2435 HICKORY KNOLL Way, Sevierville, TN 37862 (MLS# 258739)

2435 HICKORY KNOLL Way, Sevierville, TN 37862

$1,095,000

Virtual Tour

http://tour.usamls.net/2435-Hickory-Knoll-Way-Sevierville-TN-37862/unbranded

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,554 Lot Size (sq. ft.): 212,573 Status: Closed

Current Price: $1,095,000 List Date: 8/08/2023 Last Modified: 8/27/2024

Overview

Description

Gross Rental Income for 2022 was $131,000+ in just 9 months! $70,000+ already in the bank for the first half of 2023, with an additional $30,000+ (and counting) in reservations for the 2nd half of 2023. Ask your realtor for rental statements and occupancy charts attached to the MLS documents. Perhaps the best way to prove how much guests love this SECLUDED cabin are the 73 combined reviews from AirBNB and VRBO with a PERFECT 5 STAR RATING! The owners of this secluded getaway have meticulously maintained and updated this huge 4BR cabin. This includes UPGRADES OF $150,000+ (hot tub, generator, new appliances, new furniture, new HVAC, etc, detailed list available). This is a genuine log cabin with 4150sqft of heated/cooled space, on 4.88 acres of peaceful seclusion at The Homestead in Wears Valley subdivision. It even has its own PRIVATE 500ft HIKING TRAIL along a ridgeline leading to GORGEOUS WATERFALLS! Even though the property is secluded, have no worries about power blackouts, becau ... (Read more) Gross Rental Income for 2022 was $131,000+ in just 9 months! $70,000+ already in the bank for the first half of 2023, with an additional $30,000+ (and counting) in reservations for the 2nd half of 2023. Ask your realtor for rental statements and occupancy charts attached to the MLS documents. Perhaps the best way to prove how much guests love this SECLUDED cabin are the 73 combined reviews from AirBNB and VRBO with a PERFECT 5 STAR RATING! The owners of this secluded getaway have meticulously maintained and updated this huge 4BR cabin. This includes UPGRADES OF $150,000+ (hot tub, generator, new appliances, new furniture, new HVAC, etc, detailed list available). This is a genuine log cabin with 4150sqft of heated/cooled space, on 4.88 acres of peaceful seclusion at The Homestead in Wears Valley subdivision. It even has its own PRIVATE 500ft HIKING TRAIL along a ridgeline leading to GORGEOUS WATERFALLS! Even though the property is secluded, have no worries about power blackouts, because this peaceful retreat has its own WHOLE HOUSE 26KW AUTO START GENERATOR. Be the beacon of light in the neighborhood who actually has heat and wifi on those cold winter nights, and potentially get a higher nightly rate for it, because this beauty provides peace of mind that will set you apart from the other secluded cabins without a backup generator. This cabin will come virtually turnkey. Sellers have self-managed the entire time under ownership, and will handover contact info for their cleaners, handymen and all other contractors/resources who have served as their boots on the ground and helped them along the way. If new owners want to keep rental reservations in place, the current owners are willing to work with buyers to help with those transfers. Cabin currently has an UNFINISHED BASEMENT, but it is heated and cooled by HVAC, which can be converted into a finished basement ~1596sqft. Sevier County Health Dept has approved the construction of a 6BR septic system for the property if an investor wants to add additional bedrooms, square footage, etc., with additional work to the current septic system. Foundation walls are also poured concrete which is a rare upgrade. Approved plans for finished basement and general contractor info can be given if requested. Being on such a large parcel, new owners have the potential to add numerous outdoor amenities (with HOA approval). Some drone photography used in listing photos.

Listing Details MLS# 258739

General Property Information

Lot Size Acres: 4.88
Living Area: 2554
Above Grade Finished Area: 2554
Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Garage YN: No
Year Built: 2006
Bonus Room YN: Yes
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: 263.86
Sold Price/SqFt: 263.86
Below Grade Finished Area: 0
Below Grade Unfinished Area: 0
Garage Spaces: 0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin; Log Association Amenities: Management Association Fee Includes: Maintenance Grounds Attic Features: Access Only Basement: Basement; Exterior Entry; Walk-Out Access Construction Materials: Frame; Log; Wood Siding Cooling: Central Air; Electric; Heat Pump Exterior Features: Rain Gutters Fireplace Features: Gas Log; Insert; Masonry Flooring: Wood Heating: Central; Forced Air; Propane Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Formal Dining; Great Room; High Speed Internet; Solid Surface Counters; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Lot Features: Private; Water Amenity; Wooded Parking Features: Driveway; Paved; Private Patio And Porch Features: Covered; Deck Pool Features: Hot Tub Possession: Close Of Escrow Rental: Rental History Road Frontage Type: County Road Road Surface Type: Paved Roof: Composition Security Features: Security System; Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File Utilities: Cable Available View: Mountain(s); Seasonal Water Source: Well Window Features: Double Pane Windows; Window Treatments Showing Requirements: Appointment Only; Call Listing Agent; Lockbox; Restricted Hours; See Remarks

Location Tax and Legal

Street Number: 2435
Street Name: HICKORY KNOLL
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Sevierville
Subdivision Name: Homestead in Wears Valley

Contract Information

Original List Price: 1095000
Listing Contract Date: 2023-08-08
Owner Name: Lee
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Rental History Gross Amount 1: 131037
Rental History Year 1: 2022
Association YN: Yes
Association Fee: 25
Association Fee Frequency: Monthly
Association Name: Homestead HOA
Association Email: Judith.Hosseini@associatennessee.com
Association Type: Mandatory

