$888,000
$824,900
7.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
3,194 SqFt
SOLD DATE : 06/01/2021
Key Details
Sold Price $888,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,194 sqft
Price per Sqft $278
Subdivision Alpine Mountain Village
MLS Listing ID 242172
Sold Date 06/01/21
Style Cabin,Log
Bedrooms 4
Full Baths 4
HOA Fees $150/mo
HOA Y/N Yes
Abv Grd Liv Area 1,994
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2006
Annual Tax Amount $1,521
Tax Year 2019
Property Description
Looking for a cabin with an incredible location close to action packed Pigeon Forge? Look no further! Falling Leaf Hideaway is located within Alpine Mountain Village off Light #1 in Pigeon Forge only 0.8 miles from the Parkway and a couple minute drive. It is a spectacular performer as a short term cabin rental. The gross rental revenue (just rental rate, not including taxes, cleaning fees, etc) for the trailing 12 months as of listing date is an amazing $104,506.51. And that includes the owner or family/friends staying at the cabin 38 nights during this duration. Had the owner/friends not stayed at the property the rental income could have been significantly higher than the already well performing $104k! The cabin itself definitely doesn't disappoint either! Located at the end of Falling Leaf Way (a short cul-d-sac road), the cabin is currently situated as one of the most private cabins in Alpine Mountain Village. There are porches and decks galore to take in the serenity of the area. The rare combination of close in to town, but wooded environment off the decks and porches. The cabin boasts a whopping 1,972 square feet of porches and decks. Including some wide 10' porches in some locations tastefully decorated with whiskey barrels and nice outdoor seating. Inside the cabin you'll be greeted with quality the moment you step inside. A majority of the main level features 12" wide plank wood flooring - some of the more beautiful flooring you'll ever see. This isn't your average run of the mill quality of construction. This property far surpasses nearly any other within Alpine Mountain Village (or elsewhere for that matter). Exposed beam and rafter ceilings offer character and quality very rarely seen in today's new construction. In the kitchen you'll find upgraded granite counters, custom cabinetry, island with stacked stone backing, and a cooking delight with the gas range. The two story vaulted ceiling in the family room and dining area create an open and airy feel. The four bedrooms include 3 very generously sized bedrooms with king beds in each and then one bedroom with bunk beds. There is one bedroom upstairs, one on the main level, and two in the lower level. A perfect layout for overnight cabin rental use, the bunk bedroom is on the same level as the high quality theater/media room. This isn't your average run of the mill theater room. It is upgraded and much higher quality than typically seen. And a wet bar is adjacent so you or your rental guests don't need to venture far for a snack or drink while watching a movie or game This cabin has been lovingly cared for by the owners since the purchase in 2014. It was sparingly used by the owners and their guests for the vast majority of that time. Only recently being placed on the overnight rental program - starting in 2020 (without a full year). It won't have the wear and tear often seen with cabins of this age. The combination of the location, privacy, massive decks, great quality construction, luxury furnishings, amenities (including theater room), and great floor plan equal a recipe for success in your Smoky Mountain cabin rental investment.
Location
State TN
County Sevier
Zoning C-4
Direction From Pigeon Forge, turn at traffic light #1 onto Sugar Hollow Road. Continue to a right onto Alpine Mountain Way (the entrance into Alpine Mountain Village). Veer/take an immediate left uphill and follow Alpine Mountain Way to where it says keep right. Keep right around the loop and then turn left. Falling Leaf Way would then be on your right. The cabin is at the end on the right of the short cul-d-sac. If one would go the short distance on the one way portion where it says \"keep right\" by going left instead, then Falling Leaf Way would be on your left.
Rooms
Basement Basement, Finished, Full
Interior
Interior Features Ceiling Fan(s), High Speed Internet, Soaking Tub, Walk-In Closet(s), Wet Bar
Cooling Electric, Heat Pump
Flooring Wood
Fireplaces Number 2
Fireplaces Type Gas Log
Fireplace Yes
Window Features Double Pane Windows,Window Treatments
Appliance Dishwasher, Dryer, Gas Range, Refrigerator, Washer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Garage Driveway, Paved, Private
Pool Hot Tub
Utilities Available Cable Available
Amenities Available Pool
Waterfront No
View Seasonal
Roof Type Metal
Street Surface Paved
Porch Deck
Parking Type Driveway, Paved, Private
Garage No
Building
Lot Description Wooded
Sewer Public Sewer
Water Public
Architectural Style Cabin, Log
Structure Type Log,Log Siding
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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