new - 16 hours on rocket

720 Sharp Rd, Sevierville, TN, 37876

$2,150,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
8 Full Baths, 1 Partial
7,230 SqFt
$297/SqFt
House

Location

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720 Sharp Rd, Sevierville$2,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingRV Parking, Main Level, Off-Street Parking
Garage4 spaces
Year Built1996
HeatingCentral, Propane, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceElectric, Stone, Wood Burning Stove
ViewMountain(s)
MLS #1284023
Lot Size4.86 Acres
StatusActive

About 720 Sharp Rd

FANTASTIC INVESTMENT OPPORTUNITY IN THE SMOKY MOUNTAINS - FULLY FURNISHED COUNTRY ESTATE WITH PROVEN RENTAL INCOME POTENTIAL. Welcome to this exquisite country estate, nestled in the scenic foothills of the Great Smoky Mountains, just minutes from the vibrant areas of Pigeon Forge, Gatlinburg, Dollywood and the Great Smoky Mountains National Park. This is an exceptional opportunity to acquire a thriving business, currently operating as a popular vacation rental, bed & breakfast, and retreat venue. Gross nightly income in 2024 totaling $240,000. Originally built by Lee Greenwood as his personal home, this beautifully maintained property offers an unbeatable combination of income potential, charm, and functionality. Whether you're looking to expand an existing hospitality business or simply invest in a one-of-a-kind retreat in a prime location, this estate has it all. Don't miss out on this rare opportunity to own a piece of East Tennessee paradise, where nature, comfort, and opportunity meet. This beautifully maintained property offers an unbeatable combination of income potential, charm, and functionality. Whether you're looking to expand an existing hospitality business or simply invest in a one-of-a-kind retreat in a prime location, this estate has it all. Property includes four detached or semi-detached units for added privacy and seclusion, ideal for both short-term and long-term guests. Main House with five spacious bedrooms, each with its own private bath, plus a versatile multipurpose room. The licensed commercial kitchen is perfect for large-scale meal preparation, and the expansive dining and common areas offer a welcoming atmosphere for guests. Two luxurious king suites with private baths and kitchenettes, plus a charming 2-bedroom apartment over a 4-car garage, complete with a full kitchen, bathroom, and washer/dryer. Heated indoor pool perfect for year-round relaxation and enjoyment. A charming gazebo, oversized hot tub, plus an RV pad with full hookups, providing added versatility for guest accommodation. Plenty of ample parking with two driveways, a 6-car pad at the main entrance, a cobblestone drive with 10 spaces, This beautifully maintained property offers an unbeatable combination of income potential, charm, and functionality. Whether you're looking to expand an existing hospitality business or simply invest in a one-of-a-kind retreat in a prime location, this estate has it all. Don't miss out on this rare opportunity to own a piece of East Tennessee paradise, where nature, comfort, and opportunity meet. CONTACT US TODAY FOR MORE DETAILS OR TO SCHEDULE YOUR PRIVATE SHOWING!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1996
  • Living Area: 7,230 SqFt

Listing Office:

  • Office Name: Young Marketing Group, Realty Executives
  • Office Phone: (865) 281-1321

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Vinyl, Tile
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Electric, Stone, Wood Burning Stove

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Fence - Wood, Pool - Swim (Ingrnd)

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: RV Parking, Main Level, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Rolling/Hilly
  • Lot Size: 4.86 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From I-40 E; Use the right 2 lanes to take exit 407 toward TN-66 S/Winfield Dunn Pkwy; Use the right 3 lanes to take the TN-66 S ramp to Sevierville/Pigeon Forge/Gatlinburg; Continue on TN-66 S/Winfield Dunn Pkwy. Take Hwy 411 N to Sharp Rd; Use any lane to turn slightly right onto TN-66 S/Winfield Dunn Pkwy; Pass by Pizza Hut (on the right in 7.9 mi); Turn left onto North Pkwy; Use any lane to turn left onto E Main St; Continue onto Hwy 411 N/Dolly Parton Pkwy; Turn right onto New Center Rd; Turn left onto Old Tennessee 35 N; Turn right onto Sharp Rd; Destination will be on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,150,000
  • Price Per SqFt: $297/SqFt

