realty-smokies

Lot 29 Reed Schoolhouse Road, Sevierville, TN 37862

$2,157,500
Property Type: Residential Bedrooms: 12 Baths: 13 Square Footage: 5,961 Status: Closed
Current Price: $2,157,500 List Date: 1/13/2023 Last Modified: 11/16/2024

Overview

Description

New construction of the perfect investment cabin in the new Lodges at Reedmont development! A stunning three-story pool cabin with a dramatic floor plan featuring 12 gorgeous bedrooms, 12 baths, a theater, private indoor pool, and a recreation room will be beautifully outfitted with handsome and high-end finishes throughout. The kitchen and living areas are open and spacious offering plenty of room for a group to comfortably enjoy meals together. This furnished cabin will sleep 48 making this a perfect setting for amazing and memorable group getaways for corporate and family retreats. Our 12 Bedrooms generate year after year a gross rental income of $300,000+! Call us for a financial pro forma. The location is simply fantastic - just around the corner from the Sevierville Convention Center, the Soaky Mountain Waterpark, and the Sevierville Golf Course! Easy access right when you come into the Resort. Fantastic investment near America's number one National Park and number one in the nation for short-term overnight rental profits! *Photos are of two similar cabins built by the builder and will be the same quality of materials.

Listing Details MLS# 255422

General Property Information

Living Area
5961
Above Grade Finished Area
3974
Below Grade Finished Area
1987
Bedrooms Total
12
Bathrooms Total
13
Bathrooms Full
12
Bathrooms Half
Yes
Garage YN
No
Year Built
2023
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
Yes
Construction Type
Site Built
List Price/SqFt
364.22
Sold Price/SqFt
361.94
Lot Size Acres
0
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Contemporary Association Fee Includes: Maintenance Grounds; Roads Basement: Basement; Finished Construction Materials: Wood Siding Cooling: Central Air Exterior Features: Rain Gutters Fireplace Features: Electric Heating: Heat Pump Interior Features: Ceiling Fan(s); Great Room; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Sprinklers In Front; Sprinklers In Rear; Wooded Patio And Porch Features: Deck Pool Features: Hot Tub; In Ground; Private Possession: Close Of Escrow Property Condition: To Be Built Rental: Rental History Road Frontage Type: Private Road Roof: Metal Sewer: Public Sewer Utilities: Water Available Water Source: Public Window Features: Window Treatments Showing Requirements: Show Any Time

Location Tax and Legal

Street Number
Lot 29
Street Name
Reed Schoolhouse
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Sevierville
Subdivision Name
The Lodges at Reedmont

Contract Information

Original List Price
2028690
Listing Contract Date
2023-01-13
Owner Name
Lodges at Reedmont G.P., a TN General Partnership
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Occupant Type
Vacant
Common Interest
Planned Development
Association YN
Yes
Association Fee
199
Association Fee Frequency
Monthly
Association Name
Reedmont HOA
Association Email
macee@compassventures.net
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
New construction of the perfect investment cabin in the new Lodges at Reedmont development! A stunning three-story pool cabin with a dramatic floor plan featuring 12 gorgeous bedrooms, 12 baths, a theater, private indoor pool, and a recreation room will be beautifully outfitted with handsome and high-end finishes throughout. The kitchen and living areas are open and spacious offering plenty of room for a group to comfortably enjoy meals together. This furnished cabin will sleep 48 making this a perfect setting for amazing and memorable group getaways for corporate and family retreats. Our 12 Bedrooms generate year after year a gross rental income of $300,000+! Call us for a financial pro forma. The location is simply fantastic - just around the corner from the Sevierville Convention Center, the Soaky Mountain Waterpark, and the Sevierville Golf Course! Easy access right when you come into the Resort. Fantastic investment near America's number one National Park and number one in the nation for short-term overnight rental profits! *Photos are of two similar cabins built by the builder and will be the same quality of materials.
Directions
From Sevierville 66 North to a left on Gist Creek. Right onto Reed Schoolhouse - see sign on right.

Status Change Information

Major Change Timestamp
2023-05-01T17:31:12Z
Major Change Type
Status Change
Price Change Timestamp
2023-03-29T04:33:43Z
Status Change Timestamp
2023-05-01
Purchase Contract Date
2023-05-02
Close Date
2023-05-01
Close Price
2157500
Buyer Financing
Conventional
Anticipated Closing Date
2023-05-02

More Information

Showing Requirements

Showing Instructions
Call Deborah Korlin for details concerning the builder, Mtn. Cabin and Home Builders and on all the particulars on How To Finance, and for a Financial Proforma - Agents and buyers can easily access this lot 4 in the resort- packed gravel road - be careful of construction vehicles
Show Any Time
Yes

Location, Tax, and Legal

New Construction YN
Yes
New Construction Start Date
2023-02-28
Estimated Completion Date
2024-02-28
Restrictive Covenants YN
Yes
Zoning
R-2
Zoning Entity
Sevierville
Tax Lot
29
Book/Page/Doc #
6072, 770
Tax Annual Amount
400
Tax Year
2022

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Cooktop
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Contemporary
Yes

Association Fee Includes

Maintenance Grounds
Yes
Roads
Yes

Basement

Basement
Yes
Finished
Yes

Construction Materials

Wood Siding
Yes

Cooling

Central Air
Yes

Exterior Features

Rain Gutters
Yes

Fireplace Features

Electric
Yes

Heating

Heat Pump
Yes

Interior Features

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

Cash
Yes
Conventional
Yes

Lot Features

Sprinklers In Front
Yes
Sprinklers In Rear
Yes
Wooded
Yes

Patio And Porch Features

Deck
Yes

Pool Features

Hot Tub
Yes
In Ground
Yes
Private
Yes

Possession

Close Of Escrow
Yes

Property Condition

To Be Built
Yes

Rental

Rental History
Yes

Road Frontage Type

Private Road
Yes

Roof

Metal
Yes

Sewer

Public Sewer
Yes

Utilities

Water Available
Yes

Water Source

Public
Yes

Window Features

Window Treatments
Yes
Listing Office: RAZ Realty Group, LLC
Last Updated: November - 16 - 2024
Information deemed reliable but not guaranteed.