511 New Venture Way, Sevierville, TN 37876

$1,155,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,134 Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $1,155,000 List Date: 6/08/2024 Last Modified: 9/05/2024

Overview

Description

Furnished, new-construction 4 bedroom with indoor pool, game room, and mountain views! This stunning contemporary cabin boasts a total of 3,134 square feet of living space, complete with the latest upscale finishes and a chic, modern vibe. The dramatic open floor plan features walls of glass that let in an abundance of natural light and provide views of the surrounding landscape and mountains. There are 4 bedrooms, 4 full bathrooms, and an additional half bathroom. The cabin also boasts an open loft, large entertainment area, and an indoor pool! Step outside and enjoy the beauty of nature from the comfort of one of your oversized decks. This property will be furnished with high-end, commercial grade furniture sourced from the top suppliers in the short-term rental industry. The Lodges at Reedmont is a premier short-term rental development with city utilities and is located minutes from all the best attractions and entertainment in the area. It is 2 minutes from Soaky Mountain and the ...

Listing Details MLS# 301455

General Property Information

Stories Total
3
Lot Size Acres
0.06
Living Area
3134
Above Grade Finished Area
1976
Below Grade Finished Area
1158
Bedrooms Total
4
Bathrooms Total
5
Bathrooms Full
4
Bathrooms Half
Yes
Garage YN
No
Fireplace YN
Yes
Year Built
2023
Bonus Room YN
Yes
Number of Bonus Rooms
2
Bonus Room Type(s)
Loft, game/movie room
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
374.92
Sold Price/SqFt
368.54
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Contemporary Association Amenities: Clubhouse Association Fee Includes: Insurance; Maintenance Grounds; Roads Basement: Basement; Finished Construction Materials: Cement Siding; Other Cooling: Central Air Fireplace Features: Electric Heating: Central; Natural Gas Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Kitchen Island; Solid Surface Counters Laundry Features: Laundry Room Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Patio And Porch Features: Covered; Deck; Porch Pool Features: Hot Tub; In Ground; Indoor Property Condition: Under Construction Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Mountain(s); Trees/Woods Water Source: Public Showing Requirements: See Remarks

Location Tax and Legal

Street Number
511
Street Name
New Venture
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37876
Property Sub Type
Single Family Residence
MLS Area Major
Sevierville
Subdivision Name
The Lodges at Reedmont

Contract Information

Original List Price
1175000
Listing Contract Date
2024-06-07
Auction YN
No
Owner Name
CV Development, LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Association YN
Yes
Association Fee
200
Association Fee Frequency
Monthly
Association Name
HOA
Association Phone
.
Association Email
hoa@lodgesatreedmont.com
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Furnished, new-construction 4 bedroom with indoor pool, game room, and mountain views! This stunning contemporary cabin boasts a total of 3,134 square feet of living space, complete with the latest upscale finishes and a chic, modern vibe. The dramatic open floor plan features walls of glass that let in an abundance of natural light and provide views of the surrounding landscape and mountains. There are 4 bedrooms, 4 full bathrooms, and an additional half bathroom. The cabin also boasts an open loft, large entertainment area, and an indoor pool! Step outside and enjoy the beauty of nature from the comfort of one of your oversized decks. This property will be furnished with high-end, commercial grade furniture sourced from the top suppliers in the short-term rental industry. The Lodges at Reedmont is a premier short-term rental development with city utilities and is located minutes from all the best attractions and entertainment in the area. It is 2 minutes from Soaky Mountain and the Sevierville Convention Center and Pigeon Forge is just a short 15-minute drive away with no steep roads along the way. As an added bonus, The Lodges at Reedmont is also designated as an opportunity zone, providing investors with the potential for tax benefits, including tax deferrals on capital gains and potential tax-free appreciation on investments held for 10 years or more. [Drone photography used. Completed photos are of a similar property in development]
Directions
From Hwy 66 in Sevierville, turn onto Gists Creek Rd. towards Soaky Mountain Waterpark and continue for 1.2 miles. Turn right onto Reed Schoolhouse Rd. In .3 miles, the entrance will be on your right

Status Change Information

Major Change Timestamp
2024-06-08T14:48:38Z
Major Change Type
Status Change
Status Change Timestamp
2024-06-08
Purchase Contract Date
2024-06-07
Close Date
2024-06-07
Close Price
1155000
Buyer Financing
Conventional

More Information

Fireplace Features

Fireplaces Total
Yes
Electric
Yes

Showing Requirements

Showing Instructions
Text Rachel at 865-805-6114 for showings and more information.
See Remarks
Yes

Location, Tax, and Legal

City/County
City
New Construction YN
Yes
New Construction Start Date
2023-10-07
Estimated Completion Date
2024-05-24
Restrictive Covenants YN
Yes
Zoning
C-5
Zoning Entity
Sevierville
Parcel Number
037 057.07
Tax Lot
23
Tax Annual Amount
368.22
Tax Year
2023

Appliances

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

Architectural Style

Cabin
Yes
Contemporary
Yes

Association Amenities

Clubhouse
Yes

Association Fee Includes

Insurance
Yes
Maintenance Grounds
Yes
Roads
Yes

Basement

Basement
Yes
Finished
Yes

Construction Materials

Cement Siding
Yes
Other
Yes

Cooling

Central Air
Yes

Heating

Central
Yes
Natural Gas
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Great Room
Yes
Kitchen Island
Yes
Solid Surface Counters
Yes

Laundry Features

Laundry Room
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Porch
Yes

Pool Features

Hot Tub
Yes
In Ground
Yes
Indoor
Yes

Property Condition

Under Construction
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

City
Yes
Mountain(s)
Yes
Trees/Woods
Yes

Water Source

Public
Yes
Listing Office: Local Realty Group
Last Updated: September - 05 - 2024
Information deemed reliable but not guaranteed.