4361 Forest Ridge Way, THE POOL PALACE, Pigeon Forge, TN 37863

$1,727,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 4,432 Status: Closed
Current Price: $1,727,000 List Date: 12/15/2021 Last Modified: 8/29/2024

Description

Buyers Financing Fell Through! Amazing investment opportunity! Projected rental of $190K gross + This spacious cabin can comfortably accommodate all your guests at nearly 4500sqft with oversize great room, vaulted ceilings and windows galore. The Pool Palace has 5 on suite king sized bedrooms, generous game room and separate theater room with seating for everyone. LARGE OPEN INDOOR POOL with lots of windows, has recently been upgraded. Cabin close to community pool. 3 levels of decks offering privacy, just 4 mins from the parkway. Perfect location in Pigeon Forge with easy access to Wears Valley, Sevierville and Gatlinburg and all area attractions such as Dollywood, Anakeesta and Mountain Coasters. With proven rental history, this cabin is the real deal. Cabin, The Pool Palace currently rented with Patriot Getaways

More Information MLS# 246512

Location, Tax, and Legal

Street Additional Info: THE POOL PALACE Restrictive Covenants YN: Yes Zoning: R-1 Zoning Entity: Sevier County Tax Lot: 63-R Book/Page/Doc #: 5319, 410 Tax Annual Amount: 2268.27 Tax Year: 2019

Contract Information

Association Type: Mandatory Owner Name: Rigg Properties Inc Listing Agreement: Exclusive Right To Sell Occupancy: Either Common Interest: Planned Development Association YN: Yes Association Fee: 100 Association Fee Frequency: Monthly Association Name: Sherwood Forest Association Email: pcampbell@fortnersmalley.com Current Price: $1,727,000 Original List Price: 1750000 Sold Price: $1,727,000 Status: Closed Listing Contract Date: 2021-12-15

General Property Information

Lot Size Acres: 0 Above Grade Finished Area: 2848 Below Grade Finished Area: 1584 Below Grade Unfinished Area: 0 Garage YN: No Bathrooms Half: 1 Garage Spaces: 0 Bonus Room YN: No Accessory Dwelling Unit YN: No Sign On Property YN: No Home Warranty YN: No Construction Type: Site Built List Price/SqFt: 394.86 Sold Price/SqFt: 389.67 Living Area: 4432 Bedrooms Total: 5 Bathrooms Total: 6 Bathrooms Full: 5 Year Built: 2016

Remarks and Miscellaneous

Public Remarks: Buyers Financing Fell Through! Amazing investment opportunity! Projected rental of $190K gross + This spacious cabin can comfortably accommodate all your guests at nearly 4500sqft with oversize great room, vaulted ceilings and windows galore. The Pool Palace has 5 on suite king sized bedrooms, generous game room and separate theater room with seating for everyone. LARGE OPEN INDOOR POOL with lots of windows, has recently been upgraded. Cabin close to community pool. 3 levels of decks offering privacy, just 4 mins from the parkway. Perfect location in Pigeon Forge with easy access to Wears Valley, Sevierville and Gatlinburg and all area attractions such as Dollywood, Anakeesta and Mountain Coasters. With proven rental history, this cabin is the real deal. Cabin, The Pool Palace currently rented with Patriot Getaways Directions: At light #10 in Pigeon Forge: Right on Conner Heights. Follow for .5 miles, left on Rush Branch. Go .9 miles, right into Sherwood Forest. Go through the gate. Cabin will be on the Left. The Pool Palace.

Status Change Information

Status Change Timestamp: 2022-04-05 Buyer Financing: Conventional Anticipated Closing Date: 2022-04-01 Major Change Timestamp: 2022-04-05T17:03:02Z Major Change Type: Status Change Purchase Contract Date: 2022-02-16 Close Date: 2022-04-05 Close Price: 1727000

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Range Hood: 1 Refrigerator: 1 Washer: 1

Architectural Style

Cabin: 1

Association Amenities

Pool: 1

Association Fee Includes

Insurance: 1 Maintenance Grounds: 1

Attic Features

None: 1

Basement

Basement: 1 Finished: 1

Construction Materials

Log: 1

Cooling

Central Air: 1

Fireplace Features

Electric: 1

Flooring

Wood: 1

Heating

Central: 1 Electric: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 Great Room: 1

Levels

Three Or More: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Lot Features

Wooded: 1

Parking Features

Driveway: 1 Paved: 1

Patio And Porch Features

Deck: 1

Pool Features

Hot Tub: 1 In Ground: 1 Private: 1

Possession

Close Of Escrow: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Security Features

Smoke Detector(s): 1

Sewer

Public Sewer: 1

Water Source

Private: 1

Showing Requirements

Showing Instructions: Please text listing agent to schedule all appointments at 865-607-9565. Cabin name: The Pool Palace, https://patriotgetaways.com/cabins/in-pigeon-forge/the-pool-palace.html Seller request cabin to stay on rental with Patriot Getaways 60 days after closing. All information deemed reliable, but not guaranteed by the listing agent. Buyer should verify all information of concern. See Remarks: 1

Location Tax and Legal

Street Number: 4361 Street Name: Forest Ridge Street Suffix: Way County: Sevier State: TN Zip Code: 37863 Property Sub Type: Single Family Residence MLS Area Major: Pigeon Forge Subdivision Name: Sherwood Forest

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Washer Architectural Style: Cabin Association Amenities: Pool Association Fee Includes: Insurance; Maintenance Grounds Attic Features: None Basement: Basement; Finished Construction Materials: Log Cooling: Central Air Fireplace Features: Electric Flooring: Wood Heating: Central; Electric Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Lot Features: Wooded Parking Features: Driveway; Paved Patio And Porch Features: Deck Pool Features: Hot Tub; In Ground; Private Possession: Close Of Escrow Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Water Source: Private Showing Requirements: See Remarks
Listing Office: United Real Estate Solutions
Last Updated: August - 29 - 2024
Information deemed reliable but not guaranteed.