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303 CANEY CREEK Road, Pigeon Forge, TN 37863
$1,700,200
Property Type:
Residential
Bedrooms:
8
Baths:
8
Square Footage:
3,828
Lot Size (sq. ft.):
34,848
Status:
Closed
Current Price:
$1,700,200
List Date:
9/19/2021
Last Modified:
8/29/2024
Overview
Description
Creekside Getaway is projected to finish 2021 at $230,000 in gross overnight rental income. After expenses, this gold mine represents an 11% cap rate for most investors! With nearly 4,000 sq ft of deluxe accommodations, featuring 8-bedrooms and 8-baths on the gorgeous year-round Caney Creek, this property borders the Great Smoky Mountains National Park. While it certainly feels like you're miles from the action, the cabin is just 4 minutes from the Pigeon Forge strip and 7 minutes from downtown Gatlinburg. The owners recently had all-new high-durability floors installed that complement the custom mountain furniture. This property is truly turnkey all the way down to the knives and forks. The bedrooms are outfitted to maximize occupancy, each with its own ensuite bathroom appointed with granite vanities, tiled showers, and jet tubs. 5 of the bedrooms are set up with hand-crafted king beds and natural branch futons. Three rooms feature queen bunks and the same high-quality futons. The game room comes stocked like a Dave-N-Busters with a pool table, foosball, twin driving arcade games, Big Buck Hunter, and a large screen multicade. With all of that and the open theater, your guests may never run out of things to do together during their stay. Of course, it wouldn't be a "Creekside Getaway" without Caney Creek. The back porch is just feet away from this year-round flowing gem that babbles by creating a truly serene setting. Hundreds of square feet of semi-enclosed porches, patios, gas and wood fire pits, hot tub, comfortable outside seating, and stonework all face the creek and behind it, the national park for maximum vacation privacy. It's no use sleeping so many people without the ability to feed them! This kitchen, with its stainless appliances, twin fridges, and ample seating is ready to deliver huge meals to your eager guests. They'll love the two, matching natural branch dining sets. Every detail in this cabin has been carefully considered. Exceptional care has been taken of this property, and every guest's desire has been anticipated. Whether adding it to your portfolio of properties or just beginning your short-term rental business, you'll be hard-pressed to find anything that compares in quality or revenue to 303 Caney Creek Rd.
Listing Details MLS# 245114
General Property Information
- Lot Size Acres
- 0.8
- Living Area
- 3828
- Above Grade Finished Area
- 3828
- Bedrooms Total
- 8
- Bathrooms Total
- 8
- Bathrooms Full
- 8
- Garage YN
- No
- Year Built
- 2003
- Bonus Room YN
- No
- Accessory Dwelling Unit YN
- No
- Sign On Property YN
- Yes
- Home Warranty YN
- No
- Furnished
- Furnished
- Construction Type
- Site Built
- View YN
- Yes
- Waterfront YN
- Yes
- List Price/SqFt
- 417.95
- Sold Price/SqFt
- 444.15
- Below Grade Finished Area
- 0
- Below Grade Unfinished Area
- 0
- Bathrooms Half
- 0
- Garage Spaces
- 0
Property Features
Appliances:
Dishwasher; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer
Architectural Style:
Cabin
Attic Features:
None
Basement:
Crawl Space; None
Construction Materials:
Log
Cooling:
Central Air; Electric
Exterior Features:
Rain Gutters
Fireplace Features:
Electric
Heating:
Central
Interior Features:
Cathedral Ceiling(s); Ceiling Fan(s); Formal Dining; Great Room; High Speed Internet; Soaking Tub; Solid Surface Counters
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Levels:
Two
Listing Terms:
1031 Exchange; Cash; Conventional; FHA; VA Loan
Lot Features:
Level
Patio And Porch Features:
Deck; Patio; Porch; Screened
Pool Features:
Hot Tub
Possession:
Close Of Escrow
Rental:
Rental History
Road Frontage Type:
County Road
Road Surface Type:
Gravel
Roof:
Composition
Security Features:
Smoke Detector(s)
Sewer:
Shared Septic
Utilities:
Cable Available
View:
Mountain(s)
Water Source:
Well
Waterfront Features:
Creek
Window Features:
Double Pane Windows
Showing Requirements:
Appointment Only; See Remarks
Location Tax and Legal
- Street Number
- 303
- Street Name
- CANEY CREEK
- Street Suffix
- Road
- County
- Sevier
- State
- TN
- Zip Code
- 37863
- Property Sub Type
- Single Family Residence
- MLS Area Major
- Pigeon Forge
- Subdivision Name
- Other
Contract Information
- Original List Price
- 1599900
- Listing Contract Date
- 2021-09-19
- Owner Name
- Long
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Rental History Gross Amount 1
- 230000
- Rental History Year 1
- 2021
- Rental History Gross Amount 2
- 172291
- Rental History Year 2
- 2020
