Source: Great Smoky Mountains Association of Realtors #302413

1325 Harmony Way, Sevierville, TN, 37876

$1,295,000

3
4
3555 sq. ft.
123274.8 sq. ft.

SingleFam

9 days on the market

Sold: Sep 30, 2024

What's around 1325 Harmony Way

About this property

This 2023 built luxury cabin has a huge/open floorpan with over-sized bedrooms, large closets, soaring vaulted ceilings on the main level, and a huge entertainment space in the basement which is large enough for ALL of the guests to hang out and enjoy! Not to mention the super fun bunk area that kids will RAVE over:). Tons of deck space outside and a beautiful fire pit hang out area on the side of the cabin. Very low maintenance build with high end vinyl cedar shake siding, trex decking, and powder coated aluminum hand railings. The only exterior wood is the framing for the decks so, no need to re stain every few years like most other cabins. There's flat paved parking for 4+ vehicles out front and has even an EV charger. **Great income potential!! Rental projections from Avada Properties between $129, 000-$163, 000 (low-high range). Active short term rental and is currently self managed by the owner. On a 3bdr septic system but, truly has 4 private King rooms+the bunk area with 4 twins in the basement. Rents/functions as a 5 bdr-sleep 12 (in beds) on Airbnb. The 4th bdr was finished out after the build was completed. Square footage on tax records do not reflect. Floor plans from measure house show 3, 555 sqft as the total finished/heated & cooled area for the entire property and is situated on a secluded 2.83 acre lot. The basement bathroom, previously a half bath, had the stand up shower added after completion. This home now has 3 full baths (one on each level) plus a half bath on the main. The current owner has spent well over $100, 000 finishing out and making improvements to the property since purchased. Designed with high end furnishings, being sold 100% turn-key and ready to rent! Also, to justify the projections from Avada, an identical cabin (1313 Harmony Way) next door sold on 5/28/24 and it had over $104k income on the books for 2024 at the time of the sale (5/28/24) with 160 nights rented, at a $650 ADR. 177 bookable days were still left through end of the year. It was on pace to pay out $160, 000+ for 2024 by year end. Schedule your showing for this unique luxury cabin TODAY!!!

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