$525,000
$325K PRICE DROP

3892 Cosby Hwy Cosby, TN 37722

Estimated payment $3,014/month

Total Views 9,111
1 Bed
1.5 Baths
2,076 Sq Ft
$253 Price per Sq Ft

Highlights

  • Accessory Dwelling Unit (ADU)
  • Mountain View
  • Wood Flooring
  • Horse Property
  • Traditional Architecture
  • No HOA

About This Home

Nestled in the heart of the Smoky Mountains, this one-of-a-kind property offers endless possibilities! Situated on nearly .79 acre, this unique business features two separate structures, each exuding charm and history with the business having authentic barnwood and hardwood accents dating back to the 1700s, 1800s, and 1900s. The first structure is currently home to a successful quilt shop, a thriving business that can be continued or reimagined to fit your vision. The second structure presents a variety of options—it can serve as extra sleeping quarters, a mother-in-law suite, or a spacious entertainment area. This prime location on Cosby Highway provides easy access to Smoky Mountain National Park, Gatlinburg, Pigeon Forge, Sevierville, and Newport, making it an ideal retreat or business opportunity. Whether you're looking for a historic homestead, a unique investment property, or a business opportunity, this Smoky Mountain gem is ready for you! Quilting inventory is negotiable. 📍 Don't miss out on this rare opportunity—schedule your private showing today!

Listing Agent

Karah Chancey

Century 21 Legacy GP License #360549 Listed on: 02/20/2025

Century 21 Legacy GP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1989

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 114x282
  • Property fronts a county road
  • Level Lot
  • Back Yard Fenced and Front Yard

Home Design

  • Traditional Architecture
  • Log Cabin
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,076 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Metal Fireplace
  • Mountain Views

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • In-Law or Guest Suite

Outdoor Features

  • Horse Property
  • Covered patio or porch
  • Separate Outdoor Workshop

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • 900 SF Accessory Dwelling Unit

Schools

  • Smoky Mtn K-8 Elementary School
  • Cosby Middle School
  • Cosby High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 041.04/041.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,269

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Year Built: 1989
  • Fencing: Back Yard
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 0.79
  • Lot Size: 114x282
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Take I-40 East toward Asheville. Take exit 435 US 321/TN-32/Newport/Gatlinburg. Go for 0.3 mi. Turn right onto Cosby Hwy (US-321 S). Turn right onto Wilton Springs Rd (US-321) toward TN-32 S. Go for 0.1 mi. Turn left onto Cosby Hwy (US-321). Go for 4.6 mi. The property will be on the left. Currently the Foothills of the Smoky's Quilt Shop.
  • Above Grade Finished Sq Ft: 2076.0
  • Architectural Style: Log, Traditional
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Cabin
  • Location Tax and Legal:Tax Annual Amount: 1268.74
  • Location Tax and Legal:Tax Year2: 2024
  • Location Tax and Legal:Parcel Number2: 041.04/041.03
  • General Property Information:Lot Size Dimensions: 114x282
  • General Property Information:Waterfront YN: No
  • Water Source:Public: Yes
  • Location Tax and Legal:Elementary School: Smoky Mtn K-8
  • Location Tax and Legal:Middle Or Junior School2: Cosby (K-12)
  • Location Tax and Legal:High School: Cosby (K-12)
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 2076.0
  • General Property Information:Above Grade Finished Area: 2076.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • Additional Dwelling:Additional Dwelling YN: Yes
  • Foundation Details:Block3: Yes
  • General Property Information:Basement YN: No
  • Flooring:Hardwood: Yes
  • Levels:Two: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Road Frontage Type:County Road: Yes
  • Cooling:Window Unit(s): Yes
  • Architectural Style:Log: Yes
  • Utilities:Satellite Internet: Yes
  • General Property Information:Pool Private YN: No
  • Other Structures:Workshop: Yes
  • Architectural Style:Traditional: Yes
  • Additional Dwelling:Additional Dwelling SqFt: 900.0
  • Flooring:Luxury Vinyl: Yes
  • Other Structures:Guest House: Yes
  • General Property Information:View YN2: Yes
  • General Property Information:Stories Total: 2
  • General Property Information:Horse YN2: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Location Tax and Legal:Additional Parcels YN: No
  • Property Condition:Year Built Effective: 1989
  • Fencing:Back Yard: Yes
  • Roof:Metal: Yes
  • General Property Information Acres: 0.79
  • Special Features: None
  • Stories: 2
  • Year Renovated: 1989

