4538 STACKSTONE Road, Sevierville, TN 37862 (MLS# 253095)

4538 STACKSTONE Road, Sevierville, TN 37862

$1,700,000
Property Type: Residential Bedrooms: 8 Baths: 7 Square Footage: 4,118 Lot Size (sq. ft.): 50,094 Status: Closed
Current Price: $1,700,000 List Date: 7/22/2022 Last Modified: 8/28/2024

Overview

Description

Calling all turn-key cabin investors! ‘Smokehouse Ridge' is a great turn-key cabin for first time investors, or a strong addition to an existing short term rental portfolio. Smokehouse Ridge generated $207K in revenue from June 2021 to January 2022. On track to exceed $300K for 2022. Smokehouse Ridge has the features that drive high average daily rates and occupancy: 8 spacious en-suite bedrooms, sweeping Wears Valley views, a convenient location, exquisite finishes, and unique amenities. Every inch of this overnight rental powerhouse has been updated to include: new LVP flooring throughout, granite countertops, top of the line appliances, a kid friendly game room outfitted with a large screen TV, wet bar, multi-cade, pool table, and sleeper couch. For the adults, Smokehouse Ridge has an exquisitely appointed Speak Easy located on the 3rd level with a hand-hewn post and beam bar, custom crafted antler chandelier, regulation poker table, large screen TV and cozy seating area. The o ...

Listing Details MLS# 253095

General Property Information

Lot Size Acres
1.15
Living Area
4118
Above Grade Finished Area
3432
Below Grade Finished Area
686
Bedrooms Total
8
Bathrooms Total
7
Bathrooms Full
7
Garage YN
No
Year Built
2003
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
View YN
Yes
List Price/SqFt
403.41
Sold Price/SqFt
381
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Range Hood; Self Cleaning Oven; Trash Compactor; Washer Architectural Style: Cabin; Log Attic Features: None Basement: Basement; Crawl Space; Finished; Full Construction Materials: Frame; Log Siding Cooling: Central Air; Heat Pump Exterior Features: Rain Gutters Fireplace Features: Electric Flooring: Wood Heating: Central; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Solid Surface Counters; Wet Bar Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Lot Features: Private; Wooded Patio And Porch Features: Covered; Deck Pool Features: Hot Tub Rental: Rental History Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File Utilities: Cable Available View: Mountain(s) Water Source: Shared Well Window Features: Double Pane Windows; Window Treatments Showing Requirements: See Remarks

Location Tax and Legal

Street Number
4538
Street Name
STACKSTONE
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Wears Valley
Subdivision Name
Burchfiel Heights

Contract Information

Original List Price
1800000
Listing Contract Date
2022-07-22
Owner Name
Pacilio
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Rental History Gross Amount 1
207000
Rental History Year 1
2021
Association YN
No

Remarks and Miscellaneous

Public Remarks
Calling all turn-key cabin investors! ‘Smokehouse Ridge' is a great turn-key cabin for first time investors, or a strong addition to an existing short term rental portfolio. Smokehouse Ridge generated $207K in revenue from June 2021 to January 2022. On track to exceed $300K for 2022. Smokehouse Ridge has the features that drive high average daily rates and occupancy: 8 spacious en-suite bedrooms, sweeping Wears Valley views, a convenient location, exquisite finishes, and unique amenities. Every inch of this overnight rental powerhouse has been updated to include: new LVP flooring throughout, granite countertops, top of the line appliances, a kid friendly game room outfitted with a large screen TV, wet bar, multi-cade, pool table, and sleeper couch. For the adults, Smokehouse Ridge has an exquisitely appointed Speak Easy located on the 3rd level with a hand-hewn post and beam bar, custom crafted antler chandelier, regulation poker table, large screen TV and cozy seating area. The outside is just as impressive as the inside, featuring freshly stained siding and deck boards, new windows, an eco-friendly 6000-gallon UV rainwater harvesting system, new hog wire rails, new POLYWOOD rockers, new 8-person hot tub, and new POLYWOOD pub tables. And to top it off, this cabin is self-managed, which means there is no requirement to remain with a management company. Smokehouse Ridge rental ready and can generate revenue within days of closing, just in time for peak rental season.
Directions
Pigeon Forge on the Parkway (U.S. Hwy. 441), turn at Traffic Light #3 onto Wears Valley Rd. (U.S. Hwy. 321), & continue approx. 10 mi., through Wears Valley, & then make a right onto Happy Hollow Rd. Continue on Happy Hollow Rd. for approx. 0.9 mi.& slight right onto S. Clear Fork Rd. Follow S. Clear Fork Rd. for approx. 1.5 mi. & then make a left onto Chamberlain. You will pass

Status Change Information

Major Change Timestamp
2022-09-07T17:21:35Z
Major Change Type
Status Change
Status Change Timestamp
2022-09-07
Purchase Contract Date
2022-07-25
Close Date
2022-09-07
Close Price
1700000
Buyer Financing
Other
Anticipated Closing Date
2022-09-06

More Information

Showing Requirements

Showing Instructions
Contact Karen Chenaille at 865-770-0743 for availability and code to show. Cabin was blocked off in January 2022 for replacement of well pump and installation of rain water capture system. The previous owner had the foundation repaired. Email info@blacksheeprealty.co for access to interior videos and the engineer's inspection report of the foundation repairs. Information taken from tax records. ALL OFFERS MUST INCLUDE PRE-APPROVAL LETTER. Buyer/buyers agent to verify all information.
See Remarks
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
R-1
Zoning Entity
Sevierville
Parcel Number
113O B 003.00
Tax Lot
/3-R
Book/Page/Doc #
LM-4, 91
Tax Annual Amount
2483.1
Tax Year
2019

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Range Hood
Yes
Self Cleaning Oven
Yes
Trash Compactor
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Log
Yes

Attic Features

None
Yes

Basement

Basement
Yes
Crawl Space
Yes
Finished
Yes
Full
Yes

Construction Materials

Frame
Yes
Log Siding
Yes

Cooling

Central Air
Yes
Heat Pump
Yes

Exterior Features

Rain Gutters
Yes

Fireplace Features

Electric
Yes

Flooring

Wood
Yes

Heating

Central
Yes
Heat Pump
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Great Room
Yes
High Speed Internet
Yes
Solid Surface Counters
Yes
Wet Bar
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Two
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lot Features

Private
Yes
Wooded
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes

Pool Features

Hot Tub
Yes

Rental

Rental History
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes
Septic Permit On File
Yes

Utilities

Cable Available
Yes

View

Mountain(s)
Yes

Water Source

Shared Well
Yes

Window Features

Double Pane Windows
Yes
Window Treatments
Yes
Listing Office: eXp Realty, LLC 7720
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.
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