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Land for Sale in Pigeon Forge, Tennessee

820 Old Gate Rd, Pigeon Forge, TN 37863

$5,900,000
16.2 acres
Active sale
$1.6m drop
Est $39,933/mo

Huge Price Improvement - Priced to Sell Fast! Incredible investment opportunity! Electric, Water, and Sewer on property! 16.22 Acres In The Heart of Pigeon Forge, just a short walk from the Parkway, and directly beside Camp Margaritaville RV Resort & Lodge. Property is currently zoned R-2, just waiting for you to build your hotel, cabin development, mixed residential, high density, or mobile home / RV park. You could even build your dream home on your own private estate. All of the essential utilities are in place including water, sewer, and electric onsite and ready for your plans. Only minutes from Dollywood, Tanger Outlets, and all of the fun and attractions that Pigeon Forge has to offer. It's only a short distance to Gatlinburg, and the Great Smoky Mountain National Park too. This property also has two existing cabins that are currently occupied, used as long-term rentals. Cabin #1 is a 3-bedroom, 2-bath, and Cabin #2 is a 2- bedroom, 2-bath. Property is currently taxed Agricultural. *Drone photography used. *All information provided in this listing is deemed reliable but is not guaranteed. Information has been obtained from the seller and/or third-party sources. Listing broker and agent make no representations or warranties as to the accuracy or completeness of the information provided. Buyers and their agents are advised to conduct their own independent due diligence regarding the entire property, including but not limited to: septic systems, well systems, age and condition of mechanical systems and roof, square footage, lot size, surveys, zoning, permits, taxes, and any other material facts. Buyer is responsible for verifying all information to their satisfaction. Listing agent has no ownership interest in the property.

Location

Street address
820 Old Gate Rd
Community
Pigeon Forge
Elevation
1,114 feet
Coordinates
35.7787, -83.536

Directions

From Tanger Outlet go south on the Parkway for approx. 5 miles. Take a left on Cates Ln, go left on Hitching Post Rd, and then right on Old Gate Ln. Go straight to the gate at the end of the road.

Property details

Acreage
16.22 acres
Zoning
R2
MLS #
GSMAR 309708
Posted

Property taxes

2025
$1,922

Parcels

  • 095I B 02316 000

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Lot

Features
Gentle Sloping, Private, Wooded

Exterior

Structures
Residence

Structure

Water
Public
Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Jan 12, 2026Price drop$5,900,000$1,600,000 -21.3%REALTRACS
Sept 18, 2024Price drop$7,500,000$1,400,000 -15.7%KAARMLS
May 29, 2024Price drop$8,900,000$1,000,000 -10.1%KAARMLS
Feb 5, 2024New listing$9,900,000KAARMLS
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This 16.22-acre property is located at 820 Old Gate Rd in Pigeon Forge, TN 37863. The property is available for sale for $5,900,000 with a price per acre of $363,748.

Checked 1 hour ago — Updated

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Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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