1175 Pine Mountain Road, Sevierville, TN 37862

$4,500,000
Property Type: Residential Bedrooms: 20 Baths: 19 Square Footage: 13,500 Lot Size (sq. ft.): 217,800 Status: Closed
Current Price: $4,500,000 List Date: 9/24/2020 Last Modified: 8/30/2024

Overview

Description

Great investment opportunity! 12bd room, 8bd room with loft, and wedding pavilion being sold on a 5 acre track. It also has a private pool. This lot still has another build site as well that could hold up to a 4 or 5 bedroom house. Rental numbers for 2018 & 2019 12bd 2018- $260,000 12bd 2019- $251,000 8bd 2018- $171,000 8bd 2019- $206,000 Pavilion 2018- $30,000 Pavilion 2019- $61,000. 12bd 2020- $203,586. 8bd 2020- $152,626. Venue 2020- $21,150. 12bd 2021 $309,837 8bd 2021- $273,850 Venue 2021-$121,000. YTD for 2021 $704,687

Listing Details MLS# 230337

General Property Information

Lot Size Acres
5
Living Area
13500
Above Grade Finished Area
8127
Below Grade Finished Area
5373
Bedrooms Total
20
Bathrooms Total
19
Bathrooms Full
19
Garage YN
No
Year Built
2016
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
List Price/SqFt
370.37
Sold Price/SqFt
333.33
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0
Number of Bonus Rooms
0

Property Features

Appliances: Dishwasher; Double Oven; Dryer; Electric Range; Microwave; Range Hood; Refrigerator Architectural Style: Cabin Association Amenities: Clubhouse Association Fee Includes: Maintenance Grounds Basement: Crawl Space Exterior Features: Rain Gutters Fireplace Features: Gas Starter Interior Features: Ceiling Fan(s); Other Levels: Three Or More Listing Terms: Cash; Conventional; FHA Patio And Porch Features: Deck Pool Features: Hot Tub Possession: Close Of Escrow Rental: On Site; Rental History Road Surface Type: Paved Roof: Metal Security Features: Gated Community Sewer: Public Sewer Water Source: Public Showing Requirements: Call Listing Agent

Location Tax and Legal

Street Number
1175
Street Name
Pine Mountain
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Sevierville
Subdivision Name
Parkside Resort

Contract Information

Original List Price
3499000
Listing Contract Date
2020-09-24
Owner Name
Smith
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Rental History Gross Amount 1
704687
Rental History Year 1
2021
Rental History Gross Amount 2
377362
Rental History Year 2
2020
Association YN
Yes
Association Fee
150
Association Fee Frequency
Monthly
Association Name
Accomadations By Parkside
Association Email
na
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Great investment opportunity! 12bd room, 8bd room with loft, and wedding pavilion being sold on a 5 acre track. It also has a private pool. This lot still has another build site as well that could hold up to a 4 or 5 bedroom house. Rental numbers for 2018 & 2019 12bd 2018- $260,000 12bd 2019- $251,000 8bd 2018- $171,000 8bd 2019- $206,000 Pavilion 2018- $30,000 Pavilion 2019- $61,000. 12bd 2020- $203,586. 8bd 2020- $152,626. Venue 2020- $21,150. 12bd 2021 $309,837 8bd 2021- $273,850 Venue 2021-$121,000. YTD for 2021 $704,687
Directions
From the Parkway in Pigeon Forge, Turn onto Pine Mountain Road at red light #6. Drive 2.4 miles, gated driveway will be on the left.

Status Change Information

Major Change Timestamp
2021-12-23T17:34:16Z
Major Change Type
Status Change
Price Change Timestamp
2021-09-14T19:11:11Z
Status Change Timestamp
2021-12-23
Purchase Contract Date
2021-12-09
Close Date
2021-12-23
Close Price
4500000
Buyer Financing
Cash
Anticipated Closing Date
2022-02-08

More Information

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevierville
Tax Lot
Yes
Book/Page/Doc #
41, 80
Tax Annual Amount
10805
Tax Year
2019

Appliances

Dishwasher
Yes
Double Oven
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Range Hood
Yes
Refrigerator
Yes

Architectural Style

Cabin
Yes

Association Amenities

Clubhouse
Yes

Association Fee Includes

Maintenance Grounds
Yes

Basement

Crawl Space
Yes

Exterior Features

Rain Gutters
Yes

Fireplace Features

Gas Starter
Yes

Interior Features

Ceiling Fan(s)
Yes
Other
Yes

Levels

Three Or More
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes

Patio And Porch Features

Deck
Yes

Pool Features

Hot Tub
Yes

Possession

Close Of Escrow
Yes

Rental

On Site
Yes
Rental History
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Gated Community
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Office: Parkside Real Estate, LLC
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.