1616 Mountain Lodge Way, Sevierville, TN 37862

$649,900
3
BD
2
BA
2,088
SqFt
List Price
$649,900
Status
ACTIVE
MLS#
217557
Bedrooms
3
Full-baths
2
Sq. Ft
2,088
Acres
0.51
Year Built
2004
Subdivision
Covered Bridge
Days on Market
52

Property Description

Unbelievable investment opportunity! How would you like to own your own Exquisite Genuine Log Home and also the Resort Pool, Cabana/Clubhouse in Pigeon Forge, Tennessee? This 3 Bedroom / 2 Bath log home is situated as the first cabin upon entrance into Covered Bridge Resort which is located on the Wears Valley side of Pigeon Forge. This beautiful cabin includes private balconies off of each bedroom, gorgeous Log furniture, Hot Tub, Gas Grill, Stainless appliances, Level parking, all interior furnishings, etc. Covered Bridge Resort leases the pool/cabana at $18,300 / year and 2017 Cabin NET Rental Income was $32,200 for a Total NET of $50,500 (owner's current rates are much lower than anyone in the area, so rental income potential would be much higher for new owner at area rates). This cabin currently sleeps 15, so large and extended families love it! Walk outside your cabin to your deeded pool/cabana or splash in the pool at your leisure while the cabin is rented because it's yours! Located close to all the area attractions including Parkway shopping, Dollywood and the Great Smoky Mountain National Park - Tennessee's #1 Tourist area.

Additional Information

Price Per Sqft
$311
Days on Market
64
Annual Tax
1580.0
Tax Year
2017
Style
Log
Stories
Two
Interior Features
Cathedral Ceiling, Ceiling Fan(s), Furniture, Large Master Bedroom, Loft, Private Pool, Recreation Room, Walk-In Closet, W/D Connection, Whirlpool, Window Treatment, Wood Floors, Solid Surface Counter Top
Exterior Features
Deck, Double Window, Surfaced Drive, Fenced
Amenities
Hot Tub, Pool
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator, Self Clean Oven, Smoke Detector, Washer
Construction
Cedar, Frame, Log
Construction Type
Site Built
Roof
Metal
Garage Type
None
Fireplace Type
1
Heating
Electric H/P
Cooling
Electric H/P
Sewer
Sewer
Water
Utility

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Calculator source: Real Geeks

Listing courtesy of Crye - Leike Lakeway Real Estate.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2018 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .