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Key Details
Sold Price $605,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,468 sqft
Price per Sqft $412
Subdivision Shagbark
MLS Listing ID 258493
Sold Date 08/30/23
Style Cabin,Cottage
Bedrooms 3
Full Baths 2
HOA Fees $70/ann
HOA Y/N Yes
Abv Grd Liv Area 1,468
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 1971
Annual Tax Amount $448
Tax Year 2022
Lot Size 0.800 Acres
Acres 0.8
Property Sub-Type Single Family Residence
Property Description
Welcome to an extraordinary investment opportunity in the heart of the Smoky Mountains! Behold this stunning and newly remodeled 3-bedroom, 2-bathroom cabin, nestled within the picturesque Shagbark Resort. Offering not only a captivating retreat but also the potential for substantial investment income, this modern mountain home is a gem waiting to be discovered. Projected to generate nearly $90,000 per year according to AirDNA, this property presents an exceptional revenue potential that will surely pique the interest of savvy investors. As you arrive, the wealth of resort amenities will enthrall you, from the inviting swimming pool to the tennis courts, playground, creek, and frisbee golf. These sought-after features will undoubtedly attract guests looking for a memorable vacation. Step inside, and you'll be greeted by an inviting atmosphere, accentuated by brand new quartz countertops and stainless steel appliances in the kitchen. The spacious open living, dining, and living area creates a perfect setting for entertaining and making cherished memories. Blending rustic mountain charm with modern comforts, the cabin showcases a stylish interior design that will impress guests and keep them returning year after year. Step onto the decks to breathe in the crisp mountain air and savor the natural beauty that surrounds you, all while enjoying a tranquil and private setting. Privileged within the prestigious Shagbark gated community, this property offers exclusive access to its own trails, pool, tennis courts, frisbee golf, and pavilions. The prime location provides easy access to outdoor adventures, shopping, dining, and entertainment options, making it an attractive destination for all types of visitors. Whether exploring nearby hiking trails or indulging in the vibrant attractions of surrounding towns, guests will find endless opportunities for excitement and relaxation. Embrace the wonders of nature or savor the serenity of the cabin and the welcoming Shagbark community. Don't let this charming and revenue-generating mountain retreat slip away. Secure your chance to own this exceptional investment property. Schedule your showing today and embark on a remarkable journey of comfort, convenience, and natural beauty. The Smoky Mountains are calling, and this is your opportunity to answer!
Location
State TN
County Sevier
Zoning R-1
Direction From the Parkway, take Wears Valley to Waldens Creek and go about two miles. Turn left at N Clearfork and follow to Shagbark (you will have to show your RE license and/or drivers license or busiess card to the guard gate) when you go through go straight and the house will be on the left.
Rooms
Basement Crawl Space, None
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Solid Surface Counters
Heating Central
Cooling Central Air
Fireplaces Type Electric
Fireplace Yes
Appliance Dryer, Electric Range, Refrigerator, Washer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Amenities Available Pool, Tennis Court(s)
Roof Type Composition
Street Surface Paved
Porch Covered, Deck, Patio
Road Frontage County Road
Garage No
Building
Lot Description Level, Wooded
Sewer Septic Tank
Water Well
Architectural Style Cabin, Cottage
Structure Type Wood Siding
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
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