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Luxury Home Spotlight | 4915 Settlers View Lane Sevierville TN 37862
Embrace Serenity: The Tale of a Modern Haven in Wears Valley
In the tranquil embrace of Wears Valley, a narrative of modern luxury unfolds—a symphony of contemporary living harmonized with the rustic charm of cabin-inspired design. This enchanting story begins with a vision, a vision that is currently under construction, poised to materialize into reality by April 2024.
Nestled strategically between the vibrant energy of Pigeon Forge/Gatlinburg and the serene allure of the Smokies in Townsend, this location is more than just a setting; it’s a canvas upon which dreams are painted. With three finished floors and six bedrooms, including two primary suites capable of accommodating up to 18, this residence offers an invitation to escape the ordinary and embrace the extraordinary.
The exterior, cloaked in durable James Hardie Board & Batten siding beneath a protective metal roof, whispers promises of longevity and resilience. As the journey unfolds, each step leads deeper into the heart of luxury. Interior walls adorned with tongue-in-groove pine paneling, floors embellished with luxurious LVP, and ceramic tiles glistening in the wet areas, each detail curated to evoke a sense of warmth and sophistication.
Crossing the threshold into the main floor, guests are greeted by a spacious entrance, a gateway to the wonders that lie beyond. A Great Room awaits, adorned with a 24-feet vaulted ceiling, a majestic stacked faux stone fireplace, and floor-to-ceiling windows that frame panoramic vistas of the surrounding beauty. A sprawling deck extends an invitation to linger, offering an outdoor oasis for grilling and gathering beneath the vast expanse of sky.
The kitchen, a culinary haven, beckons with granite countertops, a sprawling island, and upscale stainless steel appliances nestled amidst painted wood cabinets. A generously sized pantry stands ready to fulfill every storage need, while wood beams traverse the vaulted ceilings, adding a touch of rustic elegance.
Ascending to the second floor reveals a sanctuary of relaxation and rejuvenation. A landing, overlooking the Great Room, offers a tranquil space to savor the breathtaking mountain views. Here, another Primary Bedroom awaits, complete with a corner fireplace, a luxurious ensuite bath featuring a freestanding tub, and private balconies beckoning to be explored.
The lower level unfolds a world of entertainment and leisure—a home theater, comfortable seating, and built-in bunk beds create an ambiance of endless possibilities. Floor-to-ceiling windows invite the outside in, blurring the lines between nature and nurture, while a deck, adorned with a hot tub, offers a sanctuary for serenity seekers.
Fully furnished and meticulously appointed, this residence is more than just a home; it’s a sanctuary, a retreat from the ordinary into the extraordinary. With HOA fees of $300 per year, an electric heat pump, private well and septic system, whole-house sprinkler system, and a generator ensuring uninterrupted power, every detail has been carefully considered.
As the final chapters of this tale unfold, a rare opportunity presents itself—to own a slice of luxury adjacent to the Great Smoky Mountains National Park. Don’t miss your chance to become part of this extraordinary narrative. Seize the moment and make this exquisite residence your own.
Listed by Buddy Malin, Wallace North Office – Click here to learn more!
Wallace Luxury Spotlight | 260 Waldo Road Rockwood, TN 37854
This Wallace Luxury property could be your dream home! Situated on over 17 acres of land, this home provides a sense of privacy and tranquility. This stunning home is only 2 years young and offers the perfect blend of modern elegance and natural beauty.
An all brick spacious Ranch style home, this property features over 2,700 square feet and the open floor plan creates a seamless flow throughout the home, enhancing the sense of spaciousness and connectivity. This beautiful home offers 4 bedrooms and 3 bathrooms. The main bedroom has a large walk-in closet, providing ample storage space, and the ensuite is a luxurious retreat with dual vanities and a walk-in tile shower, creating a spa-like atmosphere. The split bedrooms ensure privacy and flexibility, making this home ideal for families, guests, or those who love to entertain.
