2969 Redtail Road, Sevierville, TN 37862 (MLS# 241757)

2969 Redtail Road, Sevierville, TN 37862

$1,125,000

Virtual Tour

http://tour.usamls.net/2969-Redtail-Rd-Sevierville-TN-37862/unbranded

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 4,415 Lot Size (sq. ft.): 46,609 Status: Closed

Current Price: $1,125,000 List Date: 4/10/2021 Last Modified: 8/28/2024

Overview

Description

Beautiful Lodge Style Log Home in a Private Location in Wears Valley. This 4 bedroom log cabin with a bonus bunk room has spectacular unobstructed views of the Smoky Mountains. Zero-Entry at the door with a Master bedroom on the main level. You will know that you have entered a luxurious property from the time that you walk into this 4,400+ square foot mountain retreat with high-end finishes throughout. Vaulted ceilings in multiple rooms with walls of glass that bring the outdoors in. Intricate tongue and groove millwork with timbers of spruce, hemlock, hickory, oak, and cherry. Enjoy the sense of volume in the 2 Story Great Room with soaring beams, gleaming wood walls, and beautiful hardwood floors. An upgraded oversized kitchen with a large breakfast bar and adjacent dining room accommodates large gatherings. Two spacious bedrooms with private baths on the upper level are connected by a huge lofted living room with wonderful mountain views. The lower level of the property is built fo ... (Read more)

Listing Details MLS# 241757

General Property Information

Lot Size Acres: 1.07
Living Area: 4415
Above Grade Finished Area: 2795
Below Grade Finished Area: 1620
Bedrooms Total: 4
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Garage YN: No
Year Built: 2007
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: 254.81
Sold Price/SqFt: 254.81
Below Grade Unfinished Area: 0
Garage Spaces: 0

Property Features

Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Log Association Amenities: Other Attic Features: None Basement: Basement; Finished; Full; Walk-Out Access Construction Materials: Log Cooling: Central Air; Electric Exterior Features: Rain Gutters Fireplace Features: Insert Flooring: Wood Heating: Central Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Formal Dining; Great Room; Soaking Tub; Walk-In Closet(s); Wet Bar Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Tri-Level Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: Driveway; Private Patio And Porch Features: Deck Pool Features: Hot Tub Possession: Close Of Escrow Rental: Off Site Road Surface Type: Gravel; Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Septic Permit On File View: Mountain(s) Water Source: Well Window Features: Double Pane Windows; Window Treatments Showing Requirements: Appointment Only; See Remarks Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Game Room; Great Room; Kitchen; Loft; Other; Primary Bedroom; Utility Room

Location Tax and Legal

Street Number: 2969
Street Name: Redtail
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Sevierville
Subdivision Name: Homestead in Wears Valley

Contract Information

Original List Price: 1125000
Listing Contract Date: 2021-04-10
Owner Name: Triangle Elite Properties, LLC
Occupancy: Either
Association YN: Yes
Association Fee: 300
Association Fee Frequency: Annually
Association Name: Homestead HOA
Association Type: Mandatory

Remarks and Miscellaneous

Public Remarks: Beautiful Lodge Style Log Home in a Private Location in Wears Valley. This 4 bedroom log cabin with a bonus bunk room has spectacular unobstructed views of the Smoky Mountains. Zero-Entry at the door with a Master bedroom on the main level. You will know that you have entered a luxurious property from the time that you walk into this 4,400+ square foot mountain retreat with high-end finishes throughout. Vaulted ceilings in multiple rooms with walls of glass that bring the outdoors in. Intricate tongue and groove millwork with timbers of spruce, hemlock, hickory, oak, and cherry. Enjoy the sense of volume in the 2 Story Great Room with soaring beams, gleaming wood walls, and beautiful hardwood floors. An upgraded oversized kitchen with a large breakfast bar and adjacent dining room accommodates large gatherings. Two spacious bedrooms with private baths on the upper level are connected by a huge lofted living room with wonderful mountain views. The lower level of the property is built for entertainment with a theater room(stadium seating), a large game room with a pool table, 2 console games, and a wet bar. A king bedroom and bunk room complete this space. Boundless decks and covered porches on the main and lower levels provide lots of outdoor living space with a hot tub and multiple seating areas for both observing the mountains and sharing meals. The owners of the property have made over $110,000 in upgrades since its acquisition. Gross Revenue from March 2020 through February 2021 was $89,269 with zero reservations in April 2020 and only 64% Occupancy for May through June of 2020. Revenue for 2021 is conservatively projected to be in excess of $103,000. This Property is Being Sold Turnkey!
Directions: Wears Vally Road to Happy Hollow Road. Go 0.3 miles before turning right onto Clearfork. Go 0.7 miles before turning left onto Chamberlain Way. Go 1.6 miles and veer left, then go 0.1 miles and take the first right onto Settlers View Lane. From there, go 0.6 miles before turning left onto Redtail Road. The property is 0.2 miles ahead on the left with a gravel driveway

