realty-smokies

506 Pine Mountain Road, 504 Pine Mountain Road, Pigeon Forge, TN 37863

$1,065,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,376 Lot Size (sq. ft.): 32,234 Status: Closed
Current Price: $1,065,000 List Date: 5/13/2022 Last Modified: 8/31/2024

Overview

Description

INVESTORS DREAM! C-6 COMMERCIAL .74 ACRE LOT with 2 OVERNIGHT RENTAL HOMES and located in the HEART OF PIGEON FORGE. This SHOWPLACE is within walking distance to the parkway, but for your convenience there is also a trolley stop right across the street. The main home (Our Tennessee Mountain Home) is 2176 sf and features 3 bedrooms and 2 full baths. Newer metal roof, HVAC system and windows were replaced in 2020. Electrical has also been updated. Spacious living room features new LVP flooring, beautiful fireplace, and large bay window. Kitchen features include tile flooring, oak cabinetry, and comes fully equipped. Main level has 2 bedrooms and large full bath with tub/shower combo. Screened-in porch with picnic table great for relaxing and enjoying the scenery. Laundry/utility room with full size washer and dryer. Upstairs features a large bedroom with full bath, sitting area, and private balcony with mountain views. The guest house (Pigeon Forge Getaway) is 1200 sf with 2 bed ...

Listing Details MLS# 249402

General Property Information

Lot Size Acres
0.74
Living Area
3376
Above Grade Finished Area
3376
Bedrooms Total
5
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Garage YN
Yes
Attached Garage YN
No
Garage Spaces
2
Year Built
1949
Bonus Room YN
No
Accessory Dwelling Unit YN
Yes
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
List Price/SqFt
318.42
Sold Price/SqFt
315.46
Below Grade Finished Area
0
Below Grade Unfinished Area
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Country Attic Features: Access Only Basement: Crawl Space; None Construction Materials: Brick; Vinyl Siding Cooling: Central Air; Electric Exterior Features: Rain Gutters; Storage Fireplace Features: Electric; Masonry Heating: Central; Electric Interior Features: Ceiling Fan(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: One and One Half Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Level Parking Features: Driveway; Paved Patio And Porch Features: Covered; Deck; Screened Possession: Close Of Escrow; Other Rental: Off Site Road Frontage Type: City Street Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent

Location Tax and Legal

Street Number
506
Street Name
Pine Mountain
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37863
Property Sub Type
Single Family Residence
MLS Area Major
Pigeon Forge
Subdivision Name
Other

Contract Information

Original List Price
1075000
Listing Contract Date
2022-05-13
Owner Name
Steve and Edna Sipos
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Rental History Gross Amount 1
60000
Rental History Year 1
2020
Rental History Gross Amount 2
60000
Rental History Year 2
2021
Association YN
No

Remarks and Miscellaneous

Public Remarks
INVESTORS DREAM! C-6 COMMERCIAL .74 ACRE LOT with 2 OVERNIGHT RENTAL HOMES and located in the HEART OF PIGEON FORGE. This SHOWPLACE is within walking distance to the parkway, but for your convenience there is also a trolley stop right across the street. The main home (Our Tennessee Mountain Home) is 2176 sf and features 3 bedrooms and 2 full baths. Newer metal roof, HVAC system and windows were replaced in 2020. Electrical has also been updated. Spacious living room features new LVP flooring, beautiful fireplace, and large bay window. Kitchen features include tile flooring, oak cabinetry, and comes fully equipped. Main level has 2 bedrooms and large full bath with tub/shower combo. Screened-in porch with picnic table great for relaxing and enjoying the scenery. Laundry/utility room with full size washer and dryer. Upstairs features a large bedroom with full bath, sitting area, and private balcony with mountain views. The guest house (Pigeon Forge Getaway) is 1200 sf with 2 bedrooms and 1.5 baths. The eclectic mix of ideas in this truly unique home is just incredible. The owner definitely created a masterpiece with all the antiques and custom originals . Home features a large family room with sleeper sofa, separate living room, fully equipped kitchen, and large laundry room with full size washer & dryer. The semi-private back yard is fenced and features a firepit, covered swing, picnic area, and plenty of room to play a game of horseshoes or cornhole. The detached 2 car garage has paved level parking and is great for motorcycles or car show enthusiasts. Property features city water, sewer, and natural gas. Drone photos used in listing.
Directions
Pigeon Forge Parkway to traffic light #6. Turn onto Pine Mountain Road and go .5mi to house on RIGHT at corner of Pine Mountain Road and Willa View Drive.

Status Change Information

Major Change Timestamp
2022-07-22T17:14:48Z
Major Change Type
Status Change
Status Change Timestamp
2022-07-22
Purchase Contract Date
2022-05-13
Close Date
2022-07-22
Close Price
1065000
Buyer Financing
Conventional
Anticipated Closing Date
2022-06-17

More Information

Accessory Dwelling Unit Information

ADU SqFt
1200

Fireplace Features

Fireplaces Total
2
Electric
Yes
Masonry
Yes

Showing Requirements

Showing Instructions
Please contact listing agent to schedule showings at 865.712.0248. Proof of Funds or Pre-approval Letter & ALL Disclosures in Associated Docs MUST accompany Offer. Submit Offer to tinaparton143@gmail.com. Seller currently rents both homes through AirBnB and they are doing great with wonderful reviews. Items that do not convey: Live house plants in main house and pedal car in guest house . ***As with all Real Estate transactions you should verify all information independently including HOA info. Buy title insurance, have a survey, home inspection, and all other needed inspections. Buy insurance. Equal housing opportunity. Property information taken from tax records/seller, and not verified by listing agent/company. Buyer should verify all information and square footage independently.***
Appointment Only
Yes
Call Listing Agent
Yes

Location, Tax, and Legal

Street Additional Info
504 Pine Mountain Road
Restrictive Covenants YN
Yes
Zoning
C-6
Zoning Entity
Pigeon Forge
Tax Lot
0000
Book/Page/Doc #
564, 354
Tax Annual Amount
704.52
Tax Year
2021

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Country
Yes

Attic Features

Access Only
Yes

Basement

Crawl Space
Yes
None
Yes

Construction Materials

Brick
Yes
Vinyl Siding
Yes

Cooling

Central Air
Yes
Electric
Yes

Exterior Features

Rain Gutters
Yes
Storage
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

Ceiling Fan(s)
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

One and One Half
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Level
Yes

Parking Features

Driveway
Yes
Paved
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Screened
Yes

Possession

Close Of Escrow
Yes
Other
Yes

Rental

Off Site
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Water Source

Public
Yes
Listing Office: Prime Mountain Properties
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.