4130 Sherwood Heights Way, Pigeon Forge, TN 37863

$2,800,000

Virtual Tour

http://tour.usamls.net/4130-Sherwood-Heights-Way-Pigeon-Forge-TN-37863/unbranded

Property Type: Residential Bedrooms: 12 Baths: 14 Square Footage: 8,815 Status: Closed

Current Price: $2,800,000 List Date: 2/26/2021 Last Modified: 8/29/2024

Overview

Description

Incredible opportunity to own a monster of an income producing cabin in the prestigious Sherwood Forest Resort! Over $330,000 gross income on the books for 2021 as of 2/26/21! Perched at the top of Sherwood Forest in "The Village" phase "Smoky Mountain Memories" boasts gorgeous National Park and valley views. Low exterior maintenance with cement log look siding, and metal roof this mountain retreat has it all! Gorgeous all tongue and groove interior with a cool tone brown to offset the timeless pine look, soaring cathedral ceilings on the main and uppers floors, generous suites throughout, ample gathering space in the living (2 living areas), dining, kitchen, decks, theater, game room, and pool room! Decked out game rooms with multiple arcades, air hockey, pool table, and more! Indoor swimming pool ensures this property will produce at the top of the market for years to come! Income verification to be provided upon request.

Listing Details MLS# 240911

General Property Information

Living Area: 8815
Above Grade Finished Area: 5532
Below Grade Finished Area: 3283
Bedrooms Total: 12
Bathrooms Total: 14
Bathrooms Full: 14
Garage YN: No
Year Built: 2019
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: 323.31
Sold Price/SqFt: 317.64
Lot Size Acres: 0
Below Grade Unfinished Area: 0
Bathrooms Half: 0
Garage Spaces: 0

Property Features

Appliances: Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Washer Architectural Style: Cabin; Log Association Amenities: Pool Association Fee Includes: Insurance; Maintenance Grounds; Roads Basement: Basement; Crawl Space; Finished Construction Materials: Cement Siding; Frame; Log Siding Cooling: Central Air; Electric Exterior Features: Rain Gutters Fireplace Features: Gas Log Foundation Details: Combination Heating: Central; Electric; Heat Pump 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 Patio And Porch Features: Deck Pool Features: In Ground; Private Possession: Close Of Escrow Rental: Off Site; Rental History Road Frontage Type: County Road Road Surface Type: Paved Roof: Metal Security Features: Gated Community; Smoke Detector(s) Sewer: Shared Septic View: Mountain(s) Water Source: Public Window Features: Double Pane Windows Showing Requirements: Appointment Only; See Remarks

Location Tax and Legal

Street Number: 4130
Street Name: Sherwood Heights
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37863
Property Sub Type: Single Family Residence
MLS Area Major: Sevierville
Subdivision Name: Sherwood Forest Resort

Contract Information

Original List Price: 2850000
Listing Contract Date: 2021-02-26
Owner Name: Fox Hollow Lodges, 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: Sherwood Forest HOA
Association Type: Mandatory

Remarks and Miscellaneous

Public Remarks: Incredible opportunity to own a monster of an income producing cabin in the prestigious Sherwood Forest Resort! Over $330,000 gross income on the books for 2021 as of 2/26/21! Perched at the top of Sherwood Forest in "The Village" phase "Smoky Mountain Memories" boasts gorgeous National Park and valley views. Low exterior maintenance with cement log look siding, and metal roof this mountain retreat has it all! Gorgeous all tongue and groove interior with a cool tone brown to offset the timeless pine look, soaring cathedral ceilings on the main and uppers floors, generous suites throughout, ample gathering space in the living (2 living areas), dining, kitchen, decks, theater, game room, and pool room! Decked out game rooms with multiple arcades, air hockey, pool table, and more! Indoor swimming pool ensures this property will produce at the top of the market for years to come! Income verification to be provided upon request.
Directions: From Downtown Sevierville, head EAST on E Main St for 1.1 miles to a RIGHT onto Veterans Blvd. Go 6.3 miles to a slight LEFT onto Parkway, then 0.1 miles to a RIGHT onto W Mill Creek Rd. Go 1.8 miles to a RIGHT onto Forest Ridge Way, then 1.3 miles to the end of the road and cabin is on the RIGHT. See sign.

Status Change Information

Major Change Timestamp: 2021-08-09T16:42:44Z
Major Change Type: Status Change
Status Change Timestamp: 2021-08-09
Purchase Contract Date: 2021-04-26
Close Date: 2021-08-09
Close Price: 2800000
Buyer Financing: Conventional
Anticipated Closing Date: 2021-07-15

More Information

Showing Requirements

Showing Instructions: Income available upon request. For questions or showing please contact Greg Korlin at 865-643-2103. To submit an offer please send to gregkorlin@gmail.com. ***CURRENT AVAILABILITY; OPEN: Feb. 28, March 1, 2, 3, 8, 9, 10, 17, 18, 21-26.*** CABIN MUST REMAIN ON PROGRAM WITH CABINS USA 90 DAYS AFTER CLOSING IF REMOVING FROM PROGRAM
Appointment Only: Yes
See Remarks: Yes

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom, Fireplace: 3 or More

Location, Tax, and Legal

Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevierville
Tax Lot: 184-R1
Book/Page/Doc #: 4991, 259
Tax Annual Amount: 6530.46
Tax Year: 2019

Appliances

Dryer: Yes
Electric Range: Yes
Microwave: Yes
Range Hood: Yes
Refrigerator: Yes
Washer: Yes

Architectural Style

Cabin: Yes
Log: Yes

Association Amenities

Pool: Yes

Association Fee Includes

Insurance: Yes
Maintenance Grounds: Yes
Roads: Yes

Basement

Basement: Yes
Crawl Space: Yes
Finished: Yes

Construction Materials

Cement Siding: Yes
Frame: Yes
Log Siding: Yes

Cooling

Central Air: Yes
Electric: Yes

Exterior Features

Rain Gutters: Yes

Fireplace Features

Gas Log: Yes

Foundation Details

Combination: Yes

Heating

Central: Yes
Electric: Yes
Heat Pump: 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

Patio And Porch Features

Deck: Yes

Pool Features

In Ground: Yes
Private: Yes

Possession

Close Of Escrow: Yes

Rental

Off Site: Yes
Rental History: Yes

Road Frontage Type

County Road: Yes

Road Surface Type

Paved: Yes

Roof

Metal: Yes

Security Features

Gated Community: Yes
Smoke Detector(s): Yes

Sewer

Shared Septic: Yes

View

Mountain(s): Yes

Water Source

Public: Yes

Window Features

Double Pane Windows: Yes

Listing Office: Century 21 MVP

Last Updated: August - 29 - 2024

Information deemed reliable but not guaranteed.

4130 Sherwood Heights Way, Pigeon Forge, TN 37863 (MLS# 240911)