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4446 Shangrila Way
Sevierville TN 37876 US

$1,199,000

Pending Listing ID 268613
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4 bed
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5.00 Bath (4 Full Bath , 1 Half Bath)
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Lot: 0.01 Acres
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Single Family Residence

$1,199,000

Pending Listing ID 268613
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4446 Shangrila Way “Rooftop RendezView” presents an incredible opportunity to purchase a recently built mountain view rental cabin with the best location between Pigeon Forge and Gatlinburg (only a 2 – 3 mile drive to both!) with no crazy steep roads on the one-mile route to/from the Parkway. From the spacious distinctive rooftop deck, see magnificent views of the Smoky Mountains from this large 3 story cabin. This is no cookie-cutter square cabin as it was built in the popular mountain modern style with amenities that make this cabin stand out from the rest, including a private theater room with tiered plush theater-style seating for 8 and huge 85-inch Sony 4K TV; a game room with a pool table, air hockey, and Multicade with many classic games; unique modern linear gas fireplace; flat parking for 4 vehicles; EV charger; fast Wifi; relaxing large hot tub; and a rooftop deck with a 81” long resort-style gas firepit table with enough seating options for 12 guests. Dream kitchen with stainless steel appliances, granite countertops, massive island with seating and long dining table. Rooftop RendezView has enough room for multiple families in the cabin's four bedrooms (three kings and one queen), each having a dedicated full ensuite bathroom and flat screen TV. Two of the bedrooms have additional sleeping options to get the sleeping occupancy up to 12 - a full size pullout sofa in the main floor bedroom and a twin daybed with a twin trundle in the upper floor bedroom. The current meticulous housekeeping and maintenance crews can continue maintaining the cabin and the Superhost owner is willing to transfer reservations and her knowledge to the lucky new owners so the cabin is ready for rental on day 1 of ownership. The rental income is excellent with rental revenues of $237K since it was officially launched in mid-April 2022 through January 2024 ($208K excluding cleaning fee revenue). 2023 rental revenues did not disappoint with $127K ($111K excluding cleaning fee revenue) since 2023 was considered a down year after the Covid boom. Current owners are selling the cabin to invest the proceeds in building a large cabin on a lot they have already purchased. This cabin checks all of the boxes for a productive cabin investment in our area including a convenient location, no steep roads, mountain view, distinctive amenities, recent (2022) high end quality construction, and an outstanding rental performer with a guest favorite designation on Airbnb and a perfect 5 stars from all 21 Airbnb guest reviews.

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Property Features

  • Facts
  • Lot Size: 0.01 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 4
  • 1/2 Bathrooms: 1
  • Exterior Finish: Private, Rain Gutters, Deck
  • Heating Fuels: Fireplace, Heat Pump
  • Additional Features
  • Fireplace
  • Patio

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 1199000
  • unparsedaddress: 4446 Shangrila Way
  • postalcity: Sevierville
  • stateorprovince: TN
  • country: US
  • postalcode: 37876
  • bathroomsfull: 4
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.01
  • lotsizeunits: Acres
  • lotsizearea: 0.01
  • livingarea: 2914
  • livingareaunits: Square Feet
  • latitude: 35.771822
  • longitude: -83.516449
  • listagentfullname: Darlene DeRosia
  • listagentemail: info@homesinthesmokymtns.com
  • listagentkey: 3yd-GSMARTN-6223
  • listagentmlsid: 6223
  • listagentpreferredphone: 8656549117
  • listagentofficephone: 8652778115
  • listofficekey: 3yd-GSMARTN-505
  • listofficemlsid: 505
  • disclaimer: Copyright © 2024 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMARTN
  • yearbuilt: 2022
  • listingcontractdate: 2024-02-27
  • countyorparish: Sevier
  • appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • constructionmaterials: Frame
  • heating: Fireplace, Heat Pump
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway, Paved or Surfaced
  • view: Mountain
  • waterfrontyn: False
  • interiorfeatures: Cathedral Ceiling(s), Great Room, High Speed Internet, Solid Surface Counters
  • exteriorfeatures: Private, Rain Gutters, Deck
  • architecturalstyle: Contemporary
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • patioandporchfeatures: Deck
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -83.516449, 35.771822
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Listing Changed: 3/26/2024 4:31:47 PM GMT
Source Updated Date: 4/27/2024 6:43:39 AM GMT

Courtesy of: Darlene Pearson, Smoky Mountain Real Estate Corporation, info@homesinthesmokymtns.com

Copyright © 2024 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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