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$649,900 For Sale

1616 Mountain Lodge Way
Pigeon Forge, TN 37862

3 beds, 2 baths | Single Family Home
2,088 sq ft; lot: 0.51 acres - MLS# 579402
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Description

Unbelievable investment opportunity! How would you like to own your own Exquisite Genuine Log Home and also the Resort Pool, Cabana/Clubhouse in Pigeon Forge, Tennessee? This 3 Bedroom / 2 Bath log home is situated as the first cabin upon entrance into Covered Bridge Resort which is located on the Wears Valley side of Pigeon Forge. This beautiful cabin includes private balconies off of each bedroom, gorgeous Log furniture, Hot Tub, Gas Grill, Stainless appliances, Level parking, all interior furnishings, etc. Covered Bridge Resort leases the pool/cabana at $18,300 / year and 2017 Cabin NET Rental Income was $32,200 for a Total NET of $50,500 (owner's current rates are much lower than anyone in the area, so rental income potential would be much higher for new owner at area rates). This cabin currently sleeps 15, so large and extended families love it! Walk outside your cabin to your deeded pool/cabana or splash in the pool at your leisure while the cabin is rented because it's yours! Located close to all the area attractions including Parkway shopping, Dollywood and the Great Smoky Mountain National Park - Tennessee's #1 Tourist area.

Features

  • Property Type: Single Family Home
  • Sub Type: Single Family
  • Listing Status: Active
  • County/Area: Sevier County
  • Zip Code: 37862
  • Year Built: 2004
  • Sq.Ft.: 2,088 sq ft
  • Style: 2 Story
  • Stories: Two Story
  • Bedrooms: 3
  • Full Baths: 2
  • Fireplace: One
  • Lot Size: 0.51 acres
  • Baths: 2
  • Pool or Spa: Pool
  • Appliances: Dishwasher, Dryer, Dry/Connection, Electric Smooth Top, Microwave, Refrigerator, Washer, Wash/Connection
  • Back: Irr
  • Basement/Foundation: Crawl Space
  • Civil District: 16
  • Cooling: Central, Electric
  • Driveway: Concrete
  • Exterior Amenities: Fenced, Pool-In Ground
  • Exterior Materials: Log
  • Flooring: Hardwood, Tile
  • Front: Irr
  • Heating: Central, Electric
  • Interior Amenities: Cathedral/Vaulted Ceiling, Ceiling Fan, Smoke Detector
  • Internet Available: Cable
  • Laundry: Closet
  • Left: Irr
  • Master Bedroom Level: Main
  • Porch/Patio/Deck: Covered Deck, Porch Covered
  • Right: Irr
  • Roof: Shingle
  • Sewer: Public Sewer
  • Sqft Main: 1100
  • Sqft Up: 988
  • Terrain: Level, Rolling
  • Water Heater: Electric
  • Water Supply: Public Water
  • Window Treatment: All
Courtesy of Crye-Leike Lakeway Real Estate
We specialize in working with Home Sellers in getting their homes listed and sold. We utilize the latest and most up to date marketing materials in assuring the job gets done quickly and with the least amount of hassle. Our homes are listed on over 32 different Real Estate web sites including realtor.com, yahoo.com, trulia.com and many others. Each office independently owned and operated.
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The Elkins Home Selling Team
Elite Realty Group
442 E Economy
Morristown, TN 37814
Phone: 423-307-8566
Email: theelkinsteam@gmail.com
Norma Cell: 423-748-3791
Dave Cell: 423-277-1096
Siobhan Cell: 423-736-7143
Mitchell Cell: 423-736-4970
Licensed in TN
Equal Housing Opportunity

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We specialize in working with Home Sellers in getting their homes listed and sold. We utilize the latest and most up to date marketing materials in assuring the job gets done quickly and with the least amount of hassle. Our homes are listed on over 32 different Real Estate web sites including realtor.com, yahoo.com, trulia.com and many others. Each office independently owned and operated.