4314 Carolina Cove WAY Active Save Request In-Person Tour Request Virtual Tour
Pigeon Forge,TN 37863
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,051 sqft
Price per Sqft $1,065
Subdivision Serenity Cove Unit 2
MLS Listing ID 1311792
Year Built 2008
Lot Size 2.240 Acres
Property Description
$373,000+ combined gross income from Sept. 2024 to Aug. 2025 in this short term rental package comprising two cream of the crop cabins. Seller offering $25,000 buydown credit! Medium STR cabin located in the coveted Chalet Village where bookings continue through winter months. One-of-a-kind large STR cabin in Pigeon Forge with its own extremely rare outdoor swimming pool and real Canadian logs. Larger parties book these cabins months in advance. Turnkey for investors as the best Smokies property manager, in Seller's opinion, is willing to continue managing these top producing STR cabins for new owners though buyers are free to choose their own PM or self-manage. Close the deal in 2025 to capture bonus depreciation for self-managing buyers. Seller will help buyers with seamless transition including referrals for property manager and cost segregation analyst to capture bonus depreciation, transfer of VRBO reviews and ratings to buyer: 9.6 on large cabin (https://www.vrbo.com/3973745), and 10.0 on medium cabin (https://www.vrbo.com/4005922) .
Location
State TN
County Sevier County - 27
Area 97574.0
Rooms
Other Rooms 2nd Rec Room
Interior
Heating Heat Pump,Central,Natural Gas
Cooling Central Cooling,Ceiling Fan(s)
Flooring Laminate,Hardwood,Carpet,Vinyl,Tile
Exterior
Exterior Feature Balcony
Parking Features Off-Street Parking,On Premise Parking
Garage Description Off-Street Parking, On Premise Parking
Roof Type Metal, Shingle
Building
Structure Type Log,Block,Frame,Other
Others
Acceptable Financing Other,New Loan,Cash,Conventional
Listing Terms Other,New Loan,Cash,Conventional