1236 Bird Nest Way, "Splash Mountain Lodge", Sevierville, TN 37862
$1,348,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
2,688
Status:
Closed
Current Price:
$1,348,000
List Date:
12/14/2021
Last Modified:
8/31/2024
Listing Details MLS# 246487
General Property Information
- Living Area
- 2688
- Above Grade Finished Area
- 1792
- Below Grade Finished Area
- 896
- Bedrooms Total
- 4
- Bathrooms Total
- 4
- Bathrooms Full
- 4
- Garage YN
- No
- Year Built
- 2017
- Bonus Room YN
- No
- Accessory Dwelling Unit YN
- No
- Sign On Property YN
- No
- Home Warranty YN
- No
- Furnished
- Furnished
- Construction Type
- Site Built
- View YN
- Yes
- List Price/SqFt
- 481.77
- Sold Price/SqFt
- 501.49
- Lot Size Acres
- 0
- 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 Fee Includes:
Roads
Construction Materials:
Log; Log Siding; Wood Siding
Cooling:
Electric; Heat Pump
Exterior Features:
Rain Gutters
Fireplace Features:
Electric
Flooring:
Wood
Heating:
Electric; Heat Pump
Interior Features:
Cathedral Ceiling(s); Ceiling Fan(s); High Speed Internet; Other
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Levels:
Three Or More
Listing Terms:
1031 Exchange; Cash; Conventional
Parking Features:
Driveway; Paved
Patio And Porch Features:
Covered; Deck; Porch; Screened
Pool Features:
Hot Tub; In Ground
Possession:
Close Of Escrow
Rental:
Off Site; Rental History
Road Frontage Type:
Private Road
Road Surface Type:
Paved
Roof:
Composition
Security Features:
Smoke Detector(s)
Sewer:
Shared Septic
Utilities:
Cable Available
View:
Mountain(s); Seasonal
Water Source:
Public
Window Features:
Double Pane Windows; Window Treatments
Showing Requirements:
Appointment Only; Call Listing Agent
Location Tax and Legal
- Street Number
- 1236
- Street Name
- Bird Nest
- Street Suffix
- Way
- County
- Sevier
- State
- TN
- Zip Code
- 37862
- Property Sub Type
- Single Family Residence
- MLS Area Major
- Pigeon Forge
- Subdivision Name
- Black Bear Ridge
Contract Information
- Original List Price
- 1295000
- Listing Contract Date
- 2021-12-14
- Owner Name
- Joy H. Gallo and Martin G. Gallo
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Common Interest
- Planned Development
- Rental History Gross Amount 1
- 172601
- Rental History Year 1
- 2021
- Rental History Gross Amount 2
- 154671
- Rental History Year 2
- 2020
- Association YN
- Yes
- Association Fee
- 390
- Association Fee Frequency
- Quarterly
- Association Name
- Black Bear Ridge HOA
- Association Email
- services@wisepropertysolutions.com
- Association Type
- Mandatory
Remarks and Miscellaneous
- Public Remarks
- What an incredible opportunity to purchase a prolific rental cabin in the Smoky Mountains! "Splash Mountain Lodge" checks all the boxes for a successful short term rental - indoor pool, mountain view, theater, and convenient location. The rental income for this 4 bedroom cabin is as jaw dropping as the mountain view. In 2021, the cabin has bookings of $172,601 (277 nights booked), which is strictly rental revenue and does not include cleaning fees, taxes, or any other fees. It fared very well in 2020 as well producing $154,671 in rental income. The cabin really excels from a few unique and rare aspects including a screened porch serving as an outdoor game area, indoor pool with massive theater screen, and of course the mountain view quintessential to the Smokies. This "recipe for success" is located in Black Bear Ridge Resort which is convenient to Pigeon Forge and offers several different access points from back roads if tourism traffic happens to be heavy. The cabin was completed in 2017 and includes four bedrooms (one with queen over queen bunks and three with king sized bed) and four baths. Three levels of decks enable one to take in the mountain views from a variety of perspectives. The GRM (Gross Rental Multiplier) of 7.50 (at listing price) is far better than the vast majority of cabins listed in our market, creating a wonderful investment opportunity for a buyer.
