1650 Little Cove Road, Sevierville, TN 37862

$1,250,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 4,120 Lot Size (sq. ft.): 556,697 Status: Closed
Current Price: $1,250,000 List Date: 7/28/2021 Last Modified: 8/29/2024

Description

NOW REDUCED! Presenting a one-of-a-kind beautiful investment property with 12.78 acres for privacy or development potential, complete with gorgeous mountain and countryside views! The Estate at Little Cove is located on a connector road between Pigeon Forge and Wears Valley, both prime areas for Smoky Mountain vacation rentals. The gross income is forecast to hit $150,000 by end of 2021! This outstanding property has had many updates in the past year, including one new 2.5-ton HVAC unit, new thermostat, reworked duct-work for efficiency, all new interior paint, most furniture new throughout, new dishwasher coming soon, range/oven is new, new light fixtures, fresh modern decor with a mountain flair, freshly painted entrance and retaining walls, and more! As you drive up the circle driveway you will notice the extremely large parking area, a detached garage and an RV garage which has been converted to a swim spa facility in front with bonus space in the rear. Also near the parking is the fire pit and outside grilling or dining pavilion. This covered space can be the perfect site for small weddings, for family gatherings, or other events. Sit a while in the gazebo, on the front porch, or soak in the hot tub, and in each spot take in some of the loveliest and most peaceful views in the Smokies area. Inside on the main floor in the center of the home is a large open kitchen/dining area. The kitchen is fully stocked, and then some, for large-group entertaining and enjoyment. Granite countertops, tons of cabinet space and bar seating make gathering to prepare and enjoy meals a breeze. Through the dining area bay window you can soak up the beauty of the valley and mountains while you eat! Then move to the living area for TV or conversation, or enjoy some friendly competition playing games in the nearby recreation sunroom. And don't forget one of the biggest attractions of this property...the blacklight mini-golf game in the heated and cooled converted garage! You won't find THAT in most rentals! Off the golf room is the large laundry room with full-size washer and dryer. The bedrooms and bonus rooms are plentiful. Downstairs are a king master suite with walk-in closet and extra-large bath with whirlpool tub, step-in shower, and separate vanities. There are also a queen bedroom with a bay window, and a bedroom with 2 trundle bunks! Off the kitchen is a full bath and another king master from which you can walk out to the gazebo area in front. Then upstairs you will discover the 3 bonus rooms. One is being used as another king master with walk-in closet, another as a king bedroom connected by a Jack-and-Jill bathroom to the hallway, and around the corner a queen bedroom with a walk-in closet. There are 4 sleeper sofas in the home and all bedrooms have TVs, as well. All the floors are stylish bamboo and tile with charming rugs for added comfort, and the central vac system will make keeping them clean super easy! Another upscale touch: all five bathrooms have solid-surface countertops. Remember, in this location you are literally minutes from the Parkway in Pigeon Forge, and a short drive to Dollywood, Gatlinburg, and the Wears Valley entrance to the National Park. If a rental property is not what you are looking for, this estate can be a private primary or second home once again, with an attached garage and RV garage in addition to the detached garage. This moneymaker in a quiet spot could be just what you have been waiting for. Call for a showing today! Drone shots were used in this listing.

More Information MLS# 244154

Location, Tax, and Legal

Restrictive Covenants YN: No Zoning: R-2 Zoning Entity: Sevier County Tax Lot: 0 Book/Page/Doc #: 5610, 805 Tax Annual Amount: 2620.28 Tax Year: 2019

Contract Information

Owner Name: KMCM Holdings LLC Listing Agreement: Exclusive Right To Sell Occupancy: Either Association YN: No Current Price: $1,250,000 Original List Price: 1349000 Sold Price: $1,250,000 Status: Closed Listing Contract Date: 2021-07-28

