121 & 141 Spring St
Property Description
2 HOMES, 4 PARCELS, 5.33 Acres in Sevier County, TN Investor Opportunity, OWNER WILLING TO SPLIT= PLEASE CALL AN AGENT FOR MORE INFORMATION Rare Multi-Home Investment in Sevier County! This incredible investment package includes three homes across four separate parcels (totaling 5.33 acres) being sold together-with the possibility of separation for the right offer. Known locally as part of the historic L.P. Yett Family Farm, this land has been in the same family since the 1950s and now presents a once-in-a-generation opportunity to own a piece of Sevier County heritage. Located just minutes from Pigeon Forge, Gatlinburg, Sevierville, Dollywood, and Soaky Mountain Waterpark, this area sits within the fastest-growing corridor of the Smoky Mountains region-a prime destination for development, restoration, or long-term investment. Property Overview: 121 Spring Street: 2-bedroom, 1-bath home in better condition, featuring city water, city sewer, a private well, and an actual natural spring. It also includes a detached garage and two storage sheds, ideal for equipment or workshop use. 141 Spring Street: 2014 manufactured home offering 4 bedrooms and 2 baths. This home is currently occupied and move-in ready, providing livable space while upgrades or redevelopment occur on the other parcels. Why Investors Will Love It: With strong infrastructure access (city utilities, detached storage, open land) and unmatched proximity to major Sevier County attractions, this property package is a blank slate for investors, developers, or those seeking multi-family living potential. While two of the three homes are not likely to qualify for conventional financing, this presents a perfect opportunity for cash buyers or creative financing investors ready to bring new life to this family estate. The Sevier County corridor is booming-with rising property values, tourism growth, and increasing demand for quality long-term housing-making this property an excellent candidate for renovation, expansion, or multi-parcel resale. Motivated sellers are ready to make a deal-this property is for sale but not on sale. Opportunities like this in the Sevier County market won't last!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $599,900 |
| No. of Units: | 2 |
| Year Built: | 1997 |
| Opportunity Zone: | No |
| Price per unit: | $299,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 0 |
ID: 3yd-KAARMLSTN-1328451
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
544 Possum Creek Road
Bluff City, TennesseeBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout