Now $85K to $125K

• These condos in the Great Smoky Mountains area originally sold for up to $305K, now $85K to $125K depending on size.
• Excellent investment at the foot of the Great Smoky Mountains – for your home, get away, or vacation rental

Amazing Condos on Sale in Pigeon Forge, Tennessee

Condos for Sale now by Century 21 MVP at low prices compared to original prices

PIGEON FORGE CONDO’S being offered now by Century 21 MVP- for about 1/3- 1/2 of the ‘normal’ market- or the previous market… (Originally, a typical 3- bedroom condo sold for $305K, and and now has a tax appraisal of $207K.)

Put another way- you can never build them for these prices and will only last a very short time… so if you have ever thought about owning property in the Great Smoky Mountains, now is the time to make that happen. These condos would be wonderful as residences, second home getaways, or vacation rental property.  The condos should be attractive for most investors in real estate.

Pricing for Pigeon Forge, Tennessee Condos

ONE BEDROOM- unfurnished, no appliances –  now  $85,000-$90,000

TWO BEDROOM- unfurnished, no appliances-  now   $95,000-$105,000

THREE BEDROOMS- unfurnished, no appliances- now   $115,000 to $125,000

(We can get appliances and furniture for you.)

Features of Condos

• -Spacious, upscale finishes, granite counter tops, ceramic tile, crown molding around 9 foot ceilings, fireplaces.
• -French doors open to beautiful views, super location in Pigeon Forge.
• -Condos on every floor in 4 different buildings….

Summary for these Amazing Condos

• -Spacious, new, upscale finishes, granite counter tops in all the baths, ceramic tile on floor throughout, crown molding, 9′ ceilings to give it that fantastic open and airy feel. Immaculate, fully furnished-ready to enjoy. Beautiful large kitchen with tasteful granite counters, lots of cabinets for the gourmet cook and a bar so guests can sit and entertain you while you cook! Gas fireplace in the great room makes it cozy and inviting. And, of course, your own deck for relaxing. Master suite is large.

 

• -This condo project has beautiful views of Mount Leconte and the National Park. The bank will be completing the grounds- where construction debris is currently it will be a meadow for the enjoyment of the guests. Pool is part of your amenities. HOA covers everything except electricity.

 

• -PERFECT INVESTMENT- new- never been lived in FORECLOSURE… great chance to pick up a great buy- the 3 BR condos were originally sold int the $305,000 range.

 

• -The best location in Pigeon Forge …super-convenient in Pigeon Forge, Tennessee, near the new Titanic Attraction– walk a block to the Parkway for shopping, restaurants, and entertainment.

 

• -Condos should be excellent investments for vacation rental- let your condo pay for itself!

 

• -Near Gatlinburg, Sevierville, and Knoxville, Tennessee.  Close to the Great Smoky Mountains National Park

 

These are being offered by Century 21 MVP.  Contact me today about these amazing condos in the Great Smokies.

More Details on present prices and financials for low-priced log cabins in the Great Smoky Mountains

As noted in other posts on my blog, the real estate market continues to provide an atmosphere for low costs for vacation and second home log cabin properties in the Great Smoky Mountain region. Cabins located in Sevier County near Gatlinburg, Pigeon Forge, and Sevierville are still providing in this market excellent rental revenues.

As noted in other posts we are offering a group of log cabins at a little above one-half of the appraised value, or 80 percent of the last advertised price by the bank-owner. As an illustration, one of my favorites in this group, the seller will take $184,000. It is listed for $230,000, and the tax appraisal for it is $330,000. The rental income last year (2009) was $45,514. Revenues for the group ranged from $24,000 to over $45,000 in 2009.

Details of the attractive pricing and experience with income for these cabins follow:

Log cabins are coming to the marketplace regularly, and are being offered at very appealing prices. Deborah Korlin, real estate broker and co-owner of Century 21 MVP in Sevierville, Tennessee, is very familiar with the home and log cabin investment market in Tennessee, especially in the Great Smoky Mountains. She is, consequently, a very good source of information and expertise. Get more facts on these log cabins, real estate investment possibilities, and available real estate in the Great Smoky Mountains and Knoxville, Tennessee by contacting Deborah using the contact form on this site or call 865-765-6157.

A log cabin investment in the Great Smoky Mountains area is an opportunity you may want to explore at this time, in spite of the slow recovery of the economy. The economy of the area continues to impart an environment for low prices for vacation and second home log cabin properties. Cabins located in Sevier County, Tennessee, near Gatlinburg, Pigeon Forge, and Sevierville are still providing, regardless of the economy, excellent rental income, the majority providing positive cash flow.

