1935 Livingston Way, Sevierville, TN 37876

$2,700,000
10
BD
9
BA
5,638
SqFt
List Price
$2,700,000
Price Change
▼ $299,900 1626239012
Status
PENDING-CONTINUE TO SHOW
MLS#
243020
Bedrooms
10
Full-baths
9
Sq. Ft
5,638
Acres
13.702
Year Built
1994
Subdivision
N/A

Property Description

8 Cabins on 13 Acres right off the Spur/Parkway with possible 5 to 8 extra building lots. Own a Mountain in the Smokies and create your own retreat! Build a pool amenity with game room & putt putt golf and guest will love it. Five 1 bedroom/1 bath, One Studio, One 2 bedroom/1 bath, and One 2 bedroom/2bath cabins. All cabins have fire pits and Five cabins have magnificent views. If you are looking to self manage, this is a winner. Current owner would be willing to work with new purchaser to teach and take over website. The seller has mastered renting in the Smokies and is willing to share. All cabins need to be cleaned and stained, change out some carpet, updating of furnishings, and smart TV's. Location is the key to the success! Rate of Return at current income is 10.19%. Improve properties and add more cabins to property and watch the income. Yearly /Expenses: Advertising $21,122, Insurance $4,902, Repairs & Maintenance $6,524, Supplies $953, Taxes $3,881, TV/Internet/Utilities $20,240, Pest/Security/Road Maintenance $6,125. Net income of $285,227 for 2020. Water tower supplies all water to all 8 cabins. 13 acres are on two parcels.

Additional Information

Price Per Sqft
$478
Days on Market
145
Annual Tax
3702.33
Tax Year
2019
Style
Cabin, Log, Chalet
Interior Features
Furniture, W/D Connection, Ceiling Fan(s), Great Room, Whirlpool
Exterior Features
Deck, Level Lot
Amenities
Mountain View
Appliances
Dryer, Refrigerator, Washer, Microwave, Microwave/Range Hood Combo, Dishwasher
Foundation
Basement, Crawl Space
Basement
Partial, Walk Out, Finished-Partial
Construction
Wood Siding, Log, Log Siding
Construction Type
Site Built
Roof
Metal
Fireplace Type
Electric, Gas Log
Heating
Electric Heat Pump
Cooling
Electric Heat Pump
Sewer
Septic Permit Not Found, Septic Permit On File
Water
Community System, Shared Well

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Smokies Investors Real Estate & Auc.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2021 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .