Located at 1642 Little Cove Road, the property occupies 55 private acres set within the foothills, accessible via a private and gently winding road leading to both the barn and residence. The parcel was originally slated for a luxury home subdivision in the early 2000's, though the project was never fully realized. The current owner then purchased the parcel for use as a private estate, though has also maintained the property's added acreage, which may allow for potential development of up to 22 single-family homes, each on approx. 2.2 acres, while still preserving a private, 5-acre parcel for the existing residence.
"The owner specifically selected this property for its combination of privacy and views, all within convenient distance of the amenities of Pigeon Forge and Knoxville," said Platinum's founder and president, Trayor Lesnock. "The sense of serenity you experience when on the property is something special. And it's added acreage may create a potential 'land bank' for future capital opportunities via development."
Built in 2019 by MossCreek homebuilders in Knoxville, the property's main residence includes 5,070 sf of interiors throughout three living levels, with 4 bedrooms, 4 bathrooms and one half-bath. Premium build materials include impact windows and 2-by-6 framing for added strength and durability, while interior finishes include exposed, natural wood beams, wood paneling and "big-picture" windows to emphasize mountain views from the site's 1,880-ft elevation. To be sure, the home's two-story living room features a soaring wall of windows that provides panoramic vistas while filling the space with natural light.
Additional features include a gourmet kitchen, oversized primary bedroom suite, and a lower-level entertainment lounge, fitness center, and office nook. Outdoor living areas include upper and lower-level terraces, each having a fireplace lounge with mounted television and stone surround. A 3-vehicle garage leads to the residence via a covered breezeway.
The separate, 1,500-sf utility barn includes a lower level for wood, hay and machinery, plus an upper loft for additional storage. The barn's covered patio looks over the gently rolling pastures of the lower property grounds.
Daily tours of the property are available through the close of August 8, and may be scheduled by contacting Platinum's project manager, James Smith, at 800.939.1672. Property documents, photos and videography are also hosted online at TennesseeLuxuryAuction.com.
About Platinum Luxury Auctions: Platinum Luxury Auctions created the luxury auction® model for multimillion-dollar real estate auctions and owns the federal trademark rights to the term "luxury auction." The Miami-based auction house specializes in the non-distressed sale of multimillion-dollar properties throughout the U.S. and select international markets, and has offered properties in 33 states and 15 countries to date. Platinum's team has closed more than $1.7 billion in luxury auction sales, and has consulted or advised HNW and UHNW individuals on more than $4.5 billion in luxury property assets. PlatinumLuxuryAuctions.com.
SOURCE Platinum Luxury Auctions
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