1011 Margit Worsham Way, Gatlinburg, TN 37738

$2,315,000
Property Type: Single Family Bedrooms: 5 Square Footage: 5,435 Lot Size (sq. ft.): 47,045 Status: Closed
Current Price: $2,315,000 List Date: 8/31/2021 Last Modified: 2/23/2023

Overview

Description

Resting on one of the most desirable lots at the top of sought after Estates at Norton Creek, you’ll find this rustically elegant ”Mountain Shingle” style estate home. Construction of the highest quality on a very private one acre homesite perched on a walkable mountain top lot with panoramic views of the Smokies and Mount LeConte. Beautiful details abound in this spacious, 5BD/5BA, 2-half BA, 5,400+ sq ft mountain home, such as use of historic materials incorporated from owner’s family Virgina farm. Special features include a variety of hardwoods, cathedral ceilings, coffered ceiling, two laundry rooms, reading den, fenced yard for pets, open decks, covered patio, fire pit, screened porch with a mountain stone fireplace and integrated stone pizza oven, attached two car garage and level

Supplements: parking. Ideal for use as a permanent residence, second home, or as an overnight rental. Currently used as a hybrid second home/rental property (it's often occupied by the owner's and their guests) it still generates around $100k annually. The current rental manager projects up to $200,000 in gross rental income with less owner use- it has tremendo

Listing Details MLS# 1166013

Location Tax Legal Info

House #
1011
Street Name
Margit Worsham
St Suffix
Way
State/Province
TN
Zip Code
37738
PIN #
125 010.28 000
Subdivision
Estates at Norton Creek

Contract Info

Auction Y/N
No
Listing Price
2300000
Occupancy
Either
Gross Amount Year 1
100000

General Property Description

Type
Basement Ranch
Lot Size SqFt
47045
Acres
1.08
Acre Source
Other
Site Built
Yes
Restrictions
Yes
SqFt – Total (Aprox)
5435
SqFt – Main Lvl
3328
SqFt – Down Lvl
2107
# Bedrooms
5
Baths – Full
5
Baths – 1/2
2
# of Rooms
18
Fireplace
Yes
# Fireplace
3
Property Status
N/A
HOA
Mandatory
HOA Fee
2000
HOA Freq
Yearly
HOA Contact
Estates at Norton Creek (865) 988-1864
Year Built
2009
Bonus Room
Yes
Extra Storage
Yes
SqFt – 2nd Flr Lvl
0
SqFt – 3rd Flr Lvl
0
Basement
Yes

Status Change Info

Status Change Date
2021-10-22
Under Contract Date
2021-09-14
Sold Date
2021-10-20

Location, Tax & Legal Info

Area
Sevier County – 27
Property Sub-Type
Residential
Community
Estates at Norton Creek
City/County Code
County
Elementary School
Pi Beta Phi
Middle School
Pi Beta Phi
Total Tax
5724.1
High School
Gatlinburg Pittman

Remarks & Misc

Directions
From Pigeon Forge on Hwy. 441 (the ''Spur''): proceed toward Gatlinburg. At 3.5 mi turn right onto Norton Creek Rd. Continue on Norton Creek Rd. for approx. 2.3 miles; continue through gate into the Estates at Norton Creek, staying on Norton Creek for an additional 1 mi. Turn right onto Vasey Trillium Way and continue for approx. 1.4 mi. Turn left onto Margit Worsham Way & continue for approx. 0.8 mi., followed by a quick left to stay on Margit Worsham Way, where the property is located on your left (see sign).
Public Remarks
Resting on one of the most desirable lots at the top of sought after Estates at Norton Creek, you'll find this rustically elegant ''Mountain Shingle'' style estate home. Construction of the highest quality on a very private one acre homesite perched on a walkable mountain top lot with panoramic views of the Smokies and Mount LeConte. Beautiful details abound in this spacious, 5BD/5BA, 2-half BA, 5,400+ sq ft mountain home, such as use of historic materials incorporated from owner's family Virgina farm. Special features include a variety of hardwoods, cathedral ceilings, coffered ceiling, two laundry rooms, reading den, fenced yard for pets, open decks, covered patio, fire pit, screened porch with a mountain stone fireplace and integrated stone pizza oven, attached two car garage and level

