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Mike and Deborah Korlin
Mike and Deborah Korlin
License # 293982
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CENTURY 21 MVP

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2520 Mountain Holly Way
Sevierville, TN 37862
MLS# 248192 ID: 75116555
4 BR • 5 BA • 3024 sq.ft.
$1,950,000
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Property Description
Owner agent JUST FELL... THROUGH VIA BUYER'S FINANCING / Views! Location! Style! Indoor heated swimming pool! This cabin has it all! Located in the private and prestigious gated community of Waldens Ridge this mountain home is just 12 minutes from the Pigeon Forge Parkway. Floor to ceiling wall of glass features gorgeous mountain views from the living, dining, kitchen, and loft areas. A mix of rustic, industrial, and modern finishes adorn this home and pair nicely with the multi tone stained tongue and groove interior. Custom Midnight colored with rustic finish KrafMaid soft close cabinets are the focal point of the kitchen. Perched at the highest point of the subdivision this home offers stunning views of the Waldens Creek area, Bluff Mountain, and parts of the Chilhowee Ridge line. Sunsets are front and center from the back deck every evening. The indoor heated swimming pool is salt water and an industrial dehumidifier was just installed. The pool also features an auto fill system that drains the dehumidifier back into the pool. Pool heater was replaced DEC 2021. Floor plan layout is generous with the main floor featuring 2 suits with connected bathrooms, the upstairs has a generous primary suite with double vanities, walk-in double shower, and cathedral ceilings. The basement is all play with a dedicated bunk room, theater, mini arcade, and a full bath adjacent to the indoor pool. Spacious back decks offer plenty of room to enjoy the mountain scenery. An overnight rental powerhouse this home produced $152k in 2020 (June-Dec), $224k in 2021, and has done/has on the books $151k for 2022 (fall and 2nd half of the year holidays). Based on 2021 gross numbers, 20% down payment @ 4.5% interest this property is a 36% ROI and as an all cash purchase this is an 12.1% ROI. Feel free to request a performa for review.
Property Features
Status
Days On Market 139 days
Last Updated August 9, 2022
Market Status Available
Description
Property Type Single Family Home
Year Built 2019
Bedrooms 4
Bathrooms 4 full / 1 half
Sq. Feet 3024
Exterior Features
Garage 0.0
Legal/Financial
Taxes 2325.47
Location
MLS Area Sevierville

Data Provided by Great Smoky Mountain AoR


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