realty-smokies

511 New Venture Way, Sevierville, TN 37876

$1,155,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,134 Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $1,155,000 List Date: 6/08/2024 Last Modified: 9/05/2024

Description

Furnished, new-construction 4 bedroom with indoor pool, game room, and mountain views! This stunning contemporary cabin boasts a total of 3,134 square feet of living space, complete with the latest upscale finishes and a chic, modern vibe. The dramatic open floor plan features walls of glass that let in an abundance of natural light and provide views of the surrounding landscape and mountains. There are 4 bedrooms, 4 full bathrooms, and an additional half bathroom. The cabin also boasts an open loft, large entertainment area, and an indoor pool! Step outside and enjoy the beauty of nature from the comfort of one of your oversized decks. This property will be furnished with high-end, commercial grade furniture sourced from the top suppliers in the short-term rental industry. The Lodges at Reedmont is a premier short-term rental development with city utilities and is located minutes from all the best attractions and entertainment in the area. It is 2 minutes from Soaky Mountain and the Sevierville Convention Center and Pigeon Forge is just a short 15-minute drive away with no steep roads along the way. As an added bonus, The Lodges at Reedmont is also designated as an opportunity zone, providing investors with the potential for tax benefits, including tax deferrals on capital gains and potential tax-free appreciation on investments held for 10 years or more. [Drone photography used. Completed photos are of a similar property in development]

More Information MLS# 301455

Location Tax and Legal

House #: 511 Street Name: New Venture St Suffix: Way Area: Sevier State/Province: TN Zip Code: 37876 Property Sub-Type: Single Family Residence Area: Sevierville Subdivision: The Lodges at Reedmont Geo Lat: 35.898732 Geo Lon: -83.597497

Contract Information

Current Price: $1,155,000 OriginalListPrice: 1175000 Listing Price: 1175000 Status: Closed Listing Date: 2024-06-07 Owner Name: CV Development, LLC Listing Agreement: Exclusive Right To Sell Occupancy: Either Common Interest: Planned Development Association YN: Yes Association Fee: 200 Association Fee Frequency: Monthly Association Name: HOA Association Phone: .

General Property Information

Stories Total: 3 Lot Size Acres: 0.06 SqFt - Total (Aprox): 3134 Above Grade Finished Area: 1976 Below Grade Finished Area: 1158 # Bedrooms: 4 BathsTotal: 5 Baths - Full: 4 Bathrooms Half: 1 Garage YN: No Fireplace YN: Yes Year Built: 2023 Sign On Property YN: No Home Warranty YN: No Furnished: Furnished

Remarks and Miscellaneous

Public Remarks: Furnished, new-construction 4 bedroom with indoor pool, game room, and mountain views! This stunning contemporary cabin boasts a total of 3,134 square feet of living space, complete with the latest upscale finishes and a chic, modern vibe. The dramatic open floor plan features walls of glass that let in an abundance of natural light and provide views of the surrounding landscape and mountains. There are 4 bedrooms, 4 full bathrooms, and an additional half bathroom. The cabin also boasts an open loft, large entertainment area, and an indoor pool! Step outside and enjoy the beauty of nature from the comfort of one of your oversized decks. This property will be furnished with high-end, commercial grade furniture sourced from the top suppliers in the short-term rental industry. The Lodges at Reedmont is a premier short-term rental development with city utilities and is located minutes from all the best attractions and entertainment in the area. It is 2 minutes from Soaky Mountain and the Sevierville Convention Center and Pigeon Forge is just a short 15-minute drive away with no steep roads along the way. As an added bonus, The Lodges at Reedmont is also designated as an opportunity zone, providing investors with the potential for tax benefits, including tax deferrals on capital gains and potential tax-free appreciation on investments held for 10 years or more. [Drone photography used. Completed photos are of a similar property in development]

Status Change Information

Major Change Timestamp: 2024-06-08T14:48:38Z Major Change Type: Status Change Status Change Timestamp: 2024-06-08 Under Contract Date: 2024-06-07 Sold Date: 2024-06-07 Sold Price: $1,155,000 Buyer Financing: Conventional

Fireplace Features

Fireplaces Total: 1

Showing Requirements

Showing Instructions: Text Rachel at 865-805-6114 for showings and more information.

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Contemporary Association Fee Includes: Insurance; Roads Basement: Finished Construction Materials: Cement Siding; Other Cooling: Central Air Fireplace Features: Electric Heating: Central; Natural Gas Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Kitchen Island; Solid Surface Counters Laundry Features: Laundry Room Levels: Three Or More Listing Terms: 1031 Exchange; Cash Patio And Porch Features: Porch Pool Features: Hot Tub; In Ground; Indoor Property Condition: Under Construction Roof: Composition Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Mountain(s) Water Source: Public
Listing Office: Local Realty Group
Last Updated: September - 05 - 2024
Information deemed reliable but not guaranteed.