realty-smokies

4335 Forest Ridge Way, Pigeon Forge, TN 37863

$1,600,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,880 Status: Closed
Current Price: $1,600,000 List Date: 4/12/2022 Last Modified: 8/29/2024

Overview

Description

Gross Rental Income in 2021 of $123,000+ even with ~30 days of owner stays. 2022 on track for 140k+. 4BR/4BA POOL CABIN with a stellar location in exclusive Sherwood Forest Resort between Gatlinburg and Pigeon Forge. HOA community pool open May-September. HOA dues @ $1800/year, billed quarterly.

Listing Details MLS# 249894

General Property Information

Living Area
3880
Above Grade Finished Area
2480
Below Grade Finished Area
1400
Bedrooms Total
4
Bathrooms Total
5
Bathrooms Full
4
Bathrooms Half
Yes
Garage YN
No
Year Built
2015
Bonus Room YN
Yes
Number of Bonus Rooms
Yes
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Construction Type
Site Built
View YN
Yes
List Price/SqFt
412.37
Sold Price/SqFt
412.37
Lot Size Acres
0
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dryer; Electric Cooktop; Electric Range; Microwave; Washer Architectural Style: Cabin Association Amenities: Pool Association Fee Includes: Maintenance Grounds Basement: Crawl Space; None Construction Materials: Wood Siding Cooling: Central Air Exterior Features: Rain Gutters Fireplace Features: Gas Log Heating: Heat Pump Interior Features: Ceiling Fan(s); High Speed Internet Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Patio And Porch Features: Deck Pool Features: Hot Tub; Private Possession: Close Of Escrow Rental: Rental History Road Frontage Type: Private Road Road Surface Type: Paved Roof: Composition Security Features: Gated Community Sewer: Public Sewer Utilities: Cable Available View: Mountain(s); Seasonal Water Source: Public Window Features: Double Pane Windows Showing Requirements: Appointment Only

Location Tax and Legal

Street Number
4335
Street Name
Forest Ridge
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37863
Property Sub Type
Single Family Residence
MLS Area Major
Pigeon Forge
Subdivision Name
Sherwood Forest Resort

Contract Information

Original List Price
1600000
Listing Contract Date
2022-04-12
Owner Name
Copenhaver Charles Mountain House LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Association YN
Yes
Association Fee
450
Association Fee Frequency
Quarterly
Association Name
Sherwood Forest Resort POA
Association Email
jack@itrip.net
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Gross Rental Income in 2021 of $123,000+ even with ~30 days of owner stays. 2022 on track for 140k+. 4BR/4BA POOL CABIN with a stellar location in exclusive Sherwood Forest Resort between Gatlinburg and Pigeon Forge. HOA community pool open May-September. HOA dues @ $1800/year, billed quarterly.
Directions
From Pigeon Forge Parkway, RIGHT on Mill Creek Rd which turns into Rush Branch Rd. RIGHT on Forest Ridge Way. Contact listing agent for Gate Code prior to showing.

Status Change Information

Major Change Timestamp
2022-06-01T17:16:52Z
Major Change Type
Status Change
Status Change Timestamp
2022-06-01
Purchase Contract Date
2022-04-13
Close Date
2022-06-01
Close Price
1600000
Buyer Financing
Conventional

More Information

Showing Requirements

Showing Instructions
Contact Listing Agent for showing requests and available dates. Seller willing to give Cleaning & handymen info once final walkthrough document is received by Listing Agent. SQFT & Acreage taken from CRS tax database. All information taken from public databases, county resources or seller, but Buyer and/or Buyer's Agent must perform all due diligence important to them. Any questions, please call or text call Matt Castle @ 276-477-9309 or email offers to matt@theshorttermshop.com. AirBNB link: https://www.airbnb.com/rooms/39839068
Appointment Only
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Pigeon Forge
Parcel Number
105L B 001.00
Tax Lot
56-R
Book/Page/Doc #
5423, 733
Tax Annual Amount
1998.57
Tax Year
2019

Appliances

Dryer
Yes
Electric Cooktop
Yes
Electric Range
Yes
Microwave
Yes
Washer
Yes

Architectural Style

Cabin
Yes

Association Amenities

Pool
Yes

Association Fee Includes

Maintenance Grounds
Yes

Basement

Crawl Space
Yes
None
Yes

Construction Materials

Wood Siding
Yes

Cooling

Central Air
Yes

Exterior Features

Rain Gutters
Yes

Fireplace Features

Gas Log
Yes

Heating

Heat Pump
Yes

Interior Features

Ceiling Fan(s)
Yes
High Speed Internet
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

Hot Tub
Yes
Private
Yes

Possession

Close Of Escrow
Yes

Rental

Rental History
Yes

Road Frontage Type

Private Road
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Security Features

Gated Community
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

View

Mountain(s)
Yes
Seasonal
Yes

Water Source

Public
Yes

Window Features

Double Pane Windows
Yes
Listing Office: eXp Realty, LLC 7720
Last Updated: August - 29 - 2024
Information deemed reliable but not guaranteed.