406 King Branch Road, Sevierville, TN 37876

$845,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,392 Lot Size (sq. ft.): 94,961 Status: Closed
Current Price: $845,000 List Date: 9/29/2022 Last Modified: 8/29/2024

Overview

Description

Two of the best-located, best-cared-for investment cabins on the market in the Smokies with one of the most creative outdoor amenities you'll find anywhere. Welcome to the Creekside Barn featuring two adorable cabins, a babbling creek across the front of the property, and a spacious activity barn that includes putt-putt golf, a rock climbing wall, an outdoor lounge, and a pool table! Plus hot tubs for each cabin and lots of area-inspired decor. While the outdoor amenities are a huge draw for this property, the location comes in a close second as the most raved-about feature. Just minutes from the action of Pigeon Forge and 7 minutes from Gatlinburg! Tongue and Groove woodwork throughout both properties adorn open-concept living/kitchen areas. Each cabin has its own hot tub and shares the other outdoor amenities. As an overnight rental it is currently on track to do $95K in 2022 (a partial year under new management) and projected to do $120K in 2023. Each cabin has its own parkin ...

Listing Details MLS# 254165

General Property Information

Lot Size Acres
2.18
Living Area
2392
Above Grade Finished Area
2392
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Garage YN
No
Year Built
1999
Bonus Room YN
No
Accessory Dwelling Unit YN
Yes
Sign On Property YN
No
Home Warranty YN
No
Construction Type
Site Built
List Price/SqFt
359.11
Sold Price/SqFt
353.26
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Architectural Style: Cabin Basement: Crawl Space; None Construction Materials: Wood Siding Cooling: Central Air Exterior Features: Rain Gutters Heating: Central Interior Features: Ceiling Fan(s) Listing Terms: 1031 Exchange; Cash; Conventional Possession: Close Of Escrow Road Frontage Type: County Road Roof: Metal Sewer: Septic Tank Water Source: Shared Well

Location Tax and Legal

Street Number
406
Street Name
King Branch
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37876
Property Sub Type
Single Family Residence
MLS Area Major
Gatlinburg
Subdivision Name
Other

Contract Information

Original List Price
899000
Listing Contract Date
2022-09-29
Owner Name
Harris Peter Harris Lounifel
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
No

Remarks and Miscellaneous

Public Remarks
Two of the best-located, best-cared-for investment cabins on the market in the Smokies with one of the most creative outdoor amenities you'll find anywhere. Welcome to the Creekside Barn featuring two adorable cabins, a babbling creek across the front of the property, and a spacious activity barn that includes putt-putt golf, a rock climbing wall, an outdoor lounge, and a pool table! Plus hot tubs for each cabin and lots of area-inspired decor. While the outdoor amenities are a huge draw for this property, the location comes in a close second as the most raved-about feature. Just minutes from the action of Pigeon Forge and 7 minutes from Gatlinburg! Tongue and Groove woodwork throughout both properties adorn open-concept living/kitchen areas. Each cabin has its own hot tub and shares the other outdoor amenities. As an overnight rental it is currently on track to do $95K in 2022 (a partial year under new management) and projected to do $120K in 2023. Each cabin has its own parking area. Current owners offer the cabins separately and as a pair to potential guests. One of the cabins is a 1-bedroom, 1-bath that sleeps 4 comfortably. The other is a 2-bed, 2-bath with bonus space that helps accommodate additional guests.
Directions
From Pigeon Forge take Hwy 321 towards Gatlinburg. Turn left onto Gum Stand Bridge then left on Hwy 321 North. Scoot over to the right lane and turn right onto Gnatty Branch Rd then immediately turn right onto King Branch Rd. The property will be on your right just around the curve.

Status Change Information

Major Change Timestamp
2022-12-22T18:25:54Z
Major Change Type
Status Change
Price Change Timestamp
2022-10-18T22:53:10Z
Status Change Timestamp
2022-12-22
Purchase Contract Date
2022-11-08
Close Date
2022-12-22
Close Price
845000
Buyer Financing
Conventional
Anticipated Closing Date
2022-01-04

More Information

Accessory Dwelling Unit Information

ADU SqFt
600

Fireplace Features

Fireplaces Total
2

Showing Requirements

Showing Instructions
To schedule a showing call/text Jeromy Adams (281) 630-6995. All offers MUST include buyer signed associated documents and proof of funds/pre-approval. Email offers to hotsrealestate@gmail.com. Offers to have a response time of at least 24 hours. Information presented in listing was provided by tax records and/or seller and has not been independently verified by the listing agent. It is deemed to be correct, however buyers should verify all information that is important to them, such as square footage, restrictions, HOA details, etc.

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
A-1
Zoning Entity
Sevier County
Tax Lot
6
Book/Page/Doc #
5763, 24
Tax Annual Amount
1066.71
Tax Year
2021

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes

Basement

Crawl Space
Yes
None
Yes

Construction Materials

Wood Siding
Yes

Cooling

Central Air
Yes

Exterior Features

Rain Gutters
Yes

Heating

Central
Yes

Interior Features

Ceiling Fan(s)
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

County Road
Yes

Roof

Metal
Yes

Sewer

Septic Tank
Yes

Water Source

Shared Well
Yes
Listing Office: Mountain Realty Group
Last Updated: August - 29 - 2024
Information deemed reliable but not guaranteed.