4137 Ole Smoky Way, Sevierville, TN 37862

$1,445,000

Virtual Tour

http://tour.usamls.net/4137-Ole-Smoky-Way-Sevierville-TN-37862/unbranded

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,360 Lot Size (sq. ft.): 39,640 Status: Closed

Current Price: $1,445,000 List Date: 2/16/2022 Last Modified: 8/26/2024

Overview

Description

This high INCOME producing 3 story, 4 BD/4 BA, log cabin is truly one of a kind. Luxurious & Cozy! Offering beautiful wooded & year round Mountain VIEWs, privacy, tons of space, lots of indoor & outdoor entertainment, great location, and a RENTAL GUARANTEE of $160,000 - $170,000!!!!! Sitting on almost 1 acre and Located in the beautiful Wears Valley area, only 3 miles from the National Park, and has everything you could ask for. Arcade games, pool table, foosball, 2 large decks, outdoor grilling, hot tub, fire pit, kids outdoor play set, private workout room w/ mountain views, and the downstairs has a HUGE game room/media room PLUS a unique “cabin inside the big cabin” just for kids. With 3,300+ sq. ft. it is currently sleeping 14, but could easily sleep at least 16 or more. For $250 a year, owners & guests can have unlimited access to Honeysuckle Meadows pool, pond, & grill. The cabin has all NEW, UPDATED Decor, bedding, and also comes with ALL NEW items in the fully stocked kitch ... (Read more)

Listing Details MLS# 247437

General Property Information

Lot Size Acres: 0.91
Living Area: 3360
Above Grade Finished Area: 2176
Below Grade Finished Area: 1184
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 4
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: Yes
Year Built: 2002
Bonus Room YN: Yes
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: 401.79
Sold Price/SqFt: 430.06
Below Grade Unfinished Area: 0
Bathrooms Half: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Log Association Fee Includes: Roads Attic Features: None Basement: Basement; Finished Construction Materials: Log; Log Siding Cooling: Central Air; Gas; Heat Pump Exterior Features: Rain Gutters; Storage Fireplace Features: Electric Flooring: Wood Heating: Central; Heat Pump 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: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Private Parking Features: Driveway; Private Patio And Porch Features: Covered; Deck; Porch Pool Features: Hot Tub Possession: Close Of Escrow Rental: Off Site Road Frontage Type: County Road Roof: Metal Security Features: Smoke Detector(s) Sewer: Septic Tank View: Mountain(s) Water Source: Shared Well Window Features: Double Pane Windows

Location Tax and Legal

Street Number: 4137
Street Name: Ole Smoky
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Wears Valley
Subdivision Name: Wonderland Woods

Contract Information

Original List Price: 1350000
Listing Contract Date: 2022-02-16
Owner Name: Stewart
Occupancy: Either
Rental History Gross Amount 1: 160000
Rental History Year 1: 2022
Association YN: Yes
Association Fee: 175
Association Fee Frequency: Annually
Association Name: Wonderland Woods HOA
Association Email: mjh@itsrecycled.com
Association Type: Mandatory

Remarks and Miscellaneous

Public Remarks: This high INCOME producing 3 story, 4 BD/4 BA, log cabin is truly one of a kind. Luxurious & Cozy! Offering beautiful wooded & year round Mountain VIEWs, privacy, tons of space, lots of indoor & outdoor entertainment, great location, and a RENTAL GUARANTEE of $160,000 - $170,000!!!!! Sitting on almost 1 acre and Located in the beautiful Wears Valley area, only 3 miles from the National Park, and has everything you could ask for. Arcade games, pool table, foosball, 2 large decks, outdoor grilling, hot tub, fire pit, kids outdoor play set, private workout room w/ mountain views, and the downstairs has a HUGE game room/media room PLUS a unique “cabin inside the big cabin” just for kids. With 3,300+ sq. ft. it is currently sleeping 14, but could easily sleep at least 16 or more. For $250 a year, owners & guests can have unlimited access to Honeysuckle Meadows pool, pond, & grill. The cabin has all NEW, UPDATED Decor, bedding, and also comes with ALL NEW items in the fully stocked kitchen. Currently being self managed on vrbo & airbnb ( http://www.vrbo.com/2475423 ) - See current rental numbers and Venture Resort's guarantee of $160,000.00 (85/15 split) in assoc. Docs. Cabin is available to view Wednesday 2/16 & Thursday 2/17
Directions: Put 4125 Ole Smoky Way in GPS for best directions. From the Parkway in Pigeon Forge, take Wears Valley Rd. for 9.6 miles and then LEFT onto Manis Rd.- go half a mile and stay to the left to follow Ginseng Way. When you come to the 4 way stop continue straight on Ginseng Way/Ole Smoky Way. Continue up Ole Smoky Way and stay to your left. GPS will take you to the bottom of the property so continue to 4125 Ole Smoky Way, you will see a black gate and then u turn left onto gravel drive. Stay straight and cabin is at the very end of that road.

Status Change Information

Major Change Timestamp: 2022-04-01T17:06:48Z
Major Change Type: Status Change
Status Change Timestamp: 2022-04-01
Purchase Contract Date: 2022-02-17
Close Date: 2022-04-01
Close Price: 1445000
Buyer Financing: Conventional
Anticipated Closing Date: 2022-04-01

More Information

Showing Requirements

Showing Instructions: Multiple offers, submit highest and best by 8:00pm on Thursday Feb.17 and allow response time of 10:00 am on February 18th .Available to show 2/16 & 2/17. Schedule through showing time. PLEASE LEAVE ALL LIGHTS ON. Current owners rental numbers are in docs, They started renting it mid October and have 52K on the books. Venture guaranteed 160k for a year with 85/15 split. Contact Austen for offers or info.

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: Sevier County
Tax Lot: 66
Book/Page/Doc #: 5854, 230
Tax Annual Amount: 1126.23
Tax Year: 2019

Appliances

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

Architectural Style

Cabin: Yes
Log: Yes

Association Fee Includes

Roads: Yes

Attic Features

None: Yes

Basement

Basement: Yes
Finished: Yes

Construction Materials

Log: Yes
Log Siding: Yes

Cooling

Central Air: Yes
Gas: Yes
Heat Pump: Yes

Exterior Features

Rain Gutters: Yes
Storage: Yes

Fireplace Features

Electric: Yes

Flooring

Wood: Yes

Heating

Central: Yes
Heat Pump: 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

Three Or More: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Lot Features

Private: Yes

Parking Features

Driveway: Yes
Private: Yes

Patio And Porch Features

Covered: Yes
Deck: Yes
Porch: Yes

Pool Features

Hot Tub: Yes

Possession

Close Of Escrow: Yes

Rental

Off Site: Yes

Road Frontage Type

County Road: Yes

Roof

Metal: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Septic Tank: Yes

View

Mountain(s): Yes

Water Source

Shared Well: Yes

Window Features

Double Pane Windows: Yes

Listing Office: eXp Realty, LLC Maryville

Last Updated: August - 26 - 2024

Information deemed reliable but not guaranteed.

4137 Ole Smoky Way, Sevierville, TN 37862 (MLS# 247437)