realty-smokies

4361 Forest Ridge Way, THE POOL PALACE, Pigeon Forge, TN 37863

$1,727,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 4,432 Status: Closed
Current Price: $1,727,000 List Date: 12/15/2021 Last Modified: 8/29/2024

Overview

Description

Buyers Financing Fell Through! Amazing investment opportunity! Projected rental of $190K gross + This spacious cabin can comfortably accommodate all your guests at nearly 4500sqft with oversize great room, vaulted ceilings and windows galore. The Pool Palace has 5 on suite king sized bedrooms, generous game room and separate theater room with seating for everyone. LARGE OPEN INDOOR POOL with lots of windows, has recently been upgraded. Cabin close to community pool. 3 levels of decks offering privacy, just 4 mins from the parkway. Perfect location in Pigeon Forge with easy access to Wears Valley, Sevierville and Gatlinburg and all area attractions such as Dollywood, Anakeesta and Mountain Coasters. With proven rental history, this cabin is the real deal. Cabin, The Pool Palace currently rented with Patriot Getaways

Listing Details MLS# 246512

General Property Information

Living Area
4432
Above Grade Finished Area
2848
Below Grade Finished Area
1584
Bedrooms Total
5
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Garage YN
No
Year Built
2016
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
394.86
Sold Price/SqFt
389.67
Lot Size Acres
0
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Washer Architectural Style: Cabin Association Amenities: Pool Association Fee Includes: Insurance; Maintenance Grounds Attic Features: None Basement: Basement; Finished Construction Materials: Log Cooling: Central Air Fireplace Features: Electric Flooring: Wood Heating: Central; Electric Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Lot Features: Wooded Parking Features: Driveway; Paved Patio And Porch Features: Deck Pool Features: Hot Tub; In Ground; Private Possession: Close Of Escrow Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Water Source: Private Showing Requirements: See Remarks

Location Tax and Legal

Street Number
4361
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
1750000
Listing Contract Date
2021-12-15
Owner Name
Rigg Properties Inc
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
Association Email
pcampbell@fortnersmalley.com
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Buyers Financing Fell Through! Amazing investment opportunity! Projected rental of $190K gross + This spacious cabin can comfortably accommodate all your guests at nearly 4500sqft with oversize great room, vaulted ceilings and windows galore. The Pool Palace has 5 on suite king sized bedrooms, generous game room and separate theater room with seating for everyone. LARGE OPEN INDOOR POOL with lots of windows, has recently been upgraded. Cabin close to community pool. 3 levels of decks offering privacy, just 4 mins from the parkway. Perfect location in Pigeon Forge with easy access to Wears Valley, Sevierville and Gatlinburg and all area attractions such as Dollywood, Anakeesta and Mountain Coasters. With proven rental history, this cabin is the real deal. Cabin, The Pool Palace currently rented with Patriot Getaways
Directions
At light #10 in Pigeon Forge: Right on Conner Heights. Follow for .5 miles, left on Rush Branch. Go .9 miles, right into Sherwood Forest. Go through the gate. Cabin will be on the Left. The Pool Palace.

Status Change Information

Major Change Timestamp
2022-04-05T17:03:02Z
Major Change Type
Status Change
Status Change Timestamp
2022-04-05
Purchase Contract Date
2022-02-16
Close Date
2022-04-05
Close Price
1727000
Buyer Financing
Conventional
Anticipated Closing Date
2022-04-01

More Information

Showing Requirements

Showing Instructions
Please text listing agent to schedule all appointments at 865-607-9565. Cabin name: The Pool Palace, https://patriotgetaways.com/cabins/in-pigeon-forge/the-pool-palace.html Seller request cabin to stay on rental with Patriot Getaways 60 days after closing. All information deemed reliable, but not guaranteed by the listing agent. Buyer should verify all information of concern.
See Remarks
Yes

Location, Tax, and Legal

Street Additional Info
THE POOL PALACE
Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Tax Lot
63-R
Book/Page/Doc #
5319, 410
Tax Annual Amount
2268.27
Tax Year
2019

Appliances

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

Architectural Style

Cabin
Yes

Association Amenities

Pool
Yes

Association Fee Includes

Insurance
Yes
Maintenance Grounds
Yes

Attic Features

None
Yes

Basement

Basement
Yes
Finished
Yes

Construction Materials

Log
Yes

Cooling

Central Air
Yes

Fireplace Features

Electric
Yes

Flooring

Wood
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Great Room
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lot Features

Wooded
Yes

Parking Features

Driveway
Yes
Paved
Yes

Patio And Porch Features

Deck
Yes

Pool Features

Hot Tub
Yes
In Ground
Yes
Private
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Water Source

Private
Yes
Listing Office: United Real Estate Solutions
Last Updated: August - 29 - 2024
Information deemed reliable but not guaranteed.