For more information regarding the value of a property, please contact us for a free consultation.
2435 HICKORY KNOLL WAY Sevierville, TN 37862
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,095,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,554 sqft
Price per Sqft $428
Subdivision Homestead In Wears Valley
MLS Listing ID 258739
Sold Date 09/18/23
Style Cabin,Log
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Fees $25/mo
HOA Y/N Yes
Abv Grd Liv Area 2,554
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2006
Annual Tax Amount $2,154
Tax Year 2022
Lot Size 4.880 Acres
Acres 4.88
Property Description
Gross Rental Income for 2022 was $131,000+ in just 9 months! $70,000+ already in the bank for the first half of 2023, with an additional $30,000+ (and counting) in reservations for the 2nd half of 2023. Ask your realtor for rental statements and occupancy charts attached to the MLS documents. Perhaps the best way to prove how much guests love this SECLUDED cabin are the 73 combined reviews from AirBNB and VRBO with a PERFECT 5 STAR RATING! The owners of this secluded getaway have meticulously maintained and updated this huge 4BR cabin. This includes UPGRADES OF $150,000+ (hot tub, generator, new appliances, new furniture, new HVAC, etc, detailed list available). This is a genuine log cabin with 4150sqft of heated/cooled space, on 4.88 acres of peaceful seclusion at The Homestead in Wears Valley subdivision. It even has its own PRIVATE 500ft HIKING TRAIL along a ridgeline leading to GORGEOUS WATERFALLS! Even though the property is secluded, have no worries about power blackouts, because this peaceful retreat has its own WHOLE HOUSE 26KW AUTO START GENERATOR. Be the beacon of light in the neighborhood who actually has heat and wifi on those cold winter nights, and potentially get a higher nightly rate for it, because this beauty provides peace of mind that will set you apart from the other secluded cabins without a backup generator. This cabin will come virtually turnkey. Sellers have self-managed the entire time under ownership, and will handover contact info for their cleaners, handymen and all other contractors/resources who have served as their boots on the ground and helped them along the way. If new owners want to keep rental reservations in place, the current owners are willing to work with buyers to help with those transfers. Cabin currently has an UNFINISHED BASEMENT, but it is heated and cooled by HVAC, which can be converted into a finished basement ~1596sqft. Sevier County Health Dept has approved the construction of a 6BR septic system for the property if an investor wants to add additional bedrooms, square footage, etc., with additional work to the current septic system. Foundation walls are also poured concrete which is a rare upgrade. Approved plans for finished basement and general contractor info can be given if requested. Being on such a large parcel, new owners have the potential to add numerous outdoor amenities (with HOA approval). Some drone photography used in listing photos.
Location
State TN
County Sevier
Zoning R-1
Direction From Pigeon Forge, take Wears Valley Rd towards Wears Valley. Right on Happy Hollow Rd. Left on Whetston Rd. Right on Ridgeback Lane. Left on Hickory Knoll Lane. No sign on property but street number clearly visible.
Rooms
Basement Basement, Exterior Entry, Walk-Out Access
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining, Great Room, High Speed Internet, Solid Surface Counters, Walk-In Closet(s)
Heating Central, Forced Air, Propane
Cooling Central Air, Electric, Heat Pump
Flooring Wood
Fireplaces Number 2
Fireplaces Type Gas Log, Insert, Masonry
Fireplace Yes
Window Features Double Pane Windows,Window Treatments
Appliance Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Garage Driveway, Paved, Private
Pool Hot Tub
Utilities Available Cable Available
Amenities Available Management
Waterfront No
View Y/N Yes
View Mountain(s), Seasonal
Roof Type Composition
Street Surface Paved
Porch Covered, Deck
Road Frontage County Road
Parking Type Driveway, Paved, Private
Garage No
Building
Lot Description Private, Water Amenity, Wooded
Sewer Septic Tank, Septic Permit On File
Water Well
Architectural Style Cabin, Log
Structure Type Frame,Log,Wood Siding
Others
Security Features Security System,Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Read Less