520 Otter Run Way, Gatlinburg, TN 37738
$1,900,000
Property Type:
Single Family
Bedrooms:
5
Square Footage:
4,186
Lot Size (sq. ft.):
60,548
Status:
Closed
Current Price:
$1,900,000
List Date:
6/10/2022
Last Modified:
9/22/2022
Description
PRIVATE MOUNTAIN ESTATE! UPDATE: July 2022 Gross Overnight Rental Revenue $33,000!! This majestic custom home boasts 4186 square feet of open floor plan with 5 large bedrooms, each with it’s own private bath, plus a built-out bunk room. Perched on a shelf overlooking the sweeping watershed of Norton Creek, this home offers stunning views in all seasons. The main level great room is full of character with exposed post and beam details, an open gourmet kitchen (granite counter tops), with one of three massive stone fireplaces (wood burning or gas), breakfast nook and deck access. The entry level also features a half bath, coat closet, laundry room and master bedroom with a spacious his and hers luxury bath. The lower level consists of four guest suites, a bunk room, second
Supplements: deck and a fabulous ”treehouse” gazebo with a wood burning fireplace and brand new hot tub overlooking the sweeping mountain and valley views. Gaze at the stars as you listen to Norton Creek below on sultry summer nights. The detached two car garage has been finished as a Rec Room/Media Room. This exquisite home would make a great short term rental, as it sleeps 16 comfortably and is offered completely furnished with all fixtures, decor and appliances. A totally private, end of cul-de-sac location makes it the perfect Mountain Get-Away. Home is currently an Overnight Vacation Rental and is a very lucrative investment. (UPDATE: July, 2022 Gross Rental Revenue $33,000)The Estates at Norton Creek is a unique mountain development of superb quality with underground utilities and a gated entrance. It boasts a stunning setting that begins with the entrance along beautiful Norton Creek off the Foothills Parkway between Pigeon Forge and Gatlinburg. This area offers easy access to Gatlinburg, Pigeon Forge and the Great Smoky Mountains National Park as well. Call today for your private showing!
More Information MLS# 1194791
Contract Info
Auction Y/N: No
Occupancy: Either
Listing Price: 1950000
Current Price: $1,900,000
Status: Closed
Listing Date: 2022-06-10
Location, Tax & Legal Info
Area: Sevier County – 27
Property Sub-Type: Residential
City/County Code: County
Total Tax: 3993.42
General Property Description
Type: Basement Ranch
# Bedrooms: 5
Acres: 1.39
Acre Source: Tax Records
# of Rooms: 12
Restrictions: Yes
Site Built: Yes
Fireplace: Yes
HOA Fee: 2000
HOA Freq: Yearly
HOA Contact: Estates at Norton Creek HOA – 865-409-1410
Property Status: N/A
SqFt – Main Lvl: 1752
SqFt – Down Lvl: 1752
SqFt – 2nd Flr Lvl: 1725
SqFt – 3rd Flr Lvl: 682
# Fireplace: 3
HOA: Mandatory
Basement: Yes
Bonus Room: Yes
Extra Storage: Yes
SqFt – Total (Aprox): 4186
Baths – Full: 5
Baths – 1/2: 1
Year Built: 2008
Remarks & Misc
Directions: Travelling toward Gatlinburg from traffic light #10 in Pigeon Forge – go 3.4 miles and turn right on Cove Mountain Rd with an immediate left onto Norton Creek Rd. Go 2 miles (pass through Estates at Norton Creek gate) and right on Vasey Tillium Way (also Margit Worsham Way). Go 0.4 miles and right on Otter Run Way. Home is at the end of the cul de sac.
