Lot 29 Reed Schoolhouse Road, Sevierville, TN 37862
$2,157,500
Property Type:
Residential
Bedrooms:
12
Baths:
13
Square Footage:
5,961
Status:
Closed
Current Price:
$2,157,500
List Date:
1/13/2023
Last Modified:
11/16/2024
Description
New construction of the perfect investment cabin in the new Lodges at Reedmont development! A stunning three-story pool cabin with a dramatic floor plan featuring 12 gorgeous bedrooms, 12 baths, a theater, private indoor pool, and a recreation room will be beautifully outfitted with handsome and high-end finishes throughout. The kitchen and living areas are open and spacious offering plenty of room for a group to comfortably enjoy meals together. This furnished cabin will sleep 48 making this a perfect setting for amazing and memorable group getaways for corporate and family retreats. Our 12 Bedrooms generate year after year a gross rental income of $300,000+! Call us for a financial pro forma. The location is simply fantastic - just around the corner from the Sevierville Convention Center, the Soaky Mountain Waterpark, and the Sevierville Golf Course! Easy access right when you come into the Resort. Fantastic investment near America's number one National Park and number one in the nation for short-term overnight rental profits! *Photos are of two similar cabins built by the builder and will be the same quality of materials.
More Information MLS# 255422
Location, Tax, and Legal
New Construction YN: Yes
New Construction Start Date: 2023-02-28
Estimated Completion Date: 2024-02-28
Restrictive Covenants YN: Yes
Zoning: R-2
Zoning Entity: Sevierville
Tax Lot: 29
Book/Page/Doc #: 6072, 770
Tax Annual Amount: 400
Tax Year: 2022
Contract Information
Association Type: Mandatory
Owner Name: Lodges at Reedmont G.P., a TN General Partnership
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Occupant Type: Vacant
Common Interest: Planned Development
Association YN: Yes
Association Fee: 199
Association Fee Frequency: Monthly
Association Name: Reedmont HOA
Association Email: macee@compassventures.net
Current Price: $2,157,500
Original List Price: 2028690
Sold Price: $2,157,500
Status: Closed
Listing Contract Date: 2023-01-13
General Property Information
Lot Size Acres: 0
Above Grade Finished Area: 3974
Below Grade Finished Area: 1987
Below Grade Unfinished Area: 0
Garage YN: No
Bathrooms Half: 1
Garage Spaces: 0
Bonus Room YN: No
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: Yes
Construction Type: Site Built
List Price/SqFt: 364.22
Sold Price/SqFt: 361.94
Living Area: 5961
Bedrooms Total: 12
Bathrooms Total: 13
Bathrooms Full: 12
Year Built: 2023
Remarks and Miscellaneous
Public Remarks: New construction of the perfect investment cabin in the new Lodges at Reedmont development! A stunning three-story pool cabin with a dramatic floor plan featuring 12 gorgeous bedrooms, 12 baths, a theater, private indoor pool, and a recreation room will be beautifully outfitted with handsome and high-end finishes throughout. The kitchen and living areas are open and spacious offering plenty of room for a group to comfortably enjoy meals together. This furnished cabin will sleep 48 making this a perfect setting for amazing and memorable group getaways for corporate and family retreats. Our 12 Bedrooms generate year after year a gross rental income of $300,000+! Call us for a financial pro forma. The location is simply fantastic - just around the corner from the Sevierville Convention Center, the Soaky Mountain Waterpark, and the Sevierville Golf Course! Easy access right when you come into the Resort. Fantastic investment near America's number one National Park and number one in the nation for short-term overnight rental profits! *Photos are of two similar cabins built by the builder and will be the same quality of materials.
Directions: From Sevierville 66 North to a left on Gist Creek. Right onto Reed Schoolhouse - see sign on right.
Status Change Information
Status Change Timestamp: 2023-05-01
Buyer Financing: Conventional
Anticipated Closing Date: 2023-05-02
Major Change Timestamp: 2023-05-01T17:31:12Z
Major Change Type: Status Change
Price Change Timestamp: 2023-03-29T04:33:43Z
Purchase Contract Date: 2023-05-02
Close Date: 2023-05-01
Close Price: 2157500
Appliances
Dishwasher: 1
Dryer: 1
Electric Cooktop: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Contemporary: 1
Association Fee Includes
Maintenance Grounds: 1
Roads: 1
Basement
Basement: 1
Finished: 1
Construction Materials
Wood Siding: 1
Cooling
Central Air: 1
Exterior Features
Rain Gutters: 1
Fireplace Features
Electric: 1
Heating
Heat Pump: 1
Interior Features
Ceiling Fan(s): 1
Great Room: 1
Solid Surface Counters: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Sprinklers In Front: 1
Sprinklers In Rear: 1
Wooded: 1
Patio And Porch Features
Deck: 1
Pool Features
Hot Tub: 1
In Ground: 1
Private: 1
Possession
Close Of Escrow: 1
Property Condition
To Be Built: 1
Rental
Rental History: 1
Road Frontage Type
Private Road: 1
Roof
Metal: 1
Sewer
Public Sewer: 1
Utilities
Water Available: 1
Water Source
Public: 1
Window Features
Window Treatments: 1
Showing Requirements
Show Any Time: 1
Showing Instructions: Call Deborah Korlin for details concerning the builder, Mtn. Cabin and Home Builders and on all the particulars on How To Finance, and for a Financial Proforma - Agents and buyers can easily access this lot 4 in the resort- packed gravel road - be careful of construction vehicles
Location Tax and Legal
Street Number: Lot 29
Street Name: Reed Schoolhouse
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Sevierville
Subdivision Name: The Lodges at Reedmont
Property Features
Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Microwave; Refrigerator; Washer
Architectural Style: Cabin; Contemporary
Association Fee Includes: Maintenance Grounds; Roads
Basement: Basement; Finished
Construction Materials: Wood Siding
Cooling: Central Air
Exterior Features: Rain Gutters
Fireplace Features: Electric
Heating: Heat Pump
Interior Features: Ceiling Fan(s); Great Room; Solid Surface Counters
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Three Or More
Listing Terms: Cash; Conventional
Lot Features: Sprinklers In Front; Sprinklers In Rear; Wooded
Patio And Porch Features: Deck
Pool Features: Hot Tub; In Ground; Private
Possession: Close Of Escrow
Property Condition: To Be Built
Rental: Rental History
Road Frontage Type: Private Road
Roof: Metal
Sewer: Public Sewer
Utilities: Water Available
Water Source: Public
Window Features: Window Treatments
Showing Requirements: Show Any Time
Listing Office:
RAZ Realty Group, LLC
Last Updated: November - 16 - 2024
Information deemed reliable but not guaranteed.