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    1547 Majestic Mountain Drive , "Above It All"

    Sevierville, TN 37876
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 64 days
    • ID#: 241971
    Under Contract
    UPDATED: 26 min ago
    $1,100,000
    • 3
      BEDS
    • 1.38
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,232
      SQFT
    • $340
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2018
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Smoky Mountain Real Estate Corporation.


    Description

    "Above it All" presents an incredible opportunity to purchase a recently built rental cabin with jaw dropping views. Among the many things that set this cabin apart from the crowd include the private panoramic views while sitting on 1.38 acres, top notch quality, and convenient location to both Pigeon Forge and Gatlinburg with easy backroad access as well. The views are second to none with a straight on view of Mount Leconte, distant views of the Ober Gatlinburg ski slopes, and private panoramic views deep into the Smokies. You can even sit on the porch and see the Dollywood fireworks at night in season along with hearing the distant whistle of the Dollywood train! The rental income is excellent with revenue at $94,062.73 in 2020 (not including taxes, cleaning fees, or other fees) with it's 2021 revenues on pace to outperform 2020! The 2020 revenues were at that amazing level despite 28 nights blocked in 2020 for owner use. The electric bill only averaged $288.42 for the large, 3232 square foot cabin. A good testament to it being well insulated and the overall quality of construction of the cabin. The attention to detail is significant and many things are added above and beyond the typical rental cabin in our area. Including a separate lower tiered seating deck area with fire pit to take in the spectacular views. The privacy looking directly out the back is extremely rare in our area with very few cabins in sight and a direct view to the mountains in the Smoky Mountain National Park. Inside you'll find luxury abounds and the floor plan is ideal for rental. Each level has its own bedroom, private bath, and deck off the back to take in the mountain views. You won't find the typical run of the mill showers in this cabin! The master bath features a large walk in shower with dual shower heads while the other baths feature upgraded materials as well. The large and private theater room provides tiered seating for 12 including a wet bar. The game room also doesn't disappoint with the pool table and sit down arcade. A separate nook upstairs includes a foosball table, sofa, and TV making fun and games able to be enjoyed on separate levels. High end luxury furniture is throughout the cabin and many intricate details such as the coffee bar and laundry were custom designed by the owners of the cabin. The fireplace in the family room is floor to ceiling stacked stone and offers a tremendous view from the room. This cabin checks all of the boxes for a productive cabin investment in our area including the rare combination of an absolutely breathtaking mountain view, privacy and large lot size (1.38 acres), no HOA fees, recent (2018) high end quality construction, and an already outstanding rental performer. Note: Drone photography is being used in a few of the photos within this listing.

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    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 2021-06-24T17:15:36.453.
    www.realestatewithsuzanne.com/homes/116292956
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    1547 Majestic Mountain Drive , "Above It All" Sevierville, TN 37876

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 26 min ago
    • ID#: 241971
    3
    Beds
    3
    Baths
    0
    ½ Baths
    1.38
    Acres
    3,232
    SQFT
    $340
    $/SQFT
    2018
    Built
    Neighborhood:
    Majestic Mountain
    County:
    Sevier
    Area:
    Pigeon Forge
    Property Description
    "Above it All" presents an incredible opportunity to purchase a recently built rental cabin with jaw dropping views. Among the many things that set this cabin apart from the crowd include the private panoramic views while sitting on 1.38 acres, top notch quality, and convenient location to both Pigeon Forge and Gatlinburg with easy backroad access as well. The views are second to none with a straight on view of Mount Leconte, distant views of the Ober Gatlinburg ski slopes, and private panoramic views deep into the Smokies. You can even sit on the porch and see the Dollywood fireworks at night in season along with hearing the distant whistle of the Dollywood train! The rental income is excellent with revenue at $94,062.73 in 2020 (not including taxes, cleaning fees, or other fees) with it's 2021 revenues on pace to outperform 2020! The 2020 revenues were at that amazing level despite 28 nights blocked in 2020 for owner use. The electric bill only averaged $288.42 for the large, 3232 square foot cabin. A good testament to it being well insulated and the overall quality of construction of the cabin. The attention to detail is significant and many things are added above and beyond the typical rental cabin in our area. Including a separate lower tiered seating deck area with fire pit to take in the spectacular views. The privacy looking directly out the back is extremely rare in our area with very few cabins in sight and a direct view to the mountains in the Smoky Mountain National Park. Inside you'll find luxury abounds and the floor plan is ideal for rental. Each level has its own bedroom, private bath, and deck off the back to take in the mountain views. You won't find the typical run of the mill showers in this cabin! The master bath features a large walk in shower with dual shower heads while the other baths feature upgraded materials as well. The large and private theater room provides tiered seating for 12 including a wet bar. The game room also doesn't disappoint with the pool table and sit down arcade. A separate nook upstairs includes a foosball table, sofa, and TV making fun and games able to be enjoyed on separate levels. High end luxury furniture is throughout the cabin and many intricate details such as the coffee bar and laundry were custom designed by the owners of the cabin. The fireplace in the family room is floor to ceiling stacked stone and offers a tremendous view from the room. This cabin checks all of the boxes for a productive cabin investment in our area including the rare combination of an absolutely breathtaking mountain view, privacy and large lot size (1.38 acres), no HOA fees, recent (2018) high end quality construction, and an already outstanding rental performer. Note: Drone photography is being used in a few of the photos within this listing.
    Exterior Features

    Access County Road Construction Wood SidingLog Siding Exterior Features DeckDouble Pane WindowsSurfaced DriveWooded Foundation Crawl Space Garage Capacity 0.00 Garage Type None Lot Dimensions 114X427x168x490 Roof Metal Style CabinLog

    Interior Features

    Appliances DryerRefrigeratorWasherElectric RangeMicrowaveDishwasherSmoke Detector Bonus Rooms No Cooling Electric Heat Pump Fireplace One Heating Electric Heat Pump Interior Features FurnitureRecreation RoomWalk-In ClosetWood FloorsCathedral CeilingLarge Master BedroomW/D ConnectionCeiling Fan(S)LoftWet BarMedia RoomSolid Surface CountertopsWindow Treatment Sq Ft Above Grade 2140 Sq Ft Finished Basement 1092 Sq Ft Unfinished Basement 0

    Property Features

    Annual Tax 1575.42 Construction Type Site Built District 13 Financial Remarks 2020 is Rental Revenue Only. Not Taxes & Fees. Hoa Type None Hoa YN No Lot Block Unit 8 Miscellaneous Hot TubSeasonal ViewBroadband Internet AvailablePrivateCable TvMountain View Occupancy Either Owner Financing No Proposed Financing CashConventional1031 Exchange Rental Off SiteRental History Residential Type Single Family Restrictive Covenants Yes Sewer Septic SystemSeptic Permit On File Tax Year 2019 Water Community System Zoning R-1 Zoning Entity Sevier County

    Copyright 2021 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Smoky Mountain Real Estate Corporation | Office Phone: 8652778115 .

    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 2021-06-24T17:15:36.453.
     
    https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_241971-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_241971-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_241971-2.jpg
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    Suzanne Walls with eXp Realty
    200 E Broadway Ave Suite 504
    Maryville TN, 37804
    Listing courtesy of Smoky Mountain Real Estate Corporation.