3070 Happy Hollow Road, Sevierville, TN 37862
$2,043,122.61
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
5,720
Lot Size (sq. ft.):
37,897
Status:
Closed
Current Price:
$2,043,122.61
List Date:
1/23/2024
Last Modified:
8/27/2024
Overview
Description
Wrapping Up REMODEL! Sprinkler system! Will be permitted to sleep 20! Projected income of $225k to $275k w/ 32% self managing ROI on 20% down payment // 13% ROI cash on cash! This gorgeous property is currently in the midst of a down to the studs remodel. Redesigned to appeal to the overnight rental market this property features: soaring cathedral ceilings, walls of glass, open kitchen - dining - living room area perfect for entertaining, heated indoor swimming pool, golf simulator, movie and game space, 4 spacious bedrooms, and 5 full bathrooms! Additional sleeping in game room/theater area! A tasteful combination of tongue and groove and drywall paired with modern light and water fixtures create an amazing ambiance that will appeal to a wide variety of guests! Conveniently located in the Wears Valley area, this property is only 15 minutes to Pigeon Forge Parkway and 10 minutes to up and coming Townsend! Easy access to the National Park through Line Springs Rd! You can even make your way to Gatlinburg using back roads to avoid the traffic. Est time of completion is April 2024.
Listing Details MLS# 268032
General Property Information
- Stories Total
- 2
- Lot Size Acres
- 0.87
- Living Area
- 5720
- Above Grade Finished Area
- 2860
- Below Grade Finished Area
- 2860
- Bedrooms Total
- 4
- Bathrooms Total
- 5
- Bathrooms Full
- 5
- Garage YN
- No
- Fireplace YN
- Yes
- Year Built
- 1996
- Bonus Room YN
- Yes
- Number of Bonus Rooms
- Yes
- Bonus Room Type(s)
- Sleeping / game room theater combo
- Accessory Dwelling Unit YN
- No
- Sign On Property YN
- Yes
- Home Warranty YN
- No
- Furnished
- Furnished
- Construction Type
- Site Built
- List Price/SqFt
- 356.56
- Sold Price/SqFt
- 357.19
- Below Grade Unfinished Area
- 0
- Bathrooms Half
- 0
- Garage Spaces
- 0
Property Features
Appliances:
Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style:
Log
Attic Features:
None
Basement:
Basement; Finished
Construction Materials:
Frame; Stone; Wood Siding
Cooling:
Electric
Exterior Features:
Rain Gutters
Fireplace Features:
Electric
Heating:
Electric
Interior Features:
Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Solid Surface Counters
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Levels:
Two
Listing Terms:
1031 Exchange; Cash; Conventional
Lot Features:
Sprinklers In Front; Sprinklers In Rear
Patio And Porch Features:
Covered; Deck
Pool Features:
In Ground
Possession:
Close Of Escrow
Road Frontage Type:
County Road; Easement
Road Surface Type:
Paved
Roof:
Composition
Security Features:
Smoke Detector(s)
Sewer:
Septic Tank
Water Source:
Shared Well
Window Features:
Double Pane Windows; Window Treatments
Showing Requirements:
See Remarks
Location Tax and Legal
- Street Number
- 3070
- Street Name
- Happy Hollow
- Street Suffix
- Road
- County
- Sevier
- State
- TN
- Zip Code
- 37862
- Property Sub Type
- Single Family Residence
- MLS Area Major
- Wears Valley
- Subdivision Name
- Wears Cove Acres
Contract Information
- Original List Price
- 2150000
- Listing Contract Date
- 2024-01-23
- Auction YN
- No
- Owner Name
- Elevated Investment Group, LLC
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- Wrapping Up REMODEL! Sprinkler system! Will be permitted to sleep 20! Projected income of $225k to $275k w/ 32% self managing ROI on 20% down payment // 13% ROI cash on cash! This gorgeous property is currently in the midst of a down to the studs remodel. Redesigned to appeal to the overnight rental market this property features: soaring cathedral ceilings, walls of glass, open kitchen - dining - living room area perfect for entertaining, heated indoor swimming pool, golf simulator, movie and game space, 4 spacious bedrooms, and 5 full bathrooms! Additional sleeping in game room/theater area! A tasteful combination of tongue and groove and drywall paired with modern light and water fixtures create an amazing ambiance that will appeal to a wide variety of guests! Conveniently located in the Wears Valley area, this property is only 15 minutes to Pigeon Forge Parkway and 10 minutes to up and coming Townsend! Easy access to the National Park through Line Springs Rd! You can even make your way to Gatlinburg using back roads to avoid the traffic. Est time of completion is April 2024.
- Directions
- From Pigeon Forge Traffic light #3 take Wears Valley Rd. Go 9.8 miles and turn RIGHT onto Happy Hollow Rd. Go .4 miles to home on LEFT. See sign. Home is just before you are able to veer RIGHT onto S. Clear Fork Rd.
Status Change Information
- Major Change Timestamp
- 2024-07-31T14:39:25Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2024-05-08T15:32:38Z
- Status Change Timestamp
- 2024-07-31
- Purchase Contract Date
- 2024-06-06
- Close Date
- 2024-07-29
- Close Price
- 2043122.61
- Buyer Financing
- Cash
- Anticipated Closing Date
- 2024-07-16
More Information
Fireplace Features
- Fireplaces Total
- Yes
- Electric
- Yes
Showing Requirements
- Showing Instructions
- For questions, to show, or submit an offer send to Greg Korlin at 865-643-2103 // gregkorlin@gmail.com.
- See Remarks
- Yes
Historical Information
- Public Historical Remarks
- Interior Features: Large Primary Bedroom
Location, Tax, and Legal
- New Construction YN
- No
- Restrictive Covenants YN
- Yes
- Zoning
- R-1
- Zoning Entity
- Sevier County
- Parcel Number
- 123 036.20
- Tax Lot
- 25R
- Book/Page/Doc #
- 6394, 531
- Tax Annual Amount
- 1238.76
- Tax Year
- 2022
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Electric Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Architectural Style
- Log
- Yes
Attic Features
- None
- Yes
Basement
- Basement
- Yes
- Finished
- Yes
Construction Materials
- Frame
- Yes
- Stone
- Yes
- Wood Siding
- Yes
Cooling
- Electric
- Yes
Exterior Features
- Rain Gutters
- Yes
Heating
- Electric
- Yes
Interior Features
- Cathedral Ceiling(s)
- Yes
- Ceiling Fan(s)
- Yes
- Great Room
- Yes
- Solid Surface Counters
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
- Washer Hookup
- Yes
Levels
- Two
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Sprinklers In Front
- Yes
- Sprinklers In Rear
- Yes
Patio And Porch Features
- Covered
- Yes
- Deck
- Yes
Pool Features
- In Ground
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- County Road
- Yes
- Easement
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Composition
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Septic Tank
- Yes
Water Source
- Shared Well
- Yes
Window Features
- Double Pane Windows
- Yes
- Window Treatments
- Yes
Listing Office:
Century 21 MVP
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.