9 months on rocket

605 Cornerstone Way, Gatlinburg, TN, 37738

$945,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,728 SqFt
$547/SqFt
House
Schools Nearby

Location

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605 Cornerstone Way, Gatlinburg$945,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDesignated Parking, Main Level
Year Built2003
HeatingCentral, Electric
CoolingCentral Air
FireplaceGas Log
ViewMountain(s)
MLS #1229128
Lot Size0.01 Acres
StatusActive

About 605 Cornerstone Way

Welcome to 'A Espectacular View,' a stunning and well-appointed cabin nestled in an ideal location for those seeking a perfect blend of tranquility and accessibility. Strategically positioned for quick drives to Pigeon Forge, Gatlinburg, and the National Park, this property offers not only breathtaking views but also a myriad of features that make it a prime investment opportunity for short-term rental enthusiasts. Key Features: Location: Ideally situated for quick drives to Pigeon Forge, Gatlinburg, and the National Park. Bedroom Configuration: Bedroom #1: Generous primary bedroom with a king-sized bed, in-room amenities, attached shared private bathroom, and deck access. Bedroom #2: Additional primary bedroom with a king-sized bed, attached private bathroom, and private outdoor deck access. Bedroom #3: Originally intended as a bedroom but converted into a captivating game room with a mini fridge, TV, pool table, and access to the deck. Also includes a full bathroom. Entertainment and Amenities: Private hot tub. Game room featuring an arcade and pool table. Two outdoor decks showcasing stunning mountain views. Living room with a fireplace, large TV, and deck access for enjoying the sunset. Kitchen with stainless steel appliances. Additional arcades on the main floor for added entertainment. Flat parking space for four vehicles. Turn-Key Sale: The cabin is being sold fully equipped and turn-key, providing convenience for potential buyers. Short-Term Rental Potential: Currently used as a Short-Term Rental. Flexibility for self-management or the option to choose a management company. Investment Opportunity: 'A Espectacular View' not only offers a luxurious and comfortable retreat but also presents a lucrative investment opportunity. With its prime location, turn-key nature, and short-term rental potential, this property is poised to provide both a serene getaway and a smart investment for those looking to venture into the vacation rental market. Explore the 3D virtual tour to experience firsthand the charm and potential of this exceptional mountain cabin.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Log
  • Year Built: 2003
  • Living Area: 1,728 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 688-3232

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Cathedral Ceiling(s)
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Deck

Parking Information:

  • Attached Garage: No
  • Parking: Designated Parking, Main Level

Virtual/3D Tour

  • 3D Tour: 605 Cornerstone Way

3D Tour

Lot Features

Lot Information:

  • Lot: Irregular Lot, Rolling/Hilly
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Gatlinburg Pittman High School, Public District Grades 9-12
  • Pigeon Forge High School, Public District Grades 9-12
  • Sevier County High School, Public District Grades 9-12
  • Pi Beta Phi Elementary School, Public District Grades KG-8
  • Catons Chapel Elementary School, Public District Grades PK-8
  • Pittman Center Elementary School, Public District Grades PK-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: Take exit 407 from I-40 East. This exit will lead you to TN-66 South/Winfield Dunn Parkway in Sevierville. Continue driving towards Gatlinburg. Once you reach Gatlinburg, cross the Legion Field Bridge and make a left turn. Keep driving for about half a mile until you reach Beech Branch Rd. After 1.1 miles, make a left turn onto Timber Ridge Rd. Continue straight onto Hazy Cir. In 300 feet, make a left turn onto Cornerstone Way. The first cabin will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $945,000
  • Price Per SqFt: $547/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $937
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$608.9K

Med. Price/SqFt

$394

# of Sold Homes

17

605 Cornerstone Way vs Gatlinburg

298 DAYS ON ROCKET

$945,000

+$336K More

$547/SqFt

+$152 More

KEY TAKEAWAY

This property is $336K more than the Median Sold Price and $152/SqFt more than other homes in Gatlinburg, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1229128

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 688-3232

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: 3/28/2024, 2:20:32 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

Apr 03, 2007Home Sold
$295,000

Tax History

YEARPROP. TAXASSESSMENT
2020$937$88,025
2019$937$50,375
2018$937$50,375
2017$937$50,375

History based on county public records data.

