Pigeon Forge, TN 37863,4314 Carolina Cove WAY
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Pigeon Forge, TN 37863,4314 Carolina Cove WAY
Pigeon Forge, TN 37863,4314 Carolina Cove WAY
Pigeon Forge, TN 37863,4314 Carolina Cove WAY
Pigeon Forge, TN 37863,4314 Carolina Cove WAY
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$ 3,250,000
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Price Dropped by $620K

4314 Carolina Cove WAY Pigeon Forge, TN 37863

3,051 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,051 sqft

Price per Sqft $1,065

Subdivision Serenity Cove Unit 2

MLS Listing ID 1311792

Year Built 2008

Lot Size 2.240 Acres

Acres 2.24

Lot Dimensions 2.24 acres

Source East Tennessee REALTORS® MLS

Property Description

$373,000+ combined gross income from Sept. 2024 to Aug. 2025 in this short term rental package comprising two cream of the crop cabins. Seller offering $25,000 buydown credit! Medium STR cabin located in the coveted Chalet Village where bookings continue through winter months. One-of-a-kind large STR cabin in Pigeon Forge with its own extremely rare outdoor swimming pool and real Canadian logs. Larger parties book these cabins months in advance. Turnkey for investors as the best Smokies property manager, in Seller's opinion, is willing to continue managing these top producing STR cabins for new owners though buyers are free to choose their own PM or self-manage. Close the deal in 2025 to capture bonus depreciation for self-managing buyers. Seller will help buyers with seamless transition including referrals for property manager and cost segregation analyst to capture bonus depreciation, transfer of VRBO reviews and ratings to buyer: 9.6 on large cabin (https://www.vrbo.com/3973745), and 10.0 on medium cabin (https://www.vrbo.com/4005922) .

Location

State TN

County Sevier County - 27

Area 97574.0

Rooms

Other Rooms 2nd Rec Room

Interior

Interior Features Cathedral Ceiling(s)

Heating Heat Pump, Central, Natural Gas

Cooling Central Cooling, Ceiling Fan(s)

Flooring Laminate, Hardwood, Carpet, Vinyl, Tile

Furnishings true

Window Features Windows - Storm,Windows - Insulated

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Other

Heat Source Heat Pump, Central, Natural Gas

Exterior

Exterior Feature Balcony

Parking Features Off-Street Parking, On Premise Parking

Garage Description Off-Street Parking, On Premise Parking

Roof Type Metal, Shingle

Porch true

Garage No

Building

Faces Turn right at Light 10 on Parkway, Conner Heights Rd becomes Mill Creek Rd. Left at horse ranch to stay on Mill Creek Rd. Left on Carolina Cove Way. 2nd driveway on Right.

Structure Type Log,Block,Frame,Other

Others

Tax ID 115F A 002.00

Energy Description Gas(Natural)

Acceptable Financing Other, New Loan, Cash, Conventional

Listing Terms Other, New Loan, Cash, Conventional


Listed by Epique Realty
Cindy Kraus

Cindy Kraus

Broker | Owner | License ID: 328053

+1(865) 776-0577

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4314 Carolina Cove WAY