Check Availability
Sevier 37862
2829 Red Sky Drive
$1,795,000
House - For Sale

2829 Red Sky Drive

Sevierville, TN 37862
bedrooms
5 Beds
bathrooms
5.5 Baths, 1 Half Bath
square feet
3860 Sqft
$8,830
Estimated Monthly
$0
HOA / Fees
1.73%
Cap Rate

About This Property

Brand New, Luxury 5 Bedroom Cabin in highly sought after Thunder Mountain Resort with Mountain Views, Large Parking Area, Theater Room, Game Room, Open Floorplan and Huge Outdoor Decks!  Completed in May of 2023, this Property has done over $13,000 in July alone with Summit Cabin Rentals.  Similar properties with same floorplan on Summit Cabin Rentals are on track to do $125,000+ in yearly gross rental.  Sold Fully Furnished! Great Location--Located in between Pigeon Forge Parkway and Wears Valley Road you are just minutes to either!

The manager has listed the unit size as 3860 square feet.
Unit Size
3,860Ft²
Days on Market
288 days
Land Size
2.01 acres
Price per sqft
$465
Property Type
House
Property Taxes
$15
HOA Dues
-
Year Built
2023
Listed By
Bryce Lipsey
Lipsey's Real Estate
Last updated: 2 months ago (GSMARTN #258372)

Price History

Date / Event Date Event Price
Jul 18, 2023 Listed by Lipsey's Real Estate $1,795,000
Listed by Lipsey's Real Estate
Apr 14, 2023 Sold $935,000
Sold

Property Highlights

Fireplace
Air Conditioning
With View
Interior Details

Interior Information

Deck

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Log Siding
Masonry
Wood Siding

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 91,040
  • Total Building Area: 3,784
  • Gross Building Area: 3,784
  • Building Area: 3,784
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: THUNDER MOUNTAIN
  • Land Acres: 2.09
  • Legal Description 1: THUNDER MOUNTAIN PB 44 PG 74 LOT 7R

Ownership

  • Current Owner : REAL VIEW LLC
  • Previous Owner : LIPSEY JOSEPH
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080904

Geography

  • Assessors Map Reference: 105
  • District: 06
  • Parcel: 105-001.20
  • Lot: 7R
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7617
  • Longitude: -83.5873

    Address

  • Full Address: 2829 Red Sky Dr
  • Address - House Number: 2829
  • Address - Street Name: Red Sky
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R029
  • 4-Digit Zip Code: 7815
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,448
  • Tax Year: 2021
  • Tax Amount: $185
  • Tax Rate Code Area: 78A00

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $757,247
  • First Open Lien Mortgage Lender: MAGNOLIA STATE BANK
  • First Open Lien Mortgage Recording Date: Apr 14, 2023
  • First Open Lien Mortgage Loan Amount: $757,247
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Apr 15, 2033

    Market Valuation

  • Market Total Value: $912,900
  • Market Land Value: $50,000
  • Market Improvement Value: $862,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $365,160
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $345,160

    Sales

  • Current Sale Contract Date: Apr 13, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Transaction ID: 11905175587
  • Current Sale Price: $935,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 9701

    Last Sale Mortgage

  • First Mortgage Lender: MAGNOLIA STATE BANK
  • First Mortgage Transaction Date: Apr 14, 2023
  • First Mortgage Loan Amount: $757,247
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 15, 2033

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5.5 Baths
4,016 ft²
$535/ft²
$2,150,000 Dec 13, 2022
-
$231/mo
House
5 Beds
5 Baths
3,214 ft²
$576/ft²
$1,849,990 Jun 7, 2023
-
$568/mo
House
4 Beds
5 Baths
3,744 ft²
$479/ft²
$1,795,000 May 22, 2023
-
$185/mo
House
4 Beds
4.5 Baths
3,700 ft²
$473/ft²
$1,750,000 Jan 8, 2023
-
$296/mo
House
4 Beds
3.5 Baths
3,732 ft²
$442/ft²
$1,650,000 Mar 26, 2022
-
-

About Sevier


Similar Homes for Sale

Unit for sale at 2429 Rainbow Falls Lane, Sevierville, TN 37862

$1,795,000

  • 4 Beds
  • 5 Baths
  • 3,744 ft²
2429 Rainbow Falls Lane, Sevierville, TN 37862 Listing by Kelly White

Nearby Rentals



Frequently Asked Questions

When was property at 2829 Red Sky Drive built and last sold?
The property at 2829 Red Sky Drive was built in 2023 and last sold on Apr 13, 2023 for $935,000.
How much is this home worth?
The estimated value of the home located at 2829 Red Sky Drive is $1,812,950.
What are some comparable homes to 2829 Red Sky Drive?
Homes that are comparable to 2829 Red Sky Drive include a house property at 2429 Rainbow Falls Lane, 2646 Red Sky Drive, 1706 Pinestand Ridge Way.

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