2666 Schisandra LN new

Cosby,TN 37722

$ 689000

3 Beds

5 Baths

5692 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,692 sqft

Price per Sqft $121

Subdivision Misty Acres

MLS Listing ID 1291381

Style Cabin

Bedrooms 3

Full Baths 3

Half Baths 2

Originating Board East Tennessee REALTORS® MLS

Year Built 2006

Lot Size 0.920 Acres

Acres 0.92

Property Sub-Type Single Family Residence

Property Description

Million Dollar Views - 2666 Schisandra Ln, Cosby, TN 37722

This turn-key, high-performing short-term rental offers a prime investment opportunity with breathtaking mountain views. Generating $75,000 in revenue in 2022 and $66,000 in 2023, this 4-bedroom, 5-bath cabin continues to produce strong returns. Under new management since February 17th, it generated $7,413 in the first month alone, with $5,000 net profit. Designed for both luxury and functionality, it features a hot tub, pool table, mini pool table, and $70,000 worth of High Country furniture. This property comes fully furnished, making it a seamless investment or personal retreat.

Spanning four levels, this immaculate retreat is nestled on the quiet side of the Smoky Mountains and designed to maximize the surrounding natural beauty. Upon entering from the main-level parking area, you are welcomed by an open living space featuring wood floors, a stone veneer gas fireplace with a flat-screen TV, and a wall of windows showcasing the stunning Smoky Mountain views. The adjacent dining area and fully equipped kitchen with high-end appliances provide a seamless space for entertaining. Also on the main level is the first master en-suite, a half bath, and a laundry room for added convenience.

The loft, with its panoramic mountain backdrop, is currently used as a sleeping area but offers versatility as a reading nook or game space. The second level is designed for entertainment, featuring a built-in bar with an ice maker and refrigerator, a pool table, and a cozy living area with a stone veneer fireplace and flat-screen TV. This level also includes a second en-suite, a third bedroom, and a full bath. A full deck extends from this level, offering the perfect space to enjoy the fresh mountain air.

The lowest level is fully finished and designed for entertainment and additional sleeping space. It includes a king bed, two twin-over-full bunk beds, a spacious living area, a ping pong table, and a foosball table. This level also features a second half-bath and provides direct access to the expansive, mostly level backyard—ideal for outdoor activities.

With stunning views of English Mountain and exceptional rental potential, this property is a rare opportunity to own a luxurious, fully furnished mountain getaway in one of East Tennessee's most desirable locations.

Location

State TN

County Cocke County - 39

Area 0.92

Rooms

Other Rooms Basement Rec Room, LaundryUtility, 2nd Rec Room, Bedroom Main Level

Basement Finished

Dining Room Eat-in Kitchen, Formal Dining Area

Interior

Interior Features Pantry,Walk-In Closet(s),Eat-in Kitchen

Heating Central,Propane

Cooling Central Cooling

Flooring Carpet,Hardwood

Fireplaces Number 1

Fireplaces Type Gas Log

Fireplace Yes

Appliance Dishwasher,Dryer,Microwave,Range,Refrigerator,Other

Heat Source Central,Propane

Laundry true

Exterior

Exterior Feature Deck, Porch - Covered

Parking Features Off-Street Parking

Garage Description Off-Street Parking

View Mountain View,Wooded

Garage No

Building

Lot Description Level,Rolling Slope

Faces From Dollar General on Cosby Hwy, head northeast toward Newport. Turn right onto Greasy Cove, then take another right onto Perilla Road, leading to Schisandra Ln.

Sewer Public Sewer

Water Well

Architectural Style Cabin

Structure Type Wood Siding,Frame

Others

Restrictions No

Tax ID 102M B 066.00

Energy Description Propane

Acceptable Financing Other,FHA,Cash,Conventional

Listing Terms Other,FHA,Cash,Conventional

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