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.