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215 Lick Hollow Road
Greeneville, TN 37743
Kaitlyn Simerly with KW Johnson City, original listing - (423) 433-6500
$2,950,000
Conventional
Property
Bedroom
4
Bathroom
Full: 6, ½: 1
Property Type
Conventional
Square ft
7941 Square Feet
Property Description
This exceptional estate is a rare offering of elegance, history, and unparalleled craftsmanship. Designed and built by the esteemed John Walker, this single-level masterpiece features four bedrooms and six and a half baths, all thoughtfully designed with comfort and sophistication in mind. Nestled on nearly 20 acres, with the option to purchase and expand to an almost 80-acre retreat, this property offers the perfect balance of privacy and convenience, just minutes from town. From the moment you step inside, the fine details set this home apart. Heated tile floors add warmth to both the kitchen and the owner's suite, where a spa-like bath awaits with a steam shower, jetted soaking tub, and custom tile work. The open layout allows for seamless entertaining, with soaring ceilings, intricate moldings, and abundant natural light. Two fireplaces—one in the living area and another in the owner's suite—enhance the inviting ambiance. A striking piece of history graces the dining area—the chandelier under which General Sherman planned his march to the sea. This extraordinary artifact adds a touch of grandeur to an already remarkable home. Step outside to breathtaking views, where Viking Mountain takes center stage. Overlooking the Appalachian and Smoky Mountains, the estate offers an unmatched setting. A heated pool and gazebo provide a private retreat, while the property's border along Andrew Johnson Golf Club ensures a peaceful backdrop. For guests or extended family, two private apartments offer independent living spaces. The detached garage, known as the ''TAJAM'' shed, is a fully equipped workshop with three-phase power and airline tools. The home is also wired for indoor and outdoor stereo control. More than a home, this is a legacy waiting to be embraced. Some information including sqft is estimated and gathered by CRS tax information. Buyer/buyer's agent to verify any and all information.
Property Information
Lot Size
19 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2000
MLS Number
--
Location
Address
215 Lick Hollow Road
City
Greeneville
State
TN
Zip Code
37743
County
GREENE
Listing
Name
Phone
(423) 433-6500
Office Name
Office Phone
(423) 433-6500
Agent Name
Kaitlyn Simerly
Agency Phone
(423) 433-6500

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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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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.