2229 Lones Branch Ln, Sevierville, TN 37876

$575,000
1
BD
2
BA
1,376
SqFt
List Price
$575,000
Status
PENDING-CONTINUE TO SHOW
MLS#
255517
Bedrooms
1
Full-baths
2
Sq. Ft
1,376
Acres
1.02
Year Built
1996
Subdivision
Panther Knob

Property Description

**Multiple Offers - Highest and best due by 5pm on Wednesday 1/25/23 with a time limit of offer at noon on Thursday 1/26/23. This property is a moneymaker! Great investment opportunity with no HOA and minimal overhead. This property consistently generates returns at 14-17% based on the gross income:list price. These are great numbers and hard to achieve in todays market. Property does amazing on AirBnb with almost 200 reviews. The cabin sits on just over an acre of usable land. The outdoor area has a great putt putt golf course that guest love, horseshoes, and a fire-pit to sit around on a cool night. The property features 1 bedroom and 2 full baths. The main level offers a full kitchen with granite counter tops, living room with stacked stone gas fireplace, Coffee table/foosball combo, sit-down multicade game system, and the bedroom and full bath. The upstairs area offers a pool table, trundle bed that provides two twin mattresses, flat screen TV, and full bathroom. The outdoor deck space features the covered hottub area, flat screen TV, and additional seating. This property generates 90-100k in gross rents for both 2021 and 2022 and has a great following.

Additional Information

Price Per Sqft
$417
Days on Market
7
Annual Tax
915.75
Tax Year
2022
Style
Cabin, Log
Stories
One & Half
Interior Features
Ceiling Fan(s), Furniture, High Speed Internet, Large Primary Bedroom, Loft, Solid Surface Countertops, W/D Connection, Whirlpool, Window Treatment, Wood Floors
Exterior Features
Gutters, Outbuilding, Private Yard, Storage, Surfaced Drive, Wooded
Amenities
Broadband Internet Available, Cable TV, Hot Tub, Private
Appliances
Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Satellite TV-Leased, Smoke Detector, Washer, Water Filter, Water Softener Owned
Foundation
Crawl Space
Construction
Block, Log, Log Siding, Stone
Construction Type
Site Built
Roof
Metal
Fireplace Type
Gas Log, One
Heating
Electric, Heat Pump
Cooling
Electric, Heat Pump
Sewer
Septic System, Septic Permit Not Found
Water
Well

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Prime Mountain Properties.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2023 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .