934 Sourwood Drive, Sky Villa, Gatlinburg, TN 37738

$2,100,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,012 Lot Size (sq. ft.): 19,166 Status: Closed
Current Price: $2,100,000 List Date: 8/09/2022 Last Modified: 8/27/2024

Overview

Description

Sky Villa is a new custom built cabin by long time veterans in the STR market of the Smokies. They have thought of everything that makes a great rental. The proof of that is in the numbers. In 2022, between the YTD bookings and future reservations through the end of the year they have brought in gross revenue of $220,910. The cabin was first available to rent in November 2021 and in just those 2 months it grossed over $57,000, so there is more upside once the word gets out about this one. The sellers are willing to help the new owners transition with current bookings. This one-of-a-kind luxury cabin has a multi-million-dollar view. Each bedroom has a private master suite, king size bed, and Smart TV. An open floor plan takes advantage of the incredible view of the panoramic mountain views. The great room features coffered ceilings with indirect lighting, a stack stone fireplace, dining area, and a gourmet kitchen with all the extras to make you feel right at home! Also, the main floor features a large master suite with a beautiful adjoining bathroom. Easily accessible on the main floor is the laundry closet, complete with a full-size washer and dryer for your convenience. In our upstairs game room, kids and adults can enjoy our 7-foot pool table, 2-player tabletop arcade machine, a 50-inch large Smart TV, and a fun truck bar, all while overlooking the panoramic mountain views from the large wraparound windows. The upper level also features two large master suites with adjoining bathrooms. Buyers and their guests will enjoy a movie night on the big screen theater room. Featuring our 85" Smart TV and deluxe theater seats, you can enjoy all of your favorite movies and sports without leaving the cabin! Also on the lower level is an additional sleeping quarter with an accessible full bathroom directly across the hallway. The oversized main level deck is sure to entertain with a focus on relaxation and fun! The eight outdoor Adirondack-style counter-height chairs feature two counter-height chairs connected by one matching table. Inspired by the idea of sitting back and enjoying a private conversation with a friend by having both chairs angle toward each other, it makes for the perfect outdoor space! Enjoy your morning coffee with the backdrop of Mt. LeConte and those beautiful long-range views that are sure to take your breath away! If you are in the mood for a fun picnic and a bird's-eye view of the Smoky Mountains, head up to the top of our 2-story gazebo with the highest mountaintop outlook to enjoy lunch on the 8-person picnic table! And to wrap up your evening under the ambient lighting in the gazebo, submerge yourself into the 7-person hot tub with a glass of wine and a long, relaxing soak! The sellers have also just listed their other new cabin right next door. MLS# 253356 For even more details please see the Virtual tour which has a link to the cabin website.

Listing Details MLS# 253352

General Property Information

Lot Size Acres
0.44
Living Area
3012
Above Grade Finished Area
2212
Below Grade Finished Area
800
Bedrooms Total
3
Bathrooms Total
4
Bathrooms Full
4
Garage YN
No
Year Built
2021
Bonus Room YN
Yes
Number of Bonus Rooms
Yes
Bonus Room Type(s)
Sleeping quarters
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
697.21
Sold Price/SqFt
697.21
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Chalet; Contemporary Association Amenities: Clubhouse; Pool; Tennis Court(s) Attic Features: None Basement: Basement; Finished Construction Materials: Vinyl Siding Cooling: Central Air Fireplace Features: Electric Heating: Central Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Patio And Porch Features: Deck Pool Features: Hot Tub Possession: Close Of Escrow Rental: Off Site Road Frontage Type: County Road Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File View: Mountain(s) Water Source: Public Window Features: Double Pane Windows; Window Treatments Showing Requirements: Call Listing Agent Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Game Room; Kitchen; Living Room; Primary Bedroom

Location Tax and Legal

Street Number
934
Street Name
Sourwood
Street Suffix
Drive
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Gatlinburg
Subdivision Name
Chalet Village

