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Off market
  • $577,200

    2675 Possum Ridge Way, Sevierville, TN 37862

    2beds
    1,976sqft
    SingleFamily
    Built in 2004
    0.83 Acres Lot
    $577,200 Zestimate®
    $292/sqft
    $2,110 Estimated rent

    Home value

    $577,200

    $531,000 - $623,000

    $2,110/mo

    Zestimate® history
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    $3,111/mo

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    $3,111/mo

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    What's special

    "Mountain Retreat" is an excellent opportunity to own a high producing overnight cabin rental investment in the Smoky Mountains. Located in the peaceful Wears Valley area, the cabin is situated privately on its 0.83 acre lot. It is only a few hundred yards away from the community fishing pond and common area in Hickory Hollow. As you approach the secluded cabin you are greeted with a driveway to access either the upper main level or the lower level of the cabin. In the main level, the high quality post and beam timber frame style structure has soaring ceilings. Rare in our market is the exposed rafter timber frame style cabin with beautiful wood interior. The open concept main level features a beautiful stone fireplace with custom carved mantle. The kitchen includes beautiful cabinetry including granite counters, stacked stone backed island, and hanging pot/pan storage over the island. The family room and dining area include luxurious furniture as does the rest of the cabin. On the main level you'll also find an exquisite master suite with vaulted ceiling, deck access, and a custom log bed. It also includes a bath, conveniently located stackable washer and dryer, and very generously sized closet for a cabin rental. As you follow the stairs down to the lower level you'll see the high end theater room with 3D capability and six high quality tiered theater seats. The lower level also includes an incredibly nice wet bar with stone backed cabinetry, custom hickory barstools, antler light, and generously sized game room including a pool table. The lower level also features a bedroom and full bath. The exterior of the cabin offers privacy, a substantial amount of decking, and a private hot tub. Comcast/Xfinity is available and currently used for HVAC monitoring, security (including cameras), high speed internet, and cable TV. EXCELLENT rental income and history with 2018 gross rental income totaling $58,627 (see addendum for details).

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Features
    • W/D Connection, Wood Floors, Ceiling Fan(s), Furniture, Window Treatment, Walk-In Closet, Cathedral Ceiling, Recreation Room, Media Room, Wet Bar, High Speed Internet, Solid Surface Counter Top
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,976 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 0.83 Acres
    Details
    • Parcel number: 123GA06100000
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Footing
    • Roof: Metal
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Septic

    Community & neighborhood

    Location
    • Region: Sevierville

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $29 monthly

    Other

    Other facts
    • Construction Type: Site Built
    • Zoning Entity: Sevier County
    • Occupancy: Either
    • COOLING: Electric H/P, Central Electric
    • HEATING: Electric H/P, Central
    • INTERIOR FEATURES: W/D Connection, Wood Floors, Ceiling Fan(s), Furniture, Window Treatment, Walk-In Closet, Cathedral Ceiling, Recreation Room, Media Room, Wet Bar, High Speed Internet, Solid Surface Counter Top
    • ROOF: Metal
    • SEWER: Septic
    • Zoning: R-1
    • ACCESS: Paved Road, Private Road, Private Drive, County Road
    • APPLIANCES: Dryer, Electric Range, Refrigerator, Washer, Dishwasher, Microwave
    • EXTERIOR FEATURES: Deck, Wooded, Surfaced Drive, Double Window, Private Yard
    • CONSTRUCTION: Log, Wood Siding, Log Look
    • STYLE: Log, Cabin
    • WATER: Well
    • MISCELLANEOUS: Cable TV, Broadband Internet Avail, Private, Hot Tub, Seasonal View
    • FIREPLACE: 1, Gas Log
    • RENTAL: Off Site, Rental History

    Price history

    DateEventPrice
    10/23/2022Listing removed--
    Source: GSMAR, GSMMLS #253088
    9/21/2022Price change$749,900-5.7%$380/sqft
    Source: GSMAR, GSMMLS #253088
    7/25/2022Listed for sale$794,900+101.2%$402/sqft
    Source: GSMAR, GSMMLS #253088
    7/19/2019Sold$395,000-5.7%$200/sqft
    Source: GSMAR, GSMMLS #222563
    6/20/2019Pending sale$419,000$212/sqft
    Source: Smoky Mountain Real Estate Corporation #222563

    Public tax history

    YearProperty taxesTax assessment
    2024$2,145 $144,960
    2023$2,145 +60%$144,960 +60%
    2022$1,341 $90,600

    Find assessor info on the county website

    Neighborhood: 37862

    Nearby schools

    GreatSchools rating
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