156 The Way, Gatlinburg, TN 37738

$1,090,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,100 Lot Size (sq. ft.): 222,156 Status: Closed
Current Price: $1,090,000 List Date: 2/27/2022 Last Modified: 3/06/2025

Overview

Description

Investors dream!!! Mountain views are spectacular; a very private location with 5.10 acres. 3 bedroom, 3 bath and a bonus room. Currently rents sleeping 15. This is a beautiful custom built home that's recently updated. Doing very well on an established overnight rental program. Too much custom to list: Log furniture, doors, even custom lain stone exterior with an excellent design layout and there is an elevator, and a secret tunnel that takes you from the main house to the huge garage. Open design home living. The living room has stone wood fireplace, sofas and chairs for relaxing while watching the flat screen TV and a huge ceiling fan. Kitchen features granite counter tops and a bar setting, beautiful cabinets for all your storage needs, custom wooden pantry doors, stainless appliances and plenty of recessed lighting, and accent lighting. The dining area adjacent to kitchen, has drop lights with a custom rough plank wooden dining table seating eight and bay windows for outdoor ligh ...

Listing Details MLS# 247656

General Property Information

Lot Size Acres
5.1
Living Area
3100
Above Grade Finished Area
1800
Below Grade Finished Area
1300
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
4
Year Built
1981
Bonus Room YN
Yes
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
View YN
Yes
List Price/SqFt
387.1
Sold Price/SqFt
351.61
Below Grade Unfinished Area
0
Bathrooms Half
0

Property Features

Appliances: Dryer Architectural Style: Cabin; Contemporary Attic Features: Access Only Basement: Basement; Partially Finished Construction Materials: Block; Frame; Stone; Stucco; Wood Siding Cooling: Central Air; Electric Exterior Features: Rain Gutters Fireplace Features: Gas Log Flooring: Wood Foundation Details: Slab Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Elevator; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lot Features: Private; Wooded Other Structures: Workshop Parking Features: Garage Door Opener; RV Access/Parking Patio And Porch Features: Deck; Patio Possession: Close Of Escrow; Other Road Frontage Type: County Road Roof: Metal Sewer: Septic Tank; Septic Permit On File View: Mountain(s) Water Source: Well Showing Requirements: Call Listing Agent; Show Any Time

Location Tax and Legal

Street Number
156
Street Name
The
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Gatlinburg
Subdivision Name
Other

Contract Information

Original List Price
1499999
Listing Contract Date
2022-02-27
Owner Name
Cryer
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Rental History Gross Amount 1
73812.42
Rental History Year 1
2020
Rental History Gross Amount 2
114270.32
Rental History Year 2
2021
Association YN
No

Remarks and Miscellaneous

Public Remarks
Investors dream!!! Mountain views are spectacular; a very private location with 5.10 acres. 3 bedroom, 3 bath and a bonus room. Currently rents sleeping 15. This is a beautiful custom built home that's recently updated. Doing very well on an established overnight rental program. Too much custom to list: Log furniture, doors, even custom lain stone exterior with an excellent design layout and there is an elevator, and a secret tunnel that takes you from the main house to the huge garage. Open design home living. The living room has stone wood fireplace, sofas and chairs for relaxing while watching the flat screen TV and a huge ceiling fan. Kitchen features granite counter tops and a bar setting, beautiful cabinets for all your storage needs, custom wooden pantry doors, stainless appliances and plenty of recessed lighting, and accent lighting. The dining area adjacent to kitchen, has drop lights with a custom rough plank wooden dining table seating eight and bay windows for outdoor lighting as well. Bedrooms are all custom wooden log furniture, modern custom showers or tile bath with one bedroom having an electric fireplace. Cabin was Recently renovated including Theater room, Game room, New bathrooms including all new tile showers, New flooring, New granite counter tops and New stainless appliances. Two car basement garage has a secret tunnel that connects to the detached garage. The basement living section has drop ceiling with recessed lighting and an elevator to the main living above. Theater room features tiered seating, recessed lighting, surround sound and wall lighting. Game room has Pool table, Multicade machine, Air Hockey table, and a Roll and Score machine. There is also a separate den section with comfortable seating, flat screen TV, an electric fireplace, and even custom log bunk beds for the kids nearby in the hall, near the stairs! Detached garage (1750 sf) has concrete floors, two 10'x 10' bay garage doors, and includes a half bath. Garage can be accessed from stone walkway via double doors or an exterior door, as well as a secret tunnel that connects to the main home for those cold rainy days to keep dry! There is plenty of room for a workshop, mechanics garage or any projects. Adjacent the garage is an upper back yard area with fenced railing for playing or grilling out. Covered deck has spectacular views of The Great Smoky Mountains National Park, porch swing for lazy evenings, plenty of relaxing chairs for the evenings after dinner tales and ceiling fans. Sturdy wood/ metal fencing surrounds the deck and there is a big shade tree. Perfect spot for breakfast coffee or evening relaxing while talking of your adventures, with rolling mountains and trees completely out of sight. Exterior features a private garden area with stone walkway, fire pit, hot tub and this home has plenty of flat level parking. Just a few minutes access to Gatlinburg, Rocky Top Sports Complex, area attractions and shopping, dinner theaters, Ski Ober Gatlinburg, Ripley's Aquarium, Believe It or Not, Haunted Adventures, hiking, biking, rafting and many other adventures. The famous Gary Player designed, 72 par Bent Creek Golf Course ranks in the top 50 courses in the Southern US and is nearby.
Directions
From Gatlinburg, turn onto US-321 N/East Pkwy (traffic light #3) driving 13.2 mi. Sharp left onto Noel Dr (0.1 mi.). Turn left onto Conner Dr .(02 mi.). Continue straight onto Webb Creek Skyline Dr (217ft.). Turn left onto The Way (0.3mi.). Destination will be on the right.

