2940 Tower, Sevierville, TN 37876
$3,125,000
Property Type:
Residential
Bedrooms:
13
Baths:
9
Square Footage:
8,568
Lot Size (sq. ft.):
221,285
Status:
Closed
Current Price:
$3,125,000
List Date:
4/07/2023
Last Modified:
9/02/2024
Overview
Description
All NEW septic tanks and lines just installed. Management company will guarantee a minimum of 375K in gross rental income in the first 12 months under new ownership!! Perfect for family reunions, wedding parties, corporate retreats, etc. This is truly a once in a lifetime opportunity to own one of the most unique luxury properties in all of Tennessee. This exquisite gated mountain estate has unparalleled mountain views and is situated on 5 private park-like acres featuring a 5 bedroom main house, personal arcade room/buliding, private movie theater, a 2 bedroom bungalow cabin, a 5 bedroom cottage, a quaint 1 bedroom cabin, and a covered pavilion with heated pool overlooking the Smoky Mountains! The options are limitless at this spectacular retreat! Boasting almost 9,000 finished square feet with 13 beds and 8.5 baths there is plenty of room for everyone! This property has been tastefully updated and decorated and is turn-key ready for its next owner! Sit back and relax while taking in the best views East Tennessee has to offer. There are truly too many features to describe, this is an absolute MUST SEE!! Call today to schedule your private showing and request a pro forma. Don't forget to check out the VIRTUAL TOUR and Floorplans!!
Listing Details MLS# 256661
General Property Information
- Lot Size Acres
- 5.08
- Living Area
- 8568
- Above Grade Finished Area
- 5538
- Below Grade Finished Area
- 3030
- Bedrooms Total
- 13
- Bathrooms Total
- 9
- Bathrooms Full
- 8
- Bathrooms Half
- Yes
- Garage YN
- No
- Year Built
- 1970
- Bonus Room YN
- Yes
- Accessory Dwelling Unit YN
- Yes
- Sign On Property YN
- No
- Home Warranty YN
- No
- Furnished
- Furnished
- Construction Type
- Site Built
- View YN
- Yes
- List Price/SqFt
- 420.17
- Sold Price/SqFt
- 364.73
- Below Grade Unfinished Area
- 0
- Garage Spaces
- 0
Property Features
Appliances:
Dishwasher; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Washer
Architectural Style:
Contemporary; Log
Basement:
Finished; Full; Walk-Out Access
Construction Materials:
Masonry; Stone
Cooling:
Central Air
Exterior Features:
Rain Gutters
Fireplace Features:
Electric; Gas Log
Flooring:
Wood
Foundation Details:
Slab
Heating:
Central; Electric
Interior Features:
Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Soaking Tub; Solid Surface Counters
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Levels:
Two
Listing Terms:
1031 Exchange; Cash; Conventional
Lot Features:
Private
Patio And Porch Features:
Covered; Deck
Pool Features:
Hot Tub; Private
Road Frontage Type:
County Road; Private Road
Road Surface Type:
Paved
Roof:
Composition; Metal
Sewer:
Septic Permit Not Found
View:
Mountain(s)
Water Source:
Well
Window Features:
Window Treatments
Showing Requirements:
Appointment Only; See Remarks
Location Tax and Legal
- Street Number
- 2940
- Street Name
- Tower
- County
- Sevier
- State
- TN
- Zip Code
- 37876
- Property Sub Type
- Single Family Residence
- MLS Area Major
- Bluff Mtn/Walde
- Subdivision Name
- Bluff Mtn Acres
Contract Information
- Original List Price
- 3799999
- Listing Contract Date
- 2023-04-07
- Owner Name
- A View From Above Clouds LLC
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- All NEW septic tanks and lines just installed. Management company will guarantee a minimum of 375K in gross rental income in the first 12 months under new ownership!! Perfect for family reunions, wedding parties, corporate retreats, etc. This is truly a once in a lifetime opportunity to own one of the most unique luxury properties in all of Tennessee. This exquisite gated mountain estate has unparalleled mountain views and is situated on 5 private park-like acres featuring a 5 bedroom main house, personal arcade room/buliding, private movie theater, a 2 bedroom bungalow cabin, a 5 bedroom cottage, a quaint 1 bedroom cabin, and a covered pavilion with heated pool overlooking the Smoky Mountains! The options are limitless at this spectacular retreat! Boasting almost 9,000 finished square feet with 13 beds and 8.5 baths there is plenty of room for everyone! This property has been tastefully updated and decorated and is turn-key ready for its next owner! Sit back and relax while taking in the best views East Tennessee has to offer. There are truly too many features to describe, this is an absolute MUST SEE!! Call today to schedule your private showing and request a pro forma. Don't forget to check out the VIRTUAL TOUR and Floorplans!!
