793 Chestnut Drive, Gatlinburg, TN 37738

$2,300,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 3,746 Lot Size (sq. ft.): 39,814 Status: Closed
Current Price: $2,300,000 List Date: 3/10/2023 Last Modified: 8/27/2024

Description

PRICE REDUCED! Sellers open to a creative deal! This stunning new construction is a MONEY MAKER, on track for $250k in RENTS ONLY in its first 12 months as a rental! With a prime location in Chalet Village North, and unbelievable views from every room, it has everything you need to be successful. From the moment you step through the door, you'll be greeted by a warm and inviting atmosphere that will wow your family and guests. With four king suites, a bonus sleeping room, and custom full-over-full bunks in the game room, this cabin rents as a 5/5.5 and is outfitted to comfortably sleep 18 in beds! Multiple recreation areas, three wrap-around decks, and a heated outdoor ModPool with viewing window make this property second to none. The main level of the home features an open-concept floor plan that seamlessly blends the living, dining, and kitchen areas. The living room features a huge wall of windows for taking in the views, while the kitchen is fully equipped with high-end appliances and a large island that is perfect for preparing meals. Custom dining set and bar stools by Kerf and Burled elevate your experience even further. Nothing has been overlooked for recreation - the main game room on the ground level hosts a pool table, digital pinball, and skee ball! Enjoy a game of shuffleboard on the main level with the custom shuffleboard table, and upstairs in the loft you'll find foozball and a Silver Strike multicade. Ready to relax with a beverage? The custom loft bar top provides superior views and plenty of seating for all. Everything is of premium quality and optimized for guest satisfaction. All five suites feature amazing views and direct access to the wrap-around decks. Generously sized and professionally decorated, you'll find thoughtful touches and modern fixtures throughout; all have king beds and en-suite bathrooms with tile surrounds. Located in the game room are two sets of built-in full-over-full bunks for kid-approved slumber parties! Outside, you'll find plenty of space for outdoor living and entertaining, including three large wrap-around decks perfect for grilling and dining al fresco. Relax in the hot tub, or take a dip in the heated, ultra-modern ModPool - featuring an underwater viewing window that will please all ages! The quality of construction is unsurpassed, with Trex decking and cement-fiber siding offering extremely low maintenance for years to come. Don't miss your chance to own this spectacular property. Contact your agent today to schedule a viewing! Drone photography is being used.

More Information MLS# 256186

Location, Tax, and Legal

Restrictive Covenants YN: Yes Zoning: R-1 Zoning Entity: Sevier County Parcel Number: 126B A 017.00 Tax Lot: 301 Book/Page/Doc #: 6237, 739 Tax Annual Amount: 224.96 Tax Year: 2022

Contract Information

Association Type: Voluntary Owner Name: Smoky Ventures LLC Listing Agreement: Exclusive Right To Sell Occupancy: Either Association YN: Yes Association Fee: 534 Association Fee Frequency: Annually Association Name: Chalet Village Owners Club Association Email: cvowners@aol.com Current Price: $2,300,000 Original List Price: 2500000 Sold Price: $2,300,000 Status: Closed Listing Contract Date: 2023-03-10

General Property Information

Lot Size Dimensions: 273.49 X 255.58 IRR Lot Size Acres: 0.914 Above Grade Finished Area: 3746 Below Grade Finished Area: 0 Below Grade Unfinished Area: 0 Garage YN: No Bathrooms Half: 1 Garage Spaces: 0 Bonus Room YN: Yes Furnished: Furnished Accessory Dwelling Unit YN: No Sign On Property YN: Yes Home Warranty YN: No Construction Type: Site Built View YN: Yes List Price/SqFt: 613.99 Sold Price/SqFt: 613.99 Living Area: 3746 Bedrooms Total: 4 Bathrooms Total: 6 Bathrooms Full: 5 Year Built: 2022

