Home for Sale at 202,204 Tunnel Ridge Drive, Sevierville, TN 37876

202,204 Tunnel Ridge Drive
Sevierville, TN 37876

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Property Details

List Price:	$1,190,000
Beds:	5
Baths:	4
Status:	Active
SqFt:	2176
Agency:	ABODE

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential
Year Built:	2017
Notes:	Generate A Six-Figure Income With Your Own Smoky Mountain Empire with Cash Flow: Fully Furnished Log Cabin Income-Producing Paradise Awaits!<br /> <br /> Attention Investors and Nature Enthusiasts! Own a piece of Smoky Mountain paradise on rare-level land. Unlock the potential of these fully furnished log cabins in the heart of the Smoky Mountains. What truly distinguishes this property is its exceptional location on level land atop the smoky mountains, a rare gem amidst the area's rugged terrain. Unlike most mountain properties perched on steep slopes, 202/204 Tunnel Ridge Drive offers expansive, level homesites, providing unparalleled ease of access and limitless possibilities for enjoyment.<br /> <br /> Level Land and Homesites: <br /> Your Gateway to Endless Possibilities<br /> Imagine the freedom of relaxing on a level lawn or hosting family gatherings without the constraints of uneven terrain. With ample space, you can even explore the addition of amenities such as a swimming pool, badminton court, volleyball net, or pickleball court, subject to space and local regulations. Let your imagination run wild as you customize your Smoky Mountain retreat to suit your lifestyle and preferences.<br /> <br /> Convenience Meets Tranquility:<br /> While boasting a Sevierville mailing address, these cabins offer more than just a scenic backdrop. Enjoy the convenience of being mere moments away from the vibrant attractions of Gatlinburg, all while basking in the serenity of your own private oasis. This unique blend of accessibility and tranquility ensures a truly unmatched living experience in the heart of the Smokies.<br /> <br /> Don't Miss Your Chance to Embrace Level Land Living.<br /> Say goodbye to the constraints of mountainside living and embrace the ease and potential of level land. Whether seeking a lucrative investment opportunity or a personal haven amidst nature's beauty, 202/204 Tunnel Ridge Drive offers the perfect balance of convenience, comfort, and untapped potential.<br /> <br /> We are calling all savvy investors! Are you searching for a lucrative short-term rental property in the majestic Smoky Mountains? Look no further than 202/204 Tunnel Ridge Drive, Sevierville, TN. This remarkable offering presents a unique opportunity to own two fully furnished, turnkey log cabins perched atop a peaceful mountaintop haven.<br /> Market & Location:<br /> <br /> Gatlinburg Gateway: This prime location near bustling Gatlinburg and vibrant Pigeon Forge capitalizes on the unrelenting tourist demand for Smoky Mountain adventures.<br /> Regulation Ready: Sevierville allows short-term rentals with proper licensing, ensuring a smooth path to operation.<br /> Proven Performer: Similar properties boast exceptional occupancy rates and lucrative rental income. Imagine double the income with two separate rentals!<br /> <br /> Property Specifics:<br /> Ready to Rent, Right Now: Both cabins come fully furnished with everything guests need for a comfortable stay. No renovation headaches exist so that you can earn income faster than ever.<br /> <br /> Double the Charm, Double the Guests: The duplex layout offers two unique log cabins, each fully equipped and ideal for accommodating multiple families or groups.<br /> <br /> Peace: Nestled in a tranquil mountain setting with minimal noise concerns, your guests can unwind and enjoy a truly relaxing experience.<br /> Financial Considerations:<br /> <br /> Manageable Expenses: The property's size allows for cost-effective maintenance and cleaning. Plus, you can spread these costs across multiple income streams with two cabins.<br /> <br /> Investor-Friendly Financing: Several lenders offer financing options tailored to short-term rental properties.<br /> Solid ROI Potential: With strong rental potential, manageable expenses, and the built-in income advantage of two cabins, 202/204 Tunnel Ridge Drive promises a lucrative return on investment.
MlsNumber:	1253413

Listing Provided By:	ABODE, original listing
Name:	ABODE
Phone:	(615) 260-6010
Office Name:	Abode
Office Phone:	(615) 260-6010
Agent Name:	Adrian Jackson
Disclaimer:	Copyright Â© 2024 Knoxville Area Association of Realtors Â®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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