2869 Hatcher Mountain Road, Sevierville, TN 37862
$1,700,000
Property Type:
Residential
Bedrooms:
5
Baths:
10
Lot Size (sq. ft.):
98,010
Status:
Closed
Current Price:
$1,700,000
List Date:
6/18/2022
Last Modified:
8/28/2024
Description
Welcome to one of the freshest and largest properties in Wears Valley, just minutes from all that the area has to offer. This 5,000 square foot mega-residence has features a gorgeous view of Cove Mountain, 24-seat movie theater, a spacious arcade/game room plus room to sleep an army and rental projections by AirDNA of more than $230K per year! Gorgeous tongue and groove woodwork adorns the walls and ceilings with unique custom tile showers in each of the 9 full bathrooms. All furnishings, appliances, and decor convey with the property, making this a turnkey moneymaker for the lucky investor that scoops this up. Outside, the fire pit is a unique design allowing maximum seating beneath the stars, with a huge view out in front. Two levels of decks are placed perfectly to soak up the views and soak in the new hot tub. This home has been lovingly revived with all new metal and torch-down roofing, all new windows, all new HVAC systems, new septic system, and loads of upgrades throughout. Nestled right in the heart of Wears Valley, this property is just 12 minutes to light 3 in Pigeon Forge, 18 minutes to Gatlinburg, and 4 minutes to the Metcalf Bottoms entrance to the Great Smoky Mountains National Park. The property is also eligible to obtain an annual membership covering all guests, at a local swimming pool, adding an inexpensive and attractive pool amenity to a potential overnight rental listing! Fresh, big, and perfectly located! Welcome to 2869 Hatcher Mountain Rd.
More Information MLS# 251305
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Tax Lot: 14B
Book/Page/Doc #: 6027, 82
Tax Annual Amount: 697.97
Tax Year: 2019
Contract Information
Owner Name: Mj Investors LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Rental History Gross Amount 1: 231900
Rental History Year 1: 2023
Association YN: No
Current Price: $1,700,000
Original List Price: 1790000
Sold Price: $1,700,000
Status: Closed
Listing Contract Date: 2022-06-18
General Property Information
Lot Size Acres: 2.25
Above Grade Finished Area: 0
Below Grade Finished Area: 0
Below Grade Unfinished Area: 0
Garage YN: No
Bathrooms Half: 1
Garage Spaces: 0
Bonus Room YN: Yes
Number of Bonus Rooms: 4
Bonus Room Type(s): Sleeping areas
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
List Price/SqFt: 358
Sold Price/SqFt: 340
Bedrooms Total: 5
Bathrooms Total: 10
Bathrooms Full: 9
Year Built: 1994
Remarks and Miscellaneous
Public Remarks: Welcome to one of the freshest and largest properties in Wears Valley, just minutes from all that the area has to offer. This 5,000 square foot mega-residence has features a gorgeous view of Cove Mountain, 24-seat movie theater, a spacious arcade/game room plus room to sleep an army and rental projections by AirDNA of more than $230K per year! Gorgeous tongue and groove woodwork adorns the walls and ceilings with unique custom tile showers in each of the 9 full bathrooms. All furnishings, appliances, and decor convey with the property, making this a turnkey moneymaker for the lucky investor that scoops this up. Outside, the fire pit is a unique design allowing maximum seating beneath the stars, with a huge view out in front. Two levels of decks are placed perfectly to soak up the views and soak in the new hot tub. This home has been lovingly revived with all new metal and torch-down roofing, all new windows, all new HVAC systems, new septic system, and loads of upgrades throughout. Nestled right in the heart of Wears Valley, this property is just 12 minutes to light 3 in Pigeon Forge, 18 minutes to Gatlinburg, and 4 minutes to the Metcalf Bottoms entrance to the Great Smoky Mountains National Park. The property is also eligible to obtain an annual membership covering all guests, at a local swimming pool, adding an inexpensive and attractive pool amenity to a potential overnight rental listing! Fresh, big, and perfectly located! Welcome to 2869 Hatcher Mountain Rd.
Directions: From Pigeon Forge turn onto Wears Valley Rd., follow Wears Valley Rd. for 6.9 Miles then turn right onto Hatcher Mountain Rd., destination will be on the right in one mile
Status Change Information
Status Change Timestamp: 2022-08-25
Buyer Financing: Conventional
Anticipated Closing Date: 2022-07-07
Major Change Timestamp: 2022-08-25T17:18:27Z
Major Change Type: Status Change
Purchase Contract Date: 2022-06-25
Close Date: 2022-08-25
Close Price: 1700000
Appliances
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Self Cleaning Oven: 1
Washer: 1
Architectural Style
Cabin: 1
Attic Features
None: 1
Basement
Crawl Space: 1
None: 1
Construction Materials
Block: 1
Cooling
Central Air: 1
Exterior Features
Rain Gutters: 1
Fireplace Features
Electric: 1
Heating
Central: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Solid Surface Counters: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Wooded: 1
Patio And Porch Features
Deck: 1
Porch: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Sewer
Septic Tank: 1
Water Source
Well: 1
Showing Requirements
Showing Instructions: To schedule a showing call/text Jack Adams 865-382-4228. All offers MUST include buyer signed associated documents and proof of funds/pre-approval. Email offers to lesleyadams@gmail.com. Offers to have a response time of at least 24 hours. The new septic system is being completed in the coming week. Property will be seeded and strawed, and driveway patched from equipment wear during the renovation process. New septic permit, being recorded as complete shortly, is included with associated docs along with AirDNA Rental Projection. Information presented in listing was provided by tax records and/or seller and has not been independently verified by the listing agent. It is deemed to be correct, however buyers should verify all information that is important to them, such as square footage, restrictions, HOA details, etc.
See Remarks: 1
Historical Information
Public Historical Remarks: Interior Features: Large Primary Bedroom
Location Tax and Legal
Street Number: 2869
Street Name: Hatcher Mountain
Street Suffix: Road
County: Other
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Wears Valley
Subdivision Name: Wears Valley Prop
Property Features
Appliances: Dryer; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer
Architectural Style: Cabin
Attic Features: None
Basement: Crawl Space; None
Construction Materials: Block
Cooling: Central Air
Exterior Features: Rain Gutters
Fireplace Features: Electric
Heating: Central
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Solid Surface Counters
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Wooded
Patio And Porch Features: Deck; Porch
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Metal
Sewer: Septic Tank
Water Source: Well
Showing Requirements: See Remarks
Listing Office:
Mountain Realty Group
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.