1238 Reedmont Way, Sevierville, TN 37876
$1,375,000
Property Type:
Residential
Bedrooms:
5
Baths:
5
Square Footage:
3,452
Lot Size (sq. ft.):
2,614
Status:
Closed
Current Price:
$1,375,000
List Date:
6/24/2024
Last Modified:
9/05/2024
Description
No construction loan, new construction 5 bedroom indoor pool cabin with mountain views, and no construction loan needed! The Lodges at Reedmont is a premier short-term rental development with city utilities and no steep roads. It is located less than 5 minutes from Soaky Mountain and the Sevierville Convention Center and Pigeon Forge is just a short 15-minute drive, giving you access to all the best attractions and entertainment in the area. The development is located right off the main roads, providing you with incredibly easy access without any steep hills or backroads to navigate. 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. 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. There are 5 bedrooms and 5 full bathrooms. The cabin also boasts a game room, additional recreation room, movie room, and an indoor pool! Step outside and enjoy the beauty of nature from the comfort of your wraparound deck, complete with a hot tub for the ultimate in relaxation. Best of all, there's no need for a construction loan and this property will come fully furnished! [Drone photography used]
More Information MLS# 301721
Location, Tax, and Legal
City/County: City
New Construction YN: Yes
New Construction Start Date: 2023-11-15
Estimated Completion Date: 2024-06-12
Restrictive Covenants YN: Yes
Zoning: C-5
Zoning Entity: Sevierville
Parcel Number: 037 057.07
Tax Lot: 18
Book/Page/Doc #: 6426, 537
Tax Annual Amount: 171.49
Tax Year: 2023
Contract Information
Sold Before Listed: Yes
Association Type: Mandatory
Auction YN: No
Owner Name: Conner
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 Phone: .
Association Email: hoa@lodgesatreedmont.com
Current Price: $1,375,000
Original List Price: 1375000
Sold Price: $1,375,000
Status: Closed
Listing Contract Date: 2024-06-19
General Property Information
Stories Total: 3
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: 0
Garage Spaces: 0
Fireplace YN: Yes
Bonus Room YN: Yes
Number of Bonus Rooms: 3
Bonus Room Type(s): Recreation rooms, movie room
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
Planned Unit Development (PUD): Yes
View YN: Yes
List Price/SqFt: 398.32
Sold Price/SqFt: 398.32
Living Area: 3452
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 5
Year Built: 2024
Remarks and Miscellaneous
Public Remarks: No construction loan, new construction 5 bedroom indoor pool cabin with mountain views, and no construction loan needed! The Lodges at Reedmont is a premier short-term rental development with city utilities and no steep roads. It is located less than 5 minutes from Soaky Mountain and the Sevierville Convention Center and Pigeon Forge is just a short 15-minute drive, giving you access to all the best attractions and entertainment in the area. The development is located right off the main roads, providing you with incredibly easy access without any steep hills or backroads to navigate. 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. 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. There are 5 bedrooms and 5 full bathrooms. The cabin also boasts a game room, additional recreation room, movie room, and an indoor pool! Step outside and enjoy the beauty of nature from the comfort of your wraparound deck, complete with a hot tub for the ultimate in relaxation. Best of all, there's no need for a construction loan and this property will come fully furnished! [Drone photography used]
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: 2024-06-24
Buyer Financing: Cash
Major Change Timestamp: 2024-06-24T15:59:41Z
Major Change Type: Status Change
Purchase Contract Date: 2024-06-19
Close Date: 2024-06-20
Close Price: 1375000
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 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
Wood Siding: 1
Cooling
Central Air: 1
Fireplace Features
Fireplaces Total: 1
Electric: 1
Heating
Central: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Great Room: 1
Solid Surface Counters: 1
Laundry Features
Gas 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
Hot Tub: 1
In Ground: 1
Property Condition
New Construction: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Metal: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
View
Mountain(s): 1
Water Source
Public: 1
Location Tax and Legal
Street Number: 1238
Street Name: Reedmont
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37876
Property Sub Type: Cabin
MLS Area Major: Sevierville
Subdivision Name: The Lodges at Reedmont
Property Features
Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer
Architectural Style: Cabin; Contemporary
Association Amenities: Clubhouse
Association Fee Includes: Insurance; Maintenance Grounds; Roads
Basement: Basement; Finished
Construction Materials: Cement Siding; Wood Siding
Cooling: Central Air
Fireplace Features: Electric
Heating: Central
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Solid Surface Counters
Laundry Features: Gas Dryer Hookup; Washer Hookup
Levels: Three Or More
Listing Terms: 1031 Exchange; Cash; Conventional
Patio And Porch Features: Covered; Deck; Porch
Pool Features: Hot Tub; In Ground
Property Condition: New Construction
Road Surface Type: Paved
Roof: Composition; Metal
Security Features: Smoke Detector(s)
Sewer: Public Sewer
View: Mountain(s)
Water Source: Public
Listing Office:
Local Realty Group
Last Updated: September - 05 - 2024
Information deemed reliable but not guaranteed.