3 months on rocket

281 Loop Rd, Gatlinburg, TN, 37738

$7,300,000

21 Bedrooms
22 Full Baths, 4 Partial
16,513 SqFt
$442/SqFt
House

Location

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Property Highlights

Home TypeResidential
ParkingNone
Year Built2024
HeatingCentral, Heat Pump, Electric
CoolingCentral Air
FireplaceElectric
MLS #1267208
Lot Size1.50 Acres
StatusActive

About 281 Loop Rd

This stunning 21-bedroom lodge is designed and crafted by a Master Craftsman offers an unparalleled combination of luxury and comfort. Every detail has been meticulously crafted with high-end finishes to provide an exceptional experience for guests. Each bedroom has its own full bathroom, ensuring privacy and convenience. Additionally, every bedroom is equipped with its own coffee station and mini fridge, allowing guests to enjoy refreshments and a morning brew without leaving their room. Eighteen of the bedrooms are equipped with king-sized beds and futons, ideal for families. Two bedrooms are designed with wheelchair roll-in showers and sinks for accessibility. The bunk room is designed for larger groups, featuring three sets of custom-made king-sized bunks that can comfortably sleep up to 12 adults, and it includes two full baths. There are 22 full bathrooms and 4 half baths throughout the lodge, ensuring ample facilities for all guests. A 57-seat movie theater room with a 9-foot projection screen provides a true cinema-style experience, perfect for movie nights. The lodge features a video arcade with a selection of both classic and modern games, offering endless entertainment for guests of all ages. Enjoy a full-size heated indoor pool and a kiddie pool, providing a perfect spot for relaxation and fun, regardless of the weather. A commercial elevator ensures easy access to all floors, making the lodge convenient for guests of all mobility levels. The property also features two electric car chargers, adding modern convenience for eco-conscious travelers. An outdoor pavilion provides the perfect location for picnics, cookouts, or gatherings, offering a wonderful space to enjoy the natural surroundings. The pavilion is fully equipped with an outdoor kitchen, making it easy to prepare and enjoy meals al fresco. The lodge is equipped with a state-of-the-art fire suppression and monitoring system, ensuring the safety and security of all guests. The lodge can sleep up to 92 guests, making it perfect for large family gatherings, corporate retreats, or any group seeking a luxurious getaway. Based on actual numbers from a sister cabin in Pigeon Forge, the rental projections are impressive: first year: $500,000; second year: $750,000; third year: $1,000,000+. Located just minutes from downtown Gatlinburg and the Great Smoky Mountains National Park, this lodge is the epitome of luxury, offering an extraordinary experience with its high-end amenities and spacious accommodations.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2024
  • Living Area: 16,513 SqFt

Listing Office:

  • Office Name: The Real Estate Firm
  • Office Phone: (865) 770-4030

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Grill, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: No
  • Flooring Type: Sustainable
  • Interior: Elevator, Island in Kitchen, Eat-in Kitchen
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 22
  • Total Bedroom Count: 21

Exterior Features

Exterior Information:

  • Exterior: Window - Energy Star, Windows - Insulated, Porch - Covered, Deck, Balcony

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 1.50 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Gatlinburg Pittman High School, Public District Grades 9-12
  • Pigeon Forge High School, Public District Grades 9-12
  • Sevier County High School, Public District Grades 9-12
  • Pi Beta Phi Elementary School, Public District Grades KG-8
  • Catons Chapel Elementary School, Public District Grades PK-8
  • Pittman Center Elementary School, Public District Grades PK-8
  • Pigeon Forge Primary School, Public District Grades PK-4
  • Sevierville Intermediate School, Public District Grades 3-5
  • Catlettsburg Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From the Parkway in downtown. Gatlinburg (U.S. 441), turn onto U.S. Hwy. 321 North at traffic light #3, and head approx. 1/2 mi. to Roaring Fork Road. At traffic light #1A, take a slight right onto Roaring Fork Road. Proceed approx. 0.2 mi., and then turn right onto Loop Road. Follow Loop Road approx. 1/4 mi. to lot, which is located on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,300,000
  • Price Per SqFt: $442/SqFt
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Housing Market Comparison

