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1440 Red Cedar Lane, Sevierville, 37876
Priced At: $540,000
Property Details for ID: 1280689
SqFt: 1,262
Price SqFt: $428
Total Bedrooms: 2
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2024-10-26T20:44:45Z
Subdivision: Fiesta Hills Sec D
Public Remarks: High-Yield Investment Opportunity: Contemporary Cabin in Sevierville, TN This inviting 2-bedroom, 2-bathroom ranch-style cabin, encompassing 1,262 sq. ft., presents a compelling investment with a projected gross income of $70,000 and an impressive 7% cap rate. The property appeals to a wide variety of vacationers, including both short-term leisure guests and long-term business travelers. With a reliable internet connection, the cabin is well-suited for remote workers or extended stays. Its location strikes the perfect balance—close enough to top attractions such as the Great Smoky Mountains National Park, Dollywood, and Gatlinburg to provide entertainment and convenience while still offering a private, tranquil setting ideal for rest and relaxation. Strategically located in Sevierville, the property offers proximity to shopping centers, restaurants, and entertainment venues, further contributing to its desirability among short-term renters. The combination of modern amenities, strategic location, and high-income potential positions this property as an exceptional opportunity for investors seeking a profitable addition to their real estate portfolio.
Schools Information
Elementary School: ********Middle / Junior School:
High School:
Building Description
Site Built: Yes
Year Built: 2002
Total Rooms: 7
SqFt (Total): 1,262
SqFt (Main Lvl): 1,046
SqFt (2nd Flr Lvl): 216
Full Baths: 2
1/2 Baths: 0
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: No
Basement Type: Crawl Space
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
HOA Fee: 0
HOA Contact: NA
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
From Sevierville, Head south toward E Main St. Follow Hwy 411 N and TN-339 E to Dixon Branch Rd. 18 min (9.5 mi). Turn left onto E Main St 0.4 mi. Continue onto Hwy 411 N/Dolly Parton Pkwy. Continue to follow Hwy 411 N. Pass by KFC (on the right in 0.6 mi) 3.4 mi. Turn right onto TN-339 E 2.0 mi. Turn right to stay on TN-339 E. 3.7 mi. Continue on Dixon Branch Rd. Turn right onto Dixon Branch Rd 0.9 mi. Turn right onto Red Cedar Ln 52 ft. Turn right to stay on Red Cedar Ln Destination will be on the left. 0.2 mi 1440 Red Cedar Ln- GPS friendly
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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!