$1,200,000
Sevierville, TN 37862
MLS# 1004393
Status: Closed
7 beds | 8044 sqft
1 / 34
Property Description
Fantastic investment opportunity! Private, unique retreat on a crystal clean mountain stream. Seven cabins on 20 forested acres, with proven rental income just minutes from the main Parkway in the middle of Pigeon Forge. (1.) ''Nikhia's Loft'' is a 1BR ''honeymoon cabin'' w/ $26k rentals for 2016. (2.) ''Nature's Dream'' is a 3BR (plus loft), sleeps 10, w/ $44k rentals for 2016. (3.) ''Rolling Creek'' is a 2BR, sleeps 4, w/ $34k rentals for 2016. (4.) ''On the Creek'' is a 7BR, sleeps 17, w/ $87k rentals for 2016. (5.) ''Hillside Haven'', built in 2008, is a 3BR, sleeps 12, w/ $52K rentals for 2016. (6.) ''Whispering Brook'' is currently leased to the caretaker for the property for $500 per month. (7.) ''Secret Hideaway'' is the personal cabin used by the owners. It's a 4BR and
Details
Contract Info
Auction Y/N: No
Listing Price: 1599000
Current Price: $1,200,000
Status: Closed
Listing Date: 2017-05-26
Location, Tax & Legal Info
Area: Sevier County - 27
Property Sub-Type: Residential
City/County Code: County
Total Tax: 4300.79
General Property Description
Type: Other
# Bedrooms: 7
Acres: 20
# of Rooms: 60
Restrictions: No
Site Built: Yes
Fireplace: Yes
Property Status: N/A
SqFt - Main Lvl: 0
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 7
HOA: No
Basement: No
Bonus Room: No
SqFt - Total (Aprox): 8044
Baths - Full: 18
Baths - 1/2: 3
Year Built: 1960
Remarks & Misc
Directions: From the Parkway in Pigeon Forge, (US 441), turn @ Traffic Light #3 onto WEARS VALLEY Rd. toward Townsend. Drive about 4 miles & turn right (across from the Zipline). Look for the sign ''Bear Creek Retreat''.
Public Remarks: Fantastic investment opportunity! Private, unique retreat on a crystal clean mountain stream. Seven cabins on 20 forested acres, with proven rental income just minutes from the main Parkway in the middle of Pigeon Forge. (1.) ''Nikhia's Loft'' is a 1BR ''honeymoon cabin'' w/ $26k rentals for 2016. (2.) ''Nature's Dream'' is a 3BR (plus loft), sleeps 10, w/ $44k rentals for 2016. (3.) ''Rolling Creek'' is a 2BR, sleeps 4, w/ $34k rentals for 2016. (4.) ''On the Creek'' is a 7BR, sleeps 17, w/ $87k rentals for 2016. (5.) ''Hillside Haven'', built in 2008, is a 3BR, sleeps 12, w/ $52K rentals for 2016. (6.) ''Whispering Brook'' is currently leased to the caretaker for the property for $500 per month. (7.) ''Secret Hideaway'' is the personal cabin used by the owners. It's a 4BR and
Atchd/Dtchd Type
Detached: 1
Style
Cabin: 1
Construction
Log: 1
Siding
Log: 1
Fireplace
Gas Log: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Window Unit(s): 1
Floors
Hardwood: 1
Other: 1
Garage/Parking
Designated Parking: 1
Basement
Crawl Space: 1
Lot Description
Level: 1
Private: 1
Wooded: 1
Fuel
Electric: 1
Gas (Natural): 1
View
Mountain View: 1
Heat
Central: 1
Heat Pump: 1
Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Smoke Detector: 1
Washer: 1
Other Rooms
Great Room: 1
Exterior Features
Deck: 1
Patio: 1
Misc Features
Hot Tub: 1
Washer/Dryer Connect: 1
Sewer
Sewer Info: Spetic
Water
Water Info: Community System
Outbuildings
Gazebo: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 1940
Street Name: Wears Valley
St Suffix: Rd
State/Province: TN
Zip Code: 37862
PIN #: 104 010.00
Geo Lat: 35.771364
Geo Lon: -83.618741
Status Change Info
Status Change Date: 2017-09-14
Under Contract Date: 2017-08-20
Sold Date: 2017-09-14
Sold Price: $1,200,000
Property Features
Style: Cabin
Construction: Log
Siding: Log
Basement: Crawl Space
Lot Description: Level; Private; Wooded
View: Mountain View
Fireplace: Gas Log
Floors: Hardwood; Other
Fuel: Electric; Gas (Natural)
Heat: Central; Heat Pump
Cooling: Ceiling Fan(s); Central Cooling; Window Unit(s)
Appliances: Dishwasher; Microwave; Range; Refrigerator; Smoke Detector; Washer
Other Rooms: Great Room
Misc Features: Hot Tub; Washer/Dryer Connect
Exterior Features: Deck; Patio
Outbuildings: Gazebo
Showing: See Agent Instructns
New Financing: Cash; Conventional
Supplements
rental market. Some cabins are located on the stream while others have a view of the stream. It is a beautiful, pristine, stream with rock outcroppings perfect for picnics. The sounds of the rushing water will lull you to sleep and the gazebo next to the stream has been the site for many romantic weddings. Whether you are looking for a family retreat or retirement income, check out this unique income producing property. The newest cabin was built in 2008. Other cabins were built prior to that. More photos and video coming soon.
IDX
Listing Office: Crye-Leike Realtors, South
Office Phone: 865-774-1414
Last Updated: November - 16 - 2019
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.