936 Falcon View Way, Sevierville, TN 37862

$1,100,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,892 Lot Size (sq. ft.): 40,511 Status: Closed
Current Price: $1,100,000 List Date: 1/03/2022 Last Modified: 8/31/2024

Overview

Description

**BUYERS LOST FINANCING! AMAZING INVESTMENT OPPORTUNITY!! ** Incredible income producing cabin with almost $150,000 income 2021! Located just minutes off the Parkway! This 3 bedroom luxury cabin comes fully furnished and has an unobstructed Smoky Mountain View! The main floor is home to the open concept living room, dining & kitchen. The living room leads to the main level deck, which is home to a new 6 person hot tub and stunning glass railing. The primary suite can also be found on the main level and includes an indoor jetted tub, full en-suite bathroom and doors leading onto the deck. The lower level focuses on fun with a large game room, complete with a pool table and foosball. The lower level also features the second and third bedrooms, along with a shared bathroom. Just beyond the game room, you'll have access to the cabin's second full deck. Numerous upgrades in 2020 and 2021 including new hot tub, stainless appliances, some new furniture inside and out, pool table restoration a ...

Listing Details MLS# 246721

General Property Information

Lot Size Acres
0.93
Living Area
1892
Above Grade Finished Area
946
Below Grade Finished Area
946
Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Garage YN
No
Year Built
2001
Bonus Room YN
Yes
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
View YN
Yes
List Price/SqFt
581.4
Sold Price/SqFt
581.4
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Log Attic Features: None Basement: Basement; Finished Construction Materials: Log Cooling: Central Air Fireplace Features: Electric Flooring: Wood Heating: Central Interior Features: Cathedral Ceiling(s); Soaking Tub Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Parking Features: Driveway; Paved Patio And Porch Features: Covered; Deck Pool Features: Hot Tub Possession: Close Of Escrow Rental: Off Site Road Surface Type: Paved Roof: Metal Sewer: Septic Tank View: Mountain(s) Water Source: Well Showing Requirements: See Remarks

Location Tax and Legal

Street Number
936
Street Name
Falcon View
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Pigeon Forge
Subdivision Name
Falcon View

Contract Information

Original List Price
1000000
Listing Contract Date
2022-01-03
Owner Name
Patel
Occupancy
Either
Association YN
No

Remarks and Miscellaneous

Public Remarks
**BUYERS LOST FINANCING! AMAZING INVESTMENT OPPORTUNITY!! ** Incredible income producing cabin with almost $150,000 income 2021! Located just minutes off the Parkway! This 3 bedroom luxury cabin comes fully furnished and has an unobstructed Smoky Mountain View! The main floor is home to the open concept living room, dining & kitchen. The living room leads to the main level deck, which is home to a new 6 person hot tub and stunning glass railing. The primary suite can also be found on the main level and includes an indoor jetted tub, full en-suite bathroom and doors leading onto the deck. The lower level focuses on fun with a large game room, complete with a pool table and foosball. The lower level also features the second and third bedrooms, along with a shared bathroom. Just beyond the game room, you'll have access to the cabin's second full deck. Numerous upgrades in 2020 and 2021 including new hot tub, stainless appliances, some new furniture inside and out, pool table restoration and BBQ grill/firepit. Gross rental income for 2021 is $147,760.
Directions
From traffic light #6 in Pigeon Forge turn onto Pine Mountain Rd. Go 1.7 miles to a Right onto Gibson Hollow Ln. Go .2 miles and continue straight onto Engle Town Rd. Go .2 miles to a Sharp Right onto Falcon View Way. Go .2 miles to cabin on Left.

Status Change Information

Major Change Timestamp
2022-05-16T17:03:55Z
Major Change Type
Status Change
Price Change Timestamp
2022-02-10T23:35:48Z
Status Change Timestamp
2022-05-16
Purchase Contract Date
2022-02-18
Close Date
2022-05-16
Close Price
1100000
Buyer Financing
Conventional
Anticipated Closing Date
2022-03-31

More Information

Fireplace Features

Fireplaces Total
Yes
Electric
Yes

Showing Requirements

Showing Instructions
Call Showing Time to Schedule Showing: 865-294-0053. Seller prefers Professional Title as closing attorney. Buyer to verify utilities including septic permit if applicable noting bedroom approval, square footage and HOA if applicable within the buyer due diligence period please. **Dotloop Easy Offer: https://www.dotloop.com/my/loop/p/xNzsBUm97g?v=DKkmK *** ALL OFFERS TO BE SUBMITTED BY 6PM THURSDAY JAN 6TH ****
See Remarks
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Tax Lot
4-A
Book/Page/Doc #
30, 152
Tax Annual Amount
798.41
Tax Year
2019

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Log
Yes

Attic Features

None
Yes

Basement

Basement
Yes
Finished
Yes

Construction Materials

Log
Yes

Cooling

Central Air
Yes

Flooring

Wood
Yes

Heating

Central
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Soaking Tub
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Two
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Parking Features

Driveway
Yes
Paved
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes

Pool Features

Hot Tub
Yes

Possession

Close Of Escrow
Yes

Rental

Off Site
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Sewer

Septic Tank
Yes

View

Mountain(s)
Yes

Water Source

Well
Yes
Listing Office: Keller Williams Smoky Mountain
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.