Pat McCollum Can Help You Purchase This Home

Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Pat McCollum is here to help!

116 Cave Creek Way, Townsend, 37882

Priced At: $1,390,000

Property Details for ID: 1275901

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SqFt: 3,600
Price SqFt: $386
Total Bedrooms: 7
Full Baths: 7 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2024-09-09T18:52:41Z
Subdivision: Black Bear Hollow

Public Remarks: Seller will carry a note on the property with 65% down at 6% interest with a balloon payment due at the end of 2 years. This private 5 acre estate features 3 separate cabins on one tax lot! Five total acres with a creek that runs by 2 of the Cabins. If you ever wanted your own private compound, here it is. Located just 5 min from Wears Valley and 10 min to Townsend, this wonderful one of a kind property is truly amazing! The 1st cabin, Black Bear Mountain features 4 bedrms, 4 baths. The 2nd cabin, Black Bear Creek, is a 2 bedrm, 2 bath cabin and the 3rd cabin, Black Bear Cave, is a 1 bedrm and 1 bath that is secluded, private and sits next to the creek. Only 20 min to Pigeon Forge and stop #3 on the Parkway. All cabins feature Hot Tubs & private views. Both 2020 & 2021 gross income were over $200K The 5 acres also includes a large Barn and shed. All 3 cabins have 4 year old HVACs. Seller just spent $30,000 on the well! One of a kind estate! Call for details!

Schools Information

Elementary School: ********
Middle / Junior School:
High School:

Building Description

Building Style: Cabin, Log
Type: 2 Story
Site Built: Yes
Year Built: 2000
Total Rooms: 15
SqFt (Total): 3,600
SqFt (Main Lvl): 3,188
SqFt (2nd Flr Lvl): 412
Full Baths: 7
1/2 Baths: 0
Fireplace: Yes
Bonus Room: Yes
Basement: No
Basement Type: Crawl Space

  Exterior Features

Features: Deck, Patio, Porch - Covered, Windows - Vinyl
Construction: Frame, Log

  Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer

  Room Dimensions

  Interior Features

Floors: Carpet, Hardwood, Tile
Misc Features: Hot Tub, Island in Kitchen, Pantry, Walk-in Closets, Walk-in Shower

  Property Details

Acreages: 5.06
Lot Description: Corner Lot, Irregular Lot, Wooded
View: Mountain View, Wooded, Other

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, New Loan

  HOA Information

Restrictions: No
HOA: No

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 3
Fireplace Type(s): Brick, Wood Burning
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Central, Heat Pump

Garage / Parking

Garage Spaces, Off-Street Parking, Other

  Community Features

Outbuildings


Presented By: / Knox Realty

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Directions: Directions: From the Parkway (US-441) in Pigeon Forge, turn at Traffic Light #3 onto WEARS VALLEY RD. Drive approximately 11 miles to RIGHT on CAVE CREEK WAY in the BLACK BEAR HOLLOW resort. Follow through the gates. Cabin names are Bear Creek, Bear Cave and Bear Mountain



Your commute

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