1761 Mountain Shadows Way 46, Gatlinburg, TN 37738

$878,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,125 Lot Size (sq. ft.): 1,307 Status: Closed
Current Price: $878,000 List Date: 7/03/2024 Last Modified: 8/28/2024

Overview

Description

SPECTACULAR VIEWS OF THE GREAT SMOKY MOUNTAINS! Proven successful STR with revenues of $106,530 (2023), $109,585 (2022) gross. 2024 with completed and reserved bookings gross of $82,057 as of 7/1/2024. ALL FROM ONE PLATFORM! See the 121 5-star guest reviews at at https://www.vrbo.com/2378678 --3 Story Luxury Log Cabin STUNNING MTN VIEWS 5 Minutes to Downtown GATLINBURG - Gatlinburg | Vrbo. Owner does no marketing outside of Vrbo. Sought after 3 story cabin ensuring privacy among the guests with a king master/ensuite on each floor. This beautiful cabin has been completely remodeled with upgrades including: LVP flooring, upper end granite in kitchen and bathrooms, lighting fixtures, new sofas, 5 ROKU TV's, custom kitchen painted cabinetry, stainless steel appliances, kitchen bar seating 4, new outdoor furniture, Large capacity washer/dryer, custom shelving in owners closet, new AC/Heater, PEX plumbing. See attached document for full list of upgrades. Quality furnishings and decoration ...

Listing Details MLS# 301885

General Property Information

Stories Total
3
Lot Size Acres
0.03
Living Area
2125
Living Area Source
Public Records
Above Grade Finished Area
1225
Below Grade Finished Area
900
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Garage YN
No
Attached Garage YN
No
Fireplace YN
Yes
Year Built
2003
Bonus Room YN
No
Sign On Property YN
No
Furnished
Furnished
Property Attached YN
No
Construction Type
Site Built
Horse YN
No
Planned Unit Development (PUD)
Yes
View YN
Yes
Waterfront YN
No
Accessibility Features YN
No
List Price/SqFt
437.6
Sold Price/SqFt
413.18
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Microwave Range Hood Combo; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin Association Amenities: Picnic Area; Pool; Other Association Fee Includes: Insurance; Maintenance Grounds Attic Features: None Basement: Crawl Space; Finished Community Features: Playground; Pool Construction Materials: Log Cooling: Central Air Current Financing: Conventional; FHA; VA Current Use: Investment; Single Family; Subdivision Documents: TN Prop Residential Condition Disc or Ex Documents Available: Aerial Photo; Covenants; Property Disclosure Door Features: French Doors Electric: 200+ Amp Service Exterior Features: Gas Grill; Lighting; Rain Gutters; Storage Fireplace Features: Gas Log Flooring: Carpet; Ceramic Tile; Hardwood; Luxury Vinyl; Wood Heating: Electric; Forced Air Interior Features: Breakfast Bar; Cathedral Ceiling(s); Ceiling Fan(s); Granite Counters; Great Room; High Speed Internet; Living/Dining Combo; Walk-In Shower(s); Other Laundry Features: Inside; Laundry Closet Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Lock Box Information: See Remarks Lot Features: Sloped Down; Views; Wooded Other Structures: None Patio And Porch Features: Covered; Deck; Porch Pool Features: Community; Hot Tub Possession: Close Of Escrow Property Condition: Updated/Remodeled Rental: Rental History; Self Managed Road Frontage Type: Road Road Surface Type: Paved Roof: Composition Sewer: Public Sewer Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; High Speed Internet Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Mountain(s) Water Source: Public Window Features: Blinds; Double Pane Windows; Drapes Showing Requirements: Appointment Only; Call Listing Agent; See Remarks

Location Tax and Legal

Street Number
1761
Street Name
Mountain Shadows
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Cabin
MLS Area Major
Gatlinburg
Subdivision Name
Other

