new - 6 days on rocket

541 Forrest Springs Dr, Gatlinburg, TN, 37738

$1,199,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,560 SqFt
$468/SqFt
House

Location

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541 Forrest Springs Dr, Gatlinburg$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOther, Off-Street Parking
Year BuiltNew Const., 2024
HeatingHeat Pump
CoolingCentral Air
FireplaceOther, Electric
ViewMountain(s), City
MLS #1284169
Lot Size1.04 Acres
StatusActive

About 541 Forrest Springs Dr

Conveniently located 1.5 miles from Downtown Gatlinburg. This luxury home features a private indoor swimming pool, 3 bedrooms, 3.5 baths, beautiful mountain views, dense forests & even the Aneekesta Tower in plain view. No HOA, city water, and city sewer! Clean walls, t&g ceilings with modern tile bathrooms. Granite kitchen countertops with stainless steel appliances. Adjoining kitchen, dining and living space on the main level creates the perfect wide open entertainment space. 1 bedroom & full bathroom also located on the main level. 4 outdoor decks perfect for enjoying the mountain life within complete privacy! All low maintenance Trex decking. Over 1600sqft of decking! The middle and lower-level decks wrap-around, upper deck has the best view and there is a private deck just off the upstairs bedroom. Large windows capture the views and let in natural light. Modern, custom home designed to set you apart from other short-term rentals in the area. Currently as pictured, under construction and on track to finish by the end of 2024.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 2024
  • Living Area: 2,560 SqFt

Listing Office:

  • Office Name: TN Smoky Mtn Realty
  • Office Phone: (865) 280-2569

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Tile
  • Interior: Cathedral Ceiling(s)
  • Fireplace: Other, Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s), City
  • Exterior: Deck

Parking Information:

  • Attached Garage: No
  • Parking: Other, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Rolling/Hilly
  • Lot Size: 1.04 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Downtown Gatlinburg take East Parkway and Head toward Cherokee Orchard Rd on Parkway (US-441). Go for 0.9 mi. Turn right onto Roaring Fork Rd. Go for 66 ft.Then 0.01 miles Continue on Silverbell Ln. Go for 0.2 mi. Turn slightly left onto W Loop Rd. Go for 0.2 mi. Turn slightly right onto Forest Springs Dr. Go for 0.4 mi. Turn left onto Chimney Tops Way. Go for 243 ft. Then 0.05 miles on left will be 541 Forest Springs Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $468/SqFt

Tax Information:

  • Annual Amount: $152
  • 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

541 Forrest Springs Dr vs Gatlinburg

6 DAYS ON ROCKET

-74 Days

$1,199,000

+$563.2K More

$468/SqFt

+$71 More

KEY TAKEAWAY

This property is $563.2K more than the Median Sold Price and $71/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: #1284169

Listing Office:

  • Office Name: TN Smoky Mtn Realty
  • Office Phone: (865) 280-2569

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: 12/11/2024, 6:21:09 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

Jun 19, 2020Home Sold
$300,000
Aug 22, 2013Home Sold
$107,951

Tax History

YEARPROP. TAXASSESSMENT
2020$152$7,500
2019$152$7,500
2018$152$7,500
2017$969$7,500

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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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-1765367
4
/10
  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 0.86 miles

  • Public District Grades PK-6

school-card-donut-1765368
5
/10
  • Pittman Center Elementary School

  • 2455 E Parkway

  • 5.49 miles

  • Public District Grades PK-6

school-card-donut-1765369
5
/10
  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 6.80 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. The most common annual income of people living in Gatlinburg, TN is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 541 Forrest Springs Dr

What is the listing price of this property?

The listing price of 541 Forrest Springs Dr property is $1,199,000.

What type of property is this?

The property 541 Forrest Springs Dr is a house located in Gatlinburg, Tennessee, 37738.

Is this property for sale now?

Active Listing: 541 Forrest Springs 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 $152 (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 19, 2020 for $300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 541 Forrest Springs Dr has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 541 Forrest Springs Dr is 2,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 541 Forrest Springs Dr is 2024.

Rocket HomesTennesseeSevier CountyGatlinburg37738541 Forrest Springs Dr

This home is located at 541 Forrest Springs Dr in Gatlinburg, TN and zip code 37738. This 2,560 square foot home, which was built in 2024, sits on a 1.04 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $1,199,000.

Gatlinburg, TN housing market in November 2024 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 9 sold below. The number of listings in Gatlinburg, TN increased by 14.9% between October 2024 and November 2024. Listings spent 80 days on the market in November 2024, and had a median list price of $635,715 during the same period.

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

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