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2336 Waterfall Way

Pigeon Forge, TN 37863
  • $649,999
  • STATUS: Active
  • ON SITE: 110 Days
  • ID#: 268651
Price Reduced
UPDATED: 162 min ago
$649,999
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,174
    SQFT
  • $299
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2003
County:
Area:

School Ratings & Info

Listing courtesy of Realty Executives Associates Knox.


Description

This exceptional cabin boasts 3 comfortable bedrooms, 3 full bathrooms, a beautiful upstairs loft with lots of natural lighting and mountain scenery. It has accommodations for 12 guests and beautiful furniture. This cabin is located 6 minutes off the Parkway in the heart of Pigeon Forge TN, making it very convenient for attractions, shopping and restaurants. Historically, this property has demonstrated fantastic performance with $105K in gross rental revenue in 2022 and over $84K in gross rental revenue in 2023. Even with Airbnb's average rental being down over 56.87% nationwide, this cabin was only off 24% from the previous year. This cabin is a strong, consistent rental. The interior of the cabin has been routinely upgraded to ensure the utmost comfort and satisfaction of its guests. Notable upgrades include, two new commercial-grade leather sleeper sofas with memory foam mattresses, restained exterior deck railings, all fresh bedding, a new washer and dryer combo unit, a new refrigerator, new dish washer and a handmade Aspen log dining table. There are also new ceiling fans, new lighting fixtures and upgraded multi channel cable and high speed internet service. The downstairs was remodeled with the classic hotrod theme in a barn style setting. There is a new stand up arcade game, hand built coffee table and a log style pool table with new felt, new cues and custom marble balls. This is a spacious game room with seating areas for leisure and recreation. The black bear theme was designed for the main level with several adorable bears, new leather sleeper sofa, new leather chairs, a hand made coffee table and a custom carved handrail leading to the loft. The kitchen has been freshly renovated to include upgraded appliances, faucet and new counter top cooking aids. Outdoor amenities have not been overlooked. The hot tub has a custom-built privacy screen adorned with solar flickering flame lights at night to create a relaxing atmosphere. The upper deck has a scenic view from the coffee shelf and a built-in table with seating that is perfect for enjoying the picturesque surroundings. A hand made Mama bear/Papa bear bench has been installed by the front door and is a great spot for family photos. There's a new charcoal grill for family cookouts and the neighborhood has 2 pools, a covered picnic area and wedding chapel. In summary, this cabin offers an exceptional investment opportunity with a track record of impressive returns making it a profitable option for investors. Simultaneously, it serves as an ideal vacation destination for those seeking a luxurious and memorable experience where over 11 million people visited in 2023. To fully appreciate the charm and potential of this property, we invite you to schedule a viewing and see this place for yourself.

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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 2024-06-19T20:17:21.173.
www.smokylistings.com/homes/148165788
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2336 Waterfall Way Pigeon Forge, TN 37863

