1253 Bear Cub Way, Gatlinburg, TN 37738
$1,075,000
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
2,879
Status:
Closed
Current Price:
$1,075,000
List Date:
6/30/2022
Last Modified:
8/26/2024
Description
"Love This Life" is a fully furnished, income producing 3 bed/3.5 bath cabin just minutes from downtown Gatlinburg. With indoor swim spa, theater, and lavish furnishings, this cabin is a money maker. This luxury lodge is sure to impress and is currently sleeping 10 guests on the overnight rental program. It grossed over $94,000 in 2021 with 6 weeks of owner blocks. lost revenue would have been 110k+. Interior features include an open living room area with stone accented electric fireplace, dining area, and eat in fully equipped spacious kitchen with stainless/black appliances, granite, and a stone accented snack bar/island. Second level has two oversized Master Suites each with private bathrooms with tiled walk in showers, double sink vanities, electric fireplace, and private deck access to the hot tub for relaxing. Also, featuring a log surround multi arcade game and other games for entertaining. Lower level has the third oversized Master Suite with its own private bathroom with walk in tiled shower, double sink vanity, and walls of glass to view the pool area . Also, on the lower level you will find the swim spa/pool located indoors in its own private room accented with stone walls and fixed glass windows, and a nice theatre room for entertaining! Laundry area has full size washer and dryer. Enjoy one of the two levels of covered decking with a vaulted roof on the back of the cabin taking in the views and serene setting, or step onto the front covered decks also with beautiful mountain views in the distance. Property is currently self managed (link in Addendum) on AirBnB. Owners have performed several updates including a new spa pack and plumbing for the swim spa, new water heater, several new furnishings, and new sleeper sofa in the living room.
More Information MLS# 251615
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: C-2
Zoning Entity: Sevier County
Tax Lot: 17
Book/Page/Doc #: 5804, 98
Tax Annual Amount: 2779.07
Tax Year: 2021
Contract Information
Association Type: Mandatory
Owner Name: Chynoweth
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Common Interest: Planned Development
Association YN: Yes
Association Fee: 235
Association Fee Frequency: Monthly
Association Name: Smoky Mountain Village HOA
Association Email: daharwell1357@gmail.com
Current Price: $1,075,000
Original List Price: 1100000
Sold Price: $1,075,000
Status: Closed
Listing Contract Date: 2022-06-30
General Property Information
Lot Size Acres: 0
Above Grade Finished Area: 1789
Below Grade Finished Area: 1090
Below Grade Unfinished Area: 0
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: 376.87
Sold Price/SqFt: 373.39
Living Area: 2879
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 3
Year Built: 2018
Remarks and Miscellaneous
Public Remarks: "Love This Life" is a fully furnished, income producing 3 bed/3.5 bath cabin just minutes from downtown Gatlinburg. With indoor swim spa, theater, and lavish furnishings, this cabin is a money maker. This luxury lodge is sure to impress and is currently sleeping 10 guests on the overnight rental program. It grossed over $94,000 in 2021 with 6 weeks of owner blocks. lost revenue would have been 110k+. Interior features include an open living room area with stone accented electric fireplace, dining area, and eat in fully equipped spacious kitchen with stainless/black appliances, granite, and a stone accented snack bar/island. Second level has two oversized Master Suites each with private bathrooms with tiled walk in showers, double sink vanities, electric fireplace, and private deck access to the hot tub for relaxing. Also, featuring a log surround multi arcade game and other games for entertaining. Lower level has the third oversized Master Suite with its own private bathroom with walk in tiled shower, double sink vanity, and walls of glass to view the pool area . Also, on the lower level you will find the swim spa/pool located indoors in its own private room accented with stone walls and fixed glass windows, and a nice theatre room for entertaining! Laundry area has full size washer and dryer. Enjoy one of the two levels of covered decking with a vaulted roof on the back of the cabin taking in the views and serene setting, or step onto the front covered decks also with beautiful mountain views in the distance. Property is currently self managed (link in Addendum) on AirBnB. Owners have performed several updates including a new spa pack and plumbing for the swim spa, new water heater, several new furnishings, and new sleeper sofa in the living room.
Directions: From the Parkway turn at traffic light 10 onto Ski Mountain Rd in 1.5 mile turn right onto Wiley Oakley Dr. in .5 mil turn left onto Ski View Dr. on 2.2 mi turn right onto Bear Cub Way in .5 mi cabin will be on left.
Status Change Information
Status Change Timestamp: 2022-09-29
Buyer Financing: Conventional
Anticipated Closing Date: 2022-09-30
Major Change Timestamp: 2022-09-29T17:19:39Z
Major Change Type: Status Change
Price Change Timestamp: 2022-08-14T01:48:52Z
Purchase Contract Date: 2022-08-19
Close Date: 2022-09-29
Close Price: 1075000
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Log: 1
Association Fee Includes
Maintenance Grounds: 1
Roads: 1
Attic Features
None: 1
Basement
Basement: 1
Crawl Space: 1
Finished: 1
Full: 1
Construction Materials
Log: 1
Log Siding: 1
Masonry: 1
Stone: 1
Cooling
Central Air: 1
Electric: 1
Heat Pump: 1
Exterior Features
Rain Gutters: 1
Fireplace Features
Electric: 1
Factory Built: 1
Masonry: 1
Flooring
Wood: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Interior Features
Ceiling Fan(s): 1
Great Room: 1
High Speed Internet: 1
Solid Surface Counters: 1
Walk-In Closet(s): 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Parking Features
Driveway: 1
Paved: 1
Patio And Porch Features
Deck: 1
Pool Features
Hot Tub: 1
In Ground: 1
Private: 1
Possession
Close Of Escrow: 1
Rental
Off Site: 1
Rental History: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Metal: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
View
Mountain(s): 1
Water Source
Public: 1
Window Features
Window Treatments: 1
Showing Requirements
Appointment Only: 1
Showing Instructions: To schedule a showing, call/text Christian Maloney at 865-809-3344. **ALL OFFERS TO INCLUDE ALL ASSOCIATED DOCUMENT DISCLOSURES** and to be sent to matthew@anniemaloney.com. https://abnb.me/GzM3C31gjrb
See Remarks: 1
Historical Information
Public Historical Remarks: Interior Features: Large Primary Bedroom, Fireplace: 3 or More
Location Tax and Legal
Street Number: 1253
Street Name: Bear Cub
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Gatlinburg
Subdivision Name: Smoky Mtn Village
Property Features
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Washer
Architectural Style: Cabin; Log
Association Fee Includes: Maintenance Grounds; Roads
Attic Features: None
Basement: Basement; Crawl Space; Finished; Full
Construction Materials: Log; Log Siding; Masonry; Stone
Cooling: Central Air; Electric; Heat Pump
Exterior Features: Rain Gutters
Fireplace Features: Electric; Factory Built; Masonry
Flooring: Wood
Heating: Central; Electric; Heat Pump
Interior Features: Ceiling Fan(s); Great Room; High Speed Internet; Solid Surface Counters; Walk-In Closet(s)
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Parking Features: Driveway; Paved
Patio And Porch Features: Deck
Pool Features: Hot Tub; In Ground; Private
Possession: Close Of Escrow
Rental: Off Site; Rental History
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Composition; Metal
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Available
View: Mountain(s)
Water Source: Public
Window Features: Window Treatments
Showing Requirements: Appointment Only; See Remarks
Listing Office:
Prime Mountain Properties
Last Updated: August - 26 - 2024
Information deemed reliable but not guaranteed.