3070 Happy Hollow Rd, Sevierville, TN 37862

$2,043,122.61
Property Type: Single Family Bedrooms: 4 Square Footage: 5,720 Lot Size (sq. ft.): 37,897 Status: Closed
Current Price: $2,043,122.61 List Date: 1/24/2024 Last Modified: 7/31/2024

Description

Wrapping Up REMODEL! Sprinkler system! Will be permitted to sleep 20! Projected income of $225k to $275k w/ 32% self managing ROI on 20% down payment // 13% ROI cash on cash! This gorgeous property is currently in the midst of a down to the studs remodel. Redesigned to appeal to the overnight rental market this property features: soaring cathedral ceilings, walls of glass, open kitchen - dining - living room area perfect for entertaining, heated indoor swimming pool, golf simulator, movie and game space, 4 spacious bedrooms, and 5 full bathrooms! Additional sleeping in game room/theater area! A tasteful combination of tongue and groove and drywall paired with modern light and water fixtures create an amazing ambiance that will appeal to a wide variety of guests! Conveniently located in the Wears Valley area, this property is only 15 minutes to Pigeon Forge Parkway and 10 minutes to up and coming Townsend! Easy access to the National Park through Line Springs Rd! You can even make your way to Gatlinburg using back roads to avoid the traffic. Est time of completion is April 2024.

More Information MLS# 1250698

Contract Info

Auction Y/N: No Sold Price: $2,043,122.61 Current Price: $2,043,122.61 Status: Closed Listing Contract Date: 2024-01-23

Location, Tax & Legal Info

Area: Sevier County - 27 Property Sub-Type: Residential City/County Code: County Total Tax: 1238.76

General Property Description

Type: 2 Story # Bedrooms: 4 Acres: 0.87 Acre Source: Tax Records # of Rooms: 0 Restrictions: Yes Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 2860 SqFt - Down Lvl: 2860 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: No Basement: Yes Bonus Room: Yes Living Area: 5720 Bathrooms Full: 5 Year Built: 1996

Remarks & Misc

Directions: From Pigeon Forge Traffic light #3 take Wears Valley Rd. Go 9.8 miles and turn RIGHT onto Happy Hollow Rd. Go .4 miles to home on LEFT. See sign. Home is just before you are able to veer RIGHT onto S. Clear Fork Rd. Public Remarks: Wrapping Up REMODEL! Sprinkler system! Will be permitted to sleep 20! Projected income of $225k to $275k w/ 32% self managing ROI on 20% down payment // 13% ROI cash on cash! This gorgeous property is currently in the midst of a down to the studs remodel. Redesigned to appeal to the overnight rental market this property features: soaring cathedral ceilings, walls of glass, open kitchen - dining - living room area perfect for entertaining, heated indoor swimming pool, golf simulator, movie and game space, 4 spacious bedrooms, and 5 full bathrooms! Additional sleeping in game room/theater area! A tasteful combination of tongue and groove and drywall paired with modern light and water fixtures create an amazing ambiance that will appeal to a wide variety of guests! Conveniently located in the Wears Valley area, this property is only 15 minutes to Pigeon Forge Parkway and 10 minutes to up and coming Townsend! Easy access to the National Park through Line Springs Rd! You can even make your way to Gatlinburg using back roads to avoid the traffic. Est time of completion is April 2024.

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1 Cottage: 1

Construction

Frame: 1

Siding

Stone: 1 Wood: 1

Fireplace

Electric: 1

Cooling

Central Cooling: 1

Floors

Laminate: 1

Garage/Parking

None: 1

Basement

Finished: 1

Lot Description

Level: 1

Fuel

Electric: 1

View

Seasonal Mountain View: 1

Heat

Central: 1

Appliances

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

Exterior Features

Deck: 1

Misc Features

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

Sewer

Septic Tank: 1

Water

Shared Well: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

Street Number: 3070 Street Name: Happy Hollow Street Suffix: Rd State: TN Zip Code: 37862 Parcel Number: 123 036.20 Subdivision Name: Wears Cove Acres

Status Change Info

Status Change Timestamp: 2024-07-31 Purchase Contract Date: 2024-06-06 Close Date: 2024-07-29 Close Price: 2043122.61

Property Features

Style: Cabin; Cottage Construction: Frame Siding: Stone; Wood Basement: Finished Fireplace: Electric Floors: Laminate Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Smoke Detector; Washer Sewer: Septic Tank Exterior Features: Deck Showing: See Agent Instructns New Financing: Conventional
Listing Office: Century 21 MVP
Office Phone: 865-429-2121
Last Updated: July - 31 - 2024
3070 Happy Hollow Rd, Sevierville, TN 37862- MLS# 1250698
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