964 Village Loop Road, Gatlinburg, TN 37738

$1,050,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,160 Lot Size (sq. ft.): 45,738 Status: Closed
Current Price: $1,050,000 List Date: 8/12/2022 Last Modified: 10/04/2024

Overview

Description

964 Village Loop is a turnkey rental 2160 square foot three-bedroom cabin with three and a half baths located in Chalet Village North above Gatlinburg. Eagle Property Managment, INC is projecting rental revenues, (not gross), in the $89K - $110K Rental Income Range. The cabin was built in 2019 and is situated on an over an acre lot near the 1800-foot elevation level plus offers an excellent view from its covered decks. The cabin features a master bedroom on the main and is being offered fully furnished and outfitted as a short-term rental. A tour of 964 Village Loop begins with the recently repaved circular driveway leading to the covered front porch entry. Regionally renown wood artisan Johnny Watkins of Carvers of the Smokies customized the front door and the results are striking. Stepping into the cabin on the tiled entry, the kitchen area flowing into the great room with Arcadia hardwood look durable flooring and the 16-foot cathedral ceilings comes into view. The hicko ...

Listing Details MLS# 253413

General Property Information

Lot Size Acres
1.05
Living Area
2160
Above Grade Finished Area
1080
Below Grade Finished Area
1080
Bedrooms Total
3
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Garage YN
No
Year Built
2019
Bonus Room YN
Yes
Number of Bonus Rooms
Yes
Bonus Room Type(s)
Rec room
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Construction Type
Site Built
View YN
Yes
List Price/SqFt
550
Sold Price/SqFt
486.11
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Microwave; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin Association Amenities: Clubhouse; Pool Attic Features: None Basement: Basement; Crawl Space; Finished; Full Construction Materials: Block; Frame; Log Siding Cooling: Heat Pump Exterior Features: Rain Gutters Fireplace Features: Gas Log Flooring: Wood Heating: Heat Pump Interior Features: Ceiling Fan(s); Soaking Tub; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Wooded Parking Features: Driveway; Paved Patio And Porch Features: Covered; Deck; Porch Possession: Close Of Escrow Road Frontage Type: County Road Road Surface Type: Paved Roof: Metal Security Features: Security System; Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File View: Mountain(s) Water Source: Public Showing Requirements: See Remarks Room Types: Bedroom 2; Bedroom 3; Dining Room; Game Room; Kitchen; Living Room; Primary Bedroom; Utility Room

Location Tax and Legal

Street Number
964
Street Name
Village Loop
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Chalet Village
Subdivision Name
Chalet Village North

Contract Information

Original List Price
1299000
Listing Contract Date
2022-08-12
Owner Name
Kinder Kavin L
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
Yes
Association Fee
42
Association Fee Frequency
Monthly
Association Name
Chalet Village
Association Email
cvowner@aol.com
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
964 Village Loop is a turnkey rental 2160 square foot three-bedroom cabin with three and a half baths located in Chalet Village North above Gatlinburg. Eagle Property Managment, INC is projecting rental revenues, (not gross), in the $89K - $110K Rental Income Range. The cabin was built in 2019 and is situated on an over an acre lot near the 1800-foot elevation level plus offers an excellent view from its covered decks. The cabin features a master bedroom on the main and is being offered fully furnished and outfitted as a short-term rental. A tour of 964 Village Loop begins with the recently repaved circular driveway leading to the covered front porch entry. Regionally renown wood artisan Johnny Watkins of Carvers of the Smokies customized the front door and the results are striking. Stepping into the cabin on the tiled entry, the kitchen area flowing into the great room with Arcadia hardwood look durable flooring and the 16-foot cathedral ceilings comes into view. The hickory cabinets with stainless steel pullouts (including a spice rack) elegantly stand above the granite counter tops flanked by top grade smart appliances. A granite top island with matching hickory cabinets provides seating for seven. A half bath is convent being tucked away beside the entry area. The great room features a gas log fireplace, but the large sliding door leading to the covered deck is the true focal point. The 272 square foot main level deck is outfitted with composite material seating and offers a view from Caney High Top out to the Tennessee Valley and beyond. Rounding out the main level is the large master bedroom with Timber Valley Rustic Aspen furniture including the king bed, end tables and dresser. The master bath is spacious and has a glass walk in shower. Moving on the lower level to first access the game/home theatre room, the stairwell with top and bottom safety retractable child restrainers give tribute to the attention to detail the cabin possesses. The lower level also contains a master bedroom with bath plus large owners' closet, the third bedroom, full bath, laundry folding station with additional storage cabinets and an oversized laundry closet. The game room features Catnapper chairs and love seat and is outfitted with barrel game machines. Other items of note on the lower level are ten-foot ceilings, stacked Electrolux energy start washer/dryer, custom blinds for window treatment, Log Heads Rustic Furniture brand beds plus an 8-foot-tall sliding glass door to leading to the covered lower deck. The property also has dual HVAC climate zones, one for each level. In conclusion, 964 Village Loop is an excellent choice for a primary residence, second home or investment cabin. Village Loop is one of the marque streets in Chalet Village North and therefore all of Gatlinburg. The Sellers have prepared the cabin for overnight rentals with the artwork and entertainment upgrades recently completed. The condition as well as attention to detail 964 Village Loop possess in its turnkey state lends to becoming your perfect short term rental investment going forward. Please schedule a showing soon.
Directions
From Downtown Gatlinburg take Ski Mountain Rd. In approximately 1.5 miles turn Right onto Wiley Oakley Dr. At the Stop Sign go Straight onto Cliff Branch Rd. Stay on Cliff Branch for approximately .7 miles, then at the Stop Sign turn Right onto Wiley Oakley Rd. In 300ft turn Right onto Village Loop Rd. then turn Left to stay on Village Loop Rd. At the fork Turn Left to stay on Village Loop Rd. At the corner of Village Loop Rd and Crooked Ridge Rd 964 Village Loop will be on your Left.

