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Key Details
Sold Price $575,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,664 sqft
Price per Sqft $345
Subdivision Gatlinburg Falls
MLS Listing ID 241468
Sold Date 08/23/21
Style Cabin,Log
Bedrooms 2
Full Baths 2
HOA Fees $261/mo
HOA Y/N Yes
Abv Grd Liv Area 1,664
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2004
Annual Tax Amount $1,043
Tax Year 2019
Property Description
Great STR opportunity in one of the most popular resorts in Gatlinburg. Gatlinburg Falls is located in the city limits of Gatlinburg and is just 10 minutes from downtown. This cabin is a money maker. From May - December 2020 the cabin grossed around 45k. Cabin is projected to generate right at $60,000 in gross rents this year, 2021. This cabin has 2 full bedrooms featuring king size beds along with full bath rooms. Cabin has wood floors and tile though-out. No carpeting here. The main level offers the living room with stone fireplace, full kitchen with plenty of cabinet and storage space with combo dining area. This level also features one bedroom with private fireplace. Upstairs has an additional living space with no shortage of amenities. This open area has an additional living room, pool table, 2 different multi-cade consoles, and a wet bar that offers a microwave, small refrigerator, and bar sink. The master bedroom suite is located upstairs as well with large bathroom and jacuzzi tub. Back deck provides additional seating and a hot tub. Cabin was completely stained in April 2020, HVAC unit in 2020, washer/dryer combo in July 2020, and new Rheem Marathon water heater in 2019.
Location
State TN
County Sevier
Zoning R-1
Direction From Gatlinburg take Parkway toward River Rd , 0.3 mi , Keep left to stay on US-441 / US-321 / TN-71 / TN-73 / Parkway , 0.7 mi , Turn right onto Dudley Creek Rd , 1.1 mi , Turn right onto Hidden Valley Rd , 0.2 mi , Turn left onto Houser Rd , 177 ft , Road name changes to Gatlinburg Falls Way , 0.3 mi Property will be on the corner.
Rooms
Basement Crawl Space, None
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Soaking Tub, Wet Bar
Heating Central, Electric, Heat Pump
Cooling Central Air, Electric, Heat Pump
Flooring Wood
Fireplaces Number 2
Fireplaces Type Electric
Fireplace Yes
Window Features Window Treatments
Appliance Dishwasher, Disposal, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway, Paved
Pool Hot Tub, Private
Utilities Available Cable Available
Amenities Available Pool
View Seasonal
Roof Type Composition
Street Surface Paved
Porch Deck
Road Frontage City Street
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Cabin, Log
Structure Type Block,Frame,Log,Log Siding
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Ken Herod
Broker | License ID: 359218 - Tennessee
Broker License ID: 359218 - Tennessee