1903 Elk Springs Way

Description

**HIGHEST & BEST with ALL offers due by 10:00am on Friday (9/22). Seller will respond to offers no later than 10:00am on Saturday (9/23).** Elk Springs Resort is located on 68 private acres bordering Smoky Mountain National Park. "Cowboy Way" is a beautiful 3-bedroom, true log cabin in the rarely available Elk Springs Resort where natural beauty meets easy ownership. This would be a great addition to your STR portfolio with a gross income of $94,801 in 2021, and $82,563.76 for 2022! It has performed consistently for current owners as a premium cabin rental over many years. It is set up to comfortably sleep 10 guests with inclusion of the Great Room sofa- sleeper. Main level has an open concept full kitchen, dramatic living room with floor to ceiling river rock fireplace (gas), dedicated dining area, and main level bedroom suite. Upstairs you'll find the loft with pool table plus second bedroom (w/Queen bed) and full bath. The lower level features a custom theater with 9-foot theater screen, full wet-bar, and a third bedroom with Queen-Over-Queen bunks and full bath. The main level deck has been updated to Trex, is very private, and offers additional seating and a hot tub (replaced 3 years ago). The HOA fee of $150 per month is quite possibly the best bang for your buck in all of Sevier County. It includes hi-speed Xfinity cable/internet, City water, trash, landline, (often well above $150 for cabins in our market), on-site Customer Service, Housekeeping and Maintenance dispatched 24/7 to attend to your guest's every need. One of many fire hydrants is located just up the street and helps with reducing homeowner insurance premiums. Additionally, the cabin offers a rarity for cabins in our market - natural gas (supplied by Sevier County Utility District). Agents, please see REALTOR addendum for Elk Springs Resort's superior performance, outstanding maintenance, and offer instructions. If your clients are looking for a completely worry-free investment cabin to enjoy for years to come, they will find "Cowboy Way" at Elk Springs unsurpassed.