1076 Village Loop Road, Gatlinburg, TN 37738
$1,150,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
2,340
Lot Size (sq. ft.):
21,780
Status:
Closed
Current Price:
$1,150,000
List Date:
5/23/2022
Last Modified:
8/27/2024
Description
Presenting a special opportunity to own a newer, HIGH-INCOME-PRODUCING cabin (grossed over $113,000 in 2021) with long-range northerly facing views, just a few minutes from the Parkway in Downtown Gatlinburg and the Great Smoky Mountains National Park! And your family and guests will love that it is literally a 2-minute walk around the corner to the Chalet Village Owners Club's north location, with pool, tennis courts, and a knockout view of Mt. Leconte (see photos). This stylish 3-level cabin has all the extras, including a spacious master with TV on each level (one has a door to the lower deck!), bunk bedroom with additional trundle bed, a theater room with extra-large TV, and a super-entertaining recreation room. This fun space has a multi-arcade unit with 1000 different games to choose from, and a table that converts from ping pong, to pool, to extra dining space with bench seating. The kitchen is quite spacious and features beautiful granite counter tops, stainless appliances, and lots of well-stocked cabinets for making meal prep a breeze. Plenty of room for several to work together, too! And since the kitchen and living area are open to each other, everyone can watch the big football game while the cozy gas fireplace keeps everyone toasty warm. The full bathrooms have the same lovely granite countertops and tile tub/showers. The covered main-floor deck has a gas grill and dining space at the full-size picnic table for beautiful views while you eat. Later, you can head down to the lower deck hot tub and soak your cares away for a while, or pull up a couple of rockers for some relaxed conversation. The paved driveway is open on both ends for easy parking and driving in and out. You can't lose with this relatively new jewel of an investment property or mountain getaway home. Drone photos were used in this listing.
More Information MLS# 249670
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Tax Lot: 562
Book/Page/Doc #: 5259, 779
Tax Annual Amount: 1453.13
Tax Year: 2019
Contract Information
Association Type: Mandatory
Owner Name: Cole and Emily Harris
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Rental History Gross Amount 1: 113082.59
Rental History Year 1: 2021
Association YN: Yes
Association Fee: 482
Association Fee Frequency: Annually
Association Name: Chalet Villages Owners Club
Association Email: cvowners@aol.com
Current Price: $1,150,000
Original List Price: 1100000
Sold Price: $1,150,000
Status: Closed
Listing Contract Date: 2022-05-23
General Property Information
Lot Size Acres: 0.5
Above Grade Finished Area: 1800
Below Grade Finished Area: 540
Below Grade Unfinished Area: 360
Garage YN: No
Bathrooms Half: 1
Garage Spaces: 0
Bonus Room YN: No
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: 512.82
Sold Price/SqFt: 491.45
Living Area: 2340
Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 3
Year Built: 2019
Remarks and Miscellaneous
Public Remarks: Presenting a special opportunity to own a newer, HIGH-INCOME-PRODUCING cabin (grossed over $113,000 in 2021) with long-range northerly facing views, just a few minutes from the Parkway in Downtown Gatlinburg and the Great Smoky Mountains National Park! And your family and guests will love that it is literally a 2-minute walk around the corner to the Chalet Village Owners Club's north location, with pool, tennis courts, and a knockout view of Mt. Leconte (see photos). This stylish 3-level cabin has all the extras, including a spacious master with TV on each level (one has a door to the lower deck!), bunk bedroom with additional trundle bed, a theater room with extra-large TV, and a super-entertaining recreation room. This fun space has a multi-arcade unit with 1000 different games to choose from, and a table that converts from ping pong, to pool, to extra dining space with bench seating. The kitchen is quite spacious and features beautiful granite counter tops, stainless appliances, and lots of well-stocked cabinets for making meal prep a breeze. Plenty of room for several to work together, too! And since the kitchen and living area are open to each other, everyone can watch the big football game while the cozy gas fireplace keeps everyone toasty warm. The full bathrooms have the same lovely granite countertops and tile tub/showers. The covered main-floor deck has a gas grill and dining space at the full-size picnic table for beautiful views while you eat. Later, you can head down to the lower deck hot tub and soak your cares away for a while, or pull up a couple of rockers for some relaxed conversation. The paved driveway is open on both ends for easy parking and driving in and out. You can't lose with this relatively new jewel of an investment property or mountain getaway home. Drone photos were used in this listing.
