2118 Red Bud Road, Sevierville, TN 37876

$999,900
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,834 Lot Size (sq. ft.): 21,780 Status: Closed
Current Price: $999,900 List Date: 9/16/2024 Last Modified: 10/22/2024

Description

Custom-Built in 2022 and used principally as a 2nd home, ''Big Lazy Bear'' boasts just over 2800 sqft with 1100 sqft of deck & covered patio space that sprawls out on a half acre mostly level lot. Upon arriving at this property, you will quickly understand why it has earned and maintained yet again the coveted AirBnB Guest Favorite, Top 10% and VRBO 10/10 Exceptional property status in 2024. The 5-Star Reviews speak volumes! Despite ''Big Lazy Bear'' only being open to Guest 50% of the year, it managed to book 141 days and generate a gross revenue of slightly over $73,000 in 2023. Several local property managers specializing in short-term rentals conservatively estimate that if the cabin were available year-round, it could potentially generate a first-year gross income of $110,000. A well-rounded, classic Smoky Mountain Cabin is hard to beat! ''Big Lazy Bear'' has 3 Primary Suites & 3 ½ Baths. One King Suite on each level, offering maximum comfort and privacy. This makes ''Big Lazy Bear'' an ideal sanctuary for unwinding and connecting. Centrally located on a quite street in the well known cabin community of Sky Harbor, just minutes away from Downtown Gatlinburg, Dollywood, Pigeon Forge and The Great Smoky Mountain National Park. Additional Attributes Include... Smart Home Appliances, Fast High-Speed Internet, Paved Roads, Paved Parking 4 + Vehicles, Beautiful Seasonal Mountain Views, Open Concept Design, Vaulted Ceilings with Wall of Glass, Dual Purpose Bonus Loft, Massive Recreation Room, New Multi-cade, Pool Table, FoosballTable, Large 6+ Person Hot Tub, Fire Pit, Plenty of Rarely found Storage Space, Meticulously Maintained, Low HOA Dues, Self-Manage Allowed! If your goal is short-term rental (STR) investing, vacationing, or living in the Great Smoky Mountains, ''Big Lazy Bear'' is a Well-Equipped, Fully Furnished, Turnkey Property that has what it takes to not only stand out but also stand the test of time! Nestled in the serene beauty of one of America's most visited and beloved natural landscapes, this cabin will offer assurance of not only personal enjoyment but also an Excellent Opportunity for Substantial Profitability by implementing a Strategic STR Management Plan. Don't wait! Contact your Preferred Real Estate Agent and Arrange a Private Viewing Today! Drone Photography Used. SELF MANAGEMENT IS ALLOWED!

More Information MLS# 302987

Location, Tax, and Legal

New Construction YN: No Restrictive Covenants YN: Yes Zoning: R1 Zoning Entity: Sevier County Parcel Number: 107N A 002.00 Tax Lot: 1791 Tax Annual Amount: 4318.05 Tax Year: 2023 County Tax: 4318.05

Contract Information

Association Type: Mandatory Auction YN: No Owner Name: Jovande & Melissa Fletcher Listing Agreement: Exclusive Right To Sell Occupancy: Either Association YN: Yes Association Fee: 26 Association Fee Frequency: Monthly Association Name: Sky Harbor POA Association Phone: 8668742389 Association Email: info@skyharborpoa.org Current Price: $999,900 Original List Price: 999900 Sold Price: $999,900 Status: Closed Listing Contract Date: 2024-09-16

General Property Information

Stories Total: 3 Lot Size Acres: 0.5 Lot Size Source: Survey Living Area Source: Plans Above Grade Finished Area: 1684 Below Grade Finished Area: 1150 Garage YN: No Bathrooms Half: 1 Garage Spaces: 0 Fireplace YN: Yes Bonus Room YN: Yes Number of Bonus Rooms: 1 Bonus Room Type(s): Loft Furnished: Furnished Sign On Property YN: Yes Construction Type: Site Built View YN: Yes List Price/SqFt: 352.82 Sold Price/SqFt: 352.82 Living Area: 2834 Bedrooms Total: 3 Bathrooms Total: 4 Bathrooms Full: 3 Year Built: 2022

