5 Lots Cocke County Parrottsville, TN 37843
3.76 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Grandview Ridge
MLS Listing ID 1356897
Lot Size 3.760 Acres
Acres 3.76
Source East Tennessee REALTORS® MLS
Property Description
Offered together, these five lots total approximately 3.76 acres and present a strong opportunity for builders and investors seeking multiple homesites within the same immediate area. Four of the lots are located together within Grandview Ridge, while the fifth lot, 110 West Drive in Parrottsville Heights, is located approximately 0.4 miles away.
Grandview Ridge has seen continued residential development over the past several years, with new construction supporting consistently strong price-per-square-foot values. For builders, the four neighboring lots provide the advantage of concentrating multiple projects in one location, which can improve efficiency with subcontractors, material deliveries, equipment, scheduling, and overall construction management.
Potential strategies include building multiple homes for resale, completing homes in phases, holding select lots for future construction, or creating a small portfolio of new construction properties within the same market area.
The lots are served by Newport Utilities for electricity and public water. Builders should contact Newport Utilities directly regarding current tap fees, service installation, and connection requirements.
Wastewater service within Grandview Ridge is handled through the Town of Parrottsville system. The current connection process generally requires installation of a 1,000-gallon tank for solids, connection to the main sewer line, installation of a 4-inch shutoff valve and two-way tee, followed by inspection and approval prior to covering the connection, no septic permit is required in Grandview Ridge. Buyers and builders should independently verify all current requirements, fees, system capacity, permits, and specifications with the Town of Parrottsville and applicable utility providers.
The additional lot at 110 West Drive in Parrottsville Heights gives the buyer a fifth building opportunity just minutes from the Grandview Ridge lots, allowing a builder or investor to expand beyond a single subdivision while keeping all five properties within a very concentrated operating area.
This package is well positioned for a builder, developer, or investor looking for multiple East Tennessee homesites without having to assemble separate properties across a wide geographic area. Parrottsville offers convenient access to Newport, Interstate 40, shopping, grocery stores, schools, medical services, and everyday amenities, with additional access to Morristown, Sevierville, the Great Smoky Mountains, and the broader East Tennessee market. Schedule your showing today.
Location
State TN
County Cocke County - 39
Area 3.76
Zoning Zoned Residential
Exterior
View Country Setting, Wooded
Topography Rolling
Improvements Curbs Gutters, Utilities on Site
Road Frontage , Private, County, Paved
Garage No
Building
Lot Description Cul-De-Sac, Rolling, Wooded, Rolling Slope
Faces GVR LOTS- Navigate to 242 Splendor Way- Take I-40 E to exit 432 toward Newport/Sevierville. Keep left at the fork. Follow US-70 E and US-321 N to Grandeur Ave in Parrottsville 19 min (11.6 mi) . Turn left onto Grandeur Ave then take your first right onto Splendor Way- fourth house on the right. 110 WEST DRIVE- Navigate to 120 West Drive- Take exit 432 for US-411 S toward Newport/Sevierville. Follow US-70 E and US-321 N to West Dr 18 min Turn left onto S-411 N Continue to follow US-70 E. Turn left onto TN-35 N Turn right onto E Main St Turn left onto McMahan Ave. Continue onto US-321 N.
Others
Restrictions Yes
Tax ID 033 04559 000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional