$495,000
$514,900
3.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
2 Baths
1,248 SqFt
SOLD DATE : 05/09/2024
Key Details
Sold Price $495,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 1,248 sqft
Price per Sqft $396
Subdivision Fairlight
MLS Listing ID 1254600
Sold Date 05/09/24
Style Cottage,Cabin
Bedrooms 1
Full Baths 2
HOA Fees $91/ann
Originating Board East Tennessee REALTORS® MLS
Year Built 1997
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 100*185*102*155
Property Description
*2 bedroom layout*plus Loft
*2 full baths*
Looking for a getaway in the Great Smoky Mountains - the #1 visited National Park in the US? Always dreamed of owning a cabin in the woods? Looking for a way to have an income producing property?
Check out this Townsend, TN home tucked in the almost 1,400 acre MOUNTAIN & gated community of Laurel Valley. This beautifully decorated and located CABIN is waiting for you to make it your *Primary Residence, Vacation Home, or INCOME PRODUCING Short Term Rental* on the ''Quiet Side of the Smokies.''
Owner updates include:
- bathroom remodel including large walk-in shower
- addition of hot tub - including necessary plumbing and electrical updates
- updating the walk-in crawl space to include full size washer and dryer (this is in addition to the stacked unit within the home) *update allows for more efficient TURNS when preparing for guests*
- addition of 2nd hot water heater to supply hot tub
There is a small stream at the lower end of the property.
Note this is a 2 bedroom layout with a septic rated for 1 bedroom.
Note that this property is operating as a Short Term Rental. It is actively listed on VRBO and AirBNB - allowing the owners to benefit from the investment opportunity this community allows. Any and all showings will need to be scheduled around guests.
Not wanting to operate a STR - no problem. Turn it into your Primary Residence.
Want to explore the world of STR? Keep reading...
This is a turn key operation - pending new listing profiles setup by new owners or owner property management company on STR platforms. It is intended to be sold turn-key (all furniture, linens, and appliances).
Seller has a rental management company lined up for new owner to interview and transition all existing future bookings to. Management for 90 days with acceptable offer offered through https://www.bearycozycabinrentals.com/ after 90 days new owner can opt for a plan through this company, take over management and create their own online STR profiles, or move to the management company of their choosing which will also require creating new STR profiles.
For insight on this rental go here for more info on the current AirBnb listing--
https://air.tl/atOKLOcR
Laurel Valley HOA info can be found here --
https://www.laurelvalley.org/
Wild Laurel (golf course, swimming pool, workout facility, restaurant and bar info located here, including membership fees. Note - Wild Laurel is located within the Laurel Valley Community but is independently owned and operated. A separate membership is required outside of Laurel Valley HOA. --
https://www.wildlaurel.us/
Buyer and Buyer's Agent should verify any and all information. Documentation supporting Gross Revenue will be shared with verified buyers agents. Gross Revenue includes cleaning fee for each stay of $167.
Location
State TN
County Blount County - 28
Area 0.39
Rooms
Other Rooms Bedroom Main Level, Great Room, Mstr Bedroom Main Level
Basement Crawl Space, Roughed In
Interior
Interior Features Cathedral Ceiling(s), Walk-In Closet(s), Eat-in Kitchen
Heating Central, Forced Air, Other, Electric
Cooling Other
Flooring Laminate, Hardwood, Tile, Other
Fireplaces Number 1
Fireplaces Type Stone, Wood Burning
Fireplace Yes
Appliance Dishwasher, Dryer, Smoke Detector, Refrigerator, Microwave, Washer
Heat Source Central, Forced Air, Other, Electric
Exterior
Exterior Feature Windows - Storm, Porch - Covered, Deck
Garage Designated Parking, Off-Street Parking
Garage Description Off-Street Parking, Designated Parking
Pool true
Amenities Available Clubhouse, Golf Course, Recreation Facilities, Pool
View Wooded
Parking Type Designated Parking, Off-Street Parking
Garage No
Building
Lot Description Creek, Wooded, Golf Community, Rolling Slope
Faces From Maryville - Take 321 to Townsend Take RIGHT on to Old Tuckaleechee Rd .4 miles Take RIGHT onto Laurel Calley Rd .8 miles Continue straight onto Country Club Dr 400 feet Turn RIGHT onto Cutter Gap Rd for 500 feet Driveway on LEFT
Sewer Septic Tank
Water Public
Architectural Style Cottage, Cabin
Structure Type Wood Siding,Block,Log
Schools
Middle Schools Heritage
High Schools Heritage
Others
HOA Fee Include Trash,Security
Restrictions Yes
Tax ID 095K B 024.00
Security Features Gated Community
Energy Description Electric
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