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2969 Redtail RD Sevierville, TN 37862
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Key Details
Sold Price $1,125,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,415 sqft
Price per Sqft $254
Subdivision Homestead In Wears Valley
MLS Listing ID 241757
Sold Date 06/18/21
Style Log
Bedrooms 4
Full Baths 4
Half Baths 1
HOA Fees $25/ann
HOA Y/N Yes
Abv Grd Liv Area 2,795
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2007
Annual Tax Amount $2,052
Tax Year 2019
Lot Size 1.070 Acres
Acres 1.07
Property Description
Beautiful Lodge Style Log Home in a Private Location in Wears Valley. This 4 bedroom log cabin with a bonus bunk room has spectacular unobstructed views of the Smoky Mountains. Zero-Entry at the door with a Master bedroom on the main level. You will know that you have entered a luxurious property from the time that you walk into this 4,400+ square foot mountain retreat with high-end finishes throughout. Vaulted ceilings in multiple rooms with walls of glass that bring the outdoors in. Intricate tongue and groove millwork with timbers of spruce, hemlock, hickory, oak, and cherry. Enjoy the sense of volume in the 2 Story Great Room with soaring beams, gleaming wood walls, and beautiful hardwood floors. An upgraded oversized kitchen with a large breakfast bar and adjacent dining room accommodates large gatherings. Two spacious bedrooms with private baths on the upper level are connected by a huge lofted living room with wonderful mountain views. The lower level of the property is built for entertainment with a theater room(stadium seating), a large game room with a pool table, 2 console games, and a wet bar. A king bedroom and bunk room complete this space. Boundless decks and covered porches on the main and lower levels provide lots of outdoor living space with a hot tub and multiple seating areas for both observing the mountains and sharing meals. The owners of the property have made over $110,000 in upgrades since its acquisition. Gross Revenue from March 2020 through February 2021 was $89,269 with zero reservations in April 2020 and only 64% Occupancy for May through June of 2020. Revenue for 2021 is conservatively projected to be in excess of $103,000. This Property is Being Sold Turnkey!
Location
State TN
County Sevier
Zoning R-1
Direction Wears Vally Road to Happy Hollow Road. Go 0.3 miles before turning right onto Clearfork. Go 0.7 miles before turning left onto Chamberlain Way. Go 1.6 miles and veer left, then go 0.1 miles and take the first right onto Settlers View Lane. From there, go 0.6 miles before turning left onto Redtail Road. The property is 0.2 miles ahead on the left with a gravel driveway
Rooms
Other Rooms true
Basement Basement, Finished, Full, Walk-Out Access
Dining Room 1 true
Kitchen true
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining, Great Room, Soaking Tub, Walk-In Closet(s), Wet Bar
Heating Central
Cooling Central Air, Electric
Flooring Wood
Fireplaces Type Insert
Fireplace Yes
Window Features Double Pane Windows,Window Treatments
Appliance Dishwasher, Disposal, Double Oven, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Garage Driveway, Private
Pool Hot Tub
Amenities Available Other
Waterfront No
View Y/N Yes
View Mountain(s)
Roof Type Composition
Street Surface Gravel,Paved
Porch Deck
Parking Type Driveway, Private
Garage No
Building
Sewer Septic Permit On File
Water Well
Architectural Style Log
Structure Type Log
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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