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1903 Elk Springs Way

Gatlinburg, TN 37738
  • $699,999
  • STATUS: Active Under Contract
  • ON SITE: 29 Days
  • ID#: 261192
Under Contract
$699,999
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,795
    SQFT
  • $390
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2006
County:
Area:

School Ratings & Info

Listing courtesy of Prime Mountain Properties.


Description

**HIGHEST & BEST with ALL offers due by 10:00am on Friday (9/22). Seller will respond to offers no later than 10:00am on Saturday (9/23).** Elk Springs Resort is located on 68 private acres bordering Smoky Mountain National Park. "Cowboy Way" is a beautiful 3-bedroom, true log cabin in the rarely available Elk Springs Resort where natural beauty meets easy ownership. This would be a great addition to your STR portfolio with a gross income of $94,801 in 2021, and $82,563.76 for 2022! It has performed consistently for current owners as a premium cabin rental over many years. It is set up to comfortably sleep 10 guests with inclusion of the Great Room sofa- sleeper. Main level has an open concept full kitchen, dramatic living room with floor to ceiling river rock fireplace (gas), dedicated dining area, and main level bedroom suite. Upstairs you'll find the loft with pool table plus second bedroom (w/Queen bed) and full bath. The lower level features a custom theater with 9-foot theater screen, full wet-bar, and a third bedroom with Queen-Over-Queen bunks and full bath. The main level deck has been updated to Trex, is very private, and offers additional seating and a hot tub (replaced 3 years ago). The HOA fee of $150 per month is quite possibly the best bang for your buck in all of Sevier County. It includes hi-speed Xfinity cable/internet, City water, trash, landline, (often well above $150 for cabins in our market), on-site Customer Service, Housekeeping and Maintenance dispatched 24/7 to attend to your guest's every need. One of many fire hydrants is located just up the street and helps with reducing homeowner insurance premiums. Additionally, the cabin offers a rarity for cabins in our market - natural gas (supplied by Sevier County Utility District). Agents, please see REALTOR addendum for Elk Springs Resort's superior performance, outstanding maintenance, and offer instructions. If your clients are looking for a completely worry-free investment cabin to enjoy for years to come, they will find "Cowboy Way at Elk Springs unsurpassed.

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Copyright 2023 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 2023-10-04T00:15:53.797.
www.smokylistings.com/homes/143068353
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1903 Elk Springs Way Gatlinburg, TN 37738

  • Price: $699,999
  • Status: Active Under Contract
  • On Site: 29 Days
  • ID#: 261192
3
Beds
3
Baths
0
½ Baths
N/A
Acres
1,795
SQFT
$390
$/SQFT
2006
Built
Neighborhood:
Elk Springs Resort
County:
Sevier
Area:
Gatlinburg
Property Description
**HIGHEST & BEST with ALL offers due by 10:00am on Friday (9/22). Seller will respond to offers no later than 10:00am on Saturday (9/23).** Elk Springs Resort is located on 68 private acres bordering Smoky Mountain National Park. "Cowboy Way" is a beautiful 3-bedroom, true log cabin in the rarely available Elk Springs Resort where natural beauty meets easy ownership. This would be a great addition to your STR portfolio with a gross income of $94,801 in 2021, and $82,563.76 for 2022! It has performed consistently for current owners as a premium cabin rental over many years. It is set up to comfortably sleep 10 guests with inclusion of the Great Room sofa- sleeper. Main level has an open concept full kitchen, dramatic living room with floor to ceiling river rock fireplace (gas), dedicated dining area, and main level bedroom suite. Upstairs you'll find the loft with pool table plus second bedroom (w/Queen bed) and full bath. The lower level features a custom theater with 9-foot theater screen, full wet-bar, and a third bedroom with Queen-Over-Queen bunks and full bath. The main level deck has been updated to Trex, is very private, and offers additional seating and a hot tub (replaced 3 years ago). The HOA fee of $150 per month is quite possibly the best bang for your buck in all of Sevier County. It includes hi-speed Xfinity cable/internet, City water, trash, landline, (often well above $150 for cabins in our market), on-site Customer Service, Housekeeping and Maintenance dispatched 24/7 to attend to your guest's every need. One of many fire hydrants is located just up the street and helps with reducing homeowner insurance premiums. Additionally, the cabin offers a rarity for cabins in our market - natural gas (supplied by Sevier County Utility District). Agents, please see REALTOR addendum for Elk Springs Resort's superior performance, outstanding maintenance, and offer instructions. If your clients are looking for a completely worry-free investment cabin to enjoy for years to come, they will find "Cowboy Way at Elk Springs unsurpassed.
Exterior Features

Access County RoadPaved Construction BlockLogStucco Exterior Features GuttersSurfaced DriveWooded Foundation Crawl Space Garage Capacity 0.00 Garage Type None Roof Metal Style CabinLog

Interior Features

Appliances DishwasherDryerElectric RangeMicrowaveRange HoodRefrigeratorSmoke DetectorWasher Attic None Basement FinishedFull Bonus Rooms No Cooling ElectricHeat Pump Fireplace Gas LogOne Heating CentralElectricHeat Pump Interior Features Cathedral Ceiling(S)Ceiling Fan(S)FurnitureHigh Speed InternetLarge Primary BedroomLoftW/D ConnectionWet BarWhirlpoolWood Floors Sq Ft Above Grade 1095 Sq Ft Finished Basement 700 Sq Ft Unfinished Basement 0 Stories Two

Property Features

Annual Tax 1219.89 Construction Type Site Built District 2 Hoa Fees 150.00 Hoa Fees Payment Frequency Monthly Hoa Includes Cable TvInternetMaintenance GroundsRoadsWater Hoa Name Elk Springs Resort Hoa Type Mandatory Hoa YN Yes Lot Block Unit 90 Miscellaneous Broadband Internet AvailableCable TvHot TubPlanned Unit Development Occupancy Either Owner Financing No Proposed Financing CashConventional1031 Exchange Rental On SiteRental History Residential Type Single Family Restrictive Covenants Yes Sewer Community System Tax Year 2021 Water Utility Zoning R-1 Zoning Entity Sevier County

Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Prime Mountain Properties | Office Phone: 8654534049 .

Copyright 2023 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 2023-10-04T00:15:53.797.
 
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Colonial Real Estate
1380 Dolly Parton Parkway
Sevierville TN, 37862
Listing courtesy of Prime Mountain Properties.