7 months on rocket

3005 Blue Springs Way, Sevierville, TN, 37862

$1,365,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
4 Full Baths
2,644 SqFt
$516/SqFt
House
Schools Nearby

Location

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3005 Blue Springs Way, Sevierville$1,365,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached, Side/Rear Entry, Main Level, Off-Street Parking
Garage1 space
Year Built2004
HeatingHeat Pump, Electric
CoolingCeiling Fan(s), Zoned
FireplaceMasonry, Pre-Fab, Free Standing, Wood Burning, Wood Burning Stove
ViewMountain(s), Trees/Woods
MLS #1241500
Lot Size28.90 Acres
StatusActive

About 3005 Blue Springs Way

Nestled in the heart of picturesque Wears Valley, 3005 Blue Springs is a sprawling 30-acre estate with a stunning vista of Cove Mountain. Every corner of Blue Springs Estate promises serenity and inspiration. Here are a few details to share. Blue Springs Estate has upper and lower gated entrances, four ''911 addresses have been assigned, four buildings, three ''sweet water'' wells plus three septic systems. There are several choices of additional building sites offering views for future development. The private drive has three switchbacks and travels nearly a half-mile between the lower and upper gates. In a word, Blue Springs Estate is complex in a unique way and worth the effort to comprehend for your real estate needs. At the core of 3005 Blue Springs is a generous 2,600+ sq ft estate house that blends comfort and elegance. Its expansive great room seamlessly weaves together the living room with fire place, dining room, and kitchen; creating an inviting space for family moments. The main level of the estate house also supports a bedroom with private screened patio, bathroom plus a utility room. In addition, the great room flows out to a ground level outdoor entertainment area. The utility room offers ingress/egress complete with a command center for a floor radiant heating system plus washer and dryer. The upper-level contains two additional bedrooms, a second bathroom plus an expansive family room - perfect for cozy evenings or lively gatherings. The second of four buildings located in Blue Springs Estate is the Octagon House. This was utilized as an original living residence during the construction of the Estate House. The Octagon House is unique and can be rented or used as a guest cabin. Between The Estate House and the Octagon House is a two-story split face block construction work shop with an upper-level office space. The black top drive turns to gravel past the Estate House to the upper reaches of the property. Here the route passes both the middle and upper switchbacks, each with sweeping views of Wears Valley and the Smokies beyond. Each switchback has potential building sites. Topping out on the upper most reaches of the property is perhaps the crown jewel of the Estate known as the Art Tower (AKA The Castle). The Art Tower beckons the inspired soul with its upper-level studio space with 360-degree windows showcasing the view. The Art Tower's lower level has a full bath plus storage and water treatment equipment. Near to the Art Tower is the upper gate serving as an alternative entrance to the properties upper elevations and is accessed via Margaret Hollow Way. In addition, the upper elevation area of Blue Springs Estate including the Art Tower has received a 911 address 3009 Blue Springs Way. The complex nature of 3005 Blue Springs with its possibilities are endless. Whether you envision it as a cherished family retreat, multiple homesteads, or a prime overnight rental, Blue Springs' strategic location is unparalleled. You're just moments away from the area's iconic attractions. For example, The new segment of the Foothills Parkway plus the stealth entrance to the Great Smoky Mountain National Park via Metcalf Bottoms are both nearby. The attractions and shopping of Pigeon Forge are within a 15-minute drive. Buyers are welcome to determine the highest and best personal use of this unique Estate nestled in Wears Valley. Come immerse yourself and experience the magic of this breathtaking estate before it's embraced by another!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Contemporary, Chalet
  • Year Built: 2004
  • Living Area: 2,644 SqFt

Listing Office:

  • Office Name: Century 21 Legacy
  • Office Phone: (865) 436-7121

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Hardwood, Tile, Slate
  • Interior: Cathedral Ceiling(s), Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Masonry, Pre-Fab, Free Standing, Wood Burning, Wood Burning Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s), Trees/Woods
  • Exterior: Patio, Porch - Covered, Porch - Screened, Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Side/Rear Entry, Main Level, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Private, Wooded, Irregular Lot, Rolling/Hilly
  • Lot Size: 28.90 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Electric
  • Cooling: Ceiling Fan(s), Zoned

School Info

Assigned Schools Information:

  • Pigeon Forge High School, Public District Grades 9-12
  • Gatlinburg Pittman High School, Public District Grades 9-12
  • Sevier County High School, Public District Grades 9-12
  • Wearwood Elementary School, Public District Grades KG-8
  • Pigeon Forge Middle School, Public District Grades 5-8
  • Pi Beta Phi Elementary School, Public District Grades KG-8
  • Pigeon Forge Primary School, Public District Grades PK-4
  • Sevierville Intermediate School, Public District Grades 3-5
  • Seymour Intermediate School, Public District Grades 3-5