Status Change Information

Major Change Timestamp: 2021-06-18T16:45:33Z
Major Change Type: Status Change
Status Change Timestamp: 2021-06-18
Purchase Contract Date: 2021-04-17
Close Date: 2021-06-18
Close Price: 1125000
Buyer Financing: Conventional
Anticipated Closing Date: 2021-05-27

More Information

Showing Requirements

Showing Instructions: The Property is Available to Show from Sunday, 4/11 - Friday, 4/16 at 3 pm by Appointment Only. FOR ALL SHOWINGS PLEASE CALL Showing Time at 1-800-Showing or 1-800-746-9464 The Showing Time service is open 24/7, for your scheduling convenience.
Appointment Only: Yes
See Remarks: Yes

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Room Types

Bedroom 2 Level: 2
Bedroom 3 Level: 2
Bedroom 4 Level: B
Dining Room Level: Yes
Game Room Level: B
Great Room Level: Yes
Kitchen Level: Yes
Loft Level: 2
Other Level: B
Primary Bedroom Level: Yes
Utility Room Level: B
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Dining Room: Yes
Game Room: Yes
Great Room: Yes
Kitchen: Yes
Loft: Yes
Other: Yes
Primary Bedroom: Yes
Utility Room: Yes

Location, Tax, and Legal

Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Parcel Number: 113 051.19
Tax Lot: 78E
Book/Page/Doc #: 34, 249
Tax Annual Amount: 2052.98
Tax Year: 2019

Appliances

Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Range Hood: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes
Washer: Yes

Architectural Style

Log: Yes

Association Amenities

Other: Yes

Attic Features

None: Yes

Basement

Basement: Yes
Finished: Yes
Full: Yes
Walk-Out Access: Yes

Construction Materials

Log: Yes

Cooling

Central Air: Yes
Electric: Yes

Exterior Features

Rain Gutters: Yes

Fireplace Features

Insert: Yes

Flooring

Wood: Yes

Heating

Central: Yes

Interior Features

Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Formal Dining: Yes
Great Room: Yes
Soaking Tub: Yes
Walk-In Closet(s): Yes
Wet Bar: Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Tri-Level: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Parking Features

Driveway: Yes
Private: Yes

Patio And Porch Features

Deck: Yes

Pool Features

Hot Tub: Yes

Possession

Close Of Escrow: Yes

Rental

Off Site: Yes

Road Surface Type

Gravel: Yes
Paved: Yes

Roof

Composition: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Septic Permit On File: Yes

View

Mountain(s): Yes

Water Source

Well: Yes

Window Features

Double Pane Windows: Yes
Window Treatments: Yes

Room Information

Room Name	Level	Remarks
Primary Bedroom	First
Bedroom 2	Second
Bedroom 3	Second
Bedroom 4	Basement
Kitchen	First
Dining Room	First
Great Room	First
Game Room	Basement
Utility Room	Basement
Loft	Second
Other	Basement	Size: Bunk Room
Primary Bedroom	First
Bedroom 2	Second
Bedroom 3	Second
Bedroom 4	Basement
Kitchen	First
Dining Room	First
Great Room	First
Game Room	Basement
Utility Room	Basement
Loft	Second
Other	Basement

Listing Office: Wallace Real Estate MRP

Last Updated: August - 28 - 2024

Information deemed reliable but not guaranteed.

Geoff Hill, Realtor Lic. No. 322967 Prime Mountain Properties, Lic. No. 259072

2969 Redtail Road, Sevierville, TN 37862 (MLS# 241757)