Address
1311 Grace Way # PO2 Sevierville, TN
Price
$ 2,567,000
Property Attributes
  • MLS#242076
  • TypeSingle Family
  • CountySEVIER
  • CitySevierville
  • AreaSevierville
  • NeighborhoodMyers Property
  • Zip37876
  • StyleCabin
  • Year Built1996
  • Taxes$ 389
  • Price$ 2,567,000
  • Bedrooms11
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage6324
  • Lot Size6.24 Acres
Listing Provided Courtesy Of:
eXp Realty, LLC Sevierville
Data Source:
Great Smoky Mountains MLS (GSMMLS) - 337 - TN
Property Description

Cabin Community for sale just off Pullen Road! 5 cabins, 1 traditional home. Live in the primary, rent out the rest and build more! Based on the location, size, style, and design, there is no reason $35K per year per unit would be unreasonable. Plus, a 3/2 primary w garage and storage. Plus additional property to build at least 2 more cabins for overnight rental. That should generate $245,000 per year plus the house to live in! SWEET!! The property has approximately 6.2acres+/- with underground power, well, and septic. There are several outbuildings and storage areas to also convey. FYI: Only one septic permit has been found so far.1311 Grace Way and 1311 Ina Grace Way have been both used as the addresses for both tracts and all the homes and cabins on this property. We are conferring with 911 addressing to decipher the correct address' to help eliminate the confusion and possibly find more septic permits and match up the one we have. The units have been long-term rentals since purchased by the current owner in 2013. There is not any rental history.

Price History
4/26/2021 Listed $2,567,000

General Features

Access Private Drive, County Road, Private Road, Paved
Allow Comments 1
Appliances Refrigerator, Dishwasher
Area Sevierville
Basement None
City Sevierville
Construction Vinyl Siding, Log, Stucco
Cooling Central Electric
County Sevier
Directions From Veterans: Take Jayell Rd; turn L on Pullen Rd; to L on Ina Grace; to R on Grace Way.
District 4
For Sale/rent Sale
Heating Central
Listing Office 769
Occupancy Either
Property Status Active
Property Type Single Family
Restrictive Covenants Yes
Roof Composition
Sewer Septic Permit Not Found, Septic System
Street Name Grace Way
Style Cabin
Subdivision/complex Name Myers Property
Tax Year 2019
Virtual Tour tour.usamls.net/1311-Grace-Way-Sevierville-TN-37876/unbranded
Water Well
Year Built 1996
Zoning R-1

Interior Features

Bedroom 2 Comments 1 1/2 story
Bedroom 3 Comments 1 1/2 story
Bedroom 4 Comments 1 1/2 story
Dining Room Size House 1248
Fireplace Pre-Fabricated, 3 or More, Woodburning, Insert
Full Baths 7
Interior Features Walk-In Closet, Wood Floors, Cathedral Ceiling, W/D Connection, Ceiling Fan(s), Great Room, Loft
Kitchen Comments 1 1/2 story
Kitchen Size Cabin 5- 1170
Master Bedroom Comments 1 1/2 story
Master Bedroom Size cabin 1-1170
Number of Bedrooms 11
SqFt Above Grade 6324
Stories One and One Half
Total Finished Sqft 6324

Exterior Features

Photo Count 42
Construction Type Site Built
Exterior Features Deck, Level Lot, Double Pane Windows, Surfaced Drive, Wooded, Gutters, Private Yard
Foundation Crawl Space
Garage Capacity 2.00
Garage Type Attached Garage
Lot/block/unit PO2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37876

Price
AVG $790K
$2.57M
Taxes
AVG $987
$389
Visits
AVG 22
36
Year Built
AVG 2005
1996

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