655 Lane Hollow Rd, Sevierville, TN 37876

$1,120,000
Property Type: Single Family Bedrooms: 3 Square Footage: 2,317 Lot Size (sq. ft.): 1,998,968 Status: Closed
Current Price: $1,120,000 List Date: 5/08/2023 Last Modified: 6/27/2025

Description

Vacation home with DEVELOPMENT POTENTIAL! 45+ acres with a FULLY FURNISHED unique 3 bedroom and 3 bathroom STR (short term rental) cabin. Operating since September 2022 with projected $110K yearly. Only 12 miles from Dollywood (Pigeon Forge) and 20 miles to Gatlinburg & National Park (over 14M visitors in 2021). Property allows for 1 home PER 2 acres (based on usable acreage- buyer verify). Incredible opportunity to grow your income by adding more homes/structures. Sleeps 10, this recently renovated 3 bed 3 bath cabin features a new basement (546 approx sqft) bringing total livable sqft to approx 2,317. Basement boasts plenty of entertainment with a 100'' movie theater screen w/ stadium seating, arcade games, foosball and air hockey. 2 bathrooms remodeled and a 3rd bathroom added to loft area! All new items including 5 head smart zone mini split AC system, electric tankless water heater , LVP flooring, 5 person spa, fire pit area, bear resist trash enclosure, smart entrance gate, fresh paint and exterior staining. Outside is perfect for hanging out with a wrap around deck, Hot Tub, firepit, grill, picnic table and rocking chairs. Also on the site is a 4000 approx sqft 3 Bay Warehouse with 12 ft doors (previously set up for parking an RV on the other end of the property fully insulated with electricity. Electric already runs through a large portion of the property (2 meters). Property uses septic and well water however utility water is available at main road. You will not find another property with so many suitable uses...from an overnight rental cabin, potential development with multiple building sites to a private estate. (Drone photography used). As with all real estate transactions Buyers and buyers agent should always verify square footage, taxes and tax records As it is deemed to be reliable but not guaranteed.

More Information MLS# 1226419

Contract Info

Auction Y/N: No Occupancy: Either Listing Price: 1249000 Current Price: $1,120,000 Status: Closed Listing Date: 2023-05-06

Location, Tax & Legal Info

Area: Sevier County - 27 Property Sub-Type: Residential City/County Code: County Total Tax: 2022

General Property Description

Type: 2 Story Basement # Bedrooms: 3 Acres: 45.89 Acre Source: Tax Records # of Rooms: 9 Restrictions: No Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 1771 SqFt - Down Lvl: 1064 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: No Basement: Yes Bonus Room: Yes Extra Storage: Yes SqFt - Total (Aprox): 2317 Baths - Full: 3 Year Built: 1995

Remarks & Misc

Directions: From Dolly Parton Parkway take left onto Walnut Grove. In .2 miles take Left onto Lane Hollow Rd. In 2.1 miles take gravel driveway to the right - follow to property on right. See Signs. Public Remarks: Vacation home with DEVELOPMENT POTENTIAL! 45+ acres with a FULLY FURNISHED unique 3 bedroom and 3 bathroom STR (short term rental) cabin. Operating since September 2022 with projected $110K yearly. Only 12 miles from Dollywood (Pigeon Forge) and 20 miles to Gatlinburg & National Park (over 14M visitors in 2021). Property allows for 1 home PER 2 acres (based on usable acreage- buyer verify). Incredible opportunity to grow your income by adding more homes/structures. Sleeps 10, this recently renovated 3 bed 3 bath cabin features a new basement (546 approx sqft) bringing total livable sqft to approx 2,317. Basement boasts plenty of entertainment with a 100'' movie theater screen w/ stadium seating, arcade games, foosball and air hockey. 2 bathrooms remodeled and a 3rd bathroom added to loft area! All new items including 5 head smart zone mini split AC system, electric tankless water heater , LVP flooring, 5 person spa, fire pit area, bear resist trash enclosure, smart entrance gate, fresh paint and exterior staining. Outside is perfect for hanging out with a wrap around deck, Hot Tub, firepit, grill, picnic table and rocking chairs. Also on the site is a 4000 approx sqft 3 Bay Warehouse with 12 ft doors (previously set up for parking an RV on the other end of the property fully insulated with electricity. Electric already runs through a large portion of the property (2 meters). Property uses septic and well water however utility water is available at main road. You will not find another property with so many suitable uses...from an overnight rental cabin, potential development with multiple building sites to a private estate. (Drone photography used). As with all real estate transactions Buyers and buyers agent should always verify square footage, taxes and tax records As it is deemed to be reliable but not guaranteed.

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1 Log: 1

Construction

Log: 1 Masonry: 1

Siding

Log: 1 Wood: 1

Fireplace

Gas Log: 1

Cooling

Central Cooling: 1

Floors

Carpet: 1 Hardwood: 1

Garage/Parking

Garage Spaces: 2 Attached: 1 Carport: 1 Detached: 1 Garage Door Opener: 1 RV Garage: 1 RV Parking: 1

Basement

Partially Finished: 1

Lot Description

Level: 1 Private: 1 Rolling Slope: 1 Wooded: 1

Fuel

Electric: 1

View

Country Setting: 1

Heat

Central: 1 Heat Pump: 1

Dining Area

Eat-in Kitchen: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Smoke Detector: 1 Washer: 1

Other Rooms

Laundry/Utility: 1

Exterior Features

Deck: 1 Porch - Covered: 1

Misc Features

Cathedral Ceiling(s): 1 Kitchen Island: 1 Washer/Dryer Connect: 1 Whirlpool Tub: 1

Sewer

Septic Tank: 1

Water

Well: 1

Outbuildings

Detached Workshop: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 655 Street Name: Lane Hollow St Suffix: Rd State/Province: TN Zip Code: 37876 PIN #: 039 16.00 Geo Lat: 35.899421 Geo Lon: -83.501857

Status Change Info

Status Change Date: 2023-07-01 Under Contract Date: 2023-06-10 Sold Date: 2023-06-29 Sold Price: $1,120,000

Property Features

Style: Cabin; Log Construction: Log; Masonry Siding: Log; Wood Basement: Partially Finished Lot Description: Level; Private; Rolling Slope; Wooded View: Country Setting Fireplace: Gas Log Floors: Carpet; Hardwood Fuel: Electric Heat: Central; Heat Pump Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer Sewer: Septic Tank Water: Well Other Rooms: Laundry/Utility Misc Features: Cathedral Ceiling(s); Kitchen Island; Washer/Dryer Connect; Whirlpool Tub Exterior Features: Deck; Porch - Covered Outbuildings: Detached Workshop Dining Area: Eat-in Kitchen Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: Tennessee Elite Realty
Office Phone: 865-280-4922
Last Updated: June - 27 - 2025
655 Lane Hollow Rd, Sevierville, TN 37876- MLS# 1226419
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