realty-smokies

3417 Summit Trails Drive, Sevierville, TN 37862

$1,825,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 4,245 Lot Size (sq. ft.): 57,935 Status: Closed
Current Price: $1,825,000 List Date: 5/19/2022 Last Modified: 9/01/2024

Overview

Description

Rare opportunity to own a high end overnight rental in the prestigious The Summit community! $212,000 on the books for 2022 and a conservative projection of $245,000 gross for 2022 based on 65% occupancy! This mountain retreat boasts unique design and sturdy materials to ensure low and easy maintenance costs.Covered carport at the main entrance make for easy and carefree access. Indoor heating swimming pool and large common area spaces make this perfect for any family or friends get together. This home comes equipped with a 13-R commercial sprinkler system. Generous back deck off of the living room is covered and perfect for any gathering! Well cared for and maintained this would make the perfect second home or continue as an investment!

Listing Details MLS# 249575

General Property Information

Lot Size Acres
1.33
Living Area
4245
Above Grade Finished Area
2830
Below Grade Finished Area
1415
Bedrooms Total
4
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Garage Spaces
4
Year Built
2020
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
List Price/SqFt
518.38
Sold Price/SqFt
430.02
Below Grade Unfinished Area
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Contemporary Association Amenities: Management Association Fee Includes: Insurance; Roads Attic Features: Access Only Basement: Finished Construction Materials: Cement Siding Cooling: Electric Exterior Features: Rain Gutters Fireplace Features: Electric Foundation Details: Slab Heating: Electric Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Sprinklers In Rear Parking Features: Attached Carport Patio And Porch Features: Covered; Deck Pool Features: Hot Tub; In Ground Possession: Close Of Escrow Road Frontage Type: County Road Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Septic Tank View: Mountain(s); Seasonal Water Source: Public Window Features: Double Pane Windows Showing Requirements: Appointment Only; See Remarks

Location Tax and Legal

Street Number
3417
Street Name
Summit Trails
Street Suffix
Drive
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Bluff Mtn/Walde
Subdivision Name
The Summit

Contract Information

Original List Price
2600000
Listing Contract Date
2022-05-19
Owner Name
Jcarco Holdings II LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Rental History Gross Amount 1
245000
Rental History Year 1
2022
Association YN
Yes
Association Fee
650
Association Fee Frequency
Annually
Association Name
The Summit HOA
Association Email
thesummitbluffmtnhoa@yahoo.com
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Rare opportunity to own a high end overnight rental in the prestigious The Summit community! $212,000 on the books for 2022 and a conservative projection of $245,000 gross for 2022 based on 65% occupancy! This mountain retreat boasts unique design and sturdy materials to ensure low and easy maintenance costs.Covered carport at the main entrance make for easy and carefree access. Indoor heating swimming pool and large common area spaces make this perfect for any family or friends get together. This home comes equipped with a 13-R commercial sprinkler system. Generous back deck off of the living room is covered and perfect for any gathering! Well cared for and maintained this would make the perfect second home or continue as an investment!
Directions
From Pigeon Forge take Wears Valley Rd at traffic light 3 and go 2.8 miles to a RIGHT onto Walden Creek Rd. Go 1.7 miles and veer RIGHT onto Summit Trails Dr. Go 2.2 miles (stay RIGHT on Summit Trails at overlook) to the home on LEFT.

Status Change Information

Major Change Timestamp
2022-12-16T18:15:36Z
Major Change Type
Status Change
Price Change Timestamp
2022-10-03T22:02:41Z
Status Change Timestamp
2022-12-16
Purchase Contract Date
2022-11-03
Close Date
2022-12-16
Close Price
1825000
Buyer Financing
Conventional
Anticipated Closing Date
2022-12-01

More Information

Fireplace Features

Fireplaces Total
Yes
Electric
Yes

Showing Requirements

Showing Instructions
To show or with questions or to submit an offer contact Greg Korlin at 865-643-2103 // gregkorlin@gmail.com // Currently available May 19-21st, 27th, June 7-10th. // Rentals must be honored for 90 days post closing
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
118
Book/Page/Doc #
5793, 796
Tax Annual Amount
5436
Tax Year
2021

Appliances

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

Architectural Style

Contemporary
Yes

Association Amenities

Management
Yes

Association Fee Includes

Insurance
Yes
Roads
Yes

Attic Features

Access Only
Yes

Basement

Finished
Yes

Construction Materials

Cement Siding
Yes

Cooling

Electric
Yes

Exterior Features

Rain Gutters
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

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

Sprinklers In Rear
Yes

Parking Features

Attached Carport
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes

Pool Features

Hot Tub
Yes
In Ground
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes

View

Mountain(s)
Yes
Seasonal
Yes

Water Source

Public
Yes

Window Features

Double Pane Windows
Yes
Listing Office: Century 21 MVP
Last Updated: September - 01 - 2024
Information deemed reliable but not guaranteed.