Cosby, TN 37722,3867 Holders Grove Rd
Cosby, TN 37722,3867 Holders Grove Rd
Cosby, TN 37722,3867 Holders Grove Rd
53
$800,700
$875,000
8.5%
Est.Price: ?

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3 BD
4 BA
2,344 SqFt

3867 Holders Grove Rd Cosby, TN 37722

Est. payment /mo
SOLD DATE : 02/28/2023

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Key Details

Sold Price $800,700

Property Type Single Family Home

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Square Footage 2,344 sqft

Price per Sqft $341

Subdivision Majestic View

MLS Listing ID 1215565

Sold Date 02/28/23

Style Cottage,Craftsman,Chalet

Bedrooms 3

Full Baths 4

Originating Board East Tennessee REALTORS® MLS

Year Built 2022

Lot Size 1.010 Acres

Acres 1.01

Property Description

Ridiculous Views AND flat ground!? Yes, that is what this property offers. This is a great short term rental opportunity at a great price for a brand new 3 bedroom cabin. With rental projections of $105-$115,000+, this property would make a great addition to your real estate portfolio. Cabin sits on an acre of flat ground and is positioned in such a way to showcase the amazing mountain views from all areas of the cabin. There is also a beautiful stone fire-pit with poly-wood Adirondack chairs for people to enjoy an evening fire while enjoying the beautiful views. The cabin features 4 full bedrooms with ensuite bathrooms, a large kitchen with plenty of cabinet and countertop space along with leathered granite countertops. The living room/great room has cathedral ceilings, floor to ceiling stone fireplace, and a wall of windows to showcase those mountain views. 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 11-14+% ROI (gross rent:purchase price).

Location

State TN

County Cocke County - 39

Area 1.01

Rooms

Other Rooms Bedroom Main Level, Great Room, Mstr Bedroom Main Level

Basement Slab

Interior

Interior Features Cathedral Ceiling(s), Eat-in Kitchen

Heating Heat Pump

Cooling Central Cooling, Ceiling Fan(s)

Flooring Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Other, Electric

Fireplace Yes

Appliance Dishwasher, Dryer, Smoke Detector, Refrigerator, Microwave, Washer

Heat Source Heat Pump

Exterior

Exterior Feature Porch - Covered, Deck

Garage Designated Parking, Off-Street Parking

Garage Description Off-Street Parking, Designated Parking

View Mountain View, Country Setting

Garage No

Building

Lot Description Level

Faces From Gatlinburg travel Hwy 321 approx. 20 miles to a left on Ball Park. Ball Park automatically turns into Holders Grove. House is the first on left past County Line Road. From I-40/Newport travel 321 approx. 10 miles to a right on Bal Park. Ball Park automatically turns into Holders Grove. House is the first on left past County Line Road.

Sewer Septic Tank

Water Well

Architectural Style Cottage, Craftsman, Chalet

Structure Type Fiber Cement,Cement Siding,Cedar,Frame,Brick

Others

Restrictions No

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Listed by Prime Mountain Properties

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Ben Lunsford

Agent | License ID: 365866

+1(206) 719-6739

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