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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

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    What's special

    *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**

    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#: 257114MLS Logo

    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