717 Short Ridge, Gatlinburg, TN 37738

$925,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,820 Lot Size (sq. ft.): 27,443 Status: Closed
Current Price: $925,000 List Date: 12/02/2021 Last Modified: 8/27/2024

Overview

Description

If you're looking for a high-income producing investment, this turn-key property is for you! This one-of-a-kind investment opportunity; (known as Bear-Foot Lodge in Airbnb world) has a 2021 income of $106,193.46 as of 11/30/21 with YTD stays plus December 2021 bookings. Inside you will find the intrinsic qualities of a mountain home with natural finishes. This incredible property is primed and ready for rental, sold fully furnished. The living room yields plentiful seating, nestled around the comforts of a mountain cabin and beautiful views of the Smoky Mountains. This spacious 3-bedroom, 2 bathroom cabin offers quintessential rustic charm. The two decks are probably the best place to be if you find yourself inspired by the majesty of nature with peace and tranquility. The decks overlook the lush green mountain side, one accommodating a hot tub; which has been known to be bear cubs' swimming hole on occasion. Located on Ski Mountain in Gatlinburg, this cabin is close to the best att ...

Listing Details MLS# 246305

General Property Information

Lot Size Acres
0.63
Living Area
1820
Above Grade Finished Area
910
Below Grade Finished Area
910
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Garage YN
No
Fireplace YN
No
Year Built
2020
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Construction Type
Site Built
View YN
Yes
List Price/SqFt
467.03
Sold Price/SqFt
508.24
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dryer; Gas Range; Microwave; Refrigerator; Washer Architectural Style: Log Association Amenities: Clubhouse; Pool; Tennis Court(s) Attic Features: Storage Only Basement: Basement; Finished Construction Materials: Log Cooling: Central Air; Electric Flooring: Wood Heating: Central Interior Features: Soaking Tub Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: Cash; Conventional Patio And Porch Features: Covered; Deck; Porch Pool Features: Hot Tub Possession: Close Of Escrow Rental: Off Site Road Surface Type: Paved Roof: Composition Sewer: Septic Tank; Septic Permit On File View: Mountain(s) Water Source: Public Showing Requirements: 24 Hour Notice; See Remarks

Location Tax and Legal

Street Number
717
Street Name
Short
Street Suffix
Ridge
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Gatlinburg
Subdivision Name
Chalet Village North

Contract Information

Original List Price
850000
Listing Contract Date
2021-12-02
Owner Name
Casazza
Occupancy
Either
Association YN
Yes
Association Fee
38
Association Fee Frequency
Monthly
Association Name
Chalet Village North
Association Email
n/a
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
If you're looking for a high-income producing investment, this turn-key property is for you! This one-of-a-kind investment opportunity; (known as Bear-Foot Lodge in Airbnb world) has a 2021 income of $106,193.46 as of 11/30/21 with YTD stays plus December 2021 bookings. Inside you will find the intrinsic qualities of a mountain home with natural finishes. This incredible property is primed and ready for rental, sold fully furnished. The living room yields plentiful seating, nestled around the comforts of a mountain cabin and beautiful views of the Smoky Mountains. This spacious 3-bedroom, 2 bathroom cabin offers quintessential rustic charm. The two decks are probably the best place to be if you find yourself inspired by the majesty of nature with peace and tranquility. The decks overlook the lush green mountain side, one accommodating a hot tub; which has been known to be bear cubs' swimming hole on occasion. Located on Ski Mountain in Gatlinburg, this cabin is close to the best attractions, shops, and dining options. Cabin is only minutes from Gatlinburg and 12 minutes from Pigeon Forge. What are you waiting for? Schedule a showing today! Square footage is approximated. Buyer to verify all square footage.
Directions
From Pigeon Forge take the Spur towards Gatlinburg. Turn right at Gatlinburg visitor center onto Wiley Oakley. Stay on Wiley Oakley until you take a left onto Short Ridge. See property on the left towards the end of the Cul de sac.

Status Change Information

Major Change Timestamp
2022-01-13T18:02:11Z
Major Change Type
Status Change
Status Change Timestamp
2022-01-13
Purchase Contract Date
2021-12-04
Close Date
2022-01-13
Close Price
925000
Buyer Financing
Conventional
Anticipated Closing Date
2022-01-11

More Information

Showing Requirements

Showing Instructions
**Multiple Offers: Please submit your highest & best offer by 5pm on 12/03 and give a response time of 9pm on 12/03.* Home is currently rented through AirBNB. Please call showing time to schedule. 865-983-8787
24 Hour Notice
Yes
See Remarks
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Tax Lot
No
Book/Page/Doc #
No
Tax Annual Amount
162.75
Tax Year
2020

Appliances

Dryer
Yes
Gas Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Log
Yes

Association Amenities

Clubhouse
Yes
Pool
Yes
Tennis Court(s)
Yes

Attic Features

Storage Only
Yes

Basement

Basement
Yes
Finished
Yes

Construction Materials

Log
Yes

Cooling

Central Air
Yes
Electric
Yes

Flooring

Wood
Yes

Heating

Central
Yes

Interior Features

Soaking Tub
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Porch
Yes

Pool Features

Hot Tub
Yes

Possession

Close Of Escrow
Yes

Rental

Off Site
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Sewer

Septic Tank
Yes
Septic Permit On File
Yes

View

Mountain(s)
Yes

Water Source

Public
Yes
Listing Office: Billy Houston Group, Realty Executives
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.