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116 Cave Creek Way, Townsend, 37882
Priced At: $1,390,000
Property Details for ID: 1275901
SqFt: 3,600
Price SqFt: $386
Total Bedrooms: 7
Full Baths: 7 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2024-09-09T18:52:41Z
Subdivision: Black Bear Hollow
Public Remarks: Seller will carry a note on the property with 65% down at 6% interest with a balloon payment due at the end of 2 years. This private 5 acre estate features 3 separate cabins on one tax lot! Five total acres with a creek that runs by 2 of the Cabins. If you ever wanted your own private compound, here it is. Located just 5 min from Wears Valley and 10 min to Townsend, this wonderful one of a kind property is truly amazing! The 1st cabin, Black Bear Mountain features 4 bedrms, 4 baths. The 2nd cabin, Black Bear Creek, is a 2 bedrm, 2 bath cabin and the 3rd cabin, Black Bear Cave, is a 1 bedrm and 1 bath that is secluded, private and sits next to the creek. Only 20 min to Pigeon Forge and stop #3 on the Parkway. All cabins feature Hot Tubs & private views. Both 2020 & 2021 gross income were over $200K The 5 acres also includes a large Barn and shed. All 3 cabins have 4 year old HVACs. Seller just spent $30,000 on the well! One of a kind estate! Call for details!
Schools Information
Elementary School: ********Middle / Junior School:
High School:
Building Description
Site Built: Yes
Year Built: 2000
Total Rooms: 15
SqFt (Total): 3,600
SqFt (Main Lvl): 3,188
SqFt (2nd Flr Lvl): 412
Full Baths: 7
1/2 Baths: 0
Fireplace: Yes
Bonus Room: Yes
Basement: No
Basement Type: Crawl Space
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 3
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
Directions: Directions: From the Parkway (US-441) in Pigeon Forge, turn at Traffic Light #3 onto WEARS VALLEY RD. Drive approximately 11 miles to RIGHT on CAVE CREEK WAY in the BLACK BEAR HOLLOW resort. Follow through the gates. Cabin names are Bear Creek, Bear Cave and Bear Mountain
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use BJ Swinehart
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!