2615 Bear Crossing Way, Sevierville, TN 37862

$1,205,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,889 Lot Size (sq. ft.): 19,602 Status: Closed
Current Price: $1,205,000 List Date: 1/28/2022 Last Modified: 8/30/2024

Description

Great investment opportunity in the Cedar Falls cabin community. “Saddle Creek” is a custom POOL log cabin making $140k/yr and is being offered for sale for the first time in over a decade. Saddle Creek already has $55k in revenue on the books for 2022. This gorgeous 2-bedroom, 2-level cabin is close enough to let you explore downtown Pigeon Forge while still giving you those peaceful tree-studded surroundings you long for on a Smoky Mountain getaway. This 2,889-square-foot cabin has spaces for 4 vehicles, allowing plenty of room and easy parking for owners and renters. There are great amenities all throughout the cabin including a private indoor pool, wading pool, hot tub, flowing fountain, big screen TV, and rustic stone walls. Owners and their renters can swim and relax year-round in the spacious indoor pool room with wooded views. The cabin comes fully furnished, including all furniture, a washer/dryer, high-speed wireless internet connection, big screen TVs and DVD and Blu-ray players, a fully equipped kitchen, and more! “Saddle Creek” also offers community perks with a location in the Cedar Falls cabin community. You'll be greeted by a rustic covered bridge when you arrive, and you'll have access to a nice playground and outdoor pool with seating and lush wooded surroundings! This investment property can serve couples and families as well. Both bedrooms in “Saddle Creek” boast king-size beds, so they're both comfortable retreats after busy days. Each also has its own spa-like bathroom and creature comforts like nightstands and reading lamps. The split bedrooms offer plenty of privacy within the cabin. Beyond the bedrooms, you'll have more sleeping space with the twin bunk bed in the loft and a sleeper sofa. The loft is a perfect kids' space, because it also serves as the rec room! The indoor pool was renovated in early 2017, and the private pool room features new tile and floors, a Diamond Brite-resurfaced pool, and new LED lights in the pool and ceiling! Maintained with dual water systems for temperature reliability, the pool water is a comfortable temperature year-round. The pool is 10' x 18' The great outdoor spaces greet you when you pull into the paved driveway where you'll see beautiful trees and a gorgeous stone-and-log exterior. Then you'll have more great outdoor time on the decks, where you'll find a hot tub and rocking chairs. Make “Saddle Creek” your newest investment!

More Information MLS# 247098

Location, Tax, and Legal

Restrictive Covenants YN: Yes Zoning: R-1 Zoning Entity: Sevierville Parcel Number: 103F A 076.00 Tax Lot: 76 Book/Page/Doc #: 3661, 443 Tax Annual Amount: 1462 Tax Year: 2019

Contract Information

Association Type: Mandatory Owner Name: David M Klatt Occupancy: Either Rental History Gross Amount 1: 140000 Rental History Year 1: 2021 Association YN: Yes Association Fee: 400 Association Fee Frequency: Semi-Annually Association Name: Cedar Falls HOA Association Email: cedarfalls@yahoo.com Current Price: $1,205,000 Original List Price: 1100000 Sold Price: $1,205,000 Status: Closed Listing Contract Date: 2022-01-28

General Property Information

Lot Size Acres: 0.45 Above Grade Finished Area: 1832 Below Grade Finished Area: 1057 Below Grade Unfinished Area: 0 Garage YN: No Bathrooms Half: 1 Garage Spaces: 0 Bonus Room YN: No Furnished: Furnished Accessory Dwelling Unit YN: No Sign On Property YN: Yes Home Warranty YN: No Construction Type: Site Built List Price/SqFt: 380.75 Sold Price/SqFt: 417.1 Living Area: 2889 Bedrooms Total: 2 Bathrooms Total: 3 Bathrooms Full: 2 Year Built: 2011

