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    Hospitality properties

    3127 Emerald Springs Loop, Sevierville, TN 37862

    3.13 ac lot Built 1973
    Property ID
    Property summary
    AI-generated overview

    This meticulously maintained, fully furnished 3-bedroom, 2-bathroom chalet sits on 3.13 acres within the gated Shagbark community in Sevierville, Tennessee. Boasting a stocked pond fed by a spring-fed creek, the property features a large front deck overlooking the pond and a brand-new 5-person hot tub on the screened back porch. A new roof covers the back deck. Inside, you'll find an open floor plan with high ceilings, a 30-foot vaulted rock wall with a gas fireplace, a 42-inch flat-screen TV, and surround sound. The game room, complete with bamboo hardwood floors and glass walls overlooking the pond, offers ample space for relaxation. The kitchen includes slate countertops, a breakfast bar, and a separate dining room, recently updated with a new dishwasher in 2024. An approximately 700-square-foot loft provides additional space with a pool table. Two zoned HVAC systems ensure comfortable temperatures throughout the chalet. High-speed internet and security cameras are also included. Shagbark community amenities include a seasonal swimming pool, tennis courts, pickleball, a playground, and a 24-hour staffed guard gate. Enjoy easy access to Pigeon Forge, Gatlinburg, and Cades Cove. The property includes a fully automated Generac generator with a 500-gallon propane tank, and a separate 500-gallon propane tank services the fireplaces, water heater, and dryer. Built in 1973, this two-story chalet presents a significant investment opportunity due to its high rental potential and desirable location. The property is listed at $1,249,000.

    Property profile
    Verified
    Property type Hospitality properties
    Year built 1973
    Lot 3.13 ac (136,343 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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