855 Campbell Lead Road, Unit #502 #502, Gatlinburg, TN 37738
$1,460,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
2,684
Status:
Closed
Current Price:
$1,460,000
List Date:
6/03/2022
Last Modified:
8/27/2024
Description
This is the only top-level penthouse unit available at the The Highlands of the Smokies. It's is a new mountain-top development with breathtaking, mountain-modern designs, featuring 95 luxury condos to be built in four phases. Phase one is the first offering and is currently under construction, scheduled to be completed in February 2024. Every unit boasts amazing mountain views of the Smokies and an open floor plan. With 10' ceilings and full glass, floor to ceiling living room and master bedroom walls, the overall grand feel of the Great Smoky Mountains will live inside your home. Experience the mountains with resort luxury and turnkey solutions, with an-on site office to attend to you and your guests needs. Elevators will carry you to your home floor and to higher views. Units will be turn-key, tastefully and fully furnished. The quality of the fixtures, flooring, cabinetry, doors, windows, railings and finishes are all first rate. The pool and common elements are stunning, overlooking what's been said to be the best view in all of Gatlinburg. Unit #502 is a top level middle unit on the 5rd floor and is floor plan E, which is a 4 bedroom, 4.5 bath design. It has a direct view of Mt. LeConte and downtown Gatlinburg, along with an oversized corner balcony, which is open on two sides. All of the bedrooms include in-suite baths. There is a half bath and full size laundry room for common use. The master bedroom is truly special, highlighted with a private balcony, floor to ceiling windows, and a private bath featuring a walk-in closet, walk-in custom tile shower, freestanding tub, double vanities and private water closet. The great room is particularly dramatic boasting a wrap-around, open concept design. The kitchen is anchored by a freestanding island, capped with a waterfall edge, solid surface counter top. The spacious dining area is surrounded by windows to take in the view. It's a breathtaking design, showcasing the setting with open spaces, ample room sizes and practical storage options. First quality engineered wood flooring will be featured throughout the unit, complimented by stylish tile in the bathrooms. This unit comes with two covered parking garage spaces. Additional uncovered guest parking is also available. Note that the square footage listed includes the covered balconies. Pre-construction reservations are available now with a 20% non refundable deposit, due at reservation, with a 15 day right of recision period. 80% financing with fixed rates for up to 30 years is available, as are other financing options. There will be an on-site rental company available for all owners with a 70/30 split. No outside rental management companies permitted. This is a rare opportunity to get in on the 'ground level' of a premier destination resort property. Reserve yours while supplies last.
More Information MLS# 249934
Location, Tax, and Legal
Unit Number: #502
Street Additional Info: Unit #502
New Construction YN: Yes
New Construction Start Date: 2022-05-02
Estimated Completion Date: 2023-10-01
Restrictive Covenants YN: Yes
Zoning: R-2
Zoning Entity: Gatlinburg
Parcel Number: 126J C 024.00
Tax Lot: 503
Book/Page/Doc #: 5710, 94
Tax Annual Amount: 0
Tax Year: 2023
Contract Information
Association Type: Mandatory
Auction YN: No
Owner Name: Elevation Development Group
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: Yes
Association Fee: 975
Association Fee Frequency: Monthly
Association Name: Highlands of the Smokies
Association Phone: NA
Association Email: luke@claneyandsons.com
Current Price: $1,460,000
Original List Price: 1533000
Sold Price: $1,460,000
Status: Closed
Listing Contract Date: 2022-06-03
General Property Information
Stories Total: 1
Lot Size Acres: 0
Above Grade Finished Area: 2684
Below Grade Finished Area: 0
Below Grade Unfinished Area: 0
Garage YN: Yes
Bathrooms Half: 1
Attached Garage YN: Yes
Garage Spaces: 0
Fireplace YN: Yes
Bonus Room YN: No
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: Yes
Construction Type: Site Built
List Price/SqFt: 571.16
Sold Price/SqFt: 543.96
Living Area: 2684
Bedrooms Total: 4
Bathrooms Total: 5
Bathrooms Full: 4
Year Built: 2022
Remarks and Miscellaneous
Public Remarks: This is the only top-level penthouse unit available at the The Highlands of the Smokies. It's is a new mountain-top development with breathtaking, mountain-modern designs, featuring 95 luxury condos to be built in four phases. Phase one is the first offering and is currently under construction, scheduled to be completed in February 2024. Every unit boasts amazing mountain views of the Smokies and an open floor plan. With 10' ceilings and full glass, floor to ceiling living room and master bedroom walls, the overall grand feel of the Great Smoky Mountains will live inside your home. Experience the mountains with resort luxury and turnkey solutions, with an-on site office to attend to you and your guests needs. Elevators will carry you to your home floor and to higher views. Units will be turn-key, tastefully and fully furnished. The quality of the fixtures, flooring, cabinetry, doors, windows, railings and finishes are all first rate. The pool and common elements are stunning, overlooking what's been said to be the best view in all of Gatlinburg. Unit #502 is a top level middle unit on the 5rd floor and is floor plan E, which is a 4 bedroom, 4.5 bath design. It has a direct view of Mt. LeConte and downtown Gatlinburg, along with an oversized corner balcony, which is open on two sides. All of the bedrooms include in-suite baths. There is a half bath and full size laundry room for common use. The master bedroom is truly special, highlighted with a private balcony, floor to ceiling windows, and a private bath featuring a walk-in closet, walk-in custom tile shower, freestanding tub, double vanities and private water closet. The great room is particularly dramatic boasting a wrap-around, open concept design. The kitchen is anchored by a freestanding island, capped with a waterfall edge, solid surface counter top. The spacious dining area is surrounded by windows to take in the view. It's a breathtaking design, showcasing the setting with open spaces, ample room sizes and practical storage options. First quality engineered wood flooring will be featured throughout the unit, complimented by stylish tile in the bathrooms. This unit comes with two covered parking garage spaces. Additional uncovered guest parking is also available. Note that the square footage listed includes the covered balconies. Pre-construction reservations are available now with a 20% non refundable deposit, due at reservation, with a 15 day right of recision period. 80% financing with fixed rates for up to 30 years is available, as are other financing options. There will be an on-site rental company available for all owners with a 70/30 split. No outside rental management companies permitted. This is a rare opportunity to get in on the 'ground level' of a premier destination resort property. Reserve yours while supplies last.