Contract Information

Original List Price
929900
Sold Before Listed
No
Listing Contract Date
2024-07-03
Auction YN
No
Owner Name
Vollmer & Opelle
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Rental History Gross Amount 1
102230
Rental History Year 1
2023
Rental History Gross Amount 2
105865
Rental History Year 2
2022
Association YN
Yes
Association Fee
80
Association Fee Frequency
Monthly
Association Name
Mountain Shadows
Association Phone
865.361.0039
Association Email
Terryg@hoaaccountinginc.com
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
SPECTACULAR VIEWS OF THE GREAT SMOKY MOUNTAINS! Proven successful STR with revenues of $106,530 (2023), $109,585 (2022) gross. 2024 with completed and reserved bookings gross of $82,057 as of 7/1/2024. ALL FROM ONE PLATFORM! See the 121 5-star guest reviews at at https://www.vrbo.com/2378678 --3 Story Luxury Log Cabin STUNNING MTN VIEWS 5 Minutes to Downtown GATLINBURG - Gatlinburg | Vrbo. Owner does no marketing outside of Vrbo. Sought after 3 story cabin ensuring privacy among the guests with a king master/ensuite on each floor. This beautiful cabin has been completely remodeled with upgrades including: LVP flooring, upper end granite in kitchen and bathrooms, lighting fixtures, new sofas, 5 ROKU TV's, custom kitchen painted cabinetry, stainless steel appliances, kitchen bar seating 4, new outdoor furniture, Large capacity washer/dryer, custom shelving in owners closet, new AC/Heater, PEX plumbing. See attached document for full list of upgrades. Quality furnishings and decorations have been curated to make this short-term rental a success. All furnishings, linens, kitchenware, and most decorations convey saving new owner tens of thousands. 100% TURN-KEY RENTAL; hit the ground running with $46,352 in reserved bookings beginning July 6th, 2024. Location, Location, Location! In the quiet Mountain Shadows Resort, 5 minutes from downtown Gatlinburg without the traffic! 5 minutes from Rocky Top Sport Park. Superior location within the resort. Owner has dedicated account rep. with VRBO and will work with buyer to transfer reviews and reservations. Perfect cabin for STR, 2ND HOME, or permanent home. HOA is only $80/mo. This cabin is top-notch and one you don't want to miss! Buyer/buyer's agent to verify all info.
Directions
From Gatlinburg to Hwy 321N to left on Hidden Hills, left at Mountain Shadows Way. Follow up hill to 1761 on left.

Status Change Information

Major Change Timestamp
2024-08-12T19:14:31Z
Major Change Type
Status Change
Status Change Timestamp
2024-08-12
Purchase Contract Date
2024-07-08
Close Date
2024-08-07
Close Price
878000
Buyer Financing
Conventional
Concessions Comments
Appraisal came in low at 878000

More Information

Fireplace Features

Fireplaces Total
2
Gas Log
Yes

Main Room Levels

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Parking Features

Other Parking
Designated Parking

Showing Requirements

Showing Instructions
Dates avAccording to schedule of guests occupying.ailable between guests.
Appointment Only
Yes
Call Listing Agent
Yes
See Remarks
Yes

Location, Tax, and Legal

Unit Number
46
City/County
City
New Construction YN
No
Restrictive Covenants YN
Yes
Zoning
C-2
Zoning Entity
Gatlinburg
Parcel Number
117M E 002.00
Tax Lot
46
Tax Annual Amount
1506
Tax Year
2023
City Tax
180
County Tax
1326

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Electric Water Heater
Yes
Microwave
Yes
Microwave Range Hood Combo
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes

Architectural Style

Cabin
Yes

Association Amenities

Picnic Area
Yes
Pool
Yes
Other
Yes

Association Fee Includes

Insurance
Yes
Maintenance Grounds
Yes

Attic Features

None
Yes

Basement

Crawl Space
Yes
Finished
Yes

Community Features

Playground
Yes
Pool
Yes

Construction Materials

Log
Yes

Cooling

Central Air
Yes

Current Financing

Conventional
Yes
FHA
Yes
VA
Yes

Current Use

Investment
Yes
Single Family
Yes
Subdivision
Yes

Documents

TN Prop Residential Condition Disc or Ex
Yes

Documents Available

Aerial Photo
Yes
Covenants
Yes
Property Disclosure
Yes

Door Features

French Doors
Yes

Electric

200+ Amp Service
Yes

Exterior Features

Gas Grill
Yes
Lighting
Yes
Rain Gutters
Yes
Storage
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Hardwood
Yes
Luxury Vinyl
Yes
Wood
Yes

Heating

Electric
Yes
Forced Air
Yes

Interior Features

Breakfast Bar
Yes
Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Granite Counters
Yes
Great Room
Yes
High Speed Internet
Yes
Living/Dining Combo
Yes
Walk-In Shower(s)
Yes
Other
Yes

Laundry Features

Inside
Yes
Laundry Closet
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lock Box Information

See Remarks
Yes

Lot Features

Sloped Down
Yes
Views
Yes
Wooded
Yes

Other Structures

None
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Porch
Yes

Pool Features

Community
Yes
Hot Tub
Yes

Possession

Close Of Escrow
Yes

Property Condition

Updated/Remodeled
Yes

Rental

Rental History
Yes
Self Managed
Yes

Road Frontage Type

Road
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Cable Connected
Yes
Electricity Available
Yes
Electricity Connected
Yes
High Speed Internet Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

Mountain(s)
Yes

Water Source

Public
Yes

Window Features

Blinds
Yes
Double Pane Windows
Yes
Drapes
Yes
Listing Office: Prime Mountain Properties
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.