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3035 Smoky Bluff Tr
Sevierville, TN 37862
$5,499,000
Conventional
Property
Bedroom
5
Bathroom
7
Property Type
Conventional
Square ft
15000
Property Description
This home can be your private residence or investment property. Investors take note: Venture Resorts guarantees a minimum of $400,000 in rental income for the first year. Music is called the universal language, understood by all who experience it. And while a single line of music can be played by any musician regardless of their native spoken language, it can be interpreted and performed in thousands of ways. Songs can evoke strong emotions, they can provide inspiration and comfort, and bring joy, excitement, peace and wonder to those who experience it. Welcome to 3035 Smoky Bluff Trail, a true symphonic masterpiece. The rolling summit of Mount LeConte, one of the highest peaks in the Great Smoky Mountains provides the background rhythm, seen rising and falling from every room at the back of this home as the sun breaks the horizon. This natural masterpiece is the perfect inspiration for the musician choosing to create their own compositions in the expansive recording studio, tucked away in the lower level of the home. This 1,500 sq. ft. heated and cooled space is surrounded by Acoustiblok and Safe & Sound walls and floating floors and comes complete with a separated control room and a private studio entrance. On the main level of the home, the symphony continues, with a soaring 37-foot ceiling in the great room, with a floor-to-ceiling stacked stone fireplace, complemented by a stone archway, giving the room a solid, grand introduction. The primary suite has a fireplace of its own, and a private bath, allowing the owner to unwind in a true spa setting in a wet steam shower with a Bluetooth surround system, and a dry sauna. In harmony with the great room is the expansive kitchen with the finest of instruments ready to be played. From the well-scaled appliances like double ovens, a 6-burner Wolf gas range and a commercial-grade refrigerator and freezer to the smooth, custom soft-close cabinetry, granite countertops and walk-in pantry, this kitchen is ready for an audience. And the entertainment can continue outdoors in the fresh-air kitchen, complete with a wine cooler on the covered patio, where you'll find the third stone fireplace. In addition to the musical arts, the art of visual entertainment is enjoyed through 4k projection on a 160-inch screen encircled by the 9.2 speaker system in true theater seats. There is a casual space downstairs as well, with the fourth stone fireplace, and a kitchenette for snacks at intermission. Each level is accessed by a commercial elevator, and all there is to enjoy is accessible due to ADA compliance. At any performance, parking is a consideration, but not to worry. There are three garage bays on the main level of the home, an additional, detached, 1,500 sq. ft. two-car garage, and a single garage that connects to the music studio. Next to the garage is a full-scale gym for those wishing to keep their health in tune. When it comes time to store the instruments of life, enjoy a storage room above the main level garage, an electric lift to enable additional storage space, an incredible number of closets punctuate the entire home, and there is a safe room. And when it's time for the volume to lower and the day's performance to end, there are five bedrooms and a loft, served by four full bathrooms and three half baths. This home is truly built for those who wish to experience a lifestyle surrounded by nature's art, on 4.65 acres and within 15,000 sq. ft. of unique space meant to enchant, enable and inspire.
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential
Year Built
2020
MLS Number
1229148
Location
Address
3035 Smoky Bluff Tr
City
Sevierville
State
TN
Zip Code
37862
County
SEVIER
Listing
Provider
Name
Wallace
Phone
(865) 584-4000
Office Name
Wallace
Office Phone
(865) 584-4000
Agent Name
Jennifer Scates

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.