5 months on rocket

3531 Peggy Ln, Pigeon Forge, TN, 37863

$950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
2,856 SqFt
$333/SqFt
House
Schools Nearby

Location

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3531 Peggy Ln, Pigeon Forge$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff-Street Parking
Year Built2008
HeatingCentral, Electric
CoolingCentral Air
BasementYes
FireplaceGas Log
ViewMountain(s)
MLS #1246375
Lot Size0.45 Acres
StatusActive

About 3531 Peggy Ln

INCOME PRODUCING 5BR/5BA LUXURY LODGE CABIN WITH GAMEROOM, TWO LIVING ROOMS, AND THREE LEVELS OF EXPANSIVE COVERED DECKING IN PIGEON FORGE, TN! GROSS INCOME FOR 2021 WAS $103K AND 2022 $97,530! CITY UTILITIES AND HIGH-SPEED INTERNET! This cabin is being sold fully furnished and turnkey. Interior features include hardwood flooring and tongue and groove walls. Spacious living room with stone accented gas fireplace and leather couch seating for several for relaxing. Currently setup to sleep 12 on the overnight rental program. Open floorplan with fully equipped kitchen with snack bar with additional seating and an eat in dining area. 5 spacious bedrooms with King beds and flat screen TVs, and most with en suite bathrooms. Also, enjoy the lower level gameroom with pool table, multi-arcade, entertainment area, and more! Enjoy the Hot tub on the covered deck and a grill with outdoor dining/seating. Rock in the rocking chairs or swing on one of the two custom swings that seat three! Plenty of parking. Convenient location only one mile off the Parkway to enjoy area attractions, dinner shows, Dollywood, shopping, and more! Short drive to Gatlinburg to take in the Great Smoky Mountains National Park, hiking, sightseeing, and shopping/dining. Must see!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Log
  • Year Built: 2008
  • Living Area: 2,856 SqFt

Listing Office:

  • Office Name: Tennessee Elite Realty
  • Office Phone: (865) 280-4922

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Pigeon Forge High School, Public District Grades 9-12
  • Sevier County High School, Public District Grades 9-12
  • Gatlinburg Pittman High School, Public District Grades 9-12
  • Pigeon Forge Middle School, Public District Grades 5-8
  • Pi Beta Phi Elementary School, Public District Grades KG-8
  • Sevierville Middle School, Public District Grades 6-8
  • Pigeon Forge Primary School, Public District Grades PK-4
  • Sevierville Intermediate School, Public District Grades 3-5
  • Catlettsburg Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From Traffic Light #3 in Pigeon Forge, continue on the Parkway toward Gatlinburg for 1.8 miles. Turn Right onto Ogle Dr. Go 0.4 mile to a Left onto Peggy Ln. Go 0.1 mile to home on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $333/SqFt

Tax Information:

  • Annual Amount: $1,535
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pigeon Forge, TN.

Med. Sold Price

$545K

Med. Price/SqFt

$374

Avg. Days On Market

215

# of Sold Homes

5

3531 Peggy Ln vs Pigeon Forge

158 DAYS ON ROCKET

-57 Days

$950,000

+$405K More

$333/SqFt

-$41 Less

KEY TAKEAWAY

This property is $405K more than the Median Sold Price and $41/SqFt less than other homes in Pigeon Forge, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1246375

Listing Office:

  • Office Name: Tennessee Elite Realty
  • Office Phone: (865) 280-4922

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: 4/27/2024, 12:50:21 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

Jun 26, 2006Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,535$128,675
2019$1,535$74,500
2018$1,535$74,500
2017$1,535$74,500

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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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-1007277
3
/10
  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 4.07 miles

  • Public District Grades PK-4

school-card-donut-1007278
2
/10
  • Sevierville Intermediate School

  • 416 High St

  • 5.59 miles

  • Public District Grades 3-5

school-card-donut-1007279
5
/10
  • Catlettsburg Elementary School

  • 1409 Catlettsburg Rd

  • 8.86 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1007280
4
/10
  • Pigeon Forge Middle School

  • 300 Wears Valley Rd

  • 2.08 miles

  • Public District Grades 5-8

school-card-donut-1007281
4
/10
  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 5.50 miles

  • Public District Grades KG-8

school-card-donut-1007282
3
/10
  • Sevierville Middle School

  • 520 High St

  • 5.50 miles

  • Public District Grades 6-8

High School

school-card-donut-1007283
6
/10
  • Pigeon Forge High School

  • 414 Tiger Dr

  • 2.25 miles

  • Public District Grades 9-12

school-card-donut-1007284
5
/10
  • Sevier County High School

  • 1200 Dolly Parton Pkwy

  • 6.02 miles

  • Public District Grades 9-12

school-card-donut-1007285
7
/10
  • Gatlinburg Pittman High School

  • 150 Proffitt Rd

  • 6.98 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,148. The most common annual income of people living in Pigeon Forge, TN is less than $35k. Typical family type is 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

Frequently Asked Questions About 3531 Peggy Ln

What is the listing price of this property?

The listing price of 3531 Peggy Ln property is $950,000.

What type of property is this?

The property 3531 Peggy Ln is a house located in Pigeon Forge, Tennessee, 37863.

Is this property for sale now?

Active Listing: 3531 Peggy Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3531 Peggy Ln are:
Pigeon Forge Primary School: GreatSchools Rating 3/10
Sevierville Intermediate School: GreatSchools Rating 2/10
Catlettsburg Elementary School: GreatSchools Rating 5/10
Pigeon Forge Middle School: GreatSchools Rating 4/10
Pi Beta Phi Elementary School: GreatSchools Rating 4/10
Sevierville Middle School: GreatSchools Rating 3/10
Pigeon Forge High School: GreatSchools Rating 6/10
Sevier County High School: GreatSchools Rating 5/10
Gatlinburg Pittman High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,535 (source: MLS/based on county public records data).

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

The last sale was on June 26, 2006 for $40,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3531 Peggy Ln has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 3531 Peggy Ln is 2,856 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3531 Peggy Ln is 2008.

Rocket HomesTennesseeSevier CountyPigeon Forge378633531 Peggy Ln

This home is located at 3531 Peggy Ln in Pigeon Forge, TN and zip code 37863. This 2,856 square foot home, which was built in 2008, sits on a 0.45 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 20, 2023 and is currently priced at $950,000.

In March 2024, from all listings sold in Pigeon Forge, TN there were more than 0 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price. Between February 2024 and March 2024, Pigeon Forge, TN real estate market has seen increase in the number of listings by 17.6%. In March 2024, listings were on the market for 215 days. During the same period, the median list price in this real estate market was $545,000.

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

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