realty-smokies

130 Mills Park Road 3, Gatlinburg, TN 37738

$2,399,000
Property Type: Residential Bedrooms: 6 Baths: 7 Square Footage: 5,008 Lot Size (sq. ft.): 436 Status: Closed
Current Price: $2,399,000 List Date: 10/25/2024 Last Modified: 11/27/2024

Overview

Description

**JUST COMPLETED** Presenting a sensational, new-construction, 6-bedroom cabin complete with a revolutionary two-story indoor waterfall pool! With rental income projections soaring up to $329K annually, this modern mountain lodge is both an exquisite retreat and a lucrative investment opportunity. Spanning a generous 5,008 square feet, the cabin is replete with high-end finishes and a sleek, contemporary aesthetic. Upon entering the expansive main level, you'll be captivated by the spacious open floor plan that integrates the kitchen, dining area, and great room seamlessly. This level also features two exquisite ensuite king bedrooms, a cutting-edge game room with four handcrafted suspended bunk beds, and two sleeper sofas. The show-stopping, dual-level pool room, encased in store-front glass, provides breathtaking views from multiple vantage points across both levels. Ascend to the upper level to discover a private office, a lounge area with a pool table, and a stunning overview of the waterfall and pool below. Relax by the outdoor fireplace on the covered deck, soaking in the awe-inspiring mountain vistas of Mt. Leconte on tranquil afternoons. Outfitted with premium, commercial-grade furniture sourced from top-tier suppliers in the short-term rental industry, this cabin exemplifies unparalleled luxury and comfort. Located in the brand new prestigious Timber Ridge at Mills Park community, this property enjoys underground city utilities and proximity to the area's top attractions, dining, shops, and entertainment. You're less than one minute away from Mills Park and the Rocky Top Sports World complex, with downtown Gatlinburg less than five miles from your doorstep. As a unique perk, a tram stop at the neighborhood entrance offers guests a convenient, complimentary way to explore Gatlinburg. Seize the opportunity to own a truly unique cabin in Gatlinburg's newest professionally designed neighborhood—Timber Ridge at Mills Park. Experience the ultimate fusion of luxury and adventure at this impeccable mountain haven. Documents section in the MLS includes rental projections, floor plans, furnishing selections, appliance selections, and plat map. Link to video is in the Realtor Addendum

Listing Details MLS# 303546

General Property Information

Stories Total
2
Lot Size Acres
0.01
Lot Size Source
Other
Living Area
5008
Living Area Source
Plans
Above Grade Finished Area
5008
Bedrooms Total
6
Bathrooms Total
7
Bathrooms Full
6
Bathrooms Half
Yes
Garage YN
No
Fireplace YN
Yes
Year Built
2024
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
Yes
Home Warranty YN
Yes
Furnished
Furnished
Property Attached YN
No
Construction Type
Site Built
Planned Unit Development (PUD)
Yes
View YN
Yes
List Price/SqFt
479.03
Sold Price/SqFt
479.03
Below Grade Finished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Cooktop; Electric Range; Gas Water Heater; Microwave; Range Hood; Refrigerator; Washer Architectural Style: Cabin; Chalet; Crossmod Attic Features: None Basement: None Construction Materials: Block; Fiber Cement; Frame; Log Siding; Stone; Wood Siding Cooling: Central Air; Heat Pump Exterior Features: Rain Gutters Fireplace Features: Electric; Gas Log Flooring: Luxury Vinyl; Tile Heating: Central; Heat Pump; Natural Gas Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Granite Counters; High Speed Internet; Kitchen Island; Kitchen/Dining Combo; Pantry; Soaking Tub; Solid Surface Counters; Walk-In Shower(s); Other Laundry Features: Inside; Laundry Closet; Upper Level Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lock Box Information: Combo; SentriLock Parking Features: Asphalt; Off Street Patio And Porch Features: Covered; Deck Pool Features: Electric Heat; Gunite; Heated; Hot Tub; In Ground; Indoor; Private Possession: Close Of Escrow Property Condition: New Construction Road Frontage Type: City Street Road Surface Type: Paved Roof: Metal Security Features: Fire Sprinkler System; Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Connected; Electricity Connected; High Speed Internet Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Mountain(s) Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Lockbox

Location Tax and Legal

Street Number
130
Street Name
Mills Park
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Cabin
MLS Area Major
Gatlinburg
Subdivision Name
Timber Ridge

