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

Overview

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.

Listing Details MLS# 1239442

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

Contract Info

Auction Y/N
No
Listing Price
1250000
Occupancy
Either

General Property Description

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

Status Change Info

Status Change Date
2023-12-28
Under Contract Date
2023-12-13
Sold Date
2023-12-28

Location, Tax & Legal Info

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

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.

More Information

Atchd/Dtchd Type

Detached
Yes

Style

Cabin
Yes

Construction

Log
Yes

Siding

Log
Yes

Fireplace

Gas Log
Yes

Cooling

Central Cooling
Yes

Floors

Laminate
Yes

Garage/Parking

Off-Street Parking
Yes

Basement

Finished
Yes

Lot Description

Zero Lot Line
Yes
Other
Yes

Fuel

Propane
Yes

View

Mountain View
Yes

Heat

Central
Yes

Dining Area

Kitchen/Dining Rm Co
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Other Rooms

Laundry/Utility
Yes
Mstr Bdrm Main Level
Yes
Office
Yes

Exterior Features

Balcony
Yes
Porch - Covered
Yes

Misc Features

Cathedral Ceiling(s)
Yes
Washer/Dryer Connect
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

New Financing

Cash
Yes
Conventional
Yes

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
IDX
Office Phone: 865-365-2280
Last Updated: December - 28 - 2023
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.
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