825 Pinecrest Way, Sevierville, TN 37862

$3,100,000
Property Type: Single Family Bedrooms: 7 Square Footage: 6,022 Lot Size (sq. ft.): 162,479 Status: Closed
Current Price: $3,100,000 List Date: 7/01/2023 Last Modified: 11/20/2023

Description

Investors looking for rental income? Check out the stately 6,022 SF Mountain Cascades Lodge! Set on a private 3.73-acre lot—adjacent to its sister cabin, Eagle River Lodge. Gorgeous Mountain Cascades Lodge is a stunning 7-BR and 7 ½ spa-like BA mountain lodge with space for 26 and an impressive list of amenities. With 2021 rental income at $392,361 and 2022 at $396,021 (cleaning income included), 2023 already has $270,000 for the calendar year (146 nights booked) with 6 months to go. This is the one you want! The current management company can continue to operate, which will allow you to retain the current bookings, listing platforms, and stellar review history. All furniture conveys (linens and living room furniture updated in 2023) and reflected in the photos. Each space in this industrial-style cabin has been beautifully designed including rustic wood and steel finishes, top-of-the-line amenities, and custom touches throughout like a large eagle carving and western spruce pillars—plus you can't miss the gorgeous views through the soaring windows along the back wall! Style meets function in the kitchen with granite countertops, lovely tin ceilings, beautiful hickory cabinets, and double appliances. There's an inviting game loft and even a home theater boasting an 80-inch TV, Blu-ray player, and comfortable leather seating! You'll be drawn to the incredible heated indoor pool room featuring a wading area for kids, a beautiful waterfall feature, a log bridge, and stone details plus a 55-inch TV! The wraparound deck, hot tub, and fire pit offers ideal places to unwind, and it's just a few miles from downtown Pigeon Forge, offering convenience without sacrificing privacy. Don't miss this rare opportunity! (See link to rental listing in docs.)

More Information MLS# 1232031

Contract Info

Auction Y/N: No Occupancy: Either Listing Price: 3400000 Current Price: $3,100,000 Status: Closed Listing Date: 2023-06-30

Location, Tax & Legal Info

Area: Sevier County - 27 Property Sub-Type: Residential City/County Code: County Total Tax: 4715.28

General Property Description

Type: 2 Story # Bedrooms: 7 Acres: 3.73 Acre Source: Tax Records # of Rooms: 0 Restrictions: No Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 0 SqFt - Down Lvl: 1857 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: No Basement: Yes Bonus Room: Yes SqFt - Total (Aprox): 6022 Baths - Full: 7 Baths - 1/2: 1 Year Built: 2014

Remarks & Misc

Directions: See Attached Directions. Public Remarks: Investors looking for rental income? Check out the stately 6,022 SF Mountain Cascades Lodge! Set on a private 3.73-acre lot—adjacent to its sister cabin, Eagle River Lodge. Gorgeous Mountain Cascades Lodge is a stunning 7-BR and 7 ½ spa-like BA mountain lodge with space for 26 and an impressive list of amenities. With 2021 rental income at $392,361 and 2022 at $396,021 (cleaning income included), 2023 already has $270,000 for the calendar year (146 nights booked) with 6 months to go. This is the one you want! The current management company can continue to operate, which will allow you to retain the current bookings, listing platforms, and stellar review history. All furniture conveys (linens and living room furniture updated in 2023) and reflected in the photos. Each space in this industrial-style cabin has been beautifully designed including rustic wood and steel finishes, top-of-the-line amenities, and custom touches throughout like a large eagle carving and western spruce pillars—plus you can't miss the gorgeous views through the soaring windows along the back wall! Style meets function in the kitchen with granite countertops, lovely tin ceilings, beautiful hickory cabinets, and double appliances. There's an inviting game loft and even a home theater boasting an 80-inch TV, Blu-ray player, and comfortable leather seating! You'll be drawn to the incredible heated indoor pool room featuring a wading area for kids, a beautiful waterfall feature, a log bridge, and stone details plus a 55-inch TV! The wraparound deck, hot tub, and fire pit offers ideal places to unwind, and it's just a few miles from downtown Pigeon Forge, offering convenience without sacrificing privacy. Don't miss this rare opportunity! (See link to rental listing in docs.)

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1 Log: 1

Construction

Log: 1

Siding

Log: 1 Wood: 1

Fireplace

Gas Log: 1

Cooling

Central Cooling: 1

Floors

Hardwood: 1

Garage/Parking

Off-Street Parking: 1

Basement

Finished: 1

Lot Description

Private: 1 Wooded: 1

Fuel

Other Fuel: 1

View

Mountain View: 1 Wooded: 1

Heat

Heat Pump: 1

Dining Area

Breakfast Bar: 1 Living Rm/Dining Rm: 1

Appliances

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

Other Rooms

Den/Study: 1 Great Room: 1

Exterior Features

Deck: 1 Porch - Covered: 1

Misc Features

Hot Tub: 1

Sewer

Septic Tank: 1

Water

Well: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 825 Street Name: Pinecrest St Suffix: Way State/Province: TN Zip Code: 37862 PIN #: 093E A 022.00 Subdivision: Private Geo Lat: 35.786263 Geo Lon: -83.59679

Status Change Info

Status Change Date: 2023-11-20 Under Contract Date: 2023-10-24 Sold Date: 2023-11-09 Sold Price: $3,100,000

Property Features

Style: Cabin; Log Construction: Log Siding: Log; Wood Basement: Finished Lot Description: Private; Wooded View: Mountain View; Wooded Fireplace: Gas Log Floors: Hardwood Fuel: Other Fuel Heat: Heat Pump Cooling: Central Cooling Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer Sewer: Septic Tank Water: Well Other Rooms: Den/Study; Great Room Misc Features: Hot Tub Exterior Features: Deck; Porch - Covered Dining Area: Breakfast Bar; Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash; Conventional

Room Information

Master Bedroom Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bonus Room Kitchen Dining Room Living Room Great Room Rec Room Utility Room
Listing Office: Keller Williams
Office Phone: 865-977-0770
Last Updated: November - 20 - 2023
825 Pinecrest Way, Sevierville, TN 37862- MLS# 1232031
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