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
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 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.
More Information MLS# 247656
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
Contract Information
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
Current Price: $1,090,000
Original List Price: 1499999
Sold Price: $1,090,000
Status: Closed
Listing Contract Date: 2022-02-27
General Property Information
Lot Size Acres: 5.1
Above Grade Finished Area: 1800
Below Grade Finished Area: 1300
Below Grade Unfinished Area: 0
Garage YN: Yes
Bathrooms Half: 0
Attached Garage YN: Yes
Garage Spaces: 4
Bonus Room YN: Yes
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 387.1
Sold Price/SqFt: 351.61
Living Area: 3100
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 1981
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
Status Change Timestamp: 2022-07-15
Buyer Financing: Conventional
Anticipated Closing Date: 2022-07-15
Major Change Timestamp: 2022-07-15T17:07:34Z
Major Change Type: Status Change
Price Change Timestamp: 2022-04-21T04:43:51Z
Purchase Contract Date: 2022-05-31
Close Date: 2022-07-15
Close Price: 1090000
Appliances
Dryer: 1
Architectural Style
Cabin: 1
Contemporary: 1
Attic Features
Access Only: 1
Basement
Basement: 1
Partially Finished: 1
Construction Materials
Block: 1
Frame: 1
Stone: 1
Stucco: 1
Wood Siding: 1
Cooling
Central Air: 1
Electric: 1
Exterior Features
Rain Gutters: 1
Fireplace Features
Gas Log: 1
Flooring
Wood: 1
Foundation Details
Slab: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Elevator: 1
Walk-In Closet(s): 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Private: 1
Wooded: 1
Other Structures
Workshop: 1
Parking Features
Basement: 1
Garage Door Opener: 1
RV Access/Parking: 1
Patio And Porch Features
Deck: 1
Patio: 1
Possession
Close Of Escrow: 1
Other: 1
Road Frontage Type
County Road: 1
Roof
Metal: 1
Sewer
Septic Tank: 1
Septic Permit On File: 1
View
Mountain(s): 1
Water Source
Well: 1
Showing Requirements
Call Listing Agent: 1
Show Any Time: 1
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.
Historical Information
Public Historical Remarks: Interior Features: Large Primary Bedroom
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
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
Listing Office:
Prime Mountain Properties
Last Updated: March - 06 - 2025
Information deemed reliable but not guaranteed.