Black Bear Ridge is a large development located off Lost Branch Road in the Pigeon Forge area. Access to the cabin development of approximately 200 cabins is easiest by taking Wears Valley Rd (Rt. 321) past Walden's Creek Road and take your first left which is Lost Branch Road. Black Bear Ridge will be on your right.

The development was started around 2004 and prospered in the 2005 to early 2007 time frame when cabins were being built in great numbers within the development. Owners paid some very high prices for the cabins as they purchased at the very peak of the market and the rental histories of several cabins did not return results as expected.

General Price Range

Prices within the development vary tremendously depending on whether it is a foreclosure, short sale, or regular sale. Originally prices ranged from $300,000 to the high $900,000's. Currently foreclosures are ranging from about $140,000 for a 2 BR/2 BA cabin to as low as $295,000 for a 6 BR/6 BA cabin with over 4,700 square feet

• Great view from most cabins
• On site wedding chapel
• Community Pool
• Convenient Location
• Can be purchased for as low as 38% of the original selling price
• Most of the 6 BR+ cabins have theater rooms
• Several cabins have indoor pools
• Price per square foot is among the absolute lowest in the area due to the number of foreclosures.
• Rental histories are strong for cabins with either a good view, theater room, or indoor pool (or any combination of the above).

Negative Aspects

• Extremely high rate of foreclosures
• Lack of privacy between cabins
• Development amenities are not kept as pristine as some other cabin communities.
• Not many different floor plans/elevations to choose from.
• Typicallly the foreclosure cabins do not have any furniture remaining.

• A few cabins have structural issues - such as 948 Black Bear Cub Way & 960 Black Bear Cub Way.
• A couple deeds have the incorrect legal desciption due to the subdivision replat. This issue can take a while to get resolved prior to closing.
• Who the builder was - Amet, Whaley, Legacy, or Commonwealth Real Estate Group. This is very important!

Contact Jay Fradd by either calling (865) 809-8600 or e-mail in order to receive more information about Black Bear Ridge Resort.

Jay can provide you with detailed information regarding:

• Past rental histories
• Recent cabin sales
• Current properties available for sale
• Foreclosures & short sales in the development
• Subdivision Plat Maps
• Covenants & Restrictions
• Tax Records of a particular property
• A detailed financial analysis of a particular property
• With serious requests, Jay can preview a property and take photos of the cabin (See example)
• Much more!!!

* Information on general price ranges fluctuates on a regular basis. An effort is made to make the information up to date and current, but you should check to verify the accuracy. Perceptions of each individual are different, so an advantage may be a disadvantage to another and vice versa. The advantages/disadvantages on this page are my own opinions based on my own knowledge of real estate and the feedback of my clients when showing the particular development.

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