4664 Nottingham Heights Way, Pigeon Forge, TN 37863

$1,249,000
6
BD
5
BA
3,420
SqFt

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List Price
$1,249,000
Price Change
▼ $50,000 1789453183
Status
ACTIVE
MLS#
3336318
Bedrooms
6
Full-baths
5
Sq. Ft
3,420
Year Built
2005
Subdivision
Sherwood Forest Resort

Property Description

Welcome to Raccoon Ridge, a remodeled 6-bedroom, 5 full bath cabin showcasing spectacular, sweeping Smoky Mountain views from its elevated setting in the highly desirable Sherwood Forest Resort, just minutes from Pigeon Forge. Grandfathered to sleep 18, this cabin has been refreshed to compete in today's market and already has $110,940 on the books, with projected gross revenue of $150,000-$195,000 with the right design, amenities, and management strategy. Those incredible mountain views continue across three levels of covered decks, complete with rocking chairs, a six person hot tub, and plenty of outdoor gathering space. Inside, cathedral ceilings, expansive windows, a stone fireplace, multiple living areas, and a fully equipped kitchen featuring granite countertops and stainless steel appliances provide plenty of room for large groups. The lower level is designed for entertaining, featuring a stylish wet bar and additional gathering space perfect for game nights and relaxing after a day in the Smokies. Entertainment continues with Golden Tee, Silver Strike Bowling, Target Toss Pro, PowerPutt Golf, multicade arcade games, Tic Tac Toe basketball, a regulation pool table, dartboard, and multiple TVs. Guests also enjoy seasonal access to the Sherwood Forest community pool. Located less than six miles from Dollywood and under five miles from The Island, Raccoon Ridge combines incredible views, an excellent location, large group capacity, and significant revenue upside with additional improvements. With strategic design and amenity enhancements, this cabin has the potential to become an even stronger performer in the competitive Smoky Mountain rental market.

Additional Information

Price Per Sqft
$365
Days on Market
62
Hoa Fee
$185
Style
Cabin
Stories
3
Interior Features
High Ceilings, Ceiling Fans, Kitchen Island
Appliances
Dishwasher, Dryer, Cooktop, Microwave, Refrigerator, Oven, Washer
Basement
Finished, Walkout
Roof
Metal
Fireplace Features
Gas
Hoa Amenities
Pool
Heating
Central, Electric
Cooling
Central Air, Electric
Sewer
Shared Septic
Water
Public

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