Contract Information

Original List Price
2399000
Sold Before Listed
No
Listing Contract Date
2024-10-25
Auction YN
No
Owner Name
Mills Park Cabins LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Rental History Gross Amount 1
329000
Rental History Year 1
2025
Association YN
Yes
Association Fee
150
Association Fee Frequency
Monthly
Association Name
Timber Ridge HOA
Association Phone
TBD
Association Email
TBD
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
**JUST COMPLETED** Presenting a sensational, new-construction, 6-bedroom cabin complete with a revolutionary two-story indoor waterfall pool! With rental income projections soaring up to $329K annually, this modern mountain lodge is both an exquisite retreat and a lucrative investment opportunity. Spanning a generous 5,008 square feet, the cabin is replete with high-end finishes and a sleek, contemporary aesthetic. Upon entering the expansive main level, you'll be captivated by the spacious open floor plan that integrates the kitchen, dining area, and great room seamlessly. This level also features two exquisite ensuite king bedrooms, a cutting-edge game room with four handcrafted suspended bunk beds, and two sleeper sofas. The show-stopping, dual-level pool room, encased in store-front glass, provides breathtaking views from multiple vantage points across both levels. Ascend to the upper level to discover a private office, a lounge area with a pool table, and a stunning overview of the waterfall and pool below. Relax by the outdoor fireplace on the covered deck, soaking in the awe-inspiring mountain vistas of Mt. Leconte on tranquil afternoons. Outfitted with premium, commercial-grade furniture sourced from top-tier suppliers in the short-term rental industry, this cabin exemplifies unparalleled luxury and comfort. Located in the brand new prestigious Timber Ridge at Mills Park community, this property enjoys underground city utilities and proximity to the area's top attractions, dining, shops, and entertainment. You're less than one minute away from Mills Park and the Rocky Top Sports World complex, with downtown Gatlinburg less than five miles from your doorstep. As a unique perk, a tram stop at the neighborhood entrance offers guests a convenient, complimentary way to explore Gatlinburg. Seize the opportunity to own a truly unique cabin in Gatlinburg's newest professionally designed neighborhood—Timber Ridge at Mills Park. Experience the ultimate fusion of luxury and adventure at this impeccable mountain haven. Documents section in the MLS includes rental projections, floor plans, furnishing selections, appliance selections, and plat map. Link to video is in the Realtor Addendum
Directions
From Gatlinburg take 321 east to a left on Mills Park Rd. Timber Ridge at Mills Park will be directly on your right.

Status Change Information

Major Change Timestamp
2024-11-27T14:43:59Z
Major Change Type
Status Change
Status Change Timestamp
2024-11-27
Purchase Contract Date
2024-10-27
Close Date
2024-11-27
Close Price
2399000
Buyer Financing
Conventional
Anticipated Closing Date
2024-11-27

More Information

Fireplace Features

Fireplaces Total
8
Electric
Yes
Gas Log
Yes

Main Room Levels

Main Level Bathrooms
2
Main Level Bedrooms
3

Parking Features

Open Parking YN
Yes
Asphalt
Yes
Off Street
Yes

Showing Requirements

Showing Instructions
Call/text Matt Maloney 865-719-2755
Appointment Only
Yes
Call Listing Agent
Yes
Lockbox
Yes

Location, Tax, and Legal

Unit Number
3
New Construction YN
Yes
New Construction Start Date
2024-01-01
Estimated Completion Date
2024-10-25
Restrictive Covenants YN
Yes
Zoning
R-2
Zoning Entity
Gatlinburg
Parcel Number
118 087.00
Tax Lot
Unit 3
Tax Annual Amount
726.98
Tax Year
2023

Appliances

Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Electric Cooktop
Yes
Electric Range
Yes
Gas Water Heater
Yes
Microwave
Yes
Range Hood
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Chalet
Yes
Crossmod
Yes

Attic Features

None
Yes

Basement

None
Yes

Construction Materials

Block
Yes
Fiber Cement
Yes
Frame
Yes
Log Siding
Yes
Stone
Yes
Wood Siding
Yes

Cooling

Central Air
Yes
Heat Pump
Yes

Exterior Features

Rain Gutters
Yes

Flooring

Luxury Vinyl
Yes
Tile
Yes

Heating

Central
Yes
Heat Pump
Yes
Natural Gas
Yes

Interior Features

Breakfast Bar
Yes
Ceiling Fan(s)
Yes
Eat-in Kitchen
Yes
Granite Counters
Yes
High Speed Internet
Yes
Kitchen Island
Yes
Kitchen/Dining Combo
Yes
Pantry
Yes
Soaking Tub
Yes
Solid Surface Counters
Yes
Walk-In Shower(s)
Yes
Other
Yes

Laundry Features

Inside
Yes
Laundry Closet
Yes
Upper Level
Yes

Levels

Two
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lock Box Information

Combo
Yes
SentriLock
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes

Pool Features

Electric Heat
Yes
Gunite
Yes
Heated
Yes
Hot Tub
Yes
In Ground
Yes
Indoor
Yes
Private
Yes

Possession

Close Of Escrow
Yes

Property Condition

New Construction
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Fire Sprinkler System
Yes
Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
High Speed Internet Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

Mountain(s)
Yes

Water Source

Public
Yes
Listing Office: Prime Mountain Properties
Last Updated: November - 27 - 2024
Information deemed reliable but not guaranteed.