515 New Venture Way, Sevierville, TN 37876 (MLS# 308612)

515 New Venture Way, Sevierville, TN 37876

$1,225,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,692 Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $1,225,000 List Date: 10/14/2025 Last Modified: 2/28/2026

Overview

Description

Prime Investment Opportunity! This newly constructed 3,692 sq. ft. luxury cabin is located in The Lodges at Reedmont community, just minutes from Smoky Mountain Waterpark, Sevierville Golf Course, and Historic Downtown Sevierville. This cabin is ideally situated for both personal enjoyment and investment potential. The home features five bedrooms and an open-concept living area highlighted by a floor-to-ceiling fireplace. The kitchen includes a large island and dining area that is perfect for entertaining. Two spacious back decks provide space to enjoy the beautiful mountain views, while the upstairs loft offers additional living and recreation space. The lower level was designed for relaxation and fun with a private indoor pool, game room, and movie room. Whether you are seeking a private Smoky Mountain retreat or a high-performing vacation rental, this property is a rare find in a prime location.

Listing Details MLS# 308612

General Property Information

Stories Total
3
Lot Size Acres
0.06
Living Area
3692
Above Grade Finished Area
2583
Below Grade Finished Area
1109
Bedrooms Total
5
Bathrooms Total
5
Bathrooms Full
4
Bathrooms Half
Yes
Garage YN
No
Fireplace YN
Yes
Year Built
2024
Bonus Room YN
Yes
Number of Bonus Rooms
Yes
Bonus Room Type(s)
Recreation Room and Upstairs Loft
List Price/SqFt
338.3
Sold Price/SqFt
331.8
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Microwave; Refrigerator; Washer Architectural Style: Cabin; Chalet; Contemporary Basement: Basement; Finished; Walk-Out Access Cooling: Central Air Current Use: Investment Flooring: Luxury Vinyl Heating: Central Interior Features: Ceiling Fan(s); Kitchen Island; Kitchen/Dining Combo; Living/Dining Combo Laundry Features: In Basement; Laundry Closet Levels: Three Or More Lock Box Information: Call Listing Office Lot Features: Views; See Remarks Parking Features: Asphalt; Attached; On Site Patio And Porch Features: Covered; Deck; Porch Property Condition: New Construction Rental: On Site Road Surface Type: Paved Sewer: Public Sewer Water Source: Other

Location Tax and Legal

Street Number
515
Street Name
New Venture
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37876
Property Sub Type
Cabin
MLS Area Major
Sevierville
Subdivision Name
The Lodges at Reedmont

Contract Information

Original List Price
1249000
Listing Contract Date
2025-10-09
Auction YN
No
Owner Name
Bruce Street Partners
Listing Agreement
Exclusive Agency
Occupancy
Overnight Only
Association YN
Yes
Association Fee
199
Association Fee Frequency
Monthly
Association Name
Lodges at Reedmont HOA
Association Phone
865-771-1246
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Prime Investment Opportunity! This newly constructed 3,692 sq. ft. luxury cabin is located in The Lodges at Reedmont community, just minutes from Smoky Mountain Waterpark, Sevierville Golf Course, and Historic Downtown Sevierville. This cabin is ideally situated for both personal enjoyment and investment potential. The home features five bedrooms and an open-concept living area highlighted by a floor-to-ceiling fireplace. The kitchen includes a large island and dining area that is perfect for entertaining. Two spacious back decks provide space to enjoy the beautiful mountain views, while the upstairs loft offers additional living and recreation space. The lower level was designed for relaxation and fun with a private indoor pool, game room, and movie room. Whether you are seeking a private Smoky Mountain retreat or a high-performing vacation rental, this property is a rare find in a prime location.
Directions
From Hwy 66 in Sevierville, turn onto Gists Creek Rd. towards Soaky Mountain Waterpark and continue for 1.2 miles. Turn right onto Reed Schoolhouse Rd. In .3 miles, the entrance will be on your right.

Status Change Information

Major Change Timestamp
2026-02-28T14:03:48Z
Major Change Type
Status Change
Status Change Timestamp
2026-02-28
Purchase Contract Date
2026-01-17
Close Date
2026-02-27
Close Price
1225000
Buyer Financing
Conventional
Concessions Comments
$24,500 for Lender and Title Fees
Anticipated Closing Date
2026-02-27

More Information

Fireplace Features

Fireplaces Total
Yes

Location, Tax, and Legal

New Construction YN
Yes
New Construction Start Date
2025-10-01
Estimated Completion Date
2025-04-01
Restrictive Covenants YN
No
Zoning
R-1
Zoning Entity
City of Sevierville
Parcel Number
037- 057.07 – 035
Tax Lot
35
Tax Annual Amount
3439
Tax Year
2025
Elementary School
Catlettsburg Elementary
Middle Or Junior School
Sevier County Junior High
High School
Sevier County Senior High

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Cooktop
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Chalet
Yes
Contemporary
Yes

Basement

Basement
Yes
Finished
Yes
Walk-Out Access
Yes

Cooling

Central Air
Yes

Current Use

Investment
Yes

Flooring

Luxury Vinyl
Yes

Heating

Central
Yes

Interior Features

Ceiling Fan(s)
Yes
Kitchen Island
Yes
Kitchen/Dining Combo
Yes
Living/Dining Combo
Yes

Laundry Features

In Basement
Yes
Laundry Closet
Yes

Levels

Three Or More
Yes

Lock Box Information

Call Listing Office
Yes

Lot Features

Views
Yes
See Remarks
Yes

Parking Features

Asphalt
Yes
Attached
Yes
On Site
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Porch
Yes

Property Condition

New Construction
Yes

Rental

On Site
Yes

Road Surface Type

Paved
Yes

Sewer

Public Sewer
Yes

Water Source

Other
Yes

Documents

Listing Office: Homecoin.com
Last Updated: February - 28 - 2026
Information deemed reliable but not guaranteed.
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