877 Great Smoky Way, Majestic Vista, Gatlinburg, TN 37738

$1,075,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,104 Status: Closed
Current Price: $1,075,000 List Date: 7/18/2022 Last Modified: 10/04/2024

Description

877 Great Smoky Way AKA "Majestic Vista" is a 100% turn key, luxury grade, investment cabin located in Gatlinburg Falls Resort with over $103K in gross rental income in 2021. Simply stated, Gatlinburg Falls Resort is the most elegant and amenity-filled development in the Smokies and was rated the #1 Best Family Resort in the Smokies by Southern Living Magazine. "Majestic Vista" is a 2019 build and features 2160 sq ft of quality construction. It is a cut above the often-well-worn cabins in Gatlinburg Falls. The high-end luxurious essence is apparent upon entering the main level and greeted with the open floor plan design featuring tongue and groove walls, designer lighting, electric fireplace with surrounding stack stone and stylish durable vinyl plank flooring. This property offers a total turn key theme by offering upgrades and classy touches in every realm. For example, the fully equipped kitchen boasts all wood cabinetry (with soft-close feature), granite countertops, and black stainless appliances. There is a nifty and somewhat unique granite island with lower cabinets facing the kitchen, with an adjacent high-top walnut slab bar top with three barstools on the great room side. The dining area features a walnut dinner table with built in extensions to allow flexible seating arrangements. In fact, there is a separate granite top coffee bar serving station with custom wall shelving near the first level covered deck. There is also marble tile flooring with granite vanity in the half bath off the great room. To the left of the kitchen is a large laundry room that includes full size washer and dryer with ample shelving and is outfitted to the max. In the spacious laundry room, the guest supplies are on the shelves with lockable cabinets to hold cleaning service supplies. This brings us to the master bedroom with its king-sized log framed bed, ample closet, plus an ensuite bathroom with dual sink vanity and both bath tub and shower. The last main level item to note is the French doors that lead outside to the 24x8 deck utilizing top grade composite decking. This lower deck has a hand carved bear emblem glider along with other themed deck chairs, plus a hot tub made private with angled wood slats. It is to be noted that a charcoal grill is located outside the covered front porch entry for guest's use. Transitioning to the upper level does not escape attention to detail by having a "child stop barrier" for a safety feature. The stairs begin in the back right corner of the main level and lead to a halfway point landing then pivots to continue to the second level. This style stairs cuts down on noise between levels by eliminating a direct path between floors and thus offers two distinct enjoyment zones for guest to enjoy. The second level has the entertainment vibe going and is outfitted with a combination ping pong, air hocky and pool table plus custom whisky barrel arcade game. The recreation room area also has a smart TV, leather sofa plus nostalgic National Park posters. The upper-level sleeping arrangements are a master bedroom with log king size bed plus a separate bedroom with double tier bunkbed setup. A modified "Jack and Jill" bathroom setup has two double sink vanities for each sleeping area with a central shower and toilet access. This brings us to one of the main features of Majestic Vista, the upper-level deck. Here an unobstructed view of Mount LeConte plus a long-range view of Sugarland Mountain separate Majestic Vista from other investment cabins currently on the market. With the hot tub on the main level deck, the entire twenty-four foot in length deck is available for sunset gatherings. In summary, Majestic Vista is a luxury total turn key investment cabin with the owners willing to transfer the reservations, photos and service contact providers to the next owner.

More Information MLS# 251975

Location, Tax, and Legal

Street Additional Info: Majestic Vista Restrictive Covenants YN: Yes Zoning: R-1 Zoning Entity: Gatlinburg Tax Lot: 42 Book/Page/Doc #: LM 5, 59 Tax Annual Amount: 2162.88 Tax Year: 2021

Contract Information

Association Type: Mandatory Owner Name: Kindercabins LLC Listing Agreement: Exclusive Right To Sell Occupancy: Either Common Interest: Planned Development Rental History Gross Amount 1: 103391 Rental History Year 1: 2021 Rental History Gross Amount 2: 49992 Rental History Year 2: 2022 Association YN: Yes Association Fee: 300 Association Fee Frequency: Monthly Association Name: Gatlinburg Falls Resort Association Email: GatlinburgFallsResortHOA@gmail.com Current Price: $1,075,000 Original List Price: 1195000 Sold Price: $1,075,000 Status: Closed Listing Contract Date: 2022-07-18

