116 Cave Creek Way, Townsend, TN 37882
$1,180,000
Property Type:
Single Family
Bedrooms:
7
Square Footage:
3,580
Lot Size (sq. ft.):
220,414
Status:
Closed
Current Price:
$1,180,000
List Date:
5/24/2021
Last Modified:
6/02/2021
Description
ALL OFFERS MUST BE SUBMITTED BY 12:00PM ON SATURDAY APRIL 3, 2021. 3 cabins on 5 acres! Cabin names are Bear Creek, Bear Cave, and Bear Mountain.Fantastic rental history! For 2020 gross rental was over $200K and already on track to 230000 .Property also features a wet weather creek that runs by 2 of the cabins. The property also includes a large barn and shed. Cabin (1) Bear Cave is 1bedroom/1 bathroom, secluded, and located by the creek. Cabin (2) Bear Creek is 2bedroom/ 2 bathroom, secluded, by the creek, fire pit area. Cabin (3) is Bear Mountain 4bedroom/4 bathroom and also secluded. All cabins come fully furnished and well established on the rental program. All 3 cabins have 3 years or newer HVACs.
More Information MLS# 1147404
Contract Info
Auction Y/N: No
Listing Price: 1300000
Current Price: $1,180,000
Status: Closed
Listing Date: 2021-03-29
Location, Tax & Legal Info
Area: Blount County - 28
Property Sub-Type: Residential
City/County Code: County
Total Tax: 2988.7
General Property Description
Type: Other
# Bedrooms: 7
Acres: 5.06
Acre Source: Tax Records
# of Rooms: 14
Restrictions: Yes
Site Built: Yes
Fireplace: Yes
Property Status: N/A
SqFt - Main Lvl: 3188
SqFt - Down Lvl: 392
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 3
HOA: No
Basement: No
Bonus Room: No
SqFt - Total (Aprox): 3580
Baths - Full: 7
Year Built: 2000
Remarks & Misc
Directions: From the Parkway (US-441) in Pigeon Forge, turn at Traffic Light #3 onto WEARS VALLEY RD. Drive approximately 11 miles to RIGHT on CAVE CREEK WAY in the BLACK BEAR HOLLOW resort. Follow through the gates. Cabin names are Bear Creek, Bear Cave, and Bear Mountain.
Public Remarks: ALL OFFERS MUST BE SUBMITTED BY 12:00PM ON SATURDAY APRIL 3, 2021. 3 cabins on 5 acres! Cabin names are Bear Creek, Bear Cave, and Bear Mountain.Fantastic rental history! For 2020 gross rental was over $200K and already on track to 230000 .Property also features a wet weather creek that runs by 2 of the cabins. The property also includes a large barn and shed. Cabin (1) Bear Cave is 1bedroom/1 bathroom, secluded, and located by the creek. Cabin (2) Bear Creek is 2bedroom/ 2 bathroom, secluded, by the creek, fire pit area. Cabin (3) is Bear Mountain 4bedroom/4 bathroom and also secluded. All cabins come fully furnished and well established on the rental program. All 3 cabins have 3 years or newer HVACs.
Atchd/Dtchd Type
Detached: 1
Style
Cabin: 1
Construction
Frame: 1
Siding
Log: 1
Fireplace
Gas Log: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Hardwood: 1
Laminate: 1
Tile: 1
Garage/Parking
Off-Street Parking: 1
Basement
None: 1
Lot Description
Creek: 1
Private: 1
Wooded: 1
Fuel
Electric: 1
Heat
Central: 1
Heat Pump: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Exterior Features
Deck: 1
Misc Features
Hot Tub: 1
Washer/Dryer Connect: 1
Sewer
Septic Tank: 1
Water
Well: 1
Outbuildings
Barn: 1
Storage Shed: 1
New Financing
Cash: 1
Conventional: 1
Location Tax Legal Info
House #: 116
Street Name: Cave Creek
St Suffix: Way
State/Province: TN
Zip Code: 37882
PIN #: 086 004.07 000
Subdivision: Black Bear Hollow
Geo Lat: 35.698649
Geo Lon: -83.682151
Status Change Info
Status Change Date: 2021-06-02
Under Contract Date: 2021-05-23
Sold Date: 2021-06-02
Sold Price: $1,180,000
Property Features
Style: Cabin
Construction: Frame
Siding: Log
Basement: None
Lot Description: Creek; Private; Wooded
Fireplace: Gas Log
Floors: Carpet; Hardwood; Laminate; Tile
Fuel: Electric
Heat: Central; Heat Pump
Cooling: Central Cooling
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer
Sewer: Septic Tank
Water: Well
Misc Features: Hot Tub; Washer/Dryer Connect
Exterior Features: Deck
Outbuildings: Barn; Storage Shed
New Financing: Cash; Conventional
Documents
Property Exemption ›Listing Office: Mountain Home Realty
Office Phone: 865-366-4600
Last Updated: June - 02 - 2021
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