HOT EMERALD SPRINGS SEVIERVILLE, TN 37862

Features

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

SELLER FINANCING AVAILABLE! This lot presents a unique opportunity with a build-to-suit option available, complete with ready plans and a local builder lined up. Ben Vaughn from Vaughn Construction Services stands ready to bring your vision to life. Before the wildfire in March of 2022, this lot was home to a charming 3-bedroom cabin that boasted a steady income of $150k annually. Its allure stemmed significantly from the breathtaking mountain views, which consistently attracted guests year after year. Nestled in the highly sought-after community of Shagbark, a 24/7 guard-gated resort tailored for short-term rentals, guests receive a map to the cabin upon arrival. Shagbark offers an array of amenities including a seasonal pool, tennis and basketball courts, fitness trails within a park, a dog park, community center, playground, frisbee golf, picnic tables, and a pavilion. Ideally situated just 8 miles from Pigeon Forge and 15 miles from Gatlinburg, this locale ensures easy access to popular attractions. Transform this lot into the next top-performing short-term rental cabin, ensuring a solid investment for years ahead. Seller is offering financing with terms of 50% down, 12% rate with a 2 year term. Note that the lot is to be sold ''As-Is'', requiring the buyer to conduct due diligence on existing infrastructure such as the septic system, well, foundation, and more.

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