NOT LISTED FOR SALE

Estimated Value: $1,496,000 - $2,336,000

4 Beds
5.5 Baths
5,345 Sq Ft
$383/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $2,100,000 $393 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $12,068/month

3 Days on Market

Highlights

  • Boathouse
  • Boat Ramp
  • Golf Course Community
  • Lake Front
  • Docks
  • Fitness Center

About This Home

As of February 2024

Welcome, or should I say ''Benvenuto'' to this stunning Italian Villa inspired lake front home situated in the highly coveted North end of Tellico Village. No detail has been overlooked in this stunning home. Designed to make daily living easy and entertaining a pleasure, this home has it ALL! Welcome guests through the arched mahogany double front doors, hand them a glass of champagne as they pass by the first of 3 wet bars in the home on their way to toast friends in the chef's kitchen. Roll out your own pasta dough on the giant stone kitchen island with prep sink and disposal, boil the water for pasta on the (new in 2022) gas Thermador 6 burner stove with griddle, craft an espresso with the built-in Miele coffee station, perfect your pastries in the matching Miele double wall ovens, keep baguettes warm in the convenient Miele warming drawer, store gelato in the Sub-Zero side by side fridge/freezer all while keeping clean up easy, rinsing dishes with the view of the lake then popping them in the Miele dishwasher. Relax on the screened porch overlooking the lake or lounge in the great room in front of the stone fireplace, once dinner is ready, the formal dining room comfortably hosts 10 people.
After the guests have gone and the dishes are done, you'll enjoy the luxuries of the primary suite on the main floor. An oversized room with floor to ceiling windows to drink in those glorious lake views, a large walk-in closet, attached bath with heated floors in front of the vanities, soaking tub and shower. Also on the main floor is another bedroom the owners are using as an office just at the end of the hall. Naturally there is also an oversized laundry room, a full bathroom, a separate powder room, walk-in pantry and an massive 25x30 garage.
The walk-out lower level of this Villa is magnificent! Sure there are 2 bedroom suites with their own attached full baths, and yes there is a second laundry room, and of course there is a workshop and oversized climatized separate storage area, and direct access to the lower level patio through the glass French doors, but some features that take this lower level over the top is the custom bar with hand carved wood panels done by German wood carvers from the Black Forrest in Germany, a custom 200+ bottle wine cellar and walk-in humidor. On the opposite end of the recreation room is another bedroom the owners use as a poker den so naturally there is another wet bar in there with GE Monogram beverage fridge. Oh and don't forget the ELEVATOR that services this floor and the main level!
Out back, down the winding concrete path and stone ledge steps, you will find the well-appointed private dock. The decking is composite, the boat lift is a 16,000lb lift and there is a swing out jet ski lift. Living on the lake allows for all exterior irrigation for the Villa to be pulled from the lake.
This is more than a home, this Villa is a lifestyle, located in one of the most sought-after communities in Eastern Tennessee, and it could be yours.

Last Agent to Sell the Property

Michelle Ham

BHHS Lakeside Realty License #344173 Listed on: 10/17/2023

BHHS Lakeside Realty

Last Buyer's Agent

Joyce Frye

Prestigious Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,920

Year Built

  • Built in 2006

Lot Details

  • 0.43 Acre Lot
  • Lake Front
  • Landscaped Professionally
  • Lot Has A Rolling Slope
  • Rain Sensor Irrigation System

HOA Fees

  • $168 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Frame Construction
  • Synthetic Stucco Exterior

Interior Spaces

  • 5,345 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Tray Ceiling
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Stove
  • Stone Fireplace
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Great Room
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Screened Porch
  • Storage Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Boathouse
  • Docks
  • Dock Permitted
  • Balcony
  • Deck
  • Patio

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 042F C 014.00
  • Tax Block 14

Community Details

Overview

  • Association fees include some amenities
  • Coyatee Coves Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,920

