2440 Paradise Falls Way, Sevierville, TN 37862 (MLS# 242991)

2440 Paradise Falls Way, Sevierville, TN 37862

$995,000

Virtual Tour

http://tour.usamls.net/2440-Paradise-Falls-Way-Sevierville-TN-37862/unbranded

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 3,652 Lot Size (sq. ft.): 392,040 Status: Closed

Current Price: $995,000 List Date: 6/03/2021 Last Modified: 8/28/2024

Overview

Description

WOW! UNBEATABLE OPPORTUNITY TO OWN THIS RUSTIC LOG CABIN "THE LODGE AT PARADISE FALLS" SITTING ON 9 ACRES OF YOUR OWN PRIVATE MOUNTAIN OASIS WITH ITS OWN TRAILS FOR HIKING, STREAMS & BABBLING BROOKS RUNNING BEHIND THE LODGE AND THROUGHOUT THE PROPERTY, AND ITS OWN 60' WATERFALL! This property has the "wow factor" from the inside out and is currently sleeping 11 on the overnight rental program. Income producing and has already grossed $67k from April-Dec 2021 with several dates open to book from now until the end of the year. A full year projection is $90k. Interior features include an open floorplan with spacious living room wtih soaring vaulted ceilings with a massive stone surrounded fireplace for relaxing. Fully equipped kitchen with granite countertops, stone backsplash, top of the line stainless appliances, and a custom island for additional seating. You have two bedrooms on the main level with an over the top custom bathroom with tiled and glassed in walk-in shower with custom va ... (Read more) WOW! UNBEATABLE OPPORTUNITY TO OWN THIS RUSTIC LOG CABIN "THE LODGE AT PARADISE FALLS" SITTING ON 9 ACRES OF YOUR OWN PRIVATE MOUNTAIN OASIS WITH ITS OWN TRAILS FOR HIKING, STREAMS & BABBLING BROOKS RUNNING BEHIND THE LODGE AND THROUGHOUT THE PROPERTY, AND ITS OWN 60' WATERFALL! This property has the "wow factor" from the inside out and is currently sleeping 11 on the overnight rental program. Income producing and has already grossed $67k from April-Dec 2021 with several dates open to book from now until the end of the year. A full year projection is $90k. Interior features include an open floorplan with spacious living room wtih soaring vaulted ceilings with a massive stone surrounded fireplace for relaxing. Fully equipped kitchen with granite countertops, stone backsplash, top of the line stainless appliances, and a custom island for additional seating. You have two bedrooms on the main level with an over the top custom bathroom with tiled and glassed in walk-in shower with custom vanity. Upstairs you will enjoy the huge open loft gameroom, and the kids bunk room/bonus room with multi arcade games and a lounging area. You will also find a second bathroom with a nice size glassed in tiled shower. Beyond the upstairs bunk room, you will find an expansive breezeway with two twin beds and walls of glass windows leading to the private Master Suite with its own living room with stone accented gas fireplace, walk in closet, daybed for additional sleeping, private balcony, and more. The custom touch throughout this property is sure to impress with the rustic modern feel with barn doors, hardwood flooring, wood ceilings, hand hewn logs, and more. Enjoy the expansive decking with hammock, rocking chairs, outdoor seating, grill, and multiple levels of decking off the back with the bubbling hot tub. Located in a private and serene setting with a firepit for sitting around and cornhole for entertaining. Plenty of room to roam and take in the "in the mountains" feel this property gives you. Also, featuring a nice covered parking area and picnic area with picnic tables to grill out creekside. Garage/workshop could be finished for more living space and is also plumbed for an additional bathroom. Located only miles from the Foothills Parkway extension. Also, a short distance to Cades Cove for sightseeing, The Great Smoky Mountains National park entrance, and Pigeon Forge for attractions and shopping/dining. There are two wells on the property, and also an area to park a RV. Buyer to honor existing bookings and rental contract wtih current rental company for 60 days from the closing date.

Listing Details MLS# 242991

General Property Information

Lot Size Acres: 9
Living Area: 3652
Above Grade Finished Area: 3652
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Garage Spaces: 2
Year Built: 1986
Bonus Room YN: Yes
Number of Bonus Rooms: Yes
Bonus Room Type(s): master suite over garage area
Accessory Dwelling Unit YN: No
Sign On Property YN: Yes
Home Warranty YN: No
Furnished: Furnished
Construction Type: Site Built
Waterfront YN: Yes
List Price/SqFt: 272.45
Sold Price/SqFt: 272.45
Below Grade Finished Area: 0
Below Grade Unfinished Area: 0
Bathrooms Half: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Washer Architectural Style: Cabin; Log Basement: Crawl Space; None Construction Materials: Log; Log Siding Cooling: Central Air; Electric; Heat Pump Flooring: Wood Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lot Features: Level; Private Parking Features: RV Access/Parking Pool Features: Hot Tub Possession: Close Of Escrow Rental: Off Site; Rental History Road Frontage Type: County Road Roof: Metal Sewer: Septic Tank; Septic Permit Not Found Water Source: Well Waterfront Features: Creek Showing Requirements: Appointment Only; Lockbox; See Remarks

