520 Otter Run Way, Gatlinburg, TN 37738

$1,950,000
5
BD
6
BA
4,186
SqFt
List Price
$1,950,000
Price Change
▼ $200,000 1658773102
Status
ACTIVE
MLS#
250083
Bedrooms
5
Full-baths
5
Half-baths
1
Sq. Ft
4,186
Acres
1.39
Year Built
2008
Subdivision
Estates At Norton Creek

Property Description

PRIVATE MOUNTAIN ESTATE! UPDATE: July 2022 Gross Overnight Rental Revue $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, and is perched on a shelf overlooking the sweeping watershed of Norton Creek with 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 an spacious his and her 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 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!

Additional Information

Price Per Sqft
$465
Days on Market
66
Annual Tax
3993.42
Tax Year
2019
Hoa Fee
$2,000
Hoa Freq
Annually
Style
Chalet, Ranch, Craftsman
Stories
Two
Interior Features
Furniture, Recreation Room, Walk-In Closet(s), Wood Floors, Cathedral Ceiling(s), Large Master Bedroom, W/D Connection, Ceiling Fan(s), Great Room, Wet Bar, Solid Surface Countertops, Whirlpool
Exterior Features
Gutters, Surfaced Drive, Wooded
Amenities
Mountain View
Appliances
Dryer, Washer, Microwave, Disposal, Self Cleaning Oven, Dishwasher, Gas Cooktop, Range Hood, Smoke Detector, Double Oven, Refrigerator
Foundation
Basement
Basement
Walk-Out Access, Finished, Full
Construction
Masonite, Frame, Stone
Construction Type
Site Built
Roof
Composition
Attic
Access Only
Garage Type
Other
Fireplace Type
3 or More, Gas Log, Wood Burning
Heating
Central, Heat Pump, Zoned
Cooling
Central Air, Zoned, Heat Pump
Sewer
Public Sewer
Water
Well

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Listing courtesy of Wind River Properties, LLC.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2022 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .