825 Spirit Loop Way, Multiple addresses-Spirit Loop & Glory Ridge Way, Gatlinburg, TN 37738
$4,430,000
Property Type:
Commercial Sale
Square Footage:
47,583
Status:
Closed
Current Price:
$4,430,000
List Date:
12/04/2013
Last Modified:
8/23/2024
Overview
Description
This portfolio consists of 20 beautifully furnished cabins and lodges located within an appealing wooded cabin resort in the heart of the Gatlinburg Arts & Crafts Community. There is convenient access to area shopping, restaurants, and attractions. The address above is one of many cabins located on Spirit Loop Way and Glory Ridge Way. Bank REO property.
Listing Details MLS# 186023
General Property Information
- Number Of Buildings
- 20
- Living Area
- 47583
- Business Name
- Cabin & Lodge Resort
- Year Built
- 2004
- Bonus Room YN
- No
- Sign On Property YN
- No
- List Price/SqFt
- 115.59
- Sold Price/SqFt
- 93.1
- Lot Size Acres
- 0
- Number of Bonus Rooms
- 0
Property Features
Construction Materials:
Log Siding
Listing Terms:
Cash; Conventional; Fee Simple Improved
Parking Features:
On Site
Possession:
Negotiable
Road Frontage Type:
Private Road
Special Listing Conditions:
In Foreclosure
Showing Requirements:
Appointment Only; Call Listing Agent
Location Tax and Legal
- Street Number
- 825
- Street Name
- Spirit Loop
- Street Suffix
- Way
- County
- Sevier
- State
- TN
- Zip Code
- 37738
- Property Sub Type
- Other
- MLS Area Major
- Gatlinburg
- Subdivision Name
- Hemlock Hills
Contract Information
- Original List Price
- 5500000
- Listing Contract Date
- 2013-12-04
- Owner Name
- FTB
- Listing Agreement
- Exclusive Right To Sell
- Rental History Gross Amount 1
- 0
- Rental History Year 1
- 0
- Rental History Gross Amount 2
- 0
- Rental History Year 2
- 0
- Association Fee
- 0
Remarks and Miscellaneous
- Public Remarks
- This portfolio consists of 20 beautifully furnished cabins and lodges located within an appealing wooded cabin resort in the heart of the Gatlinburg Arts & Crafts Community. There is convenient access to area shopping, restaurants, and attractions. The address above is one of many cabins located on Spirit Loop Way and Glory Ridge Way. Bank REO property.
- Directions
- From the Parkway (US 441) in Gatlinburg, turn at Light #3 onto East Parkway (Hwy. 321). Follow to Left at light onto Glades Road, then Right on Proffitt Road to resort on Right.
Status Change Information
- Major Change Timestamp
- 2016-03-02T06:35:25Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2016-03-02
- Purchase Contract Date
- 2016-01-07
- Close Date
- 2016-03-02
- Close Price
- 4430000
- Buyer Financing
- Conventional
More Information
Currently Not Used
- Book/Page/Doc #
- 4109, 536
Showing Requirements
- Showing Instructions
- Price is 6.5% below $5,879,600 tax appraisal.
- Appointment Only
- Yes
- Call Listing Agent
- Yes
Location, Tax, and Legal
- Street Additional Info
- Multiple addresses-Spirit Loop & Glory Ridge Way
- Restrictive Covenants YN
- Yes
- Zoning
- R-1
- Zoning Entity
- Gatlinburg
- Tax Lot
- 00
- Tax Annual Amount
- 0
- Tax Year
- 0
Construction Materials
- Log Siding
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Fee Simple Improved
- Yes
Parking Features
- On Site
- Yes
Possession
- Negotiable
- Yes
Road Frontage Type
- Private Road
- Yes
Special Listing Conditions
- In Foreclosure
- Yes
Income and Expenses
- Maintenance Expense
- 0
Listing Office:
Sperry Van Ness/R M Moore, LLC
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.