Remarks and Miscellaneous

Public Remarks: Custom-Built in 2022 and used principally as a 2nd home, ''Big Lazy Bear'' boasts just over 2800 sqft with 1100 sqft of deck & covered patio space that sprawls out on a half acre mostly level lot. Upon arriving at this property, you will quickly understand why it has earned and maintained yet again the coveted AirBnB Guest Favorite, Top 10% and VRBO 10/10 Exceptional property status in 2024. The 5-Star Reviews speak volumes! Despite ''Big Lazy Bear'' only being open to Guest 50% of the year, it managed to book 141 days and generate a gross revenue of slightly over $73,000 in 2023. Several local property managers specializing in short-term rentals conservatively estimate that if the cabin were available year-round, it could potentially generate a first-year gross income of $110,000. A well-rounded, classic Smoky Mountain Cabin is hard to beat! ''Big Lazy Bear'' has 3 Primary Suites & 3 ½ Baths. One King Suite on each level, offering maximum comfort and privacy. This makes ''Big Lazy Bear'' an ideal sanctuary for unwinding and connecting. Centrally located on a quite street in the well known cabin community of Sky Harbor, just minutes away from Downtown Gatlinburg, Dollywood, Pigeon Forge and The Great Smoky Mountain National Park. Additional Attributes Include... Smart Home Appliances, Fast High-Speed Internet, Paved Roads, Paved Parking 4 + Vehicles, Beautiful Seasonal Mountain Views, Open Concept Design, Vaulted Ceilings with Wall of Glass, Dual Purpose Bonus Loft, Massive Recreation Room, New Multi-cade, Pool Table, FoosballTable, Large 6+ Person Hot Tub, Fire Pit, Plenty of Rarely found Storage Space, Meticulously Maintained, Low HOA Dues, Self-Manage Allowed! If your goal is short-term rental (STR) investing, vacationing, or living in the Great Smoky Mountains, ''Big Lazy Bear'' is a Well-Equipped, Fully Furnished, Turnkey Property that has what it takes to not only stand out but also stand the test of time! Nestled in the serene beauty of one of America's most visited and beloved natural landscapes, this cabin will offer assurance of not only personal enjoyment but also an Excellent Opportunity for Substantial Profitability by implementing a Strategic STR Management Plan. Don't wait! Contact your Preferred Real Estate Agent and Arrange a Private Viewing Today! Drone Photography Used. SELF MANAGEMENT IS ALLOWED! Directions: From Hwy 441 Turn Right onto Kings Branch Rd, Go 1 mile and Turn Right onto Silver Poplar Ln, Go 1.8 Mile and Turn Left onto Rose Pass, Go .50 Mile Turn Right onto E View Dr, Go .02 Mile Turn Left onto Red Bud Rd Cabin will be on the Right See Sign

Status Change Information

Status Change Timestamp: 2024-10-22 Buyer Financing: Conventional Anticipated Closing Date: 2024-10-22 Major Change Timestamp: 2024-10-22T20:35:58Z Major Change Type: Status Change Purchase Contract Date: 2024-09-17 Close Date: 2024-10-22 Close Price: 999900

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Electric Water Heater: 1 Microwave: 1 Microwave Range Hood Combo: 1 Refrigerator: 1 Self Cleaning Oven: 1 Washer: 1 Water Softener Owned: 1

