Live Webcast Auction
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Price Realized:
800,000.00 USD
Shipping Not Available
Price Realized 800,000.00 USD
Date Sold 2024-08-23T00:00:00
Date(s)
8/13/2024 - 8/23/2024
AUCTIONEER INFORMATION
Bidding Notice:

***** THERE WAS AN ERROR IN THE DESCRIPTION OF THE RENTAL CABIN W/ 5 ACRES NEAR DOLLYWOOD. IT ONLY HAS 1 BEDROOM AND A LOFT.. ****** By placing a bid you are agreeing to all terms & conditions set forth in this auction.

Auction Notice:

Please note that the Buyers Premium is 13% if bidding online and the deposit day of sale is 13% of the contract price.


Information
Group - Category Real Estate - Residential
Lead Rental Cabin in Black Bear Ridge
Description
842 Black Bear Cub Way, Sevierville, TN 37862 – Newly built pool cabin in the prestigious Black Bear Ridge Resort, just minutes from the Parkway in Pigeon Forge. Bearly Splashed is a beautiful 2,184 sqft cabin spread out over 3 levels with a deck on each level, 2 bedrooms (rents as a 3 bed) and 2.5 bathrooms. The main floor enters into a galley kitchen then into the open dining room and living room combination. The living room consists of a queen sleeper sofa and beautiful stack stone fireplace. There is also a full bath and master bedroom with a king bed to finish out the main level. The top level features a spacious gaming area with a slate pool table, two arcades, a sleeping nook with a queen/queen bunk bed, a full bathroom and your second bedroom with a king bed. On the bottom floor you will find the indoor gunite pool with a stack stone water fall, and a half bath. Each level has its own private deck with mountain views & string lights for night time ambiance. A 5- person hot tub is located on the bottom deck. This cabin has excellent rental demands at high rates. This cabin is already booked through the fall! Zoned R-1. Yearly Taxes $3040.51. OPEN HOUSE: Saturday, August 17 from 4 to 6 PM, or by appointment August 15-18 only. DIRECTIONS: From the intersection of US- 321 and Lost Branch Rd, take Lost Branch Rd 1.4± miles to right onto Black Bear Cub Way, follow signs to property on right.
Name SUMMER BALLROOM AUCTION!!
Auctioneer
Type Live Webcast Auction
Date(s) 8/13/2024 - 8/23/2024
Auction Date/Time Info
Online bidding begins, Tuesday, August 13, 2024 at 1:00 PM (EST) Live auction is Friday, August 23, 2024 at 6:00 PM (EST)
Preview Date/Time See each property for preview dates & times.
Checkout Date/Time All paperwork & deposits must be completed day of sale.
Location
Buyer Premium 13.00%
Description
Come join us Friday, August 23 at 6:00 PM at the Sevierville Civic Center for our Summer Ballroom Auction! 17± properties in Sevierville, Seymour, Knoxville, Gatlinburg &Corryton. Featuring a Gorgeous Lakefront Lot, Beautiful“Farmhouse” nightly rental, Income Producing Rental Cabins,Commercial Investment properties in Sevierville with Huge potential, and a couple of fixer uppers! All commissioned by Estates& Private Sellers. Come have dinner on us and sit in one location tobid and buy at your price, what you may not be able to buy at anyprice in the future!
TERMS: A 10% (13% if bidding online) non-refundable deposit of the contract price will be required day of sale. Each purchaser will also be required to sign a promissory note for the full purchase price which will become null and void upon closing of the sale. These properties are being sold as is without contingencies financial or other so please make any needed arrangements. Closings will take place on or before 30 days from sale day. This is a 10% (13% if bidding online) Buyers Premium auction. Information deemed reliable but not guaranteed. Announcements made day of sale supersede any and all printed or verbal statements made by the Owners or the Auction Co. NOTICE: Under U.S. c4582 (d) the purchaser of a single-family residence has a maximum of ten (10) days to conduct a risk assessment or inspection of the property for the presence of lead-based paint hazards. August 13, 2024 begins this ten (10) day period. This applies to all improved properties. Auctioneer presents all information in brochures, catalogs and other advertisements from sources believed to be accurate, and are not representations of the Auctioneer. Therefore, prospective buyers are urged to inspect the properties to their own satisfaction. The Auctioneer is an agent only and does not represent the buyer. If you are the winning bidder on a property, you will receive an email from us with instructions on how to proceed. If you have any questions, please call our office. 865-908-8611. Kennedy Real Estate & Auction will be held harmless, if the internet service fails to function properly or correctly, power outages, computer or internet complication’s, before, during or after the auction. Kennedy Real Estate & Auction Co will not be responsible for any missed bids from any source and we reserve the right to withdraw, rearrange and or extend properties, on line internet bidding, without notice, at the auction company’s sole discretion. Online bidders: Sometimes we may use several online internet providers, so you will receive an email from us, if you are the actual winner of the item. In the event of a tie bid between internet bidder and floor bidder, the tie will always be awarded to the floor bidder.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 149,000.00 1,000.00 USD
149,000.01 - 199,000.00 2,000.00 USD
199,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 13.00%
Payment Terms
We accept cash or check in USD
No Shipping