Lot 16 – 2036 Ridge Road – Pigeon Forge, TN 37863

ONLINE ONLY REAL ESTATE AUCTION

Buildable Lot in Convenient Pigeon Forge Location

SELLING ON BEHALF OF THE UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF TENNESSEE NORTHERN DIVISION AT KNOXVILLE
CASE NO.: 3:24-bk-31792-SHB

One of the Last Available Lots | Prime Cul-de-sac Location | All Utilities in Place

Seize this exceptional opportunity to build your dream mountain getaway or lucrative vacation rental in one of Pigeon Forge’s most desirable planned communities. This rare vacant lot in Honeymoon Gardens PUD offers the perfect canvas to create your ideal Smoky Mountain retreat.

PROPERTY HIGHLIGHTS

• One of the final remaining buildable lots in established community
• Premium cul-de-sac location providing privacy and minimal traffic
• All utilities readily available (natural gas, water, sewer, electricity)
• Minimal HOA fees of only $300 annually
• Flexible building options with 480 SF minimum requirement
• Previous owner’s plans were to build a contemporary 986 SF two-story cabin
• Lot Size: 40 x 55 | 0.05+/- acre

DEVELOPMENT POTENTIAL

This versatile lot presents limitless possibilities for your mountain property vision. With a minimum building requirement of just 480 square feet on one level, you can create anything from a cozy couples’ retreat to a spacious family vacation home. The previous owner had plans for a contemporary 986 SF two-story cabin as pictured in the shown digital rendering – offering an excellent starting point for your own design and vision.

IDEAL LOCATION

Perfectly positioned to maximize both personal enjoyment and rental potential:

• 5 minutes from Pigeon Forge’s entertainment, dining and shopping
• 12 minutes to Dollywood theme park
• 15 minutes to downtown Gatlinburg
• 20 minutes to Great Smoky Mountains National Park entrance

INVESTMENT OPPORTUNITY

With Pigeon Forge’s thriving vacation rental market, this lot represents an exceptional investment opportunity. Build a cabin that perfectly balances your personal preferences with proven rental features to maximize your return on investment in this high-demand tourist destination.

Don’t miss this rare chance to secure one of the last buildable lots in this desirable Pigeon Forge community.

Sevier County Parcel / Tax ID:

083E A 001.00, Special Interest 16

Yearly Property Taxes:

$102.83 – total yearly taxes | $10.33 – City of Pigeon Forge and $92.50 – Sevier County

Lot Size:

40 x 55 | 0.05+/- acre

Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.

M & M Title Company will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before May 5th, 2025.

The contract will not be contingent upon financing, inspections or any other contingencies.

Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!