  • Price: $649,999
  • Status: Active
  • On Site: 110 Days
  • Updated: 162 min ago
  • ID#: 268651
3
Beds
3
Baths
0
½ Baths
N/A
Acres
2,174
SQFT
$299
$/SQFT
2003
Built
Neighborhood:
Alpine Mountain Village
County:
Sevier
Area:
Pigeon Forge
Property Description
This exceptional cabin boasts 3 comfortable bedrooms, 3 full bathrooms, a beautiful upstairs loft with lots of natural lighting and mountain scenery. It has accommodations for 12 guests and beautiful furniture. This cabin is located 6 minutes off the Parkway in the heart of Pigeon Forge TN, making it very convenient for attractions, shopping and restaurants. Historically, this property has demonstrated fantastic performance with $105K in gross rental revenue in 2022 and over $84K in gross rental revenue in 2023. Even with Airbnb's average rental being down over 56.87% nationwide, this cabin was only off 24% from the previous year. This cabin is a strong, consistent rental. The interior of the cabin has been routinely upgraded to ensure the utmost comfort and satisfaction of its guests. Notable upgrades include, two new commercial-grade leather sleeper sofas with memory foam mattresses, restained exterior deck railings, all fresh bedding, a new washer and dryer combo unit, a new refrigerator, new dish washer and a handmade Aspen log dining table. There are also new ceiling fans, new lighting fixtures and upgraded multi channel cable and high speed internet service. The downstairs was remodeled with the classic hotrod theme in a barn style setting. There is a new stand up arcade game, hand built coffee table and a log style pool table with new felt, new cues and custom marble balls. This is a spacious game room with seating areas for leisure and recreation. The black bear theme was designed for the main level with several adorable bears, new leather sleeper sofa, new leather chairs, a hand made coffee table and a custom carved handrail leading to the loft. The kitchen has been freshly renovated to include upgraded appliances, faucet and new counter top cooking aids. Outdoor amenities have not been overlooked. The hot tub has a custom-built privacy screen adorned with solar flickering flame lights at night to create a relaxing atmosphere. The upper deck has a scenic view from the coffee shelf and a built-in table with seating that is perfect for enjoying the picturesque surroundings. A hand made Mama bear/Papa bear bench has been installed by the front door and is a great spot for family photos. There's a new charcoal grill for family cookouts and the neighborhood has 2 pools, a covered picnic area and wedding chapel. In summary, this cabin offers an exceptional investment opportunity with a track record of impressive returns making it a profitable option for investors. Simultaneously, it serves as an ideal vacation destination for those seeking a luxurious and memorable experience where over 11 million people visited in 2023. To fully appreciate the charm and potential of this property, we invite you to schedule a viewing and see this place for yourself.
Exterior Features

Architectural Style CabinLog Construction Materials FrameLog Garage YN No Patio And Porch Features Covered Pool Features Hot TubPrivate Road Frontage Type City Street Roof Composition

Interior Features

Above Grade Finished Area 1342 Appliances DishwasherElectric RangeMicrowaveRefrigeratorWasher Attic Features None Yes Basement Crawl SpaceFinished Below Grade Finished Area 832 Cooling Central AirElectricHeat Pump Cooling YN Yes Den Yes Den Level 1 Dining Room Yes Dining Room Level 1 Fireplace Features Gas Log Fireplace YN Yes Flooring Wood Game Room Yes Game Room Level B Great Room Yes Great Room Level 1 Heating CentralElectricHeat Pump Heating YN Yes Interior Features High Speed Internet Kitchen Yes Levels Three Or More Living Room Yes Living Room Level 1 Loft Yes Primary Bedroom Yes Primary Bedroom Level 1 Rooms Primary Bedroom (First Level) Bedroom 2 (Basement Level) Bedroom 3 (Basement Level) Kitchen (First Level) Dining Room (First Level) Living Room (First Level) Den (First Level) Great Room (First Level) Game Room (Basement Level) Utility Room (Basement Level) Loft (Second Level) Primary Bedroom (First Level) Bedroom 2 (Basement Level) Bedroom 3 (Basement Level) Kitchen (First Level) Dining Room (First Level) Living Room (First Level) Den (First Level) Great Room (First Level) Ga Utility Room Yes Utility Room Level B

Property Features

Accessory Dwelling Unit YN No Association Amenities ClubhousePool Association Fee 1 Association Fee Frequency Monthly Association Fee Includes Maintenance GroundsRoadsWater Association YN Yes Construction Type Site Built Home Warranty YN No Kitchen Level 1 Listing Terms CashConventional Loft Level 2 Occupancy Either Property Sub Type Single Family Residence Restrictive Covenants YN Yes Rooms Total 22 Security Features Smoke Detector(s) Sewer Public Sewer Tax Annual Amount 1093.35 Tax Year 2019 Utilities Cable AvailableWater Available Water Source Public Zoning C-4 Zoning Entity Pigeon Forge

Copyright 2024 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Realty Executives Associates Knox | Office Phone: 865-693-3232 .

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 2024-06-19T20:17:21.173.
 
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Colonial Real Estate
1380 Dolly Parton Parkway
Sevierville TN, 37862
Listing courtesy of Realty Executives Associates Knox.