General Property Information

Lot Size Acres: 12.78 Above Grade Finished Area: 4120 Below Grade Finished Area: 0 Below Grade Unfinished Area: 0 Garage YN: Yes Bathrooms Half: 0 Attached Garage YN: Yes Garage Spaces: 2 Bonus Room YN: Yes Number of Bonus Rooms: 3 Furnished: Furnished Accessory Dwelling Unit YN: No Sign On Property YN: Yes Home Warranty YN: Yes Construction Type: Site Built View YN: Yes List Price/SqFt: 315.29 Sold Price/SqFt: 303.4 Living Area: 4120 Bedrooms Total: 4 Bathrooms Total: 5 Bathrooms Full: 5 Year Built: 2005

Remarks and Miscellaneous

Public Remarks: NOW REDUCED! Presenting a one-of-a-kind beautiful investment property with 12.78 acres for privacy or development potential, complete with gorgeous mountain and countryside views! The Estate at Little Cove is located on a connector road between Pigeon Forge and Wears Valley, both prime areas for Smoky Mountain vacation rentals. The gross income is forecast to hit $150,000 by end of 2021! This outstanding property has had many updates in the past year, including one new 2.5-ton HVAC unit, new thermostat, reworked duct-work for efficiency, all new interior paint, most furniture new throughout, new dishwasher coming soon, range/oven is new, new light fixtures, fresh modern decor with a mountain flair, freshly painted entrance and retaining walls, and more! As you drive up the circle driveway you will notice the extremely large parking area, a detached garage and an RV garage which has been converted to a swim spa facility in front with bonus space in the rear. Also near the parking is the fire pit and outside grilling or dining pavilion. This covered space can be the perfect site for small weddings, for family gatherings, or other events. Sit a while in the gazebo, on the front porch, or soak in the hot tub, and in each spot take in some of the loveliest and most peaceful views in the Smokies area. Inside on the main floor in the center of the home is a large open kitchen/dining area. The kitchen is fully stocked, and then some, for large-group entertaining and enjoyment. Granite countertops, tons of cabinet space and bar seating make gathering to prepare and enjoy meals a breeze. Through the dining area bay window you can soak up the beauty of the valley and mountains while you eat! Then move to the living area for TV or conversation, or enjoy some friendly competition playing games in the nearby recreation sunroom. And don't forget one of the biggest attractions of this property...the blacklight mini-golf game in the heated and cooled converted garage! You won't find THAT in most rentals! Off the golf room is the large laundry room with full-size washer and dryer. The bedrooms and bonus rooms are plentiful. Downstairs are a king master suite with walk-in closet and extra-large bath with whirlpool tub, step-in shower, and separate vanities. There are also a queen bedroom with a bay window, and a bedroom with 2 trundle bunks! Off the kitchen is a full bath and another king master from which you can walk out to the gazebo area in front. Then upstairs you will discover the 3 bonus rooms. One is being used as another king master with walk-in closet, another as a king bedroom connected by a Jack-and-Jill bathroom to the hallway, and around the corner a queen bedroom with a walk-in closet. There are 4 sleeper sofas in the home and all bedrooms have TVs, as well. All the floors are stylish bamboo and tile with charming rugs for added comfort, and the central vac system will make keeping them clean super easy! Another upscale touch: all five bathrooms have solid-surface countertops. Remember, in this location you are literally minutes from the Parkway in Pigeon Forge, and a short drive to Dollywood, Gatlinburg, and the Wears Valley entrance to the National Park. If a rental property is not what you are looking for, this estate can be a private primary or second home once again, with an attached garage and RV garage in addition to the detached garage. This moneymaker in a quiet spot could be just what you have been waiting for. Call for a showing today! Drone shots were used in this listing. Directions: At Traffic light #10 in Pigeon Forge (all lights are numbered), turn onto Conner Heights Rd. at J & B Market and gas station. Stay straight for 4.7 miles (Conner Heights becomes Mill Creek which eventually becomes Little Cove Rd.). House will be on the right...you will see a white painted wall with the house name, "The Estate at Little Cove" on it and two entrance/exits on each side of the wall (See photos).

