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

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 living.

More Information MLS# 263514

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

Contract Information

Owner Name: Two Bears Listing Agreement: Exclusive Right To Sell Occupancy: Either Association YN: No Current Price: $1,525,000 Original List Price: 1595000 Sold Price: $1,525,000 Status: Closed Listing Contract Date: 2023-09-21

General Property Information

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

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

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

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Range Hood: 1 Refrigerator: 1 Self Cleaning Oven: 1 Washer: 1 Water Purifier: 1 Water Softener Rented: 1

Architectural Style

Cabin: 1 Contemporary: 1

Attic Features

None: 1

Basement

Basement: 1 Finished: 1 Walk-Out Access: 1

Construction Materials

Cement Siding: 1 Frame: 1 Stone: 1

Cooling

Central Air: 1

Exterior Features

Rain Gutters: 1

Fireplace Features

Fireplaces Total: 1 Electric: 1

Heating

Central: 1 Heat Pump: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 Great Room: 1 Solid Surface Counters: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

One: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Level: 1

Patio And Porch Features

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

Pool Features

In Ground: 1

Possession

Close Of Escrow: 1 Negotiable: 1 Other: 1

Rental

Off Site: 1 Rental History: 1

Road Frontage Type

County Road: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Security Features

Smoke Detector(s): 1

Sewer

Septic Tank: 1 Septic Permit On File: 1

Water Source

Shared Well: 1 Well: 1

Window Features

Double Pane Windows: 1 Window Treatments: 1

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: 1

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

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
Listing Office: The Real Estate Firm Inc. Sevier
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.