realty-smokies

1313 Harmony Way, Sevierville, TN 37876

$1,250,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,555 Lot Size (sq. ft.): 120,226 Status: Closed
Current Price: $1,250,000 List Date: 4/04/2024 Last Modified: 8/30/2024

Overview

Description

BACK ON THE MARKET!! Don't miss this opportunity for this unique cabin with super strong rental numbers! Previous contract the buyer backed out last minute (after inspection and appraisal both came back good) due to a ''family/financial emergency''. This 23' built luxury cabin is an absolute RENTAL MACHINE with AMAZING REVIEWS!! Active short term rental and is self managed by the owner. Currently has $104,000 income on the books for 2024 already, 160 nights rented, at a $650 ADR (as of 4/4/24), and 177 bookable days still left through end of the year. It is on pace to pay out $160,000-$170,000 for 2024 by year end. No history to show for 2023 since this is a new build that was placed in service 12/15/23. On a 3bdr septic system but, truly has 4 bedrooms+the bunk area. Rents as a 5 bdr-sleep 12 on Airbnb. The 4th bdr was finished out after the build was completed. Square footage on tax records may not reflect. Floorplans from measure house show 3,555 sqft as the total finished/h ...

Listing Details MLS# 300041

General Property Information

Stories Total
3
Lot Size Acres
2.76
Lot Size Source
See Remarks
Living Area
3555
Living Area Source
See Remarks
Above Grade Finished Area
2152
Below Grade Finished Area
1403
Bedrooms Total
3
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Garage YN
No
Fireplace YN
Yes
Year Built
2023
Bonus Room YN
Yes
Number of Bonus Rooms
Yes
Bonus Room Type(s)
basement- private sleeping room- 17'x14'
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
View YN
No
Waterfront YN
No
Accessibility Features YN
No
List Price/SqFt
351.62
Sold Price/SqFt
351.62
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Water Heater; Microwave Range Hood Combo; Refrigerator; Washer Architectural Style: Cabin; Chalet Attic Features: None Basement: Basement; Finished; Walk-Out Access Construction Materials: Block; Cedar; Frame; Shake Siding; Vinyl Siding Cooling: Central Air Current Financing: Conventional Current Use: Investment Documents: TN Prop Residential Condition Disc or Ex Documents Available: Aerial Photo; Septic Permit; Survey Electric: Underground Exterior Features: Gas Grill; Lighting; Rain Gutters Fireplace Features: Electric; Insert; Masonry Flooring: Hardwood; Luxury Vinyl Foundation Details: Slab Heating: Central; Electric Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Formal Dining; Granite Counters; Great Room; Solid Surface Counters; Storage; Walk-In Closet(s); Walk-In Shower(s) Laundry Features: Electric Dryer Hookup; In Hall; Laundry Closet; Main Level; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Lock Box Information: Call Seller Direct; See Remarks Lot Features: Sloped; Wooded Parking Features: Additional Parking; Asphalt; Gravel; Private Patio And Porch Features: Covered; Deck Pets Allowed: Yes Road Frontage Type: Private Road Road Responsibility: Private Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Septic Tank Skirt: Block Utilities: Electricity Available Water Source: Private; Well Showing Requirements: Appointment Only; Call Listing Agent; See Remarks Room Types: Bedroom 2; Bedroom 3; Bonus Room; Primary Bedroom

Location Tax and Legal

Street Number
1313
Street Name
Harmony
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37876
Property Sub Type
Cabin
MLS Area Major
Sevierville
Subdivision Name
Serenity Woods

Contract Information

Original List Price
1250000
Listing Contract Date
2024-03-20
Auction YN
No
Owner Name
Eric & Anna Dykes
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
No

Remarks and Miscellaneous

Public Remarks
BACK ON THE MARKET!! Don't miss this opportunity for this unique cabin with super strong rental numbers! Previous contract the buyer backed out last minute (after inspection and appraisal both came back good) due to a ''family/financial emergency''. This 23' built luxury cabin is an absolute RENTAL MACHINE with AMAZING REVIEWS!! Active short term rental and is self managed by the owner. Currently has $104,000 income on the books for 2024 already, 160 nights rented, at a $650 ADR (as of 4/4/24), and 177 bookable days still left through end of the year. It is on pace to pay out $160,000-$170,000 for 2024 by year end. No history to show for 2023 since this is a new build that was placed in service 12/15/23. On a 3bdr septic system but, truly has 4 bedrooms+the bunk area. Rents as a 5 bdr-sleep 12 on Airbnb. The 4th bdr was finished out after the build was completed. Square footage on tax records may not reflect. Floorplans from measure house show 3,555 sqft as the total finished/heated & cooled area for the entire property. Property was re-surveyed prior to build. Total acreage is now 2.76 acres. Tax records may not reflect. See updated survey in MLS docs. The basement bathroom, previously a half bath, had the stand up tile shower added after completion. This home now has 3 full baths (one on each level) and 1 half bath. The Current owner has spent over $110,000 finishing out and making improvements to the property since purchased. Professionally designed with high end furnishings, being sold 100% turn-key. Owner is willing to help with moving all future bookings to the new owners account if desired. Very low maintenance build! High end vinyl cedar shake siding, trex decking, powder coated aluminum hand railing. The only exterior wood is the framing for the decks :). Flat parking for 5-6 vehicles and has a level 2 EV charger. Airbnb link in agent notes on MLS. Owner/Agent-Listing agent is the owner.
Directions
From the Pigeon Forge Parkway heading towards Gatlinburg, turn left at red-light #8 onto Dollywood Ln, bare right by the golf course to stay on Dollywood ln, turn right onto Boogertown Rd, turn right onto Serenity ln., veer left onto Harmony Way. 1313 is the first house on the left.

Status Change Information

Major Change Timestamp
2024-05-21T00:36:49Z
Major Change Type
Status Change
Status Change Timestamp
2024-05-20
Purchase Contract Date
2024-04-07
Close Date
2024-05-20
Close Price
1250000
Buyer Financing
Conventional
Anticipated Closing Date
2024-05-15

More Information

Fireplace Features

Fireplaces Total
Yes
Electric
Yes
Insert
Yes
Masonry
Yes

Main Room Levels

Main Level Bathrooms
2
Main Level Bedrooms
Yes

Room Types

Bedroom 2 Level
Second
Bedroom 3 Level
Second
Bonus Room Level
Basement
Primary Bedroom Level
First
Bedroom 2
Yes
Bedroom 3
Yes
Bonus Room
Yes
Primary Bedroom
Yes

Location, Tax, and Legal

New Construction YN
No
Restrictive Covenants YN
Yes
Zoning
A-1
Zoning Entity
Sevier County
Parcel Number
078096 * 03206
Tax Lot
#5
Book/Page/Doc #
6397/732-734
Tax Annual Amount
3042
Tax Year
2024

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Cooktop
Yes
Electric Water Heater
Yes
Microwave Range Hood Combo
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Chalet
Yes

Attic Features

None
Yes

Basement

Basement
Yes
Finished
Yes
Walk-Out Access
Yes

Construction Materials

Block
Yes
Cedar
Yes
Frame
Yes
Shake Siding
Yes
Vinyl Siding
Yes

Cooling

Central Air
Yes
Electric
Yes

Current Financing

Conventional
Yes

Current Use

Investment
Yes

Documents

TN Prop Residential Condition Disc or Ex
Yes

Documents Available

Aerial Photo
Yes
Septic Permit
Yes
Survey
Yes

Electric

Underground
Yes

Exterior Features

Gas Grill
Yes
Lighting
Yes
Rain Gutters
Yes

Flooring

Hardwood
Yes
Luxury Vinyl
Yes

Foundation Details

Slab
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Formal Dining
Yes
Granite Counters
Yes
Great Room
Yes
Solid Surface Counters
Yes
Storage
Yes
Walk-In Closet(s)
Yes
Walk-In Shower(s)
Yes

Laundry Features

Electric Dryer Hookup
Yes
In Hall
Yes
Laundry Closet
Yes
Main Level
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lock Box Information

Call Seller Direct
Yes
See Remarks
Yes

Lot Features

Sloped
Yes
Wooded
Yes

Parking Features

Additional Parking
Yes
Asphalt
Yes
Gravel
Yes
Private
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes

Pets Allowed

Yes
Yes

Road Frontage Type

Private Road
Yes

Road Responsibility

Private Maintained Road
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes

Skirt

Block
Yes

Utilities

Electricity Available
Yes

Water Source

Private
Yes
Well
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
See Remarks
Yes

Room Information

Room Name Level
Primary Bedroom First
Bedroom 2 Second
Bedroom 3 Second
Bonus Room Basement
Listing Office: eXp Realty, LLC 7720
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.