1030 Black Bear Cub Way, Sevierville, TN 37862

$1,525,000
Property Type: Residential Bedrooms: 6 Baths: 8 Square Footage: 5,600 Status: Closed
Current Price: $1,525,000 List Date: 4/15/2021 Last Modified: 8/30/2024

Description

Attention Investors: Here's your opportunity to own property in one of the top rated destination areas in the US for 2021 according to Trip Advisor!! This property has solid rental history year after year with return guests!! Rental income in bookings so far for 2021 is over $199k and taking more reservations!! Located less than 5 miles from the parkway in Pigeon Forge, this beautifully maintained cabin has 6 bedrooms with private bathrooms, 2 Bonus Rooms used as sleeping quarters and 2 additional full bathrooms. Property advertised to sleep 30 but can accommodate over 40 guests with sleeper sofas. The main level features a spacious Double Kitchen with 2 refrigerators, stoves, microwaves, and dishwashers, loads of cabinet and counter space as well as 2 butcher block kitchen islands. Also included on main level are 2 king bedrooms each with a private jacuzzi tub, loveseat w/ sleeper, en-suite bathroom with walk-in shower and private deck to enjoy the gorgeous smoky mountain sunsets! The second level features a large Theater Room with projector/screen and theater chairs, deck access, 2 bedrooms with private deck access and 2 bathrooms. Go up to the 3rd level and gather everyone for fun and games to shoot pool or play on one of three arcade games! This level also has a living area with couch and futons, 2 king bedrooms each with jacuzzi tub, ensuite bathroom with walk in shower and private deck. Additional bathroom with tub/shower combo is just off the game room area and access to large deck. The loft level is a favorite for the kids to stay and has 2 bonus rooms with beds and bunks and a full bathroom! Resort has private outdoor pool for only guests to use. All roads to cabin are paved and easily accessible. Call for your private showing today. Buyer to verify all information.

More Information MLS# 241902

Location, Tax, and Legal

Restrictive Covenants YN: Yes Zoning: Residential Zoning Entity: Sevier County Tax Lot: 130R Book/Page/Doc #: 36, 259 Tax Annual Amount: 2855.1 Tax Year: 2019

Contract Information

Association Type: Mandatory Owner Name: Furey Listing Agreement: Exclusive Right To Sell Occupancy: Overnight Only Common Interest: Planned Development Rental History Gross Amount 1: 199410 Rental History Year 1: 2021 Rental History Gross Amount 2: 148380.31 Rental History Year 2: 2020 Association YN: Yes Association Fee: 125 Association Fee Frequency: Monthly Association Name: Wise Property Solutions Association Email: services@wisepropertysolutions.com Current Price: $1,525,000 Original List Price: 1599000 Sold Price: $1,525,000 Status: Closed Listing Contract Date: 2021-04-15

General Property Information

Lot Size Acres: 0 Above Grade Finished Area: 5600 Below Grade Finished Area: 0 Below Grade Unfinished Area: 0 Garage YN: No Bathrooms Half: 0 Garage Spaces: 0 Bonus Room YN: Yes Number of Bonus Rooms: 2 Furnished: Furnished Accessory Dwelling Unit YN: No Sign On Property YN: No Home Warranty YN: No Construction Type: Site Built View YN: Yes List Price/SqFt: 285.54 Sold Price/SqFt: 272.32 Living Area: 5600 Bedrooms Total: 6 Bathrooms Total: 8 Bathrooms Full: 8 Year Built: 2006

Remarks and Miscellaneous

Public Remarks: Attention Investors: Here's your opportunity to own property in one of the top rated destination areas in the US for 2021 according to Trip Advisor!! This property has solid rental history year after year with return guests!! Rental income in bookings so far for 2021 is over $199k and taking more reservations!! Located less than 5 miles from the parkway in Pigeon Forge, this beautifully maintained cabin has 6 bedrooms with private bathrooms, 2 Bonus Rooms used as sleeping quarters and 2 additional full bathrooms. Property advertised to sleep 30 but can accommodate over 40 guests with sleeper sofas. The main level features a spacious Double Kitchen with 2 refrigerators, stoves, microwaves, and dishwashers, loads of cabinet and counter space as well as 2 butcher block kitchen islands. Also included on main level are 2 king bedrooms each with a private jacuzzi tub, loveseat w/ sleeper, en-suite bathroom with walk-in shower and private deck to enjoy the gorgeous smoky mountain sunsets! The second level features a large Theater Room with projector/screen and theater chairs, deck access, 2 bedrooms with private deck access and 2 bathrooms. Go up to the 3rd level and gather everyone for fun and games to shoot pool or play on one of three arcade games! This level also has a living area with couch and futons, 2 king bedrooms each with jacuzzi tub, ensuite bathroom with walk in shower and private deck. Additional bathroom with tub/shower combo is just off the game room area and access to large deck. The loft level is a favorite for the kids to stay and has 2 bonus rooms with beds and bunks and a full bathroom! Resort has private outdoor pool for only guests to use. All roads to cabin are paved and easily accessible. Call for your private showing today. Buyer to verify all information. Directions: From stoplight #3 on Parkway in Pigeon Forge, head south on Wears Valley Rd for 3.1 miles. Slight left turn onto Lost Branch Rd. After 0.8 miles turn right onto Black Bear Cub Way. Go 0.4 miles to driveway on left and arrive at first cabin on the left.