Remarks and Miscellaneous

Public Remarks: Gross Rental Income for 2022 was $131,000+ in just 9 months! $70,000+ already in the bank for the first half of 2023, with an additional $30,000+ (and counting) in reservations for the 2nd half of 2023. Ask your realtor for rental statements and occupancy charts attached to the MLS documents. Perhaps the best way to prove how much guests love this SECLUDED cabin are the 73 combined reviews from AirBNB and VRBO with a PERFECT 5 STAR RATING! The owners of this secluded getaway have meticulously maintained and updated this huge 4BR cabin. This includes UPGRADES OF $150,000+ (hot tub, generator, new appliances, new furniture, new HVAC, etc, detailed list available). This is a genuine log cabin with 4150sqft of heated/cooled space, on 4.88 acres of peaceful seclusion at The Homestead in Wears Valley subdivision. It even has its own PRIVATE 500ft HIKING TRAIL along a ridgeline leading to GORGEOUS WATERFALLS! Even though the property is secluded, have no worries about power blackouts, because this peaceful retreat has its own WHOLE HOUSE 26KW AUTO START GENERATOR. Be the beacon of light in the neighborhood who actually has heat and wifi on those cold winter nights, and potentially get a higher nightly rate for it, because this beauty provides peace of mind that will set you apart from the other secluded cabins without a backup generator. This cabin will come virtually turnkey. Sellers have self-managed the entire time under ownership, and will handover contact info for their cleaners, handymen and all other contractors/resources who have served as their boots on the ground and helped them along the way. If new owners want to keep rental reservations in place, the current owners are willing to work with buyers to help with those transfers. Cabin currently has an UNFINISHED BASEMENT, but it is heated and cooled by HVAC, which can be converted into a finished basement ~1596sqft. Sevier County Health Dept has approved the construction of a 6BR septic system for the property if an investor wants to add additional bedrooms, square footage, etc., with additional work to the current septic system. Foundation walls are also poured concrete which is a rare upgrade. Approved plans for finished basement and general contractor info can be given if requested. Being on such a large parcel, new owners have the potential to add numerous outdoor amenities (with HOA approval). Some drone photography used in listing photos.
Directions: From Pigeon Forge, take Wears Valley Rd towards Wears Valley. Right on Happy Hollow Rd. Left on Whetston Rd. Right on Ridgeback Lane. Left on Hickory Knoll Lane. No sign on property but street number clearly visible.

Status Change Information

Major Change Timestamp: 2023-09-18T17:46:32Z
Major Change Type: Status Change
Status Change Timestamp: 2023-09-18
Purchase Contract Date: 2023-08-17
Close Date: 2023-09-18
Close Price: 1095000
Buyer Financing: Conventional
Anticipated Closing Date: 2023-09-18

More Information

Fireplace Features

Fireplaces Total: 2
Gas Log: Yes
Insert: Yes
Masonry: Yes

Showing Requirements

Showing Instructions: AIRBNB: https://www.airbnb.com/rooms/52645667. VRBO: https://www.vrbo.com/2727777. All information taken from public databases, county resources and Seller, but Buyer and/or Buyer's Agent must perform all due diligence important to them. Contents of owners closet, TV/Internet equipment, linens/towels belonging to PM will not convey. Consult the attached Bill of Sale. Propane tank is leased and buyers have option to continue should they choose. Utilities, income and occupancy data posted to ADs. Please EMAIL offers to matt@theshorttermshop.com AND send TEXT to confirm the offer was sent. For showings or questions, please TEXT or CALL Matt Castle @ 276-477-9309.
Appointment Only: Yes
Call Listing Agent: Yes
Lockbox: Yes
Restricted Hours: Yes
See Remarks: Yes

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Location, Tax, and Legal

Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Parcel Number: 122E A 008.00
Tax Lot: /23
Book/Page/Doc #: 5911, 244
Tax Annual Amount: 2154.14
Tax Year: 2022

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes
Washer: Yes

Architectural Style

Cabin: Yes
Log: Yes

Association Amenities

Management: Yes

Association Fee Includes

Maintenance Grounds: Yes

Attic Features

Access Only: Yes

Basement

Basement: Yes
Exterior Entry: Yes
Walk-Out Access: Yes

Construction Materials

Frame: Yes
Log: Yes
Wood Siding: Yes

Cooling

Central Air: Yes
Electric: Yes
Heat Pump: Yes

Exterior Features

Rain Gutters: Yes

Flooring

Wood: Yes

Heating

Central: Yes
Forced Air: Yes
Propane: Yes

Interior Features

Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Formal Dining: Yes
Great Room: Yes
High Speed Internet: Yes
Solid Surface Counters: Yes
Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Three Or More: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Private: Yes
Water Amenity: Yes
Wooded: Yes

Parking Features

Driveway: Yes
Paved: Yes
Private: Yes

Patio And Porch Features

Covered: Yes
Deck: Yes

Pool Features

Hot Tub: Yes

Possession

Close Of Escrow: Yes

Rental

Rental History: Yes

Road Frontage Type

County Road: Yes

Road Surface Type

Paved: Yes

Roof

Composition: Yes

Security Features

Security System: Yes
Smoke Detector(s): Yes

Sewer

Septic Tank: Yes
Septic Permit On File: Yes

Utilities

Cable Available: Yes

View

Mountain(s): Yes
Seasonal: Yes

Water Source

Well: Yes

Window Features

Double Pane Windows: Yes
Window Treatments: Yes

Listing Office: eXp Realty, LLC 7720

Last Updated: August - 27 - 2024

Information deemed reliable but not guaranteed.

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

2435 HICKORY KNOLL Way, Sevierville, TN 37862 (MLS# 258739)