3 months on rocket

2050 E Millers Cove Rd, Walland, TN, 37886

$6,500,000

7 Bedrooms
5 Full Baths, 1 Partial
4,160 SqFt
$1,563/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Detached, RV Parking
Garage2 spaces
Year Built1976
HeatingForced Air, Heat Pump, Propane, Electric
CoolingCentral Air
WaterfrontRiver
FireplaceMasonry, Wood Burning, Gas Log
ViewMountain(s), Trees/Woods
MLS #1250455
Lot Size174.00 Acres
StatusActive

About 2050 E Millers Cove Rd

The perfect culmination of natural beauty, tranquility and seclusion nestled in the heart of the Smoky Mountains. Located in Walland, Tennessee, this exclusive lodge includes 174 acres of land with old-growth hardwood forest, spring-fed mountain streams, miles of roads, and phenomenal 360-degree ridge top views. The location is so perfect that the world-renowned Blackberry Farm chose to build their secluded resort, Blackberry Mountain, across the road from this property. An unrestricted recreational paradise with limitless possibilities, this exclusive retreat has all the markings of a hidden private resort yet the ability to subdivide into multiple estate-sized homesites, if desired. Nestled in the valley is a beautifully remodeled and fully furnished seven-bedroom, five-bathroom lodge with detached game room, two pavilions with stone fireplaces, outdoor chapel, ample bus/RV parking, large storage building with electricity, a storm shelter and two standby generators with two-one thousand gallon propane tanks. From the back door of the lodge, there are miles of trails to hike or ride traversing the ridgetops with seemingly limitless Smoky Mountain views and secluded valleys teeming with wildlife. A once-in-a-lifetime property magnificently isolated for a measure of privacy that you'll truly appreciate. From here you're so convenient to exceptional destinations: 8 miles to Pigeon Forge, 12 miles to Maryville, only 18 miles away from Knoxville's McGee Tyson Airport and only a 20-minute drive from the splendor of the Great Smoky Mountains National Park. Additional acreage is available. Private, guided tours provided to prequalified buyers.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1976
  • Living Area: 4,160 SqFt

Listing Office:

  • Office Name: ReMax First
  • Office Phone: (865) 981-1004

Interior Features

Interior Information:

  • Appliances: Generator, Dishwasher, Dryer, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Laminate, Tile
  • Interior: Cathedral Ceiling(s), Pantry
  • Fireplace: Masonry, Wood Burning, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: River
  • View: Mountain(s), Trees/Woods
  • Exterior: Porch - Screened

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage Door Opener, Detached, RV Parking

Lot Features

Lot Information:

  • Lot: River
  • Lot Size: 174.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump, Propane, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Heritage High School, Public District Grades 9-12
  • Heritage Middle School, Public District Grades 6-8
  • Walland Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Downtown Maryville: Take HWY 321N/E towards Townsend. Turn left at the Walland Post Office on Old Walland HWY then next left on E Millers Cove Rd, Go 5.8 miles, property will be on your right. Strictly controlled access. Must make an appointment with an agent to enter this property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
  • Price Per SqFt: $1,563/SqFt

Tax Information:

  • Annual Amount: $1,861
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$471.5K

Med. Price/SqFt

$224

Avg. Days On Market

27

# of Sold Homes

5

2050 E Millers Cove Rd vs Walland

103 DAYS ON ROCKET

+76 Days

$6,500,000

+$6.0M More

$1,563/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $6.0M more than the Median Sold Price and $1.3K/SqFt more than other homes in Walland, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1250455

Listing Office:

  • Office Name: ReMax First
  • Office Phone: (865) 981-1004

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: 5/2/2024, 12:50:23 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

Aug 07, 1992Home Sold
$205,000
Oct 20, 1989Home Sold
$129,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,861$76,975
2019$4,012$75,325
2018$4,012$162,425

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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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.

Elementary School

school-card-donut-4595937
5
/10
  • Walland Elementary School

  • 247 E Millers Cove Rd

  • 4.61 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4595938
5
/10
  • Heritage Middle School

  • 3737 East Lamar Alex Parkway

  • 7.65 miles

  • Public District Grades 6-8

High School

school-card-donut-4595939
5
/10
  • Heritage High School

  • 3741 East Lamar Alex Parkway

  • 7.50 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,947. Typical income of Walland, TN residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2050 E Millers Cove Rd

What is the listing price of this property?

The listing price of 2050 E Millers Cove Rd property is $6,500,000.

What type of property is this?

The property 2050 E Millers Cove Rd is a house located in Walland, Tennessee, 37886.

Is this property for sale now?

Active Listing: 2050 E Millers Cove Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2050 E Millers Cove Rd are:
Walland Elementary School: GreatSchools Rating 5/10
Heritage Middle School: GreatSchools Rating 5/10
Heritage High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,861 (source: MLS/based on county public records data).

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

The last sale was on August 7, 1992 for $205,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2050 E Millers Cove Rd has 7 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 2050 E Millers Cove Rd is 4,160 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2050 E Millers Cove Rd is 1976.
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Rocket HomesTennesseeBlount CountyWalland378862050 E Millers Cove Rd

This home is located at 2050 E Millers Cove Rd in Walland, TN and zip code 37886. This 4,160 square foot home, which was built in 1976, sits on a 174.00 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $6,500,000.

While more than 0 listings in Walland, TN in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below. The number of listings in Walland, TN increased by 33.3% between March 2024 and April 2024. Listings spent 27 days on the market in April 2024, and had a median list price of $471,500 during the same period.

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

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