More Information

Fencing

Fenced Yard
Yes

Atchd/Dtchd Type

Detached
Yes

Style

Chalet
Yes
Craftsman
Yes
Other
Yes

Construction

Frame
Yes
Masonry
Yes
Other
Yes

Siding

Fiber Cement
Yes

Fireplace

Gas Log
Yes
Masonry
Yes
Wood Burning
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes
Zoned
Yes

Floors

Carpet
Yes
Hardwood
Yes
Tile
Yes

Garage/Parking

Attached
Yes
Garage Door Opener
Yes
Main Level
Yes
Off-Street Parking
Yes
Side/Rear Entry
Yes

Basement

Finished
Yes
Slab
Yes
Walkout
Yes

Lot Description

Irregular Lot
Yes
Private
Yes
Rolling Slope
Yes
Wooded
Yes

Fuel

Electric
Yes
Propane
Yes

View

Mountain View
Yes
Wooded
Yes

Heat

Heat Pump
Yes
Zoned
Yes

Community Amenities

Architect Restricted
Yes
Club House
Yes
Extra Storage
Yes

Dining Area

Breakfast Bar
Yes
Eat-in Kitchen
Yes
Kitchen/Dining Rm Co
Yes
Living Rm/Dining Rm
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Gas Grill
Yes
Gas Stove
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Security Alarm
Yes
Self Cleaning Oven
Yes
Smoke Detector
Yes
Washer
Yes

Other Rooms

Basement Rec Room
Yes
Bedroom Main Level
Yes
Den/Study
Yes
Extra Storage
Yes
Great Room
Yes
Laundry/Utility
Yes
Mstr Bdrm Main Level
Yes
Rough-in-Room
Yes

Exterior Features

Deck
Yes
Patio
Yes
Porch – Covered
Yes
Porch – Enclosed
Yes
Porch – Screened
Yes
Prof Landscaped
Yes
Windows – Insulated
Yes

Misc Features

Cathedral Ceiling(s)
Yes
Kitchen Island
Yes
Pantry
Yes
Walk-in Shower
Yes
Walk-In Closet(s)
Yes
Washer/Dryer Connect
Yes
Wet Bar
Yes

Sewer

Other
Yes

Water

Well
Yes

Association Fee Incl

All Amenities
Yes
Other
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Chalet; Craftsman; Other Construction: Frame; Masonry; Other Siding: Fiber Cement Basement: Finished; Slab; Walkout Lot Description: Irregular Lot; Private; Rolling Slope; Wooded View: Mountain View; Wooded Fireplace: Gas Log; Masonry; Wood Burning Floors: Carpet; Hardwood; Tile Fuel: Electric; Propane Heat: Heat Pump; Zoned Cooling: Ceiling Fan(s); Central Cooling; Zoned Appliances: Dishwasher; Disposal; Gas Grill; Gas Stove; Microwave; Range; Refrigerator; Security Alarm; Self Cleaning Oven; Smoke Detector; Washer Sewer: Other Water: Well Other Rooms: Basement Rec Room; Bedroom Main Level; Den/Study; Extra Storage; Great Room; Laundry/Utility; Mstr Bdrm Main Level; Rough-in-Room Misc Features: Cathedral Ceiling(s); Kitchen Island; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wet Bar Exterior Features: Deck; Patio; Porch – Covered; Porch – Enclosed; Porch – Screened; Prof Landscaped; Windows – Insulated Fencing: Fenced Yard Dining Area: Breakfast Bar; Eat-in Kitchen; Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Architect Restricted; Club House; Extra Storage Association Fee Incl: All Amenities; Other Showing: See Agent Instructns New Financing: Cash; Conventional

Room Information

Master Bedroom Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Great Room Rec Room Utility Room Utility Room Other Other Other Other Other Other Other Garage Bonus Room Other
Listing Office: Century 21 Legacy
IDX
Office Phone: 877-678-2121
Last Updated: February – 23 – 2023
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.