realty-smokies

2869 Hatcher Mountain Road, Sevierville, TN 37862

$1,700,000
Property Type: Residential Bedrooms: 5 Baths: 10 Lot Size (sq. ft.): 98,010 Status: Closed
Current Price: $1,700,000 List Date: 6/18/2022 Last Modified: 8/28/2024

Overview

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.

Listing Details MLS# 251305

General Property Information

Lot Size Acres
2.25
Bedrooms Total
5
Bathrooms Total
10
Bathrooms Full
9
Bathrooms Half
Yes
Garage YN
No
Year Built
1994
Bonus Room YN
Yes
Number of Bonus Rooms
4
Bonus Room Type(s)
Sleeping areas
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
List Price/SqFt
358
Sold Price/SqFt
340
Above Grade Finished Area
0
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dryer; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin Attic Features: None Basement: Crawl Space; None Construction Materials: Block Cooling: Central Air Exterior Features: Rain Gutters Fireplace Features: Electric Heating: Central Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Wooded Patio And Porch Features: Deck; Porch Possession: Close Of Escrow Road Surface Type: Paved Roof: Metal Sewer: Septic Tank Water Source: Well Showing Requirements: See Remarks

Location Tax and Legal

Street Number
2869
Street Name
Hatcher Mountain
Street Suffix
Road
County
Other
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Wears Valley
Subdivision Name
Wears Valley Prop

Contract Information

Original List Price
1790000
Listing Contract Date
2022-06-18
Owner Name
Mj Investors LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Rental History Gross Amount 1
231900
Rental History Year 1
2023
Association YN
No

Remarks and Miscellaneous

Public Remarks
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.
Directions
From Pigeon Forge turn onto Wears Valley Rd., follow Wears Valley Rd. for 6.9 Miles then turn right onto Hatcher Mountain Rd., destination will be on the right in one mile

Status Change Information

Major Change Timestamp
2022-08-25T17:18:27Z
Major Change Type
Status Change
Status Change Timestamp
2022-08-25
Purchase Contract Date
2022-06-25
Close Date
2022-08-25
Close Price
1700000
Buyer Financing
Conventional
Anticipated Closing Date
2022-07-07

More Information

Showing Requirements

Showing Instructions
To schedule a showing call/text Jack Adams 865-382-4228. All offers MUST include buyer signed associated documents and proof of funds/pre-approval. Email offers to lesleyadams@gmail.com. Offers to have a response time of at least 24 hours. 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. Information presented in listing was provided by tax records and/or seller and has not been independently verified by the listing agent. It is deemed to be correct, however buyers should verify all information that is important to them, such as square footage, restrictions, HOA details, etc.
See Remarks
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Tax Lot
14B
Book/Page/Doc #
6027, 82
Tax Annual Amount
697.97
Tax Year
2019

Appliances

Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes

Architectural Style

Cabin
Yes

Attic Features

None
Yes

Basement

Crawl Space
Yes
None
Yes

Construction Materials

Block
Yes

Cooling

Central Air
Yes

Exterior Features

Rain Gutters
Yes

Fireplace Features

Electric
Yes

Heating

Central
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Solid Surface Counters
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Two
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Wooded
Yes

Patio And Porch Features

Deck
Yes
Porch
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Sewer

Septic Tank
Yes

Water Source

Well
Yes
Listing Office: Mountain Realty Group
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.