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5042 SETTLERS VIEW LNSevierville, TN 37862
$675,000  
3  Bd
3  Ba
1,786  Sq. Ft.
Like Property
Key Insights
B-
Overall Niche neighborhood grade
This neighborhood is a desirable place to live! See details
NEW
Market Data
B
Overall Niche school grade
The public schools in this area are good! See details

Awning Agent
Humberto Marquez
Humberto Marquez
#: 366884
Humberto has four years of real estate experience prior to working for Awning. He has helped hundreds of clients across multiple real estate markets with buying properties and actively invests himself. Feel free to ask him any questions you have about Awning, investing, or any listing.
Note from Humberto

Furnishing Budget

$32,860

The budget includes cost of designing the space, the cost of the furniture throughout the entire home, outdoor amenities that are shown to increase average daily rates (ADR) and the cost of shipping and assembly of furniture.


Renovation Cost Estimate

$5,000

Some additional repairs to improve the house's appearance and to ensure the property is rent ready



Highlights

  • The home is located minutes drive from Wears Valley Zipline Adventures, Townsend, The Island in Pigeon Forge, Dollywood, Smoky Mountain Alpine Coaster, Gatlinburg, and Great Smoky Mountains National Park
  • The home has an HOA fee of $25/per month
  • The home is not located in a flood zone


Comps

Use our Estimator tool to find great comps: click here

Ask Humberto a question
Response time: typically within an hour
Text or call  415-941-3401

Description
Massive Price Drop! Highly motivated sellers,please bring an offer! Located in the Homestead of Wears Valley just minutes to Pigeon Forge and the Great Smoky Mountains National Park. A perfect residence, vacation home or short-term rental. This one-of-a-kind, beautifully designed, custom home with seasonal views was lovingly built in 2018 by the current owners. The 450Ft gravel driveway leads you to this beautiful cabin. Upon entering you'll immediately notice the high vaulted tongue and groove, 8' foot, wood ceilings. The back wall of windows will let you enjoy the seasonal views of the Smoky Mountains. The living room showcases a stone gas fireplace and wood flooring. The kitchen features granite counter tops and stainless-steel appliances with custom soft close cabinetry. The split design offers 2 large bedrooms with ensuites. Upstairs is the cutest loft area for reading, playing card games, sleeping. Additional features include a covered deck that wraparounds to a covered porch. The lower level has a large partially finished basement reinforced with carbon fiber and 17 ft ceilings that can be converted into another living area, workshop, media and entertainment rooms. Estimated projected earnings from a local rental company is in the $60K range, if media room or indoor putt putt addition would increase potential earnings to the $80-$90K range. THIS IS A MUST SEE!
Read more
Listed by: Luisa Dees · DRE#: 3905 · Prime Mountain PropertiesSource: MLS logo gsmaor · MLS#: 256448 · Originating MLS: Great Smoky Mountains AORAwning last checked: today at 5:33 PM | Last updated 08/29/2023Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$554
$/Unit
$989,000
Lot size
35,719
Built in
2018
Days on Awning
366

Copyright: Listing Information © 2024 Great Smoky Mountains Association of Realtors®. All Rights Reserved.Disclaimer: All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information.MLS logo
 
Awning Analysis The following projections are computed using a proprietary formula. It is a starting point in determining the financial potential for a specific property. The analysis is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account.
Monthly Estimated Airbnb Revenue
$8,800

NeighborhoodGet to know what living in 37862 is like.
Report Card for 37862Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
B-

Public Schools
B
Commute
B+
Cost of Living
B
Crime & Safety
B-
Diversity
B
Good for Families
B-
Jobs
B
Walkability
C+
Data provided by Niche.

Living in 37862
Bars
B-
Coffee Shops
A-
Health & Fitness
C+
Nightlife
A-
Outdoor Activities
B
Parks
B-
Restaurants
A
Weather
B-
Data provided by Niche.

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Schools in 37862
This is based on data from the U.S. Department of Education along reviews from students and parents.
Overall GradeThis home is in an B school district, meaning the public schools in this area are good!
B

Gatlinburg Pittman High SchoolGrades 9 to 12Serves this home • 22.1 miles away
A
Academics
A-
Teachers
A-
Student-Teacher Ratio
14:1
Total Students
603
Pittman Center Elementary SchoolGrades PK, K to 8Serves this home • 25.6 miles away
B-
Academics
B
Teachers
B+
Student-Teacher Ratio
15:1
Total Students
334
Catlettsburg Elementary SchoolGrades PK, K to 6Serves this home • 21.4 miles away
B-
Academics
B
Teachers
B+
Student-Teacher Ratio
16:1
Total Students
621
Pigeon Forge High SchoolGrades 9 to 12Serves this home • 11.8 miles away
B+
Academics
B
Teachers
A-
Student-Teacher Ratio
13:1
Total Students
707
Seymour High SchoolGrades 9 to 12Serves this home • 16.3 miles away
B
Academics
B
Teachers
B
Student-Teacher Ratio
13:1
Total Students
775
School data provided by Niche.  School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
37862 StatsSee how this home compares to the zip code medians.
37862 Median
Home Value
$194,700
Rent
$773
Rent-to-Income
21.4%
Income
$43,266
This Home
Listing Price
$675,000247% higher than zip
Rent
$2,160179% higher than zip
Rent to Income
59.9%179% higher than zip
Market statistics provided by Niche.


Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
This chart is unavailable due to screen size
in Year 2019
  • 37862
    $64k
  • County
    $62k

Population
See how the area’s total population has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 37862
    22,481
  • Average in County
    6,226

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 3786259%
% Owner Occupied for County78%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 3786260%
% White Collar for County52%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
3786217%
County16%

Age Distribution 37862
See the distribution of people by age in 37862.
Under 2024%
20 - 4431%
45-6425%
65+21%