Sevierville, TN 37876,1467 Licking Spring WAY #Unit 3
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Sevierville, TN 37876,1467 Licking Spring WAY #Unit 3
Sevierville, TN 37876,1467 Licking Spring WAY #Unit 3
Sevierville, TN 37876,1467 Licking Spring WAY #Unit 3
Sevierville, TN 37876,1467 Licking Spring WAY #Unit 3

$385,000

Est. payment /mo

$385,000

Est.Price: ?

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1467 Licking Spring WAY #Unit 3 Sevierville, TN 37876

1 Bed

1 Bath

650 SqFt

SOLD DATE : 07/16/2024

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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Listed by United Real Estate Solutions

Cindy Kraus

Broker | Owner | License ID: 328053

+1(865) 776-0577

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