The heart of the home is the kitchen, complete with an island and plenty of cabinet space. Visualize cooking gourmet meals and entertaining guests or just hanging with family in this stylish and functional space. The walk-in pantry adds to the kitchen’s practicality, providing extra storage for all your culinary needs. The great room is the focal point of the house, boasting a brick wood burning fireplace that adds warmth and charm. Imagine cozy evenings by the fire, creating lasting memories with family and friends.
Upstairs you will find walk-in attic storage and the 4th bedroom with its own bathroom. Additionally, the hidden bonus room adds a touch of mystery and versatility to the home, perfect for a home office, game room, or additional living space. Step outside to the covered screen porch and enjoy the beautiful views. Nature lovers will appreciate the presence of deer and turkey roaming freely making it a haven for wildlife enthusiasts.
For added peace of mind, the home comes with a whole house Generac Generator, ensuring uninterrupted power supply during any unforeseen outages. Whether it’s a storm or a power outage, you can rest easy knowing that your home is prepared. Located a short drive to Oak Ridge and only a mere 45-minute drive to Knoxville’s Turkey Creek area. The allows for easy access to urban amenities while still enjoying the peaceful countryside lifestyle.
Don’t miss your opportunity to make this exceptional home yours. Experience the best of both worlds – a luxurious retreat with modern conveniences and the beauty of nature just outside your door. Buyers to verify all information and measurements.
Listed by Bobby Sanford Group – Wallace Farragut Office | Click here for more information.
Wallace Luxury Spotlight | 1124 Bordeaux Circle Knoxville, TN 37919
This Wallace Luxury property is a stunning end unit on a private cul-de- sac that invites you to enjoy beautiful finishes, architectural trims, & impressive features in every room.
From the granite stone landscaped entrance, gated front patio, and large screened porch on the back with a park-like greenscaped vista, this home abounds with lovely features. Imagine hosting intimate gatherings in the cathedral great room while stars twinkle through the skylights. Cozy evenings are sure to be enjoyed near the marble fireplace with gas logs, framed with a painted traditional mantel with dentil molding. Mix cocktails in the stunning bar alcove with bar sink, built-in cabinets & bookcases.
The formal dining room with crown molding opens to a Kitchen with custom maple cabinets, granite tops & stainless appliances, with an opening to a cozy den with views of the private granite entry patio. There is a main level Primary Bedroom suite featuring a walk-in shower, linen closet and large walk-in closet with an office/reading room with a private patio for plants and natural light.
Gleaming hardwood floors can be found throughout the first floor & carpet in all of the bedrooms. The primary bathroom has new floors & a handsome vanity with granite top. There is a Classy Powder room with vanity & separate laundry room with tile floors. On level 2, Bedrooms # 2 & #3 feature a private bath + extra storage closets.
Enjoy a casual lifestyle with newly renovated clubhouse, pool & tennis courts, gated security & impressive landscaped grounds. Visit TheWestlands.com website for more information.
Listed by Joyce Tapscott – Wallace Bearden Office | Click here for more information.
Wallace Luxury Spotlight | 1106 Orleans Drive Knoxville, TN 37919
This Wallace Luxury property is a stunning custom renovation with beautiful finishes, architectural trims, and impressive features in every room. This home in The Westlands invites you to enjoy the stone landscaped entrance, gated front patio, leaded glass front door & wooden arbor awning on back patio with walled courtyard vista.
The cathedral great room central focus is the marble fireplace with gas logs, framed with a stunning walnut mantel with dentil molding & features an alcove with built-in cabinets & bookcases & skylights. The formal dining room with crown molding opens to a chef’s Kitchen with custom cabinets, granite tops & stainless appliances, with a large trimmed arch opening to a cozy den with views of the private landscaped patio.
Main level Primary Bedroom suite features a walk-in shower with glass doors, large linen closet and walk in closet. Gleaming hardwood floors & carpet in the bedrooms. Bathrooms with new floors & handsome vanities & granite tops. Guest Bedroom # 2 on main level features a tub & shower. Bedroom # 3 features a private bath + extra storage closets. Classy Powder room & separate laundry room with washer & Bathrooms with new floors & handsome vanities & granite tops. Guest Bedroom # 2 on main level features a tub & shower. Bedroom # 3 features a private bath + extra storage closets. Classy Powder room & separate laundry room with washer & dryer.
