1479 Licking Spring Way, Unit 6
1479 Licking Spring Way, Unit 6
Sevierville, TN 37876
$400,000
Price
1
Beds
1
Bath
650 Sq. Ft.
$615 / Sq. Ft.
650
Sq. Ft.
$615
per Sq. Ft.
Description
New Construction - Introducing an ideal short-term rental investment that caters to both first-time investors and seasoned pros alike. With a projected annual rental income of $50K per cabin, this property promises lucrative returns and low entry barriers, making it an attractive option for investors of all levels. With six charming cabins nestled in this picturesque subdivision, you have the option to purchase a single cabin or seize the opportunity to acquire all six, each offering its own distinctive...New Construction - Introducing an ideal short-term rental investment that caters to both first-time investors and seasoned pros alike. With a projected annual rental income of $50K per cabin, this property promises lucrative returns and low entry barriers, making it an attractive option for investors of all levels. With six charming cabins nestled in this picturesque subdivision, you have the option to purchase a single cabin or seize the opportunity to acquire all six, each offering its own distinctive charm and appeal with a lucrative opportunity to capitalize on the growing demand for a getaway in the Great Smoky Mountains area. Situated in a prime location with high demand for short-term rentals, this property offers the perfect balance of affordability and income potential. Step inside to discover a cozy living space adorned with the perfect blend of modern luxury and rustic charm. The open floor plan creates an inviting atmosphere for creating unforgettable memories. The well-appointed kitchen boasts stainless steel appliances, ample counter space, a kitchen island and stunning views of the surrounding landscape. Outside, a spacious deck provides the perfect spot for al fresco dining, morning coffee, or simply soaking up the sun. After a day of outdoor adventures, unwind in the comfortable living area or gather around the fireplace for cozy evenings indoors. Surrounded by lush forest, you'll feel a world away from the stresses of everyday life. Perfectly located minutes away from Gatlinburg, Pigeon Forge, the Great Smoky Mountains and all the area's renowned attractions and dining experiences. This cabin is perfectly suited for short-term rental investment, vacation home or a romantic getaway. Whether you're looking to generate passive income or create your own mountain retreat, this short-term rental cabin is an investment opportunity not to be missed. Alternatively, investing in all six cabins presents a compelling opportunity for savvy entrepreneurs looking to maximize their returns. Note, each cabin in the subdivision is listed separately.
- Listed by Marleyn S Garcia • United Real Estate Solutions
Property Details for 1479 Licking Spring Way, Unit 6
Architectural Style
Craftsman, Cabin
Sub division NameLICKLOG HOLLOW MINI RESUB
ViewCountry Setting, Wooded
Style CabinTrue
Style CraftsmanTrue
Location
Listing Courtesy of United Real Estate Solutions, Marleyn S Garcia
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LISTING UPDATED: 05/01/2024 12:10 AM
Property Details for 1479 Licking Spring Way, Unit 6
| Status | Active |
|---|---|
| MLS # | 1255573 |
| Days on Market | 52 |
| Taxes | $124 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Single Family / Residential |
| Year Built | 2024 |
| Lot Size | 0.01 AC / 435 SF |
| County | Sevier County |
Location
Listing Courtesy of United Real Estate Solutions, Marleyn S Garcia
Add your commute
Building Information for 1479 Licking Spring Way, Unit 6
Stories-Year Built2024Building Size-Lot Size0.01 AC / 435 SF
Payment Calculator
$2,193 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,183
Property Taxes
$10
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1479 Licking Spring Way, Unit 6
Summary
Location and General Information
- City: Sevierville
- County Or Parish: Sevier County - 27
- Directions: From Downtown Sevierville Head toward Court Ave on Commerce St. Go for 233 ft. Then 0.04 miles Turn left onto Court Ave. Go for 358 ft. Then 0.07 miles Turn right onto E Main St (US-411). Go for 4.0 mi. Turn right onto Long Springs Rd (TN-339). Go for 0.7 mi. Continue on Old Newport Hwy (TN-339). Go for 1.3 mi. Turn right onto Jones Cove Rd (TN-339). Go for 3.4 mi. Turn right onto Licklog Hollow Rd. Go for 0.6 mi. 1467 Licking Spring Way Sevierville, TN 37876-6373
- Latitude: 35.84094
- Longitude: -83.430167
- MLS Area Major: Sevier County - 27
- MLS Area Minor: Sevier County - 27
- Postal Code: 37876
- State Or Province: TN
- Unit Number: Unit 6
- View Country Setting: True
- View Wooded: True
- Location Tax Legal Info Unit Number: Unit 6
