$400,000
Sevierville, TN 37876
MLS# 1255546
1 beds | 650 sqft
1 / 7
Property Description
New Construction - Introducing an ideal short-term rental investment that caters to both first-time investors and seasoned pros alike. With a projected annual rental income of $50K per cabin, this property promises lucrative returns and low entry barriers, making it an attractive option for investors of all levels. With six charming cabins nestled in this picturesque subdivision, you have the option to purchase a single cabin or seize the opportunity to acquire all six, each offering its own distinctive charm and appeal with a lucrative opportunity to capitalize on the growing demand for a getaway in the Great Smoky Mountains area. Situated in a prime location with high demand for short-term rentals, this property offers the perfect balance of affordability and income potential. Step inside to discover a cozy living space adorned with the perfect blend of modern luxury and rustic charm. The open floor plan creates an inviting atmosphere for creating unforgettable memories. The well-appointed kitchen boasts stainless steel appliances, ample counter space, a kitchen island and stunning views of the surrounding landscape. Outside, a spacious deck provides the perfect spot for al fresco dining, morning coffee, or simply soaking up the sun. After a day of outdoor adventures, unwind in the comfortable living area or gather around the fireplace for cozy evenings indoors. Surrounded by lush forest, you'll feel a world away from the stresses of everyday life. Perfectly located minutes away from Gatlinburg, Pigeon Forge, the Great Smoky Mountains and all the area's renowned attractions and dining experiences. This cabin is perfectly suited for short-term rental investment, vacation home or a romantic getaway. Whether you're looking to generate passive income or create your own mountain retreat, this short-term rental cabin is an investment opportunity not to be missed. Alternatively, investing in all six cabins presents a compelling opportunity for savvy entrepreneurs looking to maximize their returns. Note, each cabin in the subdivision is listed separately.
Details
Maps
Location, Tax & Legal Info
House #: 1467
Street Name: Licking Spring
St Suffix: Way
Unit #: Unit 2
State/Province: TN
Zip Code: 37876
Property Sub-Type: Residential
Area: Sevier County - 27
City/County Code: County
PIN #: 064O B 015.00
Subdivision: LICKLOG HOLLOW MINI RESUB
Total Tax: 123.58
Geo Lat: 35.841816
Geo Lon: -83.431014
Contract Info
Auction Y/N: No
Listing Price: 400000
Current Price: $400,000
Status: Active
Listing Date: 2024-03-12
Cooperation Comp: 2.5
Compensation Type: %
Occupancy: Either
General Property Description
Type: Ranch
Acres: 0.01
Acre Source: Survey
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 650
SqFt - Main Lvl: 650
# Bedrooms: 1
Baths - Full: 1
# of Rooms: 4
Fireplace: Yes
# Fireplace: 1
Property Status: N/A
HOA: Mandatory
Year Built: 2024
Bonus Room: No
Extra Storage: No
Remarks & Misc
Directions: From Downtown Sevierville
Head toward Court Ave on Commerce St. Go for 233 ft.
Then 0.04 miles
Turn left onto Court Ave. Go for 358 ft.
Then 0.07 miles
Turn right onto E Main St (US-411).
Go for 4.0 mi.
Turn right onto Long Springs Rd (TN-339). Go for 0.7 mi.
Continue on Old Newport Hwy (TN-339). Go for 1.3 mi.
Turn right onto Jones Cove Rd (TN-339). Go for 3.4 mi.
Turn right onto Licklog Hollow Rd.
Go for 0.6 mi.
1467 Licking Spring Way
Sevierville, TN 37876-6373
Public Remarks: New Construction - Introducing an ideal short-term rental investment that caters to both first-time investors and seasoned pros alike. With a projected annual rental income of $50K per cabin, this property promises lucrative returns and low entry barriers, making it an attractive option for investors of all levels. With six charming cabins nestled in this picturesque subdivision, you have the option to purchase a single cabin or seize the opportunity to acquire all six, each offering its own distinctive charm and appeal with a lucrative opportunity to capitalize on the growing demand for a getaway in the Great Smoky Mountains area. Situated in a prime location with high demand for short-term rentals, this property offers the perfect balance of affordability and income potential. Step inside to discover a cozy living space adorned with the perfect blend of modern luxury and rustic charm. The open floor plan creates an inviting atmosphere for creating unforgettable memories. The well-appointed kitchen boasts stainless steel appliances, ample counter space, a kitchen island and stunning views of the surrounding landscape. Outside, a spacious deck provides the perfect spot for al fresco dining, morning coffee, or simply soaking up the sun. After a day of outdoor adventures, unwind in the comfortable living area or gather around the fireplace for cozy evenings indoors. Surrounded by lush forest, you'll feel a world away from the stresses of everyday life. Perfectly located minutes away from Gatlinburg, Pigeon Forge, the Great Smoky Mountains and all the area's renowned attractions and dining experiences. This cabin is perfectly suited for short-term rental investment, vacation home or a romantic getaway. Whether you're looking to generate passive income or create your own mountain retreat, this short-term rental cabin is an investment opportunity not to be missed. Alternatively, investing in all six cabins presents a compelling opportunity for savvy entrepreneurs looking to maximize their returns. Note, each cabin in the subdivision is listed separately.
Status Change Info
Status Change Date: 2024-03-12
Property Features
Atchd/Dtchd Type: Detached
Style: Cabin; Craftsman
Construction: Frame
Siding: Fiber Cement
Garage/Parking: Designated Parking
Basement: Crawl Space; Outside Entr. Only
Lot Description: Private; Wooded
View: Country Setting; Wooded
Fireplace: Electric
Floors: Laminate; Tile
Fuel: Electric
Heat: Forced Air; Heat Pump
Cooling: Ceiling Fan(s); Wall Cooling
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer
Sewer: Septic Tank
Water: Shared Well
Other Rooms: Mstr Bdrm Main Level
Misc Features: Cathedral Ceiling; Island in Kitchen; Walk-in Shower; Washer/Dryer Connect; Wired for DSL; Wired for Internet
Exterior Features: Balcony; Deck; Windows - Insulated; Windows - Vinyl
Dining Area: Eat-in Kitchen; Kitchen/Dining Rm Co
Association Fee Incl: Grounds Maintenance; Other
Showing: See Agent Instructns
New Financing: Cash; Conventional; FHA; VA Loan
Listing Office: United Real Estate Solutions
Last Updated: May - 01 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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