1253 Bear Cub Way, Gatlinburg, TN 37738

$1,075,000

Virtual Tour

http://tour.usamls.net/1253-Bear-Cub-Way-Gatlinburg-TN-37738/unbranded

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,879 Status: Closed

Current Price: $1,075,000 List Date: 6/30/2022 Last Modified: 8/26/2024

Overview

Description

"Love This Life" is a fully furnished, income producing 3 bed/3.5 bath cabin just minutes from downtown Gatlinburg. With indoor swim spa, theater, and lavish furnishings, this cabin is a money maker. This luxury lodge is sure to impress and is currently sleeping 10 guests on the overnight rental program. It grossed over $94,000 in 2021 with 6 weeks of owner blocks. lost revenue would have been 110k+. Interior features include an open living room area with stone accented electric fireplace, dining area, and eat in fully equipped spacious kitchen with stainless/black appliances, granite, and a stone accented snack bar/island. Second level has two oversized Master Suites each with private bathrooms with tiled walk in showers, double sink vanities, electric fireplace, and private deck access to the hot tub for relaxing. Also, featuring a log surround multi arcade game and other games for entertaining. Lower level has the third oversized Master Suite with its own private bathroom with walk ... (Read more)

Listing Details MLS# 251615

General Property Information

Living Area: 2879
Above Grade Finished Area: 1789
Below Grade Finished Area: 1090
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Garage YN: No
Year Built: 2018
Bonus Room YN: No
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Furnished: Furnished
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 376.87
Sold Price/SqFt: 373.39
Lot Size Acres: 0
Below Grade Unfinished Area: 0
Garage Spaces: 0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Washer Architectural Style: Cabin; Log Association Fee Includes: Maintenance Grounds; Roads Attic Features: None Basement: Basement; Crawl Space; Finished; Full Construction Materials: Log; Log Siding; Masonry; Stone Cooling: Central Air; Electric; Heat Pump Exterior Features: Rain Gutters Fireplace Features: Electric; Factory Built; Masonry Flooring: Wood Heating: Central; Electric; Heat Pump Interior Features: Ceiling Fan(s); Great Room; High Speed Internet; Solid Surface Counters; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: Driveway; Paved Patio And Porch Features: Deck Pool Features: Hot Tub; In Ground; Private Possession: Close Of Escrow Rental: Off Site; Rental History Road Frontage Type: City Street Road Surface Type: Paved Roof: Composition; Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available View: Mountain(s) Water Source: Public Window Features: Window Treatments Showing Requirements: Appointment Only; See Remarks

Location Tax and Legal

Street Number: 1253
Street Name: Bear Cub
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Gatlinburg
Subdivision Name: Smoky Mtn Village

Contract Information

Original List Price: 1100000
Listing Contract Date: 2022-06-30
Owner Name: Chynoweth
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Common Interest: Planned Development
Association YN: Yes
Association Fee: 235
Association Fee Frequency: Monthly
Association Name: Smoky Mountain Village HOA
Association Email: daharwell1357@gmail.com
Association Type: Mandatory

Remarks and Miscellaneous

Public Remarks: "Love This Life" is a fully furnished, income producing 3 bed/3.5 bath cabin just minutes from downtown Gatlinburg. With indoor swim spa, theater, and lavish furnishings, this cabin is a money maker. This luxury lodge is sure to impress and is currently sleeping 10 guests on the overnight rental program. It grossed over $94,000 in 2021 with 6 weeks of owner blocks. lost revenue would have been 110k+. Interior features include an open living room area with stone accented electric fireplace, dining area, and eat in fully equipped spacious kitchen with stainless/black appliances, granite, and a stone accented snack bar/island. Second level has two oversized Master Suites each with private bathrooms with tiled walk in showers, double sink vanities, electric fireplace, and private deck access to the hot tub for relaxing. Also, featuring a log surround multi arcade game and other games for entertaining. Lower level has the third oversized Master Suite with its own private bathroom with walk in tiled shower, double sink vanity, and walls of glass to view the pool area . Also, on the lower level you will find the swim spa/pool located indoors in its own private room accented with stone walls and fixed glass windows, and a nice theatre room for entertaining! Laundry area has full size washer and dryer. Enjoy one of the two levels of covered decking with a vaulted roof on the back of the cabin taking in the views and serene setting, or step onto the front covered decks also with beautiful mountain views in the distance. Property is currently self managed (link in Addendum) on AirBnB. Owners have performed several updates including a new spa pack and plumbing for the swim spa, new water heater, several new furnishings, and new sleeper sofa in the living room.
Directions: From the Parkway turn at traffic light 10 onto Ski Mountain Rd in 1.5 mile turn right onto Wiley Oakley Dr. in .5 mil turn left onto Ski View Dr. on 2.2 mi turn right onto Bear Cub Way in .5 mi cabin will be on left.

Status Change Information

Major Change Timestamp: 2022-09-29T17:19:39Z
Major Change Type: Status Change
Price Change Timestamp: 2022-08-14T01:48:52Z
Status Change Timestamp: 2022-09-29
Purchase Contract Date: 2022-08-19
Close Date: 2022-09-29
Close Price: 1075000
Buyer Financing: Conventional
Anticipated Closing Date: 2022-09-30

More Information

Showing Requirements

Showing Instructions: To schedule a showing, call/text Christian Maloney at 865-809-3344. **ALL OFFERS TO INCLUDE ALL ASSOCIATED DOCUMENT DISCLOSURES** and to be sent to matthew@anniemaloney.com. https://abnb.me/GzM3C31gjrb
Appointment Only: Yes
See Remarks: Yes

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom, Fireplace: 3 or More

Location, Tax, and Legal

Restrictive Covenants YN: Yes
Zoning: C-2
Zoning Entity: Sevier County
Tax Lot: 17
Book/Page/Doc #: 5804, 98
Tax Annual Amount: 2779.07
Tax Year: 2021

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Range Hood: Yes
Refrigerator: Yes
Washer: Yes

Architectural Style

Cabin: Yes
Log: Yes

Association Fee Includes

Maintenance Grounds: Yes
Roads: Yes

Attic Features

None: Yes

Basement

Basement: Yes
Crawl Space: Yes
Finished: Yes
Full: Yes

Construction Materials

Log: Yes
Log Siding: Yes
Masonry: Yes
Stone: Yes

Cooling

Central Air: Yes
Electric: Yes
Heat Pump: Yes

Exterior Features

Rain Gutters: Yes

Fireplace Features

Electric: Yes
Factory Built: Yes
Masonry: Yes

Flooring

Wood: Yes

Heating

Central: Yes
Electric: Yes
Heat Pump: Yes

Interior Features

Ceiling Fan(s): Yes
Great Room: Yes
High Speed Internet: Yes
Solid Surface Counters: Yes
Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Two: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Parking Features

Driveway: Yes
Paved: Yes

Patio And Porch Features

Deck: Yes

Pool Features

Hot Tub: Yes
In Ground: Yes
Private: Yes

Possession

Close Of Escrow: Yes

Rental

Off Site: Yes
Rental History: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Paved: Yes

Roof

Composition: Yes
Metal: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

View

Mountain(s): Yes

Water Source

Public: Yes

Window Features

Window Treatments: Yes

Listing Office: Prime Mountain Properties

Last Updated: August - 26 - 2024

Information deemed reliable but not guaranteed.

1253 Bear Cub Way, Gatlinburg, TN 37738 (MLS# 251615)