Log cabins are coming to the marketplace regularly, and are being offered at very appealing prices. Author Deborah Korlin, real estate broker and co-owner of Century 21 MVP in Sevierville, Tennessee, is very familiar with the home and log cabin investment market in Tennessee, especially in the Great Smoky Mountains. She is, consequently, a very good source of information and expertise. Get more facts on real estate investment possibilities and available real estate in the Great Smoky Mountains and Knoxville, Tennessee by contacting Deborah using the contact form on this site or call 865-765-6157.

The real estate market continues to provide an atmosphere for low costs for vacation and second home log cabin properties in the Great Smoky Mountain region. Cabins located in Sevier County near Gatlinburg, Pigeon Forge, and Sevierville are still providing in this market excellent rental revenues. The log cabins are located in an area that is one of the most visited vacation hotspots in the country. In today’s real estate market, particularly with the distressed property seen in all parts of the nation, these log cabins may be among the best investments that are available in real estate. When all of these factors are combined with the fact that the local economy has not been hit as hard as in other regions, log cabin investment for private vacation or for rental property may well be one of the more desirable options at this time.

Low Prices with Positive Cash Flow for Rental Cabins

As this article is being prepared, we are offering a group of log cabins at a little above one-half of the appraised value, or 80 percent of the last advertised price by the bank-owner. As an illustration, one of my favorites in this group, the seller will take $184,000. It is listed for $230,000, and the tax appraisal for it is $330,000. The rental income last year (2009) was $45,514. Revenues for the group ranged from $24,000 to over $45,000 in 2009. These log cabins are being offered at a very attractive price yielding positive cash flow. Obviously, by the time this piece is published and you have read it, this group of log cabins will be gone. However, there will be more log cabins on the market that should offer similar appealing financials.

Exceptional Setting of Smoky Mountain Log Cabins.

Millions come annually to the holiday attractions of Sevier County, Tennessee, and they continue to come. The number of vacationers to this destination has held up well during the recession. They may not spend as much as in the past, but they do have to spend on a place to stay, and log cabins are a part of that sector. The Great Smoky Mountains National Park is the most visited national park in the nation. A lot of cabin properties are next to, or are very near, the park. Dollywood, the exceptional theme park, is located in Pigeon Forge. In fact, the Dollywood theme park won the 2010 Applause Award, which was received by Dolly Parton in Orlando in November 2010. The county abounds with restaurants, entertainment locations, and shopping opportunities for just about everything, and has all you want in terms of mountains, lakes, golf courses, and parks to allow visitors to get outdoors and enjoy hiking, rafting, boating, fishing, or just picnicking. So, any log cabin investment you make is going to be protected substantially by the wonderful gift of nature that exists and the outstanding investments people have made in the area.

The Great Smoky Mountains region is a place of magnificent beauty, gracious neighbors, low cost of living and sensible government. It really is the perfect location to work, raise a family, retire, and just simply enjoy life. This place is a little slower, a whole lot friendlier, not as restrictive, and way lower when it comes to taxes. If you enjoy mountains and lakes, along with first class attractions, you should enjoy coming to the Great Smokies for your holidays. If you like it enough, it may make sense to acquire your own cabin and, in reality, “Own your own Vacation”. You can purchase your log cabin at this time while prices are low, put it on a rental program, and allow it help pay for itself. Eventually, you may well move in permanently, or just for a season, while you try the place on for size, or look for your final residence in the mountains.

A Great Smoky Mountains log cabin investment is easy to carry out.

Buying a log cabin is actually similar to purchasing a home, either primary or second – you have the cabin inspected, obtain a loan or pay with cash, and the cabin is yours! You will have normal utilities just like any other house. You will have to perform some standard upkeep and maintenance. You can place your log cabin in a rental program if it not situated in a resort with a Home Owners Association that takes care of maintenance. There is always obtainable a management organization to take care of cabin maintenance, either the rental company, the homeowner’s association, or a maintenance business.

Now, what about renting your log cabin if you purchase one? Nearly all owners select a cabin rental company to perform this for them. The rental company typically equips the cabin with sheets, towels and consumables such as soap and paper towels and napkins. The rental company also advertises your cabin, books reservations, performs all the billing, check-in and check-out, cleans the property, and gets it prepared for the next tenant.

