708 Park Vista Way, Gatlinburg, TN 37738
$1,550,000
Property Type:
Residential
Bedrooms:
7
Baths:
8
Square Footage:
4,704
Status:
Closed
Current Price:
$1,550,000
List Date:
6/28/2022
Last Modified:
8/27/2024
Description
Fantastic investment opportunity within the city limits of Gatlinburg. This cabin is located in the always popular Gatlinburg Falls resort with easy access, an no scary roads. The property boasts excellent views of Mt. LeConte and the National Park, a community pool, theater room, game & arcade room, and currently sleeps 28 guests. There are seven bedrooms, six bathrooms, two half baths, several levels of decking, a wet bar, and two hot tubs. The property was designed with large groups in mind as it has double refrigerators, double ovens, counter seating for five, and dining seating for twenty six. The cabin grossed over $173,000 in gross rental for 2021, and is a great rental performer due to its large size and convenient location to downtown Gatlinburg and the National Park. Call for a showing today!
More Information MLS# 251522
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: R-2
Zoning Entity: Sevier County
Parcel Number: 117 063.00
Tax Lot: 39-A
Book/Page/Doc #: 3536, 659
Tax Annual Amount: 4539.31
Tax Year: 2021
Contract Information
Association Type: Mandatory
Owner Name: Sfi Properties LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Common Interest: Planned Development
Rental History Gross Amount 1: 173830.07
Rental History Year 1: 2021
Association YN: Yes
Association Fee: 365.31
Association Fee Frequency: Monthly
Association Name: Wise Property Solutions
Association Email: services@wisepropertysolutions.com
Current Price: $1,550,000
Original List Price: 1650000
Sold Price: $1,550,000
Status: Closed
Listing Contract Date: 2022-06-28
General Property Information
Lot Size Acres: 0
Above Grade Finished Area: 3136
Below Grade Finished Area: 1568
Below Grade Unfinished Area: 0
Garage YN: No
Bathrooms Half: 2
Garage Spaces: 0
Bonus Room YN: No
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: 350.77
Sold Price/SqFt: 329.51
Living Area: 4704
Bedrooms Total: 7
Bathrooms Total: 8
Bathrooms Full: 6
Year Built: 2009
Remarks and Miscellaneous
Public Remarks: Fantastic investment opportunity within the city limits of Gatlinburg. This cabin is located in the always popular Gatlinburg Falls resort with easy access, an no scary roads. The property boasts excellent views of Mt. LeConte and the National Park, a community pool, theater room, game & arcade room, and currently sleeps 28 guests. There are seven bedrooms, six bathrooms, two half baths, several levels of decking, a wet bar, and two hot tubs. The property was designed with large groups in mind as it has double refrigerators, double ovens, counter seating for five, and dining seating for twenty six. The cabin grossed over $173,000 in gross rental for 2021, and is a great rental performer due to its large size and convenient location to downtown Gatlinburg and the National Park. Call for a showing today!
Directions: Take the Parkway (Hwy 321) into Gatlinburg and turn left at Light #1 onto Dudley Creek Rd. Turn right at the 3 way stop sign onto Ridge Road. Turn left onto Cheshire Court and then an immediate right into Gatlinburg Falls Park View Resort. Cabin will be down on the right hand side and the cabin name is Parkview Palace.
Status Change Information
Status Change Timestamp: 2022-11-09
Buyer Financing: Conventional
Anticipated Closing Date: 2022-10-27
Major Change Timestamp: 2022-11-09T18:19:18Z
Major Change Type: Status Change
Purchase Contract Date: 2022-09-15
Close Date: 2022-11-09
Close Price: 1550000
Appliances
Dishwasher: 1
Disposal: 1
Double Oven: 1
Dryer: 1
Electric Cooktop: 1
Electric Range: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Association Amenities
Clubhouse: 1
Pool: 1
Association Fee Includes
Maintenance Grounds: 1
Roads: 1
Basement
Crawl Space: 1
Finished: 1
Construction Materials
Log: 1
Log Siding: 1
Cooling
Central Air: 1
Electric: 1
Fireplace Features
Gas Log: 1
Flooring
Wood: 1
Heating
Central: 1
Electric: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Great Room: 1
High Speed Internet: 1
Wet Bar: 1
Levels
Three Or More: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Parking Features
Driveway: 1
Paved: 1
Patio And Porch Features
Covered: 1
Deck: 1
Pool Features
Hot Tub: 1
Private: 1
Possession
Close Of Escrow: 1
Rental
Rental History: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
View
Mountain(s): 1
Water Source
Public: 1
Window Features
Window Treatments: 1
Showing Requirements
Call Manager: 1
Showing Instructions: Call or text Listing Agent Jared Drager for questions or showings at 865-244-6414. Property is on rental with Amazing Views of the Smokies and is called "Parkview Palace". Most information taken from tax records and/or owner's, and not verified by the listing agent/company. All information deemed reliable but not guaranteed. As with all Real Estate transactions, buyer should verify all information independently.
See Remarks: 1
Location Tax and Legal
Street Number: 708
Street Name: Park Vista
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Gatlinburg
Subdivision Name: Gatlinburg Falls
Property Features
Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Cooktop; Electric Range; Microwave; Range Hood; Refrigerator; Washer
Architectural Style: Cabin
Association Amenities: Clubhouse; Pool
Association Fee Includes: Maintenance Grounds; Roads
Basement: Crawl Space; Finished
Construction Materials: Log; Log Siding
Cooling: Central Air; Electric
Fireplace Features: Gas Log
Flooring: Wood
Heating: Central; Electric
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Wet Bar
Levels: Three Or More
Listing Terms: 1031 Exchange; Cash; Conventional
Parking Features: Driveway; Paved
Patio And Porch Features: Covered; Deck
Pool Features: Hot Tub; Private
Possession: Close Of Escrow
Rental: Rental History
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Available
View: Mountain(s)
Water Source: Public
Window Features: Window Treatments
Showing Requirements: Call Manager; See Remarks
Listing Office:
Prime Mountain Properties
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.