3622 Parkland Way, Gatlinburg, TN 37738

$851,700
Property Type: Residential Bedrooms: 4 Baths: 4 Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $851,700 List Date: 4/23/2023 Last Modified: 8/29/2024

Overview

Description

Guests will enjoy the luxurious touches in this investor friendly 4bd/4ba cabin with rental company revenue projections of $110K/yr. Completed in late summer of 2022, the two-story design offers popular guest amenities: plenty of living and sleeping space, granite counter tops, stainless steel appliances, a fireplace and luxury linens. The cabin is the epitome of turn key with a fully stocked kitchen and fully stocked owners closet (all owners closet contents convey!). The cabin is steps from the well-appointed White Oak Lodge and Resort amenities center. The White Oak Lodge Resort features a fitness center, hiking trails, outdoor spa, grotto pool, tennis courts, basketball courts and community barbecue stations. The monthly resort fee includes trash, cable AND propane. This cabin is turn-key rental ready to host guests just in time for peak rental season!

Listing Details MLS# 256903

General Property Information

Lot Size Acres
0.12
Bedrooms Total
4
Bathrooms Total
4
Bathrooms Full
4
Garage YN
No
Year Built
2022
Bonus Room YN
Yes
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
374.96
Sold Price/SqFt
380.22
Above Grade Finished Area
0
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin; Chalet; Craftsman; Log Association Amenities: Clubhouse; Pool; Tennis Court(s) Association Fee Includes: Cable TV; Gas; Internet; Maintenance Grounds; Maintenance Structure; Roads Attic Features: None Basement: Crawl Space; None Community Features: Tennis Court(s) Construction Materials: Log Cooling: Central Air; Electric; Zoned Exterior Features: Rain Gutters Fireplace Features: Electric Flooring: Wood Heating: Central; Electric; Forced Air; Heat Pump; Zoned Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); High Speed Internet; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Lot Features: Level Parking Features: Driveway; Paved Patio And Porch Features: Covered; Porch; Screened Pool Features: Hot Tub; Private Possession: Close Of Escrow Rental: Rental History Road Frontage Type: Private Road Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Shared Septic View: Mountain(s) Water Source: Private Window Features: Double Pane Windows; Window Treatments Showing Requirements: Call Listing Agent; See Remarks

Location Tax and Legal

Street Number
3622
Street Name
Parkland
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Gatlinburg
Subdivision Name
White Oak Lodge & Resort

Contract Information

Original List Price
839900
Listing Contract Date
2023-04-23
Owner Name
Brisbin
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Rental History Gross Amount 1
21307
Rental History Year 1
2022
Association YN
Yes
Association Fee
403.33
Association Fee Frequency
Monthly
Association Name
White Oak Lodge and Resort
Association Email
Ddawson@exploregci.com
Association Type
Mandatory
Rental History Gross Amount 2
0

Remarks and Miscellaneous

Public Remarks
Guests will enjoy the luxurious touches in this investor friendly 4bd/4ba cabin with rental company revenue projections of $110K/yr. Completed in late summer of 2022, the two-story design offers popular guest amenities: plenty of living and sleeping space, granite counter tops, stainless steel appliances, a fireplace and luxury linens. The cabin is the epitome of turn key with a fully stocked kitchen and fully stocked owners closet (all owners closet contents convey!). The cabin is steps from the well-appointed White Oak Lodge and Resort amenities center. The White Oak Lodge Resort features a fitness center, hiking trails, outdoor spa, grotto pool, tennis courts, basketball courts and community barbecue stations. The monthly resort fee includes trash, cable AND propane. This cabin is turn-key rental ready to host guests just in time for peak rental season!
Directions
From downtown Gatlinburg take 321 East for 10.3 miles to a right turn at White Oak Lodge & Resort. Parkland Way is the first right past the amenities center. Turn left at the 'T' at the end of Parkland Way. Cabin is at the end of the drive on the right side.

Status Change Information

Major Change Timestamp
2023-05-26T17:38:24Z
Major Change Type
Status Change
Status Change Timestamp
2023-05-26
Purchase Contract Date
2023-05-03
Close Date
2023-05-26
Close Price
851700
Buyer Financing
Conventional
Anticipated Closing Date
2023-05-24

More Information

Showing Requirements

Showing Instructions
The entire contents of the owners closet convey, including all white sheets and towels. Cabin went live in Aug 2022. Taxes listed are for pre-construction lot only. Revised taxes with structure are estimated to be $1,956. Attached pro-forma contains expenses, rental history and future rental income for 2023. Contact Karen Chenaille at 865-770-0743 for code to show. Buyer/buyers agent to verify all information including future taxes. Air BnB Listing link: https://www.airbnb.com/rooms/657387051550301066
Call Listing Agent
Yes
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
Parcel Number
109L A 057.00
Tax Lot
/57
Book/Page/Doc #
LM 8, 35
Tax Annual Amount
153
Tax Year
2022

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Cooktop
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Chalet
Yes
Craftsman
Yes
Log
Yes

Association Amenities

Clubhouse
Yes
Pool
Yes
Tennis Court(s)
Yes

Association Fee Includes

Cable TV
Yes
Gas
Yes
Internet
Yes
Maintenance Grounds
Yes
Maintenance Structure
Yes
Roads
Yes

Attic Features

None
Yes

Basement

Crawl Space
Yes
None
Yes

Community Features

Tennis Court(s)
Yes

Construction Materials

Log
Yes

Cooling

Central Air
Yes
Electric
Yes
Zoned
Yes

Exterior Features

Rain Gutters
Yes

Fireplace Features

Electric
Yes

Flooring

Wood
Yes

Heating

Central
Yes
Electric
Yes
Forced Air
Yes
Heat Pump
Yes
Zoned
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
High Speed Internet
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
FHA
Yes
VA Loan
Yes

Lot Features

Level
Yes

Parking Features

Driveway
Yes
Paved
Yes

Patio And Porch Features

Covered
Yes
Porch
Yes
Screened
Yes

Pool Features

Hot Tub
Yes
Private
Yes

Possession

Close Of Escrow
Yes

Rental

Rental History
Yes

Road Frontage Type

Private Road
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Shared Septic
Yes

View

Mountain(s)
Yes

Water Source

Private
Yes

Window Features

Double Pane Windows
Yes
Window Treatments
Yes
Listing Office: eXp Realty, LLC 7720
Last Updated: August - 29 - 2024
Information deemed reliable but not guaranteed.