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For sale
  • $995,000

    7121 Flats Rd, Tallassee, TN 37878

    4beds
    2,800sqft
    : 
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    Single Family Residence
    Built in 2001
    0.62 Acres Lot
    $-- Zestimate®
    $355/sqft
    $-- HOA

    What's special

    Front porchTwo-car garageOpen floor planCovered lower patioDedicated laundry roomPrimary master suiteAmple outdoor entertainment space
    A rare offering features a breathtaking 100-mile view of THREE states from the deck! This home boasts one of the best views available in all of the greater Smokies. Positioned high on Chilhowee Mountain, this exceptional site offers an ever-changing panorama of the Great Smoky Mountains National Park and Cherokee National Forest. Whether you are looking for a lucrative investment property, a serene mountain getaway, or a unique permanent residence, this jaw-dropping location ranks at the absolute top of the list for premier mountain view homes. The residence features 2,800 square feet of heated living space with low-maintenance luxury vinyl tile flooring throughout and a strict non-smoking history. The main level offers an open floor plan showcasing a cozy living room with a fireplace, a dining area with a scenic bay window, and a kitchen fully equipped with premium KitchenAid stainless steel appliances. The space is punctuated by French doors leading out to the best view of the Smokies money can buy. The primary master suite, two additional bedrooms, a second full bathroom, a dedicated laundry room, and a two-car garage round out this level, allowing for convenient single-story living. The lower level provides exceptional versatility with a second living area and fireplace, perfect for a game room, home theater, or guest quarters. It also hosts a fourth bedroom, a third full bath, and a flexible bonus room ideal for an office, craft studio, or additional bedroom space. Outside, the property features an expansive main-level deck with a hot tub spa, a covered lower patio, and a front porch, all designed to maximize the spectacular mountain views and provide ample outdoor entertainment space. Perfectly positioned for both privacy and convenience, this property is less than half a mile from Look Rock and the Foothills Parkway. Residents can easily escape the crowds or take advantage of being next door to premier hiking, cycling, and world-famous motorcycle routes like the Tail of the Dragon and Cherohala Skyway. Despite the peaceful mountain setting, the home is less than thirty minutes from the shopping, dining, healthcare, and cultural attractions of Maryville and Alcoa, as well as the McGhee Tyson Airport. Gatlinburg, Pigeon Forge, and Knoxville are all less than an hour away. Currently operating as a highly rated short-term rental with a 4.9-star status on both Airbnb and VRBO, the property offers proven income potential. The current owner historically generated over 45,000 dollars in a year by renting only the main level with minimal marketing and blocking days between reservations. Current AirDNA projections show the property could generate over 100,000 dollars annually if the entire home is optimized for year-round guests. The property is reliably serviced by a private well, a whole-house water filtration system, and a water softener.
    30 days
    |
    1,191
    |
    72
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lane Shuler 865-705-2157,

    LeConte Realty, LLC 865-268-4180

    Source: East Tennessee Realtors,MLS#: 1342335MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bonus Room
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Range
      Features
      • Walk-In Closet(s), Cathedral Ceiling(s), Bonus Room
      • Flooring: Laminate, Tile
      • Windows: Windows - Vinyl
      • Basement: Walk-Out Access,Finished
      • Number of fireplaces: 2
      • Fireplace features: Stone, Wood Burning
      Interior area
      • Total structure area: 2,800
      • Total interior livable area: 2,800 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off Street, Attached
      • Attached garage spaces: 2
      Features
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Mountain(s), Country Setting
      • Has water view: Yes
      Lot
      • Size: 0.62 Acres
      • Dimensions: 186 x 146
      • Features: Private, Wooded
      Details
      • Parcel number: 114M A 003.00

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding, Block, Frame
      Condition
      • Year built: 2001

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: H & P Development Corp
      Location
      • Region: Tallassee

      Financial & listing details

      • Price per square foot: $355/sqft
      • Tax assessed value: $732,900
      • Annual tax amount: $2,913
      • Date on market: 5/26/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/26/2026Listed for sale$995,000-16.7%$355/sqft
        Source: East Tennessee Realtors #1342335 Report a problem
        7/21/2025Listing removed$1,195,000$427/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2781408 Report a problem
        4/16/2025Price change$1,195,000-4%$427/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2781408 Report a problem
        1/23/2025Listed for sale$1,244,900+1.7%$445/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2781408 Report a problem
        11/7/2024Listing removed$1,224,000$437/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2747664 Report a problem
        10/12/2024Listed for sale$1,224,000-2%$437/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2747664 Report a problem
        9/17/2024Listing removed$1,249,000$446/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2663501 Report a problem
        9/10/2024Price change$1,249,000-2.8%$446/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2663501 Report a problem
        9/4/2024Price change$1,285,000-0.8%$459/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2663501 Report a problem
        8/2/2024Price change$1,295,000-0.3%$463/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2663501 Report a problem
        7/17/2024Price change$1,299,000-0.1%$464/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2663501 Report a problem
        6/11/2024Listed for sale$1,300,000+0.3%$464/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2663501 Report a problem
        3/29/2024Listing removed--
        Source: East Tennessee Realtors #1179165 Report a problem
        8/23/2023Listed for sale$1,295,500$463/sqft
        Source: Owner Report a problem
        7/31/2023Listing removed$1,295,500$463/sqft
        Source: East Tennessee Realtors #1179165 Report a problem
        3/14/2023Price change$1,295,500-3.7%$463/sqft
        Source: East Tennessee Realtors #1179165 Report a problem
        1/13/2023Price change$1,345,500-3.6%$481/sqft
        Source: East Tennessee Realtors #1179165 Report a problem
        1/29/2022Listed for sale$1,395,500+7.3%$498/sqft
        Source: East Tennessee Realtors #1179165 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        12/18/2020Listing removed$1,300,000$464/sqft
        Source: Owner Report a problem
        6/10/2020Listed for sale$1,300,000+8.3%$464/sqft
        Source: Owner Report a problem
        11/22/2019Listing removed$1,200,000$429/sqft
        Source: Owner Report a problem
        12/13/2018Listed for sale$1,200,000-7.7%$429/sqft
        Source: Owner Report a problem
        5/8/2018Listing removed$1,300,000$464/sqft
        Source: Owner Report a problem
        7/10/2017Listed for sale$1,300,000+12900%$464/sqft
        Source: Owner Report a problem
        1/12/1994Sold$10,000$4/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,913 $183,225
        2024$2,913 $183,225
        2023$2,913 +58.3%$183,225 +145.9%
        2022$1,841 $74,525
        2021$1,841 $74,525
        2020$1,841 $74,525
        2019$1,841 -0.2%$74,525 -0.2%
        2018$1,844 +2%$74,650
        2017$1,807 $74,650
        2016$1,807 +12.6%$74,650
        2015$1,605 $74,650
        2014-- $74,650 -0.6%
        2013$1,615 $75,100
        2012$1,615 +0%$75,100 0%
        2011$1,615 -15.7%$75,105 -20%
        2010$1,915 $93,855 +8.7%
        2009-- $86,355 +111%
        2008$913 $40,934
        2007$913 +2.3%$40,934
        2006$892 -10.3%$40,934
        2005$995 +39.9%$40,934 +23.8%
        2004$711 $33,075
        2002$711 $33,075
        2001-- $33,075 -75%
        2000-- $132,299

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          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.
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          Climate risks

          Neighborhood: 37878

          Getting around

          0 / 100
          Car-Dependent

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Walland
          • Middle: Heritage
          • High: Heritage

          Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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