Architectural Style

Cabin: 1 Log: 1 Traditional: 1

Association Amenities

Picnic Area: 1 Other: 1

Association Fee Includes

Roads: 1

Attic Features

None: 1

Basement

Exterior Entry: 1 Finished: 1 Walk-Out Access: 1

Common Walls

No Common Walls: 1

Community Features

Lake: 1

Construction Materials

Block: 1 Frame: 1 Log: 1 Log Siding: 1 Stucco: 1 Wood Siding: 1

Cooling

Central Air: 1 Electric: 1 Heat Pump: 1 Zoned: 1

Current Financing

Conventional: 1

Current Use

Investment: 1 Residential: 1

Documents Available

Aerial Photo: 1 Septic Permit: 1 Survey: 1

Door Features

French Doors: 1

Electric

200+ Amp Service: 1

Exterior Features

Rain Gutters: 1 Other: 1

Fencing

None: 1

Fireplace Features

Fireplaces Total: 1 Gas Log: 1 Gas Starter: 1

Flooring

Laminate: 1 Tile: 1

Foundation Details

Slab: 1

Heating

Central: 1 Electric: 1 Heat Pump: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 Granite Counters: 1 Great Room: 1 High Speed Internet: 1 Kitchen Island: 1 Kitchen/Dining Combo: 1 Living/Dining Combo: 1 Solid Surface Counters: 1 Storage: 1 Walk-In Closet(s): 1 Walk-In Shower(s): 1

Laundry Features

Laundry Closet: 1 Laundry Room: 1 Washer Hookup: 1

Levels

Three Or More: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lock Box Information

None: 1 See Remarks: 1

Lot Features

Private: 1 Views: 1 Wooded: 1

Main Room Levels

Main Level Bathrooms: 2 Main Level Bedrooms: 1

Parking Features

Asphalt: 1 Driveway: 1 Off Street: 1 Open Parking Spaces: 4 Open Parking YN: Yes

Patio And Porch Features

Covered: 1 Deck: 1 Patio: 1 Porch: 1

Pets Allowed

Cats OK: 1 Dogs OK: 1 Yes: 1

Pool Features

Hot Tub: 1

Possession

Close Of Escrow: 1

Rental

Rental History: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Security Features

Smoke Detector(s): 1

Sewer

Septic Tank: 1

Skirt

Block: 1

Utilities

Cable Available: 1 Electricity Available: 1 High Speed Internet Available: 1 Internet Available: 1

View

Mountain(s): 1 Seasonal: 1 Trees/Woods: 1

Water Source

Private: 1 Well: 1

Window Features

Drapes: 1 Window Coverings: 1

Showing Considerations

See Remarks: 1

Showing Requirements

Appointment Only: 1 See Remarks: 1

Location Tax and Legal

Street Number: 2118 Street Name: Red Bud Street Suffix: Road County: Sevier State: TN Zip Code: 37876 Property Sub Type: Single Family Residence MLS Area Major: Gatlinburg Subdivision Name: Sky Harbor

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Microwave Range Hood Combo; Refrigerator; Self Cleaning Oven; Washer; Water Softener Owned Architectural Style: Cabin; Log; Traditional Association Amenities: Picnic Area; Other Association Fee Includes: Roads Attic Features: None Basement: Exterior Entry; Finished; Walk-Out Access Common Walls: No Common Walls Community Features: Lake Construction Materials: Block; Frame; Log; Log Siding; Stucco; Wood Siding Cooling: Central Air; Heat Pump; Zoned Current Financing: Conventional Current Use: Investment; Residential Documents Available: Aerial Photo; Septic Permit; Survey Door Features: French Doors Electric: 200+ Amp Service Exterior Features: Rain Gutters; Other Fencing: None Fireplace Features: Gas Log; Gas Starter Flooring: Laminate; Tile Foundation Details: Slab Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Granite Counters; Great Room; High Speed Internet; Kitchen Island; Kitchen/Dining Combo; Living/Dining Combo; Solid Surface Counters; Storage; Walk-In Closet(s); Walk-In Shower(s) Laundry Features: Laundry Closet; Laundry Room; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Lock Box Information: None; See Remarks Lot Features: Private; Views; Wooded Parking Features: Asphalt; Driveway; Off Street Patio And Porch Features: Covered; Deck; Patio; Porch Pets Allowed: Cats OK; Dogs OK; Yes 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 Skirt: Block Utilities: Cable Available; Electricity Available; High Speed Internet Available; Internet Available View: Mountain(s); Seasonal; Trees/Woods Water Source: Private; Well Window Features: Drapes; Window Coverings Showing Considerations: See Remarks Showing Requirements: Appointment Only; See Remarks
Listing Office: United Real Estate Solutions
Last Updated: October - 22 - 2024
Information deemed reliable but not guaranteed.