realty-smokies

855 Campbell Lead Road, Unit #503 #503, Gatlinburg, TN 37738

$1,517,250
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,644 Status: Closed
Current Price: $1,517,250 List Date: 5/17/2022 Last Modified: 8/27/2024

Overview

Description

This is the only top-level penthouse unit available at the The Highlands of the Smokies. It's is a new mountain-top development with breathtaking, mountain-modern designs, featuring 95 luxury condos to be built in four phases. Phase one is the first offering and is currently under construction, scheduled to be completed in February 2024. Every unit boasts amazing mountain views of the Smokies and an open floor plan. With 10' ceilings and full glass, floor to ceiling living room and master bedroom walls, the overall grand feel of the Great Smoky Mountains will live 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. Elevators will carry you to your home floor and to higher views. Units will be turn-key, tastefully and fully furnished. The quality of the fixtures, flooring, cabinetry, doors, windows, railings and finishes are all first rate. The pool and common elements are stunning, over ...

Listing Details MLS# 249510

General Property Information

Living Area
2644
Above Grade Finished Area
2644
Bedrooms Total
3
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Garage YN
Yes
Attached Garage YN
Yes
Year Built
2022
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
Yes
Furnished
Furnished
Construction Type
Site Built
List Price/SqFt
573.85
Sold Price/SqFt
573.85
Lot Size Acres
0
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Condominium; Contemporary Association Amenities: Clubhouse; Pool; Other Association Fee Includes: Cable TV; Gas; Insurance; Internet; Maintenance Grounds; Maintenance Structure; Water Attic Features: None Basement: None Construction Materials: Masonry Cooling: Heat Pump Fireplace Features: Gas Log Flooring: Wood Foundation Details: Combination Heating: Heat Pump Interior Features: Ceiling Fan(s); Elevator; Great Room; High Speed Internet; Soaking Tub; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: One Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Sprinklers In Front; Sprinklers In Rear Parking Features: Driveway; Paved Patio And Porch Features: Covered; Patio Pool Features: Hot Tub; Private Property Condition: Under Construction Rental: On Site Road Frontage Type: City Street Roof: Composition Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available Water Source: Public Window Features: Double Pane Windows; Window Treatments Showing Requirements: Appointment Only; Restricted Hours; See Remarks Room Types: Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Primary Bedroom

Location Tax and Legal

Street Number
855
Street Name
Campbell Lead
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Chalet Village
Subdivision Name
Highlands Condominium

Contract Information

Original List Price
1517250
Listing Contract Date
2022-05-17
Owner Name
Elevation Development Group, LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
Yes
Association Fee
1124
Association Fee Frequency
Monthly
Association Name
Highlands of the Smokies
Association Email
luke@claneyandsons.com
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
This is the only top-level penthouse unit available at the The Highlands of the Smokies. It's is a new mountain-top development with breathtaking, mountain-modern designs, featuring 95 luxury condos to be built in four phases. Phase one is the first offering and is currently under construction, scheduled to be completed in February 2024. Every unit boasts amazing mountain views of the Smokies and an open floor plan. With 10' ceilings and full glass, floor to ceiling living room and master bedroom walls, the overall grand feel of the Great Smoky Mountains will live 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. Elevators will carry you to your home floor and to higher views. Units will be turn-key, tastefully and fully furnished. The quality of the fixtures, flooring, cabinetry, doors, windows, railings and finishes are all first rate. The pool and common elements are stunning, overlooking what's been said to be the best view in all of Gatlinburg. Unit #503 is a top level corner unit on the 5rd floor and is floor plan F, which is a 3 bedroom, 3.5 bath design, located on the Southwest corner. This particular corner unit has windows on three sides, creating an etheric atmosphere to enjoy the stunning mountain vistas. It has a direct view of Mt. LeConte and downtown Gatlinburg, along with an oversized corner balcony, which is open on the South and West sides. All of the bedrooms include in-suite baths. There is a half bath and full size laundry room for common use. The master bedroom is truly special, highlighted with a private balcony, floor to ceiling windows, and a private bath featuring a walk-in closet, walk-in custom tile shower, freestanding tub, double vanities and private water closet. The great room is particularly dramatic boasting a wrap-around, open concept design. The kitchen is anchored by a freestanding island, capped with a waterfall edge, solid surface counter top. The spacious dining area is surrounded by windows to take in the view. It's a breathtaking design, showcasing the setting with open spaces, ample room sizes and practical storage options. First quality engineered wood flooring will be featured throughout the unit, complimented by stylish tile in the bathrooms. This unit comes with two covered parking garage spaces. Additional uncovered guest parking is also available. Note that the square footage listed includes the covered balconies. Pre-construction reservations are available now with a 20% non refundable deposit, due at reservation, with a 15 day right of recision period. 80% financing with fixed rates for up to 30 years is available, as are other financing options. There will be an on-site rental company available for all owners with a 70/30 split. Owner's are also permitted to self manage their units. No outside rental management companies permitted. Self-managed units will be charged an additional amenities fee of 12k per year, 1000.00 monthly. This is a rare opportunity to get in on the "ground level" of a premier destination resort property. Reserve yours while supplies last.
Directions
Take HWY 441 "The Spur" from Pigeon Forge, heading toward Gatlinburg. Turn right onto the Gatlinburg by-pass. Follow to left on Campbell Lead Rd. Take an immediate left onto Campbell Lead Rd. See The Highlands of the Smokies on your left. Note this is a "hard-hat" construction site and may visited by appointment only.

