NOT LISTED FOR SALE

825 Pinecrest Way Sevierville, TN 37862

Estimated Value: $2,784,468

7 Beds
7.5 Baths
6,022 Sq Ft
$462/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $3,100,000 $515 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $16,008/month

116 Days on Market

Highlights

  • 3.73 Acre Lot
  • Deck
  • 1 Fireplace
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Log Cabin

About This Home

As of November 2023

Investors looking for rental income? Check out the stately 6,022 SF Mountain Cascades Lodge! Set on a private 3.73-acre lot—adjacent to its sister cabin, Eagle River Lodge. Gorgeous Mountain Cascades Lodge is a stunning 7-BR and 7 spa-like BA mountain lodge with space for 26 and an impressive list of amenities. With 2021 rental income at $392,361 and 2022 at $396,021 (cleaning income included), 2023 already has $270,000 for the calendar year (146 nights booked) with 6 months to go. This is the one you want! The current management company can continue to operate, which will allow you to retain the current bookings, listing platforms, and stellar review history. All furniture conveys (linens and living room furniture updated in 2023) and reflected in the photos. Each space in this industrial-style cabin has been beautifully designed including rustic wood and steel finishes, top-of-the-line amenities, and custom touches throughout like a large eagle carving and western spruce pillars—plus you can't miss the gorgeous views through the soaring windows along the back wall! Style meets function in the kitchen with granite countertops, lovely tin ceilings, beautiful hickory cabinets, and double appliances. There's an inviting game loft and even a home theater boasting an 80-inch TV, Blu-ray player, and comfortable leather seating! You'll be drawn to the incredible heated indoor pool room featuring a wading area for kids, a beautiful waterfall feature, a log bridge, and stone details plus a 55-inch TV! The wraparound deck, hot tub, and fire pit offers ideal places to unwind, and it's just a few miles from downtown Pigeon Forge, offering convenience without sacrificing privacy. Don't miss this rare opportunity! (See link to rental listing in docs.)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,715

Year Built

  • Built in 2014

Lot Details

  • 3.73 Acre Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 6,022 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Fire and Smoke Detector
  • Property Views
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Private Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093E A 02200 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,715

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 2014
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4232155885
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 7
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Building Area Units: Square Feet
  • Living Area: 6022
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Log, Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Private, Wooded
  • Lot Size Acres: 3.73
  • Lot Size: 600 X 495 IRR
  • Lot Size Units: Acres
  • Parcel #: 093E A 02200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4715

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Nov 9, 2023
Sold by
Lark Stake Llc and Sarahs Markstake Llc
Bought by
Gabhart Land Company Llc
List Price
$3,600,000
Sold Price
$3,100,000
Premium/Discount to List
-$500,000
-13.89%
Views
376
Current Estimated Value
$2,784,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$315,532
Avg. Annual Appreciation
-3.82%

Purchase Details

Closed on
Mar 5, 2020
Sold by
Mountain Cascades Property Llc
Bought by
Lark Stake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,313,423
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2019
Sold by
Klatt David M
Bought by
Mountain Cascades Property Llc

Purchase Details

Closed on
Mar 20, 2014
Sold by
Brower John H
Bought by
Klatt David M
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Gabhart Land Company Llc $3,100,000 Smoky Mountain Title
Sarahs Markstake Llc -- None Listed On Document
Loml Llc -- None Listed On Document
Lark Stake Llc $1,750,000 Smoky Mountain Title
Mountain Cascades Property Llc -- None Available
Klatt David M $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lark Stake Llc $1,313,423
Previous Owner Klatt David M $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $3,100,000 -13.9% $515 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $3,600,000 -- $598 / Sq Ft
Source: Realtracs

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
2025 $7,553 $510,320 $21,400 $488,920
2024 $7,544 $509,760 $20,840 $488,920
2023 $7,544 $509,760 $0 $0
2022 $4,715 $318,600 $13,025 $305,575
2021 $4,715 $318,600 $13,025 $305,575
2020 $2,614 $318,600 $13,025 $305,575
2019 $2,614 $140,550 $13,100 $127,450
2018 $2,614 $140,550 $13,100 $127,450
2017 $2,614 $140,550 $13,100 $127,450
2016 $2,614 $140,550 $13,100 $127,450
2015 -- $11,825 $0 $0
2014 $193 $11,813 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2892775

Realtracs

APN: 093E-A-022.00