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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Owner options
Explore your selling options
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#: 256661
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
| Date | Event | Price |
|---|---|---|
| 9/3/2025 | Listing removed | $3,850,000$449/sqft |
Source: | ||
| 6/2/2025 | Listed for sale | $3,850,000+23.2%$449/sqft |
Source: | ||
| 2/1/2024 | Sold | $3,125,000-13.2%$365/sqft |
Source: | ||
| 12/26/2023 | Pending sale | $3,599,999$420/sqft |
Source: | ||
| 11/28/2023 | Price change | $3,599,999-5.3%$420/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 2/10Pigeon Forge Primary SchoolGrades: PK-3Distance: 2.3 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 4.3 mi
- 6/10Pigeon Forge High SchoolGrades: 10-12Distance: 4.3 mi