3070 Happy Hollow Rd, Sevierville, TN 37862

$2,043,122.61
Property Type: Single Family Bedrooms: 4 Square Footage: 5,720 Lot Size (sq. ft.): 37,897 Status: Closed
Current Price: $2,043,122.61 List Date: 1/24/2024 Last Modified: 7/31/2024

Overview

Description

Wrapping Up REMODEL! Sprinkler system! Will be permitted to sleep 20! Projected income of $225k to $275k w/ 32% self managing ROI on 20% down payment // 13% ROI cash on cash! This gorgeous property is currently in the midst of a down to the studs remodel. Redesigned to appeal to the overnight rental market this property features: soaring cathedral ceilings, walls of glass, open kitchen – dining – living room area perfect for entertaining, heated indoor swimming pool, golf simulator, movie and game space, 4 spacious bedrooms, and 5 full bathrooms! Additional sleeping in game room/theater area! A tasteful combination of tongue and groove and drywall paired with modern light and water fixtures create an amazing ambiance that will appeal to a wide variety of guests! Conveniently located in the Wears Valley area, this property is only 15 minutes to Pigeon Forge Parkway and 10 minutes to up and coming Townsend! Easy access to the National Park through Line Springs Rd! You can even make your way to Gatlinburg using back roads to avoid the traffic. Est time of completion is April 2024.

Listing Details MLS# 1250698

Location Tax Legal Info

House #
3070
Street Name
Happy Hollow
St Suffix
Rd
State/Province
TN
Zip Code
37862
PIN #
123 036.20
Subdivision
Wears Cove Acres

Contract Info

Auction Y/N
No
Listing Price
2039500

General Property Description

Type
2 Story
Acres
0.87
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt – Total (Aprox)
5720
SqFt – Main Lvl
2860
SqFt – Down Lvl
2860
# Bedrooms
4
Baths – Full
5
Fireplace
Yes
# Fireplace
Yes
Property Status
N/A
HOA
No
Year Built
1996
Bonus Room
Yes
# of Rooms
0
SqFt – 2nd Flr Lvl
0
SqFt – 3rd Flr Lvl
0
Basement
Yes

Status Change Info

Status Change Date
2024-07-31
Under Contract Date
2024-06-06
Sold Date
2024-07-29

Location, Tax & Legal Info

Area
Sevier County – 27
Property Sub-Type
Residential
City/County Code
County
Total Tax
1238.76

Remarks & Misc

Directions
From Pigeon Forge Traffic light #3 take Wears Valley Rd. Go 9.8 miles and turn RIGHT onto Happy Hollow Rd. Go .4 miles to home on LEFT. See sign. Home is just before you are able to veer RIGHT onto S. Clear Fork Rd.
Public Remarks
Wrapping Up REMODEL! Sprinkler system! Will be permitted to sleep 20! Projected income of $225k to $275k w/ 32% self managing ROI on 20% down payment // 13% ROI cash on cash! This gorgeous property is currently in the midst of a down to the studs remodel. Redesigned to appeal to the overnight rental market this property features: soaring cathedral ceilings, walls of glass, open kitchen – dining – living room area perfect for entertaining, heated indoor swimming pool, golf simulator, movie and game space, 4 spacious bedrooms, and 5 full bathrooms! Additional sleeping in game room/theater area! A tasteful combination of tongue and groove and drywall paired with modern light and water fixtures create an amazing ambiance that will appeal to a wide variety of guests! Conveniently located in the Wears Valley area, this property is only 15 minutes to Pigeon Forge Parkway and 10 minutes to up and coming Townsend! Easy access to the National Park through Line Springs Rd! You can even make your way to Gatlinburg using back roads to avoid the traffic. Est time of completion is April 2024.

More Information

Atchd/Dtchd Type

Detached
Yes

Style

Cabin
Yes
Cottage
Yes

Construction

Frame
Yes

Siding

Stone
Yes
Wood
Yes

Fireplace

Electric
Yes

Cooling

Central Cooling
Yes

Floors

Laminate
Yes

Garage/Parking

None
Yes

Basement

Finished
Yes

Lot Description

Level
Yes

Fuel

Electric
Yes

View

Seasonal Mountain View
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Smoke Detector
Yes
Washer
Yes

Exterior Features

Deck
Yes

Misc Features

Cathedral Ceiling(s)
Yes
Washer/Dryer Connect
Yes

Sewer

Septic Tank
Yes

Water

Shared Well
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Cabin; Cottage Construction: Frame Siding: Stone; Wood Basement: Finished Lot Description: Level View: Seasonal Mountain View Fireplace: Electric Floors: Laminate Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Smoke Detector; Washer Sewer: Septic Tank Water: Shared Well Misc Features: Cathedral Ceiling(s); Washer/Dryer Connect Exterior Features: Deck Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: Century 21 MVP
IDX
Office Phone: 865-429-2121
Last Updated: July – 31 – 2024
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.