$550000 Price Analysis    ♡   Pigeon Forge, TN 37863 2 bed 2 bath 1000 SqFt ($550/SqFt) 1.11 acre lot. Built 1994 Listed 2024-02-26, Taxes $1097 | ✓ USDA Eligible near Pigeon Forge, TN |
Welcome to your next lucrative investment opportunity nestled in the heart of Pigeon Forge
TN, at the foothills of the majestic Great Smoky Mountains. This cash cow of a property is an investor's dream, boasting a prime location a short 3-minute drive to the main parkway. This cabin is situated on over an acre of land, offering both space and potential. The lot and be subdivided and with access to city sewer and water, it presents a unique opportunity to build a second cabin on the property. This setup provides the best of both worlds: a cash-flowing cabin with the added possibility of expanding the investment by constructing an additional cabin. This makes it an ideal choice for those looking to maximize their return on investment while enjoying the serene environment of a open lot. This short-term rental investment cabin has proven to be a consistent earner, with a solid rental history documented from 2022-2023, exemplified in the provided photo images. In 2023 alone, it generated an impressive $71k in revenue as a self-managed Airbnb rental, showcasing its profitability.
Be sure to check out the link provided, where you'll find a plethora of glowing 5-star reviews from satisfied guests. The owners have recently made a significant upgrade by replacing the HVAC system in 2023, ensuring optimal comfort for guests year-round. Unlike many properties in the area, this gem is not part of any homeowners association, granting you freedom and flexibility in managing your investment. Ample parking ensures convenience for guests, a rare find in this bustling tourist destination. Guests rave about the cabin's amenities, including a fireplace in each bedroom, a rejuvenating hot tub and an arcade for limitless entertainment. The fully equipped kitchen invites guests to channel their inner chef and whip up delicious meals to savor together. With a quick 3-minute drive, you'll find yourself on the main parkway, where all the area's attractions, dining and entertainment await. For those eager to explore further, the Great Smoky Mountains National Park beckons with its breathtaking natural beauty nd endless outdoor adventures. To truly appreciate all that this investment property has to offer, we invite you to experience a full video tour. Simply type the address into YouTube and you'll discover an immersive glimpse into the endless potential of this listing. Don't miss out on this exceptional opportunity to own a profitable piece of paradise in Pigeon Forge!
Presented by Jennie Ooten at
United Real Estate Solutions.
Property MLS #1253896 from EastTennessee
Basement Features: Crawl Space
Basement Description: Crawl Space
Extra Room-1 Description: No
Full Bathrooms: 2
Flooring: Vinyl, Tile
Smoke Detector
Refrigerator
Fireplace Features: Electric, Pre-Fab
Heating Features: Heat Pump, Electric
Heating: Yes
Number of Fireplaces: 3
Deck
HotTub
Lot Size Acres: 1.11
Lot Size Source: Tax Records
Lot Size Square Feet: 48352
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: Sevier County - 27
Directions: From Sevierville, head to Pigeon Forge 5.1 mi Turn right onto Sharon Dr 0.4 mi Turn left to stay on Sharon Dr Turn right onto Suncrest Dr Continue onto Country Oaks Dr 0.4 mi Turn left to stay on Country Oaks Dr Property on Left
Disclaimer: No
Source Property Type: Single Family
Area: Sevier County - 27
MLS Area Minor: Sevier County - 27
Source Neighborhood: Country Oaks 2
Parcel Number: 094A A 001.00
Subdivision: Country Oaks 2
Property Subtype: Residential
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $66700 | $1097 |
| 2021 | $unknown + $unknown $66700 | $1097 |
| 2020 | $unknown + $unknown $40575 | $836 |
| 2019 | $unknown + $unknown $40575 | $836 |
| 2018 | $unknown + $unknown $40575 | $836 |
| 2017 | $unknown + $unknown $40575 | $836 |
| 2016 | $unknown + $unknown $40575 | $836 |
| 2015 | $unknown + $unknown $41100 | $855 |
| 2014 | $unknown + $unknown $41100 | $752 |
| 2013 | $unknown + $unknown $41100 | $752 |
| 2012 | $unknown + $unknown $41100 | $752 |
| 2011 | $unknown + $unknown $41100 | $752 |
| 2010 | $unknown + $unknown $41025 | $683 |
| 2009 | $unknown + $unknown $41025 | $683 |
| 2008 | $unknown + $unknown $40350 | $671 |
| 2007 | $unknown + $unknown $40350 | $671 |
$550000
EastTennessee
Price Changed 2024-05-30
$550000
GreatSmokyMtns
Listed 2024-03-01
$575000
GreatSmokyMtns
Listed 2024-02-26
$575000
EastTennessee
Sold 2021-12-10
$402000
EastTennessee
Listed 2021-09-17
$389900
EastTennessee
Sold 2018-12-18
$190000
Public Record
Listing removed 2018-12-16
$0
GreatSmokyMtns
Price Changed 2018-11-05
$199900
GreatSmokyMtns
Price Changed 2018-10-26
$209900
GreatSmokyMtns
Price Changed 2018-09-15
$214900
GreatSmokyMtns
Listed 2018-08-29
$219900
GreatSmokyMtns
Listing removed 2018-08-09
$209900
GreatSmokyMtns
Listed 2018-07-30
$209900
GreatSmokyMtns
Listing removed 2009-10-18
$259900
GreatSmokyMtns
Listed 2007-02-12
$259900
GreatSmokyMtns
Sold 2001-04-05
$115500
Public Record
Sold 1993-11-05
$89900
Public Record
Year Built: 1994
Building Area Total: 1000
Building Exterior Type: Wood Siding, Log, Block
Construction Materials: Wood Siding, Log, Block
Living Area Source: Tax Records
Property Age: 30
Total Area Sqft: 1000
Architectural Style: Cabin
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.