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.