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- Creekside Getaway is projected to finish 2021 at $230,000 in gross overnight rental income. After expenses, this gold mine represents an 11% cap rate for most investors! With nearly 4,000 sq ft of deluxe accommodations, featuring 8-bedrooms and 8-baths on the gorgeous year-round Caney Creek, this property borders the Great Smoky Mountains National Park. While it certainly feels like you're miles from the action, the cabin is just 4 minutes from the Pigeon Forge strip and 7 minutes from downtown Gatlinburg. The owners recently had all-new high-durability floors installed that complement the custom mountain furniture. This property is truly turnkey all the way down to the knives and forks. The bedrooms are outfitted to maximize occupancy, each with its own ensuite bathroom appointed with granite vanities, tiled showers, and jet tubs. 5 of the bedrooms are set up with hand-crafted king beds and natural branch futons. Three rooms feature queen bunks and the same high-quality futons. The game room comes stocked like a Dave-N-Busters with a pool table, foosball, twin driving arcade games, Big Buck Hunter, and a large screen multicade. With all of that and the open theater, your guests may never run out of things to do together during their stay. Of course, it wouldn't be a "Creekside Getaway" without Caney Creek. The back porch is just feet away from this year-round flowing gem that babbles by creating a truly serene setting. Hundreds of square feet of semi-enclosed porches, patios, gas and wood fire pits, hot tub, comfortable outside seating, and stonework all face the creek and behind it, the national park for maximum vacation privacy. It's no use sleeping so many people without the ability to feed them! This kitchen, with its stainless appliances, twin fridges, and ample seating is ready to deliver huge meals to your eager guests. They'll love the two, matching natural branch dining sets. Every detail in this cabin has been carefully considered. Exceptional care has been taken of this property, and every guest's desire has been anticipated. Whether adding it to your portfolio of properties or just beginning your short-term rental business, you'll be hard-pressed to find anything that compares in quality or revenue to 303 Caney Creek Rd.
- Directions
- From Pigeon Forge head south on 321 out of Pigeon Forge, property is with several similar properties on the left approximately 2 minutes on left. Farthest property on the left as you are looking at all of them.
Status Change Information
- Major Change Timestamp
- 2021-11-09T17:57:08Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2021-11-09
- Purchase Contract Date
- 2021-09-24
- Close Date
- 2021-11-09
- Close Price
- 1700200
- Buyer Financing
- Conventional
- Anticipated Closing Date
- 2021-11-10
More Information
Showing Requirements
- Showing Instructions
- Property has been blocked through Thursday, Sep 23rd at 4 pm to maximize compatibility with your showing schedule. If you would like an unbranded, narrated walkthrough of the property for your out-of-state clients, you will find one at the following link that you are free to share with them. https://tinyurl.com/xv3anv Please submit any offers by Friday 9/24 at 3 p.m. with a deadline no sooner than Friday 9/24 at 5pm EST to LesleyAdams@gmail.com For showings please reach out to Jeromy Adams for the door code at 281-630-6995. All offers should include seller-signed disclosures and proof of funds or preapproval.
- 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
- Yes
- Book/Page/Doc #
- LM 4, 138
- Tax Annual Amount
- 1826
- Tax Year
- 2019
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Electric Range
- Yes
- Microwave
- Yes
- Range Hood
- Yes
- Refrigerator
- Yes
- Self Cleaning Oven
- Yes
- Washer
- Yes
Architectural Style
- Cabin
- Yes
Attic Features
- None
- Yes
Basement
- Crawl Space
- Yes
- None
- Yes
Construction Materials
- Log
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Exterior Features
- Rain Gutters
- Yes
Fireplace Features
- Electric
- Yes
Heating
- Central
- Yes
Interior Features
- Cathedral Ceiling(s)
- Yes
- Ceiling Fan(s)
- Yes
- Formal Dining
- Yes
- Great Room
- Yes
- High Speed Internet
- Yes
- Soaking Tub
- Yes
- Solid Surface Counters
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
- Washer Hookup
- Yes
Levels
- Two
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Lot Features
- Level
- Yes
Patio And Porch Features
- Deck
- Yes
- Patio
- Yes
- Porch
- Yes
- Screened
- Yes
Pool Features
- Hot Tub
- Yes
Possession
- Close Of Escrow
- Yes
Rental
- Rental History
- Yes
Road Frontage Type
- County Road
- Yes
Road Surface Type
- Gravel
- Yes
Roof
- Composition
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Shared Septic
- Yes
Utilities
- Cable Available
- Yes
View
- Mountain(s)
- Yes
Water Source
- Well
- Yes
Waterfront Features
- Creek
- Yes
Window Features
- Double Pane Windows
- Yes
Listing Office:
Mountain Realty Group
Last Updated: August - 29 - 2024
Information deemed reliable but not guaranteed.