General Property Information

Lot Size Acres: 0 Above Grade Finished Area: 2104 Below Grade Finished Area: 0 Below Grade Unfinished Area: 0 Garage YN: No Bathrooms Half: 1 Garage Spaces: 0 Bonus Room YN: Yes Number of Bonus Rooms: 1 Bonus Room Type(s): Rec Room 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: 567.97 Sold Price/SqFt: 510.93 Living Area: 2104 Bedrooms Total: 3 Bathrooms Total: 4 Bathrooms Full: 3 Year Built: 2019

Remarks and Miscellaneous

Public Remarks: 877 Great Smoky Way AKA "Majestic Vista" is a 100% turn key, luxury grade, investment cabin located in Gatlinburg Falls Resort with over $103K in gross rental income in 2021. Simply stated, Gatlinburg Falls Resort is the most elegant and amenity-filled development in the Smokies and was rated the #1 Best Family Resort in the Smokies by Southern Living Magazine. "Majestic Vista" is a 2019 build and features 2160 sq ft of quality construction. It is a cut above the often-well-worn cabins in Gatlinburg Falls. The high-end luxurious essence is apparent upon entering the main level and greeted with the open floor plan design featuring tongue and groove walls, designer lighting, electric fireplace with surrounding stack stone and stylish durable vinyl plank flooring. This property offers a total turn key theme by offering upgrades and classy touches in every realm. For example, the fully equipped kitchen boasts all wood cabinetry (with soft-close feature), granite countertops, and black stainless appliances. There is a nifty and somewhat unique granite island with lower cabinets facing the kitchen, with an adjacent high-top walnut slab bar top with three barstools on the great room side. The dining area features a walnut dinner table with built in extensions to allow flexible seating arrangements. In fact, there is a separate granite top coffee bar serving station with custom wall shelving near the first level covered deck. There is also marble tile flooring with granite vanity in the half bath off the great room. To the left of the kitchen is a large laundry room that includes full size washer and dryer with ample shelving and is outfitted to the max. In the spacious laundry room, the guest supplies are on the shelves with lockable cabinets to hold cleaning service supplies. This brings us to the master bedroom with its king-sized log framed bed, ample closet, plus an ensuite bathroom with dual sink vanity and both bath tub and shower. The last main level item to note is the French doors that lead outside to the 24x8 deck utilizing top grade composite decking. This lower deck has a hand carved bear emblem glider along with other themed deck chairs, plus a hot tub made private with angled wood slats. It is to be noted that a charcoal grill is located outside the covered front porch entry for guest's use. Transitioning to the upper level does not escape attention to detail by having a "child stop barrier" for a safety feature. The stairs begin in the back right corner of the main level and lead to a halfway point landing then pivots to continue to the second level. This style stairs cuts down on noise between levels by eliminating a direct path between floors and thus offers two distinct enjoyment zones for guest to enjoy. The second level has the entertainment vibe going and is outfitted with a combination ping pong, air hocky and pool table plus custom whisky barrel arcade game. The recreation room area also has a smart TV, leather sofa plus nostalgic National Park posters. The upper-level sleeping arrangements are a master bedroom with log king size bed plus a separate bedroom with double tier bunkbed setup. A modified "Jack and Jill" bathroom setup has two double sink vanities for each sleeping area with a central shower and toilet access. This brings us to one of the main features of Majestic Vista, the upper-level deck. Here an unobstructed view of Mount LeConte plus a long-range view of Sugarland Mountain separate Majestic Vista from other investment cabins currently on the market. With the hot tub on the main level deck, the entire twenty-four foot in length deck is available for sunset gatherings. In summary, Majestic Vista is a luxury total turn key investment cabin with the owners willing to transfer the reservations, photos and service contact providers to the next owner. Directions: From Downtown Gatlinburg, head North on US-321/East Parkway. In approximately 1.5 miles turn Left onto Ridge Rd. At the Stop Sign turn Right onto Dudley Creek Rd then take a Slight Right onto Hidden Valley Rd. In approximately .2 miles turn Left onto Houser Rd/Gatlinburg Falls Way. Stay on Gatlinburg Falls Way then turn Right onto Great Smoky Way. 877 Great Smoky Way(Majestic Vista) is on your Right.

