1050 Black Bear Cub Way, Sevierville, TN 37862

$1,250,000
Property Type: Single Family Bedrooms: 7 Square Footage: 5,081 Lot Size (sq. ft.): 436 Status: Closed
Current Price: $1,250,000 List Date: 9/12/2023 Last Modified: 12/28/2023

Description

Welcome to the epitome of luxury living in the heart of the Great Smoky Mountains! This turnkey vacation rental is nestled within the exclusive Black Bear Ridge Resort, boasts a proven rental history with a staggering $206,000/year gross revenue historically. Cabin will be under new management starting 11/01/23. New managers are predicting to exceed last year's numbers by 20%. This magnificent 4-level retreat features 7 bedrooms, including 4 master suites with large. Jacuzzi tubs, full bathrooms, and private balconies. With 15 beds and 1 sleeper sofa, it comfortably accommodates up to 30 guests. This cabins exterior, including its decks, was recently stained in October 2023. Furnishings, equipment, kitchenware, and supplies convey with the home, including TVs, appliances, games, hot tubs, etc. The property offers unparalleled views of the Smoky Mountains from its 6 balconies and 2 porches. Unique touches such as handmade Amish floating vanities, a custom kitchen table, hanging swings, and contemporary lighting add to the charm. Conveniently located, its just a short drive to the Wears Valley entrance of the Smoky Mountain National Park, Pigeon Forge Strip, Townsend, and Gatlinburg. Investors, seize this opportunity! Priced to sell and currently part of a successful rental program, this is a rare chance to own a slice of paradise in the sought-after Black Bear Ridge Resort. 5 home portfolios available.

More Information MLS# 1239442

Contract Info

Auction Y/N: No Occupancy: Either Listing Price: 1250000 Current Price: $1,250,000 Status: Closed Listing Date: 2023-09-12

Location, Tax & Legal Info

Area: Sevier County - 27 Property Sub-Type: Residential City/County Code: County Total Tax: 3035.85

General Property Description

Type: 3 Story # Bedrooms: 7 Acres: 0.01 Acre Source: Tax Records # of Rooms: 17 Restrictions: Yes Site Built: Yes Fireplace: Yes HOA Fee: 125 HOA Freq: Monthly HOA Contact: Black Bear Ridge Pud Property Status: N/A SqFt - Main Lvl: 1568 SqFt - Down Lvl: 1568 SqFt - 2nd Flr Lvl: 1568 SqFt - 3rd Flr Lvl: 377 # Fireplace: 1 HOA: Mandatory Basement: Yes Bonus Room: No SqFt - Total (Aprox): 5081 Baths - Full: 6 Baths - 1/2: 1 Year Built: 2006

Remarks & Misc

Directions: From Pigeon Forge Turn right onto US-441 N / US-321 S / TN-71 / Parkway, then immediately turn left onto Pine Mountain Rd Grand Inns of America on the corner 1.8 mi Turn right onto Gibson Hollow Ln 0.2 mi Bear right onto Engle Town Rd 1.1 mi Turn right onto Lost Branch Rd 0.8 mi Turn left onto Black Bear Cub Way 0.3 mi Arrive at Black Bear Cub Way. Public Remarks: Welcome to the epitome of luxury living in the heart of the Great Smoky Mountains! This turnkey vacation rental is nestled within the exclusive Black Bear Ridge Resort, boasts a proven rental history with a staggering $206,000/year gross revenue historically. Cabin will be under new management starting 11/01/23. New managers are predicting to exceed last year's numbers by 20%. This magnificent 4-level retreat features 7 bedrooms, including 4 master suites with large. Jacuzzi tubs, full bathrooms, and private balconies. With 15 beds and 1 sleeper sofa, it comfortably accommodates up to 30 guests. This cabins exterior, including its decks, was recently stained in October 2023. Furnishings, equipment, kitchenware, and supplies convey with the home, including TVs, appliances, games, hot tubs, etc. The property offers unparalleled views of the Smoky Mountains from its 6 balconies and 2 porches. Unique touches such as handmade Amish floating vanities, a custom kitchen table, hanging swings, and contemporary lighting add to the charm. Conveniently located, its just a short drive to the Wears Valley entrance of the Smoky Mountain National Park, Pigeon Forge Strip, Townsend, and Gatlinburg. Investors, seize this opportunity! Priced to sell and currently part of a successful rental program, this is a rare chance to own a slice of paradise in the sought-after Black Bear Ridge Resort. 5 home portfolios available.

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1

Construction

Log: 1

Siding

Log: 1

Fireplace

Gas Log: 1

Cooling

Central Cooling: 1

Floors

Laminate: 1

Garage/Parking

Off-Street Parking: 1

Basement

Finished: 1

Lot Description

Zero Lot Line: 1 Other: 1

Fuel

Propane: 1

View

Mountain View: 1

Heat

Central: 1

Dining Area

Kitchen/Dining Rm Co: 1

Appliances

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

Other Rooms

Laundry/Utility: 1 Mstr Bdrm Main Level: 1 Office: 1

Exterior Features

Balcony: 1 Porch - Covered: 1

Misc Features

Cathedral Ceiling(s): 1 Washer/Dryer Connect: 1

Sewer

Public Sewer: 1

Water

Public: 1

New Financing

Cash: 1 Conventional: 1

Location Tax Legal Info

House #: 1050 Street Name: Black Bear Cub St Suffix: Way State/Province: TN Zip Code: 37862 PIN #: 093L A 001.00 Subdivision: Black Bear Ridge Pud Geo Lat: 35.779187 Geo Lon: -83.60465

Status Change Info

Status Change Date: 2023-12-28 Under Contract Date: 2023-12-13 Sold Date: 2023-12-28 Sold Price: $1,250,000

Property Features

Style: Cabin Construction: Log Siding: Log Basement: Finished Lot Description: Zero Lot Line; Other View: Mountain View Fireplace: Gas Log Floors: Laminate Fuel: Propane Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Sewer: Public Sewer Water: Public Other Rooms: Laundry/Utility; Mstr Bdrm Main Level; Office Misc Features: Cathedral Ceiling(s); Washer/Dryer Connect Exterior Features: Balcony; Porch - Covered Dining Area: Kitchen/Dining Rm Co New Financing: Cash; Conventional
Listing Office: Your Home Sold Guaranteed Real
Office Phone: 865-365-2280
Last Updated: December - 28 - 2023
1050 Black Bear Cub Way, Sevierville, TN 37862- MLS# 1239442
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.