2 months on rocket

509 Woodland Dr, Gatlinburg, TN, 37738

$1,995,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths, 1 Partial
4,403 SqFt
$453/SqFt
House

Location

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509 Woodland Dr, Gatlinburg$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDesignated Parking, Main Level
Year Built2019
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceGas Log
ViewMountain(s), Other
MLS #1278984
Lot Size0.71 Acres
StatusActive

About 509 Woodland Dr

This stunning turnkey, 3-level luxury cabin in the Smoky Mountains, offers a rare investment opportunity with yearly income projections of $200,000-$231,000! With 8 spacious bedrooms, 4.5 baths, and accommodations for up to 22 guests, this property is perfect for a short-term rental or as a private mountain retreat. The spacious and versatile layout is suitable for entertaining large groups. The cabin boasts breathtaking views from two large decks, providing the perfect backdrop for relaxation. The open-concept main level features a gourmet kitchen with high-end appliances, a grand living area with a stone fireplace, and large windows that bring in so much natural light. The primary suite is conveniently located on the main level with a private deck area to overlook the mountains. Laundry is also conveniently located on the main level and includes a large pantry area. 4 roomy bedrooms are located on the second floor as well as 2 full bathrooms. Located downstairs are 2 additional bedrooms, 1 bathroom, additional laundry, game and a relaxation area with a second fireplace. This Smart Home has top-notch amenities throughout, including a hot tub, game/entertainment room and Tesla charging station. There is plenty of parking for numerous cars. Enjoy the large private lot which has much wildlife including visits from local bears. Less than 5 minutes from highly desirable vacation destination-downtown Gatlinburg which features many amenities, including the Blue Ridge Parkway, Smoky Mountain National Park, Dollywood, shops, and restaurants. This property is ideal for vacationers and investors alike. Take advantage of owning a furnished and tastefully decorated 6x12 Dovetail Southland Log Home with no HOA or HOA fees.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 2019
  • Living Area: 4,403 SqFt

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 687-1111

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Dishwasher, Dryer, Gas Grill, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: No
  • Parking: Designated Parking, Main Level

Lot Features

Lot Information:

  • Lot: Irregular Lot, Rolling/Hilly
  • Lot Size: 0.71 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: I-40 East, exit 407, Right onto Parkway, left onto Dudley Creed Rd, right onto Ridge Rd, left onto Easy Pkwy, right onto Low Gap Rd, left onto Low Gap Rd, Take a slight right onto Woodland Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $453/SqFt

Tax Information:

  • Annual Amount: $2,470
  • 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

$396

Avg. Days On Market

80

# of Sold Homes

12

509 Woodland Dr vs Gatlinburg

74 DAYS ON ROCKET

-6 Days

$1,995,000

+$1.3M More

$453/SqFt

+$56 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $56/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: #1278984

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 687-1111

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: 12/23/2024, 10:21:08 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

Mar 01, 2006Home Sold
$270,000
Mar 13, 2001Home Sold
$223,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,470$217,300
2019$379$120,275
2018$379$18,750
2017$1,103$10,625

History based on county public records data.

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$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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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-1174430
4
/10
  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 1.36 miles

  • Public District Grades PK-6

school-card-donut-1174431
5
/10
  • Pittman Center Elementary School

  • 2455 E Parkway

  • 4.88 miles

  • Public District Grades PK-6

school-card-donut-1174432
5
/10
  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 6.16 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,357. Most Gatlinburg, TN residents have annual incomes less than $35k. Typical family type 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 509 Woodland Dr

What is the listing price of this property?

The listing price of 509 Woodland Dr property is $1,995,000.

What type of property is this?

The property 509 Woodland Dr is a house located in Gatlinburg, Tennessee, 37738.

Is this property for sale now?

Active Listing: 509 Woodland Dr 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 $2,470 (source: MLS/based on county public records data).

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

The last sale was on March 1, 2006 for $270,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 509 Woodland Dr has 8 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 509 Woodland Dr is 4,403 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 Woodland Dr is 2019.

Rocket HomesTennesseeSevier CountyGatlinburg37738509 Woodland Dr

This home is located at 509 Woodland Dr in Gatlinburg, TN and zip code 37738. This 4,403 square foot home, which was built in 2019, sits on a 0.71 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $1,995,000.

In November 2024, from all listings sold in Gatlinburg, TN there were more than 1 sold above asking price, over 9 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Gatlinburg, TN increased by 14.9% between October 2024 and November 2024. In November 2024, listings were on the market for 80 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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