Status Change Information

Status Change Timestamp: 2021-06-14 Buyer Financing: Conventional Anticipated Closing Date: 2021-06-11 Major Change Timestamp: 2021-06-14T16:46:07Z Major Change Type: Status Change Purchase Contract Date: 2021-05-05 Close Date: 2021-06-14 Close Price: 1525000

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Architectural Style

Cabin: 1 Log: 1

Association Fee Includes

Insurance: 1 Maintenance Grounds: 1 Roads: 1

Attic Features

None: 1

Basement

Crawl Space: 1

Construction Materials

Log Siding: 1

Cooling

Central Air: 1 Electric: 1

Exterior Features

Rain Gutters: 1

Fireplace Features

Fireplaces Total: 2 Electric: 1

Flooring

Wood: 1

Heating

Central: 1

Interior Features

Ceiling Fan(s): 1 Great Room: 1 Soaking Tub: 1 Other: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

Three Or More: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Parking Features

Driveway: 1 Paved: 1

Patio And Porch Features

Deck: 1

Pool Features

Hot Tub: 1 Private: 1

Possession

Close Of Escrow: 1

Rental

Rental History: 1

Road Frontage Type

Easement: 1 Private Road: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Security System: 1

Sewer

Shared Septic: 1

View

Mountain(s): 1

Water Source

Public: 1

Window Features

Window Treatments: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Lockbox: 1 Showing Instructions: ***New Showing Times Updated Weekly*** For showings, please call or text list agent. Property will be available for showings starting Sunday, May 2 after 4:00 pm and throughout the week until Friday, May 7 before 12 noon. Information deemed reliable but not guaranteed. Seller provided square footage and Buyer to verify all information. Previous years rental income available upon request. Property has alarm and security cameras. See Remarks: 1

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Room Types

Bedroom 2: 1 Bedroom 2 Level: 1 Bedroom 3: 1 Bedroom 3 Level: 2 Bedroom 4: 1 Bedroom 4 Level: 2 Dining Room: 1 Dining Room Level: 1 Kitchen: 1 Kitchen Level: 1 Living Room: 1 Living Room Level: 1 Other: 1 Other Level: 3 Primary Bedroom: 1 Primary Bedroom Level: 1

Location Tax and Legal

Street Number: 1030 Street Name: Black Bear Cub Street Suffix: Way County: Sevier State: TN Zip Code: 37862 Property Sub Type: Single Family Residence MLS Area Major: Sevierville Subdivision Name: Black Bear Ridge

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Log Association Fee Includes: Insurance; Maintenance Grounds; Roads Attic Features: None Basement: Crawl Space Construction Materials: Log Siding Cooling: Central Air; Electric Exterior Features: Rain Gutters Fireplace Features: Electric Flooring: Wood Heating: Central Interior Features: Ceiling Fan(s); Great Room; Soaking Tub; Other Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: Driveway; Paved Patio And Porch Features: Deck Pool Features: Hot Tub; Private Possession: Close Of Escrow Rental: Rental History Road Frontage Type: Easement; Private Road Road Surface Type: Paved Roof: Composition Security Features: Security System Sewer: Shared Septic View: Mountain(s) Water Source: Public Window Features: Window Treatments Showing Requirements: Appointment Only; Call Listing Agent; Lockbox; See Remarks Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Kitchen; Living Room; Other; Primary Bedroom

Room Information

Primary Bedroom Level: First Bedroom 2 Level: First Bedroom 3 Level: Second Bedroom 4 Level: Second Kitchen Level: First Remarks: Double Kitchen Dining Room Level: First Living Room Level: First Other Level: Third Remarks: Bedroom 6 Primary Bedroom Level: First Bedroom 2 Level: First Bedroom 3 Level: Second Bedroom 4 Level: Second Kitchen Level: First Dining Room Level: First Living Room Level: First Other Level: Third
Listing Office: Prime Choice Realty
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.