3307 Valley High Rd Sold Save Request In-Person Tour Request Virtual Tour
Sevierville,TN 37862
Key Details
Sold Price $1,100,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $261
Subdivision Valley Home Estates
MLS Listing ID 1223314
Style Cabin
Bedrooms 5
Full Baths 3
Year Built 1995
Lot Size 1.250 Acres
Property Sub-Type Residential
Property Description
This is an exceptional opportunity to acquire a profitable rental property located in a highly desirable vacation destination. The property boasts a unique feature, allowing it to be rented as either a 5-bedroom or a 3-bedroom and 2-bedroom configuration, thereby catering to various group sizes. Furthermore, it comprises two rentals on a single plot, providing a potential source of additional income.
We have secured a guarantee of $170,000 in gross revenue from a reputable local property management firm at an 80/20 revenue sharing arrangement. The primary residence is well-appointed with three bedrooms and two bathrooms, complemented by a game room and theater room. The guest house includes two bedrooms and one bathroom, a capacious living area, and an adjacent game room. Additionally, the property offers captivating views of Cove Mountain from every angle.
We have matterports of all three buildings, but our system will only let us upload one. Please reach out if you'd like to see a virtual walkthrough of each building.
Location
State TN
County Sevier County - 27
Area 1.25
Rooms
Other Rooms Mstr Bedroom Main Level
Interior
Heating Central,Propane,Electric
Cooling Central Cooling
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type Gas Log
Exterior
Exterior Feature Deck
Parking Features Main Level,Off-Street Parking
Garage Description Main Level, Off-Street Parking
View Mountain View
Building
Lot Description Rolling Slope
Sewer Septic Tank
Water Well
Structure Type Log
Schools
Middle Schools Pigeon Forge
High Schools Pigeon Forge