2309 Hollow Branch Way, Pigeon Forge, TN 37863 (MLS# 300216)

2309 Hollow Branch Way, Pigeon Forge, TN 37863

$1,230,000

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,328 Status: Closed

Current Price: $1,230,000 List Date: 4/04/2024 Last Modified: 12/13/2024

Overview

Description

Turn Key Cabin for sale-New Construction.3328 square feet. Ready to Rent. 4 Bedrooms, 5 Baths, 10x20 indoor gunnite Pool, Theater Room, Game Room with Bunks for the big kids or the little kids, Decks, Great Mountain Views, 2 Master Suites with Private Baths. Fully Furnished and ready to rent the day you close. Outdoor community pool and club house. Construction completed 2.1.24. Rental Projection is $130K-$145K annually from Cabins USA. Developer is also offering the buyer an Accellerated Depreciation Study with a full price offer- paid by developer. Associated documents are attached. Call agent with questions. Photos Updated 2.10.24. Appraisal done on cabin next door- lot 101- which is an identical cabin- appraisal came back at $1.4 Million. Appraisal Date: 7.18.24. Cabin also has smart car charging station in driveway!!

Listing Details MLS# 300216

General Property Information

Stories Total: 4
Living Area: 3328
Living Area Source: Owner
Above Grade Finished Area: 1664
Below Grade Finished Area: 1664
Bedrooms Total: 4
Bathrooms Total: 5
Bathrooms Full: 5
Garage YN: No
Fireplace YN: Yes
Year Built: 2023
Bonus Room YN: Yes
Number of Bonus Rooms: 2
Bonus Room Type(s): Theater Room, In-Door Pool,
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Furnished: Furnished
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 375.6
Sold Price/SqFt: 369.59
Lot Size Acres: 0
Below Grade Unfinished Area: 0
Bathrooms Half: 0
Garage Spaces: 0

Property Features

Accessibility Features: Accessible Bedroom; Accessible Central Living Area; Accessible Common Area; Accessible Doors; Accessible Entrance; Accessible Full Bath; Accessible Kitchen; Accessible Kitchen Appliances; Central Living Area Appliances: Dishwasher; Dryer; Microwave; Range Hood; Refrigerator; Washer Architectural Style: Cabin Association Amenities: Clubhouse; Maintenance Grounds; Pool Association Fee Includes: Roads Attic Features: None Basement: Basement; Finished Community Features: Clubhouse Construction Materials: Block; Log Siding; Masonry Cooling: Central Air Electric: 220 Volts in Kitchen; 220 Volts in Laundry; Circuit Breakers Fireplace Features: Electric; Insert Heating: Central Interior Features: Ceiling Fan(s); High Speed Internet; Solid Surface Counters; Walk-In Closet(s) Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional; Special Funding Lot Features: Water Amenity Patio And Porch Features: Deck; Porch Pool Features: Hot Tub; In Ground; Private Possession: Close Of Escrow; Other Property Condition: Under Construction Rental: Off Site Road Frontage Type: City Street; Private Road Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Public Sewer View: Mountain(s) Water Source: Public Window Features: Double Pane Windows; Window Treatments Showing Requirements: See Remarks Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Game Room; Great Room; Kitchen; Loft; Other; Primary Bedroom

Location Tax and Legal

Street Number: 2309
Street Name: Hollow Branch
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37863
Property Sub Type: Single Family Residence
MLS Area Major: Pigeon Forge
Subdivision Name: Covered Bridge Resort

Contract Information

Original List Price: 1350000
Listing Contract Date: 2024-04-04
Auction YN: No
Owner Name: Capital Investment Partners, L
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Common Interest: Planned Development
Association YN: Yes
Association Fee: 460
Association Fee Frequency: Quarterly
Association Name: Covered Bridge Resort on Waldens Creek
Association Phone: 0000000000
Association Email: Robert@wisepropertysolutions.com
Association Type: Mandatory

Remarks and Miscellaneous

Public Remarks: Turn Key Cabin for sale-New Construction.3328 square feet. Ready to Rent. 4 Bedrooms, 5 Baths, 10x20 indoor gunnite Pool, Theater Room, Game Room with Bunks for the big kids or the little kids, Decks, Great Mountain Views, 2 Master Suites with Private Baths. Fully Furnished and ready to rent the day you close. Outdoor community pool and club house. Construction completed 2.1.24. Rental Projection is $130K-$145K annually from Cabins USA. Developer is also offering the buyer an Accellerated Depreciation Study with a full price offer- paid by developer. Associated documents are attached. Call agent with questions. Photos Updated 2.10.24. Appraisal done on cabin next door- lot 101- which is an identical cabin- appraisal came back at $1.4 Million. Appraisal Date: 7.18.24. Cabin also has smart car charging station in driveway!!
Directions: From the Parkway in Pigeon Forge, take Highway 321- Wears Valley Road. Drive about 3-4 miles and turn RIGHT onto Walden's Creek Road. Drive on Walden's Creek Road approximately 1 miles and turn LEFT onto Old Valley Road. Drive on Old Valley Rd about .5 miles and turn LEFT onto Mountain Lodge Way -aka- Covered Bridge Resort. Turn RIGHT immediately on Mountain Lodge Way. Drive to a sharp LEFT onto Summit View Way, continue up the hill & turn LEFT onto Autumn View Way and an immediate RIGHT onto Hollow Branch Way. Lot 99 (2309 Hollow Branch Way) is the second lot from the dead end.

