by Lee Lin

See Home Value
Pigeon Forge 37862
3123 Cherokee Valley Drive
$1,600,000
● House - Off Market

3123 Cherokee Valley Drive

Sevierville, TN 37862
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
3,408 Ft²
$1,776,985
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

$150K PRICE REDUCTION AND SELLER WILL PAY $25K OF BUYER'S CLOSING COSTS! LUXURY AND LOCATION! THE CHEROKEE LODGE is a NEW CONSTRUCTION CABIN with 6 bedrooms, 6.5 baths, and located less than 5 minutes from the Pigeon Forge Parkway. Over 3400 sf of living space and accommodates up to 26 guests. Comes fully furnished and turn-key with a projected rental income of $180K-$200K. Cabin features a large level concrete driveway with enough parking for 12-14 vehicles. Concrete sidewalks extend around both sides of cabin to the spacious patio area with custom paver design and built-in firepit. Full-length covered front and back decks with extended back decking for the relaxing hot tub. Also on the back deck is a 65" flat screen television so you can watch all of your favorite sports/shows, a beautiful see-thru fireplace, and lots of comfortable seating. Cabin features all wood interior white-washed walls which add brightness and an open feel. Features an open floorplan design with soaring ceilings, stacked stone see-thru fireplace, and luxury vinyl plank flooring. The fully equipped kitchen boasts lots of custom cabinetry with soft-close feature, granite countertops, and stainless appliances. The main floor features 4 king bedrooms each with own full bath, futon, and 65" flat screen television. There is also a half bath on the main level for guests. Upstairs to your right is a large bedroom with queen bunk beds, futon, 65" flat screen television, standup pinball machine, multicade video game, and private full bath. Across the amazing catwalk is the 2nd bedroom/game room with private full bath and features an 82" flat screen television, queen bunk beds, sleeper sofa, full-size digital pinball machine with over 400 games, 2 multicade video games, and bar top table with stools. Many spectacular lighting features throughout cabin such as 2 huge antler chandeliers, 2 over-sized ceiling fans, and vintage lantern lights. Professionally landscaped with beautiful river rock accents.
Unit Size
3,408 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$491
Property Type
House
Property Taxes
$259
HOA Dues
$13
Year Built
2022

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Last updated: 4 months ago (Realtracs #RTC3235276)

Price History

Date / Event Date Event Price
Dec 8, 2022 Sold
Sold
May 20, 2022 Listed by Prime Mountain Properties $1,675,000
Listed by Prime Mountain Properties
Jan 26, 2020 No longer available -
No longer available
Jan 24, 2020 Listed $35,000
Listed
Subdivision Lot in up and coming area. Lot is located in a Flood Zone. Buyer to verify accurate lot lines, zoning, and flood insurance requirements. Also available are 311, 3129 Cherokee Valley and Lot 37-R Wears Valley Rd (Found in the Cul De Sac of Cherokee Valley Dr.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 34
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,789
  • Lot Size Frontage Feet: 601
  • Total Building Area: 3,080
  • Gross Building Area: 3,080
  • Building Area: 3,080
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 3,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: CHEROKEE VALLEY
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: CHEROKEE VALLEY PB 44 PG 31 LOT 26R 120.08 X 186.20

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78576
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 093J
  • District: 16
  • Parcel: 093J-C-027.00
  • Lot: 26R
  • Municipality: PIGEON FORGE
  • Latitude: 35.7848
  • Longitude: -83.6213

    Address

  • Full Address: 3123 Cherokee Valley Dr
  • Address - House Number: 3123
  • Address - Street Name: Cherokee Valley
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,960
  • Tax Year: 2023
  • Tax Amount: $1,118,000
  • Tax Rate Code Area: 78A02

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 700,804
  • High Value: 1,022,567
  • Low Value: 379,040

    Market Valuation

  • Market Total Value: $944,300
  • Market Land Value: $80,000
  • Market Improvement Value: $864,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $377,720
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $345,720

    Sales

  • Current Sale Contract Date: Dec 08, 2022
  • Current Sale Recording Date: Dec 09, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 45983
  • Previous Sale Recording Date: Feb 19, 2020
  • Previous Sale Contract Date: Feb 18, 2020
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pigeon Forge


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Frequently Asked Questions

When was property at 3123 Cherokee Valley Drive built and last sold?
The property at 3123 Cherokee Valley Drive was built in 2022 and last sold on Dec 8, 2022 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 3123 Cherokee Valley Drive is $1,688,959.
What are some comparable homes to 3123 Cherokee Valley Drive?
There are currently no comparable homes to 3123 Cherokee Valley Drive.