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345 Greystone Heights Rd. , "The Castle"

Gatlinburg, TN 37738
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 52 Days
  • ID#: 248292
Under Contract
UPDATED: 23 min ago
$1,200,000
  • 0
    BEDS
  • 2.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Listing courtesy of Century 21 Legacy Pf.


Description

345 Greystone Heights is a 2.25 acre property, zoned R-1, with city sewer, water and high speed internet in an ideal location above Gatlinburg. An added benefit, the city of Gatlinburg maintains the streets and picks up garbage year-around. The property is the cumulation of five lots, merged together to become what was to be known as one of most iconic properties in the area. Yes, 345 Greystone Heights Road was once home to the famous "Castle" designed by Community Tectonics INC, formed by none other than renowned architect, the late Mr. Hubert Bebb. The Gatlinburg Fires of '16 put an end to the Castle's fabled era. What remains without question is poised to become iconic once again. The South facing views of downtown Gatlinburg and the Smokies, including the direct view of Mount LeConte, is magnificently self evident. Remaining improvements today include two gated driveways with intact retaining walls leading to a multi-level concrete structure. The infrastructure remaining would cost a measurable amount of investment to duplicate at todays cost. The sellers had an informal engineering assessment done on the concrete, samples were shown to have strength of 3,500 to 5,500 PSI. The remaining improvements are being presented as a starting point to craft into a dream property. The scope and vision of work to bring 345 Greystone Heights to a worthy result will be solved by combining the three key elements of vision, process and realization. The project will reflect the identity and philosophy of the future owner, and Gatlinburg awaits. This property boats 498 feet of frontage on Greystone Heights Rd along with 830 feet of frontage on Smoky View Rd, which is the street below. Since the site is located between an upper and lower street, development of the site and protection of the view are in the owner's control. Buyers are welcome to to be inspired by 345 Greystone Heights.

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Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2022-05-20T00:15:48.503.
www.smokylistings.com/homes/127135399
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345 Greystone Heights Rd. , "The Castle" Gatlinburg, TN 37738

  • Price: $1,200,000
  • Status: Active Under Contract
  • On Site: 52 Days
  • Updated: 23 min ago
  • ID#: 248292
0
Beds
0
Baths
0
½ Baths
2.25
Acres
Neighborhood:
Greystone Heights
County:
Sevier
Area:
Gatlinburg
Property Description
345 Greystone Heights is a 2.25 acre property, zoned R-1, with city sewer, water and high speed internet in an ideal location above Gatlinburg. An added benefit, the city of Gatlinburg maintains the streets and picks up garbage year-around. The property is the cumulation of five lots, merged together to become what was to be known as one of most iconic properties in the area. Yes, 345 Greystone Heights Road was once home to the famous "Castle" designed by Community Tectonics INC, formed by none other than renowned architect, the late Mr. Hubert Bebb. The Gatlinburg Fires of '16 put an end to the Castle's fabled era. What remains without question is poised to become iconic once again. The South facing views of downtown Gatlinburg and the Smokies, including the direct view of Mount LeConte, is magnificently self evident. Remaining improvements today include two gated driveways with intact retaining walls leading to a multi-level concrete structure. The infrastructure remaining would cost a measurable amount of investment to duplicate at todays cost. The sellers had an informal engineering assessment done on the concrete, samples were shown to have strength of 3,500 to 5,500 PSI. The remaining improvements are being presented as a starting point to craft into a dream property. The scope and vision of work to bring 345 Greystone Heights to a worthy result will be solved by combining the three key elements of vision, process and realization. The project will reflect the identity and philosophy of the future owner, and Gatlinburg awaits. This property boats 498 feet of frontage on Greystone Heights Rd along with 830 feet of frontage on Smoky View Rd, which is the street below. Since the site is located between an upper and lower street, development of the site and protection of the view are in the owner's control. Buyers are welcome to to be inspired by 345 Greystone Heights.
Exterior Features

Access City StreetPaved Land Features ClearedHillyRolling SlopeGentle SlopingMountainous Lot Dimensions 498X127x830x179

Property Features

Annual Tax 1010.61 District 11 Hoa Type None Hoa YN No Land Type Residential/Single Family Land Lot Block Unit C/2 Miscellaneous Mountain ViewBroadband Internet AvailableCable Tv Mobile No Owner Financing No Proposed Financing CashConventional1031 Exchange Restrictive Covenants Yes School Bus Service Gatlinburg-Pittman 9-12Pi Beta Phi K-8 Septic Approved Permit None Sewer Available Suitable Use Single FamilyRecreational Tax Year 2019 Water Utility Available Zoning R-1 Zoning Entity Gatlinburg

Copyright 2022 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Century 21 Legacy Pf | Office Phone: 8654362121 .

Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2022-05-20T00:15:48.503.
 
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Colonial Real Estate
Colonial Real Estate INC 1380 Dolly Parton Parkway
Sevierville, TN, 37862
Listing courtesy of Century 21 Legacy Pf.