3706 Cove View Lane, Sevierville, TN 37862

$1,175,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,570 Lot Size (sq. ft.): 28,314 Status: Closed
Current Price: $1,175,000 List Date: 3/29/2024 Last Modified: 2/27/2026

Overview

Description

BIG REDUCTION**Rental projections of $150,000-165,000!! This brand new luxury home doubles as a smart investment! This brand new 5 BD/5 BA, 3,500+ sq ft, mountain chalet marries modern touches and rustic charm. Nestled in beautiful Wears Valley, overlooking the Smoky Mountains, this retreat has unmatched views of the Smokies which you can take in from the expansive deck areas that are comfortably furnished! Relax and enjoy the views from the custom-built Pergola with one-of-a-kind gas fire pit and seating area, or the 16-foot year-round use recessed swim spa that reaches hot tub temperatures! Cozy up next to one of the many fireplaces, your options are an exterior ventless gas fireplace and two interior electric fireplaces - all with stacked stone from floor to ceiling. This property would make an excellent overnight rental, permanent residence, or second home. The main level of this immaculate cabin features a large great room, complete with an open living room featuring a fireplace, ...

Listing Details MLS# 300113

General Property Information

Stories Total
2
Lot Size Acres
0.65
Lot Size Source
Assessor
Living Area
3570
Living Area Source
Other
Above Grade Finished Area
1786
Below Grade Finished Area
1784
Bedrooms Total
5
Bathrooms Total
5
Bathrooms Full
5
Garage YN
No
Fireplace YN
Yes
Year Built
2024
Bonus Room YN
Yes
Number of Bonus Rooms
Yes
Bonus Room Type(s)
game room
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
Yes
Furnished
Furnished
Property Attached YN
No
Construction Type
Site Built
Horse YN
No
View YN
Yes
Waterfront YN
No
Accessibility Features YN
No
List Price/SqFt
343.14
Sold Price/SqFt
329.13
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin; Chalet; Contemporary; Split Level Basement: Crawl Space Construction Materials: Frame; Wood Siding Cooling: Heat Pump Current Financing: Conventional; VA Current Use: Residential; Single Family Documents Available: Aerial Photo; Property Disclosure; Septic Permit Electric: 220 Volts For Spa; 220 Volts in Kitchen; 220 Volts in Laundry; Circuit Breakers Exterior Features: Lighting; Other Fireplace Features: Electric; Gas Log Flooring: Luxury Vinyl Heating: Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Eat-in Kitchen; Granite Counters; Great Room; High Speed Internet; Kitchen Island; Solid Surface Counters; Storage; Walk-In Closet(s); Walk-In Shower(s) Laundry Features: Electric Dryer Hookup; Laundry Room; Lower Level; Washer Hookup Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lock Box Information: Combo Lot Features: Level; Open Lot; Views Other Structures: Pergola Parking Features: Driveway; Off Street; Paved Patio And Porch Features: Covered; Deck; Porch Pets Allowed: Yes Pool Features: Hot Tub; Pool/Spa Combo; See Remarks Possession: Close Of Escrow Property Condition: New Construction Rental: Off Site Road Frontage Type: County Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Sewer: Septic Tank Utilities: Electricity Available; High Speed Internet Available; Internet Available; Phone Available View: Mountain(s) Water Source: Well Window Features: Double Pane Windows; Insulated Windows; Screens Showing Considerations: See Remarks Showing Requirements: Appointment Only; See Remarks Room Types: Bathroom 2; Bathroom 3; Bathroom 4; Bedroom 2; Bedroom 3; Bedroom 4; Great Room; Other; Primary Bathroom; Primary Bedroom; Recreation Room

Location Tax and Legal

Street Number
3706
Street Name
Cove View
Street Suffix
Lane
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Wears Valley
Subdivision Name
Wears Cove Acres

Contract Information

Original List Price
1579000
Listing Contract Date
2024-03-27
Auction YN
No
Owner Name
Wear Drive 4 LLC
Listing Agreement
Exclusive Agency
Occupancy
Either
Occupant Type
Vacant
Common Interest
None
Association YN
No

Remarks and Miscellaneous

Public Remarks
BIG REDUCTION**Rental projections of $150,000-165,000!! This brand new luxury home doubles as a smart investment! This brand new 5 BD/5 BA, 3,500+ sq ft, mountain chalet marries modern touches and rustic charm. Nestled in beautiful Wears Valley, overlooking the Smoky Mountains, this retreat has unmatched views of the Smokies which you can take in from the expansive deck areas that are comfortably furnished! Relax and enjoy the views from the custom-built Pergola with one-of-a-kind gas fire pit and seating area, or the 16-foot year-round use recessed swim spa that reaches hot tub temperatures! Cozy up next to one of the many fireplaces, your options are an exterior ventless gas fireplace and two interior electric fireplaces - all with stacked stone from floor to ceiling. This property would make an excellent overnight rental, permanent residence, or second home. The main level of this immaculate cabin features a large great room, complete with an open living room featuring a fireplace, and dining area. You'll find a full kitchen with granite countertops, as well as a private master bedroom along with a private master bath and closet. The spacious upper level provides 2 additional bedrooms, each with their own private bathroom and closet space, along with an open den area that includes a fireplace. The lower level has a large recreation room, private theater/media room, and 2 additional bedrooms. No expense was spared in the interior furnishings and decoration, every space is both stylish and welcoming. This home offers custom cabinetry in the kitchen, bar, and bathrooms, along with floor to ceiling tiled showers. The interior blends materials from both rustic and modern pallets creating a beautiful esthetic. Its prime location puts you near attractions like the National Park, downtown Pigeon Forge, Dollywood, Townsend, and easy scenic access to McGee Tyson Airport in Knoxville. Come check it out!
Directions
From downtown Pigeon Forge on the Parkway (U.S. Hwy. 441), turn at Traffic Light #3 onto Wears Valley Road (U.S. Hwy. 321), going for approximately 10 mi., to a right onto Wears Drive. Follow Wears Drive for approximately 1/2 mi., & then make a right onto Cove View Lane, with the property being first one on the right, right at the corner of Wears Drive and Cove View Lane (see sign).

