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Sold for $3,125,000 on 02/01/24
  • $3,125,000

    2940 Tower Rd, Sevierville, TN 37876

    13beds
    8,568sqft
    Single Family Residence, Residential
    Built in 1970
    5.08 Acres Lot
    $3,455,200 Zestimate®
    $365/sqft
    $3,446 Estimated rent

    Home value

    $3,455,200

    $3.28M - $3.63M

    $3,446/mo

    Zestimate® history
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    $3,446/mo

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    $17,047/mo

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    $17,047/mo

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    What's special

    All NEW septic tanks and lines just installed. Management company will guarantee a minimum of 375K in gross rental income in the first 12 months under new ownership!! Perfect for family reunions, wedding parties, corporate retreats, etc. This is truly a once in a lifetime opportunity to own one of the most unique luxury properties in all of Tennessee. This exquisite gated mountain estate has unparalleled mountain views and is situated on 5 private park-like acres featuring a 5 bedroom main house, personal arcade room/buliding, private movie theater, a 2 bedroom bungalow cabin, a 5 bedroom cottage, a quaint 1 bedroom cabin, and a covered pavilion with heated pool overlooking the Smoky Mountains! The options are limitless at this spectacular retreat! Boasting almost 9,000 finished square feet with 13 beds and 8.5 baths there is plenty of room for everyone! This property has been tastefully updated and decorated and is turn-key ready for its next owner! Sit back and relax while taking in the best views East Tennessee has to offer. There are truly too many features to describe, this is an absolute MUST SEE!! Call today to schedule your private showing and request a pro forma. Don't forget to check out the VIRTUAL TOUR and Floorplans!!

    Zillow last checked: 8 hours ago

    Listing updated: September 01, 2024 at 11:47pm

    Listed by:

    Melinda Hyder 865-386-4053,

    The Real Estate Firm Inc. Sevier

    Bought with:

    NON MEMBER, 105

    NON MEMBER FIRM

    Source: GSMAR, GSMMLS,MLS#: 256661MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 9
    • Full bathrooms: 8
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Great Room, Soaking Tub, Solid Surface Counters
    • Flooring: Wood
    • Windows: Window Treatments
    • Basement: Finished,Full,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Electric, Gas Log
    • Furnished: Yes
    Interior area
    • Total structure area: 8,568
    • Total interior livable area: 8,568 sqft
    • Finished area above ground: 5,538
    • Finished area below ground: 3,030

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck
    • Exterior features: Rain Gutters
    • Has private pool: Yes
    • Pool features: Private
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 5.08 Acres
    • Features: Private
    Details
    • Parcel number: 081J B 007.00, 081J B 011.00
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Log
    • Property subtype: Single Family Residence, Residential
    Materials
    • Masonry, Stone
    • Foundation: Slab
    • Roof: Composition,Metal
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: Septic Permit Not Found
    • Water: Well

    Community & neighborhood

    Location
    • Region: Sevierville
    • Subdivision: Bluff Mtn Acres

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/3/2025Listing removed$3,850,000$449/sqft
    Source: East Tennessee Realtors #1303097 Report a problem
    6/2/2025Listed for sale$3,850,000+23.2%$449/sqft
    Source: East Tennessee Realtors #1303097 Report a problem
    2/1/2024Sold$3,125,000-13.2%$365/sqft
    Source: GSMAR, GSMMLS #256661 Report a problem
    12/26/2023Pending sale$3,599,999$420/sqft
    Source: GSMAR, GSMMLS #256661 Report a problem
    11/28/2023Price change$3,599,999-5.3%$420/sqft
    Source: GSMAR, GSMMLS #256661 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,742 +74.7%$455,560 +74.7%
    2023$3,860 $260,825
    2022$3,860 $260,825 +131%

    Find assessor info on the county website

    Neighborhood: 37876

    Nearby schools

    GreatSchools rating