1539 Majestic Mountain Drive, Sevierville, TN 37876 (MLS# 251389)

1539 Majestic Mountain Drive, Sevierville, TN 37876

$1,049,000

Virtual Tour

http://tour.usamls.net/1539-Majestic-Mountain-Dr-Sevierville-TN-37876/unbranded

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,389 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $1,049,000 List Date: 6/23/2022 Last Modified: 9/02/2024

Overview

Description

"Love View Too" presents an incredible opportunity to purchase a recently built rental cabin with breathtaking views. Sitting on a premier one-acre lot, Love View Too is convenient to both Pigeon Forge and Gatlinburg with easy backroad access as well. The views are second to none with a straight on view of Mount LeConte and private panoramic views deep into the Smokies. You can even see the Dollywood fireworks at night in season along with hearing the distant whistle of the Dollywood train! The rental income is excellent with revenue at $121,503 from July 2021 to June 2022 (not including taxes or cleaning fees) and $116,212 for the 12 months prior to that. 2021 Schedule E total rental was $132,729. The attention to detail is significant and many things are added above and beyond the typical rental cabin in our area, including a separate lower tiered seating deck area with fire pit to take in the spectacular views. The privacy looking directly out the back from its three floors and dec ... (Read more) "Love View Too" presents an incredible opportunity to purchase a recently built rental cabin with breathtaking views. Sitting on a premier one-acre lot, Love View Too is convenient to both Pigeon Forge and Gatlinburg with easy backroad access as well. The views are second to none with a straight on view of Mount LeConte and private panoramic views deep into the Smokies. You can even see the Dollywood fireworks at night in season along with hearing the distant whistle of the Dollywood train! The rental income is excellent with revenue at $121,503 from July 2021 to June 2022 (not including taxes or cleaning fees) and $116,212 for the 12 months prior to that. 2021 Schedule E total rental was $132,729. The attention to detail is significant and many things are added above and beyond the typical rental cabin in our area, including a separate lower tiered seating deck area with fire pit to take in the spectacular views. The privacy looking directly out the back from its three floors and decks, hot tub and fire pit is extremely rare in our area with very few cabins in sight and a direct view to the mountains in the Smoky Mountain National Park. The private theater room provides tiered seating for 9. The game room also doesn't disappoint with a pool table, air hockey, Multicade arcade with many classic games and a foosball coffee table. Love View Too has enough room for multiple families with three distinct sleeping areas (two king beds and a set of queen bunk beds) and three full bathrooms. A queen sleeper sofa and a futon are other sleeping options to sleep up to 12 guests. Love View Too has been meticulously maintained with new king mattresses, hot tub, and dishwasher in 2022 as well as restaining of the entire cabin exterior and decks in May 2022. This cabin checks all of the boxes for a productive cabin investment in our area including the rare combination of an absolutely breathtaking mountain view, privacy and large lot size, no HOA fees, recent (2018) high end quality construction, and an outstanding rental performer with a perfect 5 stars from 134 Vrbo guest reviews (reviews can be transferred to the new owner's Vrbo account making it a rental machine from day one of ownership).

Listing Details MLS# 251389

General Property Information

Lot Size Acres: Yes
Living Area: 2389
Above Grade Finished Area: 1491
Below Grade Finished Area: 898
Bedrooms Total: 2
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 2018
Bonus Room YN: No
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Furnished: Furnished
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 439.47
Sold Price/SqFt: 439.1
Below Grade Unfinished Area: 0
Bathrooms Half: 0
Garage Spaces: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Log Basement: Basement; Finished Construction Materials: Frame; Log Siding Cooling: Central Air; Heat Pump Fireplace Features: Electric Flooring: Wood Heating: Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Private Parking Features: Driveway; Paved Patio And Porch Features: Covered; Deck Pool Features: Hot Tub Possession: Close Of Escrow Rental: Rental History Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Septic Tank View: Mountain(s) Water Source: Private Window Features: Window Treatments Showing Requirements: See Remarks

Location Tax and Legal

Street Number: 1539
Street Name: Majestic Mountain
Street Suffix: Drive
County: Sevier
State: TN
Zip Code: 37876
Property Sub Type: Single Family Residence
MLS Area Major: Sevierville
Subdivision Name: Majestic Mountains

Contract Information

Original List Price: 1049900
Listing Contract Date: 2022-06-23
Owner Name: Koeberlein Michael & Melinda
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Rental History Gross Amount 1: 121503
Rental History Year 1: 2021
Rental History Gross Amount 2: 116212
Rental History Year 2: 2020
Association YN: No