Status Change Information

Major Change Timestamp
2022-07-15T17:07:34Z
Major Change Type
Status Change
Price Change Timestamp
2022-04-21T04:43:51Z
Status Change Timestamp
2022-07-15
Purchase Contract Date
2022-05-31
Close Date
2022-07-15
Close Price
1090000
Buyer Financing
Conventional
Anticipated Closing Date
2022-07-15

More Information

Showing Requirements

Showing Instructions
2020 only rented April to December. Contact Kim Pierce to check availability and to show. Cabin on overnight rental doing extremely well. Buyer must remain with current rental company 60 days after closing to honor commitments. Recent home inspection report showed movement in detached garage walls. Structural engineer evaluation recommended foundation repairs be performed by a licensed company. Seller's have obtained estimate for repairs from a licensed company and are willing to deduct cost of repairs from purchase price. Cable/ Internet is Xfinity. To submit offer, call listing agent and all offers must include preapproval letter or proof of funds. Send to: KimPierceRealEstate@gmail.com As with all Real Estate transactions, square footage, property taxes and HOA should always be independently verified, with a warranty and inspections purchased by the buyer. Information taken from CRS Tax data and should be verified by the buyer.
Call Listing Agent
Yes
Show Any Time
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
A-1
Zoning Entity
Sevier County
Tax Lot
0001
Book/Page/Doc #
5097, 392
Tax Annual Amount
1302
Tax Year
2020

Appliances

Dryer
Yes

Architectural Style

Cabin
Yes
Contemporary
Yes

Attic Features

Access Only
Yes

Basement

Basement
Yes
Partially Finished
Yes

Construction Materials

Block
Yes
Frame
Yes
Stone
Yes
Stucco
Yes
Wood Siding
Yes

Cooling

Central Air
Yes
Electric
Yes

Exterior Features

Rain Gutters
Yes

Fireplace Features

Gas Log
Yes

Flooring

Wood
Yes

Foundation Details

Slab
Yes

Heating

Central
Yes
Electric
Yes
Heat Pump
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Elevator
Yes
Walk-In Closet(s)
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Private
Yes
Wooded
Yes

Other Structures

Workshop
Yes

Parking Features

Basement
Yes
Garage Door Opener
Yes
RV Access/Parking
Yes

Patio And Porch Features

Deck
Yes
Patio
Yes

Possession

Close Of Escrow
Yes
Other
Yes

Road Frontage Type

County Road
Yes

Roof

Metal
Yes

Sewer

Septic Tank
Yes
Septic Permit On File
Yes

View

Mountain(s)
Yes

Water Source

Well
Yes
Listing Office: Prime Mountain Properties
Last Updated: March - 06 - 2025
Information deemed reliable but not guaranteed.