701 High Mountain Way, Black Bear Falls, Gatlinburg, TN 37738

$1,825,000
Property Type: Residential Bedrooms: 6 Baths: 10 Square Footage: 4,416 Status: Closed
Current Price: $1,825,000 List Date: 6/07/2021 Last Modified: 8/28/2024

Overview

Description

BRAND NEW fully turnkey large luxury cabin! INVESTOR ALERT! This newly constructed cabin scheduled to be completed in July is located in luxurious Black Bear Falls Resort. The home is an amazing three story, six bedroom cabin with seven full baths and three additional half baths. All of the bells and whistles are in this cabin including INDOOR POOL, home theater, large game area, three large wrap around decks, two hot tubs, and custom log furniture. The cabin comes fully furnished with high quality finishes and is ready to hit the rental market with revenue expectations exceeding 250k per year. The cabin is architecturally designed and is constructed by a local high quality builder – this is not a cookie cutter cabin. Real D logs are on the outside with beautiful tongue in groove on the inside. There are 4416 square feet inside and nearly 3000 square feet of decking on the home's three large wrap around decks for a total of well over 7000 square feet of combined indoor and outdoor living space! The home boasts six bedrooms – five king suites and a sixth bedroom with queen/queen bunk – and each bedroom has its own full en suite bathroom, custom log beds/furniture, and flat screen HDTV. There is an extra full bathroom on the lower recreation level, and all three levels of the cabin have an extra half bath/powder room as well. All of the cabin's bathroom countertops are granite and there is custom tilework in the bathrooms. An additional upstairs common area and several other sleeper sofas enable the cabin up to sleep 20, although it could be easily configured to sleep more. The main entry level of the home features a large open living/dining/kitchen area with fireplace/custom stonework, leather couches, and beautiful large kitchen table. There is an incredible kitchen with dual refrigerators, two dishwashers, island area for extra seating, custom cabinetry, and amazing leathered Taj Mahal quartzite countertops. Two king suites are on the main level in addition to an extra half bath/powder room. The main level wrap around deck has a beautiful outdoor fireplace with TV. On the upper level, there are four bedrooms – three king suites and another bedroom with queen/queen bunk. Each upper-level bedroom opens onto the large wrap around deck. The common area in the upstairs provides extra sleeping/relaxing space and opens to a Juliet style balcony on the front of the home. There is also a laundry space and an extra half bath/powder room upstairs for convenience. The lower level of the cabin is configured for tons of fun. There is an incredible indoor gunite heated pool with custom tile work and a stone wall. Also downstairs is a real indoor theater with custom reclining theater seating. Topping it off is a large game room with pool table, Golden Tee, Multicade, and dual sit-down racing games. There is even a lower-level kitchenette for convenience. The lower level also features an additional full bath as well as an extra half bath/powder room by the indoor pool. The wrap around deck on the lower level has TWO hot tubs for enjoyment! The cabin has a security system with state-of-the-art technology/exterior cameras, commercial sprinkler system, and all of the special custom touches you would expect in a high end home. Conveniently located in Gatlinburg city limits at the end of a quiet street with plenty of parking and even an outdoor grilling/picnic area, this cabin is ready for the rental market. Investors, this is the cabin for you. Don't wait to come and see this amazing cabin! Cabin is under construction with anticipated completion in July. Please see floor plans of cabin attached. More photos to come when construction is complete if home is not already sold.

Listing Details MLS# 243053

General Property Information

Living Area
4416
Above Grade Finished Area
2944
Below Grade Finished Area
1472
Bedrooms Total
6
Bathrooms Total
10
Bathrooms Full
7
Bathrooms Half
3
Garage YN
No
Year Built
2021
Bonus Room YN
Yes
Number of Bonus Rooms
2
Bonus Room Type(s)
Game Room, Pool r
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
406.48
Sold Price/SqFt
413.27
Lot Size Acres
0
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin Association Amenities: Clubhouse; Pool Association Fee Includes: Insurance; Maintenance Grounds Attic Features: Access Only Basement: Basement; Finished Construction Materials: Log; Log Siding Cooling: Central Air; Electric Fireplace Features: Gas Log Heating: Central; Electric; Heat Pump Interior Features: Ceiling Fan(s); High Speed Internet; Other Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Level; Wooded Other Equipment: Satellite Dish Leased Parking Features: Driveway; Paved; Private Patio And Porch Features: Deck Pool Features: Hot Tub; In Ground; Private Possession: Close Of Escrow; Other Property Condition: Under Construction Road Frontage Type: Private Road Road Surface Type: Paved Roof: Metal Security Features: Security System; Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available View: Mountain(s); Seasonal Water Source: Public Window Features: Double Pane Windows Showing Requirements: Appointment Only; Call Listing Agent; See Remarks

Location Tax and Legal

Street Number
701
Street Name
High Mountain
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Gatlinburg
Subdivision Name
Black Bear Falls