What about wear and tear on the rental cabin? Many new owners will be anxious about harsh treatment of their log cabin by renters; but, in actuality, there are few problems with damage. Most tenants that come to visit here have paid good funds to do so – they look forward to enjoying “their” log cabin, and they like being in it and everything about it. Therefore, they generally take decent care of your log cabin while they are here. Also, log cabins age gracefully – the timber logs and interior decoration of the cabins wear well.

A log cabin investment is an attractive opportunity, notwithstanding the economy.

A log cabin is indeed an investment you may want to explore at this time, despite the protracted healing of the economy. As I have noted, there are several factors why they are appealing right now as an investment- low cost, rentals holding strong, and location in a well-liked holiday destination. A log cabin investment in the Great Smoky Mountains region is an opportunity you might want to research at this time, despite the protracted restoration of the economy.

Log cabins are coming to the marketplace regularly, and are being offered at very appealing prices. Deborah Korlin, real estate broker and co-owner of Century 21 MVP in Sevierville, Tennessee, is very familiar with the home and log cabin investment market in Tennessee, especially in the Great Smoky Mountains. She is, consequently, a very good source of information and expertise. Get more facts on real estate investment possibilities and available real estate in the Great Smoky Mountains and Knoxville, Tennessee by contacting Deborah using the contact form on this site or call 865-765-6157.

Log Cabin in Great Smoky Mountains

Log Cabin in Pigeon Forge, Tennessee area.  Priced at $199,900.   And $150,000 under original appraisal.   This log cabin, built in 2008, will be a great investment at a great price.   FANTASTIC VIEWS FROM EVERY ROOM–Private, Park-like setting in gated community.   All stainless-steel appliances, gleaming tongue and groove interior finish throughout, ceramic tile,  hot tub with view of mountains, 3 master suites each having its own floor- 2 Whirlpool tubs.  Washer/Dryer.   Fully outftted and furnished with nothing left out. Great true second home or rental cabin.

This is one of our very best deals is a short sale— on Wildcat Ridge.  2352 Sq.Ft-3 bedrooms, 3 baths and furnished.   At this price the cabin should make money—it comes fully furnished nothing to do!

Check out this great buy in a mountain log cabin.  Contact me by email or at 865-765-615

7 for any questions you may have or to see the cabin.

Log Cabin Living Area

Log Cabin Kitchen

Porch of log cabin

Master Bedroom

Upper Deck with Cathedral Ceiling

Foreclosures and short sales coming out a few at a time this month– about 12 good ones… about 4 of those already gone…  begining to see a few good buys from just distressed sellers that are not foreclosures this could be a better deal- -in that the furniture is usually of high quality and very often remains with the sale…also you have the appliances in tact.

Contact me by email or at 865-765-6157 for any questions you may have or to see these cabins.

The details of these cabins can be seen from links on this page of the Great Smoky Mountains MLS.

All these cabins are a short sale– bought new at $430,000…. For the one on Headrick, the lead bank has already approved- so could close quickly- great view cabins with lots of sqft (2352 sqft) for the money– you could not build these cabins and furnish them for this short sale price… should do well on rental program ($45,000 annual rental potential)- this is at the level that these will pay for themselves with rental proceeds.

Three bedroom, three bath log-look, private, park-like setting. Gleaming tongue and groove throughout, hot tub with view of mountains, Great true second home or place on rental program. This property is being sold as a SHORT SALE. The bank’s loss is your gain.

Short Sale Log Cabins

Contact me by email or at 865-765-6157 for any questions you may have or to see these cabins.

Dining Living Area of Short Sale Cabin

Master Bedroom of Short Sale Cabin

Porch of Short Sale Cabin

For full utilization of my services, please sign up for me to be your preferred agent at the Century 21 MVP website.  (Click here for my agent page at Century 21 MVP website.)  Click on the box that says “sign up for property updates from me”.  That will take you to a page where you may select me as your preferred agent in the box on the right side of the page.

That will enable me to follow your interests and take a personal, professional interest in representing you.

Our agency has a website with capability of searching all multiple listed property in East Tennessee.  I can help you with those searches or for property anywhere, even that not listed. Sign up with me at my property organizer webpage on Century 21 MVP, and select me for property updates.  That will take you to a page where you may select me as your preferred agent in the box on the right side of the page.

Contact me by email or at 865-765-6157 for any questions you may have.

Register with my blog

To comment on posts and pages, register with my blog here or at the bottom right.