3867 Holders Grove Road, Cosby, TN 37722
$800,700
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
2,344
Lot Size (sq. ft.):
43,996
Status:
Closed
Current Price:
$800,700
List Date:
1/12/2023
Last Modified:
9/02/2024
Overview
Description
...
(Read more)
Ridiculous Views AND flat ground!? Yes, that is what this property offers. This is a great short term rental opportunity at a great price for a brand new 3 bedroom cabin. With rental projections of $105-$115,000+, this property would make a great addition to your real estate portfolio. Cabin sits on an acre of flat ground and is positioned in such a way to showcase the amazing mountain views from all areas of the cabin. There is also a beautiful stone fire-pit with poly-wood Adirondack chairs for people to enjoy an evening fire while enjoying the beautiful views. The cabin features 4 full bedrooms with ensuite bathrooms, a large kitchen with plenty of cabinet and countertop space along with leathered granite countertops. The living room/great room has cathedral ceilings, floor to ceiling stone fireplace, and a wall of windows to showcase those mountain views. The cabins of Majestic View have no restrictions and there is no HOA. They are on well and septic so the only utility costs are electric and digital services. Very low overhead! This is a great opportunity in this changing market to take advantage of a property that has the potential of generating 11-14+% ROI (gross rent:purchase price).
Listing Details MLS# 255400
General Property Information
- Lot Size Acres
- 1.01
- Living Area
- 2344
- Above Grade Finished Area
- 2344
- Bedrooms Total
- 3
- Bathrooms Total
- 4
- Bathrooms Full
- 4
- Garage YN
- No
- Year Built
- 2022
- Bonus Room YN
- No
- Accessory Dwelling Unit YN
- No
- Sign On Property YN
- Yes
- Home Warranty YN
- No
- Furnished
- Furnished
- Construction Type
- Site Built
- View YN
- Yes
- List Price/SqFt
- 373.29
- Sold Price/SqFt
- 341.6
- Below Grade Finished Area
- 0
- Below Grade Unfinished Area
- 0
- Bathrooms Half
- 0
- Garage Spaces
- 0
Property Features
Appliances:
Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style:
Chalet; Cottage; Craftsman
Attic Features:
Access Only
Basement:
Crawl Space; None
Construction Materials:
Cedar; Cement Siding; Frame; Stone
Cooling:
Central Air; Electric; Heat Pump
Exterior Features:
Rain Gutters
Fireplace Features:
Electric
Flooring:
Wood
Heating:
Central; Electric; Heat Pump
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:
Level
Parking Features:
Driveway; Paved
Patio And Porch Features:
Covered; Deck
Pool Features:
Hot Tub
Possession:
Close Of Escrow
Road Frontage Type:
County Road
Road Surface Type:
Paved
Roof:
Composition
Security Features:
Smoke Detector(s)
Sewer:
Septic Tank
Utilities:
Cable Available
View:
Mountain(s)
Water Source:
Well
Window Features:
Window Treatments
Showing Requirements:
Appointment Only; See Remarks
Location Tax and Legal
- Street Number
- 3867
- Street Name
- Holders Grove
- Street Suffix
- Road
- County
- Cocke
- State
- TN
- Zip Code
- 37722
- Property Sub Type
- Single Family Residence
- MLS Area Major
- Cosby
- Subdivision Name
- Majestic View
Contract Information
- Original List Price
- 875000
- Listing Contract Date
- 2023-01-12
- Owner Name
- Husky/Carr
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- Ridiculous Views AND flat ground!? Yes, that is what this property offers. This is a great short term rental opportunity at a great price for a brand new 3 bedroom cabin. With rental projections of $105-$115,000+, this property would make a great addition to your real estate portfolio. Cabin sits on an acre of flat ground and is positioned in such a way to showcase the amazing mountain views from all areas of the cabin. There is also a beautiful stone fire-pit with poly-wood Adirondack chairs for people to enjoy an evening fire while enjoying the beautiful views. The cabin features 4 full bedrooms with ensuite bathrooms, a large kitchen with plenty of cabinet and countertop space along with leathered granite countertops. The living room/great room has cathedral ceilings, floor to ceiling stone fireplace, and a wall of windows to showcase those mountain views. The cabins of Majestic View have no restrictions and there is no HOA. They are on well and septic so the only utility costs are electric and digital services. Very low overhead! This is a great opportunity in this changing market to take advantage of a property that has the potential of generating 11-14+% ROI (gross rent:purchase price).
- Directions
- From Gatlinburg travel Hwy 321 approx. 20 miles to a left on Ball Park. Ball Park automatically turns into Holders Grove. House is the first on left past County Line Road. From I-40/Newport travel 321 approx. 10 miles to a right on Bal Park. Ball Park automatically turns into Holders Grove. House is the first on left past County Line Road.
Status Change Information
- Major Change Timestamp
- 2023-02-28T18:31:06Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2023-02-28
- Purchase Contract Date
- 2023-01-28
- Close Date
- 2023-02-28
- Close Price
- 800700
- Buyer Financing
- Conventional
- Anticipated Closing Date
- 2023-02-27
More Information
Fireplace Features
- Fireplaces Total
- Yes
- Electric
- Yes
Showing Requirements
- Showing Instructions
- To schedule a showing, call/text Christian Maloney at 865-809-3344. **ALL OFFERS TO INCLUDE ALL ASSOCIATED DOCUMENT DISCLOSURES** and to be sent to matthew@themaloneyteam.com.
- Appointment Only
- Yes
- See Remarks
- Yes
Historical Information
- Public Historical Remarks
- Interior Features: Large Primary Bedroom
Location, Tax, and Legal
- Restrictive Covenants YN
- No
- Zoning
- None
- Zoning Entity
- Cocke County
- Tax Lot
- 1D
- Book/Page/Doc #
- 1540, 510
- Tax Annual Amount
- 812
- Tax Year
- 2022
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Electric Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Architectural Style
- Chalet
- Yes
- Cottage
- Yes
- Craftsman
- Yes
Attic Features
- Access Only
- Yes
Basement
- Crawl Space
- Yes
- None
- Yes
Construction Materials
- Cedar
- Yes
- Cement Siding
- Yes
- Frame
- Yes
- Stone
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Exterior Features
- Rain Gutters
- Yes
Flooring
- Wood
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Heat Pump
- 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
- Level
- Yes
Parking Features
- Driveway
- Yes
- Paved
- Yes
Patio And Porch Features
- Covered
- Yes
- Deck
- Yes
Pool Features
- Hot Tub
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- County Road
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Composition
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Septic Tank
- Yes
Utilities
- Cable Available
- Yes
View
- Mountain(s)
- Yes
Water Source
- Well
- Yes
Window Features
- Window Treatments
- Yes
Listing Office:
Prime Mountain Properties
Last Updated: September - 02 - 2024
Information deemed reliable but not guaranteed.