Enjoy a casual lifestyle with newly renovated clubhouse, pool & tennis courts, gated security & impressive landscaped grounds. Visit TheWestlands.com website for more information.
Listed by Joyce Tapscott – Wallace Bearden Office | Click here for more information.
Choosing the Right Houseplants for Your Home
<section itemprop=”articleBody” class=”e-content”><div class=”blogContentWrapper”><p>Houseplant Appreciation Day is January 10th, and this is a great opportunity to celebrate our leafy companions and give them the love they deserve. Whether you're a seasoned plant parent or a newbie looking to begin your indoor garden, this blog post is your go-to guide for choosing the perfect houseplants and keeping them thriving.</p> <p><img alt=”” src=”https://d15zjc2r4e8kr7.cloudfront.net/9302/blog/Moxi%20Blog%20Images%20(900%20x%20500%20px)%20(35).png” style=”width: 600px; height: 333px;” class=”featured”></p> <p><em><strong>Tips for Choosing the Right Houseplants:</strong></em></p> <p>1. Consider Your Space: Before you dive into the world of houseplants, take a look around your home. Different plants have different light and space requirements. If you have a sunny spot, go for sun-loving succulents or a vibrant snake plant. For shadier corners, consider resilient low-light options like pothos or ZZ plants.</p> <p>2. Determine Your Commitment Level: Are you gone much of the time, or someone who tends to forget watering schedules? Be honest with yourself! Choose plants that align with your lifestyle. Cacti and succulents are excellent choices for low-maintenance care, while ferns and tropical plants might need a bit more attention.</p> <p>3. Babies & Pets: Some plants are poisonous if ingested, so make sure to be aware of this if you have babies, small children or pets who might be tempted by their shiny green leaves. It's smart to keep plants at a higher level and out of their reach to avoid any issues. </p> <p>4. Research and Learn: Each plant has its own personality and preferences. Take some time to research the specific needs of the plants you're interested in. From watering frequency to soil type, knowing your plant inside out will ensure a happy and healthy relationship.</p> <p><em><strong>Caring for Your Leafy Companions:</strong></em></p> <p>1. The Goldilocks Rule – Just Right: Watering is a critical aspect of plant care. Striking the right balance is key; too much water can lead to root rot, while too little can leave your plant thirsty. Stick your finger into the soil – if it's dry an inch down, it's time to water.</p> <p>2. Let There Be Light: Different plants have different light requirements. Ensure your green pals get the right amount of sunlight. Rotate your plants occasionally to make sure each side gets its fair share, promoting even growth.</p> <p>3. Feed Me, Seymour!: Like all living things, plants need nutrients. Use a balanced fertilizer during the growing season (spring and summer) to keep your plants nourished. Follow the recommended dosage on the fertilizer packaging to avoid overfeeding.</p> <p>4. Keep an Eye Out for Pests: Pests can sometimes be unwelcome visitors. Regularly inspect your plants for signs of bugs, and if you spot any, treat them promptly with insecticidal soap or neem oil.</p> <p>Houseplant Appreciation Day is the perfect time to show some extra love to your indoor garden. Whether you're a seasoned plant parent or just starting your leafy journey, these tips will help you choose the right houseplants and keep them flourishing.</p> <p>So go ahead, embrace the green, and let your houseplants thrive – they'll reward you with beauty, clean air, and a sense of calm! We have some great plant shops and nurseries around East Tennessee to explore. Oglewood Avenue is a good option for a more hands-on approach to help customers embrace plant life, and there's also Jack's (locations on Central Ave. & Gay Street). Or there are some excellent nurseries in our area, including Stanley's Greenhouse, Mayo Garden Center, and Pope's. Happy planting! #HouseplantLove #GreenThumb</p> </div><div class=”clearfix”></div><div class=”clearfix”></div></section>
Tips for Creating Bath & Shower Safety
<section itemprop=”articleBody” class=”e-content”><div class=”blogContentWrapper”><p>January is Bath Safety Month, and as we kick off the new year, it's the perfect time to turn our attention to a space that often doesn't get the safety spotlight it deserves – the bathroom. Whether you're a bubbly bath enthusiast or a quick shower kind of person, ensuring your bathroom is a safe haven is essential. So, let's dive into some friendly tips to make your bathroom a secure and serene space for everyone in your home.</p> <p><img alt=”” src=”https://d15zjc2r4e8kr7.cloudfront.net/9302/blog/Moxi%20Blog%20Images%20(900%20x%20500%20px)%20(36).png” style=”width: 600px; height: 333px;” class=”featured”></p> <p>1. Non-Slip Magic: The bathroom floor can be slippery, especially with soap and water in the mix. Combat the slip-and-slide scenario by placing non-slip mats or adhesive strips in strategic areas, such as in front of the shower and around the sink. These small additions can make a big difference in preventing accidental falls.</p> <p>2. Something to Hang Onto: Installing grab bars can be a game-changer, providing extra support for getting in and out of the tub or shower. Stylish and functional, these bars come in various designs to match your bathroom decor while offering an added layer of safety.</p> <p>3. Proper Lighting: Good lighting is key to preventing accidents in the bathroom. Make sure your bathroom is well-lit, especially in areas like the shower, where shadows can make it challenging to see clearly. Consider adding night lights for those midnight trips to the bathroom, creating a cozy and safe ambiance.</p> <p>4. Temperature Check: Scalding water is not a pleasant surprise, especially during a relaxing shower. Set your water heater to a safe temperature (around 120 degrees Fahrenheit or 49 degrees Celsius) to avoid burns. Additionally, test the water temperature before stepping in to ensure a comfortable and safe bathing experience.</p> <p>5. Organize Wisely: Decluttering your bathroom not only creates a more visually appealing space but also reduces the risk of tripping. Keep countertops clear, store toiletries in easy-to-reach places, and invest in storage solutions to maintain a tidy and safe environment.</p> <p>6. Toilet Safety: Toilet-related accidents are more common than you might think. Install a raised toilet seat if needed and consider placing a non-slip mat around the toilet area. Additionally, keep a night light nearby for those late-night visits to avoid stumbling in the dark.</p> <p>Bath Safety Month is the perfect opportunity to transform your bathroom into a secure sanctuary. By implementing these simple tips, you can create a safer space for yourself and your loved ones. So, let's make a resolution to prioritize bathroom safety this year – because everyone deserves a relaxing and accident-free bathing experience. Happy Bath Safety Month!</p> </div><div class=”clearfix”></div><div class=”clearfix”></div></section>
Wallace Real Estate COO Claudia Stallings Shares Real Estate Update with WATE | January 2024
<section itemprop=”articleBody” class=”e-content”><div class=”blogContentWrapper”><p><img alt=”” src=”https://d15zjc2r4e8kr7.cloudfront.net/9302/blog/WRE%20Claudia%20Stallings%20WATE%20Jan%202024.jpg” style=”width: 600px; height: 260px;” class=”featured”></p> <p><em>Wallace Real Estate COO Claudia Stallings recently sat down with <a href=”https://www.wate.com/meet-the-living-east-tennessee-team/”>WATE's Veronica Ogbe</a> on the <a href=”https://www.wate.com/living-east-tennessee/”>Living East Tennessee</a> show to chat about the local real estate market. Check out her interview below, and scroll to read more of her insights about what we saw in 2023, and what's to come for East Tennessee real estate in 2024! </em></p> <p><iframe allow=”autoplay; fullscreen” allowfullscreen=”allowfullscreen” frameborder=”0″ height=”360″ mozallowfullscreen=”” scrolling=”no” 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webkitallowfullscreen=”” width=”640″></iframe></p> <p><strong>What happened to the market in 2023? </strong></p> <p><b>Claudia Stallings, Wallace Real Estate COO: </b>The total number of homes that entered the market for sale was down over previous years, likely due to rising interest rates, and sellers deciding to hold on to their current lower rates and stay put rather than making a move. Likewise, the number of homes that buyers put under contract and ultimately purchased was down over previous years due to three things: 1) fewer homes available for sale; 2) higher sales prices; and 3) the higher cost of borrowing due to interest rates. </p> <p>The thing is, that we’ve come off of such an unusual high sales period during and immediately following Covid, that 2023 feels like it was a slow year, even though statistics show that sales this year were similar to those we saw in 2016, 2017 and 2018, three years when we felt like the market was pretty balanced. </p> <p><strong>How long might it take your home to sell in 2024?