Multiple offers are in receipt. Highest and best offers due by Monday 6/14 at 5:00. Only cash offers will be considered. The bad; "The front wall of the home is bowing/tipping in towards the crawlspace approximately 9â. Near the base of the wall, shearing is occurring and the wall has shifted approximately 1â. Twelve inch I-beams have been installed with diagonal bracing extending down towards the footing of the rear foundation wall. The I-beams are on approximately 12' centers. No grout has been placed between the concrete block wall and the I-beams. The four walls of the foundation have vertical and horizontal cracks with several cracks showing nearly an inch of movement. In the floor system and wall framing above, several floor trusses have received water damage and appear unsound. The trusses are located below the master bedroom area. Also, several areas of the floor system are deflecting. Generally, the deflection follows walls that are parallel to the floor joists. In one area, a stone fireplace is supported by the floor trusses. Floor deflection and cracks in the drywall exist in this area. On the opposite side of the living room, a wall appears to be located between two floor trusses. The weight of the wall combined with the weight of the additional walls and flooring near the master bath are causing deflection in the floor trusses below. Repairs are necessary to reestablish proper support to the foundation and to the floor system." There is also a hole in the driveway asphalt allowing water to penetrate, crack and move the retaining wall that supports it. Additionally, there is insect and woodpecker damage to the siding and the cabin is in need of cosmetic updates. Sold "as is." The good; Nice view of the Smokies, 2 BD/2 BA, 1,000+ square feet, one level log cabin with ample level parking in desirable Chalet Village North. Inside features include a living area with stone fireplace, open kitchen with a breakfast bar, both bedroom have attached bathrooms, open deck and hot tub on the enclosed porch. Just minutes to downtown Gatlinburg and the Great Smoky Mountains National Park with access to the Chalet Village Owner's Club, which include swimming pools, tennis courts, and a club house.
Listing courtesy of Century 21 Legacy PF.
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