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1050 Black Bear Cub WAY Sevierville, TN 37862
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Key Details
Sold Price $1,250,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,136 sqft
Price per Sqft $398
Subdivision Black Bear Ridge Pud
MLS Listing ID 261343
Sold Date 12/28/23
Style Cabin,Log
Bedrooms 7
Full Baths 5
Half Baths 1
HOA Fees $125/mo
HOA Y/N Yes
Abv Grd Liv Area 1,568
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2006
Annual Tax Amount $3,035
Tax Year 2022
Property Description
Welcome to the epitome of luxury living in the heart of the Great Smoky Mountains! This turnkey vacation rental is nestled within the exclusive Black Bear Ridge Resort, boasts a proven rental history with a staggering $206,000/year gross revenue historically. Cabin will be under new management starting 11/01/23. New managers are predicting to exceed last year's numbers by 20%. This magnificent 4-level retreat features 7 bedrooms, including 4 master suites with large. Jacuzzi tubs, full bathrooms, and private balconies. With 15 beds and 1 sleeper sofa, it comfortably accommodates up to 30 guests. This cabins exterior, including its decks, was recently stained in October 2023. Furnishings, equipment, kitchenware, and supplies convey with the home, including TVs, appliances, games, hot tubs, etc. The property offers unparalleled views of the Smoky Mountains from its 6 balconies and 2 porches. Unique touches such as handmade Amish floating vanities, a custom kitchen table, hanging swings, and contemporary lighting add to the charm. Conveniently located, its just a short drive to the Wears Valley entrance of the Smoky Mountain National Park, Pigeon Forge Strip, Townsend, and Gatlinburg. Investors, seize this opportunity! Priced to sell and currently part of a successful rental program, this is a rare chance to own a slice of paradise in the sought-after Black Bear Ridge Resort. 5 home portfolios available.
Location
State TN
County Sevier
Zoning R-1
Direction From Pigeon Forge Turn right onto US-441 N / US-321 S / TN-71 / Parkway, then immediately turn left onto Pine Mountain Rd Grand Inns of America on the corner 1.8 mi Turn right onto Gibson Hollow Ln 0.2 mi Bear right onto Engle Town Rd 1.1 mi Turn right onto Lost Branch Rd 0.8 mi Turn left onto Black Bear Cub Way 0.3 mi Arrive at Black Bear Cub Way.
Rooms
Basement Basement, Finished
Interior
Heating Central
Cooling Central Air
Fireplaces Type Gas Log
Fireplace Yes
Appliance Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
Exterior
Waterfront No
Roof Type Composition
Street Surface Paved
Porch Deck, Porch
Garage No
Building
Lot Description Wooded
Sewer Public Sewer
Water Public
Architectural Style Cabin, Log
Structure Type Log
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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