749 Margit Worsham Way Gatlinburg, TN 37738
Estimated payment $13,622/month
Total Views
2,930
4
Beds
5.5
Baths
7,520
Sq Ft
$308
Price per Sq Ft
Highlights
- Spa
- Gated Community
- Craftsman Architecture
- Gatlinburg Pittman High School Rated A-
- 1.27 Acre Lot
- Mountain View
About This Home
Experience the ultimate blend of refined luxury and rustic mountain living in this premier Smoky Mountains estate. This remarkable 4 bd/ 5.5 bth currently rented as a 5 bd rental — is thoughtfully crafted with an open-concept design and elevated architectural details throughout. From solid hardwood floors and cathedral ceilings with skylights to the striking floor-to-ceiling river rock feature wall, every element complements the panoramic forest views beyond the expansive windows.The interior layout includes two bedrooms on the main level and two on the lower level, offering both privacy and convenience. The dramatic great room is the showpiece of the home, with 40-foot vaulted ceilings, a grand iron spiral staircase, floor-to-ceiling windows, and a handcrafted Tulikivi soapstone wood-burning fireplace that radiates warmth and character. The adjacent chef's kitchen features top-of-the-line Viking appliances, granite countertops, a gas range, double ovens, and a bar that seats eight — ideal for gatherings and entertaining.Entertainment amenities include a full wet bar, a 70'' Smart TV, a full arcade game setup, a brand-new pinball machine, and a theater room with an 85'' screen and convertible queen-size sectionals. The theater can be enclosed for privacy, making it a versatile fifth sleeping area.Step outside to immerse yourself in nature. The expansive open deck features plenty of seating, a hot tub, and an outdoor fireplace. A covered upper deck off the kitchen offers an additional retreat for outdoor dining and relaxation.Whether you're looking for a high-performing, turnkey rental investment or a private luxury escape, this investment property delivers on every front — with standout design, exceptional comfort, and strong income potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,441
Year Built
- Built in 2009
Lot Details
- 1.27 Acre Lot
- Wooded Lot
HOA Fees
- $192 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Craftsman Architecture
- Chalet
- Contemporary Architecture
- Log Cabin
- Frame Construction
- Wood Siding
- Stone Siding
Interior Spaces
- 7,520 Sq Ft Home
- Elevator
- Cathedral Ceiling
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Log Fireplace
- Fireplace Features Masonry
- Great Room
- Family Room
- Formal Dining Room
- Mountain Views
- Finished Basement
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Spa
- Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Shared Well
Listing and Financial Details
- Assessor Parcel Number 125 011.47
Community Details
Overview
- Estates At Norton Creek Subdivision
- Mandatory home owners association
Security
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,441 | $502,760 | $72,000 | $430,760 |
| 2023 | $7,441 | $502,760 | $0 | $0 |
| 2022 | $4,651 | $314,225 | $45,000 | $269,225 |
| 2021 | $4,651 | $314,225 | $45,000 | $269,225 |
| 2020 | $4,812 | $314,225 | $45,000 | $269,225 |
| 2019 | $4,812 | $258,700 | $45,000 | $213,700 |
| 2018 | $4,812 | $258,700 | $45,000 | $213,700 |
| 2017 | $4,812 | $258,700 | $45,000 | $213,700 |
| 2016 | $4,812 | $258,700 | $45,000 | $213,700 |
| 2015 | -- | $247,175 | $0 | $0 |
| 2014 | $4,029 | $247,181 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | Price Changed | $2,315,000 | -2.9% | $308 / Sq Ft |
| 04/17/2025 04/17/25 | For Sale | $2,385,000 | +22.2% | $317 / Sq Ft |
| 08/05/2021 08/05/21 | Sold | $1,951,000 | -- | $311 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Tennessee Land Title | |
| Quit Claim Deed | -- | Smoky Mountain Title | |
| Warranty Deed | $1,951,000 | Smoky Mountain Title | |
| Special Warranty Deed | $870,000 | -- | |
| Deed | $887,000 | -- | |
| Warranty Deed | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,463,250 | New Conventional |
Source: Public Records
Similar Homes in Gatlinburg, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1297577
APN: 125-011.47
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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