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    2705 Dayne Drive , Skinny Dippin

    Sevierville, TN 37876
    • $689,900
    • STATUS: Active Under Contract
    • ON SITE: 40 days
    • ID#: 231543
    Under Contract
    UPDATED: 234 min ago
    $689,900
    • 1
      BEDS
    • 0.57
      ACRES
    • 1
      BATHS
    • 1
      1/2 BATHS
    • 2,133
      SQFT
    • $323
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2008
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Smoky Mountain Real Estate Corporation.


    Description

    Incredible investment opportunity to purchase a cabin with a Gunite indoor pool, theater system, fire pit, incredible rental income and occupancy, and easy access location to Pigeon Forge (7 minutes to Parkway) and backroads to avoid traffic. Skinny Dipping is a consistent producer of huge rental numbers for a one bedroom cabin. In 2020 as of listing the gross rental income (not including taxes or cleaning fees - only pure rental revenue) is $92,487 with 316 nights rented. In 2019 the cabin grossed $86,001 with 310 nights booked and in 2018 produced $91,897 in gross rental income with 298 nights rented. The gross rental multiplier ratio for 2020 of listing price at 7.46x gross rental income is considerably better than the average cabin sold in 2020. And this gross rental income doesn't include taxes, cleaning fees, and other fees as many other gross rental figures do, creating an even more attractive ratio and great profitability. Outside the cabin you'll enjoy the rear porch with hot tub, outdoor fire pit in the rear area of the property, and a small patio off the pool room to sit and relax. Inside the cabin the main level really shines with the vaulted ceiling including exposed 4x8 rafters, two stone fireplaces, large kitchen (for a 1 bedroom cabin), plenty of eating space, a large master bedroom with private fireplace and ensuite bath, and a cozy family room area with stone fireplace. Upstairs is the game room loft area with a pool table and log futon for additional sleeping capacity. Downstairs is what makes the cabin stand out and perform exceptionally well. The entire lower level area is a pool room (with half bath/laundry). It features an approximate 10x14 Gunite heated swimming pool, massive theater screen with projector, ample seating, and doors to access the patio off the pool area. A high end efficiency pool heat pump heats the pool in conjunction with a traditional spa pack type heater in exceptionally cold weather. Associated docs have rental/expense

    Monthly Payment Calculator

    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Jason White Team | Century 21 Legacy. Information deemed reliable but not guaranteed. Last updated 2021-01-24T00:15:34.263.
    www.jasonwhiteteam.com/homes/112593605
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    2705 Dayne Drive , Skinny Dippin Sevierville, TN 37876

    • Price: $689,900
    • Status: Active Under Contract
    • Updated: 234 min ago
    • ID#: 231543
    1
    Beds
    1
    Baths
    1
    ½ Baths
    0.57
    Acres
    2,133
    SQFT
    $323
    $/SQFT
    2008
    Built
    Neighborhood:
    Lafollette Landing
    County:
    Sevier
    Area:
    Pigeon Forge
    Property Description
    Incredible investment opportunity to purchase a cabin with a Gunite indoor pool, theater system, fire pit, incredible rental income and occupancy, and easy access location to Pigeon Forge (7 minutes to Parkway) and backroads to avoid traffic. Skinny Dipping is a consistent producer of huge rental numbers for a one bedroom cabin. In 2020 as of listing the gross rental income (not including taxes or cleaning fees - only pure rental revenue) is $92,487 with 316 nights rented. In 2019 the cabin grossed $86,001 with 310 nights booked and in 2018 produced $91,897 in gross rental income with 298 nights rented. The gross rental multiplier ratio for 2020 of listing price at 7.46x gross rental income is considerably better than the average cabin sold in 2020. And this gross rental income doesn't include taxes, cleaning fees, and other fees as many other gross rental figures do, creating an even more attractive ratio and great profitability. Outside the cabin you'll enjoy the rear porch with hot tub, outdoor fire pit in the rear area of the property, and a small patio off the pool room to sit and relax. Inside the cabin the main level really shines with the vaulted ceiling including exposed 4x8 rafters, two stone fireplaces, large kitchen (for a 1 bedroom cabin), plenty of eating space, a large master bedroom with private fireplace and ensuite bath, and a cozy family room area with stone fireplace. Upstairs is the game room loft area with a pool table and log futon for additional sleeping capacity. Downstairs is what makes the cabin stand out and perform exceptionally well. The entire lower level area is a pool room (with half bath/laundry). It features an approximate 10x14 Gunite heated swimming pool, massive theater screen with projector, ample seating, and doors to access the patio off the pool area. A high end efficiency pool heat pump heats the pool in conjunction with a traditional spa pack type heater in exceptionally cold weather. Associated docs have rental/expense
    Exterior Features

    Access County Road Construction LogLog Siding Exterior Features DeckDouble Pane WindowsGuttersLevel LotPrivate YardSurfaced DriveWooded Foundation Slab Garage Capacity 0.00 Garage Type None Roof Metal Style LogCabin

    Interior Features

    Appliances DishwasherDryerElectric RangeMicrowaveRefrigeratorSmoke DetectorWasher Basement Finished-All Bonus Rooms No Cooling Central ElectricElectric Heat PumpWindow Unit Fireplace WoodburningTwo Heating CentralElectric Heat Pump Interior Features Cathedral CeilingCeiling Fan(S)FurnitureGreat RoomLoftMedia RoomPrivate PoolRecreation RoomW/D ConnectionWhirlpoolWindow TreatmentWood FloorsHi-Speed InternetSolid Surface CountertopsInside/Inground Pool Number Of Bonus Rooms 0 Number Of Rooms 0 Sq Ft Above Grade 1237 Sq Ft Finished Basement 896 Sq Ft Unfinished Basement 0

    Property Features

    Annual Tax 967.20 Construction Type Site Built District 16 Financial Remarks 2018 Gross Rental: $91897 Hoa Fees 0.00 Hoa YN No Lot Block Unit 1 Miscellaneous Cable TvHot TubPoolPrivateBroadband Internet Available 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 Utility Zoning R-1 Zoning Entity Sevier County

    Copyright 2021 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed.
    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Jason White Team | Century 21 Legacy. Information deemed reliable but not guaranteed. Last updated 2021-01-24T00:15:34.263.
     
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    Jason White Team | Century 21 Legacy
    190 Community Center Drive, Suite #102
    Pigeon Forge TN, 37863
    Listing courtesy of Smoky Mountain Real Estate Corporation.