527 River Place Way, Sevierville, TN 37862

$650,000
3
BD
3
BA
1,680
SqFt

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List Price
$650,000
Status
ACTIVE
MLS#
313063
Bedrooms
3
Full-baths
3
Sq. Ft
1,680
Acres
0.01
Year Built
2009
Subdivision
River Place Condos

Property Description

Don't miss the video! Luxury riverfront living in the heart of Sevierville. Positioned along the West Prong Little Pigeon River, this fully renovated and fully furnished residence delivers a refined, turnkey ownership experience with a setting that is increasingly difficult to find and nearly impossible to replicate. From the covered balcony, the property overlooks a protected bird sanctuary across the river, preserving the mountain views, natural privacy, and open scenic backdrop that define the experience and protect the view corridor for years to come. Inside, the residence has been thoughtfully reimagined with a curated mountain-modern design aesthetic featuring quartz countertops, custom tile work, designer lighting, upgraded fixtures, premium flooring, spa-inspired bathrooms, custom living room artwork, and carefully selected furnishings throughout. The result is sophisticated without feeling formal, elevated without sacrificing the comfort expected from a premier Smoky Mountain retreat. The open living area offers generous volume, natural light, a fireplace, and seamless connection to the riverfront balcony. The kitchen features quartz surfaces, premium appliances, custom backsplash tile, and an efficient layout equally suited for everyday living or entertaining guests. The bathrooms continue the same level of craftsmanship with upgraded vanities, custom tile installations, glass shower accents, and designer hardware. Beyond the residence itself, the ownership experience is equally compelling. Enjoy river views, protected mountain scenery, maintained grounds, elevator access, covered parking, private owner storage, and riverfront green space--all within walking distance to Iron Forge Brewing Company and just minutes from Apple Barn, Sevierville, Pigeon Forge, Dollywood, and the Great Smoky Mountains. The river corridor is also known for award-winning smallmouth bass fishing and abundant wildlife, including bald eagles and numerous native bird species that contribute to the property's distinctive natural setting. Unlike many mountain properties, this residence combines luxury, accessibility, and convenience without steep roads, remote maintenance concerns, or the operational challenges often associated with traditional cabin ownership. Water, sewer, internet, exterior maintenance, grounds maintenance, common area insurance, and professional property support further enhance the property's lock-and-leave ownership appeal. Beyond its lifestyle advantages, the property also offers meaningful ownership flexibility. A third-party professional short-term rental pro forma projects approximately $82,000 in annual gross revenue potential, supported by premium riverfront positioning, protected mountain views, strong seasonal tourism demand, refined interior presentation, accessibility, and broad guest appeal. Financial modeling further reflects positive debt service coverage and favorable lending assumptions, reinforcing the property's balance of luxury enjoyment, long-term usability, and hospitality potential. Whether utilized as a full-time residence, second home, executive retreat, luxury mountain getaway, or property with rental flexibility, this offering stands apart because of its complete package: protected riverfront and mountain views, turnkey furnished convenience, designer renovation, hospitality-supported ownership, premium finishes, projected income potential, and immediate access to one of East Tennessee's most desirable lifestyle and tourism destinations. Full financial analysis and short-term rental pro forma available upon request.

Additional Information

Price Per Sqft
$386
Days on Market
30
Annual Tax
1124
Tax Year
2025
Hoa Fee
$1,410
Hoa Freq
Quarterly
Stories
Two
Interior Features
Ceiling Fan(s), Other, Storage, Stone Counters, Walk-In Closet(s), Walk-In Shower(s), Solid Surface Counters, Kitchen/Dining Combo, Living/Dining Combo
Amenities
Elevator(s), Maintenance Grounds
Appliances
Dryer, Disposal, Dishwasher, Gas Range, Refrigerator, Self Cleaning Oven, Washer, Microwave
Construction Type
Site Built
Garage Spaces
4
Garage Type
Basement, Common
Fireplace Type
Gas Log
Hoa Includes
Gas, Insurance, Internet, Maintenance Grounds, Sewer, Trash, Water
Heating
Central, Heat Pump
Cooling
Central Air
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty - Knox Premier Prop.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .