123 McMahan Avenue

Off Market

123 McMahan Avenue

Sevierville TN 37862

11.88 ac.

Land

Last sold for $875,000

David Connors, last sold this property on 16 October 2025 after 346 days on market.

Overview

Possible seller financing. Presenting a once in a lifetime development opportunity in the heart of Pigeon Forge. This 11.88-acre property has an approved PUD with the city of Pigeon Forge for 26 Chalets/Cabins! It is Zoned R2, which has numerous possibilities and allows for Short Term Rentals. Underground Public Utility Water, Sewer and Electric are available at McMahan Rd. This property offers acres of level to rolling ground, beautiful woods, hollows, mountain view, privacy, small pond, and an active well. The property's ideal location puts it less than 1 mile to the parkway, 3 miles to The Island, and 10 miles to the Gatlinburg entrance of the Great Smoky Mountains National Park. The Gatlinburg/Pigeon Forge Golf Course fairway and Dollywood are just a stone's throw to the west. This property is perfect for builders, developers, or investors looking to get into the Smoky Mountains vacation market. Years worth of planning, engineering and city reviews/approvals are completed and offered with this sale. This is a shovel-ready project, saving the new owner much expense and years of time. Recent survey and PUD plans are available for review. Three parcels are combined for this sale: also includes parcel numbers 017.00 and 019.00. One of the sellers has a real estate license. Schedule your guided tour today!

Features

11.88 ac. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Sevierville over the last 12 months, the estimated median property value of 123 McMahan Avenue is $101.25k.

Median value

$101.25k

Estimated value range

$10.5k - $1.45m

Median days on market

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Sevierville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 123 McMahan Avenue

2025

Sold

$875,000

16 Oct 2025 by David Connors, of RE/Max First

Happy sellers in Sevierville

We have insufficient information to provide an overview of customer satisfaction for Sevierville. Viewing the agent profiles, reviews and sales for Sevierville can provide insights for this location.

Local market activity for land plots in Sevierville

In the last 12 months, 27 land plots similar to 123 McMahan Avenue, have been sold.

This represents a 42% increase in land plots sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Sevierville for a market analysis.

Gary Gibson

at PRIME MOUNTAIN PROPERTIES

(3 reviews)

Get a market analysis

Dawn Moats

at Smoky Mountain Realty

(70 reviews)

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Laura Wolfenbarger

at Smithsonian Real Estate

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Kelli Brewer

at eXp Realty, LLC (CE - SR09 - Tennessee)

(3 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sevierville

Gary Gibson

Gary Gibson is a recommended agent for Sevierville. They have 1 local sale and collected 2 local reviews across the last 12 months.

5 (3 reviews)
2 Reviews in Sevierville
1 Sale in Sevierville

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Dawn Moats

Sellers who recommend Dawn Moats have praised them for being local expert, clear communication, responsive, supportive, dedicated, reliable, and friendly