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1500 Pinnacles Way

Newport, TN 37821
  • $2,390,000
  • STATUS: Active Under Contract
  • ON SITE: 215 Days
  • ID#: 243334
Under Contract
$2,390,000
  • 0
    BEDS
  • 78.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,918
    SQFT
  • $219
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1976
County:
Area:

School Ratings & Info

Listing courtesy of Nai Koella | Rm Moore.


Description

Elegant and inviting 9 Suites/10-room Inn Resort nestled on 78.96 wooded mountain acres in the Smoky Mountains region of East Tennessee. Features include beautifully appointed guest rooms, a library pub that serves wine and liquor drinks, breakfast room, formal dining room, pool, tennis court, and fitness room. There are hiking trails on the property. Easy drive to Great Smoky Mountains National Park, and the resort cities of Gatlinburg and Pigeon Forge. Stabilized and profitable. Certain artwork and personal property will not convey. The Inn Resort (1500 Pinnacles Way) is being offered for sale in conjunction with 1558 Pinnacles Way, a contiguous 2.12-acre lot improved with a residential dwelling: a beautiful, well-maintained and stylish mountain log house. This secluded property has 2,896 square feet on the first and second floor and an additional 1,668 square feet in the finished basement. The house has 3 bedrooms, 2.5 bathrooms, a bonus room, a recreation room and a workshop. The living room has a vaulted cathedral ceiling, features elegant Brazilian hardwood flooring, and a large double sided indoor-outdoor fireplace. The porch wraps around the house on 3 sides. The price for the Inn Resort and the residential house together shall be $2,390,000.00. The Inn Resort (1500 Pinnacles Way) may be purchased alone for $1,700,000. However, the residential house (1558 Pinnacles Way) may only be purchased in conjunction with 1500 Pinnacles Way. Contiguous 117-acre tract is available as a separate purchase. No DRIVE-BYS and no short-notice showings. All showings must be scheduled with listing agent.

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Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2022-01-24T00:15:35.627.
www.smokylistings.com/homes/118579591
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1500 Pinnacles Way Newport, TN 37821

  • Price: $2,390,000
  • Status: Active Under Contract
  • On Site: 215 Days
  • ID#: 243334
0
Beds
0
Baths
0
½ Baths
78.96
Acres
10,918
SQFT
$219
$/SQFT
1976
Built
Neighborhood:
None
County:
Cocke
Area:
Newport
Property Description
Elegant and inviting 9 Suites/10-room Inn Resort nestled on 78.96 wooded mountain acres in the Smoky Mountains region of East Tennessee. Features include beautifully appointed guest rooms, a library pub that serves wine and liquor drinks, breakfast room, formal dining room, pool, tennis court, and fitness room. There are hiking trails on the property. Easy drive to Great Smoky Mountains National Park, and the resort cities of Gatlinburg and Pigeon Forge. Stabilized and profitable. Certain artwork and personal property will not convey. The Inn Resort (1500 Pinnacles Way) is being offered for sale in conjunction with 1558 Pinnacles Way, a contiguous 2.12-acre lot improved with a residential dwelling: a beautiful, well-maintained and stylish mountain log house. This secluded property has 2,896 square feet on the first and second floor and an additional 1,668 square feet in the finished basement. The house has 3 bedrooms, 2.5 bathrooms, a bonus room, a recreation room and a workshop. The living room has a vaulted cathedral ceiling, features elegant Brazilian hardwood flooring, and a large double sided indoor-outdoor fireplace. The porch wraps around the house on 3 sides. The price for the Inn Resort and the residential house together shall be $2,390,000.00. The Inn Resort (1500 Pinnacles Way) may be purchased alone for $1,700,000. However, the residential house (1558 Pinnacles Way) may only be purchased in conjunction with 1500 Pinnacles Way. Contiguous 117-acre tract is available as a separate purchase. No DRIVE-BYS and no short-notice showings. All showings must be scheduled with listing agent.
Exterior Features

Access County Road Parking Onsite

Interior Features

Bonus Rooms No Number Of Rooms 9 Stories Two

Property Features

Annual Tax 13507.00 Commercial Type Fee Simple Improved Current Use Bed/Breakfast District 05 Lot Block Unit 00 Owner Financing No Proposed Financing CashConventional Restrictive Covenants No Suitable Use Bed/Breakfast Tax Year 2020 Zoning Comm./Indust. Zoning Entity Cocke County

Copyright 2022 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Nai Koella | Rm Moore | Office Phone: 8654538111 .

Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2022-01-24T00:15:35.627.
 
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Colonial Real Estate
Colonial Real Estate INC 1380 Dolly Parton Parkway
Sevierville, TN, 37862
Listing courtesy of Nai Koella | Rm Moore.