2 months on rocket

320 Elbow Ln, Gatlinburg, TN, 37738

$1,900,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
3,800 SqFt
$500/SqFt
House

Location

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320 Elbow Ln, Gatlinburg$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage2 spaces
Year Built2022
HeatingCentral, Heat Pump, Propane, Natural Gas, Electric
CoolingCentral Air, Wall/Window Unit(s), Ceiling Fan(s)
FireplaceGas Log
ViewMountain(s), Other
MLS #1276445
Lot Size3.08 Acres
StatusActive

About 320 Elbow Ln

Fantastic Investment Opportunity, 4 bedroom 4 bathroom, 1 1/2 bath, new construction craftsman style minutes from downtown Gatlinburg and the Great Smoky Mountains National Park! The cozy open-concept living space, modern main level deck, ready to add a hot tub to make it your perfect relaxing spot, or the two stunning-view private balconies (one for each floor), with skyline sights, you would definitely embrace the nature and the serenity. Charm meets convenience in this delightful family home, right across the popular Gatlinburg Mills Park and Gatlinburg Pittman Highschool. Lots of potential for a primary resident, second home or vacation rental. No restrictions, no HOA, 3.02 ACRES to plan or add more potential to this property. Prime location only minutes from and the Art & Crafts Community and across GPHS- Gatlinburg Pittman High School, 5 miles Dollywood, minutes from Greenbrier Camp Ground and lots of other relaxing activities like fishing or hiking. What makes this property special is the development opportunity. You can easily add new structures and create a PUD. There are blue prints and floor plan available from the owner. Elevator incorporated from the garage to the second floor.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2022
  • Living Area: 3,800 SqFt

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 342-4200

Interior Features

Interior Information:

  • Appliances: Generator, Dishwasher, Disposal, Dryer, Gas Oven, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Elevator, Island in Kitchen, Pantry, Walk-In Closet(s)
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s), Other
  • Exterior: Patio, Deck, Balcony

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Private, Corner Lot, Rolling/Hilly
  • Lot Size: 3.08 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Propane, Natural Gas, Electric
  • Cooling: Central Air, Wall/Window Unit(s), Ceiling Fan(s)

Other

Directions Information:

  • Directions: From East Pkwy turn left onto Proffitt Rd 0.2 miles, at the traffic circle, take the 3rd exit and stay on Proffitt Rd 0.2 miles, turn left onto Elbow Ln 0.1 miles, turn right 150 feet and you arrived.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000
  • Price Per SqFt: $500/SqFt

Tax Information:

  • Annual Amount: $453
  • Tax Year: 2020
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Housing Market Comparison

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

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Gatlinburg, TN

City

Med. Sold Price

$635.7K

Med. Price/SqFt

$400

Avg. Days On Market

89

# of Sold Homes

5

320 Elbow Ln vs Gatlinburg

62 DAYS ON ROCKET

-27 Days

$1,900,000

+$1.2M More

$500/SqFt

+$99 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $99/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: #1276445

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 342-4200

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: 11/14/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2017Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$453$21,900
2019$455$22,550
2018$455$22,550
2017$455$22,550

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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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.

Nearby Schools

school-card-donut-365592
5
/10

  • Pittman Center Elementary School

  • 2455 E Parkway

  • 2.47 miles

  • Public District Grades PK-6

school-card-donut-365593
4
/10

  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 3.80 miles

  • Public District Grades PK-6

school-card-donut-365594
5
/10

  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 4.61 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,043. The majority of Gatlinburg, TN residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 320 Elbow Ln

What is the listing price of this property?

The listing price of 320 Elbow Ln property is $1,900,000.

What type of property is this?

The property 320 Elbow Ln is a house located in Gatlinburg, Tennessee, 37738.

Is this property for sale now?

Active Listing: 320 Elbow Ln 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 $453 (source: MLS/based on county public records data).

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

The last sale was on August 31, 2017 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 320 Elbow Ln has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 320 Elbow Ln is 3,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 320 Elbow Ln is 2022.

Rocket Homes›Tennessee›Sevier County›Gatlinburg›37738›320 Elbow Ln

This home is located at 320 Elbow Ln in Gatlinburg, TN and zip code 37738. This 3,800 square foot home, which was built in 2022, sits on a 3.08 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,900,000.

Gatlinburg, TN housing market in October 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. In October 2024 in Gatlinburg, TN there were 11% more homes for sale than in September 2024. In October 2024, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $635,715.

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

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