2241 Legend Drive, Sevierville, TN 37876

$2,625,000

Virtual Tour

http://tour.usamls.net/2241-Legend-Dr-Sevierville-TN-37876/unbranded

Property Type: Residential Bedrooms: 6 Baths: 8 Square Footage: 6,572 Lot Size (sq. ft.): 27,878 Status: Closed

Current Price: $2,625,000 List Date: 2/02/2022 Last Modified: 8/30/2024

Overview

Description

ONE OF A KIND Smoky Mountain Lodge with INDOOR swimming pool and well established rental history! Gorgeous large Canadian Timbers adorn this lodge and give it a unique character and feel. Generous great room is complete with walls of glass and soaring cathedral ceilings that draws your focus to the oversized stacked stone fireplace and custom carved mantel. 6 full generous suits provide ample space for guests. Fully outfitted game room and heated indoor swimming pool round out the property and make it a high income producer. Extensive landscaping provides additional outdoor livings space that pairs extremely well with he generous wrap around and covered decks. Spacious kitchen is open and great for entertaining large parties! This property boasts an estimated 12.9% ROI for a cash purchase and 42% ROI with a 20% down purchase. This investment can cash flow! Multiple recent updates and upgrades including: new furniture, dishwasher, landscaping, 32' retaining wall, and deck railing replacements!

Listing Details MLS# 247200

General Property Information

Lot Size Acres: 0.64
Living Area: 6572
Above Grade Finished Area: 4212
Below Grade Finished Area: 2360
Bedrooms Total: 6
Bathrooms Total: 8
Bathrooms Full: 6
Bathrooms Half: 2
Garage YN: No
Year Built: 2006
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: 456.47
Sold Price/SqFt: 399.42
Below Grade Unfinished Area: 0
Garage Spaces: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator Architectural Style: Log Attic Features: None Basement: Basement; Finished; Walk-Out Access Construction Materials: Log; Stone; Wood Siding Cooling: Electric Exterior Features: Rain Gutters Fireplace Features: Gas Log Flooring: Wood Foundation Details: Slab Heating: Electric Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Solid Surface Counters; Walk-In Closet(s); Wet Bar Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Level; Wooded Patio And Porch Features: Covered; Deck Pool Features: Hot Tub; In Ground; Private Possession: Close Of Escrow Road Frontage Type: Easement Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File View: Mountain(s) Water Source: Shared Well; Well Window Features: Double Pane Windows; Window Treatments Showing Requirements: Appointment Only; See Remarks

Location Tax and Legal

Street Number: 2241
Street Name: Legend
Street Suffix: Drive
County: Sevier
State: TN
Zip Code: 37876
Property Sub Type: Single Family Residence
MLS Area Major: Pittman Center
Subdivision Name: Other

Contract Information

Original List Price: 2999900
Listing Contract Date: 2022-02-02
Owner Name: Jcarco Holdings LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Rental History Gross Amount 1: 326795
Rental History Year 1: 2022
Rental History Gross Amount 2: 285947
Rental History Year 2: 2021
Association YN: No
Association Type: None

Remarks and Miscellaneous

Public Remarks: ONE OF A KIND Smoky Mountain Lodge with INDOOR swimming pool and well established rental history! Gorgeous large Canadian Timbers adorn this lodge and give it a unique character and feel. Generous great room is complete with walls of glass and soaring cathedral ceilings that draws your focus to the oversized stacked stone fireplace and custom carved mantel. 6 full generous suits provide ample space for guests. Fully outfitted game room and heated indoor swimming pool round out the property and make it a high income producer. Extensive landscaping provides additional outdoor livings space that pairs extremely well with he generous wrap around and covered decks. Spacious kitchen is open and great for entertaining large parties! This property boasts an estimated 12.9% ROI for a cash purchase and 42% ROI with a 20% down purchase. This investment can cash flow! Multiple recent updates and upgrades including: new furniture, dishwasher, landscaping, 32' retaining wall, and deck railing replacements!
Directions: From Pigeon Forge, take Dollywood Lane at light #8 which turns into Upper Middle Creek Rd. Follow to the end (Dunn's Creek Market) and turn RIGHT onto Birds Creek Rd. Follow about 3.5 miles to a LEFT on Kings Hollow. STAY LEFT onto Legend Dr. Follow to the end of cul de sac. Take small drive. 2241 "Legend Crest" cabin is on the LEFT.

Status Change Information

Major Change Timestamp: 2022-03-31T17:05:53Z
Major Change Type: Status Change
Status Change Timestamp: 2022-03-31
Purchase Contract Date: 2022-02-13
Close Date: 2022-03-31
Close Price: 2625000
Buyer Financing: Cash
Anticipated Closing Date: 2022-03-31

More Information

Showing Requirements

Showing Instructions: To show or with questions contact Greg Korlin at 865-643-2103 // gregkorlin@gmail.com // text preferred // Performa in the associated docs. Shared well and is located on this property. Shared drive / easement drive. Docs in associated docs.
Appointment Only: Yes
See Remarks: Yes

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Location, Tax, and Legal

Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Tax Lot: 14
Book/Page/Doc #: 5755, 120
Tax Annual Amount: 2395
Tax Year: 2019

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Architectural Style

Log: Yes

Attic Features

None: Yes

Basement

Basement: Yes
Finished: Yes
Walk-Out Access: Yes

Construction Materials

Log: Yes
Stone: Yes
Wood Siding: Yes

Cooling

Electric: Yes

Exterior Features

Rain Gutters: Yes

Fireplace Features

Gas Log: Yes

Flooring

Wood: Yes

Foundation Details

Slab: Yes

Heating

Electric: Yes

Interior Features

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

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Three Or More: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Lot Features

Level: Yes
Wooded: Yes

Patio And Porch Features

Covered: Yes
Deck: Yes

Pool Features

Hot Tub: Yes
In Ground: Yes
Private: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

Easement: Yes

Road Surface Type

Paved: Yes

Roof

Composition: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Septic Tank: Yes
Septic Permit On File: Yes

View

Mountain(s): Yes

Water Source

Shared Well: Yes
Well: Yes

Window Features

Double Pane Windows: Yes
Window Treatments: Yes

Listing Office: Century 21 MVP

Last Updated: August - 30 - 2024

Information deemed reliable but not guaranteed.

2241 Legend Drive, Sevierville, TN 37876 (MLS# 247200)