Luxury Mountain Estate for Auction
A remarkable 55-acre property featuring a stunning mountain home is set to be auctioned with no reserve. This auction promises to be an exciting opportunity for those seeking a unique real estate investment. The estate, once valued at $5.2 million, is located in a serene setting within the Great Smoky Mountains, providing breathtaking views and rich natural beauty.
Overview of the Property
Situated in a peaceful area, this estate features a tri-level residence built by MossCreek homebuilders in 2019. The primary home boasts over 5,000 square feet of meticulously designed living space that includes 4 bedrooms and 4 bathrooms, complemented by elegant finishes and expansive windows that maximize the stunning mountain vistas.
A Perfect Blend of Comfort and Luxury
Imagine living in a home that combines spaciousness with luxury. The open layout of the living room allows natural light to flood in, showcasing the breathtaking scenery that surrounds the property. Moreover, the gourmet kitchen and oversized bedroom suite enhance the comfort and functionality of the living space. Outdoor areas are equally impressive, featuring terraces with lounges to enjoy the fresh mountain air.
Development Opportunities
The expansive grounds of this estate also offer significant potential for future development. Originally intended for a luxury home subdivision, the property can accommodate up to 22 individual home sites while maintaining a private area for the existing residence, ensuring that the new owner can realize a profitable venture if desired.
Why This Property Is Unique
Platinum’s founder, Trayor Lesnock, highlighted the property's privacy paired with proximity to Knoxville and Pigeon Forge. This unique combination makes it perfect for those who wish to enjoy solitude while remaining close to urban amenities. The current state of the property, along with its scenic beauty, offers a rare find in today’s market.
Luxury Auction Details
The auction for this stunning estate will take place at 2pm ET on an upcoming Saturday. Interested bidders are encouraged to schedule viewings, and tours are available until shortly before the auction date. The auction process promises to be seamless and exciting, with professional guidance throughout the bidding process.
Contact Information
For more information about the auction and to arrange a property tour, potential buyers should reach out to Platinum Luxury Auctions. You can contact their project manager directly to get all the details and necessary paperwork involved in this auction.
Frequently Asked Questions
What makes this mountain estate unique?
This property offers stunning views, spacious living areas, and the potential for development while maintaining privacy.
When is the auction taking place?
The auction is set for a Saturday afternoon at 2 PM ET.
How can I schedule a tour of the property?
You can contact Platinum’s project manager to arrange a private tour before the auction.
What should I expect during the auction process?
The auction will be guided by professionals, making it straightforward for bidders to participate and understand the process.
Is there potential for future development on the property?
Yes, the estate can be developed to accommodate up to 22 single-family homes, offering an excellent investment opportunity.
