2732 Mountain Preserve Drive, Vista Lodge, Sevierville, TN 37862
$1,350,000
Property Type:
Residential
Bedrooms:
5
Baths:
4
Square Footage:
4,048
Lot Size (sq. ft.):
7,841
Status:
Closed
Current Price:
$1,350,000
List Date:
9/27/2021
Last Modified:
8/28/2024
Overview
Description
Vista Lodge is a fantastic opportunity to invest in a well producing short term rental cabin in peaceful Wears Valley with incredible mountain views. The cabin has a gross rental income (not including taxes, fees, etc) of $136,668.46 for the trailing twelve months as of 9/1/2021. It's understandable why the cabin produces an incredibly high rental income when taking a look at the view, the massive theater room, and other great amenities within the 5 bedroom cabin. Located in The Preserve Resort with access to some of the most premier amenities of any subdivision within Sevier County, the cabin really shines both inside and out keeping visitors busy. The cabin floor plan is a wonderful setup for short term rental purposes featuring four king bedroom suites and one bunk bedroom. The wing areas on the sides of the cabin being bedrooms, while the center section of the cabin dedicated to common space for enjoyment. The main level features two large bedrooms, including exposed beam ceilings. Upstairs offers two bedrooms, one on each wing, with vaulted ceilings and incredible mountain views. Additionally, upstairs has a game room area in the middle section with an amazing view and covered private deck area. Downstairs includes a massive theater room, bunk bedroom with another game space with a ping pong table. The cabin is offered completely furnished and has been well kept by the owners. The view from the property can't be emphasized enough. It is among the best you'll see in our area with a view of Cove Mountain and well beyond looking into the Cades Cove area as the panoramic sweeping view moves westward.
Listing Details MLS# 245219
General Property Information
- Lot Size Acres
- 0.18
- Living Area
- 4048
- Above Grade Finished Area
- 2950
- Below Grade Finished Area
- 1098
- Below Grade Unfinished Area
- 377
- Bedrooms Total
- 5
- Bathrooms Total
- 4
- Bathrooms Full
- 3
- Bathrooms Half
- Yes
- Garage YN
- No
- Year Built
- 2006
- Bonus Room YN
- No
- 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
- 333.5
- Sold Price/SqFt
- 333.5
- Garage Spaces
- 0
Property Features
Appliances:
Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style:
Cabin; Log
Construction Materials:
Log; Log Siding; Wood Siding
Cooling:
Central Air; Electric; Heat Pump
Exterior Features:
Rain Gutters
Fireplace Features:
Electric
Flooring:
Wood
Heating:
Electric; Heat Pump
Interior Features:
Cathedral Ceiling(s); Ceiling Fan(s); High Speed Internet
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Listing Terms:
1031 Exchange; Cash; Conventional
Parking Features:
Driveway; Paved
Patio And Porch Features:
Deck
Pool Features:
Hot Tub
Possession:
Close Of Escrow
Rental:
Off Site; Rental History
Roof:
Composition
Security Features:
Smoke Detector(s)
Sewer:
Shared Septic
Utilities:
Cable Available
View:
Mountain(s)
Water Source:
Private; Shared Well
Window Features:
Double Pane Windows; Window Treatments
Showing Requirements:
Call Listing Agent
Location Tax and Legal
- Street Number
- 2732
- Street Name
- Mountain Preserve
- Street Suffix
- Drive
- County
- Sevier
- State
- TN
- Zip Code
- 37862
- Property Sub Type
- Single Family Residence
- MLS Area Major
- Wears Valley
- Subdivision Name
- The Preserve
Contract Information
- Original List Price
- 1350000
- Listing Contract Date
- 2021-09-27
- Owner Name
- Michael S. Reischman and Krista M. Reischman
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Common Interest
- Planned Development
- Rental History Gross Amount 1
- 136668.46
- Rental History Year 1
- 2021
- Association YN
- Yes
- Association Fee
- 500
- Association Fee Frequency
- Quarterly
- Association Name
- The Preserve Resort HOA
- Association Email
- manager@thepreservehoa.net
- Association Type
- Mandatory
Remarks and Miscellaneous
- Public Remarks
- Vista Lodge is a fantastic opportunity to invest in a well producing short term rental cabin in peaceful Wears Valley with incredible mountain views. The cabin has a gross rental income (not including taxes, fees, etc) of $136,668.46 for the trailing twelve months as of 9/1/2021. It's understandable why the cabin produces an incredibly high rental income when taking a look at the view, the massive theater room, and other great amenities within the 5 bedroom cabin. Located in The Preserve Resort with access to some of the most premier amenities of any subdivision within Sevier County, the cabin really shines both inside and out keeping visitors busy. The cabin floor plan is a wonderful setup for short term rental purposes featuring four king bedroom suites and one bunk bedroom. The wing areas on the sides of the cabin being bedrooms, while the center section of the cabin dedicated to common space for enjoyment. The main level features two large bedrooms, including exposed beam ceilings. Upstairs offers two bedrooms, one on each wing, with vaulted ceilings and incredible mountain views. Additionally, upstairs has a game room area in the middle section with an amazing view and covered private deck area. Downstairs includes a massive theater room, bunk bedroom with another game space with a ping pong table. The cabin is offered completely furnished and has been well kept by the owners. The view from the property can't be emphasized enough. It is among the best you'll see in our area with a view of Cove Mountain and well beyond looking into the Cades Cove area as the panoramic sweeping view moves westward.