Remarks and Miscellaneous

Public Remarks: "Love View Too" presents an incredible opportunity to purchase a recently built rental cabin with breathtaking views. Sitting on a premier one-acre lot, Love View Too is convenient to both Pigeon Forge and Gatlinburg with easy backroad access as well. The views are second to none with a straight on view of Mount LeConte and private panoramic views deep into the Smokies. You can even see the Dollywood fireworks at night in season along with hearing the distant whistle of the Dollywood train! The rental income is excellent with revenue at $121,503 from July 2021 to June 2022 (not including taxes or cleaning fees) and $116,212 for the 12 months prior to that. 2021 Schedule E total rental was $132,729. The attention to detail is significant and many things are added above and beyond the typical rental cabin in our area, including a separate lower tiered seating deck area with fire pit to take in the spectacular views. The privacy looking directly out the back from its three floors and decks, hot tub and fire pit is extremely rare in our area with very few cabins in sight and a direct view to the mountains in the Smoky Mountain National Park. The private theater room provides tiered seating for 9. The game room also doesn't disappoint with a pool table, air hockey, Multicade arcade with many classic games and a foosball coffee table. Love View Too has enough room for multiple families with three distinct sleeping areas (two king beds and a set of queen bunk beds) and three full bathrooms. A queen sleeper sofa and a futon are other sleeping options to sleep up to 12 guests. Love View Too has been meticulously maintained with new king mattresses, hot tub, and dishwasher in 2022 as well as restaining of the entire cabin exterior and decks in May 2022. This cabin checks all of the boxes for a productive cabin investment in our area including the rare combination of an absolutely breathtaking mountain view, privacy and large lot size, no HOA fees, recent (2018) high end quality construction, and an outstanding rental performer with a perfect 5 stars from 134 Vrbo guest reviews (reviews can be transferred to the new owner's Vrbo account making it a rental machine from day one of ownership).
Directions: From Pigeon Forge turn at light #8 onto Dollywood Ln. Turn right onto Upper Middle Creek Rd. Go 1.9 miles to left onto Walker Trail. Go 1 mile to straight on Back Home Way. Turn left onto Starr Crest Dr. Turn left onto Mountain Majestic Dr. Cabin is on left.

Status Change Information

Major Change Timestamp: 2022-08-05T17:18:51Z
Major Change Type: Status Change
Status Change Timestamp: 2022-08-05
Purchase Contract Date: 2022-06-26
Close Date: 2022-08-05
Close Price: 1049000
Buyer Financing: Conventional
Anticipated Closing Date: 2022-08-03

More Information

Showing Requirements

Showing Instructions: To show text Gina 8652577105 or call list office. Seller request buyer honor current reservations through Oct 30, 2022. Information taken from tax records buyer should verify all information independently. Please send offers to Darlene info@homesinthesmokymtns.com once under contract please coordinate inspections etc... with Michaellien closings@homesinthesmokymtns.com
See Remarks: Yes

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Location, Tax, and Legal

Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Tax Lot: 10
Book/Page/Doc #: 4032, 66
Tax Annual Amount: 2128.24
Tax Year: 2021

Appliances

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

Architectural Style

Cabin: Yes
Log: Yes

Basement

Basement: Yes
Finished: Yes

Construction Materials

Frame: Yes
Log Siding: Yes

Cooling

Central Air: Yes
Heat Pump: Yes

Fireplace Features

Electric: Yes

Flooring

Wood: Yes

Heating

Electric: Yes
Heat Pump: Yes

Interior Features

Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Great Room: Yes
High Speed Internet: Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Three Or More: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Lot Features

Private: Yes

Parking Features

Driveway: Yes
Paved: Yes

Patio And Porch Features

Covered: Yes
Deck: Yes

Pool Features

Hot Tub: Yes

Possession

Close Of Escrow: Yes

Rental

Rental History: Yes

Road Surface Type

Paved: Yes

Roof

Metal: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Septic Tank: Yes

View

Mountain(s): Yes

Water Source

Private: Yes

Window Features

Window Treatments: Yes

Listing Office: Smoky Mountain Real Estate Cor

Last Updated: September - 02 - 2024

Information deemed reliable but not guaranteed.

Geoff Hill, Realtor Lic. No. 322967 Prime Mountain Properties, Lic. No. 259072

1539 Majestic Mountain Drive, Sevierville, TN 37876 (MLS# 251389)