$1,700,000
$1,790,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
10 Baths
5,000 SqFt
SOLD DATE : 08/25/2022
Key Details
Sold Price $1,700,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $340
Subdivision Wears Valley Prop
MLS Listing ID 1195931
Style Cabin
Bedrooms 5
Full Baths 9
Half Baths 1
Year Built 1994
Lot Size 2.250 Acres
Property Description
Welcome to one of the freshest and largest properties in Wears Valley, just minutes from all that the area has to offer. This 5,000 square foot mega-residence has features a gorgeous view of Cove Mountain, 24-seat movie theater, a spacious arcade/game room plus room to sleep an army and rental projections by AirDNA of more than $230K per year! Gorgeous tongue and groove woodwork adorns the walls and ceilings with unique custom tile showers in each of the 9 full bathrooms. All furnishings, appliances, and decor convey with the property, making this a turnkey moneymaker for the lucky investor that scoops this up. Outside, the fire pit is a unique design allowing maximum seating beneath the stars, with a huge view out in front. Two levels of decks are placed perfectly to soak up the views and soak in the new hot tub. This home has been lovingly revived with all new metal and torch-down roofing, all new windows, all new HVAC systems, new septic system, and loads of upgrades throughout. Nestled right in the heart of Wears Valley, this property is just 12 minutes to light 3 in Pigeon Forge, 18 minutes to Gatlinburg, and 4 minutes to the Metcalf Bottoms entrance to the Great Smoky Mountains National Park. The property is also eligible to obtain an annual membership covering all guests, at a local swimming pool, adding an inexpensive and attractive pool amenity to a potential overnight rental listing! Fresh, big, and perfectly located! Welcome to 2869 Hatcher Mountain Rd.
The new septic system is being completed in the coming week. Property will be seeded and strawed, and driveway patched from equipment wear during the renovation process. New septic permit, being recorded as complete shortly, is included with associated docs along with AirDNA Rental Projection.
Location
State TN
County Sevier County - 27
Area 2.25
Rooms
Other Rooms Basement Rec Room, Great Room, Mstr Bedroom Main Level
Interior
Heating Central, Propane
Cooling Central Cooling
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type Electric
Exterior
Exterior Feature Deck
Garage Other
Garage Description Other
View Seasonal Mountain
Building
Lot Description Wooded
Sewer Septic Tank
Water Well
Structure Type Wood Siding,Block
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Agent | License ID: 354366
308 N PETERS RD. STE 225, KNOXVILLE, TN, 37922, United States