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    1311 Grace Way

    Sevierville, TN 37876
    • $2,567,000
    • STATUS: Active
    • ON SITE: 96 days
    • ID#: 242076
    UPDATED: 45 min ago
    $2,567,000
    • 11
      BEDS
    • 6.24
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 6,324
      SQFT
    • $406
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1996
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Exp Realty, Llc Sevierville.


    Description

    Cabin Community for sale just off Pullen Road! 5 cabins, 1 traditional home. Live in the primary, rent out the rest and build more! Based on the location, size, style, and design, there is no reason $35K per year per unit would be unreasonable. Plus, a 3/2 primary w garage and storage. Plus additional property to build at least 2 more cabins for overnight rental. That should generate $245,000 per year plus the house to live in! SWEET!! The property has approximately 6.2acres+/- with underground power, well, and septic. There are several outbuildings and storage areas to also convey. FYI: Only one septic permit has been found so far.1311 Grace Way and 1311 Ina Grace Way have been both used as the addresses for both tracts and all the homes and cabins on this property. We are conferring with 911 addressing to decipher the correct address' to help eliminate the confusion and possibly find more septic permits and match up the one we have. The units have been long-term rentals since purchased by the current owner in 2013. There is not any rental history.

    Monthly Payment Calculator

    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2021-08-01T16:15:37.06.
    www.realestatewithsuzanne.com/homes/116465185
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    1311 Grace Way Sevierville, TN 37876

    • Price: $2,567,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: 242076
    11
    Beds
    7
    Baths
    0
    ½ Baths
    6.24
    Acres
    6,324
    SQFT
    $406
    $/SQFT
    1996
    Built
    Neighborhood:
    Myers Property
    County:
    Sevier
    Area:
    Sevierville
    Property Description
    Cabin Community for sale just off Pullen Road! 5 cabins, 1 traditional home. Live in the primary, rent out the rest and build more! Based on the location, size, style, and design, there is no reason $35K per year per unit would be unreasonable. Plus, a 3/2 primary w garage and storage. Plus additional property to build at least 2 more cabins for overnight rental. That should generate $245,000 per year plus the house to live in! SWEET!! The property has approximately 6.2acres+/- with underground power, well, and septic. There are several outbuildings and storage areas to also convey. FYI: Only one septic permit has been found so far.1311 Grace Way and 1311 Ina Grace Way have been both used as the addresses for both tracts and all the homes and cabins on this property. We are conferring with 911 addressing to decipher the correct address' to help eliminate the confusion and possibly find more septic permits and match up the one we have. The units have been long-term rentals since purchased by the current owner in 2013. There is not any rental history.
    Exterior Features

    Access Private DriveCounty RoadPrivate RoadPaved Construction Vinyl SidingLogStucco Exterior Features DeckLevel LotDouble Pane WindowsSurfaced DriveWoodedGuttersPrivate Yard Foundation Crawl Space Garage Capacity 2.00 Garage Type Attached Garage Roof Composition Style Cabin

    Interior Features

    Appliances RefrigeratorDishwasher Basement None Bedroom2 Comments 1 1/2 Story Bedroom3 Comments 1 1/2 Story Bedroom4 Comments 1 1/2 Story Bonus Rooms Yes Cooling Central Electric Fireplace Pre-Fabricated3 Or MoreWoodburningInsert Heating Central Interior Features Walk-In ClosetWood FloorsCathedral CeilingW/D ConnectionCeiling Fan(S)Great RoomLoft Kitchen Comments 1 1/2 Story Master Bedroom Comments 1 1/2 Story Master Bedroom Size Cabin 1-1170 Sq Ft Above Grade 6324 Sq Ft Finished Basement 0 Sq Ft Unfinished Basement 0 Stories One And One Half

    Property Features

    Annual Tax 389.00 Construction Type Site Built District 4 Financial Remarks Cash To Seller At Closing Hoa YN No Lot Block Unit Po2 Occupancy Either Owner Financing No Proposed Financing CashConventional1031 Exchange Residential Type Single Family Restrictive Covenants Yes School Bus Service Sevierville Primary K-2Sevierville Middle 6-8Sevier Co High School 9-12Sevierville Intermediate 3-5 Sewer Septic Permit Not FoundSeptic System Tax Year 2019 Water Well Zoning R-1 Zoning Entity Sevierville

    Copyright 2021 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Exp Realty, Llc Sevierville | Office Phone: 8654295517 .

    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2021-08-01T16:15:37.06.
     
    https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_242076-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_242076-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_242076-2.jpg
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    Suzanne Walls with eXp Realty
    200 E Broadway Ave Suite 504
    Maryville TN, 37804
    Listing courtesy of Exp Realty, Llc Sevierville.