Directions: Take HWY 441 'The Spur' from Pigeon Forge, heading toward Gatlinburg. Turn right onto the Gatlinburg by-pass. Follow to left on Campbell Lead Rd. Take an immediate left onto Campbell Lead Rd. See The Highlands of the Smokies on your left. Note this is a 'hard-hat' construction site and may visited by appointment only.
Status Change Information
Status Change Timestamp: 2024-06-07
Buyer Financing: Conventional
Anticipated Closing Date: 2023-10-07
Major Change Timestamp: 2024-06-07T20:57:54Z
Major Change Type: Status Change
Purchase Contract Date: 2022-06-30
Close Date: 2024-06-07
Close Price: 1460000
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Architectural Style
Condominium: 1
Contemporary: 1
Association Amenities
Clubhouse: 1
Pool: 1
Other: 1
Association Fee Includes
Cable TV: 1
Gas: 1
Insurance: 1
Internet: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Sewer: 1
Water: 1
Attic Features
None: 1
Basement
None: 1
Construction Materials
Masonry: 1
Cooling
Heat Pump: 1
Fireplace Features
Fireplaces Total: 1
Flooring
Wood: 1
Foundation Details
Combination: 1
Heating
Heat Pump: 1
Interior Features
Ceiling Fan(s): 1
Elevator: 1
Great Room: 1
High Speed Internet: 1
Soaking Tub: 1
Solid Surface Counters: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
One: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Sprinklers In Front: 1
Sprinklers In Rear: 1
Parking Features
Driveway: 1
Paved: 1
Patio And Porch Features
Covered: 1
Patio: 1
Property Condition
Under Construction: 1
Rental
On Site: 1
Road Frontage Type
City Street: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Water Source
Public: 1
Window Features
Double Pane Windows: 1
Window Treatments: 1
Showing Requirements
Appointment Only: 1
Restricted Hours: 1
Showing Instructions: For more information, please visit www.HighlandsOfTheSmokies.com Note that a special pre-construction purchase agreement is required by the developer, which is provided in associated docs. Construction is expected to be completed in February 2024. Construction and development financing is provided by Smart Bank. Please review the listing, associated docs and www.HighlandsOfTheSmokies.com in their entirety before submitting an offer. Feel free to call or text Jason White at (865) 654-2121 with any questions you may have. Note that HOA fees are approximate and won't be finalized until completion.
See Remarks: 1
Historical Information
Public Historical Remarks: Interior Features: Large Primary Bedroom
Room Types
Bedroom 2: 1
Bedroom 2 Level: First
Bedroom 3: 1
Bedroom 3 Level: First
Dining Room: 1
Dining Room Level: First
Kitchen: 1
Kitchen Level: First
Living Room: 1
Living Room Level: First
Primary Bedroom: 1
Primary Bedroom Level: First
Location Tax and Legal
Street Number: 855
Street Name: Campbell Lead
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Chalet Village
Subdivision Name: Highlands Condominium
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style: Condominium; Contemporary
Association Amenities: Clubhouse; Pool; Other
Association Fee Includes: Cable TV; Gas; Insurance; Internet; Maintenance Grounds; Maintenance Structure; Water
Attic Features: None
Basement: None
Construction Materials: Masonry
Cooling: Heat Pump
Flooring: Wood
Foundation Details: Combination
Heating: Heat Pump
Interior Features: Ceiling Fan(s); Elevator; Great Room; High Speed Internet; Soaking Tub; Solid Surface Counters
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: One
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Sprinklers In Front; Sprinklers In Rear
Parking Features: Driveway; Paved
Patio And Porch Features: Covered; Patio
Property Condition: Under Construction
Rental: On Site
Road Frontage Type: City Street
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Available
Water Source: Public
Window Features: Double Pane Windows; Window Treatments
Showing Requirements: Appointment Only; Restricted Hours; See Remarks
Room Types: Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Primary Bedroom
Room Information
Primary Bedroom
Level: First
Remarks: Private Balcony; Size: 16.75 x 15.10
Bedroom 2
Level: First
Remarks: Walk-in Closet; Size: 15.4 x 13.9
Bedroom 3
Level: First
Remarks: Window to View; Size: 14.2 x 11.6
Kitchen
Level: First
Remarks: Open to Living; Size: 21 x 16.9
Dining Room
Level: First
Remarks: Dramatic View; Size: 17.4 x 12.8
Living Room
Level: First
Remarks: Fabulous View; Size: 21 x 16.9
Primary Bedroom
Level: First
Bedroom 2
Level: First
Bedroom 3
Level: First
Kitchen
Level: First
Dining Room
Level: First
Living Room
Level: First
Listing Office:
Century 21 Legacy GP
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.