Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer�s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.

Executive Real Estate Title will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before July 21st, 2025.

The contract will not be contingent upon financing, inspections or any other contingencies.

Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder�s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder�s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!

Cabin & 5+/- Acres | 1140 River Divide Road � Sevierville, TN 37876 ONLINE ONLY REAL ESTATE AUCTION BIDDING BEGINS TO CLOSE: Friday, June 20th at 12:00PM � Noon (ET) OPEN HOUSE: Thursday, June 12th from 2:00-4:00PM (ET) SERENE WOODLAND HIDEAWAY WITH PROVEN RENTAL INCOME PROPERTY HIGHLIGHTS: Charming 953+/- SF cabin built in 2005 situated on an expansive 5.05� acres Established overnight rental with current & future bookings Development opportunity with pre-approved second cabin site with all utilities on site Prime location minutes from Smoky Mountain attractions COZY MOUNTAIN LIVING Experience the ideal mix of rustic charm and modern comfort in this inviting woodland cabin. The open-concept floor plan showcases a warm and welcoming living area centered around a striking wood-burning stone fireplace�perfect for crisp mountain evenings. The smooth flow between the living room, dining area, and kitchen creates a cozy, functional space that�s perfect for everyday living or a successful vacation rental. THOUGHTFUL DESIGN The main level includes a spacious bedroom with generous closet space and direct access to the large outdoor deck. A well-designed bathroom features a walk-in shower. Upstairs, a loft-style second bedroom currently offers two queen beds�great for hosting guests. Outdoor living shines with a covered front porch, a spacious side deck, and a lower deck complete with a fire pit�ideal for enjoying the quiet natural setting. SPECTACULAR SETTING The cabin is approached through a peaceful cleared meadow that opens to lush surrounding woods. Enjoy privacy while still having convenient access, thanks to a well-maintained, well-lit driveway that enhances both safety and ease of entry. INVESTMENT POTENTIAL Currently operating as a high-performing vacation rental with consistent income (YTD January to May 19th reservations totaling $9,920.00 and additional future bookings of $23,488.45 as of 05/19/2025). A cleared pad is already in place with Sevier County approval and septic permitting�ready for a second cabin to be built with all utilities on site, offering immediate potential to expand your rental portfolio and increase returns. PRIME LOCATION Ideally situated just off New Era Road, offering quick and convenient access to: Exit 407 � 20 minutes Downtown Sevierville � Under 10 minutes Pigeon Forge � Less than 15 minutes Gatlinburg � 25 minutes Tanger Outlets � 10 minutes This rare opportunity pairs the tranquility of mountain living with strong, tangible investment value in one of Tennessee�s most sought-after vacation markets. YEARLY PROPERTY TAXES: $536.50 � Sevier County only YEAR BUILT: 2005 LOT SIZE: 5.05+/- acres