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

Overview

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.

Listing Details MLS# 240907

General Property Information

Lot Size Acres
1.16
Living Area
3340
Above Grade Finished Area
3340
Bedrooms Total
3
Bathrooms Total
4
Bathrooms Full
4
Garage YN
No
Year Built
2005
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
374.25
Sold Price/SqFt
344.31
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0

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

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

Contract Information

Original List Price
1250000
Listing Contract Date
2021-02-26
Owner Name
Crapet
Listing Agreement
Exclusive Right To Sell
Occupancy
Overnight Only
Association YN
Yes
Association Fee
300
Association Fee Frequency
Annually
Association Name
-
Association Type
Mandatory

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

Major Change Timestamp
2021-05-04T16:42:44Z
Major Change Type
Status Change
Status Change Timestamp
2021-05-04
Purchase Contract Date
2021-03-24
Close Date
2021-05-04
Close Price
1150000
Buyer Financing
Conventional
Anticipated Closing Date
2021-05-04

More Information

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
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

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

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Range Hood
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Log
Yes

Association Amenities

Clubhouse
Yes
Pool
Yes

Association Fee Includes

Maintenance Grounds
Yes
Roads
Yes

Attic Features

None
Yes

Basement

Crawl Space
Yes
None
Yes

Community Features

Clubhouse
Yes

Construction Materials

Frame
Yes
Log
Yes
Masonry
Yes
Wood Siding
Yes

Cooling

Central Air
Yes
Electric
Yes
Heat Pump
Yes

Exterior Features

Rain Gutters
Yes

Fencing

Fenced
Yes

Fireplace Features

Gas Log
Yes
Masonry
Yes

Flooring

Wood
Yes

Heating

Central
Yes
Electric
Yes
Heat Pump
Yes
Propane
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Great Room
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Two
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
THDA
Yes
VA Loan
Yes

Lot Features

Level
Yes
Wooded
Yes

Other Equipment

Satellite Dish Leased
Yes

Parking Features

Driveway
Yes
Private
Yes
RV Access/Parking
Yes

Patio And Porch Features

Deck
Yes
Patio
Yes

Pool Features

Hot Tub
Yes
Private
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

County Road
Yes
Easement
Yes
Private Road
Yes

Road Surface Type

Gravel
Yes
Paved
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes

View

Mountain(s)
Yes
Seasonal
Yes

Water Source

Well
Yes

Window Features

Window Treatments
Yes
Listing Office: Your Home Sold Guaranteed Real
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.