663 Kings Way, Gatlinburg, TN 37738
$984,500
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
2,664
Lot Size (sq. ft.):
17,860
Status:
Closed
Current Price:
$984,500
List Date:
8/28/2023
Last Modified:
8/28/2024
Description
This cabin is not only a cozy sanctuary but also a lucrative short-term rental opportunity, perfectly suited to accommodate 10-12 guests. $110-$140k projected gross income. With its charming cabin aesthetics, modern comforts, and strategic location, this property truly encapsulates the best of both worlds. This spacious haven offers ample room for everyone to unwind and recharge. Featuring a large open kitchen, hot tub, breathtaking panoramic views, screened-in porch, covered second-story deck, game/bonus room, true 3 bedroom, and a 5-minute drive to the Parkway and Gatlinburg. Modern craftsmanship and design while maintaining a rustic cabin allure.
More Information MLS# 261072
Location, Tax, and Legal
Restrictive Covenants YN: No
Zoning: R-1
Zoning Entity: Sevier County
Tax Lot: 811.04/2
Book/Page/Doc #: 5633, 395
Tax Annual Amount: 2616.89
Tax Year: 2022
Contract Information
Owner Name: Gabriel Faria
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: No
Current Price: $984,500
Original List Price: 1092500
Sold Price: $984,500
Status: Closed
Listing Contract Date: 2023-08-28
General Property Information
Lot Size Acres: 0.41
Above Grade Finished Area: 2664
Below Grade Finished Area: 0
Below Grade Unfinished Area: 0
Bathrooms Half: 1
Garage Spaces: 0
Bonus Room YN: Yes
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 375.38
Sold Price/SqFt: 369.56
Living Area: 2664
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 2
Year Built: 2018
Remarks and Miscellaneous
Public Remarks: This cabin is not only a cozy sanctuary but also a lucrative short-term rental opportunity, perfectly suited to accommodate 10-12 guests. $110-$140k projected gross income. With its charming cabin aesthetics, modern comforts, and strategic location, this property truly encapsulates the best of both worlds. This spacious haven offers ample room for everyone to unwind and recharge. Featuring a large open kitchen, hot tub, breathtaking panoramic views, screened-in porch, covered second-story deck, game/bonus room, true 3 bedroom, and a 5-minute drive to the Parkway and Gatlinburg. Modern craftsmanship and design while maintaining a rustic cabin allure.
Directions: From the parkway towards Gatlinburg, turn left onto Beech Branch Rd. Follow this road until E Kings Ridge Rd. Stay on this road until Kings way. Turn right onto Kings Way. Property is 1rst home on your right.
Status Change Information
Status Change Timestamp: 2023-10-12
Buyer Financing: Cash
Anticipated Closing Date: 2023-10-12
Major Change Timestamp: 2023-10-12T17:47:54Z
Major Change Type: Status Change
Price Change Timestamp: 2023-09-12T00:14:23Z
Purchase Contract Date: 2023-09-23
Close Date: 2023-10-12
Close Price: 984500
Appliances
Dishwasher: 1
Dryer: 1
Electric Cooktop: 1
Microwave: 1
Refrigerator: 1
Self Cleaning Oven: 1
Washer: 1
Architectural Style
Cabin: 1
Attic Features
Access Only: 1
Basement
Crawl Space: 1
None: 1
Construction Materials
Cement Siding: 1
Cooling
Central Air: 1
Exterior Features
Rain Gutters: 1
Fireplace Features
Electric: 1
Heating
Central: 1
Interior Features
Ceiling Fan(s): 1
Great Room: 1
Solid Surface Counters: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Patio And Porch Features
Covered: 1
Deck: 1
Porch: 1
Screened: 1
Pool Features
Hot Tub: 1
Possession
Close Of Escrow: 1
Road Frontage Type
County Road: 1
Roof
Metal: 1
Security Features
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Septic Permit On File: 1
Utilities
Cable Available: 1
View
Mountain(s): 1
Water Source
Public: 1
Window Features
Double Pane Windows: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Showing Instructions: Buyers and Buyer's agent responsible for all due diligence and verifying pertinent information. Please contact list agent for showings. The cabin has never been a full time STR for the current owners, so there is no income history to provide.
Historical Information
Public Historical Remarks: Interior Features: Large Primary Bedroom
Location Tax and Legal
Street Number: 663
Street Name: Kings
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Gatlinburg
Subdivision Name: Kingsridge
Property Features
Appliances: Dishwasher; Dryer; Electric Cooktop; Microwave; Refrigerator; Self Cleaning Oven; Washer
Architectural Style: Cabin
Attic Features: Access Only
Basement: Crawl Space; None
Construction Materials: Cement Siding
Cooling: Central Air
Exterior Features: Rain Gutters
Fireplace Features: Electric
Heating: Central
Interior Features: Ceiling Fan(s); Great Room; Solid Surface Counters
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Patio And Porch Features: Covered; Deck; Porch; Screened
Pool Features: Hot Tub
Possession: Close Of Escrow
Road Frontage Type: County Road
Roof: Metal
Security Features: Smoke Detector(s)
Sewer: Septic Tank; Septic Permit On File
Utilities: Cable Available
View: Mountain(s)
Water Source: Public
Window Features: Double Pane Windows
Showing Requirements: Appointment Only; Call Listing Agent
Listing Office:
eXp Realty, LLC 7720
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.