$1,250,000
$1,250,000
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3 Beds
4 Baths
3,555 SqFt
SOLD DATE : 05/20/2024
Key Details
Sold Price $1,250,000
Property Type Single Family Home
Sub Type Cabin
Listing Status Sold
Purchase Type For Sale
Square Footage 3,555 sqft
Price per Sqft $351
Subdivision Serenity Woods
MLS Listing ID 300041
Sold Date 05/20/24
Style Cabin,Chalet
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 2,152
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2023
Annual Tax Amount $3,042
Tax Year 2024
Lot Size 2.760 Acres
Acres 2.76
Property Description
BACK ON THE MARKET!! Don't miss this opportunity for this unique cabin with super strong rental numbers! Previous contract the buyer backed out last minute (after inspection and appraisal both came back good) due to a ''family/financial emergency''.
This 23' built luxury cabin is an absolute RENTAL MACHINE with AMAZING REVIEWS!! Active short term rental and is self managed by the owner. Currently has $104,000 income on the books for 2024 already, 160 nights rented, at a $650 ADR (as of 4/4/24), and 177 bookable days still left through end of the year. It is on pace to pay out $160,000-$170,000 for 2024 by year end. No history to show for 2023 since this is a new build that was placed in service 12/15/23.
On a 3bdr septic system but, truly has 4 bedrooms+the bunk area. Rents as a 5 bdr-sleep 12 on Airbnb. The 4th bdr was finished out after the build was completed. Square footage on tax records may not reflect. Floorplans from measure house show 3,555 sqft as the total finished/heated & cooled area for the entire property.
Property was re-surveyed prior to build. Total acreage is now 2.76 acres. Tax records may not reflect. See updated survey in MLS docs.
The basement bathroom, previously a half bath, had the stand up tile shower added after completion. This home now has 3 full baths (one on each level) and 1 half bath.
The Current owner has spent over $110,000 finishing out and making improvements to the property since purchased.
Professionally designed with high end furnishings, being sold 100% turn-key. Owner is willing to help with moving all future bookings to the new owners account if desired.
Very low maintenance build! High end vinyl cedar shake siding, trex decking, powder coated aluminum hand railing. The only exterior wood is the framing for the decks :). Flat parking for 5-6 vehicles and has a level 2 EV charger.
Airbnb link in agent notes on MLS.
Owner/Agent-Listing agent is the owner.
Location
State TN
County Sevier
Zoning A-1
Direction From the Pigeon Forge Parkway heading towards Gatlinburg, turn left at red-light #8 onto Dollywood Ln, bare right by the golf course to stay on Dollywood ln, turn right onto Boogertown Rd, turn right onto Serenity ln., veer left onto Harmony Way. 1313 is the first house on the left.
Rooms
Basement Basement, Finished, Walk-Out Access
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining, Granite Counters, Great Room, Solid Surface Counters, Storage, Walk-In Closet(s), Walk-In Shower(s)
Heating Central, Electric
Cooling Central Air, Electric
Flooring Hardwood, Luxury Vinyl
Fireplaces Number 1
Fireplaces Type Electric, Insert, Masonry
Fireplace Yes
Appliance Dishwasher, Dryer, Electric Cooktop, Electric Water Heater, Microwave Range Hood Combo, Refrigerator, Washer
Laundry Electric Dryer Hookup, In Hall, Laundry Closet, Main Level, Washer Hookup
Exterior
Exterior Feature Gas Grill, Lighting, Rain Gutters
Garage Additional Parking, Asphalt, Gravel, Private
Utilities Available Electricity Available
Waterfront No
View Y/N No
Roof Type Composition
Street Surface Paved
Porch Covered, Deck
Road Frontage Private Road
Parking Type Additional Parking, Asphalt, Gravel, Private
Garage No
Building
Lot Description Sloped, Wooded
Story 3
Foundation Slab
Sewer Septic Tank
Water Private, Well
Architectural Style Cabin, Chalet
Structure Type Block,Cedar,Frame,Shake Siding,Vinyl Siding
New Construction No
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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