4533 Shangrila Way, Sevierville, TN 37876

$1,100,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 3,456 Status: Closed
Current Price: $1,100,000 List Date: 5/27/2024 Last Modified: 8/30/2024

Overview

Description

2023 Gross Rental Income @ $147,335.80 and a perfect 5.0 stars after 50+ reviews. This like new & turnkey cabin with amazing views is strategically located halfway between Pigeon Force and Gatlinburg. The main floor features a large family room and open concept kitchen with a master on the main. Downstairs features the entertainment section of cabin with an open concept theater room & game room with an additional bed/bunk room. The upstairs has 3 private bedrooms each with their own private ensuite bathrooms. The property has to large decks off the main floor and bottom floor to soak in that classic long range Smoky Mountain View. Cabins like these, with a stellar location and a great view, don't come along too often so ask your realtor for a showing or the virtual walkthrough video today.

Listing Details MLS# 301214

General Property Information

Stories Total
3
Lot Size Source
Public Records
Living Area
3456
Living Area Source
Public Records
Above Grade Finished Area
2304
Below Grade Finished Area
1152
Bedrooms Total
4
Bathrooms Total
6
Bathrooms Full
4
Bathrooms Half
2
Garage YN
No
Attached Garage YN
No
Fireplace YN
Yes
Year Built
2021
Bonus Room YN
Yes
Number of Bonus Rooms
Yes
Bonus Room Type(s)
Bunk room downstairs with bunk beds (3 levels queen size)
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Property Attached YN
No
Construction Type
Site Built
Horse YN
No
Planned Unit Development (PUD)
Yes
View YN
Yes
Waterfront YN
No
Accessibility Features YN
No
List Price/SqFt
347.22
Sold Price/SqFt
318.29
Lot Size Acres
0
Below Grade Unfinished Area
0
Unfinished Area Total
0
Garage Spaces
0
Carport Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin Attic Features: None Basement: Finished; Walk-Out Access Common Walls: No Common Walls Construction Materials: Frame; Wood Siding Cooling: Central Air; Electric; Heat Pump Current Use: Residential Documents: TN Prop Residential Condition Disc or Ex Documents Available: Financial Statement; Property Disclosure Exterior Features: Rain Gutters Fireplace Features: Electric Flooring: Luxury Vinyl Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Eat-in Kitchen; Granite Counters; Great Room; Kitchen Island; Living/Dining Combo; Soaking Tub; Storage; Walk-In Shower(s) Laundry Features: Electric Dryer Hookup; Laundry Closet; Lower Level; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Lock Box Information: See Remarks Lot Features: Cleared; Landscaped; Paved; Sloped Down; Views Other Equipment: Satellite Dish; Satellite Dish Leased Parking Features: Off Street; On Site Patio And Porch Features: Deck Pool Features: None Possession: Close Of Escrow Rental: Rental History Road Frontage Type: Private Road Road Responsibility: Private Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Utilities: Electricity Connected; High Speed Internet Connected; Satellite Dish Connected; Sewer Connected; Water Connected View: Mountain(s); Seasonal; Trees/Woods; Other Water Source: Public Window Features: Window Treatments Showing Considerations: Occupied Showing Requirements: Appointment Only

Location Tax and Legal

Street Number
4533
Street Name
Shangrila
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37876
Property Sub Type
Single Family Residence
MLS Area Major
Sevierville
Subdivision Name
Mountain Shangrila

Contract Information

Original List Price
1200000
Listing Contract Date
2024-05-27
Auction YN
No
Owner Name
Daily
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Rental History Gross Amount 1
147335.8
Rental History Year 1
2023
Association YN
Yes
Association Fee
100
Association Fee Frequency
Monthly
Association Name
Mountain Shangrila HOA
Association Phone
305-978-9294
Association Email
TBD
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
2023 Gross Rental Income @ $147,335.80 and a perfect 5.0 stars after 50+ reviews. This like new & turnkey cabin with amazing views is strategically located halfway between Pigeon Force and Gatlinburg. The main floor features a large family room and open concept kitchen with a master on the main. Downstairs features the entertainment section of cabin with an open concept theater room & game room with an additional bed/bunk room. The upstairs has 3 private bedrooms each with their own private ensuite bathrooms. The property has to large decks off the main floor and bottom floor to soak in that classic long range Smoky Mountain View. Cabins like these, with a stellar location and a great view, don't come along too often so ask your realtor for a showing or the virtual walkthrough video today.
Directions
GPS FRIENDLY! From Gatlinburg, take Parkway north towards Pigeon Forge. Right on King Branch. Left on Gnatty Branch Rd. Left on Shangrila Way. Cabin on left. No realtor sign on property.

Status Change Information

Major Change Timestamp
2024-07-10T16:43:10Z
Major Change Type
Status Change
Status Change Timestamp
2024-07-10
Purchase Contract Date
2024-05-30
Close Date
2024-07-09
Close Price
1100000
Buyer Financing
Conventional
Anticipated Closing Date
2024-07-09

More Information

Fireplace Features

Fireplaces Total
2
Electric
Yes

Main Room Levels

Main Level Bathrooms
15
Main Level Bedrooms
Yes

Showing Requirements

Showing Instructions
Text Matt Castle @ 276-477-9309 for showing availability
Appointment Only
Yes

Location, Tax, and Legal

City/County
County
New Construction YN
No
Restrictive Covenants YN
Yes
Zoning
R1
Zoning Entity
Sevier County
Parcel Number
106 051.00
Tax Lot
22
Tax Annual Amount
3795.9
Tax Year
2023
City Tax
0
County Tax
3795.9
Elementary School
Other
Middle Or Junior School
Other
High School
Other

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes

Attic Features

None
Yes

Basement

Finished
Yes
Walk-Out Access
Yes

Common Walls

No Common Walls
Yes

Construction Materials

Frame
Yes
Wood Siding
Yes

Cooling

Central Air
Yes
Electric
Yes
Heat Pump
Yes

Current Use

Residential
Yes

Documents

TN Prop Residential Condition Disc or Ex
Yes

Documents Available

Financial Statement
Yes
Property Disclosure
Yes

Exterior Features

Rain Gutters
Yes

Flooring

Luxury Vinyl
Yes

Heating

Central
Yes
Electric
Yes
Heat Pump
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Eat-in Kitchen
Yes
Granite Counters
Yes
Great Room
Yes
Kitchen Island
Yes
Living/Dining Combo
Yes
Soaking Tub
Yes
Storage
Yes
Walk-In Shower(s)
Yes

Laundry Features

Electric Dryer Hookup
Yes
Laundry Closet
Yes
Lower Level
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lock Box Information

See Remarks
Yes

Lot Features

Cleared
Yes
Landscaped
Yes
Paved
Yes
Sloped Down
Yes
Views
Yes

Other Equipment

Satellite Dish
Yes
Satellite Dish Leased
Yes

Parking Features

Off Street
Yes
On Site
Yes

Patio And Porch Features

Deck
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Rental

Rental History
Yes

Road Frontage Type

Private Road
Yes

Road Responsibility

Private Maintained Road
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Utilities

Electricity Connected
Yes
High Speed Internet Connected
Yes
Satellite Dish Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

Mountain(s)
Yes
Seasonal
Yes
Trees/Woods
Yes
Other
Yes

Water Source

Public
Yes

Window Features

Window Treatments
Yes

Showing Considerations

Occupied
Yes
Listing Office: eXp Realty, LLC 7720
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.