2736 Mountain Preserve Drive, Sevierville, TN 37862

$1,155,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 3,874 Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $1,155,000 List Date: 9/01/2022 Last Modified: 8/28/2024

Description

BEAUTIFUL MOUNTAIN VIEWS from this LUXURY LOG CABIN located in prestigious The Preserve Resort! This spacious 5 bedroom, 5.5 bathroom luxury cabin is spread out over 3,874 sq.ft. of 3 exceptionally crafted levels and boasts 3 living areas, a game room and theater room. There is also a locked area that the seller is currently using as storage, but could easily be finished to create an additional bedroom and added revenue! It has already been framed and has heat/air. Upon entry, your eyes will immediately be drawn to the views just beyond the main living area. The fully equipped kitchen, with its gleaming stainless appliances, is separated from the dining area by a breakfast bar. The comfortable living area, complete with a large stacked stone fireplace, leads way to a massive deck with plenty of seating options, as well as an outdoor hot tub overlooking the incredible mountain vistas. The main level is also home to two large bedrooms, each with an en-suite bathroom featuring both a standup shower and jetted tub. Upstairs you'll find the second living area, which includes a gaming area and deck access. The upper level is also home to the remaining 3 bedrooms with full en-suite bathrooms. Head downstairs for a movie night in the theater room with stadium seating for 10, or spend some time in the 3rd living area and game room. You'll also find a mini bar area, convenient half bath, and laundry room on the lower level. The Preserve Resort features a beautiful Chapel, weight room, sauna, outdoor pool and pavilion overlooking incredible mountain views! Drone photography used. Local management company offering $150K income guarantee. 2022 income was $120,153.87, plus 36 nights blocked by seller for an estimated $25K-$30K in additional potential income.

More Information MLS# 253700

Location, Tax, and Legal

Restrictive Covenants YN: Yes Zoning: R-1 Zoning Entity: Sevier County Tax Lot: 65R Book/Page/Doc #: 36, 246 Tax Annual Amount: 2638 Tax Year: 2021

Contract Information

Association Type: Mandatory Owner Name: Truong & Erickson Occupancy: Either Common Interest: Planned Development Rental History Gross Amount 1: 132802.33 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 Current Price: $1,155,000 Original List Price: 1600000 Sold Price: $1,155,000 Status: Closed Listing Contract Date: 2022-09-01

General Property Information

Lot Size Acres: 0.23 Above Grade Finished Area: 2482 Below Grade Finished Area: 1392 Below Grade Unfinished Area: 0 Garage YN: No Bathrooms Half: 1 Garage Spaces: 0 Bonus Room YN: Yes Accessory Dwelling Unit YN: No Sign On Property YN: No Home Warranty YN: No Construction Type: Site Built View YN: Yes List Price/SqFt: 374.29 Sold Price/SqFt: 298.14 Living Area: 3874 Bedrooms Total: 5 Bathrooms Total: 6 Bathrooms Full: 5 Year Built: 2006

Remarks and Miscellaneous

Public Remarks: BEAUTIFUL MOUNTAIN VIEWS from this LUXURY LOG CABIN located in prestigious The Preserve Resort! This spacious 5 bedroom, 5.5 bathroom luxury cabin is spread out over 3,874 sq.ft. of 3 exceptionally crafted levels and boasts 3 living areas, a game room and theater room. There is also a locked area that the seller is currently using as storage, but could easily be finished to create an additional bedroom and added revenue! It has already been framed and has heat/air. Upon entry, your eyes will immediately be drawn to the views just beyond the main living area. The fully equipped kitchen, with its gleaming stainless appliances, is separated from the dining area by a breakfast bar. The comfortable living area, complete with a large stacked stone fireplace, leads way to a massive deck with plenty of seating options, as well as an outdoor hot tub overlooking the incredible mountain vistas. The main level is also home to two large bedrooms, each with an en-suite bathroom featuring both a standup shower and jetted tub. Upstairs you'll find the second living area, which includes a gaming area and deck access. The upper level is also home to the remaining 3 bedrooms with full en-suite bathrooms. Head downstairs for a movie night in the theater room with stadium seating for 10, or spend some time in the 3rd living area and game room. You'll also find a mini bar area, convenient half bath, and laundry room on the lower level. The Preserve Resort features a beautiful Chapel, weight room, sauna, outdoor pool and pavilion overlooking incredible mountain views! Drone photography used. Local management company offering $150K income guarantee. 2022 income was $120,153.87, plus 36 nights blocked by seller for an estimated $25K-$30K in additional potential income. Directions: From Pigeon Forge Parkway, turn at Light #3 onto Wears Valley Rd. Go 10 miles to to a Right onto Happy Hollow Rd. Go .4 miles and Keep Right on S Clear Fork Rd. Go .8 miles to a Left onto Chamberlain Ln. Go .6 miles and Turn Left to stay on Chamberlain Ln. Go 1 mile to a Right onto Mountain Preserve Dr. Go .2 miles and Turn Right to stay on Mountain Preserve Dr. Go .2 miles and Turn Right to stay on Mountain Preserve Dr. Go .1 mile to cabin on Right.

Status Change Information

Status Change Timestamp: 2023-05-26 Buyer Financing: Conventional Anticipated Closing Date: 2023-05-26 Major Change Timestamp: 2023-05-26T17:24:12Z Major Change Type: Status Change Price Change Timestamp: 2023-01-20T22:15:03Z Purchase Contract Date: 2023-04-19 Close Date: 2023-05-26 Close Price: 1155000

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Self Cleaning Oven: 1 Washer: 1

Architectural Style

Cabin: 1 Log: 1

Association Fee Includes

Maintenance Grounds: 1 Roads: 1

Attic Features

None: 1

Basement

Basement: 1 Finished: 1

Construction Materials

Log: 1

Cooling

Central Air: 1

Fireplace Features

Fireplaces Total: 1 Electric: 1

Flooring

Wood: 1

Heating

Central: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 Great Room: 1 Soaking Tub: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

Three Or More: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Parking Features

Driveway: 1 Paved: 1

Patio And Porch Features

Covered: 1 Deck: 1 Porch: 1

Pool Features

Hot Tub: 1

Possession

Close Of Escrow: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Smoke Detector(s): 1

Sewer

Shared Septic: 1

View

Mountain(s): 1

Water Source

Private: 1

Showing Requirements

Call Listing Agent: 1 Showing Instructions: Contact listing agent to schedule showing. Buyer to verify utilities including septic permit if applicable noting bedroom approval, square footage and HOA if applicable within the buyer due diligence period please. The listing broker's offer of compensation is made to participants of the MLS where the listing is filed. See Remarks: 1

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Location Tax and Legal

Street Number: 2736 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

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Self Cleaning Oven; Washer Architectural Style: Cabin; Log Association Fee Includes: Maintenance Grounds; Roads Attic Features: None Basement: Basement; Finished Construction Materials: Log Cooling: Central Air Fireplace Features: Electric Flooring: Wood Heating: Central Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Soaking Tub Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Parking Features: Driveway; Paved Patio And Porch Features: Covered; Deck; Porch Pool Features: Hot Tub Possession: Close Of Escrow Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Shared Septic View: Mountain(s) Water Source: Private Showing Requirements: Call Listing Agent; See Remarks
Listing Office: Keller Williams Smoky Mountain
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.