Remarks and Miscellaneous

Public Remarks: PRICE REDUCED! Sellers open to a creative deal! This stunning new construction is a MONEY MAKER, on track for $250k in RENTS ONLY in its first 12 months as a rental! With a prime location in Chalet Village North, and unbelievable views from every room, it has everything you need to be successful. From the moment you step through the door, you'll be greeted by a warm and inviting atmosphere that will wow your family and guests. With four king suites, a bonus sleeping room, and custom full-over-full bunks in the game room, this cabin rents as a 5/5.5 and is outfitted to comfortably sleep 18 in beds! Multiple recreation areas, three wrap-around decks, and a heated outdoor ModPool with viewing window make this property second to none. The main level of the home features an open-concept floor plan that seamlessly blends the living, dining, and kitchen areas. The living room features a huge wall of windows for taking in the views, while the kitchen is fully equipped with high-end appliances and a large island that is perfect for preparing meals. Custom dining set and bar stools by Kerf and Burled elevate your experience even further. Nothing has been overlooked for recreation - the main game room on the ground level hosts a pool table, digital pinball, and skee ball! Enjoy a game of shuffleboard on the main level with the custom shuffleboard table, and upstairs in the loft you'll find foozball and a Silver Strike multicade. Ready to relax with a beverage? The custom loft bar top provides superior views and plenty of seating for all. Everything is of premium quality and optimized for guest satisfaction. All five suites feature amazing views and direct access to the wrap-around decks. Generously sized and professionally decorated, you'll find thoughtful touches and modern fixtures throughout; all have king beds and en-suite bathrooms with tile surrounds. Located in the game room are two sets of built-in full-over-full bunks for kid-approved slumber parties! Outside, you'll find plenty of space for outdoor living and entertaining, including three large wrap-around decks perfect for grilling and dining al fresco. Relax in the hot tub, or take a dip in the heated, ultra-modern ModPool - featuring an underwater viewing window that will please all ages! The quality of construction is unsurpassed, with Trex decking and cement-fiber siding offering extremely low maintenance for years to come. Don't miss your chance to own this spectacular property. Contact your agent today to schedule a viewing! Drone photography is being used. Directions: From the Spur, turn onto Wiley Oakley at the Welcome Center. After 1.1 miles, continue straight onto N Woodland Drive. Follow for 0.2 miles, then bear left onto Chestnut Drive. Property will be on the right.

Status Change Information

Status Change Timestamp: 2023-10-25 Buyer Financing: Other Anticipated Closing Date: 2023-10-23 Major Change Timestamp: 2023-10-25T17:35:25Z Major Change Type: Status Change Price Change Timestamp: 2023-08-08T23:30:00Z Purchase Contract Date: 2023-10-12 Close Date: 2023-10-25 Close Price: 2300000

Appliances

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

Architectural Style

Cabin: 1 Chalet: 1 Contemporary: 1

Association Amenities

Clubhouse: 1 Pool: 1 Tennis Court(s): 1

Attic Features

None: 1

Basement

Crawl Space: 1 None: 1

Community Features

Clubhouse: 1

Construction Materials

Cement Siding: 1

Cooling

Central Air: 1 Electric: 1

Fireplace Features

Electric: 1

Heating

Electric: 1 Heat Pump: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 Great Room: 1 Solid Surface Counters: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

Three Or More: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Patio And Porch Features

Covered: 1 Deck: 1

Pool Features

Hot Tub: 1 Private: 1

Possession

Close Of Escrow: 1

Road Frontage Type

City Street: 1 County Road: 1

Roof

Metal: 1

Security Features

Smoke Detector(s): 1

Sewer

Septic Tank: 1

View

Mountain(s): 1

Water Source

Public: 1

Window Features

Double Pane Windows: 1

Showing Requirements

Showing Instructions: Text Julie at 615-568-6195 to show. Video tour here: https://youtu.be/_GePOtB6wl0 Loan may be assumable; sellers open to creative deal structuring. Currently managed by StaySimpli; buyer is not required to remain with PM, though sellers would prefer it. HOA is mandatory if property is a vacation rental. Property taxes are for LOT ONLY; they will increase when property is assessed. Tax records did not provide acreage number; acreage is from survey. Square footage from previous appraisal. Information is deemed reliable but not guaranteed; buyer or buyer's agent to verify anything of importance to them.

Location Tax and Legal

Street Number: 793 Street Name: Chestnut Street Suffix: Drive County: Sevier State: TN Zip Code: 37738 Property Sub Type: Single Family Residence MLS Area Major: Gatlinburg Subdivision Name: Chalet Village North

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin; Chalet; Contemporary Association Amenities: Clubhouse; Pool; Tennis Court(s) Attic Features: None Basement: Crawl Space; None Community Features: Clubhouse Construction Materials: Cement Siding Cooling: Central Air; Electric Fireplace Features: Electric Heating: Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Patio And Porch Features: Covered; Deck Pool Features: Hot Tub; Private Possession: Close Of Escrow Road Frontage Type: City Street; County Road Roof: Metal Security Features: Smoke Detector(s) Sewer: Septic Tank View: Mountain(s) Water Source: Public Window Features: Double Pane Windows
Listing Office: eXp Realty, LLC 7720
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.