565 Forest Springs Drive is a "Fire of '16" lot with a convenient location near the Roaring Fork area of East Gatlinburg. This value priced lot offers sewer, natural gas and water, plus is Zoned R-1, allowing for overnight rentals. Prior to the fire, a luxurious four bedroom with 3 bath cabin stood three stories tall and was a successful rental investment property. Today, a driveway plus a retaining wall remain as infrastructure for potential future use. 565 Forest Springs has 136 feet of road frontage and is over 400 feet deep resulting in 1.16 acre in size. A view could be opened up with select tree removal. The location is within a mile to a Gatlinburg Trolly stop and is an Ideal location for a permanent, second home, or overnight rental. In addition, the Settlement at Gatlinburg subdivision does not have HOA fees. Come see 565 Forest Springs soon to evaluate its potential for your real estate needs.
Closed
$155,000
565 Forest Springs Dr, Gatlinburg, TN 37738
--beds
--baths
1.16Acres
Farm
Built in ----
1.16 Acres Lot
$-- Zestimate®
$--/sqft
$1,974 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,974/mo
Zestimate® history
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$917/mo
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Zillow last checked:
Listing updated:
Listed by:
Jason White 877-678-2121,
Century 21 Legacy,
Keith Garnes 865-712-6753,
Century 21 Legacy
Bought with:
Katerine Turley
Tennessee Elite Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3286770
Facts & features
Property
Features
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1.16 Acres
- Dimensions: 137.59 x 454.20 IRR
- Features: Rolling Slope, Sloped, Wooded
- Topography: Rolling Slope,Sloped,Wooded
Details
- Parcel number: 127PC01200000
- Zoning: R-1
- Special conditions: Standard
Utilities & green energy
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Settlement At Gatlinburg
HOA
- Has HOA: No
Location
- Region: Gatlinburg
Financial & listing details
- Tax assessed value: $30,000
- Annual tax amount: $120
- Date on market: 7/17/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2023 | Sold | $155,000-18% |
Source:  RealTracs MLS as distributed by MLS GRID #3286770 Report a problem | ||
| 11/10/2023 | Pending sale | $189,000 |
Source:  GSMAR, GSMMLS #265723 Report a problem | ||
| 10/4/2023 | Listed for sale | $189,000-49.6% |
Source: GSMAR, GSMMLS #265723 Report a problem | ||
| 12/3/2016 | Listing removed | $374,900 |
Source: CENTURY 21 Four Seasons Realty #202546 Report a problem | ||
| 10/10/2016 | Price change | $374,900-3.8% |
Source: CENTURY 21 Four Seasons Realty #202546 Report a problem | ||
| 4/15/2016 | Listed for sale | $389,900+46.9% |
Source: CENTURY 21 Four Seasons Realty #202546 Report a problem | ||
| 11/8/2004 | Sold | $265,400 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $120 | $7,500 |
| 2024 | $120 | $7,500 |
| 2023 | $120 | $7,500 |
| 2022 | $120 | $7,500 |
| 2021 | -- | $7,500 |
| 2020 | $151 +8.6% | $7,500 |
| 2019 | $140 -7.9% | $7,500 |
| 2018 | $151 +0.3% | $7,500 |
| 2017 | $151 -87.4% | $7,500 -87.4% |
| 2016 | $1,197 | $59,300 -12.8% |
| 2015 | -- | $68,025 0% |
| 2014 | $1,217 | $68,033 |
| 2013 | $1,217 0% | $68,033 |
| 2012 | $1,218 -3.5% | $68,033 -3.5% |
| 2011 | $1,262 | $70,533 |
| 2010 | -- | $70,533 -2.9% |
| 2009 | $1,227 | $72,660 |
| 2008 | $1,227 | $72,660 |
| 2007 | $1,227 +13.4% | $72,660 |
| 2006 | $1,082 -19% | $72,660 |
| 2005 | $1,335 +30.5% | $72,660 +30.5% |
| 2004 | $1,023 | $55,662 |
Find assessor info on the county website
Neighborhood: 37738
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Nearby schools
GreatSchools rating
- 7/10Pi Beta Phi Elementary SchoolGrades: PK-6Distance: 0.9 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 8.1 mi
- 8/10Gatlinburg Pittman High SchoolGrades: 10-12Distance: 3.2 mi
- Tennessee
- Sevier County
- Gatlinburg
- 37738
- 565 Forest Springs Dr
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