Public Remarks: PRIVATE MOUNTAIN ESTATE! UPDATE: July 2022 Gross Overnight Rental Revenue $33,000!! This majestic custom home boasts 4186 square feet of open floor plan with 5 large bedrooms, each with it’s own private bath, plus a built-out bunk room. Perched on a shelf overlooking the sweeping watershed of Norton Creek, this home offers stunning views in all seasons. The main level great room is full of character with exposed post and beam details, an open gourmet kitchen (granite counter tops), with one of three massive stone fireplaces (wood burning or gas), breakfast nook and deck access. The entry level also features a half bath, coat closet, laundry room and master bedroom with a spacious his and hers luxury bath. The lower level consists of four guest suites, a bunk room, second
Atchd/Dtchd Type
Detached: 1
Style
Chalet: 1
Craftsman: 1
Traditional: 1
Construction
Frame: 1
Siding
Stone: 1
Other: 1
Fireplace
Gas Log: 1
Stone: 1
Wood Burning: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Zoned: 1
Floors
Carpet: 1
Hardwood: 1
Tile: 1
Garage/Parking
Detached: 1
Off-Street Parking: 1
None: 1
Basement
Finished: 1
Walkout: 1
Lot Description
Cul-De-Sac: 1
Irregular Lot: 1
Private: 1
Rolling Slope: 1
Wooded: 1
Fuel
Electric: 1
Propane: 1
View
Country Setting: 1
Mountain View: 1
Wooded: 1
Heat
Heat Pump: 1
Zoned: 1
Community Amenities
Gated Community: 1
Dining Area
Breakfast Room: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Stove: 1
Microwave: 1
Range: 1
Refrigerator: 1
Self Cleaning Oven: 1
Smoke Detector: 1
Washer: 1
Other Rooms
2nd Rec Room: 1
Basement Rec Room: 1
Bedroom Main Level: 1
Breakfast Room: 1
Den/Study: 1
Extra Storage: 1
Great Room: 1
Laundry/Utility: 1
Mstr Bdrm Main Level: 1
Split Bedroom: 1
Exterior Features
Balcony: 1
Deck: 1
Doors – Energy Star: 1
Porch – Covered: 1
Prof Landscaped: 1
Windows – Insulated: 1
Misc Features
Cathedral Ceiling(s): 1
Internet Available: 1
Kitchen Island: 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Washer/Dryer Connect: 1
Wet Bar: 1
Whirlpool Tub: 1
Wired for Internet: 1
Sewer
Public Sewer: 1
Water
Private: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 520
Street Name: Otter Run
St Suffix: Way
State/Province: TN
Zip Code: 37738
PIN #: 125 011.57
Subdivision: Estates At Norton Creek
Geo Lat: 35.725472
Geo Lon: -83.548848
Status Change Info
Status Change Date: 2022-09-22
Under Contract Date: 2022-08-20
Sold Date: 2022-09-16
Sold Price: $1,900,000
Property Features
Style: Chalet; Craftsman; Traditional
Construction: Frame
Siding: Stone; Other
Basement: Finished; Walkout
Lot Description: Cul-De-Sac; Irregular Lot; Private; Rolling Slope; Wooded
View: Country Setting; Mountain View; Wooded
Fireplace: Gas Log; Stone; Wood Burning
Floors: Carpet; Hardwood; Tile
Fuel: Electric; Propane
Heat: Heat Pump; Zoned
Cooling: Ceiling Fan(s); Central Cooling; Zoned
Appliances: Dishwasher; Disposal; Dryer; Gas Stove; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer
Sewer: Public Sewer
Water: Private
Other Rooms: 2nd Rec Room; Basement Rec Room; Bedroom Main Level; Breakfast Room; Den/Study; Extra Storage; Great Room; Laundry/Utility; Mstr Bdrm Main Level; Split Bedroom
Misc Features: Cathedral Ceiling(s); Internet Available; Kitchen Island; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wet Bar; Whirlpool Tub; Wired for Internet
Exterior Features: Balcony; Deck; Doors – Energy Star; Porch – Covered; Prof Landscaped; Windows – Insulated
Dining Area: Breakfast Room
Community Amenities: Gated Community
Showing: See Agent Instructns
New Financing: Cash; Conventional
Listing Office:
WindRiver Properties
IDX
Office Phone: 865-988-1864
Last Updated: September – 22 – 2022
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