2235 Legend Drive, Sevierville, TN 37876
$1,400,000
Property Type:
Residential
Bedrooms:
6
Baths:
8
Square Footage:
5,088
Lot Size (sq. ft.):
29,621
Status:
Closed
Current Price:
$1,400,000
List Date:
10/29/2020
Last Modified:
8/30/2024
Description
Grace Manor is a gorgeous very spacious 6 bedroom pool home located in a small development in just the right place-at the top of the Arts and Crafts area with easy access from 321 or the back road Birds Creek/416. Wide paved roads take you to the cabin. Just minutes from Pigeon Forge, Dollywood and Gatlinburg. This cabin has been a top producer with income year over year over $155,000. (not including deposits, taxes and cleaning fees) and has every amenity for a successful luxury rental property. Would also make a beautiful second home or residence. Not your normal cookie cutter cabin, this one was built with special touches such as hand carved pillars, ensuite baths in each bedroom and higher end furnishings and decor. Must see to appreciate!
More Information MLS# 230867
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Tax Lot: 13
Book/Page/Doc #: 4868, 320
Tax Annual Amount: 1892
Tax Year: 2019
Contract Information
Owner Name: LOML LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Rental History Gross Amount 1: 0
Rental History Year 1: 0
Rental History Gross Amount 2: 0
Rental History Year 2: 0
Association YN: No
Association Fee: 0
Current Price: $1,400,000
Original List Price: 1350000
Sold Price: $1,400,000
Status: Closed
Listing Contract Date: 2020-10-29
General Property Information
Lot Size Acres: 0.68
Above Grade Finished Area: 3344
Below Grade Finished Area: 1744
Below Grade Unfinished Area: 0
Garage YN: No
Bathrooms Half: 2
Garage Spaces: 0
Bonus Room YN: No
Number of Bonus Rooms: 0
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 303.51
Sold Price/SqFt: 314.75
Living Area: 5088
Bedrooms Total: 6
Bathrooms Total: 8
Bathrooms Full: 6
Year Built: 2006
Remarks and Miscellaneous
Public Remarks: Grace Manor is a gorgeous very spacious 6 bedroom pool home located in a small development in just the right place-at the top of the Arts and Crafts area with easy access from 321 or the back road Birds Creek/416. Wide paved roads take you to the cabin. Just minutes from Pigeon Forge, Dollywood and Gatlinburg. This cabin has been a top producer with income year over year over $155,000. (not including deposits, taxes and cleaning fees) and has every amenity for a successful luxury rental property. Would also make a beautiful second home or residence. Not your normal cookie cutter cabin, this one was built with special touches such as hand carved pillars, ensuite baths in each bedroom and higher end furnishings and decor. Must see to appreciate!
Directions: From Gatlinburg at light #3, turn onto 321 (East Parkway). Take to light #3 Glades Road, and turn left. Follow Glades til it ends at the stop sign, then take a left onto Bird's Creek Road. Follow to Kings Hollow Road (just past where Skiddy's was). Take a left onto Kings Hollow then immediate left to Legend Drive. Follow it all the way around to the end of the cut de sac, then you will see the driveway on your left. (Shared Drive). Last house on the left is Grace Manor.
Status Change Information
Status Change Timestamp: 2021-01-29
Buyer Financing: Conventional
Anticipated Closing Date: 2021-01-08
Major Change Timestamp: 2021-01-29T17:36:06Z
Major Change Type: Status Change
Purchase Contract Date: 2020-11-19
Close Date: 2021-01-29
Close Price: 1400000
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Log: 1
Attic Features
None: 1
Basement
Basement: 1
Walk-Out Access: 1
Construction Materials
Log: 1
Log Siding: 1
Stone: 1
Cooling
Central Air: 1
Electric: 1
Exterior Features
Rain Gutters: 1
Fireplace Features
Gas Log: 1
Flooring
Wood: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Solid Surface Counters: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
One and One Half: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
Driveway: 1
Paved: 1
Patio And Porch Features
Deck: 1
Pool Features
Hot Tub: 1
Possession
Close Of Escrow: 1
Other: 1
Rental
Rental History: 1
Road Frontage Type
County Road: 1
Private Road: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Septic Permit On File: 1
View
Mountain(s): 1
Water Source
Shared Well: 1
Window Features
Window Treatments: 1
Showing Requirements
Call Listing Agent: 1
Showing Instructions: Agents please call or text Jane Terrell for showing instructions- (865) 313-1277. ***AGENTS*** Current owner manages the cabin on AirBnb, VRBO etc. He is willing to transfer all future booking of the cabin, and he will also continue management for flat fee of $17,000 per year. Cabin has 70 5-star reviews! Rental Income is in Associated Docs.
See Remarks: 1
Location Tax and Legal
Street Number: 2235
Street Name: Legend
Street Suffix: Drive
County: Sevier
State: TN
Zip Code: 37876
Property Sub Type: Single Family Residence
MLS Area Major: Gatlinburg
Subdivision Name: Other
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style: Cabin; Log
Attic Features: None
Basement: Basement; Walk-Out Access
Construction Materials: Log; Log Siding; Stone
Cooling: Central Air; Electric
Exterior Features: Rain Gutters
Fireplace Features: Gas Log
Flooring: Wood
Heating: Central; Electric; Heat Pump
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Solid Surface Counters
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: One and One Half
Listing Terms: Cash; Conventional
Parking Features: Driveway; Paved
Patio And Porch Features: Deck
Pool Features: Hot Tub
Possession: Close Of Escrow; Other
Rental: Rental History
Road Frontage Type: County Road; Private Road
Road Surface Type: Paved
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Septic Tank; Septic Permit On File
View: Mountain(s)
Water Source: Shared Well
Window Features: Window Treatments
Showing Requirements: Call Listing Agent; See Remarks
Listing Office:
Prime Mountain Properties
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.