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855 Campbell Lead Road, #406, Gatlinburg, TN 37738
$945,000
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
1,934
Status:
Closed
Current Price:
$945,000
List Date:
6/06/2024
Last Modified:
9/13/2024
Description
The Highlands of the Smokies is a new mountain-top development with breathtaking, mountain-modern designs, featuring 95 luxury condos to be built in three phases. Phase one is the first offering, and is now complete. Every unit boasts spectacular mountain views of the Smokies, enhanced by an open floor plan. With 9' ceilings, floor to ceiling living room and master bedroom glass walls, the overall grand feel of the Great Smoky Mountains lives inside your home. Experience the mountains with resort luxury and turnkey solutions, with an-on site office to attend to you and your guests needs. A central elevator carries you to your home floor and to higher views. Units are turn-key, tastefully and fully furnished. The quality of the fixtures, flooring, cabinetry, doors, windows, railings and finishes are all first rate. The reception area, pool, hot tub, fire pits, fitness center, landscaping, and common areas are absolutely stunning, overlooking what's been said to be the best view in all of Gatlinburg. Unit #406 is a corner unit on the top floor, closest to the elevator and amenities with a Mt. LeConte view. It's the only penthouse 3 bedroom, 3.5 bath unit available. All bedrooms have private on-suite baths with custom walk-in showers, plus a half bath for guest's use. There is an extra hall closet that would make a great lockable owner's closet. The primary bath features a walk-in closet, walk-in custom tile shower, freestanding tub, double vanities and private water closet. It's a thoughtful design, showcasing the setting with open spaces, ample room sizes and practical storage options. The open kitchen features beautiful granite counter tops, high quality cabinetry, and a spacious bar. First quality engineered wood flooring is featured throughout the unit, complimented by stylish tile in the bathrooms. Note the square footage listed includes the covered balcony. High speed fiber optic internet access is included in HOA fee, along with basic cable, gas, water, sewer, outside maintenance, and insurance from the ''sheetrock out.'' 80% financing with fixed rates for up to 30 years is available, as are other financing options. The on-site rental company is available to all owners and is currently welcoming guests. The Highlands has had a loyal and devoted following since the 1980s, when the original project was built. The current project replaces it, which was destroyed by fire in 2016. This is a major advantage for rental income, as it's been a destination for many years. No outside rental management companies are permitted. This is a rare opportunity to get in on the 'ground level' of a premier destination resort property.
More Information MLS# 301413
Location Tax and Legal
Street Number: 855
Street Name: Campbell Lead
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Condominium
MLS Area Major: Gatlinburg
Subdivision Name: Highlands Condominium
Contract Information
Current Price: $945,000
Original List Price: 999500
Sold Price: $945,000
Status: Closed
Listing Contract Date: 2024-06-06
Auction YN: No
Owner Name: Elevation Development
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Common Interest: Condominium
Association YN: Yes
Association Fee: 845
Association Fee Frequency: Monthly
Association Name: Highlands of the Smokies
Association Phone: 866-226-9005
Association Email: luke@claneyandsons.com
Association Type: Mandatory
General Property Information
Stories Total: 1
Living Area: 1934
Above Grade Finished Area: 1934
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: 1
Garage YN: No
Attached Garage YN: No
Garage Spaces: 1
Carport Spaces: 1
Fireplace YN: Yes
Year Built: 2022
Bonus Room YN: No
Accessory Dwelling Unit YN: No
Sign On Property YN: Yes
Home Warranty YN: Yes
Furnished: Furnished
Construction Type: Site Built
Planned Unit Development (PUD): No
View YN: Yes
Waterfront YN: No
Accessibility Features YN: Yes
List Price/SqFt: 516.8
Sold Price/SqFt: 488.62
Remarks and Miscellaneous
Public Remarks: The Highlands of the Smokies is a new mountain-top development with breathtaking, mountain-modern designs, featuring 95 luxury condos to be built in three phases. Phase one is the first offering, and is now complete. Every unit boasts spectacular mountain views of the Smokies, enhanced by an open floor plan. With 9' ceilings, floor to ceiling living room and master bedroom glass walls, the overall grand feel of the Great Smoky Mountains lives inside your home. Experience the mountains with resort luxury and turnkey solutions, with an-on site office to attend to you and your guests needs. A central elevator carries you to your home floor and to higher views. Units are turn-key, tastefully and fully furnished. The quality of the fixtures, flooring, cabinetry, doors, windows, railings and finishes are all first rate. The reception area, pool, hot tub, fire pits, fitness center, landscaping, and common areas are absolutely stunning, overlooking what's been said to be the best view in all of Gatlinburg. Unit #406 is a corner unit on the top floor, closest to the elevator and amenities with a Mt. LeConte view. It's the only penthouse 3 bedroom, 3.5 bath unit available. All bedrooms have private on-suite baths with custom walk-in showers, plus a half bath for guest's use. There is an extra hall closet that would make a great lockable owner's closet. The primary bath features a walk-in closet, walk-in custom tile shower, freestanding tub, double vanities and private water closet. It's a thoughtful design, showcasing the setting with open spaces, ample room sizes and practical storage options. The open kitchen features beautiful granite counter tops, high quality cabinetry, and a spacious bar. First quality engineered wood flooring is featured throughout the unit, complimented by stylish tile in the bathrooms. Note the square footage listed includes the covered balcony. High speed fiber optic internet access is included in HOA fee, along with basic cable, gas, water, sewer, outside maintenance, and insurance from the ''sheetrock out.'' 80% financing with fixed rates for up to 30 years is available, as are other financing options. The on-site rental company is available to all owners and is currently welcoming guests. The Highlands has had a loyal and devoted following since the 1980s, when the original project was built. The current project replaces it, which was destroyed by fire in 2016. This is a major advantage for rental income, as it's been a destination for many years. No outside rental management companies are permitted. This is a rare opportunity to get in on the 'ground level' of a premier destination resort property.