Location Tax and Legal

Street Number: 2440
Street Name: Paradise Falls
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Wears Valley
Subdivision Name: Paradise Falls Retreat

Contract Information

Original List Price: 995000
Listing Contract Date: 2021-06-03
Owner Name: Brock
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: No

Remarks and Miscellaneous

Public Remarks: WOW! UNBEATABLE OPPORTUNITY TO OWN THIS RUSTIC LOG CABIN "THE LODGE AT PARADISE FALLS" SITTING ON 9 ACRES OF YOUR OWN PRIVATE MOUNTAIN OASIS WITH ITS OWN TRAILS FOR HIKING, STREAMS & BABBLING BROOKS RUNNING BEHIND THE LODGE AND THROUGHOUT THE PROPERTY, AND ITS OWN 60' WATERFALL! This property has the "wow factor" from the inside out and is currently sleeping 11 on the overnight rental program. Income producing and has already grossed $67k from April-Dec 2021 with several dates open to book from now until the end of the year. A full year projection is $90k. Interior features include an open floorplan with spacious living room wtih soaring vaulted ceilings with a massive stone surrounded fireplace for relaxing. Fully equipped kitchen with granite countertops, stone backsplash, top of the line stainless appliances, and a custom island for additional seating. You have two bedrooms on the main level with an over the top custom bathroom with tiled and glassed in walk-in shower with custom vanity. Upstairs you will enjoy the huge open loft gameroom, and the kids bunk room/bonus room with multi arcade games and a lounging area. You will also find a second bathroom with a nice size glassed in tiled shower. Beyond the upstairs bunk room, you will find an expansive breezeway with two twin beds and walls of glass windows leading to the private Master Suite with its own living room with stone accented gas fireplace, walk in closet, daybed for additional sleeping, private balcony, and more. The custom touch throughout this property is sure to impress with the rustic modern feel with barn doors, hardwood flooring, wood ceilings, hand hewn logs, and more. Enjoy the expansive decking with hammock, rocking chairs, outdoor seating, grill, and multiple levels of decking off the back with the bubbling hot tub. Located in a private and serene setting with a firepit for sitting around and cornhole for entertaining. Plenty of room to roam and take in the "in the mountains" feel this property gives you. Also, featuring a nice covered parking area and picnic area with picnic tables to grill out creekside. Garage/workshop could be finished for more living space and is also plumbed for an additional bathroom. Located only miles from the Foothills Parkway extension. Also, a short distance to Cades Cove for sightseeing, The Great Smoky Mountains National park entrance, and Pigeon Forge for attractions and shopping/dining. There are two wells on the property, and also an area to park a RV. Buyer to honor existing bookings and rental contract wtih current rental company for 60 days from the closing date.
Directions: Turn right onto Wears Valley Rd/US-321 S. Turn right onto Hatcher Mountain Rd. R onto Indigo Ln. Turn slight left to stay on Indigo Ln. R onto Hatcher Mountain. Stay straight to go onto Spurling Way. Turn R to stay on Spurling Way. Take the second left to stay on Spurling Way. Take the first right onto Spotted Owl Way. Property on R at the end of Spotted Fowl Way. See sign.

Status Change Information

Major Change Timestamp: 2021-06-21T16:49:53Z
Major Change Type: Status Change
Status Change Timestamp: 2021-06-21
Purchase Contract Date: 2021-06-07
Close Date: 2021-06-21
Close Price: 995000
Buyer Financing: Conventional
Anticipated Closing Date: 2021-06-21

More Information

Fireplace Features

Fireplaces Total: 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
Tax Lot: 40
Book/Page/Doc #: 5747, 422
Tax Annual Amount: 1164.36
Tax Year: 2019

Appliances

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

Architectural Style

Cabin: Yes
Log: Yes

Basement

Crawl Space: Yes
None: Yes

Construction Materials

Log: Yes
Log Siding: Yes

Cooling

Central Air: Yes
Electric: Yes
Heat Pump: Yes

Flooring

Wood: Yes

Heating

Central: Yes
Electric: Yes
Heat Pump: Yes

Interior Features

Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Great Room: Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Level: Yes
Private: Yes

Parking Features

Basement: Yes
RV Access/Parking: Yes

Pool Features

Hot Tub: Yes

Possession

Close Of Escrow: Yes

Rental

Off Site: Yes
Rental History: Yes

Road Frontage Type

County Road: Yes

Roof

Metal: Yes

Sewer

Septic Tank: Yes
Septic Permit Not Found: Yes

Water Source

Well: Yes

Waterfront Features

Creek: Yes

Showing Requirements

Appointment Only: Yes
Lockbox: Yes
See Remarks: Yes

Listing Office: Tennessee Elite Realty

Last Updated: August - 28 - 2024

Information deemed reliable but not guaranteed.

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

2440 Paradise Falls Way, Sevierville, TN 37862 (MLS# 242991)