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.
Faces of Gatlinburg Foreclosures
I often tell people that due to the nature of our Gatlinburg real estate market, it isn't as much fun as it used to be. In an up market, everyone is happier and the job is much more pleasant. In our current market environment, people are often caught in a downward spiral where one bad event leads to another. With many construction related industries shedding jobs there are a lot of skilled and unskilled laborers who are out of work. If you can't work, you can't pay the mortgage and that of course leads to foreclosure. When we see vacation homes in foreclosure, it is still saddening but not to the extent that it is when the home in question is a primary residence. Nothing is sadder than when children are involved as was the case earlier this week.
When we post a house with a foreclosure notice on behalf of the foreclosing entity, they often require photographic evidence of the fact that the former owner has been notified. For this reason, I always take a photo with my cell phone camera of the placed posting and email the image to the bank for their files. All of the above is to explain the photo below:
Look very closely at the image above. You can see where I redacted the street address for the sake of privacy and safety. Look even closer and through the door's glass pane in my shadow, you will see a young girl the age of my granddaughter (5 years old) who lives (for the time being) in this foreclosed home. Blame the banks, realtors, appraisers, builders, or even the buyer - You simply can't blame an innocent child. And this is what I currently DON'T like about my job, even if I was in 2010 the Number One selling agent within the RE/MAX system within all of Tennessee.
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...