Remarks and Miscellaneous

Public Remarks: Great investment opportunity in the Cedar Falls cabin community. “Saddle Creek” is a custom POOL log cabin making $140k/yr and is being offered for sale for the first time in over a decade. Saddle Creek already has $55k in revenue on the books for 2022. This gorgeous 2-bedroom, 2-level cabin is close enough to let you explore downtown Pigeon Forge while still giving you those peaceful tree-studded surroundings you long for on a Smoky Mountain getaway. This 2,889-square-foot cabin has spaces for 4 vehicles, allowing plenty of room and easy parking for owners and renters. There are great amenities all throughout the cabin including a private indoor pool, wading pool, hot tub, flowing fountain, big screen TV, and rustic stone walls. Owners and their renters can swim and relax year-round in the spacious indoor pool room with wooded views. The cabin comes fully furnished, including all furniture, a washer/dryer, high-speed wireless internet connection, big screen TVs and DVD and Blu-ray players, a fully equipped kitchen, and more! “Saddle Creek” also offers community perks with a location in the Cedar Falls cabin community. You'll be greeted by a rustic covered bridge when you arrive, and you'll have access to a nice playground and outdoor pool with seating and lush wooded surroundings! This investment property can serve couples and families as well. Both bedrooms in “Saddle Creek” boast king-size beds, so they're both comfortable retreats after busy days. Each also has its own spa-like bathroom and creature comforts like nightstands and reading lamps. The split bedrooms offer plenty of privacy within the cabin. Beyond the bedrooms, you'll have more sleeping space with the twin bunk bed in the loft and a sleeper sofa. The loft is a perfect kids' space, because it also serves as the rec room! The indoor pool was renovated in early 2017, and the private pool room features new tile and floors, a Diamond Brite-resurfaced pool, and new LED lights in the pool and ceiling! Maintained with dual water systems for temperature reliability, the pool water is a comfortable temperature year-round. The pool is 10' x 18' The great outdoor spaces greet you when you pull into the paved driveway where you'll see beautiful trees and a gorgeous stone-and-log exterior. Then you'll have more great outdoor time on the decks, where you'll find a hot tub and rocking chairs. Make “Saddle Creek” your newest investment! Directions: From the Parkway, turn right on Wears Valley Road. Go M1.8 miles to right on Waldens Creek Road. Go 3 miles to right on Cedar Falls Way. Go .2 miles to left on Orchard Trail Way. Go .1 miles to left on Bear Crossing Way.

Status Change Information

Status Change Timestamp: 2022-03-22 Buyer Financing: Conventional Anticipated Closing Date: 2022-03-08 Major Change Timestamp: 2022-03-22T17:05:27Z Major Change Type: Status Change Purchase Contract Date: 2022-01-29 Close Date: 2022-03-22 Close Price: 1205000

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Architectural Style

Log: 1

Association Amenities

Clubhouse: 1 Pool: 1 Other: 1

Association Fee Includes

Roads: 1

Attic Features

Access Only: 1

Basement

Basement: 1 Finished: 1

Community Features

Clubhouse: 1

Construction Materials

Log: 1 Stone: 1

Cooling

Central Air: 1

Fireplace Features

Gas Log: 1

Flooring

Wood: 1

Heating

Central: 1

Interior Features

Ceiling Fan(s): 1 Soaking Tub: 1 Solid Surface Counters: 1

Levels

Three Or More: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Level: 1 Wooded: 1

Patio And Porch Features

Covered: 1

Pool Features

Hot Tub: 1 In Ground: 1 Private: 1

Possession

Close Of Escrow: 1 Other: 1

Rental

Rental History: 1

Roof

Metal: 1

Security Features

Smoke Detector(s): 1

Sewer

Septic Tank: 1 Septic Permit On File: 1

Water Source

Public: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Lockbox: 1 Showing Instructions: To schedule a showing text Misty 615-294-8495. There is a checkout on Sunday 1/30/22 and check-in on 1/31/22, so showings can be scheduled between 1/30/22 at 10:30am through 1/31/22 3:00pm. All offers MUST include buyer signed associated documents and proof of funds/pre-approval. Email offers to mpatterson@cabinsforyou.com. Information presented in listing was provided by tax records and/or seller and has not been independently verified by the listing agent. It is deemed to be correct, however buyers should verify all information that is important to them, such as square footage, restrictions, HOA details, etc. All offers MUST include a special stipulation clause that the new ownership will remain with Cabins for YOU through 12/31/22. Link to property management site: https://www.cabinsforyou.com/saddle_creek_cabin.htm See Remarks: 1

Location Tax and Legal

Street Number: 2615 Street Name: Bear Crossing Street Suffix: Way County: Sevier State: TN Zip Code: 37862 Property Sub Type: Single Family Residence MLS Area Major: Sevierville Subdivision Name: Cedar Falls Phase 3

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Log Association Amenities: Clubhouse; Pool; Other Association Fee Includes: Roads Attic Features: Access Only Basement: Basement; Finished Community Features: Clubhouse Construction Materials: Log; Stone Cooling: Central Air Fireplace Features: Gas Log Flooring: Wood Heating: Central Interior Features: Ceiling Fan(s); Soaking Tub; Solid Surface Counters Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Level; Wooded Patio And Porch Features: Covered Pool Features: Hot Tub; In Ground; Private Possession: Close Of Escrow; Other Rental: Rental History Roof: Metal Security Features: Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Lockbox; See Remarks
Listing Office: Cabins For You Realty
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.