1325 Harmony Way, Sevierville, TN 37876

$1,295,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,555 Lot Size (sq. ft.): 123,275 Status: Closed
Current Price: $1,295,000 List Date: 8/07/2024 Last Modified: 10/01/2024

Overview

Description

This 2023 built luxury cabin has a huge/open floorpan with over-sized bedrooms, large closets, soaring vaulted ceilings on the main level, and a huge entertainment space in the basement which is large enough for ALL of the guests to hang out and enjoy! Not to mention the super fun bunk area that kids will RAVE over:). Tons of deck space outside and a beautiful fire pit hang out area on the side of the cabin. Very low maintenance build with high end vinyl cedar shake siding, trex decking, and powder coated aluminum hand railings. The only exterior wood is the framing for the decks so, no need to re stain every few years like most other cabins. There's flat paved parking for 4+ vehicles out front and has even an EV charger. **Great income potential!! Rental projections from Avada Properties between $129,000-$163,000 (low-high range). Active short term rental and is currently self managed by the owner. On a 3bdr septic system but, truly has 4 private King rooms+the bunk area with 4 twins in the basement. Rents/functions as a 5 bdr-sleep 12 (in beds) on Airbnb. The 4th bdr was finished out after the build was completed. Square footage on tax records do not reflect. Floor plans from measure house show 3,555 sqft as the total finished/heated & cooled area for the entire property and is situated on a secluded 2.83 acre lot. The basement bathroom, previously a half bath, had the stand up shower added after completion. This home now has 3 full baths (one on each level) plus a half bath on the main. The current owner has spent well over $100,000 finishing out and making improvements to the property since purchased. Designed with high end furnishings, being sold 100% turn-key and ready to rent! Also, to justify the projections from Avada, an identical cabin (1313 Harmony Way) next door sold on 5/28/24 and it had over $104k income on the books for 2024 at the time of the sale (5/28/24) with 160 nights rented, at a $650 ADR. 177 bookable days were still left through end of the year. It was on pace to pay out $160,000+ for 2024 by year end. Schedule your showing for this unique luxury cabin TODAY!!!

Listing Details MLS# 302413

General Property Information

Stories Total
3
Lot Size Acres
2.83
Lot Size Source
Survey
Living Area
3555
Above Grade Finished Area
2152
Below Grade Finished Area
1403
Bedrooms Total
3
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Garage YN
No
Fireplace YN
Yes
Year Built
2023
Bonus Room YN
Yes
Number of Bonus Rooms
Yes
Bonus Room Type(s)
Finished Basement room
List Price/SqFt
364.28
Sold Price/SqFt
364.28
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Microwave; Refrigerator; Washer Architectural Style: A-Frame; Cabin; Chalet; Cottage; Log Attic Features: Storage Only Basement: Basement; Finished; Walk-Out Access Construction Materials: Block; Frame; Shake Siding Cooling: Central Air Documents Available: Septic Permit; Survey Fireplace Features: Electric Flooring: Hardwood Heating: Central Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Granite Counters; Great Room; Walk-In Closet(s); Walk-In Shower(s) Laundry Features: Laundry Room; Main Level Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional; Other Lock Box Information: See Remarks Lot Features: Secluded; Sloped; Wooded Parking Features: Paved; Private Patio And Porch Features: Covered; Deck Roof: Composition Sewer: Septic Tank Skirt: Block Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Private; Well Window Features: Double Pane Windows Showing Requirements: See Remarks

Location Tax and Legal

Street Number
1325
Street Name
Harmony
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37876
Property Sub Type
Single Family Residence
MLS Area Major
Sevierville
Subdivision Name
Serenity Woods

Contract Information

Original List Price
1295000
Listing Contract Date
2024-07-30
Auction YN
No
Owner Name
Bond
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
No

