2429 Rainbow Falls Lane, Starry Night, Sevierville, TN 37862 (MLS# 263514)

2429 Rainbow Falls Lane, Starry Night, Sevierville, TN 37862

$1,525,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,744 Lot Size (sq. ft.): 49,223 Status: Closed
Current Price: $1,525,000 List Date: 9/21/2023 Last Modified: 8/30/2024

Overview

Description

Rental projections are $180,000 to $200,000 per year! Sellers spared no expense when building & furnishing this stunning and brand new 4-bedroom, 5-bath investment cabin with an indoor pool. This cabin offers a grand entrance with high ceilings, a beautiful kitchen with granite counters and stainless appliances, high-end finishes and a spacious living room with a stone fireplace. Large fixed glass windows fill the room with natural sunlight, creating a bright and inviting atmosphere. Two bedrooms on the main level feature vaulted ceilings and ensuite bathrooms. The lower level boasts a game area with a pool table, a theater room with a 75'' TV, and a bunkhouse room with six queen-size beds. The private indoor swimming pool includes a security door, and the lower deck features a hot tub for ultimate relaxation. Enjoy the outdoor fire pit and level lot for outdoor activities. This cabin is a perfect blend of luxury and comfort, allowing you to enjoy the best of both indoor and outdoor li ...

Listing Details MLS# 263514

General Property Information

Lot Size Acres
1.13
Living Area
3744
Above Grade Finished Area
1658
Below Grade Finished Area
2086
Bedrooms Total
4
Bathrooms Total
5
Bathrooms Full
5
Garage YN
No
Year Built
2023
Bonus Room YN
Yes
Number of Bonus Rooms
2
Bonus Room Type(s)
Theatre Room
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
List Price/SqFt
426.01
Sold Price/SqFt
407.32
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer; Water Purifier; Water Softener Rented Architectural Style: Cabin; Contemporary Attic Features: None Basement: Basement; Finished; Walk-Out Access Construction Materials: Cement Siding; Frame; Stone Cooling: Central Air Exterior Features: Rain Gutters Fireplace Features: Electric Heating: Central; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: One Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Level Patio And Porch Features: Covered; Deck; Patio; Porch Pool Features: In Ground Possession: Close Of Escrow; Negotiable; Other Rental: Off Site; Rental History Road Frontage Type: County Road Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File Water Source: Shared Well; Well Window Features: Double Pane Windows; Window Treatments Showing Requirements: See Remarks

Location Tax and Legal

Street Number
2429
Street Name
Rainbow Falls
Street Suffix
Lane
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Wears Valley
Subdivision Name
Thunder Mountain

Contract Information

Original List Price
1595000
Listing Contract Date
2023-09-21
Owner Name
Two Bears
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
No

Remarks and Miscellaneous

Public Remarks
Rental projections are $180,000 to $200,000 per year! Sellers spared no expense when building & furnishing this stunning and brand new 4-bedroom, 5-bath investment cabin with an indoor pool. This cabin offers a grand entrance with high ceilings, a beautiful kitchen with granite counters and stainless appliances, high-end finishes and a spacious living room with a stone fireplace. Large fixed glass windows fill the room with natural sunlight, creating a bright and inviting atmosphere. Two bedrooms on the main level feature vaulted ceilings and ensuite bathrooms. The lower level boasts a game area with a pool table, a theater room with a 75'' TV, and a bunkhouse room with six queen-size beds. The private indoor swimming pool includes a security door, and the lower deck features a hot tub for ultimate relaxation. Enjoy the outdoor fire pit and level lot for outdoor activities. This cabin is a perfect blend of luxury and comfort, allowing you to enjoy the best of both indoor and outdoor living.
Directions
In Pigeon Forge turn at light #6 onto Pine Mountain Rd. Go to the end at Little Cove Rd. Turn right and go 0.5 miles. Turn Left into Thunder Mountain subdivision. Go 0.2 miles and turn Left onto Rainbow Falls Ln to home on left in culdesac.

Status Change Information

Major Change Timestamp
2023-11-07T18:49:56Z
Major Change Type
Status Change
Status Change Timestamp
2023-11-07
Purchase Contract Date
2023-10-04
Close Date
2023-11-07
Close Price
1525000
Buyer Financing
Conventional
Anticipated Closing Date
2023-11-10

More Information

Fireplace Features

Fireplaces Total
Yes
Electric
Yes

Showing Requirements

Showing Instructions
Call or text Listing agent 865-804-9791 for showings. All disclosures, rental history, expenses and utilities are on Assoc Docs. Leased items, and linens belonging to rental company do not convey. Buyers to do their own due diligence. As with all Real Estate transactions you should verify all information independently including but not limited to HOA info., restrictions including any that may have been recently added. Taxes are based on the lot only and will be assessed at time of sale.
See Remarks
Yes

Location, Tax, and Legal

Street Additional Info
Starry Night
Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Parcel Number
104E B 015.00
Tax Lot
15
Book/Page/Doc #
6220, 691
Tax Annual Amount
185
Tax Year
2022

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Range Hood
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes
Water Purifier
Yes
Water Softener Rented
Yes

Architectural Style

Cabin
Yes
Contemporary
Yes

Attic Features

None
Yes

Basement

Basement
Yes
Finished
Yes
Walk-Out Access
Yes

Construction Materials

Cement Siding
Yes
Frame
Yes
Stone
Yes

Cooling

Central Air
Yes

Exterior Features

Rain Gutters
Yes

Heating

Central
Yes
Heat Pump
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Great Room
Yes
Solid Surface Counters
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

One
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Level
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Patio
Yes
Porch
Yes

Pool Features

In Ground
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes
Other
Yes

Rental

Off Site
Yes
Rental History
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes
Septic Permit On File
Yes

Water Source

Shared Well
Yes
Well
Yes

Window Features

Double Pane Windows
Yes
Window Treatments
Yes
Listing Office: The Real Estate Firm Inc. Sevier
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.
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