Sevierville, TN 37876,4446 Shangrila WAY
Sevierville, TN 37876,4446 Shangrila WAY
Sevierville, TN 37876,4446 Shangrila WAY
44
Listed by Darlene Pearson • Smoky Mountain Real Estate Cor
$1,125,000
$1,199,000
6.2%
Est.Price: ?

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4 BD
5 BA
2,914 SqFt

4446 Shangrila WAY Sevierville, TN 37876

Est. payment /mo
SOLD DATE : 04/15/2024

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Key Details

Sold Price $1,125,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,914 sqft

Price per Sqft $386

Subdivision Mountain Shangrila

MLS Listing ID 268613

Sold Date 04/15/24

Style Cabin,Chalet,Contemporary,Craftsman

Bedrooms 4

Full Baths 4

Half Baths 1

HOA Fees $100/mo

HOA Y/N Yes

Abv Grd Liv Area 2,022

Originating Board Great Smoky Mountains Association of REALTORS®

Year Built 2022

Annual Tax Amount $2,178

Tax Year 2022

Lot Size 435 Sqft

Acres 0.01

Property Description

“Rooftop RendezView” presents an incredible opportunity to purchase a recently built mountain view rental cabin with the best location between Pigeon Forge and Gatlinburg (only a 2 – 3 mile drive to both!) with no crazy steep roads on the one-mile route to/from the Parkway. From the spacious distinctive rooftop deck, see magnificent views of the Smoky Mountains from this large 3 story cabin. This is no cookie-cutter square cabin as it was built in the popular mountain modern style with amenities that make this cabin stand out from the rest, including a private theater room with tiered plush theater-style seating for 8 and huge 85-inch Sony 4K TV; a game room with a pool table, air hockey, and Multicade with many classic games; unique modern linear gas fireplace; flat parking for 4 vehicles; EV charger; fast Wifi; relaxing large hot tub; and a rooftop deck with a 81” long resort-style gas firepit table with enough seating options for 12 guests. Dream kitchen with stainless steel appliances, granite countertops, massive island with seating and long dining table. Rooftop RendezView has enough room for multiple families in the cabin's four bedrooms (three kings and one queen), each having a dedicated full ensuite bathroom and flat screen TV. Two of the bedrooms have additional sleeping options to get the sleeping occupancy up to 12 - a full size pullout sofa in the main floor bedroom and a twin daybed with a twin trundle in the upper floor bedroom. The current meticulous housekeeping and maintenance crews can continue maintaining the cabin and the Superhost owner is willing to transfer reservations and her knowledge to the lucky new owners so the cabin is ready for rental on day 1 of ownership. The rental income is excellent with rental revenues of $237K since it was officially launched in mid-April 2022 through January 2024 ($208K excluding cleaning fee revenue). 2023 rental revenues did not disappoint with $127K ($111K excluding cleaning fee revenue) since 2023 was considered a down year after the Covid boom. Current owners are selling the cabin to invest the proceeds in building a large cabin on a lot they have already purchased. This cabin checks all of the boxes for a productive cabin investment in our area including a convenient location, no steep roads, mountain view, distinctive amenities, recent (2022) high end quality construction, and an outstanding rental performer with a guest favorite designation on Airbnb and a perfect 5 stars from all 21 Airbnb guest reviews.

Location

State TN

County Sevier

Zoning R-1

Direction From HWY 441 (SPUR) take Gnatty branch road. In one mile turn left into Mountain Shangri-La. in .2 cabin will be on your right.

Rooms

Basement Basement, Finished

Interior

Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Solid Surface Counters

Heating Heat Pump

Cooling Central Air, Electric

Fireplaces Type Electric

Fireplace Yes

Window Features Window Treatments

Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Garage Driveway, Paved

Pool Hot Tub

Waterfront No

View Y/N Yes

View Mountain(s)

Street Surface Paved

Porch Deck

Parking Type Driveway, Paved

Building

Lot Description Private

Sewer Shared Septic

Water Shared Well

Architectural Style Cabin, Chalet, Contemporary, Craftsman

Structure Type Frame

Others

Security Features Smoke Detector(s)

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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