Directions: From traffic light #10 on the Parkway in Pigeon Forge, go 3.7 miles and turn right on Wiley Oakley Dr. at the Gatlinburg Welcome Center. Go .8 miles and turn left on Wiley Oakley Dr. Go .3 miles and turn left to stay on Wiley Oakely Dr. Go .2 miles and turn right to stay on Wiley Oakley Dr. Go .3 miles and turn left onto Village Loop Rd. Cabin will be on the left with 1076 on one of the front porch posts.
Status Change Information
Status Change Timestamp: 2022-07-22
Buyer Financing: Cash
Anticipated Closing Date: 2022-07-22
Major Change Timestamp: 2022-07-22T17:15:59Z
Major Change Type: Status Change
Price Change Timestamp: 2022-06-03T23:36:45Z
Purchase Contract Date: 2022-07-07
Close Date: 2022-07-22
Close Price: 1150000
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Self Cleaning Oven: 1
Washer: 1
Architectural Style
Cabin: 1
Log: 1
Association Amenities
Pool: 1
Tennis Court(s): 1
Association Fee Includes
Insurance: 1
Attic Features
Access Only: 1
Basement
Full: 1
Partially Finished: 1
Construction Materials
Block: 1
Frame: 1
Log Siding: 1
Cooling
Central Air: 1
Electric: 1
Heat Pump: 1
Fireplace Features
Fireplaces Total: 1
Gas Log: 1
Insert: 1
Foundation Details
Combination: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Great Room: 1
High Speed Internet: 1
Solid Surface Counters: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Wooded: 1
Parking Features
Driveway: 1
Paved: 1
Patio And Porch Features
Covered: 1
Deck: 1
Porch: 1
Pool Features
Hot Tub: 1
Possession
Close Of Escrow: 1
Other: 1
Rental
Off Site: 1
Road Frontage Type
County Road: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Security Features
Security System: 1
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Septic Permit On File: 1
Utilities
Cable Available: 1
View
Mountain(s): 1
Water Source
Public: 1
Window Features
Double Pane Windows: 1
Window Treatments: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Showing Instructions: For showings, call Shawn Somerfield at 865-640-7100. Property is CURRENTLY available to show between 10:30 and 3:00 on Friday, May 27th, then after 10:30 checkout on May 30th through 3:00 pm on June 6th. THIS COULD CHANGE. For restrictions and questions about amenities, contact Chalet Village Owners Club at 865-436-4440 or at cvowners@aol.com. Drop-leaf table (additional dining space) and wooden chairs, do not convey but are negotiable (see Bill of Sale in docs). Some items in owners closet also do not convey. Fireplace is currently completely disconnected from the gas source but can be reconnected. **As with all real estate transactions, Buyers should do their own due diligence and verify all information independently. Square footage is approximate and is based on tax records. Purchase title insurance, and any other inspections available.**
See Remarks: 1
Location Tax and Legal
Street Number: 1076
Street Name: Village Loop
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Gatlinburg
Subdivision Name: Chalet Village North
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer
Architectural Style: Cabin; Log
Association Amenities: Pool; Tennis Court(s)
Association Fee Includes: Insurance
Attic Features: Access Only
Basement: Full; Partially Finished
Construction Materials: Block; Frame; Log Siding
Cooling: Central Air; Electric; Heat Pump
Fireplace Features: Gas Log; Insert
Foundation Details: Combination
Heating: Central; Electric; Heat Pump
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Solid Surface Counters
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Wooded
Parking Features: Driveway; Paved
Patio And Porch Features: Covered; Deck; Porch
Pool Features: Hot Tub
Possession: Close Of Escrow; Other
Rental: Off Site
Road Frontage Type: County Road
Road Surface Type: Paved
Roof: Metal
Security Features: Security System; Smoke Detector(s)
Sewer: Septic Tank; Septic Permit On File
Utilities: Cable Available
View: Mountain(s)
Water Source: Public
Window Features: Double Pane Windows; Window Treatments
Showing Requirements: Appointment Only; Call Listing Agent; See Remarks
Listing Office:
Mountain Realty Group
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.