$995,000
$55K PRICE DROP

5042 Settlers View Ln Sevierville, TN 37862

Estimated payment $5,744/month

Total Views 2,349
3 Beds
3.5 Baths
3,266 Sq Ft
$305 Price per Sq Ft

Highlights

  • Spa
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Private Lot
  • Bonus Room

About This Home

Don't miss out on this incredible investment opportunity with a stunning, light-filled cabin in Wears Valley! Built in 2018, the cabin features a fully finished basement, completed in May 2024. Located in the desirable ''Homestead of Wears Valley,'' just minutes from Pigeon Forge and the Great Smoky Mountains National Park, this one-of-a-kind custom home is perfect as a residence, vacation retreat, or short-term rental. The home offers seasonal mountain views and a 450-ft gravel driveway leading to this stunning cabin. Inside, the 8-foot vaulted tongue-and-groove wood ceilings create an open, airy feel, with a wall of windows that frame the Smoky Mountain vistas. The living room features beautiful wood floors and a stone gas fireplace, adding warmth and charm. The kitchen has granite countertops, stainless steel appliances, and custom soft-close cabinetry. The split-bedroom layout provides two large bedrooms, each with its ensuite bath. Upstairs, a cozy loft area is perfect for reading, playing games, or accommodating extra guests. Additional features include a covered wraparound deck and porch, offering the perfect spot to unwind and soak in the tranquil surroundings. The lower level boasts impressive 16-foot ceilings, a spacious primary bedroom, a full bathroom, and all-new features, including a brand new AC, windows, and water-proof flooring.

Listing Agent

Susanne Flynn

Flynn Realty License #238792 Listed on: 11/29/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 2018

Lot Details

  • 0.82 Acre Lot
  • Private Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Cabin

Interior Spaces

  • 3,266 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Bonus Room
  • Storage
  • Washer
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Side or Rear Entrance to Parking
  • On-Street Parking

Outdoor Features

  • Spa
  • Balcony
  • Deck

Schools

  • Wearwood Elementary School
  • Pigeon Forge Middle School
  • Pigeon Forge High School

Utilities

  • Cooling Available
  • Zoned Heating System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • Homestead In Wears Valley Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 112 045.07

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,559

Year Built

Built in 2018

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Directions: Directions: From Pigeon Forge Light #3, turn on Wears Valley Rd (321). Go 10 miles, and turn right on Happy Hollow Rd. In .4 miles, go right at the fork which is S Clear Fork Rd. In .8 miles, turn left onto Chamberlain Lane. In .6 miles, turn left to stay on Chamberlain. In about 1 miles, turn right onto Settlers View Lane.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 2018
  • Lot Size Acres: 0.82
  • Subdivision Name: Homestead In Wears Valley
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1537.0
  • General Property Description:SqFt - Down Lvl: 1480.0
  • General Property Description:SqFt - 2nd Flr Lvl: 249.0
  • General Property Description:_pound_ Fireplace: 1.0
  • 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:Ceiling Fan(s): Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Floors:Laminate: Yes
  • Washers: Yes
  • Lot Description:Private: Yes
  • Percent Basement Finished: Yes
  • Misc Features:Hot Tub: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
  • Basement YN: Yes
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Hardwood
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:Gas5: Yes

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: Private
  • Construction Type: Other
  • Patio And Porch Features: Deck
  • Exterior Features:Deck: Yes
  • Construction:Other7: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On-Street Parking, Other
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Other17: Yes
  • GarageParking:On-Street Parking: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Wearwood
  • High School: Pigeon Forge
  • Middle Or Junior School: Pigeon Forge

Lot Info

  • Lot Size Sq Ft: 35719.2
  • Parcel #: 112 045.07
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2558.62

Map

Range of Values:

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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 $1,599 $172,880 $24,000 $148,880
2023 $1,599 $172,880 $0 $0
2022 $1,599 $108,050 $15,000 $93,050
2021 $1,599 $108,050 $15,000 $93,050
2020 $1,413 $108,050 $15,000 $93,050
2019 $1,413 $75,950 $15,000 $60,950
2018 $279 $75,950 $15,000 $60,950
2017 $279 $15,000 $15,000 $0
2016 $279 $15,000 $15,000 $0
2015 -- $18,750 $0 $0
2014 $306 $18,750 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Price Changed $995,000 -5.2% $305 / Sq Ft
11/29/2024 11/29/24 For Sale $1,050,000 +61.5% $321 / Sq Ft
09/15/2023 09/15/23 Sold $650,000 -34.3% $364 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $989,000 -- $554 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 Smoky Mountain Title
Special Warranty Deed $22,500 --
Deed $50,000 --
Warranty Deed $648,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $487,500 New Conventional
Previous Owner $71,900 New Conventional
Previous Owner $180,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: East Tennessee REALTORS® MLS

MLS Number: 1283782

East Tennessee REALTORS® MLS

APN: 112-045.07