Sevierville, TN 37876,Lot 165 Reedmont WAY
Sevierville, TN 37876,Lot 165 Reedmont WAY
Sevierville, TN 37876,Lot 165 Reedmont WAY
9
Listed by Rachel Beasley • Local Realty Group
$135,000
$135,000
Est.Price: ?

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2,613 Sqft Lot

Lot 165 Reedmont WAY Sevierville, TN 37876

Est. payment /mo
SOLD DATE : 05/31/2023

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Key Details

Sold Price $135,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision The Lodges At Reedmont

MLS Listing ID 256403

Sold Date 05/31/23

HOA Fees $200/mo

HOA Y/N Yes

Originating Board Great Smoky Mountains Association of REALTORS®

Annual Tax Amount $368

Tax Year 2022

Lot Size 2,613 Sqft

Acres 0.06

Property Description

Looking for an investment opportunity with potential for significant tax benefits? Look no further than this lot in The Lodges at Reedmont, a premier short-term rental and opportunity zone development! This premier short-term rental development offers easy access with city utilities and no steep roads, making it the perfect location for a short-term rental. The lot can accommodate a 3-5 bedroom cabin with views of either Bluff Mountain, Hwy 66 or the Catlettsburg area. Located less than 5 minutes from Soaky Mountain Water Park and the Sevierville Convention Center, and only 15 minutes to Pigeon Forge, The Lodges at Reedmont offer an unbeatable location! And, as an opportunity zone development, investors have the potential to enjoy significant tax benefits, including tax deferrals on capital gains and potential tax-free appreciation on investments held for 10 years or more. Don't miss out on this rare investment opportunity in a prime location! [Drone photography used]

Location

State TN

County Sevier

Zoning R-1

Direction From Hwy 66 in Sevierville, turn onto Gists Creek Rd. towards Soaky Mountain Waterpark and continue for 1.2 miles. Turn right onto Reed Schoolhouse Rd. In .3 miles, the entrance will be on your right.

Exterior

Utilities Available Sewer Available

Waterfront No

View Seasonal

Street Surface Paved

Building

Lot Description Sloped, Wooded

Water Public

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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