4351 Forest Ridge Way, LOT 59 LOT 60, Pigeon Forge, TN 37863

$1,300,000

Property Type: Residential Bedrooms: 11 Baths: 12 Square Footage: 8,160 Status: Closed

Current Price: $1,300,000 List Date: 7/30/2014 Last Modified: 8/29/2024

Overview

Description

New construction 11 bedroom log cabin, complete with indoor pool and theatre! The perfect investment cabin, will be outfitted beautifully, handsome, dramatic design inspired by the Nottingham Lodge that anchors the Sherwood Forest Resort. This cabin will be a few doors down. (Photos are taken from the Nottingham Lodge). Large spacious great room, with soaring tongue and groove ceilings, true log construction, large stone fireplace draws you into this huge over 8500 sqft cabin. Gleaming wood, walls of glass, Just 5 minutes from downtown Pigeon Forge dining and shopping and shows! This cabin has a guarantee $325,000 rental income!!! It will be a fantastic investment. To be completed by Winter 2018.

Listing Details MLS# 193948

General Property Information

Living Area: 8160
Above Grade Finished Area: 4980
Below Grade Finished Area: 3180
Bedrooms Total: 11
Bathrooms Total: 12
Bathrooms Full: 10
Bathrooms Half: 2
Garage YN: No
Year Built: 2015
Bonus Room YN: No
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
List Price/SqFt: 165.44
Sold Price/SqFt: 159.31
Lot Size Acres: 0
Below Grade Unfinished Area: 0
Garage Spaces: 0
Number of Bonus Rooms: 0

Property Features

Appliances: Electric Range; Refrigerator Architectural Style: Log Basement: Basement; Finished Construction Materials: Log Cooling: Electric; Heat Pump Heating: Central Levels: Three Or More Listing Terms: Cash; Conventional Patio And Porch Features: Deck Pool Features: Hot Tub; Private Possession: Close Of Escrow Sewer: Public Sewer Showing Requirements: Call Listing Agent; Call Listing Office; See Remarks

Location Tax and Legal

Street Number: 4351
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

Contract Information

Original List Price: 1300000
Listing Contract Date: 2014-07-30
Owner Name: Northstar
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Rental History Gross Amount 1: 325000
Rental History Year 1: 2016
Association YN: No
Association Fee: 75
Rental History Gross Amount 2: 0
Rental History Year 2: 0

Remarks and Miscellaneous

Public Remarks: New construction 11 bedroom log cabin, complete with indoor pool and theatre! The perfect investment cabin, will be outfitted beautifully, handsome, dramatic design inspired by the Nottingham Lodge that anchors the Sherwood Forest Resort. This cabin will be a few doors down. (Photos are taken from the Nottingham Lodge). Large spacious great room, with soaring tongue and groove ceilings, true log construction, large stone fireplace draws you into this huge over 8500 sqft cabin. Gleaming wood, walls of glass, Just 5 minutes from downtown Pigeon Forge dining and shopping and shows! This cabin has a guarantee $325,000 rental income!!! It will be a fantastic investment. To be completed by Winter 2018.
Directions: From Parkway in Pigeon Forge at stoplight #10 turn onto Conner, travel approx. 1/2 mile turn left onto Rush Branch Road, follow to Entrance to Sherwood Forest on the right, turn in front of the rental office, go straight through the lower gate this is Forest Ridge Way, See lot on the left.

Status Change Information

Major Change Timestamp: 2017-04-28T09:00:00Z
Major Change Type: Price Change
Price Change Timestamp: 2017-04-28T09:00:00Z
Status Change Timestamp: 2017-04-27
Purchase Contract Date: 2016-01-28
Close Date: 2017-04-27
Close Price: 1300000
Buyer Financing: Conventional

More Information

Showing Requirements

Showing Instructions: We have rentals companies that will guarantee $325k this cabin - Ask us about. It can be customized somewhat. The furnishings will be similar of the new buyer can pick out their own within the allotment. . Buyer will need to procure a construction loan or have cash we can help with that as well. ** Please feel free to call Greg Korlin 865-286-1865 for clarification. ** to submit an offer contact Susan Smith susan.e.smith555@gmail.com 409-779.7128 $1,000 one time HOA fee to bring on program
Call Listing Agent: Yes
Call Listing Office: Yes
See Remarks: Yes

Location, Tax, and Legal

Street Additional Info: LOT 59 LOT 60
New Construction YN: Yes
New Construction Start Date: 2015-01-15
Estimated Completion Date: 2015-09-25
Restrictive Covenants YN: Yes
Zoning: Residential
Zoning Entity: Sevier County
Tax Lot: 55
Book/Page/Doc #: 4273, 424
Tax Annual Amount: 0
Tax Year: 0

Appliances

Electric Range: Yes
Refrigerator: Yes

Architectural Style

Log: Yes

Basement

Basement: Yes
Finished: Yes

Construction Materials

Log: Yes

Cooling

Electric: Yes
Heat Pump: Yes

Heating

Central: Yes

Levels

Three Or More: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Patio And Porch Features

Deck: Yes

Pool Features

Hot Tub: Yes
Private: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Listing Office: Century 21 MVP

Last Updated: August - 29 - 2024

Information deemed reliable but not guaranteed.

4351 Forest Ridge Way, LOT 59 LOT 60, Pigeon Forge, TN 37863 (MLS# 193948)