Contract Information

Original List Price
1795000
Listing Contract Date
2021-06-07
Owner Name
Cresent Moon Cabins, LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Association YN
Yes
Association Fee
747.24
Association Fee Frequency
Quarterly
Association Name
Black Bear Falls HOA
Association Email
Blackbearfallshoa.net
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
BRAND NEW fully turnkey large luxury cabin! INVESTOR ALERT! This newly constructed cabin scheduled to be completed in July is located in luxurious Black Bear Falls Resort. The home is an amazing three story, six bedroom cabin with seven full baths and three additional half baths. All of the bells and whistles are in this cabin including INDOOR POOL, home theater, large game area, three large wrap around decks, two hot tubs, and custom log furniture. The cabin comes fully furnished with high quality finishes and is ready to hit the rental market with revenue expectations exceeding 250k per year. The cabin is architecturally designed and is constructed by a local high quality builder – this is not a cookie cutter cabin. Real D logs are on the outside with beautiful tongue in groove on the inside. There are 4416 square feet inside and nearly 3000 square feet of decking on the home's three large wrap around decks for a total of well over 7000 square feet of combined indoor and outdoor living space! The home boasts six bedrooms – five king suites and a sixth bedroom with queen/queen bunk – and each bedroom has its own full en suite bathroom, custom log beds/furniture, and flat screen HDTV. There is an extra full bathroom on the lower recreation level, and all three levels of the cabin have an extra half bath/powder room as well. All of the cabin's bathroom countertops are granite and there is custom tilework in the bathrooms. An additional upstairs common area and several other sleeper sofas enable the cabin up to sleep 20, although it could be easily configured to sleep more. The main entry level of the home features a large open living/dining/kitchen area with fireplace/custom stonework, leather couches, and beautiful large kitchen table. There is an incredible kitchen with dual refrigerators, two dishwashers, island area for extra seating, custom cabinetry, and amazing leathered Taj Mahal quartzite countertops. Two king suites are on the main level in addition to an extra half bath/powder room. The main level wrap around deck has a beautiful outdoor fireplace with TV. On the upper level, there are four bedrooms – three king suites and another bedroom with queen/queen bunk. Each upper-level bedroom opens onto the large wrap around deck. The common area in the upstairs provides extra sleeping/relaxing space and opens to a Juliet style balcony on the front of the home. There is also a laundry space and an extra half bath/powder room upstairs for convenience. The lower level of the cabin is configured for tons of fun. There is an incredible indoor gunite heated pool with custom tile work and a stone wall. Also downstairs is a real indoor theater with custom reclining theater seating. Topping it off is a large game room with pool table, Golden Tee, Multicade, and dual sit-down racing games. There is even a lower-level kitchenette for convenience. The lower level also features an additional full bath as well as an extra half bath/powder room by the indoor pool. The wrap around deck on the lower level has TWO hot tubs for enjoyment! The cabin has a security system with state-of-the-art technology/exterior cameras, commercial sprinkler system, and all of the special custom touches you would expect in a high end home. Conveniently located in Gatlinburg city limits at the end of a quiet street with plenty of parking and even an outdoor grilling/picnic area, this cabin is ready for the rental market. Investors, this is the cabin for you. Don't wait to come and see this amazing cabin! Cabin is under construction with anticipated completion in July. Please see floor plans of cabin attached. More photos to come when construction is complete if home is not already sold.
Directions
From Parkway in Pigeon Forge, head toward Gatlinburg thru spur and turn left into Dudley Creek Bypass, follow to right on Ridge road for .5 miles, then left on Cartertown Rd for .5 miles Continue only Grouse Trail for for .8 miles. In 800ft turn into Black Bear Falls Way and then right onto Poplar Falls Way for about 350 feet. Then tun left onto Smoke Top Way. Continue to a right on High Mountain Way. Last House at end of Road.

Status Change Information

Major Change Timestamp
2021-08-12T16:50:04Z
Major Change Type
Status Change
Status Change Timestamp
2021-08-12
Purchase Contract Date
2021-06-12
Close Date
2021-08-12
Close Price
1825000
Buyer Financing
Conventional
Anticipated Closing Date
2021-08-16

More Information

Fireplace Features

Fireplaces Total
2
Gas Log
Yes

Showing Requirements

Showing Instructions
All information herein deemed reliable but not guaranteed. Buyer should verify all information. As with all Real Estate transactions you should verify all information independently including HOA info. Buy Title insurance, have a survey, home inspection, and all other needed inspections. Buy insurance. Equal housing opportunity. Information including square footage from Tax records.
Appointment Only
Yes
Call Listing Agent
Yes
See Remarks
Yes

Location, Tax, and Legal

Street Additional Info
Black Bear Falls
New Construction YN
Yes
Estimated Completion Date
2021-07-15
Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Gatlinburg
Tax Lot
80
Book/Page/Doc #
5342, 610
Tax Annual Amount
100.96
Tax Year
2019

Appliances

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

Architectural Style

Cabin
Yes

Association Amenities

Clubhouse
Yes
Pool
Yes

Association Fee Includes

Insurance
Yes
Maintenance Grounds
Yes

Attic Features

Access Only
Yes

Basement

Basement
Yes
Finished
Yes

Construction Materials

Log
Yes
Log Siding
Yes

Cooling

Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes
Heat Pump
Yes

Interior Features

Ceiling Fan(s)
Yes
High Speed Internet
Yes
Other
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Level
Yes
Wooded
Yes

Other Equipment

Satellite Dish Leased
Yes

Parking Features

Driveway
Yes
Paved
Yes
Private
Yes

Patio And Porch Features

Deck
Yes

Pool Features

Hot Tub
Yes
In Ground
Yes
Private
Yes

Possession

Close Of Escrow
Yes
Other
Yes

Property Condition

Under Construction
Yes

Road Frontage Type

Private Road
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Security System
Yes
Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

View

Mountain(s)
Yes
Seasonal
Yes

Water Source

Public
Yes

Window Features

Double Pane Windows
Yes
Listing Office: Prime Mountain Properties
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.