Interior Features

  • Flooring: Hardwood, Luxury Vinyl
  • Appliances: Electric Water Heater
  • Levels: Two
  • Interior Amenities: Beamed Ceilings, In-Law Floorplan
  • Private Spa: No
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Metal, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2076.0
  • Main Level Bathrooms: 1
  • Stories: 2
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Electric Water Heater: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Beamed Ceilings: Yes

Exterior Features

  • Lot Features: Back Yard, Front Yard, Level, Views
  • Pool Features: None
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Log
  • Foundation Details: Block
  • Other Structures: Guest House, Workshop
  • Patio And Porch Features: Covered, Front Porch, Porch, Rear Porch
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Log2: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Views: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Garage Yn: No
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric, Window Unit(s)
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Connected, Water Connected, Satellite Internet
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Smoky Mtn K-8
  • High School: Cosby (K-12)
  • Middle Or Junior School: Cosby (K-12)

Lot Info

  • Lot Size Sq Ft: 34412.4
  • Additional Parcels: No
  • Parcel #: 041.04/041.03
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1268.74
  • Tax Map Number: 041.03/041.04
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





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
2024 $1,269 $49,560 $8,640 $40,920
2023 $1,269 $49,560 $8,640 $40,920
2022 $1,271 $49,560 $8,640 $40,920
2021 $1,271 $49,560 $8,640 $40,920
2020 $1,271 $49,560 $8,640 $40,920
2019 $1,474 $52,080 $6,840 $45,240
2018 $1,474 $52,080 $6,840 $45,240
2017 $1,815 $62,600 $7,440 $55,160
2016 $1,620 $62,600 $7,440 $55,160
2015 $1,753 $62,600 $7,440 $55,160
2014 $1,753 $62,600 $7,440 $55,160
2013 $1,753 $73,040 $10,160 $62,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Price Changed $525,000 -38.2% $253 / Sq Ft
02/20/2025 02/20/25 For Sale $850,000 -- $409 / Sq Ft
Source: Lakeway Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $385,000 None Available
Deed $112,000 --
Warranty Deed $120,000 --
Warranty Deed $6,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $285,000 Purchase Money Mortgage
Source: Public Records

Similar Homes in Cosby, TN

  • 2560 Schisandra Ln, Cosby, TN 37722

    $525,000

    • 3 Beds
    • 2 Baths
    • 3,203 Sq Ft
    • 2560 Schisandra Ln
    • Cosby, TN

    Experience Mountain Living with Modern Comfort at 2560 Schisandra Lane. Welcome to Misty Acres, where scenic beauty meets spacious, modern living. This impressive 3,203 sq ft home, built in 2016, is nestled on 1.72 private acres and delivers stunning, unobstructed mountain views that make every day feel like a retreat. Located in the heart of Cosby, you're just far enough away to enjoy the peace

    Scottie Hooper Keller Williams Properties

    Section Image
  • 3099 Mica Way, Cosby, TN 37722

    $500,000

    • 1 Bed
    • 2 Baths
    • 1,156 Sq Ft
    • 3099 Mica Way
    • Cosby, TN

    This breathtaking 50.54-acre property in Cosby, Tennessee, offers a rare opportunity to own a private retreat surrounded by the beauty of the Smoky Mountains. Featuring a large, picturesque pond and multiple landscapes, this estate includes several structures with endless possibilities. In addition to the primary home, there are two additional dwellings that were previously used as short-term

    Scottie Hooper WEICHERT, REALTORS - TIGER REAL ESTATE

    Section Image
  • 3837 Trail Hollow Rd, Cosby, TN 37722

    $499,000

    • 3 Beds
    • 3.5 Baths
    • 2,100 Sq Ft
    • 3837 Trail Hollow Rd
    • Cosby, TN

    Seller offering up to $15,000 in buyer closing cost or temporary rate by down. Virtual tour link . Charming Custom-Built Cabin Retreat in Cosby TN. Welcome to your dream getaway at 3837 Trail Hollow Rd, Cosby, TN 37722! Nestled on a serene 3.7 acre lot with a creek running through the property, this stunning custom-built cabin offers the perfect blend of rustic charm and modern comfort. New 3