Year Built

Built in 2006

Lot Details

0

HOA Fees

$168 per month

Parking

2

Listing Details

  • Directions: From Tellico Parkway (444) Turn onto Coyatee Drive 4th Left turn onto Shawnee Point 2nd Cul-de-sac on Right is Shawnee View Sign on Property
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2006
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.43
  • Subdivision Name: Coyatee Coves
  • Architectural Style: Other
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lakefront2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 3098.0
  • General Property Description:SqFt - Down Lvl: 2247.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Percent Basement Finished: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Lot Description:Golf Community: Yes
  • Dining Area:Breakfast Bar: Yes
  • Misc Features:Trey Ceiling: Yes
  • Cooling:Zoned2: Yes
  • Heat:Zoned: Yes
  • Misc Features:Handicap Accessible: Yes
  • Siding:Stucco2: Yes
  • Misc Features:Wet Bar: Yes
  • Floors:Radiant Floors: Yes
  • Misc Features:Elevator2: Yes
  • Siding:Synthetic Stucco: Yes
  • Outbuildings:Boat - House: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Gas Stove, Handicapped Equipped, Humidifier, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Tankless Wtr Htr, Trash Compactor
  • Has Basement: Finished, Partially Finished, Walkout
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Other, Stone, Wood Burning Stove
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Radiant Floors
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Family Room: Yes
  • Appliances:Gas Stove: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Workshop: Yes
  • Appliances:Tankless Wtr Htr: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Breakfast Room: Yes
  • Fireplace:Stone2: Yes
  • Appliances:Central Vacuum: Yes
  • Fireplace:Wood Burning Stove: Yes
  • Fireplace:Gas5: Yes
  • Appliances:Trash Compactor: Yes
  • Appliances:Handicapped Equipped: Yes
  • Other Rooms:Office: Yes
  • Appliances:Humidifier: Yes

Exterior Features

  • Exterior Features: Irrigation System, Window - Energy Star, Patio, Porch - Screened, Prof Landscaped, Deck, Balcony, Doors - Energy Star, Dock
  • View: Other
  • Lot Features: Waterfront Access, Lakefront, Current Dock Permit on File, Golf Community, Rolling Slope
  • Construction Type: Stucco, Synthetic Stucco, Frame
  • Other Structures: Boat - House
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Screened: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Doors - Energy Star: Yes
  • Exterior Features:Window - Energy Star: Yes
  • Construction:Other7: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features:Irrigation System: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Attached, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Propane, Zoned, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Elevator(s), Storage, Golf Course, Playground, Recreation Facilities, Sauna, Security, Pool, Tennis Court(s)
  • Association Fee: 167.85
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Community Amenities:Exercise Room: Yes
  • Community Amenities:Extra Storage4: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Rec Facilities: Yes
  • Community Amenities:Security2: Yes
  • Community Amenities:Tennis Courts: Yes
  • Community Amenities:Playground: Yes
  • Community Amenities:Sauna: Yes
  • Association Fee Incl:Some Amenities: Yes
  • Community Amenities:Elevator: Yes

Fee Information

  • Association Fee Includes: Some Amenities

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Parcel #: 042F C 014.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Feb 15, 2024
Sold by
Sims Romano J and Sims Linda C
Bought by
Alan And Susan Salvi Family Trust and Salvi
Seller's Agent
Michelle Ham
BHHS Lakeside Realty
Buyer's Agent
Joyce Frye
Prestigious Properties
List Price
$2,100,000
Sold Price
$2,100,000
Total Days on Market
3
Views
29
Current Estimated Value
$2,046,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,143
Avg. Annual Appreciation
-1.95%

Purchase Details

Closed on
Jul 21, 2003
Bought by
Sims Romano J and Sims Linda

Purchase Details

Closed on
Apr 8, 2002
Sold by
Laverne Newman
Bought by
Craig Richert

Purchase Details

Closed on
Nov 2, 2000
Sold by
Basciani James M
Bought by
Laverne Newman

Purchase Details

Closed on
Nov 9, 1994
Sold by
Cooper Communities
Bought by
James Basciani

Purchase Details

Closed on
Oct 31, 1994
Bought by
Basciani James M and Basciani Denise L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alan And Susan Salvi Family Trust $2,100,000 Tellico Title Services
Sims Romano J $226,500 --
Craig Richert $170,000 --
Laverne Newman $135,000 --
James Basciani $118 --
Basciani James M $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sims Romano J $845,000
Previous Owner Sims Romano J $845,000
Previous Owner Sims Linda C $900,000
Previous Owner Sims Romano J $161,250
Previous Owner Sims Romano J $805,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $2,100,000 0.0% $393 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $2,100,000 -- $393 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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
2023 $4,920 $324,025 $0 $0
2022 $4,920 $324,025 $90,000 $234,025
2021 $4,920 $324,025 $90,000 $234,025
2020 $5,061 $324,025 $90,000 $234,025
2019 $5,061 $280,600 $87,500 $193,100
2018 $5,061 $280,600 $87,500 $193,100
2017 $5,061 $280,600 $87,500 $193,100
2016 $5,148 $276,975 $87,500 $189,475
2015 $5,148 $276,975 $87,500 $189,475
2014 $5,148 $276,975 $87,500 $189,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1243111

East Tennessee REALTORS® MLS

APN: 042F-C-014.00