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Sold for $135,000 on 06/01/23
  • $135,000

    166 Reedmont Way, Sevierville, TN 37876

    --beds
    --baths
    2,613.6Square Feet
    Unimproved Land, Land
    Built in ----
    2,613.6 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $2,015 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,015/mo

    Zestimate® history
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    What's special

    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]

    Zillow last checked: 8 hours ago

    Listing updated: September 10, 2024 at 09:54pm

    Listed by:

    Rachel Beasley 865-805-6114,

    Local Realty Group

    Bought with:

    Rachel Beasley, 353391

    Local Realty Group

    Source: GSMAR, GSMMLS,MLS#: 256471MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Seasonal
    Lot
    • Size: 2,613 sqft
    • Features: Sloped, Wooded
    Details
    • Zoning: R-1

    Utilities & green energy

    • Water: Public
    • Utilities for property: Sewer Available

    Community & neighborhood

    Location
    • Region: Sevierville
    • Subdivision: The Lodges at Reedmont

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $200 monthly
    • Services included: Maintenance Grounds, Roads
    • Association name: HOA

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/1/2023Sold$135,000
    Source: GSMAR, GSMMLS #256471
    4/13/2023Pending sale$135,000
    Source: GSMAR, GSMMLS #256471
    3/29/2023Listed for sale$135,000
    Source: GSMAR, GSMMLS #256471

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37876

    Nearby schools

    GreatSchools rating