130 Mills Park Road 3, Gatlinburg, TN 37738
$2,399,000
Property Type:
Residential
Bedrooms:
6
Baths:
7
Square Footage:
5,008
Lot Size (sq. ft.):
436
Status:
Closed
Current Price:
$2,399,000
List Date:
10/25/2024
Last Modified:
11/27/2024
Description
**JUST COMPLETED** Presenting a sensational, new-construction, 6-bedroom cabin complete with a revolutionary two-story indoor waterfall pool! With rental income projections soaring up to $329K annually, this modern mountain lodge is both an exquisite retreat and a lucrative investment opportunity. Spanning a generous 5,008 square feet, the cabin is replete with high-end finishes and a sleek, contemporary aesthetic. Upon entering the expansive main level, you'll be captivated by the spacious open floor plan that integrates the kitchen, dining area, and great room seamlessly. This level also features two exquisite ensuite king bedrooms, a cutting-edge game room with four handcrafted suspended bunk beds, and two sleeper sofas. The show-stopping, dual-level pool room, encased in store-front glass, provides breathtaking views from multiple vantage points across both levels. Ascend to the upper level to discover a private office, a lounge area with a pool table, and a stunning overview of the waterfall and pool below. Relax by the outdoor fireplace on the covered deck, soaking in the awe-inspiring mountain vistas of Mt. Leconte on tranquil afternoons. Outfitted with premium, commercial-grade furniture sourced from top-tier suppliers in the short-term rental industry, this cabin exemplifies unparalleled luxury and comfort. Located in the brand new prestigious Timber Ridge at Mills Park community, this property enjoys underground city utilities and proximity to the area's top attractions, dining, shops, and entertainment. You're less than one minute away from Mills Park and the Rocky Top Sports World complex, with downtown Gatlinburg less than five miles from your doorstep. As a unique perk, a tram stop at the neighborhood entrance offers guests a convenient, complimentary way to explore Gatlinburg. Seize the opportunity to own a truly unique cabin in Gatlinburg's newest professionally designed neighborhood—Timber Ridge at Mills Park. Experience the ultimate fusion of luxury and adventure at this impeccable mountain haven. Documents section in the MLS includes rental projections, floor plans, furnishing selections, appliance selections, and plat map. Link to video is in the Realtor Addendum
More Information MLS# 303546
Location, Tax, and Legal
Unit Number: 3
New Construction YN: Yes
New Construction Start Date: 2024-01-01
Estimated Completion Date: 2024-10-25
Restrictive Covenants YN: Yes
Zoning: R-2
Zoning Entity: Gatlinburg
Parcel Number: 118 087.00
Tax Lot: Unit 3
Tax Annual Amount: 726.98
Tax Year: 2023
Contract Information
Sold Before Listed: No
Association Type: Mandatory
Auction YN: No
Owner Name: Mills Park Cabins LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Rental History Gross Amount 1: 329000
Rental History Year 1: 2025
Association YN: Yes
Association Fee: 150
Association Fee Frequency: Monthly
Association Name: Timber Ridge HOA
Association Phone: TBD
Association Email: TBD
Current Price: $2,399,000
Original List Price: 2399000
Sold Price: $2,399,000
Status: Closed
Listing Contract Date: 2024-10-25
General Property Information
Stories Total: 2
Lot Size Acres: 0.01
Lot Size Source: Other
Living Area Source: Plans
Above Grade Finished Area: 5008
Below Grade Finished Area: 0
Garage YN: No
Bathrooms Half: 1
Garage Spaces: 0
Fireplace YN: Yes
Bonus Room YN: No
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: Yes
Home Warranty YN: Yes
Property Attached YN: No
Construction Type: Site Built
Planned Unit Development (PUD): Yes
View YN: Yes
List Price/SqFt: 479.03
Sold Price/SqFt: 479.03
Living Area: 5008
Bedrooms Total: 6
Bathrooms Total: 7
Bathrooms Full: 6
Year Built: 2024
Remarks and Miscellaneous
Public Remarks: **JUST COMPLETED** Presenting a sensational, new-construction, 6-bedroom cabin complete with a revolutionary two-story indoor waterfall pool! With rental income projections soaring up to $329K annually, this modern mountain lodge is both an exquisite retreat and a lucrative investment opportunity. Spanning a generous 5,008 square feet, the cabin is replete with high-end finishes and a sleek, contemporary aesthetic. Upon entering the expansive main level, you'll be captivated by the spacious open floor plan that integrates the kitchen, dining area, and great room seamlessly. This level also features two exquisite ensuite king bedrooms, a cutting-edge game room with four handcrafted suspended bunk beds, and two sleeper sofas. The show-stopping, dual-level pool room, encased in store-front glass, provides breathtaking views from multiple vantage points across both levels. Ascend to the upper level to discover a private office, a lounge area with a pool table, and a stunning overview of the waterfall and pool below. Relax by the outdoor fireplace on the covered deck, soaking in the awe-inspiring mountain vistas of Mt. Leconte on tranquil afternoons. Outfitted with premium, commercial-grade furniture sourced from top-tier suppliers in the short-term rental industry, this cabin exemplifies unparalleled luxury and comfort. Located in the brand new prestigious Timber Ridge at Mills Park community, this property enjoys underground city utilities and proximity to the area's top attractions, dining, shops, and entertainment. You're less than one minute away from Mills Park and the Rocky Top Sports World complex, with downtown Gatlinburg less than five miles from your doorstep. As a unique perk, a tram stop at the neighborhood entrance offers guests a convenient, complimentary way to explore Gatlinburg. Seize the opportunity to own a truly unique cabin in Gatlinburg's newest professionally designed neighborhood—Timber Ridge at Mills Park. Experience the ultimate fusion of luxury and adventure at this impeccable mountain haven. Documents section in the MLS includes rental projections, floor plans, furnishing selections, appliance selections, and plat map. Link to video is in the Realtor Addendum
Directions: From Gatlinburg take 321 east to a left on Mills Park Rd. Timber Ridge at Mills Park will be directly on your right.
