1940 Backhome Lane, UNIT 1, Sevierville, TN 37876

$2,000,000
Property Type: Single Family Bedrooms: 12 Square Footage: 5,620 Lot Size (sq. ft.): 196,020 Status: Closed
Current Price: $2,000,000 List Date: 7/07/2021 Last Modified: 11/19/2021

Description

If you're looking for a high income producing investment, this turn-key property is for you! This incredible property is primed and ready for rental, sold fully furnished and comprised of one large lodge and two smaller adjacent guesthouses totaling 12 bedrooms and 13.5 bathrooms. Amid majestic mature trees and back-dropped by the great smoky mountains, the property offers ample parking space with waterfall features and woodwork sculptures dotting the grounds, along with two pools and gazebo that invite a perfect vacation ambiance. The main cabin opens upon a voluminous vaulted open concept layout with 8 bedrooms, 9.5 bathrooms, and custom doors with both upper and lower decks. The living room yields plentiful seating, nestled around the comfort and beauty of a stacked stone fireplace

Supplements: and flat screen television. The massive kitchen is well equipped to keep up with all of your culinary quests complete with two ovens, two microwaves, a wet bar with beverage chiller and oversized granite island with generous meal prep capacity. Centering these two spaces is the dining area, complete with four dining tables offering seating for six individuals each, plus bistro table for four. This vast and luxurious open concept space flows easily out to the covered deck, furnished with generous lounge and dining spaces, plus a huge hot tub with electronic controls, bluetooth, and more. For added entertainment, the lower level offers a home theater with seating for sixteen, plus full bath and fridge for easycare movie viewing. A dedicated laundry room is also on this level with full size washer/dryer unit. This floor walks out to a covered patio with plenty of seating for alfresco recreation and conversation. Between both floors, a total of eight bedrooms offer luxurious rest and relaxation, each with their own full ensuite bathroom. For ADA compliancy, there are two handicap accessible bathrooms, one on each level. Separate from the main house are two detached houses. The guest house offers a first floor with 1 bedroom and 1 bath, plus living room with two bunk beds and additional bed. The second floor enjoys its own dedicated entrance and is complete with two bedrooms with private ensuite bathrooms and living room with open plan kitchenette. The second bunkhouse offers a 1 bed, 1 bath floor plan and separate laundry facility on the second floor for housekeeping. The grounds are replete with three storage sheds, gazebo, and fenced-in pool area with large patio, separate kiddie pool with waterfall feature, and covered deck. Location is everything in real estate and it doesn't get much better than this Sevierville vacation cabin convenient to the Smokies' most desirable and sought-after entertainments and amenities. This one-of-a-kind investment opportunity has a combined income of $681,000(as of 8-28-21) from 2020 plus current bookings and reservations paid for 2021/2022. This property features great referral clients and in strong demand. Call today to add this amazing property to your investor's portfolio!! Square footage is estimated. Buyer to verify all square footage.

More Information MLS# 1157950

Contract Info

Auction Y/N: No Sold Price: $2,000,000 Current Price: $2,000,000 Status: Closed Listing Contract Date: 2021-06-25

Location, Tax & Legal Info

Unit #: UNIT 1 Area: Sevier County - 27 Property Sub-Type: Residential City/County Code: County Total Tax: 1985.09

General Property Description

Type: 2 Story # Bedrooms: 12 Acres: 4.5 Acre Source: Tax Records # of Rooms: 18 Restrictions: No Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 2000 SqFt - Down Lvl: 2620 SqFt - 2nd Flr Lvl: 1000 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: No Basement: Yes Bonus Room: Yes Extra Storage: Yes Living Area: 5620 Bathrooms Full: 12 Bathrooms Half: 1 Year Built: 2018

Remarks & Misc

Directions: Turn at traffic light # 8 off of the parkway toward Dollywood. Turn right at the 'All Season's Suites Inn' on Dollywood Lane. (If you pass Aunt Bug's cabins and car wash you have gone too far) Continue past Dollywood onto Upper Middle Creek Road 1 1/2 miles. Turn left onto Walker Trail right past Williamsburg Church (which is 4/10 of a mile past Starrcrest Resort and Timber Tops Crossing). Continue on Walker Trail until it forks onto Backhome Lane left. Property on Right. Public Remarks: If you're looking for a high income producing investment, this turn-key property is for you! This incredible property is primed and ready for rental, sold fully furnished and comprised of one large lodge and two smaller adjacent guesthouses totaling 12 bedrooms and 13.5 bathrooms. Amid majestic mature trees and back-dropped by the great smoky mountains, the property offers ample parking space with waterfall features and woodwork sculptures dotting the grounds, along with two pools and gazebo that invite a perfect vacation ambiance. The main cabin opens upon a voluminous vaulted open concept layout with 8 bedrooms, 9.5 bathrooms, and custom doors with both upper and lower decks. The living room yields plentiful seating, nestled around the comfort and beauty of a stacked stone fireplace

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1

Construction

Block: 1 Frame: 1

Siding

Log: 1

Fireplace

Gas Log: 1 Stone: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1 Zoned: 1

Floors

Laminate: 1 Vinyl: 1

Garage/Parking

Off-Street Parking: 1 RV Parking: 1

Basement

Finished: 1 Plumbed: 1 Walkout: 1

Lot Description

Rolling Slope: 1

Fuel

Electric: 1 Propane: 1

View

Mountain View: 1

Heat

Central: 1 Zoned: 1

Dining Area

Living Rm/Dining Rm: 1

Appliances

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

Other Rooms

Extra Storage: 1 Family Room: 1 Great Room: 1 Laundry/Utility: 1

Exterior Features

Balcony: 1 Deck: 1 Patio: 1 Pool - Swim (Ingrnd): 1 Porch - Covered: 1

Misc Features

Cathedral Ceiling(s): 1 Drapes: 1 Dry Bar: 1 Hot Tub: 1 Kitchen Island: 1 Walk-in Shower: 1 Walk-In Closet(s): 1 Washer/Dryer Connect: 1 Wired for Internet: 1

Sewer

Septic Tank: 1

Water

Well: 1

Outbuildings

Guest House: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

Street Number: 1940 Street Name: Backhome Street Suffix: Lane State: TN Zip Code: 37876 Parcel Number: 084M D 001.00 000 Subdivision Name: Back Home Hideaway Resub

Status Change Info

Status Change Timestamp: 2021-11-19 Purchase Contract Date: 2021-09-24 Close Date: 2021-11-18 Close Price: 2000000

Property Features

Style: Cabin Construction: Block; Frame Siding: Log Basement: Finished; Plumbed; Walkout Lot Description: Rolling Slope View: Mountain View Fireplace: Gas Log; Stone Floors: Laminate; Vinyl Fuel: Electric Heat: Central; Zoned Cooling: Ceiling Fan(s); Central Cooling; Zoned Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer Sewer: Septic Tank Water: Well Other Rooms: Family Room; Great Room Misc Features: Drapes; Dry Bar; Hot Tub; Walk-in Shower; Wired for Internet Exterior Features: Balcony; Deck; Patio; Pool - Swim (Ingrnd); Porch - Covered Outbuildings: Guest House Showing: See Agent Instructns New Financing: Conventional
Listing Office: Hometown Realty, LLC
Office Phone: 865-693-7653
Last Updated: November - 19 - 2021
1940 Backhome Lane, UNIT 1, Sevierville, TN 37876- MLS# 1157950
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