Prepare to say WOW when you step foot in The Lazy Bear Lodge located in Homestead at Wears Valley!!! A custom built, true log cabin with 180 degrees of panoramic views. Too many custom features to mention: oversized logs carved by area artisans, some of which were brought in from out of state, a magnificent wall of windows to capture the view on one of the highest elevations in all of the Smoky Mountain area *without* scary roads, to the extra large family and game rooms for those extra large get-togethers. Just a quick drive to Wears Valley, the Foothills Parkway and many other attractions the area has to offer. Septic permit is 3BR, but rented as a 4BR. Each bedroom has its own full bathroom and indoor sauna that easily seats six. Extra large deck that spans the entire width of the home with an additional build out for a covered hot tub, as well as a large greeting area in front of the cabin for large events. All major mechanicals were updated between 2017 and 2021, new 30yr roof in 2018, new hot tub in 2017, and a buried 1000 gallon propane tank. Indoor heat is piggybacked to use propane gas heat source if indoor temperature falls below 40F. Rental income projections are 70k-98k.
Single-familyProperty Type
2005Year Built
1.16 acresLot Size
$387Est. Price/Sq.Ft.
Listed by Tracy King• Your Home Sold Guaranteed Realty
Contact: 8653652280
Bought with Non Member Non Member• Non-Member Office
Lot Features: Private, Wooded, Corner Lot, Level, Rolling Slope
Lot Size Area: 1.16
Lot Size Units: Acres
Lot Size Acres: 1.16
Lot Size Source: Assessor
Financial
Tax Information
Tax Annual Amount: $1,578
Utilities
Utility Information
Sewer: Septic Tank
Utilities: Electricity Available
Location
HOA Information
Has HOA
Association Fee: $300
Association Fee Frequency: Annually
Association Fee Includes: Maintenance Grounds
Location Information
Directions: From PIgeon Forge, take 321 Wears Valley Hwy to Wears Valley. Once in Wears Valley, take right on Happy Hollow Rd. Bear right on S Clear Fork Rd. Left on Chamberlain Ln. Continue straight on Chamberlain Ln which turns into Burchfield View Way (you will pass The Preserve cabin community on right). Right on Settlers View Lane. Left on Redtail Rd. Sign for 3005 Redtail / Lazy Bear Lodge on left. Shared driveway with 2966 Redtail.