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Land for Sale in Parrottsville, Tennessee

S Highway 340, Parrottsville, TN 37843

$387,500
45 acres
Active
$2.5k drop
Est $2,701/mo

45 Acres of possibility-Untouched and Unrestricted. Public Water available. This 45-acre land opportunity in Parrottsville, TN consists of two parcels situated on opposite sides of the road, offering multiple options for use, development, or long-term hold. The first parcel is 10 acres with access via a private road. It is surrounded by existing residential properties. Mobile homes are permitted, making it ideal for a small residential development or a hobby farm. The parcel offers privacy, mountain views, and a manageable footprint for early-stage development or recreational use. Directly across the street lies a larger 35-acre parcel with approximately 185 feet of public road frontage on Berry Hill Road and two additional recorded easements, providing flexible access options. This tract offers multiple development sites, with open areas and elevation ideal for cabin sites, a recreational retreat, or even a hunting and camping compound. There is also a large potential build site with access from Novie Way, offering yet another point of entry for future infrastructure or construction. In addition to development potential, the property presents a lucrative opportunity for selective logging, given the healthy and mature tree coverage. The natural topography and views lend themselves well to phased development, agricultural use, or an off-grid living concept. Together, the two parcels can be used in tandem-develop one while keeping the other for recreation, timber income, or long-term land banking. The smaller parcel could serve as a staging area, guest quarters, or a personal residence while the larger tract is used for income-producing ventures like short-term rentals, outdoor recreation, or logging. If planned properly, this property could support the development of several homes or cabins-each offering a mountain view. The elevations are high, but the upward roll is manageable, especially considering that roads have already been started and multiple easements are in place. Future owners can capitalize on the infrastructure already in motion, reducing the initial development burden and streamlining access across the site. Located in Cocke County, this property offers mountain views and quiet rural surroundings, while remaining within reach of modern amenities. Just 20 minutes to Newport and within reach of Gatlinburg, the Great Smoky Mountains National Park, and regional hospitals and grocery stores. Ideal for those looking to invest in usable land with both privacy and potential. Build the next great retreat with panoramic profit potential. Schedule your showing today.

Location

Street address
S Highway 340
Elevation
1,920 feet
Coordinates
35.9638, -83.0628

Directions

For the 35 acres parcel- Navigate to 1069 SHighwayTN-340, Parrottsville, TN 37843. Navigation will get you close then look for signs For the 10 acres parcel- Navigate to 819 Ginseng Way Parrottsville TN 37843. Navigation will get you close then look for signs. Directions From Newport TN- Head north on McMahan Ave toward Main St 387 ft. Continue onto US-321 N/North St. Continue to follow US-321 N 6.3 mi. Turn right onto TN-340 S 3.7 mi. Turn right Destination will be on the right 0.1 mi 1069 TN-340

Property details

Acreage
45 acres
MLS #
KAARMLS 1309844
Posted

Property taxes

Recent
$680

Parcels

  • 050 035.19

Details and features

Listing

Type
Land
Franchise
Realty Executives International

Lot

Features
Corner Lot, Irregular Lot, Private, Rolling, Rolling Slope, Wooded

Listing history

DateEventPriceChangeSource
Nov 7, 2025Price drop$387,500$2,500 -0.6%KAARMLS
Oct 6, 2025Price drop$390,000$5,000 -1.3%KAARMLS
Sept 11, 2025Price drop$395,000$5,000 -1.3%KAARMLS
July 26, 2025New listing$400,000KAARMLS
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This 45-acre property is located at S Highway 340 in Parrottsville, TN 37843. The property is available for sale for $387,500 with a price per acre of $8,611.

Checked 32 mins ago — Updated

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