- Location Tax Legal Info Area: Sevier County - 27
- Remarks Misc Directions: From Downtown Sevierville Head toward Court Ave on Commerce St. Go for 233 ft. Then 0.04 miles Turn left onto Court Ave. Go for 358 ft. Then 0.07 miles Turn right onto E Main St (US-411). Go for 4.0 mi. Turn right onto Long Springs Rd (TN-339). Go for 0.7 mi. Continue on Old Newport Hwy (TN-339). Go for 1.3 mi. Turn right onto Jones Cove Rd (TN-339). Go for 3.4 mi. Turn right onto Licklog Hollow Rd. Go for 0.6 mi. 1467 Licking Spring Way Sevierville, TN 37876-6373
Parking
- Attached Garage: No
- Parking Features: Designated Parking
- Atchd Dtchd Type Detached: True
- Garage Parking Designated Parking: True
Taxes and HOA Information
- Association Fee: 0.0
- Association Fee Includes: Grounds Maintenance
- Association: true
- Parcel Number: 064O B 013.00
- Association Fee Incl Grounds Maintenance: True
- Location Tax Legal Info Total Tax: 123.58
- General Property Description HOA: Mandatory
Virtual Tour
- Virtual Tours Count: 0
Property
Lot Information
- Lot Size Area: 0.01
- Lot Size Units: Acres
- Lot Size Square Feet: 435.6
- Year Built: 2024
- Lot Features: Private, Wooded
- Building Area Total: 650.0
- Living Area Source: Plans
- Lot Size Acres: 0.01
- Lot Size Source: Survey
- General Property Description SqFt - Main Lvl: 650.0
- General Property Description SqFt - Down Lvl: 0.0
- General Property Description SqFt - 2nd Flr Lvl: 0.0
- General Property Description SqFt - 3rd Flr Lvl: 0.0
- General Property Description SqFt - Source: Plans
- General Property Description Acres: 0.01
- General Property Description Acre Source: Survey
- General Property Description Site Built: Yes
- General Property Description New Construction: Under Construction
- Lot Description Private: True
- Lot Description Wooded: True
Property and Assessments
- Possession: At Closing
- Sign On Property: Yes
- Property Attached: No
- Property Type Label: Single Family
- Floor Plans Count: 0
- Property Type: Single Family
- Property Sub Type: Residential
- Possession At Closing: True
Utilities
- General Property Description Sewer: Septic Tank
- Fuel Electric: True
- Misc Features Wired for DSL: True
- Misc Features Wired for Internet: True
- Sewer Septic Tank: True
- Water Shared Well: True
Interior and Exterior Features
Exterior Features
- Exterior Features: Deck, Balcony
- Construction Materials: Fiber Cement, Frame
- Siding Fiber Cement: True
- Exterior Features Balcony: True
- Exterior Features Deck: True
Interior Features
- Beds Total: 1
- Baths Full: 1
- Baths Half: 0
- Fireplaces Total: 1
- Fireplace: Yes
- Bathrooms Total Integer: 1
- Cooling Details: Yes
- Kitchen Appliances: Dishwasher, Dryer, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
- Fireplace Features: Electric
- Flooring: Laminate, Tile
- Heating: Yes
- Fireplace Electric: True
- Cooling Ceiling Fan(s): True
- Cooling Wall Cooling: True
- Floors Laminate: True
- Floors Tile: True
- Basement Crawl Space: True
- Basement Outside Entr Only: True
- General Property Description Number of Bedrooms: 1
- General Property Description Number of Rooms: 4
- General Property Description Fireplace: Yes
- General Property Description Number of Fireplace: 1.0
- General Property Description Basement: No
- General Property Description Bonus Room: No
- General Property Description Extra Storage: No
- Heat Forced Air: True
- Heat - Heat Pump: True
- Dining Area Eat-in Kitchen: True
- Dining Area KitchenDining Rm Co: True
- Appliances Dishwasher: True
- Appliances Dryer: True
- Appliances Microwave: True
- Appliances Range: True
- Appliances Refrigerator: True
- Appliances Self Cleaning Oven: True
- Appliances Smoke Detector: True
- Appliances Washer: True
- Other Rooms Mstr Bdrm Main Level: True
- Misc Features Cathedral Ceiling: True
- Misc Features Island in Kitchen: True
- Misc Features Walk-in Shower: True
- Misc Features WasherDryer Connect: True
Room Information
Room
- Rooms Total: 4
Rental
Rent Information
- Contract Info Occupancy: Either
- General Property Description Restrictions: Yes
- Tenant Expenses Cooling: Wall Cooling,Ceiling Fan(s)
- Tenant Expenses Heating: Forced Air,Heat Pump,Electric
Property History for 1479 Licking Spring Way, Unit 6
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1479 Licking Spring Way, Unit 6
This home is within Sevier County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 6 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
New Center Elementary PublicK to 8 | ||
Sevier County High School Public9 to 12 | ||
Catons Chapel Elementary School PublicPK to 6 | ||
Greenbrier Alternative Learning Center Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of United Real Estate Solutions, Marleyn S Garcia
The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 05/01/2024 12:10 AM