$1,155,000
$1,450,000
20.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
6 Baths
3,874 SqFt
SOLD DATE : 05/26/2023
Key Details
Sold Price $1,155,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,874 sqft
Price per Sqft $298
Subdivision The Preserve
MLS Listing ID 253700
Style Cabin,Log
Bedrooms 5
Full Baths 5
Half Baths 1
HOA Fees $166/qua
Year Built 2006
Annual Tax Amount $2,638
Tax Year 2021
Lot Size 10,018 Sqft
Property Description
BEAUTIFUL MOUNTAIN VIEWS from this LUXURY LOG CABIN located in prestigious The Preserve Resort! This spacious 5 bedroom, 5.5 bathroom luxury cabin is spread out over 3,874 sq.ft. of 3 exceptionally crafted levels and boasts 3 living areas, a game room and theater room. There is also a locked area that the seller is currently using as storage, but could easily be finished to create an additional bedroom and added revenue! It has already been framed and has heat/air. Upon entry, your eyes will immediately be drawn to the views just beyond the main living area. The fully equipped kitchen, with its gleaming stainless appliances, is separated from the dining area by a breakfast bar. The comfortable living area, complete with a large stacked stone fireplace, leads way to a massive deck with plenty of seating options, as well as an outdoor hot tub overlooking the incredible mountain vistas. The main level is also home to two large bedrooms, each with an en-suite bathroom featuring both a standup shower and jetted tub. Upstairs you'll find the second living area, which includes a gaming area and deck access. The upper level is also home to the remaining 3 bedrooms with full en-suite bathrooms. Head downstairs for a movie night in the theater room with stadium seating for 10, or spend some time in the 3rd living area and game room. You'll also find a mini bar area, convenient half bath, and laundry room on the lower level. The Preserve Resort features a beautiful Chapel, weight room, sauna, outdoor pool and pavilion overlooking incredible mountain views! Drone photography used. Local management company offering $150K income guarantee. 2022 income was $120,153.87, plus 36 nights blocked by seller for an estimated $25K-$30K in additional potential income.
Location
State TN
County Sevier
Zoning R-1
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Number 1
Fireplaces Type Electric
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Garage Driveway, Paved
Pool Hot Tub
Waterfront No
View Y/N Yes
View Mountain(s)
Roof Type Composition
Building
Sewer Shared Septic
Water Private
Structure Type Log
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
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Agent | License ID: 354366
308 N PETERS RD. STE 225, KNOXVILLE, TN, 37922, United States