$2,039,500
Sevierville, TN 37862
MLS# 1250698
4 beds | 5720 sqft
1 / 60
Property Description
Wrapping Up REMODEL! Sprinkler system! Will be permitted to sleep 20! Projected income of $225k to $275k w/ 32% self managing ROI on 20% down payment // 13% ROI cash on cash! This gorgeous property is currently in the midst of a down to the studs remodel. Redesigned to appeal to the overnight rental market this property features: soaring cathedral ceilings, walls of glass, open kitchen - dining - living room area perfect for entertaining, heated indoor swimming pool, golf simulator, movie and game space, 4 spacious bedrooms, and 5 full bathrooms! Additional sleeping in game room/theater area! A tasteful combination of tongue and groove and drywall paired with modern light and water fixtures create an amazing ambiance that will appeal to a wide variety of guests! Conveniently located in the Wears Valley area, this property is only 15 minutes to Pigeon Forge Parkway and 10 minutes to up and coming Townsend! Easy access to the National Park through Line Springs Rd! You can even make your way to Gatlinburg using back roads to avoid the traffic. Est time of completion is April 2024.
Details
Maps
Location, Tax & Legal Info
House #: 3070
Street Name: Happy Hollow
St Suffix: Rd
State/Province: TN
Zip Code: 37862
Property Sub-Type: Residential
Area: Sevier County - 27
City/County Code: County
PIN #: 123 036.20
Subdivision: Wears Cove Acres
Total Tax: 1238.76
Geo Lat: 35.714235
Geo Lon: -83.668917
Contract Info
Auction Y/N: No
Listing Price: 2039500
Current Price: $2,039,500
Status: Active
Listing Date: 2024-01-23
Cooperation Comp: 2.5
Compensation Type: %
General Property Description
Type: 2 Story
Acres: 0.87
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 5720
SqFt - Main Lvl: 2860
SqFt - Down Lvl: 2860
# Bedrooms: 4
Baths - Full: 5
Fireplace: Yes
# Fireplace: 1
Property Status: N/A
HOA: No
Year Built: 1996
Bonus Room: Yes
Remarks & Misc
Directions: From Pigeon Forge Traffic light #3 take Wears Valley Rd. Go 9.8 miles and turn RIGHT onto Happy Hollow Rd. Go .4 miles to home on LEFT. See sign. Home is just before you are able to veer RIGHT onto S. Clear Fork Rd.
Public Remarks: Wrapping Up REMODEL! Sprinkler system! Will be permitted to sleep 20! Projected income of $225k to $275k w/ 32% self managing ROI on 20% down payment // 13% ROI cash on cash! This gorgeous property is currently in the midst of a down to the studs remodel. Redesigned to appeal to the overnight rental market this property features: soaring cathedral ceilings, walls of glass, open kitchen - dining - living room area perfect for entertaining, heated indoor swimming pool, golf simulator, movie and game space, 4 spacious bedrooms, and 5 full bathrooms! Additional sleeping in game room/theater area! A tasteful combination of tongue and groove and drywall paired with modern light and water fixtures create an amazing ambiance that will appeal to a wide variety of guests! Conveniently located in the Wears Valley area, this property is only 15 minutes to Pigeon Forge Parkway and 10 minutes to up and coming Townsend! Easy access to the National Park through Line Springs Rd! You can even make your way to Gatlinburg using back roads to avoid the traffic. Est time of completion is April 2024.
Status Change Info
Status Change Date: 2024-01-24
Property Features
Atchd/Dtchd Type: Detached
Style: Cabin; Cottage
Construction: Frame
Siding: Stone; Wood
Garage/Parking: None
Basement: Finished
Lot Description: Level
View: Seasonal Mountain
Fireplace: Electric
Floors: Laminate
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Smoke Detector; Washer
Sewer: Septic Tank
Water: Shared Well
Misc Features: Cathedral Ceiling; Washer/Dryer Connect
Exterior Features: Deck
Showing: See Agent Instructns
New Financing: Cash; Conventional
Listing Office: Century 21 MVP
Office Phone: 865-429-2121
Last Updated: May - 08 - 2024
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