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    303 Caney Creek Rd

    Pigeon Forge, TN 37863
    • $1,599,900
    • STATUS: Active Under Contract
    • ON SITE: 26 Days
    • ID#: 245114
    Under Contract
    UPDATED: 91 min ago
    $1,599,900
    • 8
      BEDS
    • 0.8
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 3,828
      SQFT
    • $418
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2003
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Mountain Realty Group.


    Description

    Creekside Getaway is projected to finish 2021 at $230,000 in gross overnight rental income. After expenses, this gold mine represents an 11% cap rate for most investors! With nearly 4,000 sq ft of deluxe accommodations, featuring 8-bedrooms and 8-baths on the gorgeous year-round Caney Creek, this property borders the Great Smoky Mountains National Park. While it certainly feels like you're miles from the action, the cabin is just 4 minutes from the Pigeon Forge strip and 7 minutes from downtown Gatlinburg. The owners recently had all-new high-durability floors installed that complement the custom mountain furniture. This property is truly turnkey all the way down to the knives and forks. The bedrooms are outfitted to maximize occupancy, each with its own ensuite bathroom appointed with granite vanities, tiled showers, and jet tubs. 5 of the bedrooms are set up with hand-crafted king beds and natural branch futons. Three rooms feature queen bunks and the same high-quality futons. The game room comes stocked like a Dave-N-Busters with a pool table, foosball, twin driving arcade games, Big Buck Hunter, and a large screen multicade. With all of that and the open theater, your guests may never run out of things to do together during their stay. Of course, it wouldn't be a "Creekside Getaway" without Caney Creek. The back porch is just feet away from this year-round flowing gem that babbles by creating a truly serene setting. Hundreds of square feet of semi-enclosed porches, patios, gas and wood fire pits, hot tub, comfortable outside seating, and stonework all face the creek and behind it, the national park for maximum vacation privacy. It's no use sleeping so many people without the ability to feed them! This kitchen, with its stainless appliances, twin fridges, and ample seating is ready to deliver huge meals to your eager guests. They'll love the two, matching natural branch dining sets. Every detail in this cabin has been carefully considered. Exceptional care has been taken of this property, and every guest's desire has been anticipated. Whether adding it to your portfolio of properties or just beginning your short-term rental business, you'll be hard-pressed to find anything that compares in quality or revenue to 303 Caney Creek Rd.

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    Copyright 2021 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 2021-10-16T00:15:43.893.
    www.smokylistings.com/homes/121574424
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    303 Caney Creek Rd Pigeon Forge, TN 37863

    • Price: $1,599,900
    • Status: Active Under Contract
    • Updated: 91 min ago
    • ID#: 245114
    8
    Beds
    8
    Baths
    0
    ½ Baths
    0.8
    Acres
    3,828
    SQFT
    $418
    $/SQFT
    2003
    Built
    Neighborhood:
    Falling Waters
    County:
    Sevier
    Area:
    Pigeon Forge
    Property Description
    Creekside Getaway is projected to finish 2021 at $230,000 in gross overnight rental income. After expenses, this gold mine represents an 11% cap rate for most investors! With nearly 4,000 sq ft of deluxe accommodations, featuring 8-bedrooms and 8-baths on the gorgeous year-round Caney Creek, this property borders the Great Smoky Mountains National Park. While it certainly feels like you're miles from the action, the cabin is just 4 minutes from the Pigeon Forge strip and 7 minutes from downtown Gatlinburg. The owners recently had all-new high-durability floors installed that complement the custom mountain furniture. This property is truly turnkey all the way down to the knives and forks. The bedrooms are outfitted to maximize occupancy, each with its own ensuite bathroom appointed with granite vanities, tiled showers, and jet tubs. 5 of the bedrooms are set up with hand-crafted king beds and natural branch futons. Three rooms feature queen bunks and the same high-quality futons. The game room comes stocked like a Dave-N-Busters with a pool table, foosball, twin driving arcade games, Big Buck Hunter, and a large screen multicade. With all of that and the open theater, your guests may never run out of things to do together during their stay. Of course, it wouldn't be a "Creekside Getaway" without Caney Creek. The back porch is just feet away from this year-round flowing gem that babbles by creating a truly serene setting. Hundreds of square feet of semi-enclosed porches, patios, gas and wood fire pits, hot tub, comfortable outside seating, and stonework all face the creek and behind it, the national park for maximum vacation privacy. It's no use sleeping so many people without the ability to feed them! This kitchen, with its stainless appliances, twin fridges, and ample seating is ready to deliver huge meals to your eager guests. They'll love the two, matching natural branch dining sets. Every detail in this cabin has been carefully considered. Exceptional care has been taken of this property, and every guest's desire has been anticipated. Whether adding it to your portfolio of properties or just beginning your short-term rental business, you'll be hard-pressed to find anything that compares in quality or revenue to 303 Caney Creek Rd.
    Exterior Features

    Access GravelCounty Road Construction Log Exterior Features DeckLevel LotScreened PorchDouble Pane WindowsGuttersPatioPrivate Yard Foundation Crawl Space Garage Capacity 0.00 Garage Type None Roof Composition Style Cabin

    Interior Features

    Appliances DryerRefrigeratorWasherElectric RangeMicrowaveMicrowave/Range Hood ComboDishwasherSelf Clean OvenSmoke Detector Attic None Basement None Bonus Rooms No Cooling Central Electric Fireplace Electric Heating Central Interior Features FurnitureRecreation RoomCathedral CeilingLarge Master BedroomW/D ConnectionCeiling Fan(S)Great RoomHi-Speed InternetMedia RoomSolid Surface CountertopsWhirlpoolFormal Dining Number Of Rooms 18 Sq Ft Above Grade 3828 Sq Ft Finished Basement 0 Sq Ft Unfinished Basement 0 Stories Two

    Property Features

    Annual Tax 1826.00 Construction Type Site Built District 05 Financial Remarks 2021 214K BookedEstimated To Finish At 230K Hoa YN No Lot Block Unit 1 Miscellaneous Creek FrontHot TubBroadband Internet AvailableCable TvMountain View Occupancy Either Owner Financing No Proposed Financing FhaVa LoanCashConventional1031 Exchange Rental Rental History Residential Type Single Family Restrictive Covenants Yes School Bus Service Pigeon Forge High 9-12Pigeon Forge Middle 5-8Pigeon Forge Primary K-4 Sewer Community System Tax Year 2019 Water Well Zoning R-1 Zoning Entity Sevier County

    Copyright 2021 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Mountain Realty Group | Office Phone: 8659082909 .

    Copyright 2021 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 2021-10-16T00:15:43.893.
     
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    Colonial Real Estate
    Colonial Real Estate INC 1380 Dolly Parton Parkway
    Sevierville, TN, 37862
    Listing courtesy of Mountain Realty Group.