4137 Ole Smoky Way, Sevierville, TN 37862
$1,445,000
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
3,360
Lot Size (sq. ft.):
39,640
Status:
Closed
Current Price:
$1,445,000
List Date:
2/16/2022
Last Modified:
8/26/2024
Description
This high INCOME producing 3 story, 4 BD/4 BA, log cabin is truly one of a kind. Luxurious & Cozy! Offering beautiful wooded & year round Mountain VIEWs, privacy, tons of space, lots of indoor & outdoor entertainment, great location, and a RENTAL GUARANTEE of $160,000 - $170,000!!!!! Sitting on almost 1 acre and Located in the beautiful Wears Valley area, only 3 miles from the National Park, and has everything you could ask for. Arcade games, pool table, foosball, 2 large decks, outdoor grilling, hot tub, fire pit, kids outdoor play set, private workout room w/ mountain views, and the downstairs has a HUGE game room/media room PLUS a unique “cabin inside the big cabin” just for kids. With 3,300+ sq. ft. it is currently sleeping 14, but could easily sleep at least 16 or more. For $250 a year, owners & guests can have unlimited access to Honeysuckle Meadows pool, pond, & grill. The cabin has all NEW, UPDATED Decor, bedding, and also comes with ALL NEW items in the fully stocked kitchen. Currently being self managed on vrbo & airbnb ( http://www.vrbo.com/2475423 ) - See current rental numbers and Venture Resort's guarantee of $160,000.00 (85/15 split) in assoc. Docs. Cabin is available to view Wednesday 2/16 & Thursday 2/17
More Information MLS# 247437
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Tax Lot: 66
Book/Page/Doc #: 5854, 230
Tax Annual Amount: 1126.23
Tax Year: 2019
Contract Information
Association Type: Mandatory
Owner Name: Stewart
Occupancy: Either
Rental History Gross Amount 1: 160000
Rental History Year 1: 2022
Association YN: Yes
Association Fee: 175
Association Fee Frequency: Annually
Association Name: Wonderland Woods HOA
Association Email: mjh@itsrecycled.com
Current Price: $1,445,000
Original List Price: 1350000
Sold Price: $1,445,000
Status: Closed
Listing Contract Date: 2022-02-16
General Property Information
Lot Size Acres: 0.91
Above Grade Finished Area: 2176
Below Grade Finished Area: 1184
Below Grade Unfinished Area: 0
Garage YN: Yes
Bathrooms Half: 0
Attached Garage YN: Yes
Garage Spaces: 1
Bonus Room YN: Yes
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: Yes
Home Warranty YN: No
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 401.79
Sold Price/SqFt: 430.06
Living Area: 3360
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 2002
Remarks and Miscellaneous
Public Remarks: This high INCOME producing 3 story, 4 BD/4 BA, log cabin is truly one of a kind. Luxurious & Cozy! Offering beautiful wooded & year round Mountain VIEWs, privacy, tons of space, lots of indoor & outdoor entertainment, great location, and a RENTAL GUARANTEE of $160,000 - $170,000!!!!! Sitting on almost 1 acre and Located in the beautiful Wears Valley area, only 3 miles from the National Park, and has everything you could ask for. Arcade games, pool table, foosball, 2 large decks, outdoor grilling, hot tub, fire pit, kids outdoor play set, private workout room w/ mountain views, and the downstairs has a HUGE game room/media room PLUS a unique “cabin inside the big cabin” just for kids. With 3,300+ sq. ft. it is currently sleeping 14, but could easily sleep at least 16 or more. For $250 a year, owners & guests can have unlimited access to Honeysuckle Meadows pool, pond, & grill. The cabin has all NEW, UPDATED Decor, bedding, and also comes with ALL NEW items in the fully stocked kitchen. Currently being self managed on vrbo & airbnb ( http://www.vrbo.com/2475423 ) - See current rental numbers and Venture Resort's guarantee of $160,000.00 (85/15 split) in assoc. Docs. Cabin is available to view Wednesday 2/16 & Thursday 2/17
Directions: Put 4125 Ole Smoky Way in GPS for best directions. From the Parkway in Pigeon Forge, take Wears Valley Rd. for 9.6 miles and then LEFT onto Manis Rd.- go half a mile and stay to the left to follow Ginseng Way. When you come to the 4 way stop continue straight on Ginseng Way/Ole Smoky Way. Continue up Ole Smoky Way and stay to your left. GPS will take you to the bottom of the property so continue to 4125 Ole Smoky Way, you will see a black gate and then u turn left onto gravel drive. Stay straight and cabin is at the very end of that road.
Status Change Information
Status Change Timestamp: 2022-04-01
Buyer Financing: Conventional
Anticipated Closing Date: 2022-04-01
Major Change Timestamp: 2022-04-01T17:06:48Z
Major Change Type: Status Change
Purchase Contract Date: 2022-02-17
Close Date: 2022-04-01
Close Price: 1445000
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Log: 1
Association Fee Includes
Roads: 1
Attic Features
None: 1
Basement
Basement: 1
Finished: 1
Construction Materials
Log: 1
Log Siding: 1
Cooling
Central Air: 1
Gas: 1
Heat Pump: 1
Exterior Features
Rain Gutters: 1
Storage: 1
Fireplace Features
Electric: 1
Flooring
Wood: 1
Heating
Central: 1
Heat Pump: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Formal Dining: 1
Great Room: 1
High Speed Internet: 1
Soaking Tub: 1
Solid Surface Counters: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Three Or More: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Private: 1
Parking Features
Driveway: 1
Private: 1
Patio And Porch Features
Covered: 1
Deck: 1
Porch: 1
Pool Features
Hot Tub: 1
Possession
Close Of Escrow: 1
Rental
Off Site: 1
Road Frontage Type
County Road: 1
Roof
Metal: 1
Security Features
Smoke Detector(s): 1
Sewer
Septic Tank: 1
View
Mountain(s): 1
Water Source
Shared Well: 1
Window Features
Double Pane Windows: 1
Showing Requirements
Showing Instructions: Multiple offers, submit highest and best by 8:00pm on Thursday Feb.17 and allow response time of 10:00 am on February 18th .Available to show 2/16 & 2/17. Schedule through showing time. PLEASE LEAVE ALL LIGHTS ON. Current owners rental numbers are in docs, They started renting it mid October and have 52K on the books. Venture guaranteed 160k for a year with 85/15 split. Contact Austen for offers or info.
Historical Information
Public Historical Remarks: Interior Features: Large Primary Bedroom, Fireplace: 3 or More
Location Tax and Legal
Street Number: 4137
Street Name: Ole Smoky
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Wears Valley
Subdivision Name: Wonderland Woods
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style: Cabin; Log
Association Fee Includes: Roads
Attic Features: None
Basement: Basement; Finished
Construction Materials: Log; Log Siding
Cooling: Central Air; Gas; Heat Pump
Exterior Features: Rain Gutters; Storage
Fireplace Features: Electric
Flooring: Wood
Heating: Central; Heat Pump
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Formal Dining; Great Room; High Speed Internet; Soaking Tub; Solid Surface Counters
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Three Or More
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Private
Parking Features: Driveway; Private
Patio And Porch Features: Covered; Deck; Porch
Pool Features: Hot Tub
Possession: Close Of Escrow
Rental: Off Site
Road Frontage Type: County Road
Roof: Metal
Security Features: Smoke Detector(s)
Sewer: Septic Tank
View: Mountain(s)
Water Source: Shared Well
Window Features: Double Pane Windows
Listing Office:
eXp Realty, LLC Maryville
Last Updated: August - 26 - 2024
Information deemed reliable but not guaranteed.