$390,000
$374,900
4.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,072 SqFt
SOLD DATE : 03/31/2021
Key Details
Sold Price $390,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,072 sqft
Price per Sqft $363
Subdivision Shagbark
MLS Listing ID 240821
Sold Date 03/31/21
Style Cabin,Cottage
Bedrooms 2
Full Baths 2
HOA Fees $87/ann
HOA Y/N Yes
Abv Grd Liv Area 692
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 1972
Annual Tax Amount $341
Tax Year 2019
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Single Family Residence
Property Description
You've located the incredibly rare unicorn of a property in the Smoky Mountains. A recently updated creekfront cabin/cottage in a gated community with no steep roads and easy access to Pigeon Forge. The property is surrounded on 3 different sides by HOA common area property offering over 20 acres of privacy and buffer zone. "Creekside Cottage" offers a very tastefully updated property of rustic elements combined with shabby chic decor and characteristics. To get to the cabin you'll proceed through the security gate and take a peaceful drive along North Clearfork Creek. Along the way you'll pass the community frisbee golf course, nature trail, and other HOA community property a very short walking distance from the property. Once you arrive to the property you'll see the wide and appropriately named "Clear Fork" creek. This mountain creek offers a lot of character with rocks, free flowing clear water stream that begs you to dip your feet in and cool off/relax. This area of the property is currently under utilized in my opinion and would be prime territory for a firepit and seating area adjacent to the creek. The moment you walk inside the 2 bedroom fully updated property you'll notice the visual appeal of the rustic elements such as metal, rustic wood, and sheetrock peacefully combining together to give an updated and appealing look. The updates are throughout including bathrooms, kitchen, bedrooms, family room, lower level bunk bed area, and more! As if that wasn't enticing enough the rental history of $44,876 pure rental income for 2020 shows a strong rental history. This does not including taxes, cleaning fees, and other fees that many listings include within the MLS to inflate the gross rental income. Additionally the HOA fees offer a large bang for your buck. How many other places have tennis courts, a community pool, gated private security, frisbee golf & walking trails (within a very short walk to the property), road maintenance, and more for the low annual fee? Not any in Sevier County. To top it all off the HOA common area bordering the property for sale has some beautiful and unique rock outcroppings along the creekside. All of this within approximately 15 minutes to the Parkway in Pigeon Forge at light #3. The combination of a gated community, a rushing creek, community amenities a stone's throw from the property, and tastefully updated property nearly surrounded by HOA common area property for privacy is an INCREDIBLY rare opportunity in Sevier County. Legitimate 10'+ wide creek frontage property is highly desired and rare to come up for sale in the Smokies. Oh, and did I mention the recent addition of fiber optic AT&T internet (with optional U-Verse TV) availability within the community along with the new guard gate? Shagbark is actively making notable improvements to the community improving owner and visitor experiences!
Location
State TN
County Sevier
Zoning R-1
Direction From Pigeon Forge take Wears Valley Road (Light #3/Hwy 321). Take a right onto Waldens Creek Road. Continue to the 4 way stop at N. Clear Fork Road and turn left. Proceed through the gated entrance. Follow the main road (N. Clear Fork) past Klaver Road and you will see the property on the left (just past the frisbee golf course). Cabin name \"Creekside Cottage\".
Rooms
Other Rooms true
Basement Exterior Entry, Partial, Partially Finished, Walk-Out Access
Dining Room 1 true
Kitchen true
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet
Heating Electric, Heat Pump
Cooling Electric, Heat Pump
Flooring Wood
Fireplaces Number 1
Fireplaces Type Factory Built
Fireplace Yes
Window Features Window Treatments
Appliance Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters, Storage
Parking Features Driveway, Paved
Pool Hot Tub
Amenities Available Clubhouse, Pool, Tennis Court(s)
Waterfront Description Creek
Roof Type Composition
Street Surface Paved
Porch Deck
Road Frontage Private Road
Garage No
Building
Lot Description Level, Wooded
Foundation Combination
Sewer Septic Tank, Septic Permit On File
Water Well
Architectural Style Cabin, Cottage
Structure Type Frame,Wood Siding
Others
Security Features Gated Community,Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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