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1467 Licking Spring Way Unit 4, Sevierville, TN, 37876

$400,000

Home List Price

$4,750*

Closing Credit

1 Bedroom
1 Full Bath
650 SqFt
$615/SqFt
House
Schools Nearby

Location

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1467 Licking Spring Way Unit 4, Sevierville$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDesignated Parking
Year BuiltNew Const., 2024
HeatingForced Air, Heat Pump, Electric
CoolingWall/Window Unit(s), Ceiling Fan(s)
FireplaceElectric
ViewTrees/Woods
MLS #1255215
Lot Size0.01 Acres
StatusActive

About 1467 Licking Spring Way Unit 4

New Construction - Introducing an ideal short-term rental investment that caters to both first-time investors and seasoned pros alike. With a projected annual rental income of $50K per cabin, this property promises lucrative returns and low entry barriers, making it an attractive option for investors of all levels. With six charming cabins nestled in this picturesque subdivision, you have the option to purchase a single cabin or seize the opportunity to acquire all six, each offering its own distinctive charm and appeal with a lucrative opportunity to capitalize on the growing demand for a getaway in the Great Smoky Mountains area. Situated in a prime location with high demand for short-term rentals, this property offers the perfect balance of affordability and income potential. Step inside to discover a cozy living space adorned with the perfect blend of modern luxury and rustic charm. The open floor plan creates an inviting atmosphere for creating unforgettable memories. The well-appointed kitchen boasts stainless steel appliances, ample counter space, a kitchen island and stunning views of the surrounding landscape. Outside, a spacious deck provides the perfect spot for al fresco dining, morning coffee, or simply soaking up the sun. After a day of outdoor adventures, unwind in the comfortable living area or gather around the fireplace for cozy evenings indoors. Surrounded by lush forest, you'll feel a world away from the stresses of everyday life. Perfectly located minutes away from Gatlinburg, Pigeon Forge, the Great Smoky Mountains and all the area's renowned attractions and dining experiences. This cabin is perfectly suited for short-term rental investment, vacation home or a romantic getaway. Whether you're looking to generate passive income or create your own mountain retreat, this short-term rental cabin is an investment opportunity not to be missed. Alternatively, investing in all six cabins presents a compelling opportunity for savvy entrepreneurs looking to maximize their returns. Note, each cabin in the subdivision is listed separately.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman, Cabin
  • Year Built: 2024
  • Living Area: 650 SqFt

Listing Office:

  • Office Name: United Real Estate Solutions
  • Office Phone: (865) 444-2400

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Laminate, Tile
  • Interior: Cathedral Ceiling(s), Island in Kitchen, Eat-in Kitchen
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Deck, Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Designated Parking

Lot Features

Lot Information:

  • Lot: Private, Wooded
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump, Electric
  • Cooling: Wall/Window Unit(s), Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Sevier County High School, Public District Grades 9-12
  • Gatlinburg Pittman High School, Public District Grades 9-12
  • Pigeon Forge High School, Public District Grades 9-12
  • New Center Elementary School, Public District Grades KG-8
  • Catons Chapel Elementary School, Public District Grades PK-8
  • Pittman Center Elementary School, Public District Grades PK-8
  • Sevierville Intermediate School, Public District Grades 3-5
  • Catlettsburg Elementary School, Public District Grades KG-6
  • Pigeon Forge Primary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Downtown Sevierville Head toward Court Ave on Commerce St. Go for 233 ft. Then 0.04 miles Turn left onto Court Ave. Go for 358 ft. Then 0.07 miles Turn right onto E Main St (US-411). Go for 4.0 mi. Turn right onto Long Springs Rd (TN-339). Go for 0.7 mi. Continue on Old Newport Hwy (TN-339). Go for 1.3 mi. Turn right onto Jones Cove Rd (TN-339). Go for 3.4 mi. Turn right onto Licklog Hollow Rd. Go for 0.6 mi. 1467 Licking Spring Way Sevierville, TN 37876-6373

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $615/SqFt
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Housing Market Comparison

See how this home compares to others in Sevierville, TN.

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Sevierville, TN

City

Med. Sold Price

$475K

Med. Price/SqFt

$289

Avg. Days On Market

55

# of Sold Homes

67

1467 Licking Spring Way Unit 4 vs Sevierville

54 DAYS ON ROCKET

-1 Day

$400,000

-$75K Less

$615/SqFt

+$326 More

KEY TAKEAWAY

This property is $75K less than the Median Sold Price and $326/SqFt more than other homes in Sevierville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1255215

Listing Office:

  • Office Name: United Real Estate Solutions
  • Office Phone: (865) 444-2400

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 7:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4330065
2
/10

  • Sevierville Intermediate School

  • 416 High St

  • 7.32 miles

  • Public District Grades 3-5

school-card-donut-4330066
5
/10

  • Catlettsburg Elementary School

  • 1409 Catlettsburg Rd

  • 9.40 miles

  • Public District Grades KG-6

school-card-donut-4330067
3
/10

  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 11.82 miles

  • Public District Grades PK-4

Middle School

school-card-donut-4330068
4
/10

  • New Center Elementary School

  • 2701 Old Newport Hwy

  • 2.79 miles

  • Public District Grades KG-8

school-card-donut-4330069
5
/10

  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 3.08 miles

  • Public District Grades PK-8

school-card-donut-4330070
5
/10

  • Pittman Center Elementary School

  • 2455 East Pw

  • 6.10 miles

  • Public District Grades PK-8

High School

school-card-donut-4330071
5
/10

  • Sevier County High School

  • 1200 Dolly Parton Pkwy

  • 5.79 miles

  • Public District Grades 9-12

school-card-donut-4330072
7
/10

  • Gatlinburg Pittman High School

  • 150 Proffitt Rd

  • 7.50 miles

  • Public District Grades 9-12

school-card-donut-4330073
6
/10

  • Pigeon Forge High School

  • 414 Tiger Dr

  • 9.19 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,500. The majority of Sevierville, TN residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1467 Licking Spring Way Unit 4

What is the listing price of this property?

The listing price of 1467 Licking Spring Way Unit 4 property is $400,000.

What type of property is this?

The property 1467 Licking Spring Way Unit 4 is a house located in Sevierville, Tennessee, 37876.

Is this property for sale now?

Active Listing: 1467 Licking Spring Way Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1467 Licking Spring Way Unit 4 are:
Sevierville Intermediate School: GreatSchools Rating 2/10
Catlettsburg Elementary School: GreatSchools Rating 5/10
Pigeon Forge Primary School: GreatSchools Rating 3/10
New Center Elementary School: GreatSchools Rating 4/10
Catons Chapel Elementary School: GreatSchools Rating 5/10
Pittman Center Elementary School: GreatSchools Rating 5/10
Sevier County High School: GreatSchools Rating 5/10
Gatlinburg Pittman High School: GreatSchools Rating 7/10
Pigeon Forge High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 1467 Licking Spring Way Unit 4 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1467 Licking Spring Way Unit 4 is 650 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1467 Licking Spring Way Unit 4 is 2024.

Rocket Homes›Tennessee›Sevier County›Sevierville›37876›1467 Licking Spring Way Unit 4

This home is located at 1467 Licking Spring Way Unit 4 in Sevierville, TN and zip code 37876. This 650 square foot home, which was built in 2024, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $400,000.

In March 2024 more than 7 listings in Sevierville, TN were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 53 were sold below. The number of homes for sale in Sevierville, TN increased by 19.9% between February 2024 and March 2024. In March 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $475,000.

From Rocket Homes Real Estate and based on county public records data.

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