1071 Towering Oaks Drive, FALCONS NEST, Sevierville, TN 37876

$849,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 2,656 Lot Size (sq. ft.): 436 Status: Closed
Current Price: $849,000 List Date: 12/19/2023 Last Modified: 9/03/2024

Overview

Description

INCREDIBLE VIEWS HERE!!! The best view in Grand View Resort! This is a turn-key investment being sold fully furnished and decorated, with a rental projection of $126,000 - $146,000 a year. Beautiful 4BR 5BA log cabin with all wood interior. Featuring amazing vaulted ceilings, stainless steel appliances, concrete countertops, high efficiency HVAC units, an action-packed game room, and this cabin also has a brand-new roof. Enjoy the incredible mountain views from almost every room. There are also two large, covered decks...a perfect place to relax. Grandview Resort is easy to access and offers a large swimming pool, splash pad, and zip-lining activities for you and your guest. Come see it today!

Listing Details MLS# 267678

General Property Information

Lot Size Dimensions
PUD
Lot Size Acres
0.01
Living Area
2656
Above Grade Finished Area
1872
Below Grade Finished Area
784
Bedrooms Total
4
Bathrooms Total
5
Bathrooms Full
5
Year Built
2007
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
List Price/SqFt
334.71
Sold Price/SqFt
319.65
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Log Association Amenities: Pool Association Fee Includes: Insurance; Maintenance Grounds; Water Basement: Basement; Finished Construction Materials: Log Cooling: Central Air; Electric Fireplace Features: Electric Heating: Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: 1031 Exchange; Cash; Conventional Patio And Porch Features: Covered Possession: Close Of Escrow Road Frontage Type: County Road Road Surface Type: Paved Security Features: Smoke Detector(s) Sewer: Septic Tank; Shared Septic Water Source: Private; Shared Well Window Features: Window Treatments Showing Requirements: See Remarks

Location Tax and Legal

Street Number
1071
Street Name
Towering Oaks
Street Suffix
Drive
County
Sevier
State
TN
Zip Code
37876
Property Sub Type
Single Family Residence
MLS Area Major
Sevierville
Subdivision Name
Grand View Resort

Contract Information

Original List Price
999000
Listing Contract Date
2023-12-19
Owner Name
Alok Mitta & Nitu Bansal
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Rental History Gross Amount 1
95000
Rental History Year 1
2021
Rental History Gross Amount 2
81000
Rental History Year 2
2022
Association YN
Yes
Association Fee
180
Association Fee Frequency
Monthly
Association Name
Grand View HOA
Association Email
gordon@grandviewtn.org
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
INCREDIBLE VIEWS HERE!!! The best view in Grand View Resort! This is a turn-key investment being sold fully furnished and decorated, with a rental projection of $126,000 - $146,000 a year. Beautiful 4BR 5BA log cabin with all wood interior. Featuring amazing vaulted ceilings, stainless steel appliances, concrete countertops, high efficiency HVAC units, an action-packed game room, and this cabin also has a brand-new roof. Enjoy the incredible mountain views from almost every room. There are also two large, covered decks...a perfect place to relax. Grandview Resort is easy to access and offers a large swimming pool, splash pad, and zip-lining activities for you and your guest. Come see it today!
Directions
From Downtown Sevierville: Head west on E Main Street and Turn left onto Hardin Ln 2.0 mi Turn right onto Matthews Hollow Rd 1.1 mi Turn left onto Stockton Dr 0.1 mi Sharp left onto Towering Oaks Dr - Cabin is 12th on Right -

Status Change Information

Major Change Timestamp
2024-03-01T21:43:22Z
Major Change Type
Status Change
Price Change Timestamp
2024-01-13T04:03:53Z
Status Change Timestamp
2024-03-01
Purchase Contract Date
2024-01-22
Close Date
2024-03-01
Close Price
849000
Buyer Financing
Conventional
Anticipated Closing Date
2024-03-01

More Information

Showing Requirements

Showing Instructions
To show text Gina 865-257-7105 or call list office. As of now the cabin is on rental with Venture Resort. FALCON NEST. Linens, towels, and items in the owners' closets do not convey. All information deemed reliable but not guaranteed, buyer should verify all information independently. Rental history and projection in associated docs.
See Remarks
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Location, Tax, and Legal

Street Additional Info
FALCONS NEST
Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Tax Lot
15-R
Book/Page/Doc #
5313, 208
Tax Annual Amount
1815.22
Tax Year
2022

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Log
Yes

Association Amenities

Pool
Yes

Association Fee Includes

Insurance
Yes
Maintenance Grounds
Yes
Water
Yes

Basement

Basement
Yes
Finished
Yes

Construction Materials

Log
Yes

Cooling

Central Air
Yes
Electric
Yes

Fireplace Features

Electric
Yes

Heating

Heat Pump
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Solid Surface Counters
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Patio And Porch Features

Covered
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Paved
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes
Shared Septic
Yes

Water Source

Private
Yes
Shared Well
Yes

Window Features

Window Treatments
Yes
Listing Office: Smoky Mountain Real Estate Cor
Last Updated: September - 03 - 2024
Information deemed reliable but not guaranteed.