Address
2705 Dayne Drive Sevierville, TN
Price
$ 689,900
Property Attributes
  • MLS#231543
  • TypePending
  • CountySEVIER
  • CitySevierville
  • AreaPigeon Forge
  • NeighborhoodLafollette Landing
  • Zip37876
  • StyleLog,Cabin
  • Year Built2008
  • Taxes967
  • Price$ 689,900
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage2133
  • Lot Size0.57 Acres
Listing Provided Courtesy Of:
Smoky Mountain Real Estate Corporation
Property Description

Incredible investment opportunity to purchase a cabin with a Gunite indoor pool, theater system, fire pit, incredible rental income and occupancy, and easy access location to Pigeon Forge (7 minutes to Parkway) and backroads to avoid traffic. "Skinny Dipping" is a consistent producer of huge rental numbers for a one bedroom cabin. In 2020 as of listing the gross rental income (not including taxes or cleaning fees - only pure rental revenue) is $92,487 with 316 nights rented. In 2019 the cabin grossed $86,001 with 310 nights booked and in 2018 produced $91,897 in gross rental income with 298 nights rented. The gross rental multiplier ratio for 2020 of listing price at 7.46x gross rental income is considerably better than the average cabin sold in 2020. And this gross rental income doesn't include taxes, cleaning fees, and other fees as many other gross rental figures do, creating an even more attractive ratio and great profitability. Outside the cabin you'll enjoy the rear porch with hot tub, outdoor fire pit in the rear area of the property, and a small patio off the pool room to sit and relax. Inside the cabin the main level really shines with the vaulted ceiling including exposed 4x8 rafters, two stone fireplaces, large kitchen (for a 1 bedroom cabin), plenty of eating space, a large master bedroom with private fireplace and ensuite bath, and a cozy family room area with stone fireplace. Upstairs is the game room loft area with a pool table and log futon for additional sleeping capacity. Downstairs is what makes the cabin stand out and perform exceptionally well. The entire lower level area is a pool room (with half bath/laundry). It features an approximate 10x14 Gunite heated swimming pool, massive theater screen with projector, ample seating, and doors to access the patio off the pool area. A high end efficiency pool heat pump heats the pool in conjunction with a traditional spa pack type heater in exceptionally cold weather. Associated docs have rental/expense

Price History
12/14/2020 Listed $689,900

General Features

Appliances Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Smoke Detector, Washer
Construction Log, Log Look
Cooling Central Electric, Electric H/P, Window Unit
Exterior Features Deck, Double Window, Gutters, Level Lot, Private Yard, Surfaced Drive, Wooded
Fireplaces Woodburning, 2
Full Baths 1
Half Baths 1
Heating Central, Electric H/P
Miscellaneous Cable TV, Hot Tub, Pool, Private, Broadband Internet Avail
Occupancy Either
Restrictive Covenants Yes
Roof Metal
Sewer Septic, Septic Permit on File
Status Active
Style Log, Cabin
Type Single Family
Water Utility
Zoning R-1

Interior Features

Basement Finished All
Interior Features Cathedral Ceiling, Ceiling Fan(s), Furniture, Great Room, Loft, Media Room, Private Pool, Recreation Room, W/D Connection, Whirlpool, Window Treatment, Wood Floors, High Speed Internet, Solid Surface Counter Top

Exterior Features

Latitude 35.793991
Longitude -83.622775
Construction Type Site Built
Foundation Slab
Lot Size Area 0.57

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 37876

Price
AVG $390K
$690K
Taxes
AVG $799
$967
Year Built
AVG 2004
2008

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