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For sale
  • Price cut: $20K (6/22)
    $279,000

    225 Collier Dr #1505, Sevierville, TN 37862

    1beds
    596sqft
    : 
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    Condominium, Residential
    Built in 2004
    -- sqft lot
    $-- Zestimate®
    $468/sqft
    $753/mo HOA

    What's special

    Updated bathroom finishesWarm and welcoming atmosphereBeautifully appointed condo
    Welcome to an exceptional opportunity to own a beautifully appointed condo at Governor's Crossings that sleeps six, blends comfort, convenience, and consistent income--all in one inviting package. This is more than just an investment property; it's a place where families create lasting memories, where guests return year after year, and where you can enjoy the rewards of ownership without the day-to-day responsibilities of managing it yourself. From the moment you step inside, you'll notice the warm and welcoming atmosphere that makes this condo so appealing to guests. Thoughtfully designed and fully furnished, the space offers a perfect balance of style and functionality. Whether visitors are staying for a weekend getaway or an extended vacation, they'll feel right at home. The open living area invites relaxation after a day of exploring, while the full kitchen--complete with granite countertops and modern appliances--provides everything needed for preparing meals and gathering together. The bedroom is designed with comfort in mind, offering restful accommodations that help guests unwind. With additional sleeping space from the sleeper sofa, the unit comfortably accommodates up to six guests, making it ideal for families and small groups. The living room also includes a fireplace insert providing both cozy warmth in the wintertime and a restful ambiance. Every detail, from the updated bathroom finishes to the in-room amenities like a safe, ironing board, and hair dryer, has been carefully considered to enhance the guest experience. What truly sets this property apart is its seamless ownership experience. This condo is part of a professionally managed rental program, meaning everything is handled for you--from bookings and guest services to maintenance and regular updates. The management team ensures the unit remains fresh, attractive, and competitive in the market, thereby helping maintain strong occupancy rates and positive guest reviews. As an owner, you can enjoy peace of mind knowing your investment is being cared for with attention and expertise. Whether you're looking to diversify your portfolio, generate passive income, or own a vacation retreat that works for you, this condo offers a compelling and reliable opportunity. Beyond the unit itself, the resort experience is what truly elevates this property into something special. Guests are drawn to the wide array of amenities that create a fun, engaging, and memorable stay for all ages. From the excitement of indoor and outdoor water features to the relaxation of hot tubs, saunas, and fire pits, there is something for everyone to enjoy. Families appreciate the thoughtful touches, such as playgrounds, mini golf, game rooms, and organized activities that keep children entertained while adults unwind. The sense of community and hospitality throughout the resort adds to its charm. Seasonal events and year-round activities create a lively, welcoming environment that encourages repeat visits. 2024 - Rental Income - $40,747, 2025 - Rental Income - $35,677.
    64 days
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    68
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    John Hale 423-429-8420,

    Franklin Realty 865-484-0660

    Source: Lakeway Area AOR,MLS#: 711102MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Bedroom 1
      • Level: Main
      Bathroom
      • Level: Main
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Central, Fireplace(s), Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
      • Laundry: In Hall
      Features
      • Granite Counters
      • Flooring: Carpet, Ceramic Tile
      • Has basement: No
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 596
      • Total interior livable area: 596 sqft
      • Finished area above ground: 596
      • Finished area below ground: 0

      Property

      Accessibility
      • Accessibility features: Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen Appliances, Common Area
      Features
      • Has private pool: Yes
      • Pool features: Association, Community, In Ground, Indoor, Outdoor Pool
      • Has view: Yes
      Details
      • Parcel number: 072 15508C082

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Residential
      • Attached to another structure: Yes
      Materials
      • Stone, Synthetic Stucco
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 2004
      • Major remodel year: 2004

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Sewer Connected, Cable Internet

      Community & HOA

      HOA
      • Has HOA: Yes
      • Amenities included: Cable TV, Electricity, Fitness Center, Game Room, Gas, Indoor Pool, Landscaping, Maintenance Grounds, Management
      • Services included: Maintenance Grounds
      • HOA fee: $753 monthly
      • HOA name: The Resort at Governor's Crossing
      Location
      • Region: Sevierville

      Financial & listing details

      • Price per square foot: $468/sqft
      • Tax assessed value: $151,500
      • Annual tax amount: $1,154
      • Date on market: 5/18/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/22/2026Price change$279,000-6.7%$468/sqft
        Source: Lakeway Area AOR #711102 Report a problem
        5/18/2026Listed for sale$299,000$502/sqft
        Source: Lakeway Area AOR #711102 Report a problem
        4/16/2026Listing removed$299,000$502/sqft
        Source: Lakeway Area AOR #711102 Report a problem
        4/14/2026Listed for sale$299,000+86.9%$502/sqft
        Source: Lakeway Area AOR #711102 Report a problem
        1/10/2020Sold$159,950$268/sqft
        Source: East Tennessee Realtors #1103813 Report a problem
        1/1/2020Pending sale$159,950$268/sqft
        Source: Hometown Realty, LLC #1103813 Report a problem
        1/1/2020Listed for sale$159,950+28.1%$268/sqft
        Source: Hometown Realty, LLC #1103813 Report a problem
        5/6/2004Sold$124,900$210/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,155 $60,600
        2024$1,155 $60,600
        2023$1,155 +60%$60,600 +60%
        2022$722 $37,875
        2021-- $37,875 +54%
        2020$580 +26.7%$24,600
        2019$458 -21.1%$24,600
        2018$580 0%$24,600
        2017$580 $24,600
        2016$580 $24,600 -3.4%
        2015-- $25,475 0%
        2014$494 $25,486
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37862

        Getting around

        33 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sevierville
        • Middle: Sevierville
        • High: Sevier County

        Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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