Price Reduction - Water Views
Address
7121 Flats Rd, Tallassee, TN
Price
$ 948,900
Property Attributes
- MLS#1342335
- TypeSingle Family
- Listing Status Active
- CountyBlount
- CityTallassee
- AreaBlount County
- NeighborhoodH & P Development Corp
- Zip37878
- StyleTraditional
- Year Built2001
- Taxes$ 2913
- Price$ 948,900
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2800
- Lot Size0.62 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description
A rare offering features a breathtaking 100-mile view of THREE states from the deck! This home boasts one of the best views available in all of the greater Smokies. Positioned high on Chilhowee Mountain, this exceptional site offers an ever-changing panorama of the Great Smoky Mountains National Park and Cherokee National Forest. Whether you are looking for a lucrative investment property, a serene mountain getaway, or a unique permanent residence, this jaw-dropping location ranks at the absolute top of the list for premier mountain view homes. The residence features 2,800 square feet of heated living space with low-maintenance luxury vinyl tile flooring throughout and a strict non-smoking history. The main level offers an open floor plan showcasing a cozy living room with a fireplace, a dining area with a scenic bay window, and a kitchen fully equipped with premium KitchenAid stainless steel appliances. The space is punctuated by French doors leading out to the best view of the Smokies money can buy. The primary master suite, two additional bedrooms, a second full bathroom, a dedicated laundry room, and a two-car garage round out this level, allowing for convenient single-story living. The lower level provides exceptional versatility with a second living area and fireplace, perfect for a game room, home theater, or guest quarters. It also hosts a fourth bedroom, a third full bath, and a flexible bonus room ideal for an office, craft studio, or additional bedroom space. Outside, the property features an expansive main-level deck with a hot tub spa, a covered lower patio, and a front porch, all designed to maximize the spectacular mountain views and provide ample outdoor entertainment space. Perfectly positioned for both privacy and convenience, this property is less than half a mile from Look Rock and the Foothills Parkway. Residents can easily escape the crowds or take advantage of being next door to premier hiking, cycling, and world-famous motorcycle routes like the Tail of the Dragon and Cherohala Skyway. Despite the peaceful mountain setting, the home is less than thirty minutes from the shopping, dining, healthcare, and cultural attractions of Maryville and Alcoa, as well as the McGhee Tyson Airport. Gatlinburg, Pigeon Forge, and Knoxville are all less than an hour away. Currently operating as a highly rated short-term rental with a 4.9-star status on both Airbnb and VRBO, the property offers proven income potential. The current owner historically generated over 45,000 dollars in a year by renting only the main level with minimal marketing and blocking days between reservations. Current AirDNA projections show the property could generate over 100,000 dollars annually if the entire home is optimized for year-round guests. The property is reliably serviced by a private well, a whole-house water filtration system, and a water softener.
| Elementary School | Middle School | High School |
|---|---|---|
| Walland Elementary School | Heritage Middle School | Heritage High School |
| Price History | |
|---|---|
| 5/26/2026 | Listed $995,000 |
| 7/22/2026 | 5$949,900 |
| 8/18/2026 | Listed $948,900 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Cooling,Ceiling Fan(s) |
| Appliances | Dishwasher,Range |
| Garage Spaces | 2 |
| Architectural Style | Traditional |
| Security Features | Smoke Detector |
| Construction Materials | Vinyl Siding,Block,Frame |
| Year Built | 2001 |
| View | Mountain View,Country Setting,Lake |
| Property Subtype | Single Family Residence |
| County | Blount County - 28 |
| Property Type | Single Family |
| Attached Garage | true |
| Subdivision Name | H & P Development Corp |
| Total Rooms | 8 |
| Full Baths | 3 |
| Status | Active |
| Directions | From Maryville take Montvale Road to Happy Valley Road, turn left then onto Happy Valley Road then turn left onto Flats Road. Property is up the hill on the right. |
| High School | Heritage |
| City | Tallassee |
| MLS Area | Blount County - 28 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 27156 |
| Elementary School | Walland |
| Property Attached Y/N | false |
| Middle/Junior High School | Heritage |
| MLS Area Minor | Blount County - 28 |
| Virtual Tour | https://youtu.be/Xv8AM3cwF9c |
| Structure Type | Basement Ranch |
| Standard Status | Active |
| New Financing Cash | true |
| New Financing FHA | true |
| New Financing VA Loan | true |
| New Financing Coventional | true |
Interior Features
| Interior Amenities | Walk-In Closet(s),Cathedral Ceiling(s) |
|---|---|
| Basement | Walkout,Finished |
| Flooring | Laminate,Tile |
| Total Fireplaces | 2 |
| Fireplace Features | Stone,Wood Burning |
| Basement (Y/N) | true |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Total Bedrooms | 4 |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Windows - Vinyl,Balcony |
|---|---|
| Parking Features | Off-Street Parking,Attached |
| Lot Features | Private,Wooded |
| Water Source | Well |
| Lot Size Area | 0.62 |
| Building Area Total | 2800 |
| Lot Dimensions | 186 x 146 |
| Lot Size Acres | 0.62 |
| Lot Size Source | Tax Records |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 37878
Price
Taxes
Year Built
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2026 All rights reserved. This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information was updated September 12, 2026 12:08 PM UTC Some properties may subsequently have
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