$655,000
$649,999
0.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
2,174 SqFt
SOLD DATE : 07/29/2024
Key Details
Sold Price $655,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,174 sqft
Price per Sqft $301
Subdivision Alpine Mountain Village
MLS Listing ID 268651
Sold Date 07/29/24
Style Cabin,Log
Bedrooms 3
Full Baths 3
HOA Fees $1/mo
HOA Y/N Yes
Abv Grd Liv Area 1,342
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2003
Annual Tax Amount $1,093
Tax Year 2019
Property Description
This exceptional cabin boasts 3 comfortable bedrooms, 3 full bathrooms, a beautiful upstairs loft with lots of natural lighting and mountain scenery. It has accommodations for 12 guests and beautiful furniture. This cabin is located 6 minutes off the Parkway in the heart of Pigeon Forge TN, making it very convenient for attractions, shopping and restaurants. Historically, this property has demonstrated fantastic performance with $105K in gross rental revenue in 2022 and over $84K in gross rental revenue in 2023. Even with Airbnb's average rental being down over 56.87% nationwide, this cabin was only off 24% from the previous year. This cabin is a strong, consistent rental. The interior of the cabin has been routinely upgraded to ensure the utmost comfort and satisfaction of its guests. Notable upgrades include, two new commercial-grade leather sleeper sofas with memory foam mattresses, restained exterior deck railings, all fresh bedding, a new washer and dryer combo unit, a new refrigerator, new dish washer and a handmade Aspen log dining table. There are also new ceiling fans, new lighting fixtures and upgraded multi channel cable and high speed internet service. The downstairs was remodeled with the classic hotrod theme in a barn style setting. There is a new stand up arcade game, hand built coffee table and a log style pool table with new felt, new cues and custom marble balls. This is a spacious game room with seating areas for leisure and recreation. The black bear theme was designed for the main level with several adorable bears, new leather sleeper sofa, new leather chairs, a hand made coffee table and a custom carved handrail leading to the loft. The kitchen has been freshly renovated to include upgraded appliances, faucet and new counter top cooking aids. Outdoor amenities have not been overlooked. The hot tub has a custom-built privacy screen adorned with solar flickering flame lights at night to create a relaxing atmosphere. The upper deck has a scenic view from the coffee shelf and a built-in table with seating that is perfect for enjoying the picturesque surroundings. A hand made Mama bear/Papa bear bench has been installed by the front door and is a great spot for family photos. There's a new charcoal grill for family cookouts and the neighborhood has 2 pools, a covered picnic area and wedding chapel. In summary, this cabin offers an exceptional investment opportunity with a track record of impressive returns making it a profitable option for investors. Simultaneously, it serves as an ideal vacation destination for those seeking a luxurious and memorable experience where over 11 million people visited in 2023. To fully appreciate the charm and potential of this property, we invite you to schedule a viewing and see this place for yourself.
Location
State TN
County Sevier
Zoning C-4
Direction From Pigeon Forge Parkway heading towards Gatlinburg turn L onto Sugar Hollow Road, turn left onto Alpine Mountain Way, turn right onto Alpine Village Way, turn left onto Waterfall Way, property on right, Property name is Arrowhead Lodge.
Rooms
Basement Crawl Space, Finished
Dining Room 1 true
Kitchen true
Interior
Interior Features High Speed Internet
Heating Central, Electric, Heat Pump
Cooling Central Air, Electric, Heat Pump
Flooring Wood
Fireplaces Type Gas Log
Fireplace Yes
Appliance Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Exterior
Pool Hot Tub, Private
Utilities Available Cable Available, Water Available
Amenities Available Clubhouse, Pool
Waterfront No
Roof Type Composition
Porch Covered
Road Frontage City Street
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Cabin, Log
Structure Type Frame,Log
Others
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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