn RIGHT onto Allen Road go 0.3 miles, bare RIGHT onto Arch Rock Dr and drive for 0.3 miles. Turn LEFT onto Arch Rock Dr and drive for 0.3 mile. Turn RIGHT onto Caughron Dr. Property will be on the RIGHT .. directly across from 605 Caughron Dr. & 2259 Arch Rock Dr. Let's be honest - just use your GPS - what year is it? .. lol
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
Buying or Selling real estate should be fun and simple. With Pat McCollum, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!
