Seller's Agent in 2023
Jeff Stewart
Unique: A Real Estate Collective
(828) 338-9038
6 in this area
308 Total Sales
Estimated Value: $499,000 - $5,547,000
20
Beds
21
Baths
2,722
Sq Ft
$1,111/Sq Ft
Est. Value
Highlights
- Boathouse
- Covered Dock
- Community Cabanas
- Riverbend Elementary Rated A-
- Equestrian Center
- Sauna
About This Home
As of June 2023Infinite views & vast acreage abound on this 195 +/- acre estate with 1.5 miles of Pigeon River frontage. Property boasts a full residence and 16 additional buildings including 9 American log cabins, a chapel, riverside venue, meeting hall, tennis/basketball courts, gazebos, equestrian stables and barns. Currently operating as the owner's vacation home with intermittent short-term rental bookings with 5 star reviews. Property configured for adaptive re-use to retreat center (corporate or health/wellness), rehabilitation use, mountain lodge or event venue. The estate’s layout is designed to capture the property’s natural beauty, making it the ideal sportsman's paradise with picturesque hiking, fishing and recreation. Located between Asheville and Waynesville and in close proximity to Great Smoky Mountains National Park, Knoxville and Pigeon Forge, TN. This turn-key estate truly captures the beauty of the Smokies and is ready for a new owner to bring the site to its fullest potential.
Last Agent to Sell the Property
Unique: A Real Estate Collective License #264194 Listed on: 01/03/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 2012
Lot Details
- 194.58 Acre Lot
- Waterfront
- Fenced
- Private Lot
- Paved or Partially Paved Lot
- Steep Slope
- Cleared Lot
- Wooded Lot
Parking
- 3 Car Garage
- Basement Garage
- Garage Door Opener
- Driveway
- 4 Open Parking Spaces
Property Views
- Water
- Mountain
Home Design
- Post and Beam
- Rustic Architecture
- Cabin
- Metal Roof
- Wood Siding
- Log Siding
Interior Spaces
- 2-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Stove
- Family Room with Fireplace
- Great Room with Fireplace
- Storage
- Sauna
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 20 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Interior and Exterior Basement Entry
- Crawl Space
Outdoor Features
- Spa
- Access to stream, creek or river
- Boathouse
- Covered Dock
- Fire Pit
- Gazebo
- Shed
Schools
- Riverbend Elementary School
- Waynesville Middle School
- Tuscola High School
Farming
- Feed Barn
- Machine Shed
- Pasture
Horse Facilities and Amenities
- Equestrian Center
- Stables
- Riding Trail
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 8710-47-0735
Community Details
Recreation
- Tennis Courts
- Indoor Game Court
- Recreation Facilities
- Community Playground
- Community Cabanas
- Community Spa
- Trails
Additional Features
- No Home Owners Association
- Clubhouse
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2023
Closed on
Jun 12, 2023
Sold by
Western Australian Holdings Llc
Bought by
Ssi Properties Inc
Seller's Agent
Jeff Stewart
Unique: A Real Estate Collective
Buyer's Agent
Mark Fields
MARK FIELDS REAL ESTATE
List Price
$5,950,000
Sold Price
$5,940,000
Premium/Discount to List
-$10,000
-0.17%
Views
122
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,917,000
Avg. Annual Appreciation
-24.80%
Original Mortgage
$4,938,466
Interest Rate
6.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2016
Sold by
Majors Timothy F and Majors Sapna R
Bought by
Western Australian Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.54%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 25, 2014
Sold by
Majors Timothy F
Bought by
Western Australian Holdings Llc
Purchase Details
Closed on
Jun 18, 2012
Sold by
Morales Hugo G
Bought by
Majors Timothy F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 14, 2012
Sold by
Hunters Trace Resorts Inc
Bought by
Morales Hugo G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ssi Properties Inc | $4,940,000 | None Listed On Document | |
| Ssi Properties Inc | $4,940,000 | None Listed On Document | |
| Western Australian Holdings Llc | -- | Attorney | |
| Western Australian Holdings Llc | -- | None Available | |
| Majors Timothy F | $675,000 | None Available | |
| Morales Hugo G | $500,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Ssi Properties Inc | $4,938,466 | |
| Previous Owner | Western Australian Holdings Llc | $3,000,000 | |
| Previous Owner | Majors Timothy F | $438,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2023 06/12/23 | Sold | $5,940,000 | -0.2% | $2,182 / Sq Ft |
| 01/03/2023 01/03/23 | For Sale | $5,950,000 | -- | $2,186 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $3,556,600 | $998,000 | $2,558,600 |
| 2024 | $23,819 | $3,556,600 | $998,000 | $2,558,600 |
| 2023 | $23,819 | $3,556,600 | $998,000 | $2,558,600 |
| 2022 | $23,285 | $3,556,600 | $998,000 | $2,558,600 |
| 2021 | $23,285 | $3,556,600 | $998,000 | $2,558,600 |
| 2020 | $21,013 | $2,942,900 | $998,000 | $1,944,900 |
| 2019 | $20,915 | $2,920,400 | $998,000 | $1,922,400 |
| 2018 | $18,079 | $2,540,400 | $890,500 | $1,649,900 |
| 2017 | $18,079 | $2,540,400 | $0 | $0 |
| 2016 | $14,938 | $2,202,200 | $0 | $0 |
| 2015 | $12,608 | $1,864,300 | $0 | $0 |
| 2014 | $10,407 | $1,655,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Stewart
-
Dave Cash
Seller Co-Listing Agent in 2023
Dave Cash
Unique: A Real Estate Collective
(828) 214-5033
3 in this area
211 Total Sales
-
Mark Fields
Buyer's Agent in 2023
Mark Fields
MARK FIELDS REAL ESTATE
(828) 777-0452
3 in this area
30 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3931237
APN: 8710-47-0735
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