- Directions
- From Pigeon Forge: Turn at traffic light #3 towards Wears Valley. Travel about 2.6 miles. Turn R on Walden's Creek. Travel about .5 miles. Turn L on Goose Gap. Travel about .4 miles. Turn L on Bluff Mtn Rd. Travel about 4 miles. Turn L on Tower Rd. Travel about .4 miles to property. See gate on right.
Status Change Information
- Major Change Timestamp
- 2024-03-02T06:00:00Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2023-11-29T03:23:27Z
- Status Change Timestamp
- 2024-02-01
- Purchase Contract Date
- 2023-12-25
- Close Date
- 2024-02-01
- Close Price
- 3125000
- Buyer Financing
- Conventional
- Anticipated Closing Date
- 2024-01-31
More Information
Accessory Dwelling Unit Information
- ADU SqFt
- 4011
Fireplace Features
- Fireplaces Total
- 2
- Electric
- Yes
- Gas Log
- Yes
Showing Requirements
- Showing Instructions
- To Show, TEXT Melinda Hyder at 865-386-4053. This listing includes lots 7 AND 11. To take advantage of the income guarantee, the property must stay with CabinsUSA for 12 months. Owner financing available with suitable down payment. Buyers should be advised to verify all information independently including HOA info, square footage, acreage, and other details of a property. Equal housing opportunity. Most information is taken from tax records and is not verified or guaranteed by listing agent/company.
- Appointment Only
- Yes
- See Remarks
- Yes
Historical Information
- Public Historical Remarks
- Interior Features: Large Primary Bedroom
Location, Tax, and Legal
- Restrictive Covenants YN
- No
- Zoning
- R-1
- Zoning Entity
- Sevier County
- Parcel Number
- 081J B 007.00, 081J B 011.00
- Tax Lot
- 7 and 11
- Book/Page/Doc #
- 5939, 307
- Tax Annual Amount
- 1811.18
- Tax Year
- 2019
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Electric Range
- Yes
- Microwave
- Yes
- Range Hood
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Architectural Style
- Contemporary
- Yes
- Log
- Yes
Basement
- Finished
- Yes
- Full
- Yes
- Walk-Out Access
- Yes
Construction Materials
- Masonry
- Yes
- Stone
- Yes
Cooling
- Central Air
- Yes
Exterior Features
- Rain Gutters
- Yes
Flooring
- Wood
- Yes
Foundation Details
- Slab
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Interior Features
- Cathedral Ceiling(s)
- Yes
- Ceiling Fan(s)
- Yes
- Great Room
- Yes
- Soaking Tub
- 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
- Private
- Yes
Patio And Porch Features
- Covered
- Yes
- Deck
- Yes
Pool Features
- Hot Tub
- Yes
- Private
- Yes
Road Frontage Type
- County Road
- Yes
- Private Road
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Composition
- Yes
- Metal
- Yes
Sewer
- Septic Permit Not Found
- Yes
View
- Mountain(s)
- Yes
Water Source
- Well
- Yes
Window Features
- Window Treatments
- Yes
Listing Office:
The Real Estate Firm Inc. Sevier
Last Updated: September - 02 - 2024
Information deemed reliable but not guaranteed.