</strong></p> <p><b>Claudia: </b>Homes certainly sold faster in 2021 and 2022, however, this year, our area’s average time on the market was 34 days. The way those days are calculated in our Multiple Listing Service is from the time a home is placed on the market to the time it closes. And, for a smooth closing without any hiccups or delays, it can take between 20-30 days for the home inspections, appraisals, title work and mortgage information to be processed, which means a home may only be on the market for a week before a buyer and seller come to an agreement in the form of a contract. </p> <p>The first week or two are the most important for a seller. If a home is priced fairly according to today’s market, then any buyer who is actively shopping for a similar home will likely want to take a look. That means that the first few days will be the busiest for showings and thus, increased buyer competition for the home. However, if a home is overpriced and is rejected by those who are currently in the market, then the only audience it may have will be for buyers who are just beginning their search and it may lengthen the time a home is for sale. </p> <p><strong>What about sellers who might be wondering if selling now will cause them to lose money?</strong></p> <p><strong>Claudia: </strong>While the market price of a home varies by location, condition, and size, in 2023, our area set record highs for the median sales price, which is around $340,000. In general, if you purchased your home earlier this year or in any previous year, you are likely to find that you can sell it for more than you paid for it. However, it’s important to know that, compared to 2020, 2021 and the first half of 2022, that prices increased much faster than we are seeing today, as higher interest rates have more recently slowed demand. So, while we have seen annual increases since 2020 in the 15-20 percent range each year, 2023 saw a 6 percent increase. If properly priced, homes in our area are selling for 98-99 percent of their asking price, and it’s still true that some areas are seeing homes sell for more than asking price. </p> <p><strong>Should you wait for home prices to go down before you buy? </strong></p> <p><strong>Claudia: </strong>It is predicted that our area will see a price increase of around 7 percent for the Knoxville market by the end of 2024. So, while interest rates have recently been going down and the prediction is that they will continue to fall, buyers are likely to pay more for a house the longer they wait. Season also plays into this decision. During the winter, fewer homes are available for sale and fewer buyers are actively searching for homes, as everyone waits for the “spring housing market.” That means that buyers have both fewer choices, but they also have less competition for homes right now so prices may be relatively stable. In the spring and into the summer, they will have more selection, but warmer weather also brings out more buyer competition and demand causes price increases. </p> <p><strong>What are some predictions for the 2024 market? </strong></p> <p><strong>Claudia: </strong>A lot of buyers who were in the market pushed pause when interest rates kicked up in 2022 and 2023. That means that there are buyers out there who want a house, but who have been dormant. In other words, there is pent-up demand. If interest rates go down, those buyers will likely become active again. Because we still expect to have more demand than supply in our area, we are anticipating that will only cause prices to rise. </p> <p>Housing affordability is a concern in our area, and homes listed below our median price will likely sell quickly. I am hoping that, if we get relief in interest rates, that more sellers will opt to list their homes for sale. As for the luxury market, it has remained relatively stable, as our area is such a beautiful, desirable place to live. </p> <p>I think sellers will need to be reasonable with their pricing, and that buyers may have a little more ability to negotiate price and repairs, depending on the situation. But, this is what happens when we begin to enter a more balanced market, which is where we are headed. </p> <p><em><strong>At Wallace Real Estate, our agents are always looking at market movement and trends, so to have insider knowledge on how your home may perform in the market if you list it, or to get guidance on how and when to buy, it’s best to reach out to one of our professionals. Monitoring the market by watching what’s for sale and what’s being sold is also a good way to understand what’s happening, and anyone can do that at WallaceTN.com. </strong></em></p> </div><div class=”clearfix”></div><div class=”clearfix”></div></section>
