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2520 Mountain Holly Way

Sevierville, TN 37862
  • $1,950,000
  • STATUS: Active Under Contract
  • ON SITE: 146 Days
  • ID#: 248192
Under Contract
UPDATED: 48 min ago
$1,950,000
  • 4
    BEDS
  • 1.03
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 3,024
    SQFT
  • $645
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2019
County:
Area:

School Ratings & Info

Listing courtesy of Century 21 Mvp.


Description

Owner agent JUST FELL THROUGH VIA BUYER'S FINANCING / Views! Location! Style! Indoor heated swimming pool! This cabin has it all! Located in the private and prestigious gated community of Waldens Ridge this mountain home is just 12 minutes from the Pigeon Forge Parkway. Floor to ceiling wall of glass features gorgeous mountain views from the living, dining, kitchen, and loft areas. A mix of rustic, industrial, and modern finishes adorn this home and pair nicely with the multi tone stained tongue and groove interior. Custom Midnight colored with rustic finish KrafMaid soft close cabinets are the focal point of the kitchen. Perched at the highest point of the subdivision this home offers stunning views of the Waldens Creek area, Bluff Mountain, and parts of the Chilhowee Ridge line. Sunsets are front and center from the back deck every evening. The indoor heated swimming pool is salt water and an industrial dehumidifier was just installed. The pool also features an auto fill system that drains the dehumidifier back into the pool. Pool heater was replaced DEC 2021. Floor plan layout is generous with the main floor featuring 2 suits with connected bathrooms, the upstairs has a generous primary suite with double vanities, walk-in double shower, and cathedral ceilings. The basement is all play with a dedicated bunk room, theater, mini arcade, and a full bath adjacent to the indoor pool. Spacious back decks offer plenty of room to enjoy the mountain scenery. An overnight rental powerhouse this home produced $152k in 2020 (June-Dec), $224k in 2021, and has done/has on the books $151k for 2022 (fall and 2nd half of the year holidays). Based on 2021 gross numbers, 20% down payment @ 4.5% interest this property is a 36% ROI and as an all cash purchase this is an 12.1% ROI. Feel free to request a performa for review.

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Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of JET Real Estate. Information deemed reliable but not guaranteed. Last updated 2022-08-17T17:15:40.34.
www.jetrealestate.com/homes/127001349
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2520 Mountain Holly Way Sevierville, TN 37862

  • Price: $1,950,000
  • Status: Active Under Contract
  • On Site: 146 Days
  • Updated: 48 min ago
  • ID#: 248192
4
Beds
4
Baths
1
½ Baths
1.03
Acres
3,024
SQFT
$645
$/SQFT
2019
Built
Neighborhood:
Waldens Ridge
County:
Sevier
Area:
Sevierville
Property Description
Owner agent JUST FELL THROUGH VIA BUYER'S FINANCING / Views! Location! Style! Indoor heated swimming pool! This cabin has it all! Located in the private and prestigious gated community of Waldens Ridge this mountain home is just 12 minutes from the Pigeon Forge Parkway. Floor to ceiling wall of glass features gorgeous mountain views from the living, dining, kitchen, and loft areas. A mix of rustic, industrial, and modern finishes adorn this home and pair nicely with the multi tone stained tongue and groove interior. Custom Midnight colored with rustic finish KrafMaid soft close cabinets are the focal point of the kitchen. Perched at the highest point of the subdivision this home offers stunning views of the Waldens Creek area, Bluff Mountain, and parts of the Chilhowee Ridge line. Sunsets are front and center from the back deck every evening. The indoor heated swimming pool is salt water and an industrial dehumidifier was just installed. The pool also features an auto fill system that drains the dehumidifier back into the pool. Pool heater was replaced DEC 2021. Floor plan layout is generous with the main floor featuring 2 suits with connected bathrooms, the upstairs has a generous primary suite with double vanities, walk-in double shower, and cathedral ceilings. The basement is all play with a dedicated bunk room, theater, mini arcade, and a full bath adjacent to the indoor pool. Spacious back decks offer plenty of room to enjoy the mountain scenery. An overnight rental powerhouse this home produced $152k in 2020 (June-Dec), $224k in 2021, and has done/has on the books $151k for 2022 (fall and 2nd half of the year holidays). Based on 2021 gross numbers, 20% down payment @ 4.5% interest this property is a 36% ROI and as an all cash purchase this is an 12.1% ROI. Feel free to request a performa for review.
Exterior Features

Access Gated Community Construction MasonryWood SidingFrameLog Siding Exterior Features Double Pane WindowsGutters Foundation Slab Garage Capacity 0.00 Garage Type None Roof CompositionMetal Style Cabin

Interior Features

Appliances DryerMicrowaveWater FilterElectric RangeSelf Cleaning OvenRange HoodSmoke DetectorWater Softener OwnedDishwasherRefrigeratorWasher Attic None Basement Finished Bonus Rooms No Cooling Central AirHeat Pump Fireplace Gas LogOne Heating CentralHeat PumpElectric Interior Features FurnitureW/D ConnectionPrivate Pool Sq Ft Above Grade 1848 Sq Ft Finished Basement 1176 Sq Ft Unfinished Basement 0 Stories Two And One Half

Property Features

Annual Tax 2325.47 Construction Type Site Built District 16 Financial Remarks 2020 income is June - Dec Only Hoa Fees 350.00 Hoa Fees Payment Frequency Annually Hoa Includes InsuranceMaintenance GroundsRoads Hoa Name Waldens Ridge Hoa Hoa Type Mandatory Hoa YN Yes Lot Block Unit 51 Miscellaneous Hot TubSeasonal ViewMountain View Occupancy Either Owner Financing No Proposed Financing CashConventional1031 Exchange Rental Rental History Residential Type Single Family Restrictive Covenants Yes Sewer Septic SystemSeptic Permit On File Tax Year 2019 Water Well Zoning R-1 Zoning Entity Sevier County

Copyright 2022 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Century 21 Mvp | Office Phone: 8654292121 .

Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of JET Real Estate. Information deemed reliable but not guaranteed. Last updated 2022-08-17T17:15:40.34.
 
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JET Real Estate
3959 Parkway
Pigeon Forge TN, 37863
Listing courtesy of Century 21 Mvp.