Status Change Information

Status Change Timestamp: 2022-09-30 Buyer Financing: Cash Anticipated Closing Date: 2022-09-30 Major Change Timestamp: 2022-09-30T17:21:06Z Major Change Type: Status Change Purchase Contract Date: 2022-08-25 Close Date: 2022-09-30 Close Price: 1075000

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Architectural Style

Cabin: 1 Log: 1

Association Amenities

Clubhouse: 1 Pool: 1

Association Fee Includes

Insurance: 1 Roads: 1

Attic Features

None: 1

Basement

Crawl Space: 1 None: 1

Community Features

Clubhouse: 1

Construction Materials

Block: 1 Frame: 1 Log Siding: 1 Wood Siding: 1

Cooling

Heat Pump: 1

Exterior Features

Rain Gutters: 1

Fireplace Features

Fireplaces Total: 1 Electric: 1

Heating

Heat Pump: 1

Interior Features

Ceiling Fan(s): 1 Great Room: 1 High Speed Internet: 1 Soaking Tub: 1 Solid Surface Counters: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

Two: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Parking Features

Driveway: 1 Paved: 1

Patio And Porch Features

Covered: 1 Deck: 1

Pool Features

Hot Tub: 1 Private: 1

Possession

Close Of Escrow: 1

Rental

Off Site: 1 Rental History: 1

Road Frontage Type

Private Road: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Security System: 1 Smoke Detector(s): 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1

View

Mountain(s): 1

Water Source

Public: 1

Window Features

Double Pane Windows: 1 Window Treatments: 1

Showing Requirements

Showing Instructions: Call Showing Time to schedule all showings 1-800-746-9464. Please submit all questions and offers to list agent #2,Keith Garnes (865) 712-6753 or kgarnes@JasonWhiteTeam.com. See Remarks: 1

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Room Types

Bedroom 2: 1 Bedroom 2 Level: 2 Bedroom 3: 1 Bedroom 3 Level: 2 Dining Room: 1 Dining Room Level: 1 Game Room: 1 Game Room Level: 2 Kitchen: 1 Kitchen Level: 1 Living Room: 1 Living Room Level: 1 Primary Bedroom: 1 Primary Bedroom Level: 1 Utility Room: 1 Utility Room Level: 1

Location Tax and Legal

Street Number: 877 Street Name: Great Smoky Street Suffix: Way County: Sevier State: TN Zip Code: 37738 Property Sub Type: Single Family Residence MLS Area Major: Gatlinburg Subdivision Name: Gatlinburg Falls

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Log Association Amenities: Clubhouse; Pool Association Fee Includes: Insurance; Roads Attic Features: None Basement: Crawl Space; None Community Features: Clubhouse Construction Materials: Block; Frame; Log Siding; Wood Siding Cooling: Heat Pump Exterior Features: Rain Gutters Fireplace Features: Electric Heating: Heat Pump Interior Features: Ceiling Fan(s); Great Room; High Speed Internet; Soaking Tub; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: Driveway; Paved Patio And Porch Features: Covered; Deck Pool Features: Hot Tub; Private Possession: Close Of Escrow Rental: Off Site; Rental History Road Frontage Type: Private Road Road Surface Type: Paved Roof: Composition Security Features: Security System; Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available View: Mountain(s) Water Source: Public Window Features: Double Pane Windows; Window Treatments Showing Requirements: See Remarks Room Types: Bedroom 2; Bedroom 3; Dining Room; Game Room; Kitchen; Living Room; Primary Bedroom; Utility Room

Room Information

Primary Bedroom Level: First Remarks: Adjacent to living room; Size: 15X11 Bedroom 2 Level: Second Remarks: Adjacent to rec room; Size: 15X11 Bedroom 3 Level: Second Remarks: Bunk room; Size: 13X9 Kitchen Level: First Remarks: Utility room access; Size: 16X10 Dining Room Level: First Remarks: Dining/Living Cmb; Size: 20X20 Living Room Level: First Remarks: Covered deck access; Size: 20X20 Game Room Level: Second Remarks: Mountain View; Size: 20X20 Utility Room Level: First Remarks: Closet/Pantry; Size: 7X6 Primary Bedroom Level: First Bedroom 2 Level: Second Bedroom 3 Level: Second Kitchen Level: First Dining Room Level: First Living Room Level: First Game Room Level: Second Utility Room Level: First
Listing Office: Century 21 Legacy GP
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.