968 High Mountain Way, Gatlinburg, TN 37738

$1,200,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 2,904 Lot Size (sq. ft.): 1,307 Status: Closed
Current Price: $1,200,000 List Date: 7/20/2023 Last Modified: 8/28/2024

Description

Experience the tranquil grandeur of the Smoky Mountains with this extraordinary log cabin, nestled within the prestigious Black Bear Falls community. Boasting breathtaking views of Mt. LeConte, the cabin seamlessly blends peaceful solitude and easy access to downtown Gatlinburg's lively attractions and the magnificent Great Smoky Mountains National Park. You are welcomed by the inviting covered front porch and the serene mountain scene etched on the glass front doors. The crown jewel of the cabin is the spacious great room, featuring a cozy gas stacked stone fireplace, warm wood flooring and dramatic floor-to-ceiling windows that offer panoramic views of magnificent Mt. LeConte. The cabin's spaciousness unfolds with five generous master suites, each complemented with en suite bathrooms. The kitchen, adorned with polished granite counters and a handy breakfast bar, is fully equipped for all your culinary adventures. For entertainment, a basement rec room offers a media area, pool table and vintage arcade games, while the PVC vinyl plank flooring adds durability and a modern touch. Immerse yourself in outdoor living on two covered rear decks, which provide panoramic views of the Great Smoky Mountains, perfect for relaxing or entertaining. These decks also host a large hot tub and inviting rockers, creating a serene space to unwind. Fire up the gas grill and enjoy some outdoor cooking, all while soaking up those amazing mountain views. The Black Bear Falls community offers wide paved roads, seasonal pool and beautifully manicured landscapes with quaint duck ponds. This cabin is more than an idyllic retreat; it's a rewarding investment opportunity, generating a rental income of $147,750 in 2021 and $103,782 in 2022. The owners have thoughtfully installed a ceramic UV coating on the windows to reduce heat gain, ensuring a comfortable retreat no matter the season. And let's not forget the spacious flat parking - making life just that bit easier for you and your guests. Seize this unique opportunity to elevate your mountain living experience in this extraordinary cabin, where every day feels like a holiday.

More Information MLS# 258408

Location, Tax, and Legal

Restrictive Covenants YN: Yes Zoning: R-1 Zoning Entity: Gatlinburg Tax Lot: 104 Book/Page/Doc #: 3641, 172 Tax Annual Amount: 2460.74 Tax Year: 2022

Contract Information

Association Type: Mandatory Owner Name: Gary & Lynn Davis Listing Agreement: Exclusive Right To Sell Occupancy: Either Common Interest: Planned Development Rental History Gross Amount 1: 147750 Rental History Year 1: 2021 Rental History Gross Amount 2: 103782 Rental History Year 2: 2022 Association YN: Yes Association Fee: 692 Association Fee Frequency: Quarterly Association Name: BLACK BEAR FALLS HOA Association Email: niki@hoagrouptn.com Current Price: $1,200,000 Original List Price: 1285000 Sold Price: $1,200,000 Status: Closed Listing Contract Date: 2023-07-20

General Property Information

Lot Size Dimensions: 30X50 Lot Size Acres: 0.03 Above Grade Finished Area: 1728 Below Grade Finished Area: 1176 Below Grade Unfinished Area: 0 Garage YN: No Bathrooms Half: 0 Garage Spaces: 0 Bonus Room YN: No Furnished: Furnished Accessory Dwelling Unit YN: No Sign On Property YN: No Home Warranty YN: Yes Construction Type: Site Built View YN: Yes List Price/SqFt: 442.49 Sold Price/SqFt: 413.22 Living Area: 2904 Bedrooms Total: 5 Bathrooms Total: 5 Bathrooms Full: 5 Year Built: 2006

Remarks and Miscellaneous

Public Remarks: Experience the tranquil grandeur of the Smoky Mountains with this extraordinary log cabin, nestled within the prestigious Black Bear Falls community. Boasting breathtaking views of Mt. LeConte, the cabin seamlessly blends peaceful solitude and easy access to downtown Gatlinburg's lively attractions and the magnificent Great Smoky Mountains National Park. You are welcomed by the inviting covered front porch and the serene mountain scene etched on the glass front doors. The crown jewel of the cabin is the spacious great room, featuring a cozy gas stacked stone fireplace, warm wood flooring and dramatic floor-to-ceiling windows that offer panoramic views of magnificent Mt. LeConte. The cabin's spaciousness unfolds with five generous master suites, each complemented with en suite bathrooms. The kitchen, adorned with polished granite counters and a handy breakfast bar, is fully equipped for all your culinary adventures. For entertainment, a basement rec room offers a media area, pool table and vintage arcade games, while the PVC vinyl plank flooring adds durability and a modern touch. Immerse yourself in outdoor living on two covered rear decks, which provide panoramic views of the Great Smoky Mountains, perfect for relaxing or entertaining. These decks also host a large hot tub and inviting rockers, creating a serene space to unwind. Fire up the gas grill and enjoy some outdoor cooking, all while soaking up those amazing mountain views. The Black Bear Falls community offers wide paved roads, seasonal pool and beautifully manicured landscapes with quaint duck ponds. This cabin is more than an idyllic retreat; it's a rewarding investment opportunity, generating a rental income of $147,750 in 2021 and $103,782 in 2022. The owners have thoughtfully installed a ceramic UV coating on the windows to reduce heat gain, ensuring a comfortable retreat no matter the season. And let's not forget the spacious flat parking - making life just that bit easier for you and your guests. Seize this unique opportunity to elevate your mountain living experience in this extraordinary cabin, where every day feels like a holiday. Directions: Follow US-441 S/Parkway towards Gatlinburg to a LEFT at the first traffic Light in Gatlinburg/ Dudley Creek Rd. Take a RIGHT onto Ridge Rd at the stop sign. Take a LEFT onto Cartertwon Rd. Take a RIGHT onto Grouse Trl. Turn LEFT into the Black Bears Falls Resort at Black Bear Falls Way. Take a RIGHT onto Poplar Falls Way. Turn RIGHT onto Smokey Top Way. Turn LEFT onto High Mountain Way and follow up the hill. Continue heading back down High Mountain Way and look for address marker for shared driveway on the RIGHT. Last cabin on the LEFT on the shared driveway - Summit Lodge.

