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234 Caton Rd

10.54 Acres of Commercial Land Offered at $10,500,000 in Sevierville, TN 37862

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Investment Highlights

90 Townhomes: Duplex & Fourplex layouts, 3 bedrooms, 3.5 bathrooms, 1,500 sq ft each.
Event Venue/Banquet Hall: Accommodates 300+ people.
Prime Location: Direct access to Tanger Outlets, near I-40, Pigeon Forge, Gatlinburg, and the Smoky Mountains.

162-Room Hotel: Includes rooftop bar and restaurant.
World-Class Amenities: Indoor/outdoor lagoon-style pool, hot springs, gym, recreation center, outdoor kitchen, and dog park.

Executive Summary

Smoky Summit Development spans 10.54 acres and is zoned C3. The proposed plan includes 90 townhomes, a 162-room hotel with a rooftop bar and restaurant, and a versatile event venue/banquet hall. Amenities feature a lagoon-style pool, gym, recreation center, outdoor kitchen, and dog park. Walking paths offer direct access to Tanger Outlets. While the project is approved for the current plans, new ownership has the flexibility to customize and create their own masterpiece in this high-traffic tourist area. Don't miss out on this premium investment opportunity!
Please visit https://svnwood.com/inventory/?propertyId=1369483-sale and click Documents to view additional info.

Property Facts

Price	$10,500,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Multifamily Hospitality
No. Lots	1	Total Lot Size	10.54 AC
Property Type	Land

Price	$10,500,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Hospitality
Total Lot Size	10.54 AC

1 Lot Available

Lot

Price	$10,500,000	Lot Size	10.54 AC
Price Per AC	$996,204.93

Price	$10,500,000
Price Per AC	$996,204.93
Lot Size	10.54 AC

Prime development opportunity in the heart of Sevierville, TN, just off the Parkway near Tanger Outlets and major attractions in Pigeon Forge and Gatlinburg.

Description

Located in the heart of Sevierville, TN. Smoky Summit is just off the Parkway near Tanger Outlets and major attractions in Pigeon Forge and Gatlinburg.

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