Bought with Krista DeCarmine
$1,525,000
$1,500,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
5145 East Pkwy Cosby, TN 37722
6 Beds
6 Baths
3,600 SqFt
Key Details
Sold Price $1,525,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $423
MLS Listing ID 3015921
Bedrooms 6
Full Baths 6
Year Built 2024
Annual Tax Amount $215
Lot Size 6.080 Acres
Property Sub-Type Single Family Residence
Property Description
*UPDATE* Seller is super motivated due to unforeseen circumstances. Don't sleep on this one, bring us an offer today! - Discover a remarkable investment opportunity in the stunning Smoky Mountains with this expansive 6+ acre property that combines natural beauty, privacy, and excellent income potential. Situated adjacent to the National Forest, this parcel offers unparalleled seclusion and a true mountain retreat experience, making it an ideal location for both short-term rentals and future development.
The property features six fully furnished, modern-style cabins that are currently operating within a rental program, providing immediate income and a strong foundation for your investment portfolio. Each cabin has been thoughtfully designed and meticulously built, showcasing quality craftsmanship and contemporary amenities that appeal to a wide range of guests seeking a peaceful getaway in the mountains.
Beyond the existing cabins, the property boasts significant development potential. There are three ready-to-build lots on the lower portion of the land, already cleared and prepared for construction, offering flexibility for expanding your rental offerings or creating a custom estate. Additionally, the upper level of the property, boasting amazing mountain views, is already permitted for the construction of up to a four-bedroom cabin, providing a perfect opportunity to tailor the space to your vision or increase rental capacity.
This property isn't just a collection of rental cabins—it's a carefully curated mountain retreat designed to maximize privacy, comfort, and revenue. Whether you're looking to expand your rental business, build a private mountain sanctuary, or both, this property offers endless possibilities. The natural surroundings, combined with easy access and well-planned development infrastructure, make this a unique chance to own a slice of the Smoky Mountains that promises both beauty and substantial returns.
Location
State TN
County Sevier County
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s)
Flooring Wood
Fireplaces Number 6
Exterior
Utilities Available Electricity Available, Water Available
View Y/N true
View Mountain(s)
Building
Lot Description Private, Wooded
Sewer Septic Tank
Water Public
Structure Type Frame
New Construction false
Others
Special Listing Condition Standard
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