5 months on rocket

322 Mystical Creek Way, Cosby, TN, 37722

$2,775,000

7 Bedrooms
7 Full Baths, 1 Partial
4,631 SqFt
$599/SqFt
House

Location

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Property Highlights

Home TypeResidential
Year Built2009
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontCreek, Water Access, River
FireplaceElectric, Stone
ViewMountain(s)
MLS #1266053
Lot Size22.74 Acres
StatusActive

About 322 Mystical Creek Way

Amazing Investment Opportunity - 6 Bedroom Luxury Log Cabin with Indoor Pool and New 1 Bedroom Cabin on 22.74, gated, unrestricted acres! Beautiful Mountain Views and Over 1,000 feet of creek frontage! With a multitude of building sites, this property is the perfect location for your own Smoky Mountain Resort or Wedding Venue! Both existing cabins are absolutely beautiful, well maintained and 1 owner. The 6 bedroom cabin was recently stained, pool liner replaced, pool deck resurfaced, and flooring in the kitchen, dining and theater was upgraded in 2023. Kitchen and all bathrooms boast granite counters. The 1 bedroom cabin was completed in 2023 and has only been used for friends/family. 6 Bedroom Cabin: Spread out over 2 levels, with over 3,900 sq.ft. of living space, this beautiful, custom built cabin boasts 6 bedrooms, 6.5 bathrooms, large game room, theater room, private indoor pool, outdoor hot tub and firepit area. Entering into the open kitchen/dining area, you'll immediately notice the cabin's wood walls, floors and ceiling. The kitchen, with its gleaming countertops and stainless appliances, also features bar seating. Just beyond the dining area is the spacious living area, complete with a stacked stone electric fireplace and vaulted, double height ceiling. The main level is also home to a home theater, complete with stadium seating, an indoor 14x17, 3-5 feet deep pool and a convenient half bath. Upstairs you'll find the spacious game room with a pool table, air hockey and arcades. Each of the cabins 6 oversized bedrooms feature an ensuite bathroom. 4 of the bedroom suites are located on the upper level and 2 on the main level. 1 Bedroom Cabin: This custom built log cabin was built with relaxation in mind. Featuring a lovely fire pit area and porch swing, both overlooking the rushing waters of the creek. Its solid wood interior, cathedral ceiling and open floor plan lend a spacious feel. The fully equipped kitchen is complete with stainless appliances. Just beyond the living area, you'll find the spacious bedroom and ensuite bathroom. From the bedroom you can slip onto the back deck and into the private bubbling hot tub. Seller has already completed ground work for 2 additional cabins, with septic approvals already obtained, and a second road has already been cut in at the top of the property. Utility sewer expected to the area soon. City officials are working to establish sewer to Cosby High School, just across the highway from this property.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Log
  • Year Built: 2009
  • Living Area: 4,631 SqFt

Listing Office:

  • Office Name: Keller Williams Smoky Mountain
  • Office Phone: (865) 999-8601

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement: No
  • Flooring Type: Laminate, Hardwood, Tile
  • Interior: Cathedral Ceiling(s)
  • Fireplace: Electric, Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Creek, Water Access, River
  • View: Mountain(s)
  • Exterior: Deck

Lot Features

Lot Information:

  • Lot: Creek, River, Irregular Lot
  • Lot Size: 22.74 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Gatlinburg, turn at Light #3 onto Hwy 321/E Parkway. Go 22.2 miles to a Left onto Roy Rd. Go .3 miles to a Right onto Padgett Mill Rd. Property on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,775,000
  • Price Per SqFt: $599/SqFt
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Housing Market Comparison

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

Med. Sold Price

$260K

Med. Price/SqFt

$216

Avg. Days On Market

20

# of Sold Homes

2

322 Mystical Creek Way vs Cosby

155 DAYS ON ROCKET

+135 Days

$2,775,000

+$2.5M More

$599/SqFt

+$382 More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price and $382/SqFt more than other homes in Cosby, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1266053

Listing Office:

  • Office Name: Keller Williams Smoky Mountain
  • Office Phone: (865) 999-8601

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.

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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

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Payment Calculator

$13.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,386

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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-321851
5
/10
  • Pittman Center Elementary School

  • 2455 E Parkway

  • 10.87 miles

  • Public District Grades PK-6

school-card-donut-321852
5
/10
  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 12.38 miles

  • Public District Grades PK-6

school-card-donut-321853
4
/10
  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 17.09 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,409. Typical income of Cosby, TN residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 322 Mystical Creek Way

What is the listing price of this property?

The listing price of 322 Mystical Creek Way property is $2,775,000.

What type of property is this?

The property 322 Mystical Creek Way is a house located in Cosby, Tennessee, 37722.

Is this property for sale now?

Active Listing: 322 Mystical Creek Way is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 322 Mystical Creek Way has 7 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The property 322 Mystical Creek Way is 4,631 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 322 Mystical Creek Way is 2009.
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Rocket HomesTennesseeCocke CountyCosby37722322 Mystical Creek Way

This home is located at 322 Mystical Creek Way in Cosby, TN and zip code 37722. This 4,631 square foot home, which was built in 2009, sits on a 22.74 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $2,775,000.

Cosby, TN housing market in October 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 0 sold below. The number of homes for sale in Cosby, TN decreased by 5.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $260,000, while the average time on the real estate market was 20 days.

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

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