721 Poplar Falls Way, "A Black Bear's Den", Gatlinburg, TN 37738 (MLS# 255159)

721 Poplar Falls Way, "A Black Bear's Den", Gatlinburg, TN 37738

$783,000

Virtual Tour

http://tour.usamls.net/721-Poplar-Falls-Way-Gatlinburg-TN-37738/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,720 Status: Closed

Current Price: $783,000 List Date: 12/21/2022 Last Modified: 8/28/2024

Overview

Description

TAKE A LOOK AT THIS AMAZING 2 BEDROOM/2 BATH IN BLACK BEAR FALLS! THIS AWESOME CABIN IS AVAILABLE TO SHOW FEB 5TH AFTER CHECKOUT... TO FEB 9TH BY 3 PM! This is a big income producer for any buyer wanting a beautiful cabin that will virtually pay its way!! Beautifully redecorated in May 2020 so nothing is needing to be done to own this awesome investment. There is new granite in the kitchen and new stainless appliances. New flooring was added with lots of new furniture and new linens, bedding and everything for your comfort and to keep those guests returning. Fun is on hand with a lower level game room. The cabin is located close to the Black Bear community pools and clubhouse. And is only minutes to downtown Gatlinburg. Make sure to take a look at this beautiful cabin and make it yours! The gross rental (per seller)for 2022 is $87,000 on VRBO. And lots of future booking already with $63K for 2023.The utility info is.... The average electric is $255.00 per month and cable/internet is ... (Read more)

Listing Details MLS# 255159

General Property Information

Lot Size Dimensions: N/A
Living Area: 1720
Above Grade Finished Area: 836
Below Grade Finished Area: 884
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Garage YN: No
Year Built: 2003
Bonus Room YN: No
Bonus Room Type(s): N/A
Accessory Dwelling Unit YN: No
Sign On Property YN: Yes
Home Warranty YN: No
Furnished: Furnished
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 456.37
Sold Price/SqFt: 455.23
Lot Size Acres: 0
Below Grade Unfinished Area: 0
Bathrooms Half: 0
Garage Spaces: 0
Number of Bonus Rooms: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Self Cleaning Oven Architectural Style: Cabin; Log Association Amenities: Clubhouse; Management; Pool Association Fee Includes: Insurance; Maintenance Grounds; Roads; Water Attic Features: None Basement: Basement; Exterior Entry; Finished; Full; Walk-Out Access Community Features: Clubhouse Construction Materials: Log; Masonry Cooling: Central Air; Electric; Heat Pump Exterior Features: Rain Gutters Fireplace Features: Gas Log; Insert; Masonry Flooring: Wood Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Wooded Parking Features: Driveway; Paved; Private Patio And Porch Features: Covered; Deck; Porch Pets Allowed: Yes Pool Features: Hot Tub; Private Possession: Close Of Escrow; Other Rental: Off Site; Rental History Road Frontage Type: City Street; Private Road Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available View: Mountain(s) Water Source: Public Window Features: Double Pane Windows; Window Treatments Showing Requirements: Appointment Only; Call Listing Agent; Call Listing Office; Lockbox; See Remarks Room Types: Bedroom 2; Den; Dining Room; Game Room; Great Room; Kitchen; Living Room; Other; Primary Bathroom; Primary Bedroom; Utility Room

Location Tax and Legal

Street Number: 721
Street Name: Poplar Falls
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 Phase 2

Contract Information

Original List Price: 829900
Listing Contract Date: 2022-12-21
Owner Name: Scott Peterson
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Common Interest: Planned Development
Rental History Gross Amount 1: 85000
Rental History Year 1: 2022
Rental History Gross Amount 2: 63000
Rental History Year 2: 2023
Association YN: Yes
Association Fee: 275
Association Fee Frequency: Monthly
Association Name: Black Bear Falls Resort
Association Email: N/A
Association Type: Mandatory

Remarks and Miscellaneous

Public Remarks: TAKE A LOOK AT THIS AMAZING 2 BEDROOM/2 BATH IN BLACK BEAR FALLS! THIS AWESOME CABIN IS AVAILABLE TO SHOW FEB 5TH AFTER CHECKOUT... TO FEB 9TH BY 3 PM! This is a big income producer for any buyer wanting a beautiful cabin that will virtually pay its way!! Beautifully redecorated in May 2020 so nothing is needing to be done to own this awesome investment. There is new granite in the kitchen and new stainless appliances. New flooring was added with lots of new furniture and new linens, bedding and everything for your comfort and to keep those guests returning. Fun is on hand with a lower level game room. The cabin is located close to the Black Bear community pools and clubhouse. And is only minutes to downtown Gatlinburg. Make sure to take a look at this beautiful cabin and make it yours! The gross rental (per seller)for 2022 is $87,000 on VRBO. And lots of future booking already with $63K for 2023.The utility info is.... The average electric is $255.00 per month and cable/internet is about $200 per month. This info is per the seller** Agents please see the Addendum for rental escrow info.
Directions: From dwtn. Gatlinburg on the Parkway (U.S. Hwy. 441), turn at Traffic Light #3 onto East Parkway (U.S. Hwy. 321), & go for approx. 2 mi., to a left at Traffic Light #2A onto Ridge Road, go for 1/4 mi., & then turn right onto Cartertown Road. Follow Cartertown Road for approx. 1.8 mi., & make a slight right onto Grouse Trail. Continue left onto Black Bear Falls Way, & go for approx. 1/2 mi., to a right onto Poplar Falls Way, & then make a left, where the property will be located, & is called "A Black Bear's Den." (see sign)