Payment Calculator

$4,817

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,900

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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-7593675
3
/10
  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 7.82 miles

  • Public District Grades PK-4

school-card-donut-7593676
2
/10
  • Sevierville Intermediate School

  • 416 High St

  • 8.76 miles

  • Public District Grades 3-5

school-card-donut-7593677
5
/10
  • Catlettsburg Elementary School

  • 1409 Catlettsburg Rd

  • 12.12 miles

  • Public District Grades KG-6

Middle School

school-card-donut-7593678
4
/10
  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 2.32 miles

  • Public District Grades KG-8

school-card-donut-7593679
5
/10
  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 4.83 miles

  • Public District Grades PK-8

school-card-donut-7593680
5
/10
  • Pittman Center Elementary School

  • 2455 East Pw

  • 6.13 miles

  • Public District Grades PK-8

High School

school-card-donut-7593681
7
/10
  • Gatlinburg Pittman High School

  • 150 Proffitt Rd

  • 3.11 miles

  • Public District Grades 9-12

school-card-donut-7593682
6
/10
  • Pigeon Forge High School

  • 414 Tiger Dr

  • 6.32 miles

  • Public District Grades 9-12

school-card-donut-7593683
5
/10
  • Sevier County High School

  • 1200 Dolly Parton Pkwy

  • 8.52 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,006. Most Gatlinburg, TN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Gatlinburg, TN

Types of housing in Gatlinburg, TN.

About one quarter of properties in Gatlinburg were constructed between 1990 and 2000, while many of the remaining buildings were built pre-1960 and in the 1960s. Single detached homes are the most common housing type, representing most dwellings in this city, while large apartment buildings are also present in the housing stock. Around 60% of the population of this city own their home and 40% are renters. This part of Sevier county has a good variety of housing sizes, ranging from lofts to four or more bedrooms.

What is it like to live in Gatlinburg, TN?

Gatlinburg is excellent for those who enjoy quiet surroundings, as the streets are usually very calm.

Is it easy to get around Gatlinburg, TN without a car?

High schools and primary schools are not numerous in Gatlinburg, and therefore not always within walking distance. Concerning eating, reaching one of approximately 30 supermarkets on foot is possible for some, but not all, home buyers in this city. There are also over 100 restaurants and coffee shops in Gatlinburg.

Transportation in Gatlinburg, TN.

Gatlinburg is an extremely good city for driving. It is especially convenient to come across a parking spot. It is challenging for pedestrians to get around in this city because very few daily needs can be met by walking.

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Frequently Asked Questions About 605 Cornerstone Way

What is the listing price of this property?

The listing price of 605 Cornerstone Way property is $945,000.

What type of property is this?

The property 605 Cornerstone Way is a house located in Gatlinburg, Tennessee, 37738.

Is this property for sale now?

Active Listing: 605 Cornerstone 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 605 Cornerstone Way are:
Pigeon Forge Primary School: GreatSchools Rating 3/10
Sevierville Intermediate School: GreatSchools Rating 2/10
Catlettsburg Elementary School: GreatSchools Rating 5/10
Pi Beta Phi Elementary School: GreatSchools Rating 4/10
Catons Chapel Elementary School: GreatSchools Rating 5/10
Pittman Center Elementary School: GreatSchools Rating 5/10
Gatlinburg Pittman High School: GreatSchools Rating 7/10
Pigeon Forge High School: GreatSchools Rating 6/10
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 $937 (source: MLS/based on county public records data).

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

The last sale was on April 3, 2007 for $295,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 605 Cornerstone Way has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 605 Cornerstone Way is 1,728 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 605 Cornerstone Way is 2003.

Rocket HomesTennesseeSevier CountyGatlinburg37738605 Cornerstone Way

This home is located at 605 Cornerstone Way in Gatlinburg, TN and zip code 37738. This 1,728 square foot home, which was built in 2003, sits on a 0.01 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 04, 2023 and is currently priced at $945,000.

In February 2024, from all listings sold in Gatlinburg, TN there were more than 3 sold above asking price, over 12 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Gatlinburg, TN between January 2024 and February 2024 increased by 18.7%.

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

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