1508 Chipmunk Way, Sevierville, TN 37862
$1,250,000
Property Type:
Residential
Bedrooms:
8
Baths:
7
Square Footage:
3,726
Status:
Closed
Current Price:
$1,250,000
List Date:
9/26/2022
Last Modified:
9/02/2024
Description
GROSS RENTAL INCOME of $165,023.47 in 2022. This 8 BEDROOM 7 BATH CABIN SLEEPS 25. IDEAL LOCATION FOR LARGE GROUP RENTALS - cabin is located in beautiful Hidden Springs resort located next to Dollywood and Splash Country, minutes from Rocky Top Mountain Coaster, and downtown Pigeon Forge. Resort offers an INDOOR POOL. When you walk into the cabin, you are greeted with by a kitchen on your left and a HUGE open living space with gleaming hardwood floors throughout, cozy stone fireplace, 2 LARGE DINING TABLES, and spacious living room. Cabin offers 2 GAME ROOMS. Recreation room on middle level features a huge game room with pool table, air-hockey table, foosball table and flat screen TV. Game room on third level offers another pool table, card table and a flat screen tv. 3 huge back decks to relax in the rocking chairs or soak in 2 hot tubs while taking in the wooded view. 6 KING SIZE BEDROOMS, 1 SPACIOUS BEDROOM WITH 2 QUEEN SIZE BEDS, 1 SPACIOUS BEDROOM WITH BUNK BEDS. AMPLE LEVEL PARKING, NO CRAZY MOUNTAIN ROADS TO GET TO CABIN, LEVEL PARKING. Community water and sewer systems.
More Information MLS# 254082
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Tax Lot: 688
Book/Page/Doc #: 5042, 259
Tax Annual Amount: 3054
Tax Year: 2021
Contract Information
Association Type: Mandatory
Owner Name: Walter Fay
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Common Interest: Planned Development
Rental History Gross Amount 1: 161537
Rental History Year 1: 2021
Rental History Gross Amount 2: 165023.47
Rental History Year 2: 2022
Association YN: Yes
Association Fee: 472
Association Fee Frequency: Quarterly
Association Name: Metropolitan Property Management
Association Email: na
Current Price: $1,250,000
Original List Price: 1429900
Sold Price: $1,250,000
Status: Closed
Listing Contract Date: 2022-09-26
General Property Information
Lot Size Acres: 0
Above Grade Finished Area: 3726
Below Grade Finished Area: 0
Below Grade Unfinished Area: 0
Garage YN: No
Bathrooms Half: 0
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: 383.76
Sold Price/SqFt: 335.48
Living Area: 3726
Bedrooms Total: 8
Bathrooms Total: 7
Bathrooms Full: 7
Year Built: 2005
Remarks and Miscellaneous
Public Remarks: GROSS RENTAL INCOME of $165,023.47 in 2022. This 8 BEDROOM 7 BATH CABIN SLEEPS 25. IDEAL LOCATION FOR LARGE GROUP RENTALS - cabin is located in beautiful Hidden Springs resort located next to Dollywood and Splash Country, minutes from Rocky Top Mountain Coaster, and downtown Pigeon Forge. Resort offers an INDOOR POOL. When you walk into the cabin, you are greeted with by a kitchen on your left and a HUGE open living space with gleaming hardwood floors throughout, cozy stone fireplace, 2 LARGE DINING TABLES, and spacious living room. Cabin offers 2 GAME ROOMS. Recreation room on middle level features a huge game room with pool table, air-hockey table, foosball table and flat screen TV. Game room on third level offers another pool table, card table and a flat screen tv. 3 huge back decks to relax in the rocking chairs or soak in 2 hot tubs while taking in the wooded view. 6 KING SIZE BEDROOMS, 1 SPACIOUS BEDROOM WITH 2 QUEEN SIZE BEDS, 1 SPACIOUS BEDROOM WITH BUNK BEDS. AMPLE LEVEL PARKING, NO CRAZY MOUNTAIN ROADS TO GET TO CABIN, LEVEL PARKING. Community water and sewer systems.
Directions: FROM Dolly Parton Pkwy: Turn RIGHT onto Middle Creek Rd and continue for 0.4 MI. Turn RIGHT onto TN-449/Veterans Blvd. In 3.9 MI. Continue on McCarter Hollow Rd. Continue onto Newcomb Hollow Rd. In 0.6 MI Continue onto Bears Den Way/Eagles Reach Wy. Continue to follow Bears Den Way. In 0.2 MI Turn LEFT onto Kissing Way In 0.3 MI Turn LEFT onto Chipmunk Way. Cabin will be on the LEFT.
Status Change Information
Status Change Timestamp: 2023-05-03
Buyer Financing: Other
Anticipated Closing Date: 2023-05-15
Major Change Timestamp: 2023-05-03T17:25:41Z
Major Change Type: Status Change
Purchase Contract Date: 2023-04-15
Close Date: 2023-05-03
Close Price: 1250000
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Log: 1
Association Amenities
Pool: 1
Association Fee Includes
Roads: 1
Basement
Crawl Space: 1
None: 1
Construction Materials
Log Siding: 1
Cooling
Electric: 1
Exterior Features
Rain Gutters: 1
Fireplace Features
Electric: 1
Flooring
Wood: 1
Heating
Heat Pump: 1
Interior Features
Ceiling Fan(s): 1
Elevator: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Private: 1
Patio And Porch Features
Deck: 1
Pool Features
Hot Tub: 1
Possession
Close Of Escrow: 1
Other: 1
Road Frontage Type
County Road: 1
Roof
Composition: 1
Sewer
Shared Septic: 1
View
Mountain(s): 1
Water Source
Private: 1
Showing Requirements
Appointment Only: 1
Showing Instructions: FOR SHOWINGS, Please TEXT Haley 865-712-0500. Items that will not remain with the property: * Contents of owners' closets, Linens (sheets, towels, bedspreads), TV/internet providers equipment. Information is deemed reliable, but not guaranteed. Buyers should verify all information independently.
See Remarks: 1
Location Tax and Legal
Street Number: 1508
Street Name: Chipmunk
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Sevierville
Subdivision Name: Hidden Springs Resort
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style: Cabin; Log
Association Amenities: Pool
Association Fee Includes: Roads
Basement: Crawl Space; None
Construction Materials: Log Siding
Cooling: Electric
Exterior Features: Rain Gutters
Fireplace Features: Electric
Flooring: Wood
Heating: Heat Pump
Interior Features: Ceiling Fan(s); Elevator
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Three Or More
Listing Terms: Cash; Conventional
Lot Features: Private
Patio And Porch Features: Deck
Pool Features: Hot Tub
Possession: Close Of Escrow; Other
Road Frontage Type: County Road
Roof: Composition
Sewer: Shared Septic
View: Mountain(s)
Water Source: Private
Showing Requirements: Appointment Only; See Remarks
Listing Office:
Century 21 MVP
Last Updated: September - 02 - 2024
Information deemed reliable but not guaranteed.