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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.