realty-smokies

2727 Green Mountain, Sevierville, TN 37876

$2,000,000
Property Type: Residential Bedrooms: 8 Baths: 9 Square Footage: 5,792 Status: Closed
Current Price: $2,000,000 List Date: 5/10/2023 Last Modified: 9/01/2024

Overview

Description

Welcome to the ultimate pool cabin, featuring an incredible rooftop entertainment gazebo over the detached enclosed pool! Already established on a self-managed rental program, this monster is ready to rock and expected to hit $340,000 in rental income for it's first year (2022/2023 season)! This log style cabin is nestled in a prime location and features 8 large bedrooms that each have their own private bathrooms, no steep roads to navigate, plenty of parking, several entertainment systems, and a fully stocked kitchen. Inside you will be greeted by spacious living areas with large windows that flood the space with natural light. Outside you will find large decks great for entertaining or relaxing and taking in the fresh mountain air. Move quick, this one won't last long!

Listing Details MLS# 257220

General Property Information

Living Area
5792
Above Grade Finished Area
5792
Bedrooms Total
8
Bathrooms Total
9
Bathrooms Full
8
Bathrooms Half
Yes
Garage YN
No
Year Built
2022
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Construction Type
Site Built
List Price/SqFt
345.3
Sold Price/SqFt
345.3
Lot Size Acres
0
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin Association Amenities: Other Association Fee Includes: Roads Basement: Crawl Space; None Construction Materials: Frame; Log Siding Cooling: Central Air; Electric Fireplace Features: Electric Heating: Central; Electric; Heat Pump Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Patio And Porch Features: Deck Pool Features: In Ground Possession: Close Of Escrow; Other Rental: Rental History Road Frontage Type: County Road Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Shared Septic Water Source: Private Showing Requirements: Appointment Only; Call Listing Agent; See Remarks

Location Tax and Legal

Street Number
2727
Street Name
Green
Street Suffix
Mountain
County
Sevier
State
TN
Zip Code
37876
Property Sub Type
Single Family Residence
MLS Area Major
Gatlinburg
Subdivision Name
For By Grace Resort

Contract Information

Original List Price
2000000
Listing Contract Date
2023-05-10
Owner Name
Lost Horizon LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Association YN
Yes
Association Fee
100
Association Fee Frequency
Monthly
Association Name
For By Grace Resort 1
Association Email
amethaley@yahoo.com
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Welcome to the ultimate pool cabin, featuring an incredible rooftop entertainment gazebo over the detached enclosed pool! Already established on a self-managed rental program, this monster is ready to rock and expected to hit $340,000 in rental income for it's first year (2022/2023 season)! This log style cabin is nestled in a prime location and features 8 large bedrooms that each have their own private bathrooms, no steep roads to navigate, plenty of parking, several entertainment systems, and a fully stocked kitchen. Inside you will be greeted by spacious living areas with large windows that flood the space with natural light. Outside you will find large decks great for entertaining or relaxing and taking in the fresh mountain air. Move quick, this one won't last long!
Directions
From Pigeon Forge Traffic Light 3 aka Wears Valley Road head west on West Wears Valley Rd. Turn RIGHT onto Teaster Ln. Continue until a LEFT onto Dollywood Ln/ Upper Middle Creek Rd. Follow Upper Middle Creek until the end at Dunns Market. Turn RIGHT onto Birds Creek Rd. Go .3 miles to a LEFT onto Catons Chapel Rd. Continue for .5 miles until it turns into Old Mountain Rd. See For By Grace subdivision on RIGHT. Formerly known as Green Mountain PUD. Continue into subdivision and take Left at the top onto Green Mountain Way. Cabin is on the left

Status Change Information

Major Change Timestamp
2023-07-13T17:40:01Z
Major Change Type
Status Change
Status Change Timestamp
2023-07-13
Purchase Contract Date
2023-05-16
Close Date
2023-07-13
Close Price
2000000
Buyer Financing
Conventional
Anticipated Closing Date
2023-06-22

More Information

Showing Requirements

Showing Instructions
TO SCHEDULE A SHOWING- For questions text (for fastest response) Gennifer at 865.801.3188. RENTAL HISTORY IN ASSOC. DOCS..This one is projected to hit $340 (it's what their others up there do) and comes with over $100k in bookings if the new buyer wants. All info including Sqft in this listing is deemed to be accurate, but not guaranteed. Taxes based off of new construction for 2022. Buyer to verify HOA fees and inclusions. Please attach pre-qualification letter or proof of funds with all offers. As with all Real Estate transactions you should verify all information independently including HOA info, square footage, occupancy, etc. Buy Title insurance, have a survey, home inspection, and all other needed inspections. Equal housing opportunity. Most information from tax records and not verified by listing agent/company. EMAIL ALL OFFERS TO gennifer@theshorttermshop.com Airbnb link-https://www.airbnb.com/rooms/736124039572517605?source_impression_id=p3_1683327107_P2W7ZUPcqyOBb1zv
Appointment Only
Yes
Call Listing Agent
Yes
See Remarks
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Tax Lot
17R
Book/Page/Doc #
5468, 596
Tax Annual Amount
166.5
Tax Year
2022

Appliances

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

Architectural Style

Cabin
Yes

Association Amenities

Other
Yes

Association Fee Includes

Roads
Yes

Basement

Crawl Space
Yes
None
Yes

Construction Materials

Frame
Yes
Log Siding
Yes

Cooling

Central Air
Yes
Electric
Yes

Fireplace Features

Electric
Yes

Heating

Central
Yes
Electric
Yes
Heat Pump
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Two
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Patio And Porch Features

Deck
Yes

Pool Features

In Ground
Yes

Possession

Close Of Escrow
Yes
Other
Yes

Rental

Rental History
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Shared Septic
Yes

Water Source

Private
Yes
Listing Office: eXp Realty, LLC 7720
Last Updated: September - 01 - 2024
Information deemed reliable but not guaranteed.