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

Overview

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.

Listing Details MLS# 1147404

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

Contract Info

Auction Y/N
No
Listing Price
1300000

General Property Description

Type
Other
Acres
5.06
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
3580
SqFt - Main Lvl
3188
SqFt - Down Lvl
392
# Bedrooms
7
Baths - Full
7
# of Rooms
14
Fireplace
Yes
# Fireplace
3
Property Status
N/A
HOA
No
Year Built
2000
Bonus Room
No
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
Basement
No

Status Change Info

Status Change Date
2021-06-02
Under Contract Date
2021-05-23
Sold Date
2021-06-02

Location, Tax & Legal Info

Area
Blount County - 28
Property Sub-Type
Residential
City/County Code
County
Total Tax
2988.7

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.

More Information

Atchd/Dtchd Type

Detached
Yes

Style

Cabin
Yes

Construction

Frame
Yes

Siding

Log
Yes

Fireplace

Gas Log
Yes

Cooling

Central Cooling
Yes

Floors

Carpet
Yes
Hardwood
Yes
Laminate
Yes
Tile
Yes

Garage/Parking

Off-Street Parking
Yes

Basement

None
Yes

Lot Description

Creek
Yes
Private
Yes
Wooded
Yes

Fuel

Electric
Yes

Heat

Central
Yes
Heat Pump
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Exterior Features

Deck
Yes

Misc Features

Hot Tub
Yes
Washer/Dryer Connect
Yes

Sewer

Septic Tank
Yes

Water

Well
Yes

Outbuildings

Barn
Yes
Storage Shed
Yes

New Financing

Cash
Yes
Conventional
Yes

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
Listing Office: Mountain Home Realty
IDX
Office Phone: 865-366-4600
Last Updated: June - 02 - 2021
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.