Property Description Beautiful Wears Valley views make this cabin an exceptional investment opportunity in one of the nation's premier short-term rental markets! This updated cabin, with huge full wraparound porch, numerous updates and a captivating panoramic view, is the perfect addition to your investment portfolio.
Recently renovated in 2017, this 3-bedroom, 3-bathroom cabin sits on a spacious .64-acre lot, offering ample space for guests to enjoy the tranquility of the mountains. The outdoor firepit area provides the ideal setting for gatherings, while the newer hot tub ensures guests can relax in style.
This turnkey investment is ready to start generating income immediately. And with a proven rental history, generating approximately $100,000 in revenue each of the past two years, the potential for profit is undeniable.
Don't miss out on the opportunity to capitalize on the booming short-term rental market in this sought-after destination. Avoid all the repairs that so many cabins need by investing in this fully updated cabin! Schedule your showing now.
Details
Maps
Location, Tax & Legal Info
House #: 3205
Street Name: Grinders
St Suffix: Way
State/Province: TN
Zip Code: 37862
Property Sub-Type: Residential
Area: Sevier County - 27
City/County Code: County
PIN #: 124 056.04
Subdivision: Stone Mill
Total Tax: 2719.06
Geo Lat: 35.719299
Geo Lon: -83.617293
Contract Info
Auction Y/N: No
Listing Price: 799000
Current Price: $799,000
Status: Active
Listing Date: 2024-04-18
Cooperation Comp: 2.5
Compensation Type: %
Gross Amount Year 1: 85100
General Property Description
Type: 1 1/2 Story
Acres: 0.64
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 1890
SqFt - Main Lvl: 1365
SqFt - 2nd Flr Lvl: 525
# Bedrooms: 3
Baths - Full: 3
# of Rooms: 5
Fireplace: Yes
# Fireplace: 1
Property Status: N/A
HOA: No
Year Built: 2006
Bonus Room: No
Remarks & Misc
Directions: From Pigeon Forge take Wears Valley Road West for 16 miles turn left on Covemont Lane - Right to stay on Covemont Rd - Left onto JL Myers Rd - Left onto Grinders Way. First cabin on left
Public Remarks: Beautiful Wears Valley views make this cabin an exceptional investment opportunity in one of the nation's premier short-term rental markets! This updated cabin, with huge full wraparound porch, numerous updates and a captivating panoramic view, is the perfect addition to your investment portfolio.
Recently renovated in 2017, this 3-bedroom, 3-bathroom cabin sits on a spacious .64-acre lot, offering ample space for guests to enjoy the tranquility of the mountains. The outdoor firepit area provides the ideal setting for gatherings, while the newer hot tub ensures guests can relax in style.
This turnkey investment is ready to start generating income immediately. And with a proven rental history, generating approximately $100,000 in revenue each of the past two years, the potential for profit is undeniable.
Don't miss out on the opportunity to capitalize on the booming short-term rental market in this sought-after destination. Avoid all the repairs that so many cabins need by investing in this fully updated cabin! Schedule your showing now.