by Lee Lin

See Home Value
Sevier 37863
4351 Forest Ridge Way
$1,300,000
● House - Off Market

4351 Forest Ridge Way

Pigeon Forge, TN 37863
bedrooms
11 Beds
bathrooms
10 Baths, 2 Half Baths
square feet
8,160 Ft²
$2,201,136
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

New construction 11 bedroom log cabin, complete with indoor pool and theatre! The perfect investment cabin, will be outfitted beautifully, handsome, dramatic design inspired by the Nottingham Lodge that anchors the Sherwood Forest Resort. This cabin will be a few doors down. (Photos are taken from the Nottingham Lodge). Large spacious great room, with soaring tongue and groove ceilings, true log construction, large stone fireplace draws you into this huge over 8500 sqft cabin. Gleaming wood, walls of glass, Just 5 minutes from downtown Pigeon Forge dining and shopping and shows! This cabin has a guarantee $325,000 rental income!!! It will be a fantastic investment. To be completed by Winter 2018.
Unit Size
8,160 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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Last updated: 3 months ago (Realtracs #RTC3293521)

Price History

Date / Event Date Event Price
Mar 4, 2022 Sold
Sold
Dec 31, 2021 Listed by Century 21 MVP $2,850,000
Listed by Century 21 MVP
"Royal Retreat Lodge" is a spacious 11 bedroom, 12 bath, super income producer, entertainment dream! This lodge is located in the highly sought after Sherwood Forest near the entrance for easy access without wild roads. This cabin is one of just a few this size, and truly designed to be a high income producing retreat for many guests! With the ability to sleep up to 44 guests in 8,800 sq ft, this lodge doesn't lack space. This handsome lodge is true log with tongue & groove interior, LVP flooring for durability, soaring cathedral ceilings on the main and uppers floors, generous suites throughout, ample gathering space in the living areas, dining, kitchen, decks, theater, game room, and pool room! There are many special touches in this cabin including the grand chandelier in the main living space. 2021 income was $300k and 2022 has $125k on the books, easy - turn key!
Apr 27, 2017 Sold
Sold
Feb 6, 2015 Listed by Century 21 MVP $100,000
Listed by Century 21 MVP
If you are thinking of building you need to consider the lots in Sherwood Forest. A fantastic location just minutes from the parkway at traffic light 10, in between Gatlinburg and Pigeon Forge. This resort has the best amenities, utility water from Pigeon Forge, a sewer system, natural gas from Sevier County and cable. Well maintained, gated and lighted and a large outdoor pool for your guests. HOA is very low only $75. a month. We have cabin plans from one to twelve bedrooms or we can custom build for you your dream cabin. There are beautiful views from the top of Sherwood Forest looking out at the National Park.
Jul 30, 2014 Listed by Century 21 MVP $1,350,000
Listed by Century 21 MVP

Property Highlights


Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 11
  • Full Bathrooms: 10
  • Partial Bathrooms: 11
  • Bathroom Plumbing Fixtures: 32
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 3,240
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 8,800
  • Gross Building Area: 8,800
  • Building Area: 8,800
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 8,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: SHERWOOD FOREST RESORT
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: SHERWOOD FOREST RESORT PB P41 PG 394 LOT 60R PHASE 3 UNIT 4

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 105L
  • District: 05
  • Parcel: 105L-B-001.00-060
  • Lot: 60R
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7573
  • Longitude: -83.5527

    Address

  • Full Address: 4351 Forest Ridge Way
  • Address - House Number: 4351
  • Address - Street Name: Forest Ridge
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Pigeon Forge
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 3,240
  • Tax Year: 2023
  • Tax Amount: $1,002,700
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 1,035,848
  • High Value: 1,511,442
  • Low Value: 560,253

    Market Valuation

  • Market Total Value: $1,693,800
  • Market Land Value: $100,000
  • Market Improvement Value: $1,593,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $677,520
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $637,520
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 Sevier


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Frequently Asked Questions

When was property at 4351 Forest Ridge Way built and last sold?
The property at 4351 Forest Ridge Way was built in 2019 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4351 Forest Ridge Way is $2,878,500.
What are some comparable homes to 4351 Forest Ridge Way?
There are currently no comparable homes to 4351 Forest Ridge Way.