6 Beds
7 Baths
4,794 SqFt
6 Beds
7 Baths
4,794 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,794 sqft
Price per Sqft $309
MLS Listing ID 710949
Style Log
Bedrooms 6
Full Baths 6
Half Baths 1
HOA Fees $250
Year Built 2018
Annual Tax Amount $5,410
Lot Size 3.180 Acres
Acres 3.18
Lot Dimensions 3.18
Property Sub-Type Single Family Residence
Source Lakeway Area Association of REALTORS®
Property Description
**Motivated Seller! All Reasonable Offers Welcome!**
Escape to the breathtaking beauty of the Smoky Mountains with this exceptional investment opportunity at Paradise Point Pool Lodge. Nestled on a sprawling 3.18 acres, this spacious 6-bedroom cabin offers a rare blend of luxury, comfort, and privacy, making it the perfect getaway for families or a lucrative short-term rental.
### Unmatched Features:
**Stunning Mountain Views**: Enjoy panoramic vistas from every angle, providing a picturesque backdrop for your mountain escape.
- **Luxurious Amenities**:
- **Indoor Pool**: Dive into relaxation year-round in your private indoor pool.
- **Theater Room**: Experience movie nights like never before in a dedicated theater room.
- **Game Room**: Unwind with friends and family in the spacious game room, perfect for all ages.
- **Outdoor Fire Pit**: Gather around the fire pit under the stars, soaking in the serene mountain atmosphere.
### Proven Rental Income:
This cabin is not just a home; it's a profitable investment! With phenomenal past rental income:
- **2021**: $220,391 Net
- **2020**: $207,169 Net
- **2024**: $150,000 (with potential for much higher earnings post-renovations)
Recent upgrades, including a new fire sprinkler system to comply with local regulations, enhance the cabin's appeal and comfort for up to **20 guests**. Projections suggest a gross rental income of approximately **$200,000** per year, making this an attractive investment opportunity.
### Spacious and Inviting Layout:
- **Main Level**: Features two expansive king-sized bedrooms, a large kitchen and dining area, and a family room that boasts stunning mountain views.
- **Upper Level**: Offers three additional king-sized bedrooms and a massive bunk bedroom with two queen-over-queen bunk beds, ideal for larger groups.
- **Lower Level**: Home to the indoor pool, generously sized theater room, and game area, ensuring endless entertainment for all.
### Prime Location:
Situated in the desirable Wears Valley area, you'll enjoy easy access to the best attractions the Smokies have to offer:
- Just **15 minutes** from downtown Pigeon Forge
- A quick **25-minute drive** to the vibrant Gatlinburg
This mountain retreat is more than just a property; it's a lifestyle waiting for you to embrace. With its combination of stunning views, extensive amenities, and a strong rental history, Paradise Point Pool Lodge is a must-see!
Don't miss your chance to own a piece of paradise--schedule your visit today and experience the magic for yourself!
Location
State TN
County Sevier
Direction GPS FRIENDLY. From Pigeon Forge turn onto Pine Mountain Road. Straight to RIGHT onto Little Cove Rd. Turn LEFT onto Little Cove Church Rd. Then turn into On Higher Ground Subdivision
Rooms
Basement Finished
Interior
Interior Features Ceiling Fan(s), See Remarks
Heating Central, Electric, Heat Pump
Cooling Central Air
Fireplaces Type Electric, Metal
Fireplace Yes
Exterior
Exterior Feature Balcony, Barbecue, Fire Pit, Outdoor Grill, Rain Gutters
Utilities Available Cable Connected, Electricity Available, Electricity Not Available, Sewer Connected, Water Connected, Cable Internet
Porch Covered, Deck, Front Porch, Porch
Garage No
Building
Lot Description Irregular Lot, Paved, Private, Rolling Slope, Sloped, Views
Water Private
Architectural Style Log
Structure Type Frame,Log Siding
New Construction No
Others
Senior Community No
Tax ID 104M A 01900 000
Virtual Tour https://tourmls.therealphoto.com/tour/MLS/1643BarnDoorLane_Sevierville_TN_37862_1428_447365.html
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REALTOR® | Lic# 348922