2020 Bear Creek Way, Sevierville, TN 37862 (MLS# 251457)

2020 Bear Creek Way, Sevierville, TN 37862

$960,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,232 Status: Closed
Current Price: $960,000 List Date: 6/25/2022 Last Modified: 8/31/2024

Overview

Description

Back on the market after financing fell through, this strong performing vacation rental grossed $133K in 2021 and in June-Dec. 2020 grossed $78K. Unbeatable location 7 minutes to Parkway, 15 minutes to Dollywood, 30 minutes to Greater Smoky Mountain National Park, and 40 minutes to Knoxville airport. It's a smooth, easy drive with paved roads up to the cabin - no steep, winding, or narrow roads! Located in Covered Bridge Resort, the HOA offers a community pool walking distance from the cabin. This fully furnished cabin comfortably sleeps 14 in 4 king bedrooms, 1 queen bedroom, and two queen sleeper sofas. Other amenities include an updated 7-person hot tub, new Roku TVs in every room, Air Hockey table, multigame arcade console, and a jacuzzi bath in the owner's bedroom. Enjoy peaceful wooded views from two levels of covered decks with plenty of seating and a propane grill. Just outside city limits of Pigeon Forge, yet still on city water and sewer, which means no sulfuric well water or ...

Listing Details MLS# 251457

General Property Information

Living Area
2232
Above Grade Finished Area
1368
Below Grade Finished Area
864
Bedrooms Total
5
Bathrooms Total
4
Bathrooms Full
4
Garage YN
No
Year Built
2004
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
List Price/SqFt
436.83
Sold Price/SqFt
430.11
Lot Size Acres
0
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Microwave; Refrigerator; Self Cleaning Oven; Washer; Water Purifier Architectural Style: Cabin Association Amenities: Pool Association Fee Includes: Maintenance Grounds; Roads Attic Features: None Basement: Crawl Space; Finished; Walk-Out Access Construction Materials: Log Cooling: Central Air; Electric Fireplace Features: Electric Flooring: Wood Heating: Central Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); High Speed Internet; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Wooded Parking Features: Driveway; Paved Patio And Porch Features: Covered; Deck Pool Features: Hot Tub Possession: Close Of Escrow Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Public Sewer Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; See Remarks Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Game Room; Kitchen; Living Room; Other; Primary Bedroom

Location Tax and Legal

Street Number
2020
Street Name
Bear Creek
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Sevierville
Subdivision Name
Covered Bridge Resort

Contract Information

Original List Price
975000
Listing Contract Date
2022-06-25
Owner Name
Gary, Connie, & Eli Poenecker
Listing Agreement
Exclusive Right To Sell
Occupancy
Overnight Only
Common Interest
Planned Development
Rental History Gross Amount 1
133087
Rental History Year 1
2021
Association YN
Yes
Association Fee
460
Association Fee Frequency
Quarterly
Association Name
Wise Property Solutions
Association Email
services@wisepropertysolutions.com
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Back on the market after financing fell through, this strong performing vacation rental grossed $133K in 2021 and in June-Dec. 2020 grossed $78K. Unbeatable location 7 minutes to Parkway, 15 minutes to Dollywood, 30 minutes to Greater Smoky Mountain National Park, and 40 minutes to Knoxville airport. It's a smooth, easy drive with paved roads up to the cabin - no steep, winding, or narrow roads! Located in Covered Bridge Resort, the HOA offers a community pool walking distance from the cabin. This fully furnished cabin comfortably sleeps 14 in 4 king bedrooms, 1 queen bedroom, and two queen sleeper sofas. Other amenities include an updated 7-person hot tub, new Roku TVs in every room, Air Hockey table, multigame arcade console, and a jacuzzi bath in the owner's bedroom. Enjoy peaceful wooded views from two levels of covered decks with plenty of seating and a propane grill. Just outside city limits of Pigeon Forge, yet still on city water and sewer, which means no sulfuric well water or septic issues here!
Directions
Heading South on the Parkway, turn right onto Wears Valley Road, then in 2.8 miles turn right onto Waldens Creek Road. After .5 miles turn left onto Old Valley Road, then left onto Mountain Lodge Way in .2 miles. This will be the entrance into Covered Bridge Resort. Take the first left in the resort onto Mountain Lodge Way, then take a right onto Bear Creek Way in .2 Miles. The cabin will be on the right. GPS will take you directly to the property.

Status Change Information

Major Change Timestamp
2022-10-04T17:19:06Z
Major Change Type
Status Change
Status Change Timestamp
2022-10-04
Purchase Contract Date
2022-08-25
Close Date
2022-10-04
Close Price
960000
Buyer Financing
Other
Anticipated Closing Date
2022-09-26

More Information

Fireplace Features

Fireplaces Total
2
Electric
Yes

Showing Requirements

Showing Instructions
Property is an active overnight rental. To schedule showing appointments, contact listing agent at (806) 335-6020. Please provide pre-qualification letter or proof of funds with offers.
Appointment Only
Yes
Call Listing Agent
Yes
See Remarks
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Room Types

Bedroom 2 Level
Yes
Bedroom 3 Level
Yes
Bedroom 4 Level
B
Dining Room Level
Yes
Game Room Level
B
Kitchen Level
Yes
Living Room Level
Yes
Other Level
B
Primary Bedroom Level
2
Bedroom 2
Yes
Bedroom 3
Yes
Bedroom 4
Yes
Dining Room
Yes
Game Room
Yes
Kitchen
Yes
Living Room
Yes
Other
Yes
Primary Bedroom
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-2
Zoning Entity
Sevier County
Tax Lot
54
Book/Page/Doc #
LM-5, 105
Tax Annual Amount
2112.03
Tax Year
2021

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Cooktop
Yes
Microwave
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes
Water Purifier
Yes

Architectural Style

Cabin
Yes

Association Amenities

Pool
Yes

Association Fee Includes

Maintenance Grounds
Yes
Roads
Yes

Attic Features

None
Yes

Basement

Crawl Space
Yes
Finished
Yes
Walk-Out Access
Yes

Construction Materials

Log
Yes

Cooling

Central Air
Yes
Electric
Yes

Flooring

Wood
Yes

Heating

Central
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
High Speed Internet
Yes
Solid Surface Counters
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Wooded
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

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Room Information

Room Name Level Remarks
Primary Bedroom Second
Bedroom 2 First
Bedroom 3 First
Bedroom 4 Basement
Kitchen First
Dining Room First
Living Room First
Game Room Basement
Other Basement Bedroom 5
Primary Bedroom Second
Bedroom 2 First
Bedroom 3 First
Bedroom 4 Basement
Kitchen First
Dining Room First
Living Room First
Game Room Basement
Other Basement
Listing Office: Keller Williams Realty Nashville/Franklin
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.
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