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
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