realty-smokies

793 Chestnut Drive, Gatlinburg, TN 37738

$2,300,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 3,746 Lot Size (sq. ft.): 39,814 Status: Closed
Current Price: $2,300,000 List Date: 3/10/2023 Last Modified: 8/27/2024

Overview

Description

PRICE REDUCED! Sellers open to a creative deal! This stunning new construction is a MONEY MAKER, on track for $250k in RENTS ONLY in its first 12 months as a rental! With a prime location in Chalet Village North, and unbelievable views from every room, it has everything you need to be successful. From the moment you step through the door, you'll be greeted by a warm and inviting atmosphere that will wow your family and guests. With four king suites, a bonus sleeping room, and custom full-over-full bunks in the game room, this cabin rents as a 5/5.5 and is outfitted to comfortably sleep 18 in beds! Multiple recreation areas, three wrap-around decks, and a heated outdoor ModPool with viewing window make this property second to none. The main level of the home features an open-concept floor plan that seamlessly blends the living, dining, and kitchen areas. The living room features a huge wall of windows for taking in the views, while the kitchen is fully equipped with high-end appliances and a large island that is perfect for preparing meals. Custom dining set and bar stools by Kerf and Burled elevate your experience even further. Nothing has been overlooked for recreation - the main game room on the ground level hosts a pool table, digital pinball, and skee ball! Enjoy a game of shuffleboard on the main level with the custom shuffleboard table, and upstairs in the loft you'll find foozball and a Silver Strike multicade. Ready to relax with a beverage? The custom loft bar top provides superior views and plenty of seating for all. Everything is of premium quality and optimized for guest satisfaction. All five suites feature amazing views and direct access to the wrap-around decks. Generously sized and professionally decorated, you'll find thoughtful touches and modern fixtures throughout; all have king beds and en-suite bathrooms with tile surrounds. Located in the game room are two sets of built-in full-over-full bunks for kid-approved slumber parties! Outside, you'll find plenty of space for outdoor living and entertaining, including three large wrap-around decks perfect for grilling and dining al fresco. Relax in the hot tub, or take a dip in the heated, ultra-modern ModPool - featuring an underwater viewing window that will please all ages! The quality of construction is unsurpassed, with Trex decking and cement-fiber siding offering extremely low maintenance for years to come. Don't miss your chance to own this spectacular property. Contact your agent today to schedule a viewing! Drone photography is being used.

Listing Details MLS# 256186

General Property Information

Lot Size Dimensions
273.49 X 255.58 IRR
Lot Size Acres
0.914
Living Area
3746
Above Grade Finished Area
3746
Bedrooms Total
4
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Garage YN
No
Year Built
2022
Bonus Room YN
Yes
Accessory Dwelling Unit YN
No
Sign On Property YN
Yes
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
View YN
Yes
List Price/SqFt
613.99
Sold Price/SqFt
613.99
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin; Chalet; Contemporary Association Amenities: Clubhouse; Pool; Tennis Court(s) Attic Features: None Basement: Crawl Space; None Community Features: Clubhouse Construction Materials: Cement Siding Cooling: Central Air; Electric Fireplace Features: Electric Heating: Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Patio And Porch Features: Covered; Deck Pool Features: Hot Tub; Private Possession: Close Of Escrow Road Frontage Type: City Street; County Road Roof: Metal Security Features: Smoke Detector(s) Sewer: Septic Tank View: Mountain(s) Water Source: Public Window Features: Double Pane Windows

Location Tax and Legal

Street Number
793
Street Name
Chestnut
Street Suffix
Drive
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Gatlinburg
Subdivision Name
Chalet Village North

Contract Information

Original List Price
2500000
Listing Contract Date
2023-03-10
Owner Name
Smoky Ventures LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
Yes
Association Fee
534
Association Fee Frequency
Annually
Association Name
Chalet Village Owners Club
Association Email
cvowners@aol.com
Association Type
Voluntary

