Ridiculous Views AND flat ground!? Yes, that is what this property offers. This is a great short term rental opportunity at a great price for a brand new 3 bedroom cabin. With rental projections of $105-$115,000+, this property would make a great addition to your real estate portfolio. Cabin sits on an acre of flat ground and is positioned in such a way to showcase the amazing mountain views from all areas of the cabin. There is also a beautiful stone fire-pit with poly-wood Adirondack chairs for people to enjoy an evening fire while enjoying the beautiful views. The cabin features 4 full bedrooms with ensuite bathrooms, a large kitchen with plenty of cabinet and countertop space along with leathered granite countertops. The living room/great room has cathedral ceilings, floor to ceiling stone fireplace, and a wall of windows to showcase those mountain views. The cabins of Majestic View have no restrictions and there is no HOA. They are on well and septic so the only utility costs are electric and digital services. Very low overhead! This is a great opportunity in this changing market to take advantage of a property that has the potential of generating 11-14+% ROI (gross rent:purchase price).
Sold for $800,700 on 02/28/23
$800,700
3867 Holders Grove Rd, Cosby, TN 37722
3beds
2,344sqft
Single Family Residence
Built in 2022
1.01 Acres Lot
$846,800 Zestimate®
$342/sqft
$3,620 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 14, 2023 at 07:58am
Listed by:
Matt Maloney 865-719-2755,
Prime Mountain Properties
Bought with:
Matt Maloney, 335706
Prime Mountain Properties
Source: East Tennessee Realtors,MLS#: 1215565
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat Pump
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Cathedral Ceiling(s), Eat-in Kitchen
- Flooring: Other, Hardwood, Tile
- Basement: Slab
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 2,344
- Total interior livable area: 2,344 sqft
Property
Parking
- Parking features: Off Street, Designated Parking
Features
- Has view: Yes
- View description: Mountain(s), Country Setting
Lot
- Size: 1.01 Acres
- Features: Level
Details
- Parcel number: 0
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Craftsman,Chalet
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Cement Siding, Cedar, Frame
Condition
- Year built: 2022
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Cosby
- Subdivision: Majestic View