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.