1106 Black Bear Cub Way, Sevierville, TN 37862
$1,000,000
Property Type:
Residential
Bedrooms:
6
Baths:
6
Square Footage:
2,040
Status:
Closed
Current Price:
$1,000,000
List Date:
9/08/2023
Last Modified:
8/30/2024
Overview
Description
...
(Read more)
Indulge in the allure of mountain living. This turnkey vacation rental, situated in the prestigious Black Bear Ridge Resort, has a proven rental history with a historical gross revenue of $163,000+/year. Cabin will be under new management starting 11/01/23. New managers are predicting to exceed last year's numbers by 20%. Boasting 4 levels, 6 bedrooms, including 4 master suites, and 3 front porches with mesmerizing Smoky Mountain Valley Views, this home is a sanctuary of comfort and luxury. With 11 beds and 3 separate living rooms, it accommodates up to 21 guests. The exterior, including the decks, was recently stained in October 2023. Strategically located, it's just a short drive to the Wears Valley entrance of the Smoky Mountain National Park, Pigeon Forge Strip, Townsend, and Gatlinburg. Furnishings, equipment, kitchenware, and supplies convey with the home, including TVs, appliances, games, hot tubs, etc. Investors, this is your golden ticket! Priced to sell and part of a thriving rental program, this property promises both beauty and profitability. 5 home portfolio available.
Listing Details MLS# 261293
General Property Information
- Living Area
- 2040
- Above Grade Finished Area
- 1020
- Below Grade Finished Area
- 1020
- Bedrooms Total
- 6
- Bathrooms Total
- 6
- Bathrooms Full
- 6
- Year Built
- 2006
- Bonus Room YN
- No
- Accessory Dwelling Unit YN
- No
- Sign On Property YN
- No
- Home Warranty YN
- No
- Construction Type
- Site Built
- List Price/SqFt
- 269.61
- Sold Price/SqFt
- 245.1
- Lot Size Acres
- 0
- Below Grade Unfinished Area
- 0
- Bathrooms Half
- 0
- Garage Spaces
- 0
Property Features
Appliances:
Dishwasher; Dryer; Gas Range; Microwave; Refrigerator; Washer
Architectural Style:
Cabin
Attic Features:
None
Basement:
Basement; Finished
Construction Materials:
Log
Cooling:
Central Air
Fireplace Features:
Gas Log
Heating:
Central
Interior Features:
Cathedral Ceiling(s)
Levels:
Three Or More
Listing Terms:
Cash; Conventional
Patio And Porch Features:
Deck; Porch
Road Surface Type:
Paved
Roof:
Composition
Sewer:
Public Sewer
Water Source:
Public
Showing Requirements:
See Remarks
Location Tax and Legal
- Street Number
- 1106
- 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 Pud
Contract Information
- Original List Price
- 1399999
- Listing Contract Date
- 2023-09-08
- Owner Name
- D Alexander Fund I Lp
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Common Interest
- Planned Development
- Association YN
- Yes
- Association Fee
- 125
- Association Fee Frequency
- Monthly
- Association Name
- Black Bear Ridge Pud
- Association Email
- -
- Association Type
- Mandatory
Remarks and Miscellaneous
- Public Remarks
- Indulge in the allure of mountain living. This turnkey vacation rental, situated in the prestigious Black Bear Ridge Resort, has a proven rental history with a historical gross revenue of $163,000+/year. Cabin will be under new management starting 11/01/23. New managers are predicting to exceed last year's numbers by 20%. Boasting 4 levels, 6 bedrooms, including 4 master suites, and 3 front porches with mesmerizing Smoky Mountain Valley Views, this home is a sanctuary of comfort and luxury. With 11 beds and 3 separate living rooms, it accommodates up to 21 guests. The exterior, including the decks, was recently stained in October 2023. Strategically located, it's just a short drive to the Wears Valley entrance of the Smoky Mountain National Park, Pigeon Forge Strip, Townsend, and Gatlinburg. Furnishings, equipment, kitchenware, and supplies convey with the home, including TVs, appliances, games, hot tubs, etc. Investors, this is your golden ticket! Priced to sell and part of a thriving rental program, this property promises both beauty and profitability. 5 home portfolio available.
- Directions
- From Pigeon Forge Turn right onto US-441 N / US-321 S / TN-71 / Parkway, then immediately turn left onto Pine Mountain Rd Grand Inns of America on the corner 1.8 mi Turn right onto Gibson Hollow Ln 0.2 mi Bear right onto Engle Town Rd 1.1 mi Turn right onto Lost Branch Rd 0.8 mi Turn left onto Black Bear Cub Way 0.3 mi Arrive at Black Bear Cub Way.
Status Change Information
- Major Change Timestamp
- 2023-12-22T20:24:49Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2023-11-25T05:52:39Z
- Status Change Timestamp
- 2023-12-22
- Purchase Contract Date
- 2023-12-02
- Close Date
- 2023-12-22
- Close Price
- 1000000
- Buyer Financing
- Other
- Anticipated Closing Date
- 2023-12-28
More Information
Showing Requirements
- Showing Instructions
- *For SHOWINGS call: (865) 525-4999. Send OFFERS to aj@kingsofrealestate.com / Cell (865) 394-8316. Pre-Approval/Proof of Funds & Disclosures in Assoc Docs MUST accompany offers. SF from tax records or seller; buyer to verify. Smoky Vistas pays any agent that brings an owner $250 per bedroom after the property received it's first positive owner statement.
- See Remarks
- Yes
Location, Tax, and Legal
- Restrictive Covenants YN
- Yes
- Zoning
- R-1
- Zoning Entity
- Sevier County
- Parcel Number
- 093L A 001.00
- Tax Lot
- 148R
- Book/Page/Doc #
- 5721, 779
- Tax Annual Amount
- 2574.46
- Tax Year
- 2022
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Gas Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Architectural Style
- Cabin
- Yes
Attic Features
- None
- Yes
Basement
- Basement
- Yes
- Finished
- Yes
Construction Materials
- Log
- Yes
Cooling
- Central Air
- Yes
Fireplace Features
- Gas Log
- Yes
Heating
- Central
- Yes
Interior Features
- Cathedral Ceiling(s)
- Yes
Levels
- Three Or More
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Patio And Porch Features
- Deck
- Yes
- Porch
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Composition
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Listing Office:
Your Home Sold Guaranteed Real
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.