5 months on rocket

1120 Tanrac Trl, Gatlinburg, TN, 37738

$2,750,000

10 Bedrooms
13 Full Baths
8,700 SqFt
$316/SqFt
House

Location

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Property Highlights

Home TypeResidential
ParkingNone
Year Built1976
HeatingCentral, Heat Pump
CoolingCeiling Fan(s)
BasementYes
FireplaceElectric, Masonry
ViewMountain(s)
MLS #1266541
Lot Size3.00 Acres
StatusActive

About 1120 Tanrac Trl

Welcome to an unparalleled real estate investment opportunity nestled in the heart of breathtaking scenery! This unique offering consists of three distinct properties spanning three acres, boasting a total of 10 bedrooms, 3 bonus rooms, and 13 bathrooms. Plus, being recently updated, this property is turn-key! Featuring million dollar views, game-room quarters, plenty of space to enjoy the outdoors, and luxury living, this trio of properties presents a lucrative investment opportunity. Whether you're looking to expand your portfolio, generate rental income, or create a private estate, the possibilities are endless. Don't miss your chance to own a piece of paradise. Schedule a viewing today and experience it for yourself!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Chalet
  • Year Built: 1976
  • Living Area: 8,700 SqFt

Listing Office:

  • Office Name: 333 Properties of the Smokies
  • Office Phone: (865) 437-0063

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Laminate, Hardwood, Brick, Tile
  • Interior: Cathedral Ceiling(s), Island in Kitchen, Walk-In Closet(s), Wet Bar
  • Fireplace: Electric, Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 13
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Wooded, Corner Lot, Level, Rolling/Hilly
  • Lot Size: 3.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Gatlinburg turn at traffic light #3 onto Hwy 321 East Parkway. Follow and turn left onto Glades Rd. From Glades Rd. turn left onto Powdermill Rd. Turn left on Johns Branch Rd. then turn right onto Tanrac Trl. Follow to the top and property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,750,000
  • Price Per SqFt: $316/SqFt

Tax Information:

  • Annual Amount: $2,724
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gatlinburg, TN.

Med. Sold Price

$635.7K

Med. Price/SqFt

$400

Avg. Days On Market

89

# of Sold Homes

5

1120 Tanrac Trl vs Gatlinburg

157 DAYS ON ROCKET

+68 Days

$2,750,000

+$2.1M More

$316/SqFt

-$85 Less

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $85/SqFt less than other homes in Gatlinburg, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1266541

Listing Office:

  • Office Name: 333 Properties of the Smokies
  • Office Phone: (865) 437-0063

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 26, 2020Home Sold
$1,000,000
Dec 07, 2000Home Sold
$305,000
May 06, 1993Home Sold
$800,000
Apr 07, 1989Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,724$268,350
2019$2,724$146,475
2018$2,724$146,475
2017$2,724$146,475

History based on county public records data.

Payment Calculator

$13.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,311

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-582467
4
/10
  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 3.00 miles

  • Public District Grades PK-6

school-card-donut-582468
5
/10
  • Pittman Center Elementary School

  • 2455 E Parkway

  • 4.01 miles

  • Public District Grades PK-6

school-card-donut-582469
5
/10
  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 4.12 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,006. The majority of Gatlinburg, TN residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1120 Tanrac Trl

What is the listing price of this property?

The listing price of 1120 Tanrac Trl property is $2,750,000.

What type of property is this?

The property 1120 Tanrac Trl is a house located in Gatlinburg, Tennessee, 37738.

Is this property for sale now?

Active Listing: 1120 Tanrac Trl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,724 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 26, 2020 for $1,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1120 Tanrac Trl has 10 bedrooms and 13 bathrooms.

What is the square footage of this property?

The property 1120 Tanrac Trl is 8,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1120 Tanrac Trl is 1976.
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Rocket HomesTennesseeSevier CountyGatlinburg377381120 Tanrac Trl

This home is located at 1120 Tanrac Trl in Gatlinburg, TN and zip code 37738. This 8,700 square foot home, which was built in 1976, sits on a 3.00 acre lot. Features: 10 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $2,750,000.

While more than 1 listings in Gatlinburg, TN in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below. In October 2024 in Gatlinburg, TN there were 11% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $635,715, while the average time on the real estate market was 89 days.

From Rocket Homes Real Estate and based on county public records data.

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