Status Change Information

Major Change Timestamp
2024-04-18T14:00:34Z
Major Change Type
Status Change
Status Change Timestamp
2024-04-18
Purchase Contract Date
2023-08-29
Close Date
2024-04-17
Close Price
1517250
Buyer Financing
Cash
Anticipated Closing Date
2024-02-16

More Information

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 February 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.
Appointment Only
Yes
Restricted Hours
Yes
See Remarks
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Room Types

Bedroom 2 Level
Yes
Bedroom 3 Level
Yes
Dining Room Level
Yes
Kitchen Level
Yes
Living Room Level
Yes
Primary Bedroom Level
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes

Location, Tax, and Legal

Unit Number
#503
Street Additional Info
Unit #503
New Construction YN
Yes
New Construction Start Date
2022-05-02
Estimated Completion Date
2023-10-01
Restrictive Covenants YN
Yes
Zoning
R-2
Zoning Entity
Gatlinburg
Tax Lot
503
Book/Page/Doc #
5710, 94
Tax Annual Amount
0
Tax Year
0

Appliances

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

Architectural Style

Condominium
Yes
Contemporary
Yes

Association Amenities

Clubhouse
Yes
Pool
Yes
Other
Yes

Association Fee Includes

Cable TV
Yes
Gas
Yes
Insurance
Yes
Internet
Yes
Maintenance Grounds
Yes
Maintenance Structure
Yes
Sewer
Yes
Water
Yes

Attic Features

None
Yes

Basement

None
Yes

Construction Materials

Masonry
Yes

Cooling

Heat Pump
Yes

Fireplace Features

Gas Log
Yes

Flooring

Wood
Yes

Foundation Details

Combination
Yes

Heating

Heat Pump
Yes

Interior Features

Ceiling Fan(s)
Yes
Elevator
Yes
Great Room
Yes
High Speed Internet
Yes
Soaking Tub
Yes
Solid Surface Counters
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

One
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Sprinklers In Front
Yes
Sprinklers In Rear
Yes

Parking Features

Driveway
Yes
Paved
Yes

Patio And Porch Features

Covered
Yes
Patio
Yes

Pool Features

Hot Tub
Yes
Private
Yes

Property Condition

Under Construction
Yes

Rental

On Site
Yes

Road Frontage Type

City Street
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Water Source

Public
Yes

Window Features

Double Pane Windows
Yes
Window Treatments
Yes

Room Information

Room Name Level Remarks
Primary Bedroom First Private Balcony; Size: 16.75 x 15.10
Bedroom 2 First Walk-in Closet; Size: 15.4 x 13.9
Bedroom 3 First Window to View; Size: 14.2 x 11.6
Kitchen First Open to Living; Size: 21 x 16.9
Dining Room First Dramatic View; Size: 17.4 x 12.8
Living Room First Fabulous View; Size: 21 x 16.9
Primary Bedroom First
Bedroom 2 First
Bedroom 3 First
Kitchen First
Dining Room First
Living Room First
Listing Office: Century 21 Legacy GP
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.