Directions: HWY 441 ''The Spur'' to right on the Gatlinburg By-Pass, left on Campbell Lead, immediate left on Campbell Lead, to project on left.
Status Change Information
Major Change Timestamp: 2024-09-13T19:30:14Z
Major Change Type: Status Change
Status Change Timestamp: 2024-09-13
Purchase Contract Date: 2024-08-01
Close Date: 2024-09-13
Close Price: 945000
Buyer Financing: Conventional
Concessions Comments: Yes
Anticipated Closing Date: 2024-09-17
Fireplace Features
Fireplaces Total: 1
Lock Box Information
Lock Box Location: door
Main Room Levels
Main Level Bathrooms: 3
Main Level Bedrooms: 35
Parking Features
Covered Spaces: 1
Open Parking YN: Yes
Showing Requirements
Showing Instructions: For more information, please visit www.HighlandsOfTheSmokies.com.Note that a special pre-construction purchase agreement is required by the developer, which is provided in associated docs. Construction is scheduled to be completed in April 2024. Construction and development financing is provided by Smart Bank. Please review the listing, associated docs and www.HighlandsOfTheSmokies.com in their entirety before submitting an offer. Feel free to call or text Jason White at (865) 654-2121 with any questions you may have. Note that HOA fees are approximate and won't be finalized until completion.
Room Types
Bedroom 2 Level: First
Bedroom 3 Level: First
Dining Room Level: First
Kitchen Level: First
Living Room Level: First
Primary Bedroom Level: First
Property Features
Accessibility Features: Accessible Central Living Area; Accessible Common Area; Accessible Elevator Installed; Accessible Entrance
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style: Condominium; Contemporary
Association Amenities: Clubhouse; Maintenance Grounds; Pool; Recreation Facilities; Other
Association Fee Includes: Cable TV; Gas; Insurance; Internet; Maintenance Grounds; Maintenance Structure; Trash; Water
Attic Features: None
Basement: None
Common Walls: 1 Common Wall; End Unit; No One Above
Community Features: Fitness Center
Construction Materials: Block; Fiber Cement; Masonry; Steel Frame
Cooling: Heat Pump
Current Financing: Other
Current Use: Development
Documents Available: Aerial Photo; Furniture List
Door Features: ENERGY STAR Qualified Doors
Exterior Features: Gas Grill; Lighting; Rain Gutters
Fireplace Features: Gas Log
Flooring: Plank; Wood
Foundation Details: Combination
Heating: Heat Pump
Interior Features: Ceiling Fan(s); Elevator; Granite Counters; Great Room; High Speed Internet; Kitchen/Dining Combo; Living/Dining Combo; Soaking Tub; Tray Ceiling(s); Walk-In Closet(s); Walk-In Shower(s)
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: One
Listing Terms: 1031 Exchange; Cash
Lock Box Information: Combo
Lot Features: Sprinklers In Front; Sprinklers In Rear
Parking Features: Assigned; Attached Carport; Driveway; Off Street; Paved; Private
Patio And Porch Features: Covered; Patio
Pets Allowed: Yes
Pool Features: Gas Heat
Possession: Close Of Escrow
Property Condition: Under Construction
Rental: On Site; Rental History
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Composition
Security Features: Fire Sprinkler System; Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Connected; Electricity Connected; High Speed Internet Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source: Public
Window Features: Double Pane Windows; ENERGY STAR Qualified Windows; Low-Emissivity Windows; Window Treatments
Showing Requirements: Appointment Only; See Remarks
Room Types: Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Primary Bedroom
Room Information
Primary Bedroom
Level: First
Dimensions: 16.75 x 12.5
Length: 16.75
Length: 16.75
Width: 12.50
Width: 12.50
Remarks: Balcony Access; Size: 16.75 x 12.5
Bedroom 2
Level: First
Dimensions: 14.33 x 16.8
Length: 14.33
Length: 14.33
Width: 16.80
Width: 16.80
Remarks: Across from Kitchen; Size: 14.4 X 16.10
Bedroom 3
Level: First
Dimensions: 12 x 12
Length: 12.00
Length: 12.00
Width: 12.00
Width: 12.00
Remarks: Adjacent to Entrance; Size: 12 x 12
Kitchen
Level: First
Dimensions: 12 x 10
Length: 12.00
Length: 12.00
Width: 10.00
Width: 10.00
Remarks: Open to Living; Size: 12 X 10.2
Dining Room
Level: First
Remarks: Bar at Kitchen; Size: Living Combo
Living Room
Level: First
Remarks: Fabulous View; Size: 28 x 17.5
Primary Bedroom
Level: First
Bedroom 2
Level: First
Bedroom 3
Level: First
Kitchen
Level: First
Dining Room
Level: First
Living Room
Level: First
Listing Office: Century 21 Legacy GP
Last Updated: September - 13 - 2024
Information deemed reliable but not guaranteed.