783 Park Vista Way, Gatlinburg, TN 37738

$1,200,000

Virtual Tour

https://www.dropbox.com/scl/fi/jpjx4ub1tbg14ccqmy7gq?r=ACLwWVPEjD0Yur2zpl55NxI_vd8Hyo-twn1VxzKqAcjO91_i3CinndzbCVqzP0Tv-kyjDXPFU4t-NDByypm4ciftdoRvl4z6zMpcJr2cxqH_M4Z6hb-_mn5Lm5frXmOv2BGbLwy8sC5oFKsAstS1KWTN

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 2,784 Lot Size (sq. ft.): 436 Status: Closed

Current Price: $1,200,000 List Date: 4/24/2024 Last Modified: 8/27/2024

Overview

Description

Welcome to Bearadise, built in 2020 and conveniently located in Gatlinburg Falls Resort! This proven Investment grossed $146,000 in 2023! Breathtaking mountain views from all levels! Located only 1.5 miles from the Main Parkway (Ripley's Golf) and 1.6 miles from the Gatlinburg Food City! Featuring 5 bedrooms, 5.5 bathrooms, game room, theater room, and multiple covered deck space. In compliance with Gatlinburg's Short Term Rental guidelines and equipped with a sprinkler system. Currently sleeping 16 guest. Gatlinburg Falls Resort features a nearby community pool and fitness center. City utilities, all roadways maintained for easy accessibility year-round! Interested in TWO properties side by side? The neighboring property is also for sale, 779 Park Vista Way. For more details please contact a trusted agent at your convenience.

Listing Details MLS# 300615

General Property Information

Stories Total: 3
Lot Size Acres: 0.01
Living Area: 2784
Above Grade Finished Area: 1920
Below Grade Finished Area: 864
Bedrooms Total: 5
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: Yes
Garage YN: No
Fireplace YN: Yes
Year Built: 2020
Bonus Room YN: No
Furnished: Furnished
Construction Type: Site Built
Planned Unit Development (PUD): Yes
View YN: Yes
List Price/SqFt: 502.51
Sold Price/SqFt: 431.03
Garage Spaces: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Architectural Style: Cabin; Log Association Amenities: Clubhouse; Maintenance Grounds; Pool; Recreation Facilities Association Fee Includes: Maintenance Grounds; Roads Attic Features: Access Only Basement: Basement; Finished Community Features: Fitness Center; Pool Construction Materials: Block; Frame; Log; Wood Siding Cooling: Heat Pump Current Use: Investment; Residential; Single Family Exterior Features: Rain Gutters Fireplace Features: Electric Flooring: Carpet; Hardwood; Tile; Other Heating: Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Walk-In Closet(s); Walk-In Shower(s) Levels: Tri-Level Listing Terms: 1031 Exchange; Cash; Conventional; Other Lot Features: City Lot; Landscaped Parking Features: Asphalt; Paved Patio And Porch Features: Covered; Deck Pool Features: Community; In Ground Possession: Close Of Escrow Road Frontage Type: Road Road Surface Type: Paved Sewer: Shared Septic Utilities: High Speed Internet Available; Internet Available View: Mountain(s) Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent

Location Tax and Legal

Street Number: 783
Street Name: Park Vista
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Gatlinburg
Subdivision Name: Gatlinburg Falls

Contract Information

Original List Price: 1399000
Listing Contract Date: 2024-04-24
Auction YN: No
Owner Name: William & Julie Mitchell
Listing Agreement: Exclusive Right To Sell
Occupancy: Overnight Only
Rental History Gross Amount 1: 145910
Rental History Year 1: 2023
Association YN: Yes
Association Fee: 202
Association Fee Frequency: Monthly
Association Name: Wise Property Solutions
Association Phone: 865-643-8989
Association Type: Mandatory

Remarks and Miscellaneous

Public Remarks: Welcome to Bearadise, built in 2020 and conveniently located in Gatlinburg Falls Resort! This proven Investment grossed $146,000 in 2023! Breathtaking mountain views from all levels! Located only 1.5 miles from the Main Parkway (Ripley's Golf) and 1.6 miles from the Gatlinburg Food City! Featuring 5 bedrooms, 5.5 bathrooms, game room, theater room, and multiple covered deck space. In compliance with Gatlinburg's Short Term Rental guidelines and equipped with a sprinkler system. Currently sleeping 16 guest. Gatlinburg Falls Resort features a nearby community pool and fitness center. City utilities, all roadways maintained for easy accessibility year-round! Interested in TWO properties side by side? The neighboring property is also for sale, 779 Park Vista Way. For more details please contact a trusted agent at your convenience.
Directions: From 321 Parkway, when entering Gatlinburg Gatlinburg take a left at the first traffic light 2A Dudley Creek Rd/Ridge Rd. Travel 1 mile to a stop sign, take a right to stay on Dudley Creek Rd. Travel .3 miles and take a left onto Cheshire Ct. Then take your first right onto Park Vista Way. Follow around and stay to your left to stay on Park Vista Way. Travel .015 of a mile to Park Vista Way on your left. Cabin will be the second property on your left.

Status Change Information

Major Change Timestamp: 2024-08-08T21:29:25Z
Major Change Type: Status Change
Status Change Timestamp: 2024-08-08
Purchase Contract Date: 2024-07-12
Close Date: 2024-08-06
Close Price: 1200000
Buyer Financing: Cash
Anticipated Closing Date: 2024-08-06

More Information

Fireplace Features

Fireplaces Total: Yes
Electric: Yes

Location, Tax, and Legal

City/County: City
New Construction YN: No
Restrictive Covenants YN: Yes
Zoning: R2
Zoning Entity: city
Parcel Number: 117 063.00
Tax Lot: 69
Tax Annual Amount: 4255.11
Tax Year: 2023

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Electric Water Heater: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Architectural Style

Cabin: Yes
Log: Yes

Association Amenities

Clubhouse: Yes
Maintenance Grounds: Yes
Pool: Yes
Recreation Facilities: Yes

Association Fee Includes

Maintenance Grounds: Yes
Roads: Yes
Sewer: Yes

Attic Features

Access Only: Yes

Basement

Basement: Yes
Finished: Yes

Community Features

Fitness Center: Yes
Pool: Yes

Construction Materials

Block: Yes
Frame: Yes
Log: Yes
Wood Siding: Yes

Cooling

Heat Pump: Yes

Current Use

Investment: Yes
Residential: Yes
Single Family: Yes

Exterior Features

Rain Gutters: Yes

Flooring

Carpet: Yes
Hardwood: Yes
Tile: Yes
Other: Yes

Heating

Heat Pump: Yes

Interior Features

Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Great Room: Yes
High Speed Internet: Yes
Walk-In Closet(s): Yes
Walk-In Shower(s): Yes

Levels

Tri-Level: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
Other: Yes

Lot Features

City Lot: Yes
Landscaped: Yes

Parking Features

Asphalt: Yes
Paved: Yes

Patio And Porch Features

Covered: Yes
Deck: Yes

Pool Features

Community: Yes
In Ground: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

Road: Yes

Road Surface Type

Paved: Yes

Sewer

Shared Septic: Yes

Utilities

High Speed Internet Available: Yes
Internet Available: Yes

View

Mountain(s): Yes

Water Source

Public: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Listing Office: TN Smoky Mtn Realty

Last Updated: August - 27 - 2024

Information deemed reliable but not guaranteed.

783 Park Vista Way, Gatlinburg, TN 37738 (MLS# 300615)