1214 Reedmont Way, Sevierville, TN 37876

$1,349,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,452 Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $1,349,000 List Date: 1/16/2024 Last Modified: 9/05/2024

Description

Furnished, new-construction 5 bedroom with indoor pool and mountain views! This stunning contemporary cabin boasts a total of 3,452 square feet of living space, complete with the latest upscale finishes and a chic, modern vibe. The dramatic open floor plan features walls of glass that let in an abundance of natural light and provide views of the surrounding landscape and mountains. There are 5 bedrooms, 4 full bathrooms, and an additional half bathroom. The cabin also boasts an open loft, large entertainment area, and an indoor pool! Step outside and enjoy the beauty of nature from the comfort of one of your oversized decks. This property will be furnished with high-end, commercial grade furniture sourced from the top suppliers in the short-term rental industry. The Lodges at Reedmont is a premier short-term rental development with city utilities and is located minutes from all the best attractions and entertainment in the area. It is 2 minutes from Soaky Mountain and the Sevierville Convention Center and Pigeon Forge is just a short 15-minute drive away with no steep roads along the way. As an added bonus, The Lodges at Reedmont is also designated as an opportunity zone, providing investors with the potential for tax benefits, including tax deferrals on capital gains and potential tax-free appreciation on investments held for 10 years or more. [Drone photography used. Last photos are of a different completed cabin in development with similar finishings]

More Information MLS# 267968

Location, Tax, and Legal

Restrictive Covenants YN: Yes Zoning: C-5 Zoning Entity: Sevierville Tax Lot: 12 Book/Page/Doc #: 6291, 245 Tax Annual Amount: 368.22 Tax Year: 2022

Contract Information

Association Type: Mandatory Owner Name: Bruce Street Partners, LLC Listing Agreement: Exclusive Right To Sell Occupancy: Either Common Interest: Planned Development Association YN: Yes Association Fee: 200 Association Fee Frequency: Monthly Association Name: HOA Association Email: hoa@lodgesatreedmont.com Current Price: $1,349,000 Original List Price: 1349000 Sold Price: $1,349,000 Status: Closed Listing Contract Date: 2024-01-16

General Property Information

Lot Size Acres: 0.06 Above Grade Finished Area: 2175 Below Grade Finished Area: 1277 Below Grade Unfinished Area: 0 Garage YN: No Bathrooms Half: 1 Garage Spaces: 0 Bonus Room YN: Yes 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: 390.79 Sold Price/SqFt: 390.79 Living Area: 3452 Bedrooms Total: 5 Bathrooms Total: 5 Bathrooms Full: 4 Year Built: 2023

Remarks and Miscellaneous

Public Remarks: Furnished, new-construction 5 bedroom with indoor pool and mountain views! This stunning contemporary cabin boasts a total of 3,452 square feet of living space, complete with the latest upscale finishes and a chic, modern vibe. The dramatic open floor plan features walls of glass that let in an abundance of natural light and provide views of the surrounding landscape and mountains. There are 5 bedrooms, 4 full bathrooms, and an additional half bathroom. The cabin also boasts an open loft, large entertainment area, and an indoor pool! Step outside and enjoy the beauty of nature from the comfort of one of your oversized decks. This property will be furnished with high-end, commercial grade furniture sourced from the top suppliers in the short-term rental industry. The Lodges at Reedmont is a premier short-term rental development with city utilities and is located minutes from all the best attractions and entertainment in the area. It is 2 minutes from Soaky Mountain and the Sevierville Convention Center and Pigeon Forge is just a short 15-minute drive away with no steep roads along the way. As an added bonus, The Lodges at Reedmont is also designated as an opportunity zone, providing investors with the potential for tax benefits, including tax deferrals on capital gains and potential tax-free appreciation on investments held for 10 years or more. [Drone photography used. Last photos are of a different completed cabin in development with similar finishings] Directions: From Hwy 66 in Sevierville, turn onto Gists Creek Rd. towards Soaky Mountain Waterpark and continue for 1.2 miles. Turn right onto Reed Schoolhouse Rd. In .3 miles, the entrance will be on your right.

Status Change Information

Status Change Timestamp: 2024-04-02 Buyer Financing: Conventional Anticipated Closing Date: 2024-03-14 Major Change Timestamp: 2024-04-02T21:43:30Z Major Change Type: Status Change Purchase Contract Date: 2024-02-14 Close Date: 2024-03-28 Close Price: 1349000

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Gas Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Architectural Style

Cabin: 1 Contemporary: 1

Association Amenities

Clubhouse: 1

Association Fee Includes

Insurance: 1 Maintenance Grounds: 1 Roads: 1

Basement

Basement: 1 Finished: 1

Construction Materials

Cement Siding: 1 Other: 1

Cooling

Central Air: 1

Fireplace Features

Fireplaces Total: 1

Heating

Central: 1 Natural Gas: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 Great Room: 1 Solid Surface Counters: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

Three Or More: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Patio And Porch Features

Covered: 1 Deck: 1 Porch: 1

Pool Features

In Ground: 1

Property Condition

Under Construction: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Smoke Detector(s): 1

Sewer

Public Sewer: 1

View

Mountain(s): 1

Water Source

Public: 1

Showing Requirements

Showing Instructions: Text Rachel at 865-805-6114 for showings and more information. Estimated completion February 2024 and property to be furnished. Design book with furniture ordered is in Associated Docs. Closing company to be Tennessee Land Title. Offers to include preapproval/proof of funds, signed disclosures, and time limit of offer to be no less than 24 hours. Tax info is for original large parcel. Drone photography used. Last photos are of a different completed cabin in development with similar finishings. See Remarks: 1

Location Tax and Legal

Street Number: 1214 Street Name: Reedmont Street Suffix: Way County: Sevier State: TN Zip Code: 37876 Property Sub Type: Single Family Residence MLS Area Major: Sevierville Subdivision Name: The Lodges at Reedmont

Property Features

Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Contemporary Association Amenities: Clubhouse Association Fee Includes: Insurance; Maintenance Grounds; Roads Basement: Basement; Finished Construction Materials: Cement Siding; Other Cooling: Central Air Heating: Central; Natural Gas Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Patio And Porch Features: Covered; Deck; Porch Pool Features: In Ground Property Condition: Under Construction Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Public Sewer View: Mountain(s) Water Source: Public Showing Requirements: See Remarks
Listing Office: Local Realty Group
Last Updated: September - 05 - 2024
Information deemed reliable but not guaranteed.