For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $525,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $390
Subdivision Grants Landing
MLS Listing ID 244727
Sold Date 10/22/21
Style Cottage
Bedrooms 1
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 672
Year Built 1999
Annual Tax Amount $609
Tax Year 2019
Lot Size 2.090 Acres
Acres 2.09
Property Sub-Type Single Family Residence
Source Great Smoky Mountains Association of REALTORS®
Property Description
Rare opportunity to acquire a turnkey lakefront property with 2+ acres on the southwest corner of Douglas Lake close to Parkway. Short term rental income projections: 39k-55k. Property features approx 200+ feet of water frontage, a small dock for your boat & jet skis, and a public boat ramp just short drive from the property. This two level home has two decks to kick back and soak in the lakefront views, as well as a fire pit and covered pavilion at the front of the home for large gatherings. Parking for 10+ cars. Short drive to Parkway and all the Smoky Mountain tourist attractions to maximize both privacy and short term rental demand. Currently on a rental program. Drone photography used in some listing photos.
Location
State TN
County Sevier
Zoning R-1
Direction GPS FRIENDLY! From Sevierville, take Hwy 411 East which turns into Newport Hwy. Left on Red Bud Lane and follow for approx 3 miles. Turn right onto gravel road with shared driveway between 924 & 930 Red Bud. Gravel road diverges, take left fork up slight incline, you'll see the double deck on 930 Red Bud and park at carport. Keypad will be to left of door. Entry by carport door only.
Rooms
Basement Basement, Exterior Entry, Finished, Walk-Out Access
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet
Heating Central, Electric, Heat Pump, Propane
Cooling Central Air, Electric, Heat Pump
Flooring Wood
Furnishings Furnished
Fireplace No
Appliance Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Water Purifier
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Dock, Rain Gutters, Storage
Parking Features Attached Carport, Driveway, Private
Pool Hot Tub
Utilities Available Cable Available
Waterfront Description Lake Front
View Y/N Yes
View Lake, Mountain(s), Seasonal
Roof Type Composition
Street Surface Gravel,Paved
Porch Deck, Patio
Road Frontage County Road, Private Road
Building
Lot Description Private, Water Amenity, Wooded
Foundation Slab
Sewer Septic Tank, Septic Permit On File
Water Well
Architectural Style Cottage
Structure Type Block,Frame,Wood Siding
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP