realty-smokies

1508 Chipmunk Way, Sevierville, TN 37862

$1,250,000
Property Type: Residential Bedrooms: 8 Baths: 7 Square Footage: 3,726 Status: Closed
Current Price: $1,250,000 List Date: 9/26/2022 Last Modified: 9/02/2024

Overview

Description

GROSS RENTAL INCOME of $165,023.47 in 2022. This 8 BEDROOM 7 BATH CABIN SLEEPS 25. IDEAL LOCATION FOR LARGE GROUP RENTALS - cabin is located in beautiful Hidden Springs resort located next to Dollywood and Splash Country, minutes from Rocky Top Mountain Coaster, and downtown Pigeon Forge. Resort offers an INDOOR POOL. When you walk into the cabin, you are greeted with by a kitchen on your left and a HUGE open living space with gleaming hardwood floors throughout, cozy stone fireplace, 2 LARGE DINING TABLES, and spacious living room. Cabin offers 2 GAME ROOMS. Recreation room on middle level features a huge game room with pool table, air-hockey table, foosball table and flat screen TV. Game room on third level offers another pool table, card table and a flat screen tv. 3 huge back decks to relax in the rocking chairs or soak in 2 hot tubs while taking in the wooded view. 6 KING SIZE BEDROOMS, 1 SPACIOUS BEDROOM WITH 2 QUEEN SIZE BEDS, 1 SPACIOUS BEDROOM WITH BUNK BEDS. AMPLE LEVEL PARKI ...

Listing Details MLS# 254082

General Property Information

Living Area
3726
Above Grade Finished Area
3726
Bedrooms Total
8
Bathrooms Total
7
Bathrooms Full
7
Garage YN
No
Year Built
2005
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
383.76
Sold Price/SqFt
335.48
Lot Size Acres
0
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Log Association Amenities: Pool Association Fee Includes: Roads Basement: Crawl Space; None Construction Materials: Log Siding Cooling: Electric Exterior Features: Rain Gutters Fireplace Features: Electric Flooring: Wood Heating: Heat Pump Interior Features: Ceiling Fan(s); Elevator Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Private Patio And Porch Features: Deck Pool Features: Hot Tub Possession: Close Of Escrow; Other Road Frontage Type: County Road Roof: Composition Sewer: Shared Septic View: Mountain(s) Water Source: Private Showing Requirements: Appointment Only; See Remarks

Location Tax and Legal

Street Number
1508
Street Name
Chipmunk
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Sevierville
Subdivision Name
Hidden Springs Resort

Contract Information

Original List Price
1429900
Listing Contract Date
2022-09-26
Owner Name
Walter Fay
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Rental History Gross Amount 1
161537
Rental History Year 1
2021
Rental History Gross Amount 2
165023.47
Rental History Year 2
2022
Association YN
Yes
Association Fee
472
Association Fee Frequency
Quarterly
Association Name
Metropolitan Property Management
Association Email
na
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
GROSS RENTAL INCOME of $165,023.47 in 2022. This 8 BEDROOM 7 BATH CABIN SLEEPS 25. IDEAL LOCATION FOR LARGE GROUP RENTALS - cabin is located in beautiful Hidden Springs resort located next to Dollywood and Splash Country, minutes from Rocky Top Mountain Coaster, and downtown Pigeon Forge. Resort offers an INDOOR POOL. When you walk into the cabin, you are greeted with by a kitchen on your left and a HUGE open living space with gleaming hardwood floors throughout, cozy stone fireplace, 2 LARGE DINING TABLES, and spacious living room. Cabin offers 2 GAME ROOMS. Recreation room on middle level features a huge game room with pool table, air-hockey table, foosball table and flat screen TV. Game room on third level offers another pool table, card table and a flat screen tv. 3 huge back decks to relax in the rocking chairs or soak in 2 hot tubs while taking in the wooded view. 6 KING SIZE BEDROOMS, 1 SPACIOUS BEDROOM WITH 2 QUEEN SIZE BEDS, 1 SPACIOUS BEDROOM WITH BUNK BEDS. AMPLE LEVEL PARKING, NO CRAZY MOUNTAIN ROADS TO GET TO CABIN, LEVEL PARKING. Community water and sewer systems.
Directions
FROM Dolly Parton Pkwy: Turn RIGHT onto Middle Creek Rd and continue for 0.4 MI. Turn RIGHT onto TN-449/Veterans Blvd. In 3.9 MI. Continue on McCarter Hollow Rd. Continue onto Newcomb Hollow Rd. In 0.6 MI Continue onto Bears Den Way/Eagles Reach Wy. Continue to follow Bears Den Way. In 0.2 MI Turn LEFT onto Kissing Way In 0.3 MI Turn LEFT onto Chipmunk Way. Cabin will be on the LEFT.

Status Change Information

Major Change Timestamp
2023-05-03T17:25:41Z
Major Change Type
Status Change
Status Change Timestamp
2023-05-03
Purchase Contract Date
2023-04-15
Close Date
2023-05-03
Close Price
1250000
Buyer Financing
Other
Anticipated Closing Date
2023-05-15

More Information

Showing Requirements

Showing Instructions
FOR SHOWINGS, Please TEXT Haley 865-712-0500. Items that will not remain with the property: * Contents of owners' closets, Linens (sheets, towels, bedspreads), TV/internet providers equipment. Information is deemed reliable, but not guaranteed. Buyers should verify all information independently.
Appointment Only
Yes
See Remarks
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Tax Lot
688
Book/Page/Doc #
5042, 259
Tax Annual Amount
3054
Tax Year
2021

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Log
Yes

Association Amenities

Pool
Yes

Association Fee Includes

Roads
Yes

Basement

Crawl Space
Yes
None
Yes

Construction Materials

Log Siding
Yes

Cooling

Electric
Yes

Exterior Features

Rain Gutters
Yes

Fireplace Features

Electric
Yes

Flooring

Wood
Yes

Heating

Heat Pump
Yes

Interior Features

Ceiling Fan(s)
Yes
Elevator
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Private
Yes

Patio And Porch Features

Deck
Yes

Pool Features

Hot Tub
Yes

Possession

Close Of Escrow
Yes
Other
Yes

Road Frontage Type

County Road
Yes

Roof

Composition
Yes

Sewer

Shared Septic
Yes

View

Mountain(s)
Yes

Water Source

Private
Yes
Listing Office: Century 21 MVP
Last Updated: September - 02 - 2024
Information deemed reliable but not guaranteed.