4836 Highland Place Way, Pigeon Forge, TN 37863

$940,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,897 Status: Closed
Current Price: $940,000 List Date: 9/01/2023 Last Modified: 8/29/2024

Overview

Description

Check out this stunning 2-bedroom pool cabin, situated less than 3 miles from the main Parkway in Pigeon Forge! This property generated over $100,000 in rental revenue for 2022! To add to those impressive numbers, the current local management company only charges a 10% management fee! Even better, the seller is offering a $5,000 credit towards closing costs with an acceptable offer! This cabin offers awe-inspiring mountain views from various vantage points, including the kitchen, dining area, great room, both recreation rooms, and the covered decks on the main and lower levels. Upon entering the cabin, you will be immediately captivated by the breathtaking vistas that envelop you. The thoughtfully designed floor plan allows for a seamless flow between the kitchen, dining area, and great room, creating an ideal space for creating cherished memories with loved ones. The main level of the cabin conveniently houses the first master bedroom and bath suite, a spacious covered deck, a welcomi ...

Listing Details MLS# 261191

General Property Information

Living Area
1897
Above Grade Finished Area
1198
Below Grade Finished Area
699
Bedrooms Total
2
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Garage YN
No
Year Built
2015
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
500.74
Sold Price/SqFt
495.52
Lot Size Acres
0
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin; Log Association Amenities: Pool Association Fee Includes: Insurance; Maintenance Grounds; Roads Attic Features: None Basement: Crawl Space; Finished Construction Materials: Block; Log; Log Siding; Stucco Cooling: Central Air; Electric; Heat Pump Fireplace Features: Gas Log Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); High Speed Internet; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Tri-Level Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: Driveway; Paved Patio And Porch Features: Covered; Deck; Porch Pool Features: Hot Tub; In Ground; Private Rental: Off Site; Rental History Road Frontage Type: County Road; Private Road Road Surface Type: Paved Roof: Metal Security Features: Gated Community; Smoke Detector(s) Sewer: Shared Septic Utilities: Cable Available View: Mountain(s) Water Source: Public Window Features: Window Treatments Showing Requirements: Appointment Only; Call Listing Agent; See Remarks

Location Tax and Legal

Street Number
4836
Street Name
Highland Place
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

Contract Information

Original List Price
949900
Listing Contract Date
2023-09-01
Owner Name
William Nathan Bering Jr. & Mollie Marie Bering
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Rental History Gross Amount 1
100023
Rental History Year 1
2022
Association YN
Yes
Association Fee
150
Association Fee Frequency
Monthly
Association Name
Sherwood Forest Resort POA
Association Email
camaro76@bellsouth.net
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Check out this stunning 2-bedroom pool cabin, situated less than 3 miles from the main Parkway in Pigeon Forge! This property generated over $100,000 in rental revenue for 2022! To add to those impressive numbers, the current local management company only charges a 10% management fee! Even better, the seller is offering a $5,000 credit towards closing costs with an acceptable offer! This cabin offers awe-inspiring mountain views from various vantage points, including the kitchen, dining area, great room, both recreation rooms, and the covered decks on the main and lower levels. Upon entering the cabin, you will be immediately captivated by the breathtaking vistas that envelop you. The thoughtfully designed floor plan allows for a seamless flow between the kitchen, dining area, and great room, creating an ideal space for creating cherished memories with loved ones. The main level of the cabin conveniently houses the first master bedroom and bath suite, a spacious covered deck, a welcoming great room, and a well-appointed kitchen. The kitchen features granite countertops, bar seating, and stainless steel appliances. Ascend the stairs to the loft area to be welcomed by a second recreation room, featuring a cozy couch, a foosball table & a smart TV. Just around the corner from the loft recreation room is the second bedroom & bath currently equipped with bunk beds. The lower level of the cabin offers additional amenities, including an indoor pool room, a convenient half bath, a recreation room complete with a pool table, and a second covered deck featuring a soothing hot tub to relax and unwind in. The indoor pool was recently upgraded with a brand new gas water heater. The cabin is managed by a local management company and performs well as a seasoned rental. Call today to schedule a showing!
Directions
From Parkway in Pigeon Forge at stoplight #10 turn onto Conner, travel approx. 1/2 mile turn left onto Rush Branch Road, follow to Entrance to Sherwood Forest on the right, turn in front of the rental office, go straight through the lower gate this is Forest Ridge Way, Follow to Nottingham Heights. Take Nottingham Heights to top of Resort. Take a slight left turn onto Highland Place Way. 4836 Highland Place Way will be on your right in 0.2 miles

Status Change Information

Major Change Timestamp
2023-10-02T17:48:19Z
Major Change Type
Status Change
Status Change Timestamp
2023-10-02
Purchase Contract Date
2023-09-08
Close Date
2023-10-02
Close Price
940000
Buyer Financing
Conventional
Anticipated Closing Date
2023-10-02

More Information

Fireplace Features

Fireplaces Total
Yes
Gas Log
Yes

Showing Requirements

Showing Instructions
To schedule a showing, call/text Grey Gibson at 865-567-7640. **ALL OFFERS TO INCLUDE ALL ASSOCIATED DOCUMENT DISCLOSURES** and to be sent to grey@themaloneyteam.com. Current management company only charging a 10% management fee. Seller offering a $5,000 credit towards closing costs with an acceptable offer. Link to airbnb page: https://www.airbnb.com/rooms/550843035978288822?adults=1&source_impression_id=p3_1675788669_JoV8HcqmLlVh2DHC&guests=1
Appointment Only
Yes
Call Listing Agent
Yes
See Remarks
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Tax Lot
150R-R
Book/Page/Doc #
5986, 765
Tax Annual Amount
1559.92
Tax Year
2022

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range Hood
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Log
Yes

Association Amenities

Pool
Yes

Association Fee Includes

Insurance
Yes
Maintenance Grounds
Yes
Roads
Yes

Attic Features

None
Yes

Basement

Crawl Space
Yes
Finished
Yes

Construction Materials

Block
Yes
Log
Yes
Log Siding
Yes
Stucco
Yes

Cooling

Central Air
Yes
Electric
Yes
Heat Pump
Yes

Heating

Central
Yes
Electric
Yes
Heat Pump
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
High Speed Internet
Yes
Solid Surface Counters
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Tri-Level
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Parking Features

Driveway
Yes
Paved
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Porch
Yes

Pool Features

Hot Tub
Yes
In Ground
Yes
Private
Yes

Rental

Off Site
Yes
Rental History
Yes

Road Frontage Type

County Road
Yes
Private Road
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Gated Community
Yes
Smoke Detector(s)
Yes

Sewer

Shared Septic
Yes

Utilities

Cable Available
Yes

View

Mountain(s)
Yes

Water Source

Public
Yes

Window Features

Window Treatments
Yes
Listing Office: Prime Mountain Properties
Last Updated: August - 29 - 2024
Information deemed reliable but not guaranteed.