2435 HICKORY KNOLL Way, Sevierville, TN 37862

Property Description

Gross Rental Income for 2022 was $131,000+ in just 9 months! $70,000+ already in the bank for the first half of 2023, with an additional $30,000+ (and counting) in reservations for the 2nd half of 2023. Ask your realtor for rental statements and occupancy charts attached to the MLS documents. Perhaps the best way to prove how much guests love this SECLUDED cabin are the 73 combined reviews from AirBNB and VRBO with a PERFECT 5 STAR RATING! The owners of this secluded getaway have meticulously maintained and updated this huge 4BR cabin. This includes UPGRADES OF $150,000+ (hot tub, generator, new appliances, new furniture, new HVAC, etc, detailed list available). This is a genuine log cabin with 4150sqft of heated/cooled space, on 4.88 acres of peaceful seclusion at The Homestead in Wears Valley subdivision. It even has its own PRIVATE 500ft HIKING TRAIL along a ridgeline leading to GORGEOUS WATERFALLS! Even though the property is secluded, have no worries about power blackouts, because this peaceful retreat has its own WHOLE HOUSE 26KW AUTO START GENERATOR. Be the beacon of light in the neighborhood who actually has heat and wifi on those cold winter nights, and potentially get a higher nightly rate for it, because this beauty provides peace of mind that will set you apart from the other secluded cabins without a backup generator. This cabin will come virtually turnkey. Sellers have self-managed the entire time under ownership, and will handover contact info for their cleaners, handymen and all other contractors/resources who have served as their boots on the ground and helped them along the way. If new owners want to keep rental reservations in place, the current owners are willing to work with buyers to help with those transfers. Cabin currently has an UNFINISHED BASEMENT, but it is heated and cooled by HVAC, which can be converted into a finished basement ~1596sqft. Sevier County Health Dept has approved the construction of a 6BR septic system for the property if an investor wants to add additional bedrooms, square footage, etc., with additional work to the current septic system. Foundation walls are also poured concrete which is a rare upgrade. Approved plans for finished basement and general contractor info can be given if requested. Being on such a large parcel, new owners have the potential to add numerous outdoor amenities (with HOA approval). Some drone photography used in listing photos.