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  • Key Facts
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Key Facts

Type Cabin
Levels Residential
Size -
Garage No
Taxes $3,161
Days Active 0
Lot Size 
Approx. Age 2022
MLS® Number 308358

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Seller to credit Buyer $2, 500 CLOSING COSTS for COST SEGREGATION STUDY so Buyer can take advantage of 100% BONUS DEPRECIATION returning to the STR market! Seller projects 2025 Gross Rental Earnings will be $110, 000+!!! 2024 Gross Rental Earnings were $96, 760. 100% BONUS DEPRECIATION is back, for those who qualify, via the SHORT TERM RENTAL TAX LOOPHOLE. Ask your CPA or Google ''STR Tax Loophole'' for additional information on how to potentially protect more of your active income with this little known but extremely powerful tax strategy! Guests absolutely love this cabin and the sellers have the proof to show it with a mind blowing 4.9+ rating closing in on 100+ reviews on AirBNB. Sevier County STR Permit has been approved, received and attached to the MLS documents. Check out that jaw-dropping LONG DISTANCE VIEW from the COVERED DECK of this 3BR / 3BA cabin with a *bonus room* just minutes from the Parkway and Wears Valley Road. Perfectly located between all the tourist attractions and amenities in Pigeon Forge & Gatlinburg, but also just a quick drive down to the Quiet Side of the Smokies to the Wears Valley restaurants and the historic Townsend River Walk. When you first pull up, you'll be amazed at how much outdoor space is available when combining the first floor play area, a very large fire pit with seating for eight, the hot tub perfectly placed for privacy and that amazing 2nd floor covered deck to sit back and soak in those amazing views. The walkout basement features a large open concept game room filled with a large TV, shuffleboard, arcade game, fliptop card table and much more. This floor also has a bedroom and generously sized full bathroom, which also provides a great advantage to advertise for guests who may not be able to climb stairs as well as they used to, which may provide a future owner an additional marketing advantage. The main floor features the living room and open concept kitchen with a large cathedral ceiling and giant two story wall of windows perfectly placed to take in that amazing view. There are also two bedrooms on the main floor floor with a generously sized hallway bathroom. The open air loft is currently used as a bonus room. It also has a full bathroom, as well as a camping & play area for little ones with a tent, sit down play area, lots of books and a sit down retro arcade game. The property is being sold fully furnished, from hot tub to silverware, plus being self-managed, the seller will consider ''transferring'' future reservations from seller to buyer and handing over the cleaner's contact info to ensure as seamless transition of ownership to the new owner. This cabin is self-managed and heavily booked, so if you're out of town and want to take a look, or you're in town for showings but can't see it yourself b/c it's rented, please ask your agent or the listing agent for the walkthrough video.Show Description
MLS® Number308358
Laundry LevelElectric Dryer Hookup, Lower Level, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.75
ExteriorLighting, Rain Gutters
GarageNo
Approx. Age2022
BasementFinished
DrivewayOff Street
Garage Spaces
HeatElectric
A/CElectric
Heating Fuel

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