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$419,000
Est. $2,365/mo

2675 Possum Ridge Way Mountain Retreat, Sevierville, TN 37862

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Luxurious 2-Bedroom House In Convenient Location
2 Beds2 Baths1,976 Sqft
J
Listed by Jay Fradd

"Mountain Retreat" is an excellent opportunity to own a high producing overnight cabin rental investment in the Smoky Mountains. Located in the peaceful Wears Valley area, the cabin is situated privately on its 0.83 acre lot. It is only a few hundred yards away from the community fishing pond and common area in Hickory Hollow. As you approach the secluded cabin you are greeted with a driveway to access either the upper main level or the lower level of the cabin. In the main level, the high quality post and beam timber frame style structure has soaring ceilings. Rare in our market is the exposed rafter timber frame style cabin with beautiful wood interior. The open concept main level features a beautiful stone fireplace with custom carved mantle. The kitchen includes beautiful cabinetry including granite counters, stacked stone backed island, and hanging pot/pan storage over the island. The family room and dining area include luxurious furniture as does the rest of the cabin. On the main level you'll also find an exquisite master suite with vaulted ceiling, deck access, and a custom log bed. It also includes a bath, conveniently located stackable washer and dryer, and very generously sized closet for a cabin rental. As you follow the stairs down to the lower level you'll see the high end theater room with 3D capability and six high quality tiered theater seats. The lower level also includes an incredibly nice wet bar with stone backed cabinetry, custom hickory barstools, antler light, and generously sized game room including a pool table. The lower level also features a bedroom and full bath. The exterior of the cabin offers privacy, a substantial amount of decking, and a private hot tub. Comcast/Xfinity is available and currently used for HVAC monitoring, security (including cameras), high speed internet, and cable TV. EXCELLENT rental income and history with 2018 gross rental income totaling $58,627 (see addendum for details).

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Home Details
  • Days on Homes.com: 47
  • Beds: 2
  • Baths: 2
  • Property type: Residential
  • Exterior finish: LOG,WOOD,LOG,LOG,WOOD
  • Year built: 2004
  • Lot size: 0.83
  • Fireplace: yes, yes
  • Neighborhood: Hickory Hollow
  • Cooling: Central A/c
  • Ceiling Fan: yes
  • Wet Bar: yes
  • Rooms: Bedroom, Full Bath
  • Appliances: Dishwasher, Dryer, Microwave, Range Electric, Refrigerator, Washer
  • Deck: yes
  • New Construction: no
  • Property Sub Type: Single Family Detached
  • Property Type Other Description: Residential, Single Family
  • Roof: Metal
  • Style: Cabin, Log, Other
  • Exterior: Log Siding, Wood Siding
  • Lawn: yes
  • Heating: Electric, Fireplace
  • Wired: yes
  • Home Owner Assessments Fee: 25
  • Sub-division: Hickory Hollow
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MLS Number222563
Listed05/24/2019
Listing SourceListHub
Last Updated07/07/2019
Offered BySmoky Mountain Real Estate Corporation
Pricing Info

$2,365

Estimated
Monthly
Mortgage
Principal & Interest$1,799.43
Insurance$146.65
Taxes$419
PMI$0
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