Remarks and Miscellaneous

Public Remarks
This 2023 built luxury cabin has a huge/open floorpan with over-sized bedrooms, large closets, soaring vaulted ceilings on the main level, and a huge entertainment space in the basement which is large enough for ALL of the guests to hang out and enjoy! Not to mention the super fun bunk area that kids will RAVE over:). Tons of deck space outside and a beautiful fire pit hang out area on the side of the cabin. Very low maintenance build with high end vinyl cedar shake siding, trex decking, and powder coated aluminum hand railings. The only exterior wood is the framing for the decks so, no need to re stain every few years like most other cabins. There's flat paved parking for 4+ vehicles out front and has even an EV charger. **Great income potential!! Rental projections from Avada Properties between $129,000-$163,000 (low-high range). Active short term rental and is currently self managed by the owner. On a 3bdr septic system but, truly has 4 private King rooms+the bunk area with 4 twins in the basement. Rents/functions as a 5 bdr-sleep 12 (in beds) on Airbnb. The 4th bdr was finished out after the build was completed. Square footage on tax records do not reflect. Floor plans from measure house show 3,555 sqft as the total finished/heated & cooled area for the entire property and is situated on a secluded 2.83 acre lot. The basement bathroom, previously a half bath, had the stand up shower added after completion. This home now has 3 full baths (one on each level) plus a half bath on the main. The current owner has spent well over $100,000 finishing out and making improvements to the property since purchased. Designed with high end furnishings, being sold 100% turn-key and ready to rent! Also, to justify the projections from Avada, an identical cabin (1313 Harmony Way) next door sold on 5/28/24 and it had over $104k income on the books for 2024 at the time of the sale (5/28/24) with 160 nights rented, at a $650 ADR. 177 bookable days were still left through end of the year. It was on pace to pay out $160,000+ for 2024 by year end. Schedule your showing for this unique luxury cabin TODAY!!!
Directions
From the Pigeon Forge Parkway heading towards Gatlinburg, turn left at red-light #8 onto Dollywood Ln, bare right by the golf course to stay on Dollywood ln, turn right onto Boogertown Rd, turn right onto Serenity ln., veer left onto Harmony Way. 1325 is the last house on the left at the end of the road. Look for ''Mountain Bliss'' Sign.

Status Change Information

Major Change Timestamp
2024-10-01T15:45:13Z
Major Change Type
Status Change
Status Change Timestamp
2024-10-01
Purchase Contract Date
2024-08-16
Close Date
2024-09-30
Close Price
1295000
Buyer Financing
Conventional
Anticipated Closing Date
2024-09-30

More Information

Fireplace Features

Fireplaces Total
Yes
Electric
Yes

Main Room Levels

Main Level Bathrooms
2
Main Level Bedrooms
Yes

Location, Tax, and Legal

City/County
County
New Construction YN
No
Restrictive Covenants YN
Yes
Zoning
r-1
Zoning Entity
sevier County
Parcel Number
096 032.07
Tax Lot
/6-R
Book/Page/Doc #
6333/530
Tax Annual Amount
4081
Tax Year
2023

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Cooktop
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

A-Frame
Yes
Cabin
Yes
Chalet
Yes
Cottage
Yes
Log
Yes

Attic Features

Storage Only
Yes

Basement

Basement
Yes
Finished
Yes
Walk-Out Access
Yes

Construction Materials

Block
Yes
Frame
Yes
Shake Siding
Yes

Cooling

Central Air
Yes

Documents Available

Septic Permit
Yes
Survey
Yes

Flooring

Hardwood
Yes

Heating

Central
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Granite Counters
Yes
Great Room
Yes
Walk-In Closet(s)
Yes
Walk-In Shower(s)
Yes

Laundry Features

Laundry Room
Yes
Main Level
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Other
Yes

Lock Box Information

See Remarks
Yes

Lot Features

Secluded
Yes
Sloped
Yes
Wooded
Yes

Parking Features

Paved
Yes
Private
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes

Roof

Composition
Yes

Sewer

Septic Tank
Yes

Skirt

Block
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Private
Yes
Well
Yes

Window Features

Double Pane Windows
Yes

Showing Requirements

See Remarks
Yes
Listing Office: eXp Realty, LLC 7720
Last Updated: October - 01 - 2024
Information deemed reliable but not guaranteed.