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

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.

More Information MLS# 243053

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

Contract Information

Association Type: Mandatory 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 Current Price: $1,825,000 Original List Price: 1795000 Sold Price: $1,825,000 Status: Closed Listing Contract Date: 2021-06-07

General Property Information

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

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

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

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Range Hood: 1 Refrigerator: 1 Self Cleaning Oven: 1 Washer: 1

Architectural Style

Cabin: 1

Association Amenities

Clubhouse: 1 Pool: 1

Association Fee Includes

Insurance: 1 Maintenance Grounds: 1

Attic Features

Access Only: 1

Basement

Basement: 1 Finished: 1

Construction Materials

Log: 1 Log Siding: 1

Cooling

Central Air: 1 Electric: 1

Fireplace Features

Fireplaces Total: 2 Gas Log: 1

Heating

Central: 1 Electric: 1 Heat Pump: 1

Interior Features

Ceiling Fan(s): 1 High Speed Internet: 1 Other: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

Three Or More: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Level: 1 Wooded: 1

Other Equipment

Satellite Dish Leased: 1

Parking Features

Driveway: 1 Paved: 1 Private: 1

Patio And Porch Features

Deck: 1

Pool Features

Hot Tub: 1 In Ground: 1 Private: 1

Possession

Close Of Escrow: 1 Other: 1

Property Condition

Under Construction: 1

Road Frontage Type

Private Road: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Security Features

Security System: 1 Smoke Detector(s): 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1

View

Mountain(s): 1 Seasonal: 1

Water Source

Public: 1

Window Features

Double Pane Windows: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 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. See Remarks: 1

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

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