Riverstone Condos in Pigeon Forge to Border Golf Club

Developers Glen Glafenhein, Michael Shular and his daughter, Candra, announced plans to build a spectacular, 300 unit, condo on 12 wooded acres alongside the Gatlinburg Golf and Country Club on Dollywood Lane.

Riverstone is a very upscale set of condos that will have the best of all worlds in amenities as well as views of mountains, the No. 7 fairway of the golf course or the Little Pigeon River. The amenities will include all granite countertops, hardwood floors, stainless steel appliances, flat-screen TVs, fireplaces and Jacuzzis, and the project will offer five-star services including an indoor and outdoor pool complex, day spa and fitness center.

“It’s going to be a wow experience from the moment you walk in the door. We’re spending more than 41 million on landscaping and more than $1 million on the welcome center alone. It’s an oasis experience in the middle of town,” said Shular, who also owns the Shular Inn in Pigeon Forge and other properties in Sevier County.

Two-bedroom units will sell for about $299,900 and four-bedroom condos will sell for $439,900.

These condos join Pigeon Forge Village in announcing top of the line five-star services in the Smokies. The Pigeon Forge Village, being developed by a Florida-based investors group, is expected to receive over $300 million in 1200 condos in a planned $600 million multi-use property to be developed into residential, retail and entertainment forums. The Village will be located on a former 140 acre farm behind the main street of Pigeon Forge and just east of the Belz Outlet Mall.

Shular said, “Pigeon Forge is fixing to take off like a rocket. I think the market is going to grow tremendously in the next few years.”

Glafenhein said that buyers have put deposits on nearly 70 condos and he and Shular have had good success with another local endeavor on nearby Douglas Lake. Here they developed Harbor Crest, an upscale waterfront project in Dandridge. Both Riverstone and the Harbor Crest development will be sold largely to buyers who will put them on a rental program.