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Address Not Available By Request

Gatlinburg, TN 37738
  • $529,900
  • STATUS: Active Under Contract
  • ON SITE: 47 Days
  • ID#: 256814
Under Contract
$529,900
  • 4
    BEDS
  • 1.58
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,990
    SQFT
  • $177
    $/SQFT
Neighborhood:
N/A
Type:
Single-Family Home
Built:
1964
County:
Area:

School Ratings & Info

Listing courtesy of Tennessee Elite Realty.


Description

INVESTORS!! PRIME OPPORTUNITY ON THIS 4BR/2.5BA TO FIX AND FLIP OR CONVERT INTO A HIGH-INCOME PRODUCING LUXURY CABIN FOR OVERNIGHT RENTAL! SITTING ON 1.58 ACRES IN THE CITY LIMITS OF GATLINBURG, TN! Currently on well/septic, but water and sewer is available to give potential of increasing bedroom count and size for remodel into a modern-rustic cabin which is in high demand! The "in the mountain feel, unbeatable location, and privacy make this property one of a kind! This natural stone lodge is surrounded by beautiful land and a long paved driveway to enjoy the serene and peaceful setting. This would make a one of a kind overnight rental for large gatherings and once renovated could be an income producer since it already has a large area outside for a firepit and outdoor area., The interior of the home features a spacious living room with woodburning fireplace, Master Suite on the main level with private bathroom with walk in tiled shower that has already been updated previously, oversized kitchen area, and two additional bedrooms on the main level. Huge finished lower level (basement) previously used as an in law quarters with it own kitchen area , bathroom, bedroom, and great room perfect to make into a game room, with its own entrance, etc. There was a wood burning stove on lower level but it has been removed but potential to convert into a gas or electric fireplace Possibility to convert into a pool cabin by converting the attached garage into an indoor pool! Located right in the desirable arts and crafts area of Gatlinburg, TN and only minutes to shopping, dining, attractions, and close to Downtown Gatlinburg and the Great Smoky Mountains National Park entrance, etc. As you walk the land you will feel like you are in an enchanted forest with a private a serene setting taking in the beauty of being in the mountains with privacy, but yet so close to the action the area has to offer. Easily accessible location. Drone picture not indicative of view. Property is being sold AS IS. Home sold as it sits. Must see!

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Copyright 2023 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2023-06-05T07:37:01.943.
www.smokylistings.com/homes/138681882
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Address Not Available By Request Gatlinburg, TN 37738

  • Price: $529,900
  • Status: Active Under Contract
  • On Site: 47 Days
  • ID#: 256814
4
Beds
2
Baths
1
½ Baths
1.58
Acres
2,990
SQFT
$177
$/SQFT
1964
Built
Neighborhood:
N/A
County:
Sevier
Area:
Gatlinburg
Property Description
INVESTORS!! PRIME OPPORTUNITY ON THIS 4BR/2.5BA TO FIX AND FLIP OR CONVERT INTO A HIGH-INCOME PRODUCING LUXURY CABIN FOR OVERNIGHT RENTAL! SITTING ON 1.58 ACRES IN THE CITY LIMITS OF GATLINBURG, TN! Currently on well/septic, but water and sewer is available to give potential of increasing bedroom count and size for remodel into a modern-rustic cabin which is in high demand! The "in the mountain feel, unbeatable location, and privacy make this property one of a kind! This natural stone lodge is surrounded by beautiful land and a long paved driveway to enjoy the serene and peaceful setting. This would make a one of a kind overnight rental for large gatherings and once renovated could be an income producer since it already has a large area outside for a firepit and outdoor area., The interior of the home features a spacious living room with woodburning fireplace, Master Suite on the main level with private bathroom with walk in tiled shower that has already been updated previously, oversized kitchen area, and two additional bedrooms on the main level. Huge finished lower level (basement) previously used as an in law quarters with it own kitchen area , bathroom, bedroom, and great room perfect to make into a game room, with its own entrance, etc. There was a wood burning stove on lower level but it has been removed but potential to convert into a gas or electric fireplace Possibility to convert into a pool cabin by converting the attached garage into an indoor pool! Located right in the desirable arts and crafts area of Gatlinburg, TN and only minutes to shopping, dining, attractions, and close to Downtown Gatlinburg and the Great Smoky Mountains National Park entrance, etc. As you walk the land you will feel like you are in an enchanted forest with a private a serene setting taking in the beauty of being in the mountains with privacy, but yet so close to the action the area has to offer. Easily accessible location. Drone picture not indicative of view. Property is being sold AS IS. Home sold as it sits. Must see!
Exterior Features

Access City StreetPaved Construction Stone Exterior Features Surfaced DriveWooded Foundation Basement Garage Capacity 2.00 Garage Type Attached Roof Composition Style CabinChaletCottageRanch

Interior Features

Attic None Basement FinishedFullWalk-Out Access Bedroom2 Level First Bedroom3 Level First Bedroom4 Level Basement Bonus Rooms No Cooling Central AirElectricHeat Pump Fireplace Wood BurningOne Heating CentralElectricHeat Pump Interior Features Great RoomIn-Law FloorplanLarge Primary BedroomW/D Connection Master Bedroom Level First Sq Ft Above Grade 1809 Sq Ft Finished Basement 1181 Sq Ft Unfinished Basement 269 Stories One

Property Features

Annual Tax 634.53 Construction Type Site Built District 02 Hoa YN No Lot Block Unit 2 Miscellaneous PrivateSeasonal View Occupancy Either Owner Financing No Proposed Financing CashConventional Rental Off Site Residential Type Single Family Restrictive Covenants No Sewer Septic SystemSeptic Permit Not Found Tax Year 2019 Water Utility AvailableWell Zoning R-1 Zoning Entity Gatlinburg

Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Tennessee Elite Realty | Office Phone: 8652804922 .

Copyright 2023 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2023-06-05T07:37:01.943.
 
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Colonial Real Estate
1380 Dolly Parton Parkway
Sevierville TN, 37862
Listing courtesy of Tennessee Elite Realty.