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.