848 String Run Way, Pigeon Forge, TN 37863
$1,060,000
Property Type:
Residential
Bedrooms:
5
Baths:
5
Square Footage:
2,772
Status:
Closed
Current Price:
$1,060,000
List Date:
1/26/2023
Last Modified:
8/31/2024
Description
OPEN 8/3 ~ CALL TODAY TO SCHEDULE YOUR SHOWING. Back on the market at not fault of seller. Rare opportunity to purchase in this development ready for rental market. Proven income producing cabin minutes to the Parkway in Pigeon Forge. You won't find a better location with a quiet feel but so convenient to all the action. Investors have seen a gross of $160,000 a year with the same model. This 5/5 cabin is being sold turnkey ready for the overnight rental market! 12 million + tourist visit the Smokies yearly and this cabin offers a great location 1.2 miles to the Parkway in Pigeon Forge. LVP flooring, knotty pine interior walls, solid surface counter tops, stainless steel appliances and multiple decks for guests to enjoy the outdoors. Relax in the hot tub while you take in the mountain air. Enjoy private accommodations with a Main Floor Master, 2 bedrooms upstairs and 2 bedrooms in the lower level each with their own full bath. Entertain adult guest on the main level while the kids play in the lower level theater room. Taxes are estimated only, new value to be determined. Please note photos are only to represent what you might expect for design and finishes. This is a limited release so don't miss your opportunity to buy a money maker. Buyer to verify square footage, rental projections, etc. View 3D Matterport of our 8/8 bath for similar finishes/decor at https://my.matterport.com/show/?m=Uj1og9b7oMy
More Information MLS# 255564
Location, Tax, and Legal
New Construction YN: Yes
New Construction Start Date: 2022-11-01
Estimated Completion Date: 2022-05-01
Restrictive Covenants YN: Yes
Zoning: R-2
Zoning Entity: Pigeon Forge
Tax Lot: 25
Book/Page/Doc #: 5595, 672
Tax Annual Amount: 1474.45
Tax Year: 2022
Contract Information
Association Type: Mandatory
Owner Name: FTPF
Listing Agreement: Exclusive Right To Sell
Occupancy: Overnight Only
Common Interest: Planned Development
Rental History Gross Amount 1: 160000
Rental History Year 1: 2023
Association YN: Yes
Association Fee: 100
Association Fee Frequency: Monthly
Association Name: Fiddlers Creek HOA
Association Email: jvbrent@gmail.com
Current Price: $1,060,000
Original List Price: 1090000
Sold Price: $1,060,000
Status: Closed
Listing Contract Date: 2023-01-26
General Property Information
Lot Size Dimensions: 0
Lot Size Acres: 0
Above Grade Finished Area: 1812
Below Grade Finished Area: 960
Below Grade Unfinished Area: 0
Garage YN: No
Bathrooms Half: 0
Garage Spaces: 0
Bonus Room YN: No
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
List Price/SqFt: 393.22
Sold Price/SqFt: 382.4
Living Area: 2772
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 5
Year Built: 2023
Remarks and Miscellaneous
Public Remarks: OPEN 8/3 ~ CALL TODAY TO SCHEDULE YOUR SHOWING. Back on the market at not fault of seller. Rare opportunity to purchase in this development ready for rental market. Proven income producing cabin minutes to the Parkway in Pigeon Forge. You won't find a better location with a quiet feel but so convenient to all the action. Investors have seen a gross of $160,000 a year with the same model. This 5/5 cabin is being sold turnkey ready for the overnight rental market! 12 million + tourist visit the Smokies yearly and this cabin offers a great location 1.2 miles to the Parkway in Pigeon Forge. LVP flooring, knotty pine interior walls, solid surface counter tops, stainless steel appliances and multiple decks for guests to enjoy the outdoors. Relax in the hot tub while you take in the mountain air. Enjoy private accommodations with a Main Floor Master, 2 bedrooms upstairs and 2 bedrooms in the lower level each with their own full bath. Entertain adult guest on the main level while the kids play in the lower level theater room. Taxes are estimated only, new value to be determined. Please note photos are only to represent what you might expect for design and finishes. This is a limited release so don't miss your opportunity to buy a money maker. Buyer to verify square footage, rental projections, etc. View 3D Matterport of our 8/8 bath for similar finishes/decor at https://my.matterport.com/show/?m=Uj1og9b7oMy
Directions: Take Pine Mountain Rd for 1.2 miles to a right on Fiddlers Creek Way, go to the top of the hill and take a left on String Run Way. Cabin site will be the 7th site on the left.
Status Change Information
Status Change Timestamp: 2023-09-08
Buyer Financing: Conventional
Anticipated Closing Date: 2023-09-04
Major Change Timestamp: 2023-09-08T17:31:59Z
Major Change Type: Status Change
Purchase Contract Date: 2023-08-05
Close Date: 2023-09-08
Close Price: 1060000
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Log: 1
Association Fee Includes
Maintenance Grounds: 1
Roads: 1
Attic Features
None: 1
Basement
Basement: 1
Finished: 1
Full: 1
Construction Materials
Frame: 1
Log: 1
Log Siding: 1
Cooling
Central Air: 1
Electric: 1
Heat Pump: 1
Exterior Features
Rain Gutters: 1
Fireplace Features
Fireplaces Total: 1
Electric: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Solid Surface Counters: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Tri-Level: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Sprinklers In Front: 1
Sprinklers In Rear: 1
Parking Features
Driveway: 1
Paved: 1
Patio And Porch Features
Covered: 1
Deck: 1
Porch: 1
Pool Features
Hot Tub: 1
Property Condition
To Be Built: 1
Rental
Off Site: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Window Features
Double Pane Windows: 1
Window Treatments: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Location Tax and Legal
Street Number: 848
Street Name: String Run
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37863
Property Sub Type: Single Family Residence
MLS Area Major: Pigeon Forge
Subdivision Name: Fiddlers Creek Pud
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style: Cabin; Log
Association Fee Includes: Maintenance Grounds; Roads
Attic Features: None
Basement: Basement; Finished; Full
Construction Materials: Frame; Log; Log Siding
Cooling: Central Air; Electric; Heat Pump
Exterior Features: Rain Gutters
Fireplace Features: Electric
Heating: Central; Electric; Heat Pump
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Solid Surface Counters
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Tri-Level
Listing Terms: Cash; Conventional
Lot Features: Sprinklers In Front; Sprinklers In Rear
Parking Features: Driveway; Paved
Patio And Porch Features: Covered; Deck; Porch
Pool Features: Hot Tub
Property Condition: To Be Built
Rental: Off Site
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Metal
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Water Source: Public
Window Features: Double Pane Windows; Window Treatments
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Listing Office:
Crye-Leike REALTORS, Inc. Johnson City
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.