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1740 High Rock Way

Sevierville, TN 37862
  • $1,950,000
  • STATUS: Active
  • ON SITE: 116 Days
  • ID#: 267047
UPDATED: 33 min ago
$1,950,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 1
    BATHS
  • 5
    1/2 BATHS
  • 6,104
    SQFT
  • $319
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2006
County:
Area:

School Ratings & Info

Listing courtesy of Smoky Mountain Real Estate Corporation.


Description

Investment Opportunity knocks! Beautiful Wedding Venue with a stunning chapel, reception hall, salon, office spaces, tons of storage, and an outdoor swimming pool. Endless possibilities here. Located in Black Bear Ridge Resort, sitting on 1.5acres and has excellent income history! The large reception hall has an ultimate Chef's commercial kitchen adjacent to the dining room. Huge upstairs offices and tons of storage downstairs. This is a super nice property, with over 6000 square feet of useable space. Accommodating up to 65 guests. An all-exclusive venue since 2006 producing positive income each year. 2022 grossed 523K. 2021 grossed 510K. 2020 grossed 458K. Located minutes to Pigeon Forge, Dollywood, Gatlinburg, and the National Park. The property could potentially generate even more income. In the past the owner held a beer license and operated a restaurant out of the reception hall. A food delivery service would be ideal, servicing the resort alone would be amazing. Another idea would be turning it into a huge cabin rental. The swimming pool is also included with this sale and is currently being offered to resort cabin owners for a fee. Come see this wonderful property for yourself! 3 years and YTD Financials available.

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Copyright 2024 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2024-02-20T23:16:23.093.
www.smokylistings.com/homes/144747241
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1740 High Rock Way Sevierville, TN 37862

  • Price: $1,950,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 33 min ago
  • ID#: 267047
0
Beds
1
Baths
5
½ Baths
1.5
Acres
6,104
SQFT
$319
$/SQFT
2006
Built
Neighborhood:
Black Bear Ridge Pud
County:
Sevier
Area:
Pigeon Forge
Property Description
Investment Opportunity knocks! Beautiful Wedding Venue with a stunning chapel, reception hall, salon, office spaces, tons of storage, and an outdoor swimming pool. Endless possibilities here. Located in Black Bear Ridge Resort, sitting on 1.5acres and has excellent income history! The large reception hall has an ultimate Chef's commercial kitchen adjacent to the dining room. Huge upstairs offices and tons of storage downstairs. This is a super nice property, with over 6000 square feet of useable space. Accommodating up to 65 guests. An all-exclusive venue since 2006 producing positive income each year. 2022 grossed 523K. 2021 grossed 510K. 2020 grossed 458K. Located minutes to Pigeon Forge, Dollywood, Gatlinburg, and the National Park. The property could potentially generate even more income. In the past the owner held a beer license and operated a restaurant out of the reception hall. A food delivery service would be ideal, servicing the resort alone would be amazing. Another idea would be turning it into a huge cabin rental. The swimming pool is also included with this sale and is currently being offered to resort cabin owners for a fee. Come see this wonderful property for yourself! 3 years and YTD Financials available.
Exterior Features

Access Paved Construction Log Exterior Features Level Lot Foundation Basement Garage Capacity 0.00 Porch Patio Deck CoveredDeckPatio Style Log

Interior Features

Appliances DishwasherDryerElectric RangeMicrowaveRefrigeratorWasher Basement Finished Bonus Rooms Yes Cooling Central Air Fireplace Electric Heating Heat Pump Interior Features Cathedral Ceiling(s)Ceiling Fan(s)High Speed InternetW/D ConnectionWindow Treatment Sq Ft Above Grade 5240 Sq Ft Finished Basement 864 Sq Ft Unfinished Basement 0

Property Features

Annual Tax 4187.22 Construction Type Site Built District 16 Hoa Fees 125.00 Hoa Fees Payment Frequency Monthly Hoa Includes Maintenance GroundsRoads Hoa Name Wise property solutions Hoa Type Mandatory Hoa YN Yes Lot Block Unit 102R Miscellaneous Mountain ViewPlanned Unit Development Occupancy Either Owner Financing No Proposed Financing CashConventional1031 Exchange Residential Type Single Family Restrictive Covenants Yes Sewer Community System Tax Year 2022 Water Utility Zoning R-1 Zoning Entity Sevier County

Copyright 2024 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Smoky Mountain Real Estate Corporation | Office Phone: 8652778115 .

Copyright 2024 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2024-02-20T23:16:23.093.
 
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Colonial Real Estate
1380 Dolly Parton Parkway
Sevierville TN, 37862
Listing courtesy of Smoky Mountain Real Estate Corporation.