new - 1 day on rocket

851 Sourwood Dr, Gatlinburg, TN, 37738

$319,000

1.02 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontOther
MLS #1283958
Lot Size1.02 Acres
StatusActive

About 851 Sourwood Dr

This property offers an incredible opportunity to build your dream cabin in a breathtaking location! The prime lot boasts a million-dollar view, perfect for those who want to immerse themselves in nature while still being conveniently close to local attractions. A standout feature is the existing 3-bedroom septic system, which adds significant value and saves on future construction costs. The lot is just minutes away from Ober Mountain, Gatlinburg, and the entrance to the Great Smoky Mountains, making it an ideal location for both peace and recreation. With such limited availability of properties with views like this, it's a rare find in a highly desirable area. Whether you're looking for a serene getaway or a vacation rental investment, this property is a must-see! Note, some photos are by drone.

Property Details

Property Features

Listing Office:

  • Office Name: Mountain Home Realty
  • Office Phone: (865) 366-4600

Exterior Features

Exterior Information:

  • Waterfront: Other

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Other
  • Lot Size: 1.02 Acres

Other

Directions Information:

  • Directions: GPS friendly. From the Parkway turn onto Wiley Oakley Dr, turn left onto Village Loop Rd, continue onto Sourwood Dr property on left. SOP

Price Information

Listing Price Info

Price Summary:

  • List Price: $319,000

Tax Information:

  • Annual Amount: $244
  • 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

851 Sourwood Dr vs Gatlinburg

1 DAY ON ROCKET

-79 Days

$319,000

-$316.7K Less

KEY TAKEAWAY

This property is $316.7K less than the Median Sold Price in Gatlinburg, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1283958

Listing Office:

  • Office Name: Mountain Home Realty
  • Office Phone: (865) 366-4600

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 26, 2021Home Sold
$134,000
Mar 19, 2004Home Sold
$132,000
Jun 14, 1994Home Sold
$71,769
Sep 13, 1989Home Sold
$63,305

Tax History

YEARPROP. TAXASSESSMENT
2020$244$16,875
2019$244$13,125
2018$244$13,125
2017$604$13,125

History based on county public records data.

Payment Calculator

$1,660

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,023

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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-75120
4
/10
  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 0.96 miles

  • Public District Grades PK-6

school-card-donut-75121
5
/10
  • Pittman Center Elementary School

  • 2455 E Parkway

  • 6.80 miles

  • Public District Grades PK-6

school-card-donut-75122
5
/10
  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 6.97 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,375. Most Gatlinburg, TN residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 851 Sourwood Dr

What is the listing price of this property?

The listing price of 851 Sourwood Dr property is $319,000.

What type of property is this?

The property 851 Sourwood Dr is land located in Gatlinburg, Tennessee, 37738.

Is this property for sale now?

Active Listing: 851 Sourwood 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 $244 (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 26, 2021 for $134,000. (source: MLS/tax record).

How much acreage is this property?

The property 851 Sourwood Dr is 1.02 acres.
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Rocket HomesTennesseeSevier CountyGatlinburg37738851 Sourwood Dr

This home is located at 851 Sourwood Dr in Gatlinburg, TN and zip code 37738. This home sits on a 1.02 acre lot. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $319,000.

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. While the average time on the market in November 2024 was 80 days, the median list price was $635,715.

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

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