Status Change Information

Major Change Timestamp: 2024-12-13T22:01:51Z
Major Change Type: Status Change
Price Change Timestamp: 2024-07-19T23:39:43Z
Status Change Timestamp: 2024-12-13
Purchase Contract Date: 2024-10-21
Close Date: 2024-12-13
Close Price: 1230000
Buyer Financing: Conventional
Anticipated Closing Date: 2024-11-20

More Information

Fireplace Features

Fireplaces Total: Yes
Electric: Yes
Insert: Yes

Showing Requirements

Showing Instructions: Buyers should verify all information. Call of text list for showings. Will be going on rental program.
See Remarks: Yes

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Room Types

Bedroom 2 Level: Second
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Dining Room Level: First
Game Room Level: Basement
Great Room Level: First
Kitchen Level: First
Loft Level: Second
Other Level: Basement
Primary Bedroom Level: First
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Dining Room: Yes
Game Room: Yes
Great Room: Yes
Kitchen: Yes
Loft: Yes
Other: Yes
Primary Bedroom: Yes

Location, Tax, and Legal

City/County: County
New Construction YN: Yes
New Construction Start Date: 2023-07-17
Estimated Completion Date: 2023-12-16
Restrictive Covenants YN: Yes
Zoning: R-2
Zoning Entity: Pigeon Forge
Parcel Number: 000 000 000
Tax Lot: 99
Book/Page/Doc #: 6260, 299
Tax Annual Amount: 0
Tax Year: 2023

Accessibility Features

Accessible Bedroom: Yes
Accessible Central Living Area: Yes
Accessible Common Area: Yes
Accessible Doors: Yes
Accessible Entrance: Yes
Accessible Full Bath: Yes
Accessible Kitchen: Yes
Accessible Kitchen Appliances: Yes
Central Living Area: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range Hood: Yes
Refrigerator: Yes
Washer: Yes

Architectural Style

Cabin: Yes

Association Amenities

Clubhouse: Yes
Maintenance Grounds: Yes
Pool: Yes

Association Fee Includes

Roads: Yes

Attic Features

None: Yes

Basement

Basement: Yes
Finished: Yes

Community Features

Clubhouse: Yes

Construction Materials

Block: Yes
Log Siding: Yes
Masonry: Yes

Cooling

Central Air: Yes

Electric

220 Volts in Kitchen: Yes
220 Volts in Laundry: Yes
Circuit Breakers: Yes

Heating

Central: Yes

Interior Features

Ceiling Fan(s): Yes
High Speed Internet: Yes
Solid Surface Counters: Yes
Walk-In Closet(s): Yes

Levels

Three Or More: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
Special Funding: Yes

Lot Features

Water Amenity: Yes

Patio And Porch Features

Deck: Yes
Porch: Yes

Pool Features

Hot Tub: Yes
In Ground: Yes
Private: Yes

Possession

Close Of Escrow: Yes
Other: Yes

Property Condition

Under Construction: Yes

Rental

Off Site: Yes

Road Frontage Type

City Street: Yes
Private Road: Yes

Road Surface Type

Paved: Yes

Roof

Composition: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

View

Mountain(s): Yes

Water Source

Public: Yes

Window Features

Double Pane Windows: Yes
Window Treatments: Yes

Room Information

Room Name	Level	Remarks
Primary Bedroom	First	Private Ensuite
Bedroom 2	Second	2nd Master with ensuite
Bedroom 3	Second
Bedroom 4	Second
Kitchen	First	Large Island/Open FLR Pla
Dining Room	First
Great Room	First
Game Room	Basement	Gm Rm/Thtr Rm/Bunks/BA/Ki
Utility Room	Basement	Off Pool Room
Loft	Second	Gm Rm/Thtr RM/Bunks/Bath
Other	Basement	Laundry/Utility/Mechanica
Primary Bedroom	First
Bedroom 2	Second
Bedroom 3	Second
Bedroom 4	Second
Kitchen	First
Dining Room	First
Great Room	First
Game Room	Basement
Utility Room	Basement
Loft	Second
Other	Basement

Listing Office: Firefly Realty & Rentals, LLC

Last Updated: December - 13 - 2024

Information deemed reliable but not guaranteed.

Geoff Hill, Realtor Lic. No. 322967 Prime Mountain Properties, Lic. No. 259072

2309 Hollow Branch Way, Pigeon Forge, TN 37863 (MLS# 300216)