Projected $67,000-$77,000 annual rental income, sleeps 8-10, major updates already completed, and flexible use as an investment property, vacation property, or forever home!274 Burning Oaks Drive offers a rare opportunity to own a Smoky Mountain log cabin that checks the boxes for both lifestyle and income potential. Whether you're looking for an investment property, a vacation property, or a forever home, this property offers the flexibility so many buyers are looking for.Situated on nearly three-quarters of an acre in a quiet, private setting, this cabin features the amenities guests consistently look for when booking in the Smoky Mountains, including a hot tub, firepit area, multiple decks, and a large private backyard surrounded by trees.The layout is ideal for overnight rentals, with bedrooms on separate levels for privacy, a walkout basement suite with direct access to the hot tub patio, and a loft bonus room that can be used as a game room, office, or additional sleeping space to maximize occupancy and rental potential.Major system and exterior updates have already been completed, including a new roof, new gutters with leaf guards, new windows, full exterior log staining, new HVAC system, and a new water softener--all completed within the last two years! These big-ticket items already being done help reduce maintenance costs and make ownership more predictable for investors, vacation property owners, or full-time residents.For buyers looking for a full-time residence, the property also offers a large usable yard and an existing chicken coop, allowing for a little more space, flexibility, and freedom than you typically find in cabin communities.This property offers the rare combination of rental potential, privacy, major updates, and flexible use, making it a strong fit for investors, vacation property buyers, or primary residence buyers. Properties with this combination of income potential, updates, and flexibility don't come along often in this price range!
Listed By
Agency Name: Keller Williams Realty
Shown By
Agent Name: Morristown Office
Agent Phone: (423) 586-4115
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 1,321.55 per month $1,168.42 Principal & Interest $0.00 Property Tax (data not provided by mls) $153.13 Homeowner's Insurance
274 Burning Oaks Drive | MLS# 1313907
This single family home located at 274 Burning Oaks Drive, Sevierville, TN 37876 is currently listed for sale with an asking price of $525,000. This property was built in 2007 and has 3 bedrooms and 3 full baths with 2202 sq. ft. Burning Oaks Drive is located in the Burning Oaks Ph 1 subdivision. Search Burning Oaks Ph 1 real estate on morristown.easttnliving.net today.