$2,495,000

224 Burning Oaks Drive, Sevierville, TN 37876

  • 5 beds |
  • 6 baths |
  • 9,200 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon2.53acre lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $271/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

This stunning estate offers an exceptional living space, luxurious amenities, and an impressive income history-see investment details further down. The 9200 sqft of living space consists of a main house and a spacious attached guest house that provides privacy with its own driveway and entrance. The main house boasts soaring vaulted ceilings, a striking stone fireplace, and a chef's kitchen that's perfect for entertaining. This well equipped kitchen features newly installed Andino white granite countertops, a double oven, an induction cooktop, 2 refrigerators, an expansive 13ft island, and a wet bar. The main home comfortably sleeps 22, with plenty of room for more. Just off the kitchen, step outside to the 50x10-foot screened-in porch that offers seating for 20 guests and has breathtaking views of the professionally landscaped property and the 42-foot heated saltwater pool, complete with a retractable cover, and an attached 8-person waterfall hot tub. Whether you're relaxing or entertaining, this outdoor space is second to none. Downstairs, enjoy a rec room with a pool table, foosball, and shuffleboard, a cozy reading nook, and a state-of-the-art theater room with a 10ft screen, complete with a fireproof room for added peace of mind. Outside off the lower level is another covered seating area and a large gas grill and fire table. The guest quarters are equally as impressive, providing comfortable, spacious and updated accommodations for up to 8 guests including a full kitchen, washer/dryer, bedroom, additional living/sleeping room with a murphy bed, luxurious bathroom and large living area with a cozy fireplace making this an ideal multi-generational or rental setup. There are no stairs to navigate making it very accessible for guests. Step out the back door to relax on your own screened in porch and take in the views of the pool and surrounding landscape. The estate spans over 2.5 acres across three parcels, with a beautifully landscaped upper lot featuring a gazebo that has hosted numerous weddings and events, wood fire pit and swing set. The lower lot has development potential, offering even more opportunities for expansion. Other great features of this property include, but are not limited to, brand new roof, 5'' leaf guard gutters and downspouts, which drain into a 1000-gallon rainwater tank for the irrigation system, further enhancing its sustainability. The basement has been encapsulated and 15 additional inches of blown-in insulation have been added to the attic. In terms of investment, this exceptional Income-producing property has a proven track record, consistently generating over $122,000 during the three months it's rented year after year while the sellers primarily reside here the majority of the year! With a strong rental history spanning several years and over 70 perfect 10/10 reviews on VRBO, this property is proven to be a top choice for short-term rentals. This turnkey investment continues to thrive, already securing 13 reservations for 2025 and a mid-term tenant in the guest quarters for three months. Based on its past performance and market trends in Sevierville, this property is projected to generate approximately $360,000 annually, making it a lucrative short-term rental or seasonal income stream. Rent out both sides individually, together or live in one and rent out the other. Its prime location, desirable amenities, and established success make it an unparalleled opportunity for investors. Whether you continue its thriving rental operation or explore additional potential, this property offers both luxury and substantial earning potential from day one! Located in the Sevierville Smoky Mountains, this property is only about 20 minutes to Pigeon Forge and under 30 Minutes to Dollywood. This is more than just a home; it's an investment, a luxury retreat, and a place where memories are made. Call to schedule your private showing today!

Listing Status:
Active
Date Added:
February 1, 2025 at 06:00AM
Listing Office:
Signature Market Realty, LLC : 865-304-6952
MLS ID:
1288610
  • General: Walk-In Closet(s)Cathedral Ceiling(s)Kitchen IslandPantryWet BarEat-in Kitchen
  • Appliances: DishwasherDisposalDryerMicrowaveRangeRefrigeratorSelf Cleaning OvenWasher
  • Basement: WalkoutFinished
  • Flooring: CarpetHardwoodVinylTile
  • A/C: Central CoolingCeiling Fan(s)
  • Heating: CentralHeat PumpPropaneElectric
  • Fireplace: StoneGas LogFireplaceFireplaces: 3

This listing courtesy of Signature Market Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

New Center Elementary School

2701 Old Newport Hwy, Sevierville, TN, 37876

Grades KG-8

5.00 miles away

N

New Center Elementary School

2701 Old Newport Hwy, Sevierville, TN, 37876

Grades KG-8

5.00 miles away

S

Sevier County High School

1200 Dolly Parton Pkwy, Sevierville, TN, 37862

Grades 9-12

10.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.