855 Campbell Lead Road, Unit #503 #501, Gatlinburg, TN 37738

$1,445,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,644 Status: Closed
Current Price: $1,445,000 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 #501 is a top level end unit on the 5rd floor and is floor plan D on the Southeest corner. It's a 3 bedroom, 3.5 bath design. This particular corner unit has windows on three sides, creating an etheric atmosphere to enjoy the stunning mountain vistas. It has a direct view of Mt. LeConte and downtown Gatlinburg, along with an oversized corner balcony, which is open on the South and East 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 currently 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# 249935

Location, Tax, and Legal

Unit Number: #501 Street Additional Info: Unit #503 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: 501 Book/Page/Doc #: 5710, 94 Tax Annual Amount: 0 Tax Year: 2024

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: N/A Association Email: luke@claneyandsons.com Current Price: $1,445,000 Original List Price: 1517250 Sold Price: $1,445,000 Status: Closed Listing Contract Date: 2022-06-03

General Property Information

Stories Total: 1 Lot Size Acres: 0 Above Grade Finished Area: 2644 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 View YN: Yes List Price/SqFt: 573.85 Sold Price/SqFt: 546.52 Living Area: 2644 Bedrooms Total: 3 Bathrooms Total: 4 Bathrooms Full: 3 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 #501 is a top level end unit on the 5rd floor and is floor plan D on the Southeest corner. It's a 3 bedroom, 3.5 bath design. This particular corner unit has windows on three sides, creating an etheric atmosphere to enjoy the stunning mountain vistas. It has a direct view of Mt. LeConte and downtown Gatlinburg, along with an oversized corner balcony, which is open on the South and East 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 currently 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: 2024-05-21 Buyer Financing: Other Anticipated Closing Date: 2023-10-07 Major Change Timestamp: 2024-05-21T17:17:10Z Major Change Type: Status Change Purchase Contract Date: 2022-06-30 Close Date: 2024-05-13 Close Price: 1445000

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

Community Features

Clubhouse: 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

Pool Features

Hot Tub: 1 Private: 1

Possession

Close Of Escrow: 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

View

Mountain(s): 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 Community Features: Clubhouse 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 Pool Features: Hot Tub; Private Possession: Close Of Escrow 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 View: Mountain(s) 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.