3205 Grinders Way, Sevierville, TN 37862
$799,000
Property Type:
Single Family
Bedrooms:
3
Square Footage:
1,890
Lot Size (sq. ft.):
27,878
Status:
Active
Current Price:
$799,000
List Date:
4/18/2024
Last Modified:
4/27/2024
Description
Beautiful Wears Valley views make this cabin an exceptional investment opportunity in one of the nation's premier short-term rental markets! This updated cabin, with huge full wraparound porch, numerous updates and a captivating panoramic view, is the perfect addition to your investment portfolio.
Recently renovated in 2017, this 3-bedroom, 3-bathroom cabin sits on a spacious .64-acre lot, offering ample space for guests to enjoy the tranquility of the mountains. The outdoor firepit area provides the ideal setting for gatherings, while the newer hot tub ensures guests can relax in style.
This turnkey investment is ready to start generating income immediately. And with a proven rental history, generating approximately $100,000 in revenue each of the past two years, the potential for profit is undeniable.
Don't miss out on the opportunity to capitalize on the booming short-term rental market in this sought-after destination. Avoid all the repairs that so many cabins need by investing in this fully updated cabin! Schedule your showing now.
More Information MLS# 1259729
Location, Tax & Legal Info
House #: 3205
Street Name: Grinders
St Suffix: Way
State/Province: TN
Zip Code: 37862
Property Sub-Type: Residential
Area: Sevier County - 27
City/County Code: County
PIN #: 124 056.04
Subdivision: Stone Mill
Total Tax: 2719.06
Geo Lat: 35.719299
Geo Lon: -83.617293
Contract Info
Auction Y/N: No
Listing Price: 799000
Current Price: $799,000
Status: Active
Listing Date: 2024-04-18
Cooperation Comp: 2.5
Compensation Type: %
Gross Amount Year 1: 85100
General Property Description
Type: 1 1/2 Story
Acres: 0.64
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 1890
SqFt - Main Lvl: 1365
SqFt - 2nd Flr Lvl: 525
# Bedrooms: 3
Baths - Full: 3
# of Rooms: 5
Fireplace: Yes
# Fireplace: 1
Property Status: N/A
HOA: No
Year Built: 2006
Bonus Room: No
Remarks & Misc
Directions: From Pigeon Forge take Wears Valley Road West for 16 miles turn left on Covemont Lane - Right to stay on Covemont Rd - Left onto JL Myers Rd - Left onto Grinders Way. First cabin on left
Public Remarks: Beautiful Wears Valley views make this cabin an exceptional investment opportunity in one of the nation's premier short-term rental markets! This updated cabin, with huge full wraparound porch, numerous updates and a captivating panoramic view, is the perfect addition to your investment portfolio.
Recently renovated in 2017, this 3-bedroom, 3-bathroom cabin sits on a spacious .64-acre lot, offering ample space for guests to enjoy the tranquility of the mountains. The outdoor firepit area provides the ideal setting for gatherings, while the newer hot tub ensures guests can relax in style.
This turnkey investment is ready to start generating income immediately. And with a proven rental history, generating approximately $100,000 in revenue each of the past two years, the potential for profit is undeniable.
Don't miss out on the opportunity to capitalize on the booming short-term rental market in this sought-after destination. Avoid all the repairs that so many cabins need by investing in this fully updated cabin! Schedule your showing now.
Status Change Info
Status Change Date: 2024-04-18
Property Features
Atchd/Dtchd Type: Detached
Style: Cabin; Log
Construction: Frame
Siding: Log; Wood
Garage/Parking: Off-Street Parking
Basement: Crawl Space
Lot Description: Corner Lot
View: Country Setting; Mountain View
Fireplace: Gas Log; Stone
Floors: Hardwood; Tile
Fuel: Propane
Heat: Central; Heat Pump
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer
Sewer: Septic Tank
Water: Shared Well
Other Rooms: Mstr Bdrm Main Level
Misc Features: Cathedral Ceiling; Drapes; Hot Tub; Internet Available; Island in Kitchen; Washer/Dryer Connect
Exterior Features: Balcony; Deck; Porch - Covered
Dining Area: Kitchen/Dining Rm Co; Living Rm/Dining Rm
Showing: See Agent Instructns
New Financing: Cash; Conventional; Exchange; New Loan
Listing Office: eXp Realty, LLC
Office Phone: 888-519-5113
Last Updated: April - 27 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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