418 Compass Point Way, Sevierville, TN 37876
$899,900
Property Type:
Single Family
Bedrooms:
5
Square Footage:
2,393
Lot Size (sq. ft.):
2,614
Status:
Active
Current Price:
$899,900
List Date:
1/17/2024
Last Modified:
4/17/2024
Description
Furnished, new-construction 5 bedroom cabin! This stunning contemporary cabin boasts a total of 2,393 square feet of living space, complete with the latest upscale finishes and a chic, modern vibe. The dramatic open floor plan features walls of glass that let in an abundance of natural light and provide views of the surrounding landscape and mountains. There are 5 bedrooms, 4 full bathrooms, an additional half bathroom and an open loft! Step outside and enjoy the beauty of nature from the comfort of one of your oversized decks. This property will be furnished with high-end, commercial grade furniture sourced from the top suppliers in the short-term rental industry. The Lodges at Reedmont is a premier short-term rental development with city utilities and is located minutes from all the best attractions and entertainment in the area. It is 2 minutes from Soaky Mountain and the Sevierville Convention Center and Pigeon Forge is just a short 15-minute drive away with no steep roads along the way. As an added bonus, The Lodges at Reedmont is also designated as an opportunity zone, providing investors with the potential for tax benefits, including tax deferrals on capital gains and potential tax-free appreciation on investments held for 10 years or more. [Drone photography used. Last photos are of a different completed cabin in development with similar finishings]
More Information MLS# 1250282
Location, Tax & Legal Info
House #: 418
Street Name: Compass Point Way
State/Province: TN
Zip Code: 37876
Property Sub-Type: Residential
Area: Sevier County - 27
City/County Code: County
PIN #: 037 057.07
Subdivision: The Lodges at Reedmont
Total Tax: 368.22
Geo Lat: 35.899062
Geo Lon: -83.600134
Contract Info
Auction Y/N: No
Listing Price: 899900
Current Price: $899,900
Status: Active
Listing Date: 2024-01-16
Cooperation Comp: 2.25
Compensation Type: %
Occupancy: Either
General Property Description
Type: 3 Story+Basement
Acres: 0.06
Acre Source: Survey
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 2393
SqFt - Main Lvl: 845
SqFt - Down Lvl: 845
SqFt - 2nd Flr Lvl: 703
# Bedrooms: 5
Baths - Full: 4
Baths - 1/2: 1
# of Rooms: 8
Fireplace: Yes
# Fireplace: 1
Property Status: N/A
HOA: Mandatory
HOA Fee: 200
HOA Freq: Monthly
HOA Contact: [email protected]
Year Built: 2023
Bonus Room: Yes
Remarks & Misc
Directions: From Hwy 66 in Sevierville, turn onto Gists Creek Rd. towards Soaky Mountain Waterpark and continue for 1.2 miles. Turn right onto Reed Schoolhouse Rd. In .3 miles, the entrance will be on your right.
Public Remarks: Furnished, new-construction 5 bedroom cabin! This stunning contemporary cabin boasts a total of 2,393 square feet of living space, complete with the latest upscale finishes and a chic, modern vibe. The dramatic open floor plan features walls of glass that let in an abundance of natural light and provide views of the surrounding landscape and mountains. There are 5 bedrooms, 4 full bathrooms, an additional half bathroom and an open loft! Step outside and enjoy the beauty of nature from the comfort of one of your oversized decks. This property will be furnished with high-end, commercial grade furniture sourced from the top suppliers in the short-term rental industry. The Lodges at Reedmont is a premier short-term rental development with city utilities and is located minutes from all the best attractions and entertainment in the area. It is 2 minutes from Soaky Mountain and the Sevierville Convention Center and Pigeon Forge is just a short 15-minute drive away with no steep roads along the way. As an added bonus, The Lodges at Reedmont is also designated as an opportunity zone, providing investors with the potential for tax benefits, including tax deferrals on capital gains and potential tax-free appreciation on investments held for 10 years or more. [Drone photography used. Last photos are of a different completed cabin in development with similar finishings]
Status Change Info
Status Change Date: 2024-01-17
Property Features
Atchd/Dtchd Type: Detached
Style: Cabin; Contemporary
Construction: Frame
Siding: Other
Garage/Parking: None
Basement: Finished
Lot Description: Wooded
View: Mountain View
Fireplace: Electric
Floors: Vinyl
Fuel: Electric; Gas (Natural)
Heat: Central
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer
Sewer: Public Sewer
Water: Public
Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level
Misc Features: Cathedral Ceiling; Hot Tub; Walk-in Shower; Washer/Dryer Connect
Exterior Features: Deck; Porch - Covered
Showing: See Agent Instructns
New Financing: Cash; Conventional; Exchange
Listing Office: Local Realty Group
Office Phone: 865-366-1023
Last Updated: April - 17 - 2024
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