4314 Covered Wagon Road, Majestic Point of View, Sevierville, TN 37862

$1,125,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,609 Lot Size (sq. ft.): 72,745 Status: Closed
Current Price: $1,125,000 List Date: 8/25/2023 Last Modified: 8/28/2024

Overview

Description

Two rental projections with an average of $117,000!! Seller willing to pay up to 2% of purchase price towards buyer's rate buy down. VIEWS, VIEWS, VIEWS! You can enjoy the beauty of both sunrises and sunsets from this home with spectacular views of The Smoky Mountains. Step into this beautiful, spacious home with wide plank wood flooring and large kitchen with an island that gives you seating in addition to the dining room table. The kitchen has all stainless steel appliances and a sink with a gorgeous mountain view. Imagine washing dishes looking out at the Smokies. The laundry room has a full size washer and dryer and separate half bath just off the kitchen. The Primary Suite is located on the main level with a large bathroom. Upstairs in the loft you will find a pool table/ping pong table and arcade game. Two beautiful bedroom suites on the upper level each have their own bathroom. Step downstairs and you will be greeted by a great theater room with plenty of comfy seating. T ...

Listing Details MLS# 261040

General Property Information

Lot Size Acres
1.67
Living Area
3609
Above Grade Finished Area
2489
Below Grade Finished Area
1120
Bedrooms Total
4
Bathrooms Total
5
Bathrooms Full
4
Bathrooms Half
Yes
Garage Spaces
Yes
Year Built
2004
Bonus Room YN
Yes
Number of Bonus Rooms
Yes
Bonus Room Type(s)
Theater Room
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Construction Type
Site Built
View YN
Yes
List Price/SqFt
332.5
Sold Price/SqFt
311.72
Below Grade Unfinished Area
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin Attic Features: None Basement: Finished; Walk-Out Access Construction Materials: Frame Cooling: Central Air; Heat Pump Fireplace Features: Gas Log Heating: Heat Pump Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: Driveway; Paved; Private Patio And Porch Features: Covered; Deck Pool Features: Hot Tub Rental: Off Site Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File View: Mountain(s) Water Source: Well Showing Requirements: Call Listing Agent; See Remarks Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Primary Bedroom

Location Tax and Legal

Street Number
4314
Street Name
Covered Wagon
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Wears Valley

Contract Information

Original List Price
1200000
Listing Contract Date
2023-08-25
Owner Name
Stacy Giles
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
Yes
Association Fee
25
Association Fee Frequency
Monthly
Association Name
The Homestead
Association Email
-
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Two rental projections with an average of $117,000!! Seller willing to pay up to 2% of purchase price towards buyer's rate buy down. VIEWS, VIEWS, VIEWS! You can enjoy the beauty of both sunrises and sunsets from this home with spectacular views of The Smoky Mountains. Step into this beautiful, spacious home with wide plank wood flooring and large kitchen with an island that gives you seating in addition to the dining room table. The kitchen has all stainless steel appliances and a sink with a gorgeous mountain view. Imagine washing dishes looking out at the Smokies. The laundry room has a full size washer and dryer and separate half bath just off the kitchen. The Primary Suite is located on the main level with a large bathroom. Upstairs in the loft you will find a pool table/ping pong table and arcade game. Two beautiful bedroom suites on the upper level each have their own bathroom. Step downstairs and you will be greeted by a great theater room with plenty of comfy seating. The fourth bedroom is on the lower level and also has its own bathroom. You also have an attached garage in the basement that current owner uses as private storage. It also contains a new $7,000 900 gallon water storage system with a water filtration system. Large Hot Tub is less than 2 years old. The deck wraps around three sides of the home with comfy patio furniture and portable propane fire pit. This cabin has everything you need for a successful short term rental and is currently being rented. Would also be an excellent second or permanent home. It is turn-key. Drone Photography used in the listing
Directions
From Pigeon Forge take Wears Valley Road at stoplight #3 . Drive approx. 10 miles to a Right onto Happy Hollow Road. Go .5 miles to S. Clear Fork Road. Go .7 miles to a left onto Chamberlain Lane. Travel Approx. 1.5 miles. You will pass the Preserve entrance on your right. Take the next left at the top of the hill onto Stackstone Rd. Turn Left onto Covered Wagon Rd. First driveway on the left. See address 4314 at bottom of driveway *no sales signs are allowed in the subdivision*

Status Change Information

Major Change Timestamp
2023-11-30T18:47:46Z
Major Change Type
Status Change
Status Change Timestamp
2023-11-30
Purchase Contract Date
2023-10-11
Close Date
2023-11-30
Close Price
1125000
Buyer Financing
Conventional
Anticipated Closing Date
2023-11-30

More Information

Fireplace Features

Fireplaces Total
Yes
Gas Log
Yes

Showing Requirements

Showing Instructions
Call Wendy Booth @865-654-2970 or Mark Booth at 865-654-2200**As with all Real Estate transactions Buyer(s) should verify all information independently including Restrictions, HOA info and Square Footage, Buy Title insurance, have a survey, home inspection, and all other needed inspections. Buy insurance. Equal housing opportunity. Most information from Tax records and not verified by listing agent/Company**
Call Listing Agent
Yes
See Remarks
Yes

Room Types

Bedroom 2 Level
2
Bedroom 3 Level
2
Bedroom 4 Level
B
Primary Bedroom Level
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Bedroom 4
Yes
Primary Bedroom
Yes

Location, Tax, and Legal

Street Additional Info
Majestic Point of View
Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Parcel Number
113P A 027.00
Tax Lot
27-E
Book/Page/Doc #
5882, 74
Tax Annual Amount
2396.49
Tax Year
2022

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes

Attic Features

None
Yes

Basement

Finished
Yes
Walk-Out Access
Yes

Construction Materials

Frame
Yes

Cooling

Central Air
Yes
Heat Pump
Yes

Heating

Heat Pump
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Parking Features

Basement
Yes
Driveway
Yes
Paved
Yes
Private
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes

Pool Features

Hot Tub
Yes

Rental

Off Site
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes
Septic Permit On File
Yes

View

Mountain(s)
Yes

Water Source

Well
Yes

Room Information

Room Name Level
Primary Bedroom First
Bedroom 2 Second
Bedroom 3 Second
Bedroom 4 Basement
Primary Bedroom First
Bedroom 2 Second
Bedroom 3 Second
Bedroom 4 Basement
Listing Office: Mountain Realty Group
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.