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Sevierville, TN 177k Grossing Vacasa Cabin
Sevierville, TN 177k Grossing Vacasa Cabin
  • Home
  • Tennessee

Sevierville, TN 177k Grossing Vacasa Cabin

Pending / Sold

$1,700,000

Property ID :

 RH-19878-property

Bedrooms
4
Bathrooms
6
Year Built
2006
Area
4122 sq ft
Lot Size
3.29 Acres

Description

Cabin business for sale! This 4 bedroom with bonus rooms cabin has been run solely as a business for the past few years. It has 2 masters on the main floor with the living room and kitchen. 2 stories below host the additional bedrooms, bathrooms, laundry room, game room, and theater room. The cabin is just minutes from Metcalf Bottoms in the National Park. This access allows for playing by the river, picnicking, wading, and the short drive over the mountain through the park to Gatlinburg. The income last year alone was $177K documented. The cabin would have brought in 190+ last year if not also used by the owner over the summer. Vacasa is managing the STR currently. Their model is rented for more per night. They are charging triple what the last management company did. The seller has been getting between $1,000 and $3,000 a night depending on the time of year. A little lower in the off-season. Because of that, the rental calendar never looks that full, but it brings in a lot of money. In the last couple of years, it has had a strong history of booking at the last minute for full price. January of 2022 cabin grossed 8945.47. Improvements to the business include the following: *New platform in the theater along with new theater seats. *New ceiling tiles in the theater. *New video game machines New 50 inch flatscreens in all of the bedrooms and 86 inch tv in the theater Replaced quite a few mattresses. *New couches upstairs *Resealed decks *New hot tub on the top level with hardcover (bear-proof) *Repaired exterior lighting *Trees trimmed back and removed to improve the view *Upgraded to UV water purifier *New water pump and bladder Business being sold so the seller can do a 1031 and purchase rentals closer to their perm residence. The seller is motivated and encourages all offers to be presented.

Listed by:

Theresa Raymond 865-313-4476 | tnsmokymtnrealty@gmail.com

Tn Smoky Mtn Realty, LLC 865-280-2569

Source: GSMAR, GSMMLS,MLS#: 248126

Real Estate on Zillow

See more details for 3474 Edge Park Dr, Sevierville, TN 37862 on Zillow

Facts and features

  • Single family residence
  • 4 bedrooms
  • 6 bathrooms
  • Built in 2006
  • Has heating (unspecified type)
  • No data
  • No garage
  • 3.29 Acres
  • $412 price/sqft
Interior details
Bedrooms and bathrooms
  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 6
PrimaryBedroom
  • Features: Large Master Bedroom
Basement
  • Area: 2720
Heating
  • Heating features: Has Heating (Unspecified Type)
Cooling
  • Has cooling: Yes
Appliances
  • Appliances included: Dryer, Microwave, Electric Range, Dishwasher, Refrigerator, Washer
  • Laundry features: W/D Connection
Interior Features
  • Interior features: Ceiling Fan(s), Great Room, Solid Surface Countertops
Other interior features
  • Total structure area: 4,122
  • Total interior livable area: 4,122 sqft
  • Finished area above ground: 1,402
  • Finished area below ground: 2,720
  • Total number of fireplaces: 1
  • Fireplace features: Gas Log, One
  • Virtual tour: View virtual tour
Property details
Parking
  • Parking features: No Garage
Property
  • Levels: Three Or More
  • Spa included: Yes
  • Spa features: Heated
  • Exterior features: Private Yard, Rain Gutters
  • View description: Mountain(s)
Lot
  • Lot size: 3.29 Acres
  • Lot features: Wooded, Private
Other property information
  • Parcel number: 015.00
  • Zoning: R-1
Construction details
Type and style
  • Home type: SingleFamily
  • Architectural style: Cabin,Log
  • Property subType: Single Family Residence
Material information
  • Construction materials: Log, Log Siding
  • Foundation: Basement
  • Roof: Composition
Condition
  • Year built: 2006
Utilities / Green Energy Details
Utility
  • Sewer information: Septic Permit On File
  • Water information: Well
Community and Neighborhood Details
Security
  • Security features: Smoke Detector(s)
Location
  • Region: Sevierville
  • Subdivision: Chestnut Hills At The Park
HOA and financial details
HOA
  • Has HOA: No
Other financial information
  • Annual tax amount: $2,694
Other
Other facts
  • Listing Terms: Cash,Conventional,1031 Exchange

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