Status Change Information

Status Change Timestamp: 2021-10-25 Buyer Financing: Conventional Anticipated Closing Date: 2021-10-22 Major Change Timestamp: 2021-10-25T16:53:43Z Major Change Type: Status Change Price Change Timestamp: 2021-08-27T17:49:58Z Purchase Contract Date: 2021-09-07 Close Date: 2021-10-25 Close Price: 1250000

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Range Hood: 1 Refrigerator: 1 Self Cleaning Oven: 1 Washer: 1

Architectural Style

Contemporary: 1 Country: 1

Attic Features

Pull-Down Stairs: 1

Basement

None: 1

Construction Materials

Frame: 1 Vinyl Siding: 1

Cooling

Central Air: 1 Electric: 1 Heat Pump: 1

Exterior Features

Rain Gutters: 1

Fireplace Features

Fireplaces Total: 1 Blower Fan: 1 Electric: 1

Flooring

Wood: 1

Foundation Details

Slab: 1

Heating

Central: 1 Electric: 1 Heat Pump: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 Central Vacuum: 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

One and One Half: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Private: 1 Wooded: 1

Other Equipment

Satellite Dish Leased: 1

Other Structures

Outbuilding: 1

Parking Features

Driveway: 1 Paved: 1 RV Access/Parking: 1

Patio And Porch Features

Patio: 1

Pool Features

Private: 1

Possession

Close Of Escrow: 1 Other: 1

Rental

Off Site: 1 Rental History: 1

Road Frontage Type

County Road: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Security System: 1 Smoke Detector(s): 1

Sewer

Septic Tank: 1 Septic Permit On File: 1

View

Mountain(s): 1

Water Source

Public: 1

Window Features

Double Pane Windows: 1 Window Treatments: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Lockbox: 1 Restricted Hours: 1 Showing Instructions: For showings, call Shawn Somerfield at 865-640-7100. Property can be shown during turnarounds on July 31st and August 4th. Next checkout is August 10th. Photo tour with commentary can be found here and in virtual tour link above: https://youtu.be/iMYX8xKeiwo. Seller is offering a one-year premium home warranty that includes upgraded septic coverage. Zoning for this property is R-2M (medium density) per Sevier County Planing. Items that do not convey: contents of detached garage, personal items in owner's closet, and items belonging to the rental company, including all sheets, towels, kitchen linens, and electronic door locks. Call agent for rental information. **As with all real estate transactions, Buyers should do their own due diligence and verify all information independently. Square footage is approximate and is based on tax records. Purchase title insurance, and any other inspections available.** See Remarks: 1

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Location Tax and Legal

Street Number: 1650 Street Name: Little Cove Street Suffix: Road County: Sevier State: TN Zip Code: 37862 Property Sub Type: Single Family Residence MLS Area Major: Wears Valley Subdivision Name: Other

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Contemporary; Country Attic Features: Pull-Down Stairs Basement: None Construction Materials: Frame; Vinyl Siding Cooling: Central Air; Electric; Heat Pump Exterior Features: Rain Gutters Fireplace Features: Blower Fan; Electric Flooring: Wood Foundation Details: Slab Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Central Vacuum; Great Room; High Speed Internet; Solid Surface Counters; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: One and One Half Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Private; Wooded Other Equipment: Satellite Dish Leased Other Structures: Outbuilding Parking Features: Driveway; Paved; RV Access/Parking Patio And Porch Features: Patio Pool Features: Private Possession: Close Of Escrow; Other Rental: Off Site; Rental History Road Frontage Type: County Road Road Surface Type: Paved Roof: Composition Security Features: Security System; Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File View: Mountain(s) Water Source: Public Window Features: Double Pane Windows; Window Treatments Showing Requirements: Appointment Only; Call Listing Agent; Lockbox; Restricted Hours; See Remarks
Listing Office: Mountain Realty Group
Last Updated: August - 29 - 2024
Information deemed reliable but not guaranteed.