Status Change Information

Major Change Timestamp
2024-09-11T11:46:38Z
Major Change Type
Status Change
Price Change Timestamp
2024-08-20T12:31:33Z
Status Change Timestamp
2024-09-11
Purchase Contract Date
2024-08-21
Close Date
2024-09-09
Close Price
1175000
Buyer Financing
Cash
Concessions Comments
$4000 closing costs
Anticipated Closing Date
2024-09-24

More Information

Fireplace Features

Fireplaces Total
3
Electric
Yes
Gas Log
Yes

Lock Box Information

Lock Box Location
Back porch light
Combo
Yes

Main Room Levels

Main Level Bathrooms
2
Main Level Bedrooms
2

Room Types

Bathroom 2 Level
Second
Bathroom 3 Level
First
Bathroom 4 Level
Basement
Bedroom 2 Level
First
Bedroom 3 Level
First
Bedroom 4 Level
Basement
Great Room Level
First
Other Level
Basement
Primary Bathroom Level
First
Primary Bedroom Level
First
Recreation Room Level
Basement
Bathroom 2
Yes
Bathroom 3
Yes
Bathroom 4
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Bedroom 4
Yes
Great Room
Yes
Other
Yes
Primary Bathroom
Yes
Primary Bedroom
Yes
Recreation Room
Yes

Location, Tax, and Legal

City/County
County
New Construction YN
Yes
New Construction Start Date
2022-05-30
Estimated Completion Date
2024-02-28
Restrictive Covenants YN
Yes
Zoning
R1
Zoning Entity
Sevier County
Parcel Number
123 078.23
Tax Lot
4
Tax Annual Amount
126
Tax Year
2024

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range Hood
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Chalet
Yes
Contemporary
Yes
Split Level
Yes

Basement

Crawl Space
Yes

Construction Materials

Frame
Yes
Wood Siding
Yes

Cooling

Heat Pump
Yes

Current Financing

Conventional
Yes
VA
Yes

Current Use

Residential
Yes
Single Family
Yes

Documents Available

Aerial Photo
Yes
Property Disclosure
Yes
Septic Permit
Yes

Electric

220 Volts For Spa
Yes
220 Volts in Kitchen
Yes
220 Volts in Laundry
Yes
Circuit Breakers
Yes

Exterior Features

Lighting
Yes
Other
Yes

Flooring

Luxury Vinyl
Yes

Heating

Heat Pump
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Eat-in Kitchen
Yes
Granite Counters
Yes
Great Room
Yes
High Speed Internet
Yes
Kitchen Island
Yes
Solid Surface Counters
Yes
Storage
Yes
Walk-In Closet(s)
Yes
Walk-In Shower(s)
Yes

Laundry Features

Electric Dryer Hookup
Yes
Laundry Room
Yes
Lower Level
Yes
Washer Hookup
Yes

Levels

Two
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Level
Yes
Open Lot
Yes
Views
Yes

Other Structures

Pergola
Yes

Parking Features

Driveway
Yes
Off Street
Yes
Paved
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Porch
Yes

Pets Allowed

Yes
Yes

Pool Features

Hot Tub
Yes
Pool/Spa Combo
Yes
See Remarks
Yes

Possession

Close Of Escrow
Yes

Property Condition

New Construction
Yes

Rental

Off Site
Yes

Road Frontage Type

County Road
Yes

Road Responsibility

Public Maintained Road
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Sewer

Septic Tank
Yes

Utilities

Electricity Available
Yes
High Speed Internet Available
Yes
Internet Available
Yes
Phone Available
Yes

View

Mountain(s)
Yes

Water Source

Well
Yes

Window Features

Double Pane Windows
Yes
Insulated Windows
Yes
Screens
Yes

Showing Considerations

See Remarks
Yes

Showing Requirements

Appointment Only
Yes
See Remarks
Yes

Room Information

Room Name Level Dimensions Length Width Remarks
Primary Bedroom First 17.2 x 12.6 17.20 12.60 Private closet & Bath
Bedroom 2 First 12.1 x 12.6 12.10 12.60 Private closet & Bath
Bedroom 3 First 15 x 13.8 15.00 13.80 Private closet & Bath adj
Bedroom 4 Basement 14.2 x 13 14.20 13.00 Private closet & Bath adj
Other Basement 14.2 x 13 14.20 13.00 Bedroom 5
Primary Bathroom First 13.1 x 6.2 13.10 6.20 Primary Bathroom
Bathroom 2 Second 12.1 x 6.2 12.10 6.20 2nd bathroom
Bathroom 3 First 9.8 x 8.1 9.80 8.10 3rd bathroom
Bathroom 4 Basement 13.8 x 5.1 13.80 5.10 4th bathroom
Other Basement 8.6 x 8.6 8.60 8.60 5th bathroom
Great Room First 34.4 x 25.1 34.40 25.10 Living/dining room/kitchen
Utility Room Basement 9 x 7 9.00 7.00 Side-by-side W/D
Other Basement 23.3 x 12.6 23.30 12.60 Media/theater room
Recreation Room Basement 34.4 x 24.8 34.40 24.80 Large den/recreation room
Other Basement 7.8 x 6.8 7.80 6.80 Mechanical/storage room
Listing Office: Century 21 Legacy GP
Last Updated: February - 27 - 2026
Information deemed reliable but not guaranteed.