Remarks and Miscellaneous

Public Remarks
PRICE REDUCED! Sellers open to a creative deal! This stunning new construction is a MONEY MAKER, on track for $250k in RENTS ONLY in its first 12 months as a rental! With a prime location in Chalet Village North, and unbelievable views from every room, it has everything you need to be successful. From the moment you step through the door, you'll be greeted by a warm and inviting atmosphere that will wow your family and guests. With four king suites, a bonus sleeping room, and custom full-over-full bunks in the game room, this cabin rents as a 5/5.5 and is outfitted to comfortably sleep 18 in beds! Multiple recreation areas, three wrap-around decks, and a heated outdoor ModPool with viewing window make this property second to none. The main level of the home features an open-concept floor plan that seamlessly blends the living, dining, and kitchen areas. The living room features a huge wall of windows for taking in the views, while the kitchen is fully equipped with high-end appliances and a large island that is perfect for preparing meals. Custom dining set and bar stools by Kerf and Burled elevate your experience even further. Nothing has been overlooked for recreation - the main game room on the ground level hosts a pool table, digital pinball, and skee ball! Enjoy a game of shuffleboard on the main level with the custom shuffleboard table, and upstairs in the loft you'll find foozball and a Silver Strike multicade. Ready to relax with a beverage? The custom loft bar top provides superior views and plenty of seating for all. Everything is of premium quality and optimized for guest satisfaction. All five suites feature amazing views and direct access to the wrap-around decks. Generously sized and professionally decorated, you'll find thoughtful touches and modern fixtures throughout; all have king beds and en-suite bathrooms with tile surrounds. Located in the game room are two sets of built-in full-over-full bunks for kid-approved slumber parties! Outside, you'll find plenty of space for outdoor living and entertaining, including three large wrap-around decks perfect for grilling and dining al fresco. Relax in the hot tub, or take a dip in the heated, ultra-modern ModPool - featuring an underwater viewing window that will please all ages! The quality of construction is unsurpassed, with Trex decking and cement-fiber siding offering extremely low maintenance for years to come. Don't miss your chance to own this spectacular property. Contact your agent today to schedule a viewing! Drone photography is being used.
Directions
From the Spur, turn onto Wiley Oakley at the Welcome Center. After 1.1 miles, continue straight onto N Woodland Drive. Follow for 0.2 miles, then bear left onto Chestnut Drive. Property will be on the right.

Status Change Information

Major Change Timestamp
2023-10-25T17:35:25Z
Major Change Type
Status Change
Price Change Timestamp
2023-08-08T23:30:00Z
Status Change Timestamp
2023-10-25
Purchase Contract Date
2023-10-12
Close Date
2023-10-25
Close Price
2300000
Buyer Financing
Other
Anticipated Closing Date
2023-10-23

More Information

Showing Requirements

Showing Instructions
Text Julie at 615-568-6195 to show. Video tour here: https://youtu.be/_GePOtB6wl0 Loan may be assumable; sellers open to creative deal structuring. Currently managed by StaySimpli; buyer is not required to remain with PM, though sellers would prefer it. HOA is mandatory if property is a vacation rental. Property taxes are for LOT ONLY; they will increase when property is assessed. Tax records did not provide acreage number; acreage is from survey. Square footage from previous appraisal. Information is deemed reliable but not guaranteed; buyer or buyer's agent to verify anything of importance to them.

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Parcel Number
126B A 017.00
Tax Lot
301
Book/Page/Doc #
6237, 739
Tax Annual Amount
224.96
Tax Year
2022

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Chalet
Yes
Contemporary
Yes

Association Amenities

Clubhouse
Yes
Pool
Yes
Tennis Court(s)
Yes

Attic Features

None
Yes

Basement

Crawl Space
Yes
None
Yes

Community Features

Clubhouse
Yes

Construction Materials

Cement Siding
Yes

Cooling

Central Air
Yes
Electric
Yes

Fireplace Features

Electric
Yes

Heating

Electric
Yes
Heat Pump
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Great Room
Yes
Solid Surface Counters
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes

Pool Features

Hot Tub
Yes
Private
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes
County Road
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes

View

Mountain(s)
Yes

Water Source

Public
Yes

Window Features

Double Pane Windows
Yes
Listing Office: eXp Realty, LLC 7765
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.