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5397 Cocke County Line Rd

Cosby, TN 37722
  • $545,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: 255399
UPDATED: 61 min ago
$545,000
  • 3
    BEDS
  • 1.01
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,960
    SQFT
  • $278
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2022
County:
Area:

School Ratings & Info

Listing courtesy of Prime Mountain Properties.


Description

Amazing short term rental opportunity. Price To Sell! Rental projections from multiple management companies of $77-$85,000+ gross. This brand new, 3 bedroom property was built with efficiency and easy maintenance in mind. Located in the foothills of Cosby, this property sits on 1 acre of flat ground with amazing mountain views and options for a number of different outdoor amenities if one so chose. This very private and quiet setting continues to be a draw for guests that want to still be close enough to Gatlinburg/Pigeon Forge but away from the hustle and bustle. Property features 3 full bedrooms and 3 full bathrooms. 2 of the bedrooms are located upstairs and 2 bedrooms have ensuite bathrooms. Open concept living, dining, and kitchen on the main level with ample cabinet and counter top space. Black/stainless appliances with leathered granite countertops through out. The cabins of Majestic View have no restrictions and there is no HOA. They are on well and septic so the only utility costs are electric and digital services. Very low overhead! This is a great opportunity in this changing market to take advantage of a property that has the potential of generating 12-16% ROI (gross rent:purchase price).

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Copyright 2023 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Parkway Realty. Information deemed reliable but not guaranteed. Last updated 2023-01-27T22:15:59.867.
www.smokiesparkwayrealty.com/homes/135998819
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5397 Cocke County Line Rd Cosby, TN 37722

  • Price: $545,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 61 min ago
  • ID#: 255399
3
Beds
3
Baths
0
½ Baths
1.01
Acres
1,960
SQFT
$278
$/SQFT
2022
Built
Neighborhood:
Majestic View
County:
Cocke
Area:
Cosby
Property Description
Amazing short term rental opportunity. Price To Sell! Rental projections from multiple management companies of $77-$85,000+ gross. This brand new, 3 bedroom property was built with efficiency and easy maintenance in mind. Located in the foothills of Cosby, this property sits on 1 acre of flat ground with amazing mountain views and options for a number of different outdoor amenities if one so chose. This very private and quiet setting continues to be a draw for guests that want to still be close enough to Gatlinburg/Pigeon Forge but away from the hustle and bustle. Property features 3 full bedrooms and 3 full bathrooms. 2 of the bedrooms are located upstairs and 2 bedrooms have ensuite bathrooms. Open concept living, dining, and kitchen on the main level with ample cabinet and counter top space. Black/stainless appliances with leathered granite countertops through out. The cabins of Majestic View have no restrictions and there is no HOA. They are on well and septic so the only utility costs are electric and digital services. Very low overhead! This is a great opportunity in this changing market to take advantage of a property that has the potential of generating 12-16% ROI (gross rent:purchase price).
Exterior Features

Access County RoadGravelPaved Construction CedarCement SidingFrameStone Exterior Features GuttersLevel LotSurfaced Drive Foundation Slab Garage Capacity 0.00 Garage Type None Roof Composition Style ChaletCottageCraftsman

Interior Features

Appliances DishwasherDryerElectric RangeMicrowaveRefrigeratorSmoke DetectorWasher Attic Access Only Basement None Bonus Rooms No Cooling Central AirElectricHeat Pump Fireplace ElectricOne Heating ElectricHeat Pump Interior Features Ceiling Fan(S)FurnitureLarge Master BedroomRecreation RoomSolid Surface CountertopsW/D ConnectionWindow TreatmentWood Floors Sq Ft Above Grade 1960 Sq Ft Finished Basement 0 Sq Ft Unfinished Basement 0 Stories Two

Property Features

Annual Tax 653.00 Construction Type Site Built District . Hoa YN No Lot Block Unit 1C Miscellaneous Cable TvHot TubMountain View Occupancy Either Owner Financing No Proposed Financing CashConventional1031 Exchange Residential Type Single Family Restrictive Covenants No Sewer Septic SystemSeptic Permit On File Tax Year 2022 Water Well Zoning None Zoning Entity Cocke County

Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Prime Mountain Properties | Office Phone: 8654534049 .

Copyright 2023 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Parkway Realty. Information deemed reliable but not guaranteed. Last updated 2023-01-27T22:15:59.867.
 
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Parkway Realty
3110 Priscilla Heights Ln
Pigeon Forge TN, 37862
Listing courtesy of Prime Mountain Properties.