307 Caney Creek Road, Pigeon Forge, TN 37863
$1,720,000
Property Type:
Residential
Bedrooms:
8
Baths:
8
Square Footage:
3,828
Lot Size (sq. ft.):
27,007
Status:
Closed
Current Price:
$1,720,000
List Date:
4/20/2022
Last Modified:
8/29/2024
Overview
Description
AMAZING OPPORTUNITY to own 0.62 Acre w/ 8 bedrooms + on the Caney Creek! You won't find another investment like this - cabins with mountain and creek view just out of Pigeon Forge on the way to Gatlinburg are extremely rare and in high demand. Caney Creek runs behind the Cabin and is wonderful to sit on the deck and enjoy the sounds of the water. Cabins on overnight rental programs with fantastic proven cash flow.. All furniture, paintings, appliances and decorations are conveyed with the property.More than $142,000 already on the books for 2022. Projected revenue to exceed $230,000 in gross overnight rental income.
Listing Details MLS# 248817
General Property Information
- Lot Size Dimensions
- 95.32 X 363.61 IRR
- Lot Size Acres
- 0.62
- Living Area
- 3828
- Above Grade Finished Area
- 3828
- Bedrooms Total
- 8
- Bathrooms Total
- 8
- Bathrooms Full
- 8
- Year Built
- 2003
- Bonus Room YN
- No
- Accessory Dwelling Unit YN
- No
- Sign On Property YN
- No
- Home Warranty YN
- No
- Construction Type
- Site Built
- View YN
- Yes
- List Price/SqFt
- 467.61
- Sold Price/SqFt
- 449.32
- Below Grade Finished Area
- 0
- Below Grade Unfinished Area
- 0
- Bathrooms Half
- 0
- Garage Spaces
- 0
Property Features
Appliances:
Dishwasher; Electric Range; Microwave; Refrigerator
Architectural Style:
Cabin
Attic Features:
Storage Only
Basement:
None
Construction Materials:
Log
Cooling:
Central Air
Fireplace Features:
Factory Built
Flooring:
Wood
Heating:
Central; Electric; Heat Pump
Interior Features:
Ceiling Fan(s); Great Room; High Speed Internet; Soaking Tub; Other
Levels:
Two
Listing Terms:
Cash; Conventional
Lot Features:
Wooded
Patio And Porch Features:
Deck
Pool Features:
Hot Tub
Possession:
Close Of Escrow
Rental:
Rental History
Road Surface Type:
Paved
Roof:
Composition
Security Features:
Smoke Detector(s)
Sewer:
Public Sewer
View:
Mountain(s); River
Water Source:
Public; Well
Showing Requirements:
Appointment Only; Call Listing Agent; Lockbox
Location Tax and Legal
- Street Number
- 307
- 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
- Falling Waters
Contract Information
- Original List Price
- 1790000
- Listing Contract Date
- 2022-04-20
- Owner Name
- 307 Caney Creek LLC
- Occupancy
- Overnight Only
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- AMAZING OPPORTUNITY to own 0.62 Acre w/ 8 bedrooms + on the Caney Creek! You won't find another investment like this - cabins with mountain and creek view just out of Pigeon Forge on the way to Gatlinburg are extremely rare and in high demand. Caney Creek runs behind the Cabin and is wonderful to sit on the deck and enjoy the sounds of the water. Cabins on overnight rental programs with fantastic proven cash flow.. All furniture, paintings, appliances and decorations are conveyed with the property.More than $142,000 already on the books for 2022. Projected revenue to exceed $230,000 in gross overnight rental income.
- Directions
- From Pigeon Forge Light #10, Go 0.5 Miles on Highway 411 (The SPUR) and Turn Right onto Caney Creek.Go 0.5 Miles and see the First Cabin on the Left. This Cabin is 2nd from the end. NO SIGN at the Property!
Status Change Information
- Major Change Timestamp
- 2022-06-15T17:12:17Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2022-06-15
- Purchase Contract Date
- 2022-05-31
- Close Date
- 2022-06-15
- Close Price
- 1720000
- Buyer Financing
- Cash
- Anticipated Closing Date
- 2022-06-16
More Information
Location, Tax, and Legal
- Restrictive Covenants YN
- No
- Zoning
- R-1
- Zoning Entity
- Sevier County
- Parcel Number
- 106J A 002.00
- Tax Lot
- 2
- Book/Page/Doc #
- LM4, 138
- Tax Annual Amount
- 1790.72
- Tax Year
- 2021
Appliances
- Dishwasher
- Yes
- Electric Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
Architectural Style
- Cabin
- Yes
Attic Features
- Storage Only
- Yes
Basement
- None
- Yes
Construction Materials
- Log
- Yes
Cooling
- Central Air
- Yes
Fireplace Features
- Factory Built
- Yes
Flooring
- Wood
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Interior Features
- Ceiling Fan(s)
- Yes
- Great Room
- Yes
- High Speed Internet
- Yes
- Soaking Tub
- Yes
- Other
- Yes
Levels
- Two
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Wooded
- Yes
Patio And Porch Features
- Deck
- Yes
Pool Features
- Hot Tub
- Yes
Possession
- Close Of Escrow
- Yes
Rental
- Rental History
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Composition
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Public Sewer
- Yes
View
- Mountain(s)
- Yes
- River
- Yes
Water Source
- Public
- Yes
- Well
- Yes
Showing Requirements
- Appointment Only
- Yes
- Call Listing Agent
- Yes
- Lockbox
- Yes
Listing Office:
Wallace Real Estate Lakeside
Last Updated: August - 29 - 2024
Information deemed reliable but not guaranteed.