Status Change Information

Major Change Timestamp: 2023-03-08T18:30:12Z
Major Change Type: Status Change
Price Change Timestamp: 2023-02-03T18:46:19Z
Status Change Timestamp: 2023-03-08
Purchase Contract Date: 2023-02-07
Close Date: 2023-03-08
Close Price: 783000
Buyer Financing: Cash
Anticipated Closing Date: 2023-03-14

More Information

Fireplace Features

Fireplaces Total: 2
Gas Log: Yes
Insert: Yes
Masonry: Yes

Showing Requirements

Showing Instructions: Please contact either listing agent Delores White at (865) 850-4264 or Josh Hughey at 931-580-0980 for any & all information regarding this property, as well as to schedule any showings. The seller (has said) retains rights to the rental escrow if there is negotiation on the sales price. **Square footage is deemed to be reliable, but should always be independently verified by the buyer prior to purchase.** The VRBO # 1974303 The NOTE - Associated documents are included with this listing. Listing information provided by Measurehouse, Inc.
Appointment Only: Yes
Call Listing Agent: Yes
Call Listing Office: Yes
Lockbox: Yes
See Remarks: Yes

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Room Types

Bedroom 2 Level: B
Den Level: B
Dining Room Level: Yes
Game Room Level: B
Great Room Level: Yes
Kitchen Level: Yes
Living Room Level: Yes
Other Level: B
Primary Bathroom Level: Yes
Primary Bedroom Level: Yes
Utility Room Level: B
Bedroom 2: Yes
Den: Yes
Dining Room: Yes
Game Room: Yes
Great Room: Yes
Kitchen: Yes
Living Room: Yes
Other: Yes
Primary Bathroom: Yes
Primary Bedroom: Yes
Utility Room: Yes

Location, Tax, and Legal

Street Additional Info: "A Black Bear's Den"
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Gatlinburg
Parcel Number: 078117J C 00100
Tax Lot: 35
Book/Page/Doc #: 5530, 678
Tax Annual Amount: 1471.22
Tax Year: 2021

Accessory Dwelling Unit Information

ADU SqFt: 0

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes

Architectural Style

Cabin: Yes
Log: Yes

Association Amenities

Clubhouse: Yes
Management: Yes
Pool: Yes

Association Fee Includes

Insurance: Yes
Maintenance Grounds: Yes
Roads: Yes
Sewer: Yes
Water: Yes

Attic Features

None: Yes

Basement

Basement: Yes
Exterior Entry: Yes
Finished: Yes
Full: Yes
Walk-Out Access: Yes

Community Features

Clubhouse: Yes

Construction Materials

Log: Yes
Masonry: Yes

Cooling

Central Air: Yes
Electric: Yes
Heat Pump: Yes

Exterior Features

Rain Gutters: Yes

Flooring

Wood: Yes

Heating

Central: Yes
Electric: Yes
Heat Pump: Yes

Interior Features

Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Great Room: Yes
High Speed Internet: Yes
Solid Surface Counters: Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Two: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Lot Features

Wooded: Yes

Parking Features

Driveway: Yes
Paved: Yes
Private: Yes

Patio And Porch Features

Covered: Yes
Deck: Yes
Porch: Yes

Pets Allowed

Yes: Yes

Pool Features

Hot Tub: Yes
Private: Yes

Possession

Close Of Escrow: Yes
Other: Yes

Rental

Off Site: Yes
Rental History: Yes

Road Frontage Type

City Street: Yes
Private Road: Yes

Road Surface Type

Paved: Yes

Roof

Metal: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

View

Mountain(s): Yes

Water Source

Public: Yes

Window Features

Double Pane Windows: Yes
Window Treatments: Yes

Room Information

Room Name	Level	Remarks
Primary Bedroom	First	Master BA adj/priv closet
Bedroom 2	Basement	2nd BA adj/priv closet
Kitchen	First	Part of great room
Dining Room	First	Part of great room
Living Room	First	Part of great room; F/P
Den	Basement	Part of rec rm
Great Room	First	Living/dining rm/kitchen
Game Room	Basement	Rec rm/den; pool table
Utility Room	Basement	W/D connections
Primary Bathroom	First	Master bathroom
Other	Basement	2nd bathroom
Primary Bedroom	First
Bedroom 2	Basement
Kitchen	First
Dining Room	First
Living Room	First
Den	Basement
Great Room	First
Game Room	Basement
Utility Room	Basement
Primary Bathroom	First
Other	Basement

Listing Office: Colonial Real Estate, Inc.

Last Updated: August - 28 - 2024

Information deemed reliable but not guaranteed.

Geoff Hill, Realtor Lic. No. 322967 Prime Mountain Properties, Lic. No. 259072

721 Poplar Falls Way, “A Black Bear’s Den”, Gatlinburg, TN 37738 (MLS# 255159)