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Key Details
Sold Price $2,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,399 sqft
Price per Sqft $454
MLS Listing ID 301577
Sold Date 11/13/24
Style Cabin
Bedrooms 8
Full Baths 8
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 2,933
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2024
Annual Tax Amount $36
Tax Year 2023
Lot Size 3.350 Acres
Acres 3.35
Property Description
Fantastic Investment Opportunity, 8 bedroom 9 bathroom pool lodge with sprinkler system minutes from downtown Gatlinburg and the Great Smoky Mountains National Park! This cabin is across from popular Gatlinburg Mills Park. This is the hot spot for the best of the best vacations! We do not have many 8 bedroom lodges in the rental pool for our area; perfect for families, traveling teams and reunions, corporate retreats and wedding parties. Tasteful finishes all throughout this carefully designed floor plan to maximize rental income and longevity. Located in the backyard of Rocky Top Sports World, this spot is unbeatable! Projected to do at least $300k a year incredible opportunity of value!! Professionally furnished top to bottom with top notch furniture, full stocked kitchen, turnkey and ready to go! City utilities, and insulated concrete log look siding for easy ownership and maintenance! As you enter the cabin on the main level you will walk into the kitchen and living room, two master suites and 1/2 bathroom with a stacking laundry closet adjacent. Upper level features five bedrooms with private bathrooms,1 of the 5 being a dedicated bunk bed room! Lower level has a movie lovers theater room next to the pool room with a massive game room makes for the perfect entertaining vacation! There is a sister lodge for sale with similar finishes for sale next door, check out 317 Proffitt Rd Gatlinburg, one or BOTH will make for an incredible addition to an investment portfolio.
Location
State TN
County Sevier
Zoning R1
Direction From downtown Gatlinburg head Northeast towards Rocky Top Sports World, Turn left onto Proffitt Rd, At the traffic circle, take the 3rd exit and stay on Proffitt Rd, cabins will be on your left - see newly paved driveway. These are across th street from Mills Park - Field 7. https://maps.app.goo.gl/fH63DH6izFtRfqV68
Interior
Interior Features Granite Counters, Kitchen Island
Flooring Luxury Vinyl, Tile
Fireplaces Number 1
Fireplaces Type Electric
Fireplace Yes
Appliance Dryer, Electric Cooktop, Microwave, Refrigerator, Washer
Laundry Main Level
Exterior
Parking Features Asphalt
Pool Indoor
Utilities Available Electricity Connected, High Speed Internet Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Metal
Road Frontage City Street
Garage No
Building
Lot Description Views
Story 3
Sewer Public Sewer
Water Public
Architectural Style Cabin
Structure Type Cement Siding,Fiber Cement,Stucco
New Construction No
Others
Security Features Fire Sprinkler System
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