2336 WATERFALL WAY PIGEON FORGE, TN 37863

Features

• Price/sqft: $326
• Lot Size: 43560 sq. ft.
• Total Units: 1
• Total Rooms: 14
• Room List: 3 Bedrooms, 3 Full Baths, Den, Dining Room, Game Room, Great Room, Kitchen, Living Room, Loft, Utility
• Stories: 200
• Roof Type: Composition Shingle
• Heating: Central Furnace,Fireplace,Heat Pump

Facts

• Year Built: 01/01/2003
• Property ID: 862097952
• MLS Number: 268651
• Parcel Number: 083B-D-001.00-012
• Property Type: Commercial
• County: Sevier
• Legal Description: ALPINE MTN VILLAGE PH1 PB 34 PG 32 LOT 12 PHASE 1
• Zoning: C-4
• Exterior Features: Log
• Listing Status: Active
• Neighborhood: Pigeon Forge

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.