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Off market
  • $1,065,300

    511 Patterson Ln, Gatlinburg, TN 37738

    6beds
    5,050sqft
    SingleFamily
    Built in 1990
    0.85 Acres Lot
    $1,065,300 Zestimate®
    $211/sqft
    $4,227 Estimated rent

    Home value

    $1,065,300

    $874,000 - $1.29M

    $4,227/mo

    Zestimate® history
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    $6,034/mo

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    What's special

    LOCATION, LOCATION, LOCATION! This massive 6BR lodge with breathtaking views is located within minutes to all the action of Gatlinburg, TN! Priced $90,000 under recent appraised value of $615,000! Being sold mostly furnished! Bring your imagination and this will be a show place! Currently accommodates up to 18 people. You will not find another property with this much space, easy access, and NO STEEP Roads and all city utilities. Very nice useable yard space with it sitting on 0.85ac with outdoor space for grilling, firepit, etc. Interior features include an oversized living room with soaring vaulted ceilings, bamboo wood flooring, and a woodburning stone fireplace. Spacious fully equipped kitchen with tile, a nice desk area, and an abundance of cabinet space! Dining room surrounded with windows to take in the beautiful views and the serene setting. Great room on main level also for entertaining. Bedrooms are very spacious and Master Suite features a private bath with jet tub. Gameroom with pool table and area to add a theatre room! Also, featuring bunk beds and an additional living room. So many possibilities as an overnight rental, second home, or permanent home with it being walking distance to schools and Mills Park. Also, only minutes to Rocky Top Sports World, Downtown Gatlinburg, the Arts & Crafts Community as well as the Great Smoky Mountains National Park, the community center, library, Mills Park and Trolley Stop. Grocery store and entertainment also right around the corner! Recent updates include inside paint, beautiful bamboo hardwood flooring in the main living area, porcelain tile in kitchen and baths, roof approximately 3yrs old. Cabin has been recently stained. Great property for groups, corporate retreat, or a large family. Covered wraparound porch with picnic table, and a lower level deck as well. Upgraded covered wood sided carport with parking for two cars. Add a hot tub and you're all set in this one of a kind property! This is a must see!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Features
    • W/D Connection, Wood Floors, Ceiling Fan(s), Cathedral Ceiling, Whirlpool, Recreation Room, Large Master Bedroom
    • Basement: Full, Walkout, Finished All
    Interior area
    • Total interior livable area: 5,050 sqft

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 0.85 Acres
    Details
    • Parcel number: 05004100000
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1990

    Utilities & green energy

    • Sewer: Sewer

    Community & HOA

    Location
    • Region: Gatlinburg

    Financial & listing details

    • Price per square foot: $211/sqft
    • Tax assessed value: $39,800
    • Annual tax amount: $147

    Price history

    DateEventPrice
    8/1/2019Sold$535,300+2.2%$106/sqft
    Source: East Tennessee Realtors #1065700 Report a problem
    5/3/2019Pending sale$524,000$104/sqft
    Source: Tennessee Elite Realty #220057 Report a problem
    4/14/2019Price change$524,000-2%$104/sqft
    Source: Tennessee Elite Realty #220057 Report a problem
    1/5/2019Price change$534,9000%$106/sqft
    Source: Tennessee Elite Realty #220057 Report a problem
    12/11/2018Price change$535,000-2.7%$106/sqft
    Source: Key Mountain Realty LLC #216694 Report a problem
    11/7/2018Price change$550,000-8.3%$109/sqft
    Source: Key Mountain Realty LLC #216694 Report a problem
    8/9/2018Price change$599,900-1.7%$119/sqft
    Source: Key Mountain Realty LLC #216694 Report a problem
    6/26/2018Price change$610,000-2.4%$121/sqft
    Source: Key Mountain Realty LLC #216694 Report a problem
    6/7/2018Listed for sale$625,000+1150%$124/sqft
    Source: Key Mountain Realty LLC #216694 Report a problem
    9/19/2005Sold$50,000-56.5%$10/sqft
    Source: Public Record Report a problem
    11/18/2002Sold$115,000+283.3%$23/sqft
    Source: Public Record Report a problem
    1/5/2001Sold$30,000-82.4%$6/sqft
    Source: Public Record Report a problem
    11/13/1997Sold$170,000$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$147 $9,950
    2024$147 $9,950
    2023$147 $9,950
    2022$147 $9,950
    2021-- $9,950
    2020$185 $9,950
    2019$185 $9,950
    2018$185 +0%$9,950
    2017$185 $9,950
    2016$185 $9,950 +1.3%
    2015-- $9,825 +0.1%
    2014$160 $9,819
    2013$160 $9,819
    2012$160 $9,819
    2011$160 $9,819
    2010-- $9,819
    2009$151 $9,819
    2008$151 $9,819
    2007$151 +14.9%$9,819
    2006$132 -19.3%$9,819
    2005$163 +24.2%$9,819 +24.2%
    2004$131 +14.5%$7,908
    2002$115 $7,908
    2001-- $7,908 -75%
    2000-- $31,632
    Find assessor info on the county website

    Neighborhood: 37738

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,065,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,065,300