3005 Redtail Road, Sevierville, TN 37862
$1,150,000
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
3,340
Lot Size (sq. ft.):
50,530
Status:
Closed
Current Price:
$1,150,000
List Date:
2/26/2021
Last Modified:
8/28/2024
Description
Prepare to say WOW when you step foot in The Lazy Bear Lodge located in Homestead at Wears Valley!!! A custom built, true log cabin with 180 degrees of panoramic views. Too many custom features to mention: oversized logs carved by area artisans, some of which were brought in from out of state, a magnificent wall of windows to capture the view on one of the highest elevations in all of the Smoky Mountain area *without* scary roads, to the extra large family and game rooms for those extra large get-togethers. Just a quick drive to Wears Valley, the Foothills Parkway and many other attractions the area has to offer. Septic permit is 3BR, but rented as a 4BR. Each bedroom has its own full bathroom and indoor sauna that easily seats six. Extra large deck that spans the entire width of the home with an additional build out for a covered hot tub, as well as a large greeting area in front of the cabin for large events. All major mechanicals were updated between 2017 and 2021, new 30yr roof in 2018, new hot tub in 2017, and a buried 1000 gallon propane tank. Indoor heat is piggybacked to use propane gas heat source if indoor temperature falls below 40F. Rental income projections are 70k-98k.
More Information MLS# 240907
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Tax Lot: 77E
Book/Page/Doc #: 1825, 738
Tax Annual Amount: 1577.75
Tax Year: 2019
Contract Information
Association Type: Mandatory
Owner Name: Crapet
Listing Agreement: Exclusive Right To Sell
Occupancy: Overnight Only
Association YN: Yes
Association Fee: 300
Association Fee Frequency: Annually
Association Name: -
Current Price: $1,150,000
Original List Price: 1250000
Sold Price: $1,150,000
Status: Closed
Listing Contract Date: 2021-02-26
General Property Information
Lot Size Acres: 1.16
Above Grade Finished Area: 3340
Below Grade Finished Area: 0
Below Grade Unfinished Area: 0
Garage YN: No
Bathrooms Half: 0
Garage Spaces: 0
Bonus Room YN: No
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 374.25
Sold Price/SqFt: 344.31
Living Area: 3340
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 2005
Remarks and Miscellaneous
Public Remarks: Prepare to say WOW when you step foot in The Lazy Bear Lodge located in Homestead at Wears Valley!!! A custom built, true log cabin with 180 degrees of panoramic views. Too many custom features to mention: oversized logs carved by area artisans, some of which were brought in from out of state, a magnificent wall of windows to capture the view on one of the highest elevations in all of the Smoky Mountain area *without* scary roads, to the extra large family and game rooms for those extra large get-togethers. Just a quick drive to Wears Valley, the Foothills Parkway and many other attractions the area has to offer. Septic permit is 3BR, but rented as a 4BR. Each bedroom has its own full bathroom and indoor sauna that easily seats six. Extra large deck that spans the entire width of the home with an additional build out for a covered hot tub, as well as a large greeting area in front of the cabin for large events. All major mechanicals were updated between 2017 and 2021, new 30yr roof in 2018, new hot tub in 2017, and a buried 1000 gallon propane tank. Indoor heat is piggybacked to use propane gas heat source if indoor temperature falls below 40F. Rental income projections are 70k-98k.
Directions: From Pigeon Forge, take 321 Wears Valley Hwy to Wears Valley. Once in Wears Valley, take right on Happy Hollow Rd. Bear right on S Clear Fork Rd. Left on Chamberlain Ln. Continue straight on Chamberlain Ln which turns into Burchfield View Way (you will pass The Preserve cabin community on right). Right on Settlers View Lane. Left on Redtail Rd. Sign for 3005 Redtail / Lazy Bear Lodge on left. Shared driveway with 2966 Redtail.
Status Change Information
Status Change Timestamp: 2021-05-04
Buyer Financing: Conventional
Anticipated Closing Date: 2021-05-04
Major Change Timestamp: 2021-05-04T16:42:44Z
Major Change Type: Status Change
Purchase Contract Date: 2021-03-24
Close Date: 2021-05-04
Close Price: 1150000
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Log: 1
Association Amenities
Clubhouse: 1
Pool: 1
Association Fee Includes
Maintenance Grounds: 1
Roads: 1
Attic Features
None: 1
Basement
Crawl Space: 1
None: 1
Community Features
Clubhouse: 1
Construction Materials
Frame: 1
Log: 1
Masonry: 1
Wood Siding: 1
Cooling
Central Air: 1
Electric: 1
Heat Pump: 1
Exterior Features
Rain Gutters: 1
Fencing
Fenced: 1
Fireplace Features
Gas Log: 1
Masonry: 1
Flooring
Wood: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Propane: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Great Room: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
THDA: 1
VA Loan: 1
Lot Features
Level: 1
Wooded: 1
Other Equipment
Satellite Dish Leased: 1
Parking Features
Driveway: 1
Private: 1
RV Access/Parking: 1
Patio And Porch Features
Deck: 1
Patio: 1
Pool Features
Hot Tub: 1
Private: 1
Possession
Close Of Escrow: 1
Road Frontage Type
County Road: 1
Easement: 1
Private Road: 1
Road Surface Type
Gravel: 1
Paved: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Sewer
Septic Tank: 1
View
Mountain(s): 1
Seasonal: 1
Water Source
Well: 1
Window Features
Window Treatments: 1
Showing Requirements
Showing Instructions: *Please DO NOT email offers to Tracy King.*For SHOWINGS Call: (865) 525-4999. Send OFFERS to matt@kingsofrealestate.com / Cell: 276-477-9309. Pre-Approval/Proof of Funds & Disclosures in Assoc Docs MUST accompany offers. SF from tax records or seller; buyer to verify. Buyer must honor property management agreement with Volunteer Cabin Rentals for Lazy Bear Lodge for 6 months after closing date.
See Remarks: 1
Historical Information
Public Historical Remarks: Interior Features: Large Primary Bedroom
Location Tax and Legal
Street Number: 3005
Street Name: Redtail
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Wears Valley
Subdivision Name: Homestead in Wears Valley
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Washer
Architectural Style: Cabin; Log
Association Amenities: Clubhouse; Pool
Association Fee Includes: Maintenance Grounds; Roads
Attic Features: None
Basement: Crawl Space; None
Community Features: Clubhouse
Construction Materials: Frame; Log; Masonry; Wood Siding
Cooling: Central Air; Electric; Heat Pump
Exterior Features: Rain Gutters
Fencing: Fenced
Fireplace Features: Gas Log; Masonry
Flooring: Wood
Heating: Central; Electric; Heat Pump; Propane
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional; FHA; THDA; VA Loan
Lot Features: Level; Wooded
Other Equipment: Satellite Dish Leased
Parking Features: Driveway; Private; RV Access/Parking
Patio And Porch Features: Deck; Patio
Pool Features: Hot Tub; Private
Possession: Close Of Escrow
Road Frontage Type: County Road; Easement; Private Road
Road Surface Type: Gravel; Paved
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Septic Tank
View: Mountain(s); Seasonal
Water Source: Well
Window Features: Window Treatments
Showing Requirements: See Remarks
Listing Office:
Your Home Sold Guaranteed Real
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.