realty-smokies

950 Black Bear Cub Way, Sevierville, TN 37862

$1,300,000
Property Type: Residential Bedrooms: 7 Baths: 8 Square Footage: 3,096 Status: Closed
Current Price: $1,300,000 List Date: 4/29/2022 Last Modified: 8/30/2024

Overview

Description

Amazing vacation rental opportunity with over $173,000 in rentals already booked for 2023! This beautiful property built in 2004 made over $202,000 in 2022! This cabin with its own indoor pool is in the Black Bear Ridge Resort, located only a few miles from the main parkway in Pigeon Forge. Offering breathtaking views of the Smoky Mountains, this property is also conveniently located to all the attractions this area has to offer. This home is required to remain on the current rental program for 1 year after closing and will sell fully furnished and ready to rent packed full of arcade games, a home theater, and everything a rental will need!

Listing Details MLS# 249009

General Property Information

Living Area
3096
Above Grade Finished Area
1548
Below Grade Finished Area
1548
Below Grade Unfinished Area
1548
Bedrooms Total
7
Bathrooms Total
8
Bathrooms Full
7
Bathrooms Half
Yes
Year Built
2004
Bonus Room YN
Yes
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Construction Type
Site Built
List Price/SqFt
279.93
Sold Price/SqFt
279.93
Lot Size Acres
0
Garage Spaces
0

Property Features

Architectural Style: Cabin Sewer: Shared Septic Water Source: Public

Location Tax and Legal

Street Number
950
Street Name
Black Bear Cub
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Sevierville
Subdivision Name
Black Bear Ridge

Contract Information

Original List Price
3000000
Listing Contract Date
2022-04-29
Owner Name
CBCF General Partnership
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Association YN
Yes
Association Fee
1500
Association Fee Frequency
Annually
Association Name
Wise Property Solutions
Association Email
services@wisepropertysolutions.com
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Amazing vacation rental opportunity with over $173,000 in rentals already booked for 2023! This beautiful property built in 2004 made over $202,000 in 2022! This cabin with its own indoor pool is in the Black Bear Ridge Resort, located only a few miles from the main parkway in Pigeon Forge. Offering breathtaking views of the Smoky Mountains, this property is also conveniently located to all the attractions this area has to offer. This home is required to remain on the current rental program for 1 year after closing and will sell fully furnished and ready to rent packed full of arcade games, a home theater, and everything a rental will need!
Directions
Turn LEFT onto Wears Valley Road (Light #3.)?Drive 3.3 miles.?Turn LEFT onto Lost Branch Rd.?Drive 0.8 mile?Turn RIGHT onto Black Bear Cub Way?Drive 0.5 miles?Take a slight RIGHT?Drive?Arrive at Splash Mountain on the RIGHT

Status Change Information

Major Change Timestamp
2023-11-21T18:13:08Z
Major Change Type
Status Change
Price Change Timestamp
2023-09-10T02:00:06Z
Status Change Timestamp
2023-11-21
Purchase Contract Date
2023-09-13
Close Date
2023-11-21
Close Price
1300000
Buyer Financing
Other
Anticipated Closing Date
2023-10-27

More Information

Showing Requirements

Showing Instructions
Please contact listing agent for showings at (865) 755-8525. All showings, inspections, appraisals, etc will be scheduled around rental guests. This property is selling as is. Currently renting on the Venture Resorts rental program, for information / rental contracts / questions please contact an owner relations rep with Venture Resorts. Contact info is: Miranda Lewis 865.202.2271 or Mitch Thompson (865) 591-2403.

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Tax Lot
91-R
Book/Page/Doc #
4237, 155
Tax Annual Amount
3051.8
Tax Year
2020

Architectural Style

Cabin
Yes

Sewer

Shared Septic
Yes

Water Source

Public
Yes
Listing Office: Great Mountain Realty LLC
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.