Contract Information

Original List Price
2100000
Listing Contract Date
2022-08-09
Owner Name
Cofield
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Rental History Gross Amount 1
210495
Rental History Year 1
2021
Association YN
Yes
Association Fee
42
Association Fee Frequency
Monthly
Association Name
Chalet Village owners club
Association Email
n/a
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Sky Villa is a new custom built cabin by long time veterans in the STR market of the Smokies. They have thought of everything that makes a great rental. The proof of that is in the numbers. In 2022, between the YTD bookings and future reservations through the end of the year they have brought in gross revenue of $220,910. The cabin was first available to rent in November 2021 and in just those 2 months it grossed over $57,000, so there is more upside once the word gets out about this one. The sellers are willing to help the new owners transition with current bookings. This one-of-a-kind luxury cabin has a multi-million-dollar view. Each bedroom has a private master suite, king size bed, and Smart TV. An open floor plan takes advantage of the incredible view of the panoramic mountain views. The great room features coffered ceilings with indirect lighting, a stack stone fireplace, dining area, and a gourmet kitchen with all the extras to make you feel right at home! Also, the main floor features a large master suite with a beautiful adjoining bathroom. Easily accessible on the main floor is the laundry closet, complete with a full-size washer and dryer for your convenience. In our upstairs game room, kids and adults can enjoy our 7-foot pool table, 2-player tabletop arcade machine, a 50-inch large Smart TV, and a fun truck bar, all while overlooking the panoramic mountain views from the large wraparound windows. The upper level also features two large master suites with adjoining bathrooms. Buyers and their guests will enjoy a movie night on the big screen theater room. Featuring our 85" Smart TV and deluxe theater seats, you can enjoy all of your favorite movies and sports without leaving the cabin! Also on the lower level is an additional sleeping quarter with an accessible full bathroom directly across the hallway. The oversized main level deck is sure to entertain with a focus on relaxation and fun! The eight outdoor Adirondack-style counter-height chairs feature two counter-height chairs connected by one matching table. Inspired by the idea of sitting back and enjoying a private conversation with a friend by having both chairs angle toward each other, it makes for the perfect outdoor space! Enjoy your morning coffee with the backdrop of Mt. LeConte and those beautiful long-range views that are sure to take your breath away! If you are in the mood for a fun picnic and a bird's-eye view of the Smoky Mountains, head up to the top of our 2-story gazebo with the highest mountaintop outlook to enjoy lunch on the 8-person picnic table! And to wrap up your evening under the ambient lighting in the gazebo, submerge yourself into the 7-person hot tub with a glass of wine and a long, relaxing soak! The sellers have also just listed their other new cabin right next door. MLS# 253356 For even more details please see the Virtual tour which has a link to the cabin website.
Directions
From Traffic light 10 in Gatlinburg, turn onto Ski Mountain Rd. Travel approx 1.6 miles to a right onto Wiley Oakley. At the next 4 way stop sign, go straight onto Cliff Branch Rd. Stay on Cliff Branch for approx .4 miles and turn right on to Sourwood Dr. Go approx .2 miles to chalet on your left.

Status Change Information

Major Change Timestamp
2022-10-11T17:22:34Z
Major Change Type
Status Change
Status Change Timestamp
2022-10-11
Purchase Contract Date
2022-08-24
Close Date
2022-10-11
Close Price
2100000
Buyer Financing
Conventional
Anticipated Closing Date
2022-10-13

More Information

Showing Requirements

Showing Instructions
Septic permit for 3 bedrooms from a permit that was for a cabin that burned in 2016 fire. Just count the bedroom photos!! For even more details please see the Virtual tour which has a link to the cabin website. The sellers have also listed there other new cabin right next door. MLS 253356
Call Listing Agent
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Room Types

Bedroom 2 Level
2
Bedroom 3 Level
2
Bedroom 4 Level
B
Game Room Level
2
Kitchen Level
Yes
Living Room Level
Yes
Primary Bedroom Level
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Bedroom 4
Yes
Game Room
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes

Location, Tax, and Legal

Street Additional Info
Sky Villa
Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Parcel Number
126G C 028.00
Tax Lot
243
Book/Page/Doc #
5489, 188
Tax Annual Amount
2022.78
Tax Year
2021

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Cooktop
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes

Architectural Style

Chalet
Yes
Contemporary
Yes

Association Amenities

Clubhouse
Yes
Pool
Yes
Tennis Court(s)
Yes

Attic Features

None
Yes

Basement

Basement
Yes
Finished
Yes

Construction Materials

Vinyl Siding
Yes

Cooling

Central Air
Yes

Fireplace Features

Electric
Yes

Heating

Central
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Great Room
Yes
High Speed Internet
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Patio And Porch Features

Deck
Yes

Pool Features

Hot Tub
Yes

Possession

Close Of Escrow
Yes

Rental

Off Site
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes
Septic Permit On File
Yes

View

Mountain(s)
Yes

Water Source

Public
Yes

Window Features

Double Pane Windows
Yes
Window Treatments
Yes

Room Information

Primary Bedroom Level: First Bedroom 2 Level: Second Bedroom 3 Level: Second Bedroom 4 Level: Basement Kitchen Level: First Living Room Level: First Game Room Level: Second Primary Bedroom Level: First Bedroom 2 Level: Second Bedroom 3 Level: Second Bedroom 4 Level: Basement Kitchen Level: First Living Room Level: First Game Room Level: Second
Listing Office: All Pro REALTORS, Inc.
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.