*Multiple Offers. Highest and best due by Sunday, May 7th 2023 at 6pm.* Check out this cash flowing STR cabin! Great investment opportunity with no HOA and minimal overhead. This property consistently generates returns at 14-17% based on the gross income:list price. These are great numbers and hard to achieve in todays market. Property does amazing on AirBnb with almost 200 reviews. The cabin sits on just over an acre of usable land. The outdoor area has a great putt putt golf course that guest love, horseshoes, and a fire-pit to sit around on a cool night. The property features 1 bedroom and 2 full baths. The main level offers a full kitchen with granite counter tops, living room with stacked stone gas fireplace, Coffee table/foosball combo, sit-down multicade game system, and the bedroom and full bath. The upstairs area offers a pool table, trundle bed that provides two twin mattresses, flat screen TV, and full bathroom. The outdoor deck space features the covered hottub area, flat screen TV, and additional seating. This property generates 90-100k in gross rents for both 2021 and 2022 and has a great following. **The grandfather clock DOES NOT convey in the sale**
Sold for $607,500 on 06/08/23
$607,500
2229 Lones Branch Ln, Sevierville, TN 37876
1beds
1,376sqft
Single Family Residence, Residential
Built in 1996
1.02 Acres Lot
$533,800 Zestimate®
$441/sqft
$2,323 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 31, 2024 at 10:27pm
Listed by:
The Maloney Team 865-719-2755,
Prime Mountain Properties
Bought with:
Eric Dykes, 367802
eXp Realty, LLC 7720
Source: GSMAR, GSMMLS,MLS#: 257114
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Heat Pump
Cooling
- Electric, Heat Pump
Appliances
- Included: Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Water Purifier, Water Softener Owned
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), High Speed Internet, Soaking Tub, Solid Surface Counters
- Flooring: Wood
- Windows: Window Treatments
- Basement: Crawl Space,None
- Number of fireplaces: 1
- Fireplace features: Gas Log
- Furnished: Yes
Interior area
- Total structure area: 1,376
- Total interior livable area: 1,376 sqft
- Finished area above ground: 1,376
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Paved, Private
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Exterior features: Rain Gutters, Storage
- Spa features: Hot Tub
Lot
- Size: 1.02 Acres
- Features: Private, Wooded
Details
- Additional structures: Outbuilding
- Parcel number: 084LE00100000
- Zoning: R-1
- Other equipment: Satellite Dish Leased
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Log
- Property subtype: Single Family Residence, Residential
Materials
- Block, Log, Log Siding, Stone
- Roof: Metal
Condition
- Year built: 1996
Utilities & green energy
- Sewer: Septic Tank, Septic Permit Not Found
- Water: Well
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Sevierville
- Subdivision: Panther Knob Est
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
- Road surface type: Paved