$635,000
SOLD DEC 22, 2022

240 Forrest Loop Way Gatlinburg, TN 37738

3 Beds
3 Baths
1,600 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$397 Per Sq Ft

9% Below List Price

24 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Clubhouse
  • Furnished

About This Home

As of December 2022

**Seller offering 2% concessions paid to the buyer at closing!** Perfect opportunity to purchase a turn-key investment in a resort with great amenities! This cabin was built in 2021 and is ready for years of success as a vacation home or short-term rental. This resort has tennis courts and a community pool with fun features that draw families in when looking for a fun place to stay near Gatlinburg. Same floor plan in this resort averaging $90k per year gross

Last Agent to Sell the Property

Natalie Walthour

eXp Realty, LLC 7720 License #361102 Listed on: 09/09/2022

eXp Realty, LLC 7720

Last Buyer's Agent

Jeana Maddux

eXp Realty, LLC 7720 License #348719

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 2021

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

HOA Fees

  • $393 Monthly HOA Fees

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Mountain Views
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Gas Available
  • Shared Septic
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 38

Community Details

Overview

  • Association fees include cable TV, gas, insurance, ground maintenance
  • White Oak Lodge Association
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,352

Year Built

Built in 2021

Lot Details

0

HOA Fees

$393 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Amenities: Clubhouse, Pool, Tennis Court(s)
  • Reso Association Fee Includes: Cable TV, Gas, Insurance, Maintenance Grounds
  • Co List Office Mls Id: 701
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1600.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 38
  • Location Tax and Legal:Tax Annual Amount: 1352.0
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Above Grade Finished Area: 1600.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Sewer Shared Septic: Yes
  • Association Amenities Tennis Court(s)4: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Street Number Modifier: 240
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Gas Log: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.13
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Window Treatments: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Sewer: Shared Septic
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 393.0
  • Association Fee Frequency: Monthly
  • Association Name: White Oak Lodge
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Gas: Yes

Lot Info

  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1352.0
  • Tax Lot: 38

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2023 03/26/23 Off Market $635,000 -- --
12/22/2022 12/22/22 Sold $635,000 -2.3% $397 / Sq Ft
12/04/2022 12/04/22 Price Changed $650,000 -7.0% $406 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $699,000 +34.7% $437 / Sq Ft
01/09/2022 01/09/22 Off Market $519,000 -- --
09/29/2021 09/29/21 Off Market $330,000 -- --
09/17/2021 09/17/21 Sold $519,000 +8.1% $324 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $479,900 +45.4% $300 / Sq Ft
06/29/2021 06/29/21 Sold $330,000 -5.7% $206 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
07/14/2020 07/14/20 For Sale $350,000 -- $219 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 253859

Great Smoky Mountains Association of REALTORS®