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.