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Active 179 days on market

519 Cherokee Orchard Rd

Gatlinburg, TN 37738 · Ogle Addn · Sevier County

$275,000

$75,000 price cut · Sep 25

Acres
0.18

Listing courtesy of MG Rise Real Estate Group · MLS #1339267

Description

RARE INVESTMENT OPPORTUNITY IN DOWNTOWN GATLINBURG! Secure one of the last available building lots with prestigious C-2 (General Business) zoning. This versatile parcel offers the ultimate flexibility for developers: build a high-performance Short-Term Rental (STR), boutique lodging, or a flagship commercial venture in the heart of a premier tourist destination. Unlike most residential zones in the city, C-2 zoning legally supports Tourist Residencies by right, allowing for lucrative nightly rental income. The property is 'shovel-ready' with all city utilities available at the site--including city water, sewer, and natural gas--drastically reducing your development timeline and costs.Positioned for maximum visibility and occupancy, this lot is just minutes from the Parkway's world-class attractions, restaurants, and the Great Smoky Mountains National Park entrance. Whether your vision is a multi-unit rental complex, a luxury mountain cabin, or a mixed-use retail space, this lot provides the foundation for success in a high-demand, 12+ million visitor-per-year market. Lots of this caliber are almost impossible to find--don't miss your chance to own a piece of Gatlinburg!.

Details

Home

Type
Land

Land

Lot size
0.18 acres
Lot
Irregular Lot, Wooded
Deed restrictions
Yes

Listing

MLS #
1339267
Status
Active
On market
179 days
Listed
May 2, 2026
Finances
Property tax
City + county
Inside city limits
HOA
None
No association dues

Price history

Sep 25, 2026
Price cut
$275,000 −$75,000
Before
Listed
$350,000

Accepted

  • Cash
  • Conventional
  • 1031 Exchange

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Call (865) 535-7119
Location
Neighborhood
Ogle Addn
County
Sevier
ZIP
37738

Drive times

  • Pigeon Forge 20 min
  • Sevierville 45 min
Approximate, by road

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Listing courtesy of MG Rise Real Estate Group. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1339267.