- Directions
- From the Parkway in Pigeon Forge, turn onto US Hwy. 321/Wears Valley Rd. Continue 2.9 miles, then turn left onto Lost Branch Rd. In 1.4 miles, turn RIGHT onto Black Bear Cub Way. Follow Black Bear Way and turn right onto Autumn Path Way. Follow a short distance and turn left onto Bird Nest Way. Follow to the cabin on the left at 1236 Bird Nest Way. The cabin name is "Splash Mountain Lodge". Several alternate routes available depending on traffic such as Pine Mountain, Mill Creek, etc.
Status Change Information
- Major Change Timestamp
- 2022-02-24T18:02:55Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2022-02-24
- Purchase Contract Date
- 2021-12-14
- Close Date
- 2022-02-24
- Close Price
- 1348000
- Buyer Financing
- Conventional
- Anticipated Closing Date
- 2022-02-04
More Information
Fireplace Features
- Fireplaces Total
- Yes
- Electric
- Yes
Showing Requirements
- Showing Instructions
- The cabin, "Splash Mountain Lodge" is open from December 14th until a check in on Friday December 17th. Please text/call Jay on his cell phone to get the door code & schedule a showing. Buyer to verify square footage, HOA amenities, & to conduct inspections. Most information included is taken from tax records, which shall be considered reliable but not guaranteed. The HOA fees do NOT include the community pool, wedding chapel, nail/hair salon. Those are separately owned & operated. For access to the community pool, it is $750/year for a 4 bedroom. This is NOT mandatory, but optional if guests want use of the community pool. UTILITIES: 2020 Avg. Electric $726/mo, ($789.55/mo so far in 2021), Community Septic is $90.56/mo, water average of $236.26 in 2020, Xfinity Internet/Cable: $243/month as of 11/2021. NOTE: When the 2022 Annual HOA Meeting announcement was recently released it noted in 2022 there will be an increase of HOA fees of $5/mo. to the $390/quarter listed in the MLS listing
- Appointment Only
- Yes
- Call Listing Agent
- Yes
Historical Information
- Public Historical Remarks
- Interior Features: Large Primary Bedroom
Location, Tax, and Legal
- Street Additional Info
- "Splash Mountain Lodge"
- Restrictive Covenants YN
- Yes
- Zoning
- R-1
- Zoning Entity
- Sevier County
- Tax Lot
- 54R-1
- Book/Page/Doc #
- 4927, 161
- Tax Annual Amount
- 1797.69
- Tax Year
- 2019
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Electric Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Architectural Style
- Cabin
- Yes
- Log
- Yes
Association Fee Includes
- Roads
- Yes
Construction Materials
- Log
- Yes
- Log Siding
- Yes
- Wood Siding
- Yes
Cooling
- Electric
- Yes
- Heat Pump
- Yes
Exterior Features
- Rain Gutters
- Yes
Flooring
- Wood
- Yes
Heating
- Electric
- Yes
- Heat Pump
- Yes
Interior Features
- Cathedral Ceiling(s)
- Yes
- Ceiling Fan(s)
- Yes
- High Speed Internet
- Yes
- Other
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
- Washer Hookup
- Yes
Levels
- Three Or More
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Driveway
- Yes
- Paved
- Yes
Patio And Porch Features
- Covered
- Yes
- Deck
- Yes
- Porch
- Yes
- Screened
- Yes
Pool Features
- Hot Tub
- Yes
- In Ground
- Yes
Possession
- Close Of Escrow
- Yes
Rental
- Off Site
- Yes
- Rental History
- Yes
Road Frontage Type
- Private Road
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Composition
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Shared Septic
- Yes
Utilities
- Cable Available
- Yes
View
- Mountain(s)
- Yes
- Seasonal
- Yes
Water Source
- Public
- Yes
Window Features
- Double Pane Windows
- Yes
- Window Treatments
- Yes
Listing Office:
Smoky Mountain Real Estate Cor
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.