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Sold for $533,562 on 05/12/23
  • $533,562

    970 Douglas Dam Rd #4, Kodak, TN 37764

    3beds
    1,150sqft
    Single Family Residence
    Built in 2023
    7.68 Acres Lot
    $486,900 Zestimate®
    $464/sqft
    $-- Estimated rent

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    What's special

    Previously sold out, the Forgotten Forest now has an availability! An imaginative, new overnight rental community filled with castles, treehouse cabins, burrows and magical houses, the Forest is designed for and by mythical creatures and boasts one of the country's best tourist locations. Hidden on eight acres in Sevier County, Tennessee, the Forgotten Forest is close to Dollywood, Pigeon Forge, Gatlinburg, the Great Smoky Mountains National Park, and the new exit 407 development. This three-bedroom treehouse cabin will be ready for renters by the end of February and has a modestly projected annual income of $70,000. After just one year, the first house at the Forgotten Forest has an astonishing occupancy rate of 75% (The Wizard's Trolley on Airbnb). This magical community includes a mythical stone circle, garden labyrinth, carved woodland creatures, wishing well, 10-foot tall ancient sword, and soon will be home to an ancient ruins pool and waterpark slide. The custom-built treehouse cabin features beautiful views of 100 acres of protected land to the front, and acres of trees to the back. With bark and vinyl siding, two full bathrooms, a floor-to-ceiling stone fireplace, granite tops, lvp flooring and a generous deck with hot tub, this house is part of a small community, so do not miss a chance to start making passive income by spring break! Offer deadline 7 pm, Tuesday, January 3. Proof of financing required with offer. Seller will respond by 7 pm January 5, and retains the right to accept an offer prior to submission deadline.

    Zillow last checked: 8 hours ago

    Listing updated: August 14, 2023 at 07:58am

    Listed by:

    Kathleen Christie 865-237-0451,

    Crye-Leike Realtors

    Bought with:

    Kathleen Christie, 339591

    Crye-Leike Realtors

    Source: East Tennessee Realtors,MLS#: 1214385MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Forced Air, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
    Features
    • Cathedral Ceiling(s), Kitchen Island, Eat-in Kitchen
    • Flooring: Vinyl
    • Windows: Windows - Vinyl
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Electric, Stone
    Interior area
    • Total structure area: 1,150
    • Total interior livable area: 1,150 sqft

    Property

    Parking
    • Parking features: Off Street, Designated Parking, Main Level
    Features
    • Exterior features: Prof Landscaped
    • Has view: Yes
    • View description: Country Setting, Trees/Woods
    Lot
    • Size: 7.68 Acres
    • Features: Wooded, Rolling Slope
    Details
    • Parcel number: 013 164.13

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Block, Frame, Other
    Condition
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer, Other
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Kodak
    • Subdivision: The Forgotten Forest

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $100 monthly
    • Amenities included: Other
    • Services included: Insurance, Some Amenities, Maintenance Grounds

    Other

    Other facts
    • Listing terms: New Loan,Second Mortgage,Cash,Conventional