Looking for a cabin you can eventually make a retirement home? Hibernation Station could be the perfect place for you!
If you’ve been following our newsletter and blog articles the last couple of months, then you know the exciting news for us this year has been the new cabin construction getting started! If you are looking for a cabin in a brand new resort that can serve as a second home and eventually, a retirement home, then Hibernation Station is a resort you will want to consider.
Located near Wears Valley and Walden Creek, Hibernation Station will include as many as 30 cabins when it is completed. The great thing about this new resort is that the lots are very large, so the cabins built there won’t be “cookie cutter” designs. It’s still a bit cost prohibitive to build small cabins, but we have designs for 3, 4, 5, 6, 8, 10, and 12 bedroom cabins. We’re far enough long in the process that new buyers can tweak a few cabin floor plans that we have already built in other locations.
Also, because of the size of the lots, each cabin in Hibernation Station will have at least some privacy. You won’t see cabins right next to each other like you do in other traditional vacation resorts that specialize in overnight rentals. We’ve also made creating a resort where people can live if they choose to one of our top priorities. We’re including some unique amenities that are meant to appeal to owners in a way other cabins usually don’t, hint- think garages!!
You read that right – cabins in Hibernation Station will include a garage for people who plan to move into them at some point. They can be a great retirement home down the road, but you’ll be able to increase your rental income in the meantime while the garage is being utilized as a game room for your guests. In fact, if you just want to move in right away once it’s finished, you will be able to do that! Live it in for a few years and then rent it out if you prefer. Or make it your second home if you like. These cabins at Hibernation Station will be built with flexibility to meet several goals and change as the seasons of your life change.
Speaking of the game room, the amenities in these cabins at Hibernation Station will rival anything you might find in resorts like Black Bear Ridge – indoor pools (these are the biggest draw in vacation cabins right now), tongue and groove designs throughout, walls of glass, lots of use of log trim, etc. Furniture comes included in the new constructions and the décor will be the highest quality, with ceramic tile slate and rock mosaic showers. Hibernation Station cabins will generate as much in gross income as anything we’ve have built in other areas in Pigeon Forge and Gatlinburg. A three bedroom cabin is producing $80,000 and more!
Our builder for this resort is a well-known and well respected builder in our area. Mountain Cabin Builders LLC, founded by Jeff Harris, has been very beloved by many of our past clients who have had cabins built. They have asked Jeff to come back and create additions after their new home or cabin was finished. Jeff has been building homes and cabins in our area for almost 20 years and is a high caliber custom builder. We are very excited to be representing him on this project!
One other thing about Hibernation Station resort – we are building a spec cabin, which is very rare to be able to do these days. But because this is a new resort we want our potential buyers to have something they can see to help them visualize what their own cabin could look like when it is done.
You are going to find that building a new cabin is a bit more expensive than buying something already built, but many of our owners feel like the additional investment is worth it when they consider the rental incomes generated from a cabin designed for rentals. For these cabins, the personal touches we’re putting into them to serve as second or retirement homes is something you won’t find too much of in the Smokies. The bottom line is that new cabins outperform older cabins.
Our past clients who have transitioned to newly built cabins can testify to that. About half of our new construction cabin owners are not new to cabin ownership. They have done well with cabin rentals in the past and they see the potential in the new cabin construction so they have placed their older cabin on the market and used the proceeds to build a new one.
If you are a cabin owner and would like to find out if investing in new development by selling your current one is the right decision, we will be happy to give you some of the parameters we consider important when making that decision. Or, if you would just like to discuss the pros and cons of cabin building further give us a call and we will be happy to brainstorm with you. We have made new construction a specialty, despite the challenges! We will continue to focus on building and will be happy to share the good as well as the bad. New cabin building is not for everyone but for those it is right for there are definite benefits!