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.