$385,000
$385,000
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1467 Licking Spring WAY #Unit 3 Sevierville, TN 37876
1 Bed
1 Bath
650 SqFt
Key Details
Sold Price $385,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 650 sqft
Price per Sqft $592
Subdivision Licklog Hollow Mini Resub
MLS Listing ID 1255551
Sold Date 07/16/24
Style Craftsman,Cabin
Bedrooms 1
Full Baths 1
Originating Board East Tennessee REALTORS® MLS
Year Built 2024
Lot Size 435 Sqft
Acres 0.01
Property Description
New Construction - Introducing an ideal short-term rental investment that caters to both first-time investors and seasoned pros alike. With a projected annual rental income of $50K per cabin, this property promises lucrative returns and low entry barriers, making it an attractive option for investors of all levels. With six charming cabins nestled in this picturesque subdivision, you have the option to purchase a single cabin or seize the opportunity to acquire all six, each offering its own distinctive charm and appeal with a lucrative opportunity to capitalize on the growing demand for a getaway in the Great Smoky Mountains area. Situated in a prime location with high demand for short-term rentals, this property offers the perfect balance of affordability and income potential. Step inside to discover a cozy living space adorned with the perfect blend of modern luxury and rustic charm. The open floor plan creates an inviting atmosphere for creating unforgettable memories. The well-appointed kitchen boasts stainless steel appliances, ample counter space, a kitchen island and stunning views of the surrounding landscape. Outside, a spacious deck provides the perfect spot for al fresco dining, morning coffee, or simply soaking up the sun. After a day of outdoor adventures, unwind in the comfortable living area or gather around the fireplace for cozy evenings indoors. Surrounded by lush forest, you'll feel a world away from the stresses of everyday life. Perfectly located minutes away from Gatlinburg, Pigeon Forge, the Great Smoky Mountains and all the area's renowned attractions and dining experiences. This cabin is perfectly suited for short-term rental investment, vacation home or a romantic getaway. Whether you're looking to generate passive income or create your own mountain retreat, this short-term rental cabin is an investment opportunity not to be missed. Alternatively, investing in all six cabins presents a compelling opportunity for savvy entrepreneurs looking to maximize their returns. Note, each cabin in the subdivision is listed separately.
Location
State TN
County Sevier County - 27
Area 0.01
Rooms
Other Rooms Mstr Bedroom Main Level
Basement Crawl Space, Outside Entr Only
Dining Room Eat-in Kitchen
Interior
Interior Features Cathedral Ceiling(s), Island in Kitchen, Eat-in Kitchen
Heating Forced Air, Heat Pump, Electric
Cooling Wall Cooling, Ceiling Fan(s)
Flooring Laminate, Tile
Fireplaces Number 1
Fireplaces Type Electric
Fireplace Yes
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
Heat Source Forced Air, Heat Pump, Electric
Exterior
Exterior Feature Windows - Vinyl, Windows - Insulated, Deck, Balcony
Garage Designated Parking
Garage Description Designated Parking
View Country Setting, Wooded
Garage No
Building
Lot Description Private, Wooded
Faces From Downtown Sevierville Head toward Court Ave on Commerce St. Go for 233 ft. Then 0.04 miles Turn left onto Court Ave. Go for 358 ft. Then 0.07 miles Turn right onto E Main St (US-411). Go for 4.0 mi. Turn right onto Long Springs Rd (TN-339). Go for 0.7 mi. Continue on Old Newport Hwy (TN-339). Go for 1.3 mi. Turn right onto Jones Cove Rd (TN-339). Go for 3.4 mi. Turn right onto Licklog Hollow Rd. Go for 0.6 mi. 1467 Licking Spring Way Sevierville, TN 37876-6373
Sewer Septic Tank
Water Shared Well
Architectural Style Craftsman, Cabin
Structure Type Fiber Cement,Frame
Others
HOA Fee Include Grounds Maintenance
Restrictions Yes
Tax ID 064O B 014.00
Energy Description Electric
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