Status Change Information
Status Change Timestamp: 2024-11-27
Buyer Financing: Conventional
Anticipated Closing Date: 2024-11-27
Major Change Timestamp: 2024-11-27T14:43:59Z
Major Change Type: Status Change
Purchase Contract Date: 2024-10-27
Close Date: 2024-11-27
Close Price: 2399000
Appliances
Dishwasher: 1
Disposal: 1
Double Oven: 1
Dryer: 1
Electric Cooktop: 1
Electric Range: 1
Gas Water Heater: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Chalet: 1
Crossmod: 1
Attic Features
None: 1
Basement
None: 1
Construction Materials
Block: 1
Fiber Cement: 1
Frame: 1
Log Siding: 1
Stone: 1
Wood Siding: 1
Cooling
Central Air: 1
Heat Pump: 1
Exterior Features
Rain Gutters: 1
Fireplace Features
Fireplaces Total: 8
Electric: 1
Gas Log: 1
Flooring
Luxury Vinyl: 1
Tile: 1
Heating
Central: 1
Heat Pump: 1
Natural Gas: 1
Interior Features
Breakfast Bar: 1
Ceiling Fan(s): 1
Eat-in Kitchen: 1
Granite Counters: 1
High Speed Internet: 1
Kitchen Island: 1
Kitchen/Dining Combo: 1
Pantry: 1
Soaking Tub: 1
Solid Surface Counters: 1
Walk-In Shower(s): 1
Other: 1
Laundry Features
Inside: 1
Laundry Closet: 1
Upper Level: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lock Box Information
Combo: 1
SentriLock: 1
Main Room Levels
Main Level Bathrooms: 2
Main Level Bedrooms: 3
Parking Features
Asphalt: 1
Off Street: 1
Open Parking YN: Yes
Patio And Porch Features
Covered: 1
Deck: 1
Pool Features
Electric Heat: 1
Gunite: 1
Heated: 1
Hot Tub: 1
In Ground: 1
Indoor: 1
Private: 1
Possession
Close Of Escrow: 1
Property Condition
New Construction: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Security Features
Fire Sprinkler System: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
High Speed Internet Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
View
Mountain(s): 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Lockbox: 1
Showing Instructions: Call/text Matt Maloney 865-719-2755
Location Tax and Legal
Street Number: 130
Street Name: Mills Park
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Cabin
MLS Area Major: Gatlinburg
Subdivision Name: Timber Ridge
Property Features
Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Cooktop; Electric Range; Gas Water Heater; Microwave; Range Hood; Refrigerator; Washer
Architectural Style: Cabin; Chalet; Crossmod
Attic Features: None
Basement: None
Construction Materials: Block; Fiber Cement; Frame; Log Siding; Stone; Wood Siding
Cooling: Central Air; Heat Pump
Exterior Features: Rain Gutters
Fireplace Features: Electric; Gas Log
Flooring: Luxury Vinyl; Tile
Heating: Central; Heat Pump; Natural Gas
Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Granite Counters; High Speed Internet; Kitchen Island; Kitchen/Dining Combo; Pantry; Soaking Tub; Solid Surface Counters; Walk-In Shower(s); Other
Laundry Features: Inside; Laundry Closet; Upper Level
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Lock Box Information: Combo; SentriLock
Parking Features: Asphalt; Off Street
Patio And Porch Features: Covered; Deck
Pool Features: Electric Heat; Gunite; Heated; Hot Tub; In Ground; Indoor; Private
Possession: Close Of Escrow
Property Condition: New Construction
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Metal
Security Features: Fire Sprinkler System; Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Connected; Electricity Connected; High Speed Internet Connected; Natural Gas Connected; Sewer Connected; Water Connected
View: Mountain(s)
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; Lockbox
Documents
Listing Office:
Prime Mountain Properties
Last Updated: November - 27 - 2024
Information deemed reliable but not guaranteed.
Rental Projections ›