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

Med. Sold Price

$627.6K

Med. Price/SqFt

$396

Avg. Days On Market

105

# of Sold Homes

11

281 Loop Rd vs Gatlinburg

117 DAYS ON ROCKET

+12 Days

$7,300,000

+$6.6M More

$442/SqFt

+$46 More

KEY TAKEAWAY

This property is $6.6M more than the Median Sold Price and $46/SqFt more 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: #1267208

Listing Office:

  • Office Name: The Real Estate Firm
  • Office Phone: (865) 770-4030

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: 10/17/2024, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$36.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$21.9K

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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.

Elementary School

school-card-donut-575365
3
/10
  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 9.03 miles

  • Public District Grades PK-4

school-card-donut-575366
2
/10
  • Sevierville Intermediate School

  • 416 High St

  • 10.82 miles

  • Public District Grades 3-5

school-card-donut-575367
5
/10
  • Catlettsburg Elementary School

  • 1409 Catlettsburg Rd

  • 14.19 miles

  • Public District Grades KG-6

Middle School

school-card-donut-575368
4
/10
  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 0.75 miles

  • Public District Grades KG-8

school-card-donut-575369
5
/10
  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 6.62 miles

  • Public District Grades PK-8

school-card-donut-575370
5
/10
  • Pittman Center Elementary School

  • 2455 East Pw

  • 6.63 miles

  • Public District Grades PK-8

High School

school-card-donut-575371
7
/10
  • Gatlinburg Pittman High School

  • 150 Proffitt Rd

  • 3.20 miles

  • Public District Grades 9-12

school-card-donut-575372
5
/10
  • Pigeon Forge High School

  • 414 Tiger Dr

  • 8.00 miles

  • Public District Grades 9-12

school-card-donut-575373
5
/10
  • Sevier County High School

  • 1200 Dolly Parton Pkwy

  • 10.63 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,357. The most common annual income of people living in Gatlinburg, TN is less than $35k. 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 281 Loop Rd

What is the listing price of this property?

The listing price of 281 Loop Rd property is $7,300,000.

What type of property is this?

The property 281 Loop Rd is a house located in Gatlinburg, Tennessee, 37738.

Is this property for sale now?

Active Listing: 281 Loop Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 281 Loop Rd are:
Pigeon Forge Primary School: GreatSchools Rating 3/10
Sevierville Intermediate School: GreatSchools Rating 2/10
Catlettsburg Elementary School: GreatSchools Rating 5/10
Pi Beta Phi Elementary School: GreatSchools Rating 4/10
Catons Chapel Elementary School: GreatSchools Rating 5/10
Pittman Center Elementary School: GreatSchools Rating 5/10
Gatlinburg Pittman High School: GreatSchools Rating 7/10
Pigeon Forge High School: GreatSchools Rating 5/10
Sevier County High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 281 Loop Rd has 21 bedrooms and 22 full and 4 half bathrooms.

What is the square footage of this property?

The property 281 Loop Rd is 16,513 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 281 Loop Rd is 2024.
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Rocket HomesTennesseeSevier CountyGatlinburg37738281 Loop Rd

This home is located at 281 Loop Rd in Gatlinburg, TN and zip code 37738. This 16,513 square foot home, which was built in 2024, sits on a 1.50 acre lot. Features: 21 bedrooms, 26 bathrooms. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $7,300,000.

In September 2024 more than 0 listings in Gatlinburg, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 11 were sold below. The inventory of homes for sale in Gatlinburg, TN between August 2024 and September 2024 increased by 8%. The median list price of listings available in September 2024 was $627,666, while the average time on the real estate market was 105 days.

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

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