$1,900,000
$1,950,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
520 Otter Run WAY Gatlinburg, TN 37738
5 Beds
6 Baths
4,186 SqFt
Key Details
Sold Price $1,900,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 4,186 sqft
Price per Sqft $453
Subdivision Estates At Norton Creek
MLS Listing ID 1194791
Sold Date 09/16/22
Style Craftsman,Chalet,Traditional
Bedrooms 5
Full Baths 5
Half Baths 1
HOA Fees $166/ann
Originating Board East Tennessee REALTORS® MLS
Year Built 2008
Lot Size 1.390 Acres
Acres 1.39
Property 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 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!
Location
State TN
County Sevier County - 27
Area 1.39
Rooms
Other Rooms Basement Rec Room, LaundryUtility, DenStudy, Bedroom Main Level, Extra Storage, Breakfast Room, Great Room, Mstr Bedroom Main Level, Split Bedroom
Basement Finished, Walkout
Dining Room Breakfast Room
Interior
Interior Features Cathedral Ceiling(s), Island in Kitchen, Walk-In Closet(s), Wet Bar
Heating Heat Pump, Propane, Zoned, Electric
Cooling Central Cooling, Ceiling Fan(s), Zoned
Flooring Carpet, Hardwood, Tile
Fireplaces Number 3
Fireplaces Type Stone, Wood Burning, Gas Log
Fireplace Yes
Appliance Dishwasher, Disposal, Dryer, Gas Stove, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
Heat Source Heat Pump, Propane, Zoned, Electric
Laundry true
Exterior
Exterior Feature Windows - Insulated, Porch - Covered, Prof Landscaped, Deck, Balcony, Doors - Energy Star
Garage None, Detached, Off-Street Parking
Garage Description Detached, Off-Street Parking
View Mountain View, Country Setting, Wooded
Parking Type None, Detached, Off-Street Parking
Garage No
Building
Lot Description Cul-De-Sac, Private, Wooded, Irregular Lot, Rolling Slope
Faces 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.
Sewer Public Sewer
Water Private
Architectural Style Craftsman, Chalet, Traditional
Structure Type Stone,Frame,Other
Others
Restrictions Yes
Tax ID 125 011.57
Security Features Gated Community
Energy Description Electric, Propane
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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