2527 Treehouse Lane, Sevierville, TN 37876

$800,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,182 Lot Size (sq. ft.): 28,314 Status: Closed
Current Price: $800,000 List Date: 9/19/2019 Last Modified: 8/30/2024

Overview

Description

Once in a lifetime opportunity to own your very own CASTLE in the Smoky Mountains. Featured on VRBO'S front page in June of 2019 for 12 castles around the world for your storybook vacation. Extraordinary investment opportunity to acquire this massive 3 bed 3.5 bath castle that accommodates up to 18 guests. Grossing over $173,000 in just 17 months at a 90/10 split. Producing over $10,000 a month on average in revenue, this property is one of a kind! 136 days already booked for future revenue. Currently used for overnight rentals, weddings, and private parties; the possibilities are endless. Features include 3 over-sized master suites, large covered private deck, all slate flooring throughout, and beautiful mountain views. Turret stairwells, kiln dried tree-bark accents, and all custom doors make this property one of the most unique homes in the Smokies. A perfect central location just 8 miles from Gatlinburg, 9 miles from the National Park Entrance, and 12 miles to Pigeon Forge.

Listing Details MLS# 224751

General Property Information

Lot Size Acres
0.65
Living Area
3182
Above Grade Finished Area
3182
Bedrooms Total
3
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Garage YN
No
Year Built
2008
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
Yes
Furnished
Furnished
Construction Type
Site Built
List Price/SqFt
259.27
Sold Price/SqFt
251.41
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Garage Spaces
0
Number of Bonus Rooms
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Colonial; Log Construction Materials: Block; Log; Stone Cooling: Central Air; Electric Fireplace Features: Gas Log Interior Features: Cathedral Ceiling(s) Listing Terms: Cash; Conventional Lot Features: Level; Wooded Patio And Porch Features: Deck Possession: Close Of Escrow Rental: Rental History Road Frontage Type: County Road Roof: Metal; Slate Sewer: Septic Tank Water Source: Well

Location Tax and Legal

Street Number
2527
Street Name
Treehouse
Street Suffix
Lane
County
Sevier
State
TN
Zip Code
37876
Property Sub Type
Single Family Residence
MLS Area Major
Sevierville
Subdivision Name
Treehouse Cabins & Resort

Contract Information

Original List Price
825000
Listing Contract Date
2019-09-19
Owner Name
Westcott Lane LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
No
Association Name
N/A
Rental History Gross Amount 1
0
Rental History Year 1
0
Rental History Gross Amount 2
0
Rental History Year 2
0
Association Fee
0

Remarks and Miscellaneous

Public Remarks
Once in a lifetime opportunity to own your very own CASTLE in the Smoky Mountains. Featured on VRBO'S front page in June of 2019 for 12 castles around the world for your storybook vacation. Extraordinary investment opportunity to acquire this massive 3 bed 3.5 bath castle that accommodates up to 18 guests. Grossing over $173,000 in just 17 months at a 90/10 split. Producing over $10,000 a month on average in revenue, this property is one of a kind! 136 days already booked for future revenue. Currently used for overnight rentals, weddings, and private parties; the possibilities are endless. Features include 3 over-sized master suites, large covered private deck, all slate flooring throughout, and beautiful mountain views. Turret stairwells, kiln dried tree-bark accents, and all custom doors make this property one of the most unique homes in the Smokies. A perfect central location just 8 miles from Gatlinburg, 9 miles from the National Park Entrance, and 12 miles to Pigeon Forge.
Directions
From Pigeon Forge traffic light number 8 make a left turn (if traveling from Sevierville) OR right turn (if traveling from Gatlinburg). Travel 0.2 mile to first traffic light (Dollywood lane) make a right turn onto Dollywood lane (DO NOT TURN INTO DOLLYWOOD PARK) travel 6.1 mile to birds creek road (Dunns market on right ) make a right turn and travel 4.1 mile to Camp smoky Ln, make a left turn onto Camp smoky Rd and travel 0.2 mile to Grassy Branch Rd, make a right turn and travel 1.2 mile to Grassy Branch Loop, make a left at Grassy branch Loop and travel 0.1 mile to the intersection of Grassy Branch Loop and Hawks View Trail. Continue left on Grassy Branch Loop (second turn on left G the road goes Down), Travel past three small cabins to the first road on the left hand side (Treehouse Lane), make a left turn onto Treehouse lane and travel 0.2 mile to the cabin on the right side.

Status Change Information

Major Change Timestamp
2019-12-02T17:17:03Z
Major Change Type
Status Change
Status Change Timestamp
2019-12-02
Purchase Contract Date
2019-10-21
Close Date
2019-12-02
Close Price
800000
Buyer Financing
Conventional

More Information

Showing Requirements

Showing Instructions
Text or call Andy 865-742-0428 for all showings. Please email all offers to Kassy@searchgatlinburg.com Home is currently on the rental program with Evolve (please check with agent for availability) Seller is offering home warranty through America's Preferred Home Warranty Seller is in the process of replacing all railings and posts on the front porch entrance. Buyer should verify all information contained herein, including square footage, HOA info, have inspection and/or survey done.

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevierville
Tax Lot
15
Book/Page/Doc #
5110, 426
Tax Annual Amount
1056
Tax Year
2018

Appliances

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

Architectural Style

Cabin
Yes
Colonial
Yes
Log
Yes

Construction Materials

Block
Yes
Log
Yes
Stone
Yes

Cooling

Central Air
Yes
Electric
Yes

Fireplace Features

Gas Log
Yes

Interior Features

Cathedral Ceiling(s)
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Level
Yes
Wooded
Yes

Patio And Porch Features

Deck
Yes

Possession

Close Of Escrow
Yes

Rental

Rental History
Yes

Road Frontage Type

County Road
Yes

Roof

Metal
Yes
Slate
Yes

Sewer

Septic Tank
Yes

Water Source

Well
Yes
Listing Office: Jet Real Estate LLC
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.