- Directions
- From Wears Valley road turn on Happy Hollow Road. Bear right on S Clear Fork Rd.and follow to a left on Chamberlain Ln. Travel approximately 2 miles. Turn right into The Preserve Resort. Follow to the first right and veer right onto Mountain Preserve Drive. The cabin, Vista Lodge, will be on your right (2732).
Status Change Information
- Major Change Timestamp
- 2021-12-06T17:57:30Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2021-12-06
- Purchase Contract Date
- 2021-10-09
- Close Date
- 2021-12-06
- Close Price
- 1350000
- Buyer Financing
- Conventional
- Anticipated Closing Date
- 2021-11-18
More Information
Fireplace Features
- Fireplaces Total
- Yes
- Electric
- Yes
Showing Requirements
- Showing Instructions
- The cabin is open for showings from Monday, September 27th through Thursday, September 30th. Please call/text Jay on his cell for the door code. NOTE: There is a separate from HOA optional amenity fee to use the pool and other amenities within the resort. The current cost, should someone want to use these amenities, for this cabin is $300/month. I was told by the HOA manager for The Preserve Resort the water would be individually metered on cabins at some point in 2022. Currently the water is included within the $2,000 annual HOA fee (paid $500 quarterly). As with all real estate transactions Buyers should do their own due diligence and verify all information independently, including square footage and HOA info. Purchase title insurance, get a survey, and any other inspections available. Most information has been taken from tax records and/or seller and not verified by listing
- Call Listing Agent
- Yes
Historical Information
- Public Historical Remarks
- Interior Features: Large Primary Bedroom
Location, Tax, and Legal
- Street Additional Info
- Vista Lodge
- Restrictive Covenants YN
- Yes
- Zoning
- R-1
- Zoning Entity
- Sevier County
- Parcel Number
- 113J A 063.00
- Tax Lot
- 63R
- Book/Page/Doc #
- 5457, 445
- Tax Annual Amount
- 1656.8
- Tax Year
- 2019
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Electric Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Architectural Style
- Cabin
- Yes
- Log
- Yes
Construction Materials
- Log
- Yes
- Log Siding
- Yes
- Wood Siding
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Exterior Features
- Rain Gutters
- Yes
Flooring
- Wood
- Yes
Heating
- Electric
- Yes
- Heat Pump
- Yes
Interior Features
- Cathedral Ceiling(s)
- Yes
- Ceiling Fan(s)
- Yes
- High Speed Internet
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
- Washer Hookup
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Driveway
- Yes
- Paved
- Yes
Patio And Porch Features
- Deck
- Yes
Pool Features
- Hot Tub
- Yes
Possession
- Close Of Escrow
- Yes
Rental
- Off Site
- Yes
- Rental History
- Yes
Roof
- Composition
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Shared Septic
- Yes
Utilities
- Cable Available
- Yes
View
- Mountain(s)
- Yes
Water Source
- Private
- Yes
- Shared Well
- Yes
Window Features
- Double Pane Windows
- Yes
- Window Treatments
- Yes
Listing Office:
Smoky Mountain Real Estate Cor
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.