    Mark Long Tennessee Life Real Estate Professionals

    Section Image
  • 3892 Cosby Hwy, Cosby, TN 37722

    $525,000

    • 1 Bed
    • 1.5 Baths
    • 2,076 Sq Ft
    • 3892 Cosby Hwy
    • Cosby, TN

    Nestled in the heart of the Smoky Mountains, this one-of-a-kind property offers endless possibilities! Situated on nearly .79 acre, this unique business features two separate structures, each exuding charm and history with the business having authentic barnwood and hardwood accents dating back to the 1700s, 1800s, and 1900s. The first structure is currently home to a successful quilt shop, a

    Karah Chancey Century 21 Legacy

    Section Image
  • 115 Jenny Way, Cosby, TN 37821

    $399,900

    • 3 Beds
    • 4.5 Baths
    • 1,934 Sq Ft
    • 115 Jenny Way
    • Cosby, TN

    3 BEDROOM, 4 1/2 BATH, 2000sqft Cabin. With each bedroom having its own private full bathroom. On a total of 4.99 very private, wooded acres that connects to the Smokey Mountain National Park bounty line. You will enjoy the outdoor lounge spaces. The top floor has its own deck facing the back, large side deck that has a 7-person hot tub on it. And of course, the front covered porch. The

    Donna Fabrikant Country Living Realty

    Section Image
  • 3871 Holders Grove Rd, Cosby, TN 37722

    $449,900

    • 2 Beds
    • 2 Baths
    • 1,246 Sq Ft
    • 3871 Holders Grove Rd
    • Cosby, TN

    Magnificent view of the mountains from this home. Welcome to Cosby. This home is located +/- 20 miles from Gatlinburg. As you enter the front door you stand in awe of the beauty of this cozy home. Wood burning fireplace in the living room and a cozy hot tub on the back porch. There is a King size bed in the downstairs with a full bath and upstairs there is another king bed with a full

    Elizabeth Kickliter Envision Realty Group

    Section Image
  • 3863 Holders Grove Rd, Cosby, TN 37722

    $449,850

    • 2 Beds
    • 2 Baths
    • 1,144 Sq Ft
    • 3863 Holders Grove Rd
    • Cosby, TN

    Nestled in the heart of the Smoky Mountains, this charming 2-bedroom, 2-bathroom cabin offers the perfect blend of rustic charm and modern comfort. Surrounded by towering trees and breathtaking mountain views, the cabin provides a serene escape while being just a short drive from hiking trails, waterfalls, and local attractions. The open-concept living area features cozy furnishings, a fireplace,

    Tony Thomas WEICHERT, REALTORS - TIGER REAL ESTATE

    Section Image
  • 5397 Cocke County Line Rd, Cosby, TN 37722

    $599,000

    • 3 Beds
    • 3 Baths
    • 1,960 Sq Ft
    • 5397 Cocke County Line Rd
    • Cosby, TN

    Escape to Serenity: Modern 3-Bedroom Cabin with Breathtaking Mountain Views near Gatlinburg/Pigeon Forge!Discover an exceptional short-term rental opportunity in the tranquil foothills of Cosby, TN. This meticulously designed 3-bedroom, 3-bathroom property was built for efficiency and effortless maintenance, making it a dream for investors. Nestled on an acre of flat land, you'll be captivated by

    mark meade Live in the Smokys

    Section Image
  • 3587 Mountain Creek Way, Cosby, TN 37722

    $499,999

    • 2 Beds
    • 2 Baths
    • 1,848 Sq Ft
    • 3587 Mountain Creek Way
    • Cosby, TN

    We guarantee the sale of your home or we will buy it! This property comes with $22,000+ in savings, guaranteed! We offer a stress free move that can happen immediately. If you are not completely satisfied with your investment at 24 months, we'll buy it back or sell it absolutely free-no questions asked. That's a $16,000+ value to our VIP buyers! We can even buy your current home so you can move

    Tannor Giles Your Home Sold Guaranteed Realty TN

    Section Image

Source: Lakeway Area Association of REALTORS®

MLS Number: 706535

Lakeway Area Association of REALTORS®

APN: 111-041.04