Tax Information:

  • Annual Amount: $2,845
  • Tax Year: 2020
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Housing Market Comparison

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

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Sevierville, TN

City

Med. Sold Price

$475K

Med. Price/SqFt

$278

Avg. Days On Market

69

# of Sold Homes

39

720 Sharp Rd vs Sevierville

1 DAY ON ROCKET

-68 Days

$2,150,000

+$1.6M More

$297/SqFt

+$18 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $18/SqFt more than other homes in Sevierville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1284023

Listing Office:

  • Office Name: Young Marketing Group, Realty Executives
  • Office Phone: (865) 281-1321

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: 12/3/2024, 11:50:56 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

May 02, 2018Home Sold
$785,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,845$199,775
2019$2,845$152,950
2018$2,845$152,950
2017$2,845$152,950

History based on county public records data.

Payment Calculator

$10.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,512

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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-3814531
5
/10

  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 5.23 miles

  • Public District Grades PK-6

school-card-donut-3814532
2
/10

  • Sevierville Intermediate School

  • 416 High St

  • 7.99 miles

  • Public District Grades 3-5

school-card-donut-3814533
5
/10

  • Pittman Center Elementary School

  • 2455 E Parkway

  • 8.76 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 $38,239. Most Sevierville, TN residents have annual incomes less than $35k. The majority of 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

Living In Sevierville, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Sevierville, TN?

Sevierville's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include rustic cabins, contemporary designs, and traditional brick homes. The market also features condominiums and townhouses, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a variety of development phases, with many homes dating back to the late 20th century, reflecting the town's growth during that period.

What are the advantages of living in Sevierville, TN?

Sevierville is celebrated for its small-town charm and proximity to natural attractions, including the Great Smoky Mountains National Park. The community prides itself on a family-friendly atmosphere and a strong sense of local heritage, with annual events that showcase regional music, crafts, and cuisine. The town's character is further enriched by its historical sites and the presence of local businesses that contribute to its unique identity.

Are essential services in Sevierville, TN convenient?

The community is served by a network of public schools, including several elementary, middle, and high schools, as well as private educational institutions that offer alternative learning environments. Healthcare services are accessible, with local clinics and a hospital that provides emergency care, outpatient services, and specialized medical treatments. Sevierville also boasts a public library system that supports lifelong learning and community engagement. Retail and dining options are abundant, ranging from local boutiques and eateries to well-known chains, reflecting both the town's culture and its appeal to visitors.

How do Sevierville, TN residents get around?

Transportation in Sevierville includes a variety of options for residents and visitors. The town's layout facilitates private vehicle use, with a network of roads connecting to major highways for convenient regional travel. Public transportation services are available, offering routes that connect key areas of the town and surrounding attractions. The community's walkability varies by area, with the downtown district being particularly pedestrian-friendly. Ride-sharing services are operational in Sevierville, providing an alternative mode of transport for those without access to a private vehicle.

Frequently Asked Questions About 720 Sharp Rd

What is the listing price of this property?

The listing price of 720 Sharp Rd property is $2,150,000.

What type of property is this?

The property 720 Sharp Rd is a house located in Sevierville, Tennessee, 37876.

Is this property for sale now?

Active Listing: 720 Sharp Rd 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 $2,845 (source: MLS/based on county public records data).

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

The last sale was on May 2, 2018 for $785,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 720 Sharp Rd has 4 bedrooms and 8 full and 1 half bathrooms.

What is the square footage of this property?

The property 720 Sharp Rd is 7,230 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 720 Sharp Rd is 1996.

Rocket Homes›Tennessee›Sevier County›Sevierville›37876›720 Sharp Rd

This home is located at 720 Sharp Rd in Sevierville, TN and zip code 37876. This 7,230 square foot home, which was built in 1996, sits on a 4.86 acre lot. Features: 4 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $2,150,000.

In November 2024, from all listings sold in Sevierville, TN there were more than 5 sold above asking price, over 24 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in Sevierville, TN between October 2024 and November 2024 increased by 7.4%. The median list price of listings available in November 2024 was $475,000, while the average time on the real estate market was 69 days.

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

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