Welcome to The Homestead in Wears Valley, where nature meets convenience on this sprawling 5.43-acre lot. Nestled within the picturesque landscape of Homestead Central, this property offers a harmonious blend of wildlife, mature trees including oaks, poplar, and maple, and the allure of tranquil living. The Homestead in Wears Valley boasts underground utilities, ensuring a seamless integration of modern amenities into the natural beauty that surrounds. This lot provides an affordable yet premium living experience. Immerse yourself in the serenity of the surroundings while being conveniently located near Homestead Central, offering easy access to shopping, the Great Smoky Mountain National Park, and the iconic Cades Cove. Seize the chance to build your dream home on this expansive lot, where the essence of nature meets modern comfort. As an added benefit, the seller is committed to contributing up to $2,000 towards Buyer's closing costs, property tax (currenlt $178) AND Buyer's HOA fees (currently $300) for 2 years with an acceptable offer. How attractive is that?!? Don't miss out on this unique opportunity to own a piece of The Homestead in Wears Valley.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams
Office Phone: (865) 977-0770
Exterior Features
Exterior Information:
View: Mountain(s), Trees/Woods
Lot Features
Lot Information:
Lot: Cul-De-Sac, Rolling/Hilly, Wooded
Lot Size: 5.43 Acres
Other
Directions Information:
Directions: From Hwy 321 (Wears Valley Road), turn onto Happy Hollow Road. Go approximately 2.5 miles to Left onto Whetstone Rd. In 0.3 miles, stay Straight to continue onto Deep Springs Lane. No sign on property due to restrictions.
Price Information
Listing Price Info
Price Summary:
List Price: $175,000
HOA Fees:
Amount: $300
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sevierville, TN.
This property is $311K less than the Median Sold Price in Sevierville, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1247801
Listing Office:
Office Name: Keller Williams
Office Phone: (865) 977-0770
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$966
Per Month
Principal & Interest
$874
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$25
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$591
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Townsend Elementary School
140 Tiger Dr
Distance between this listing and this school4.56 miles
Public District Grades PK-5
3
/10
Pigeon Forge Primary School
1766 Waldens Creek Rd
Distance between this listing and this school6.07 miles
Public District Grades PK-3
5
/10
Walland Elementary School
247 E Millers Cove Rd
Distance between this listing and this school6.35 miles
Public District Grades PK-5
Nearby Schools
5
/10
Wearwood Elementary School
3150 Wearwood Dr
Distance between this listing and this school2.98 miles
Public District Grades KG-8
4
/10
Pigeon Forge Junior High School
300 Wears Valley Rd
Distance between this listing and this school8.50 miles
Public District Grades 7-9
5
/10
Heritage Middle School
3737 E Lamar Alexander Pkwy
Distance between this listing and this school9.76 miles
Public District Grades 6-8
Nearby Schools
5
/10
Pigeon Forge High School
414 Tiger Dr
Distance between this listing and this school8.50 miles
Public District Grades 10-12
6
/10
Heritage High School
3741 E Lamar Alexander Pkwy
Distance between this listing and this school9.64 miles
Public District Grades 9-12
7
/10
Seymour High School
732 Boyds Creek Hwy
Distance between this listing and this school11.45 miles
The neighbors living near this home have an average income of $49,267. Residents of Sevierville, TN typically earn between $35k-100k each year. The majority of families are married, 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 type of housing is available 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.
Is Sevierville, TN a good place to live?
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 things conveniently located in Sevierville, TN?
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.
What does the transportation in Sevierville, TN look like?
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 LOT6 Deep Spring Ln
What is the listing price of this property?
The listing price of LOT6 Deep Spring Ln property is $175,000.
What type of property is this?
The property LOT6 Deep Spring Ln is land located in Sevierville, Tennessee, 37862.
Is this property for sale now?
Active Listing: LOT6 Deep Spring Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at LOT6 Deep Spring Ln in Sevierville, TN and zip code 37862. This home sits on a 5.43 acre lot. It has been listed on Rocket Homes since December 11, 2023 and is currently priced at $175,000.
While more than 5 listings in Sevierville, TN in October 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 38 were sold below. The number of homes for sale in Sevierville, TN increased by 10.8% between September 2024 and October 2024. In October 2024, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $486,000.
From Rocket Homes Real Estate and based on county public records data.