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
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.
More Information MLS# 301214
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
Contract Information
Association Type: Mandatory
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
Current Price: $1,100,000
Original List Price: 1200000
Sold Price: $1,100,000
Status: Closed
Listing Contract Date: 2024-05-27
General Property Information
Stories Total: 3
Lot Size Acres: 0
Lot Size Source: Public Records
Living Area Source: Public Records
Above Grade Finished Area: 2304
Below Grade Finished Area: 1152
Below Grade Unfinished Area: 0
Unfinished Area Total: 0
Garage YN: No
Bathrooms Half: 2
Attached Garage YN: No
Garage Spaces: 0
Carport Spaces: 0
Fireplace YN: Yes
Bonus Room YN: Yes
Number of Bonus Rooms: 1
Bonus Room Type(s): Bunk room downstairs with bunk beds (3 levels queen size)
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
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
Living Area: 3456
Bedrooms Total: 4
Bathrooms Total: 6
Bathrooms Full: 4
Year Built: 2021
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
Status Change Timestamp: 2024-07-10
Buyer Financing: Conventional
Anticipated Closing Date: 2024-07-09
Major Change Timestamp: 2024-07-10T16:43:10Z
Major Change Type: Status Change
Purchase Contract Date: 2024-05-30
Close Date: 2024-07-09
Close Price: 1100000
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
Common Walls
No Common Walls: 1
Construction Materials
Frame: 1
Wood Siding: 1
Cooling
Central Air: 1
Electric: 1
Heat Pump: 1
Current Use
Residential: 1
Documents
TN Prop Residential Condition Disc or Ex: 1
Documents Available
Financial Statement: 1
Property Disclosure: 1
Exterior Features
Rain Gutters: 1
Fireplace Features
Fireplaces Total: 2
Electric: 1
Flooring
Luxury Vinyl: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Eat-in Kitchen: 1
Granite Counters: 1
Great Room: 1
Kitchen Island: 1
Living/Dining Combo: 1
Soaking Tub: 1
Storage: 1
Walk-In Shower(s): 1
Laundry Features
Electric Dryer Hookup: 1
Laundry Closet: 1
Lower Level: 1
Washer Hookup: 1
Levels
Three Or More: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lock Box Information
See Remarks: 1
Lot Features
Cleared: 1
Landscaped: 1
Paved: 1
Sloped Down: 1
Views: 1
Main Room Levels
Main Level Bathrooms: 15
Main Level Bedrooms: 1
Other Equipment
Satellite Dish: 1
Satellite Dish Leased: 1
Parking Features
Off Street: 1
On Site: 1
Patio And Porch Features
Deck: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Rental
Rental History: 1
Road Frontage Type
Private Road: 1
Road Responsibility
Private Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Utilities
Electricity Connected: 1
High Speed Internet Connected: 1
Satellite Dish Connected: 1
Sewer Connected: 1
Water Connected: 1
View
Mountain(s): 1
Seasonal: 1
Trees/Woods: 1
Other: 1
Water Source
Public: 1
Window Features
Window Treatments: 1
Showing Considerations
Occupied: 1
Showing Requirements
Appointment Only: 1
Showing Instructions: Text Matt Castle @ 276-477-9309 for showing availability
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
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
Listing Office:
eXp Realty, LLC 7720
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.