Complete real estate information about the Gatlinburg area real estate market and everything related to it including Pigeon Forge and Sevierville as well as the rest of Sevier County and our Great Smoky Mountain National Park area. Current market statistics and new listings including foreclosures are also highlighted here.
An old joke used to go something like this: "The gas war is over - gas won!". That is the way that it looked in East Tennessee over the past few days. Blame it on being near the end of the gasoline pipeline distribution network or maybe good old profiteering but gasoline prices in our area were the highest of anywhere in the U.S. over the weekend.
What does this have to do with Gatlinburg real estate? Well, tourism drives our economy and if fuel is scarce or priced ridiculously high (over $5.00/gallon in some spots for regular grade gasoline on Saturday!) it would eventually have a very serious impact on our local real estate economy. The near panic by locals and tourists alike was remarkable. Couples I know called each other to strategize regarding how many vehicles they could fill before prices went up even further and what if any storage of fuel was possible. I think that I had a little preview of what would happen if prices and/or availability were ever to really get out of hand and I didn't like what I saw. Yes, people were for the most part still courteous but the panic buying of fuel and the long lines at stations that did have gasoline was a little unsettling. With a lot of nerves being shaken in the financial centers of our nation over the weekend as well it hasn't been an easy time for anyone to remain calm.
However, like most storms this one will eventually play out and our lives will return to however close to normal they can become. After a few days of SHARPLY higher prices and several stations running out entirely of all grades of gasoline things are better today. Prices have started to retreat and most gas stations again have gasoline. We have however had a small peak into the future if we as a nation don't become energy independent soon.
In the words of a political action committee: "Drill here, drill now, pay less!". Natural gas fueled vehicles, plug in hybrids, and nuclear power all seem like good ideas as well to me...
Every once in a while, an opportunity arises that we just can't pass up and this fantastic log sided home certainly fell into this category. Private, without another home anywhere in sight, this 3-bedroom, 3-bath house with 3 master suites is located in the coveted Pittman Center area and is perfect as either a residence or a vacation home.
This stunning property features over 280 feet of pristine riverfront on the beautiful cascading white water of the Little Pigeon River and this is no postage stamp sized lot either. It is actually a huge parcel of just under 4 acres. From either of the full length decks, you can view & listen to the beautiful rushing river below. Inside, there is also plenty of room to spread out, with over 3,000 square feet of heated & cooled living space, with large rooms and lots of glass.
Should you ever become tired of being alone, Dollywood is less than 20 minutes away but you would never know it from how perfectly peaceful this location is:
We have recently listed 4 otherwise unrelated Smoky Mountain true luxury properties in Sevier County and these estates are absolutely breathtaking. Whether you are looking for an incredible view from a huge mountain side home overlooking Gatlinburg, a spectacular 100+ acre horse farm estate in the Wears Valley area of Sevierville, the landmark Gatlinburg Castle, or just desire your own massive pristine property surrounded by the State and National Forests, we can satisfy your urge to own an undoubtedly unique Smoky Mountain estate. Click on the caption under each of the pictures below to be directed to a full description of these remarkable Gatlinburg area estate properties.
Gatlinburg area sales rocketed past January 2016's tally and we haven't even got all of the sales reported yet. Because this is only the preliminary total, we could rocket past 2006's red-hot all time record of 210 sales. Here is the initial report of January 2017's blistering sales pace for Smoky Mountain residential real estate sales:
Because of some MLS data errors, January's average sales price is not shown on the report above, but hopefully will be soon...