4314 Covered Wagon Road, Majestic Point of View, Sevierville, TN 37862
$1,125,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
3,609
Lot Size (sq. ft.):
72,745
Status:
Closed
Current Price:
$1,125,000
List Date:
8/25/2023
Last Modified:
8/28/2024
Description
Two rental projections with an average of $117,000!! Seller willing to pay up to 2% of purchase price towards buyer's rate buy down. VIEWS, VIEWS, VIEWS! You can enjoy the beauty of both sunrises and sunsets from this home with spectacular views of The Smoky Mountains. Step into this beautiful, spacious home with wide plank wood flooring and large kitchen with an island that gives you seating in addition to the dining room table. The kitchen has all stainless steel appliances and a sink with a gorgeous mountain view. Imagine washing dishes looking out at the Smokies. The laundry room has a full size washer and dryer and separate half bath just off the kitchen. The Primary Suite is located on the main level with a large bathroom. Upstairs in the loft you will find a pool table/ping pong table and arcade game. Two beautiful bedroom suites on the upper level each have their own bathroom. Step downstairs and you will be greeted by a great theater room with plenty of comfy seating. The fourth bedroom is on the lower level and also has its own bathroom. You also have an attached garage in the basement that current owner uses as private storage. It also contains a new $7,000 900 gallon water storage system with a water filtration system. Large Hot Tub is less than 2 years old. The deck wraps around three sides of the home with comfy patio furniture and portable propane fire pit. This cabin has everything you need for a successful short term rental and is currently being rented. Would also be an excellent second or permanent home. It is turn-key. Drone Photography used in the listing
More Information MLS# 261040
Location, Tax, and Legal
Street Additional Info: Majestic Point of View
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Parcel Number: 113P A 027.00
Tax Lot: 27-E
Book/Page/Doc #: 5882, 74
Tax Annual Amount: 2396.49
Tax Year: 2022
Contract Information
Association Type: Mandatory
Owner Name: Stacy Giles
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: Yes
Association Fee: 25
Association Fee Frequency: Monthly
Association Name: The Homestead
Association Email: -
Current Price: $1,125,000
Original List Price: 1200000
Sold Price: $1,125,000
Status: Closed
Listing Contract Date: 2023-08-25
General Property Information
Lot Size Acres: 1.67
Above Grade Finished Area: 2489
Below Grade Finished Area: 1120
Below Grade Unfinished Area: 0
Bathrooms Half: 1
Garage Spaces: 1
Bonus Room YN: Yes
Number of Bonus Rooms: 1
Bonus Room Type(s): Theater Room
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 332.5
Sold Price/SqFt: 311.72
Living Area: 3609
Bedrooms Total: 4
Bathrooms Total: 5
Bathrooms Full: 4
Year Built: 2004
Remarks and Miscellaneous
Public Remarks: Two rental projections with an average of $117,000!! Seller willing to pay up to 2% of purchase price towards buyer's rate buy down. VIEWS, VIEWS, VIEWS! You can enjoy the beauty of both sunrises and sunsets from this home with spectacular views of The Smoky Mountains. Step into this beautiful, spacious home with wide plank wood flooring and large kitchen with an island that gives you seating in addition to the dining room table. The kitchen has all stainless steel appliances and a sink with a gorgeous mountain view. Imagine washing dishes looking out at the Smokies. The laundry room has a full size washer and dryer and separate half bath just off the kitchen. The Primary Suite is located on the main level with a large bathroom. Upstairs in the loft you will find a pool table/ping pong table and arcade game. Two beautiful bedroom suites on the upper level each have their own bathroom. Step downstairs and you will be greeted by a great theater room with plenty of comfy seating. The fourth bedroom is on the lower level and also has its own bathroom. You also have an attached garage in the basement that current owner uses as private storage. It also contains a new $7,000 900 gallon water storage system with a water filtration system. Large Hot Tub is less than 2 years old. The deck wraps around three sides of the home with comfy patio furniture and portable propane fire pit. This cabin has everything you need for a successful short term rental and is currently being rented. Would also be an excellent second or permanent home. It is turn-key. Drone Photography used in the listing
Directions: From Pigeon Forge take Wears Valley Road at stoplight #3 . Drive approx. 10 miles to a Right onto Happy Hollow Road. Go .5 miles to S. Clear Fork Road. Go .7 miles to a left onto Chamberlain Lane. Travel Approx. 1.5 miles. You will pass the Preserve entrance on your right. Take the next left at the top of the hill onto Stackstone Rd. Turn Left onto Covered Wagon Rd. First driveway on the left. See address 4314 at bottom of driveway *no sales signs are allowed in the subdivision*
Status Change Information
Status Change Timestamp: 2023-11-30
Buyer Financing: Conventional
Anticipated Closing Date: 2023-11-30
Major Change Timestamp: 2023-11-30T18:47:46Z
Major Change Type: Status Change
Purchase Contract Date: 2023-10-11
Close Date: 2023-11-30
Close Price: 1125000
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Attic Features
None: 1
Basement
Finished: 1
Walk-Out Access: 1
Construction Materials
Frame: 1
Cooling
Central Air: 1
Heat Pump: 1
Fireplace Features
Fireplaces Total: 1
Gas Log: 1
Heating
Heat Pump: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Parking Features
Basement: 1
Driveway: 1
Paved: 1
Private: 1
Patio And Porch Features
Covered: 1
Deck: 1
Pool Features
Hot Tub: 1
Rental
Off Site: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Septic Permit On File: 1
View
Mountain(s): 1
Water Source
Well: 1
Showing Requirements
Call Listing Agent: 1
Showing Instructions: Call Wendy Booth @865-654-2970 or Mark Booth at 865-654-2200**As with all Real Estate transactions Buyer(s) should verify all information independently including Restrictions, HOA info and Square Footage, Buy Title insurance, have a survey, home inspection, and all other needed inspections. Buy insurance. Equal housing opportunity. Most information from Tax records and not verified by listing agent/Company**
See Remarks: 1
Room Types
Bedroom 2: 1
Bedroom 2 Level: 2
Bedroom 3: 1
Bedroom 3 Level: 2
Bedroom 4: 1
Bedroom 4 Level: B
Primary Bedroom: 1
Primary Bedroom Level: 1
Location Tax and Legal
Street Number: 4314
Street Name: Covered Wagon
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Wears Valley
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style: Cabin
Attic Features: None
Basement: Finished; Walk-Out Access
Construction Materials: Frame
Cooling: Central Air; Heat Pump
Fireplace Features: Gas Log
Heating: Heat Pump
Listing Terms: 1031 Exchange; Cash; Conventional
Parking Features: Driveway; Paved; Private
Patio And Porch Features: Covered; Deck
Pool Features: Hot Tub
Rental: Off Site
Road Surface Type: Paved
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Septic Tank; Septic Permit On File
View: Mountain(s)
Water Source: Well
Showing Requirements: Call Listing Agent; See Remarks
Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Primary Bedroom
Room Information
Primary Bedroom
Level: First
Bedroom 2
Level: Second
Bedroom 3
Level: Second
Bedroom 4
Level: Basement
Primary Bedroom
Level: First
Bedroom 2
Level: Second
Bedroom 3
Level: Second
Bedroom 4
Level: Basement
Listing Office:
Mountain Realty Group
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.