Other

Directions Information:

  • Directions: From dwtn. Pigeon Forge on the Parkway (U.S. Hwy. 441), turn at Traffic Light #3 onto Wears Valley Rd. (U.S. Hwy. 321), and go for 8 mi., into Wears Valley, & then make a right onto Willow Tree Rd. Go on Willow Tree Rd. for 1/2 mi., & make a very slight left (more straight than left), onto Blue Springs Way (road turns into Margaret Hollow Way, but continue straight) for 1.2 miles, & veer right onto a private drive, following all the way up the property. Main house is 3005 Blue Springs Way, & the 3001 & 3003 are at the start of the property, with 3009 being at the top of the ridge line.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,365,000
  • Price Per SqFt: $516/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,137
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$475K

Med. Price/SqFt

$289

Avg. Days On Market

55

# of Sold Homes

67

3005 Blue Springs Way vs Sevierville

210 DAYS ON ROCKET

+155 Days

$1,365,000

+$890K More

$516/SqFt

+$227 More

KEY TAKEAWAY

This property is $890K more than the Median Sold Price and $227/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: #1241500

Listing Office:

  • Office Name: Century 21 Legacy
  • Office Phone: (865) 436-7121

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: 4/29/2024, 11:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,137$77,450
2019$1,137$61,150
2018$1,137$61,150
2017$1,137$61,150

History based on county public records data.

Payment Calculator

$6,880

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,159

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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-3409230
3
/10
  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 4.20 miles

  • Public District Grades PK-4

school-card-donut-3409231
2
/10
  • Sevierville Intermediate School

  • 416 High St

  • 10.48 miles

  • Public District Grades 3-5

school-card-donut-3409232
5
/10
  • Seymour Intermediate School

  • 212 N Pitner Rd

  • 11.65 miles

  • Public District Grades 3-5

Middle School

school-card-donut-3409233
5
/10
  • Wearwood Elementary School

  • 3150 Wearwood Dr

  • 0.48 miles

  • Public District Grades KG-8

school-card-donut-3409234
4
/10
  • Pigeon Forge Middle School

  • 300 Wears Valley Rd

  • 6.16 miles

  • Public District Grades 5-8

school-card-donut-3409235
4
/10
  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 7.83 miles

  • Public District Grades KG-8

High School

school-card-donut-3409236
6
/10
  • Pigeon Forge High School

  • 414 Tiger Dr

  • 6.21 miles

  • Public District Grades 9-12

school-card-donut-3409237
7
/10
  • Gatlinburg Pittman High School

  • 150 Proffitt Rd

  • 11.32 miles

  • Public District Grades 9-12

school-card-donut-3409238
5
/10
  • Sevier County High School

  • 1200 Dolly Parton Pkwy

  • 11.53 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,267. Residents of Sevierville, TN typically earn between $35k-100k each year. Residents typically live in married, no kids family. 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 3005 Blue Springs Way

What is the listing price of this property?

The listing price of 3005 Blue Springs Way property is $1,365,000.

What type of property is this?

The property 3005 Blue Springs Way is a house located in Sevierville, Tennessee, 37862.

Is this property for sale now?

Active Listing: 3005 Blue Springs Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3005 Blue Springs Way are:
Pigeon Forge Primary School: GreatSchools Rating 3/10
Sevierville Intermediate School: GreatSchools Rating 2/10
Seymour Intermediate School: GreatSchools Rating 5/10
Wearwood Elementary School: GreatSchools Rating 5/10
Pigeon Forge Middle School: GreatSchools Rating 4/10
Pi Beta Phi Elementary School: GreatSchools Rating 4/10
Pigeon Forge High School: GreatSchools Rating 6/10
Gatlinburg Pittman High School: GreatSchools Rating 7/10
Sevier County 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 $1,137 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3005 Blue Springs Way has 3 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 3005 Blue Springs Way is 2,644 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3005 Blue Springs Way is 2004.

Rocket HomesTennesseeSevier CountySevierville378623005 Blue Springs Way

This home is located at 3005 Blue Springs Way in Sevierville, TN and zip code 37862. This 2,644 square foot home, which was built in 2004, sits on a 28.90 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 02, 2023 and is currently priced at $1,365,000.

Sevierville, TN housing market in March 2024 saw over 7 listings sold above listed price, more than 6 sold at listed price and over 53 sold below. The number of listings in Sevierville, TN increased by 19.9% between February 2024 and March 2024. In March 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $475,000.

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

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