Status Change Information

Major Change Timestamp
2023-01-20T18:22:50Z
Major Change Type
Status Change
Price Change Timestamp
2022-10-12T02:11:23Z
Status Change Timestamp
2023-01-20
Purchase Contract Date
2022-11-20
Close Date
2023-01-20
Close Price
1050000
Buyer Financing
Conventional
Anticipated Closing Date
2022-12-22

More Information

Fireplace Features

Fireplaces Total
Yes
Gas Log
Yes

Showing Requirements

Showing Instructions
Call Showing Time to schedule all showings 1-800-746-9464. Cabin is easy to show! Please submit all questions and offers to list agent #2, Keith Garnes (865) 712-6753 or kgarnes@JasonWhiteTeam.com. As of October 3, 2022 the owners have set up as a turnkey rental and is easy to show. The occupancy of 964 village Loop has changed from owner occupied to a show and go.
See Remarks
Yes

Room Types

Bedroom 2 Level
B
Bedroom 3 Level
B
Dining Room Level
Yes
Game Room Level
B
Kitchen Level
Yes
Living Room Level
Yes
Primary Bedroom Level
Yes
Utility Room Level
B
Bedroom 2
Yes
Bedroom 3
Yes
Dining Room
Yes
Game Room
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes
Utility Room
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Gatlinburg
Tax Lot
585
Book/Page/Doc #
5446, 348
Tax Annual Amount
1941.39
Tax Year
2021

Appliances

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

Architectural Style

Cabin
Yes

Association Amenities

Clubhouse
Yes
Pool
Yes

Attic Features

None
Yes

Basement

Basement
Yes
Crawl Space
Yes
Finished
Yes
Full
Yes

Construction Materials

Block
Yes
Frame
Yes
Log Siding
Yes

Cooling

Heat Pump
Yes

Exterior Features

Rain Gutters
Yes

Flooring

Wood
Yes

Heating

Heat Pump
Yes

Interior Features

Ceiling Fan(s)
Yes
Soaking Tub
Yes
Solid Surface Counters
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Two
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Wooded
Yes

Parking Features

Driveway
Yes
Paved
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Porch
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Security Features

Security System
Yes
Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes
Septic Permit On File
Yes

View

Mountain(s)
Yes

Water Source

Public
Yes

Room Information

Room Name Level Remarks
Primary Bedroom First Mountain View; Size: 16X13
Bedroom 2 Basement Covered deck access; Size: 18X13
Bedroom 3 Basement Adjacent to rec room; Size: 15X11
Kitchen First Kitchen/Dining cmb; Size: 16X12
Dining Room First Eat in kitchen; Size: 16X12
Living Room First Gas log fireplace; Size: 19X18
Game Room Basement Hardwood floors; Size: 17X14
Utility Room Basement Closet; Size: 5X4
Primary Bedroom First
Bedroom 2 Basement
Bedroom 3 Basement
Kitchen First
Dining Room First
Living Room First
Game Room Basement
Utility Room Basement
Listing Office: Century 21 Legacy GP
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.