Status Change Information

Status Change Timestamp: 2023-12-29 Buyer Financing: Cash Anticipated Closing Date: 2023-12-28 Major Change Timestamp: 2024-01-21T06:00:00Z Major Change Type: Status Change Purchase Contract Date: 2023-12-21 Close Date: 2023-12-29 Close Price: 1200000

Appliances

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

Architectural Style

Cabin: 1 Log: 1

Association Amenities

Pool: 1

Association Fee Includes

Maintenance Grounds: 1 Roads: 1

Attic Features

None: 1

Basement

Basement: 1 Finished: 1 Full: 1

Construction Materials

Log: 1

Cooling

Central Air: 1 Heat Pump: 1

Exterior Features

Rain Gutters: 1

Fireplace Features

Fireplaces Total: 1 Gas Log: 1

Flooring

Wood: 1

Heating

Electric: 1 Heat Pump: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 Great Room: 1 Solid Surface Counters: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

Tri-Level: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Wooded: 1

Parking Features

Driveway: 1 Paved: 1

Patio And Porch Features

Deck: 1 Porch: 1

Pool Features

Hot Tub: 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

Metal: 1

Security Features

Security System: 1 Smoke Detector(s): 1

Sewer

Public Sewer: 1

View

Mountain(s): 1

Water Source

Public: 1

Window Features

Window Treatments: 1

Showing Requirements

Showing Instructions: $5,000 SALES BONUS to Selling Agent!! Call or text 865-250-3219 for showings. Cabin rented by owner. *Buyer to honor rental reservations for a minimum of 15 days of rentals after closing. Seller will transfer their website domain to the buyer at closing. Pre-qualification letter or Proof of Funds required with all offers.* See Bill of Sale for items that do not convey. Rental addendum and disclosures in associated docs. See Remarks: 1

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Room Types

Bedroom 2: 1 Bedroom 2 Level: 1 Bedroom 3: 1 Bedroom 3 Level: 2 Bedroom 4: 1 Bedroom 4 Level: B Dining Room: 1 Dining Room Level: 1 Game Room: 1 Game Room Level: B Kitchen: 1 Kitchen Level: 1 Living Room: 1 Living Room Level: 1 Other: 1 Other Level: B Primary Bedroom: 1 Primary Bedroom Level: 1 Utility Room: 1 Utility Room Level: B

Location Tax and Legal

Street Number: 968 Street Name: High Mountain Street Suffix: Way County: Sevier State: TN Zip Code: 37738 Property Sub Type: Single Family Residence MLS Area Major: Gatlinburg Subdivision Name: Black Bear Falls

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Log Association Amenities: Pool Association Fee Includes: Maintenance Grounds; Roads Attic Features: None Basement: Basement; Finished; Full Construction Materials: Log Cooling: Central Air; Heat Pump Exterior Features: Rain Gutters Fireplace Features: Gas Log Flooring: Wood Heating: Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Tri-Level Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Wooded Parking Features: Driveway; Paved Patio And Porch Features: Deck; Porch Pool Features: Hot Tub Possession: Close Of Escrow Rental: Off Site; Rental History Road Frontage Type: Private Road Road Surface Type: Paved Roof: Metal Security Features: Security System; Smoke Detector(s) Sewer: Public Sewer View: Mountain(s) Water Source: Public Window Features: Window Treatments Showing Requirements: See Remarks Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Game Room; Kitchen; Living Room; Other; Primary Bedroom; Utility Room

Room Information

Primary Bedroom Level: First Remarks: Mountain view Bedroom 2 Level: First Remarks: Mountain view Bedroom 3 Level: Second Remarks: Mountain view Bedroom 4 Level: Basement Remarks: Mountain view Kitchen Level: First Remarks: Mountain view Dining Room Level: First Remarks: Mountain view Living Room Level: First Remarks: Mountain view Game Room Level: Basement Remarks: Mountain view Utility Room Level: Basement Other Level: Basement Remarks: Bedroom 5 Primary Bedroom Level: First Bedroom 2 Level: First Bedroom 3 Level: Second Bedroom 4 Level: Basement Kitchen Level: First Dining Room Level: First Living Room Level: First Game Room Level: Basement Utility Room Level: Basement Other Level: Basement
Listing Office: Prime Mountain Properties
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.