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    531 Gatlin Drive

    Gatlinburg, TN 37738
    • $849,900
    • STATUS: Active Under Contract
    • ON SITE: 30 Days
    • ID#: 245136
    Under Contract
    UPDATED: 43 min ago
    $849,900
    • 5
      BEDS
    • 0.57
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,808
      SQFT
    • $303
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2000
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Cabins For You Realty.


    Description

    Don't miss this one! Same owner for the last fifteen years. It has been making great revenue and has many recent upgrades. This would be a great home or a great investment property. It's location off of Hwy 321 is very close to downtown Gatlinburg and all it has to offer. This 2,800 sq ft home has five bedrooms and three full bathrooms. The common indoor and outdoor areas are perfect for entertaining or for family gatherings. Recent upgrades include a complete high end staining of the outdoor areas, new tile floors in all bathrooms, new pool table felt, new televisions, landscaping stones, and appliances and wood floors in the den are around five years old. The property has been well-maintained and most of the furniture will stay with the home. Step out onto the decks of this Gatlinburg cabin and breathe in the fresh Smoky Mountain air. Spend time here as you have a meal at the table, enjoy your morning coffee in the chairs, or soothe your tired muscles in the hot tub. The wooded surroundings and distant mountain views will leave you wanting to call this place home. Current revenue sits at $75,000 including upcoming reservations. 53 "owner nights for renovations and upgrades in 2021 and further outstanding open dates could have yielded an additional $20-25k. This can be a $90-100K gross annual income property, as a pure investment property. Link to Property Management website for Unforgettable: https://www.cabinsforyou.com/unforgettable.htm.

    Monthly Payment Calculator

    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Century 21 Legacy. Information deemed reliable but not guaranteed. Last updated 2021-10-22T21:15:35.26.
    www.smokymountainhomesearch.com/homes/121627214
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    531 Gatlin Drive Gatlinburg, TN 37738

    • Price: $849,900
    • Status: Active Under Contract
    • Updated: 43 min ago
    • ID#: 245136
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.57
    Acres
    2,808
    SQFT
    $303
    $/SQFT
    2000
    Built
    Neighborhood:
    Montgomery Woods Addn 3
    County:
    Sevier
    Area:
    Gatlinburg
    Property Description
    Don't miss this one! Same owner for the last fifteen years. It has been making great revenue and has many recent upgrades. This would be a great home or a great investment property. It's location off of Hwy 321 is very close to downtown Gatlinburg and all it has to offer. This 2,800 sq ft home has five bedrooms and three full bathrooms. The common indoor and outdoor areas are perfect for entertaining or for family gatherings. Recent upgrades include a complete high end staining of the outdoor areas, new tile floors in all bathrooms, new pool table felt, new televisions, landscaping stones, and appliances and wood floors in the den are around five years old. The property has been well-maintained and most of the furniture will stay with the home. Step out onto the decks of this Gatlinburg cabin and breathe in the fresh Smoky Mountain air. Spend time here as you have a meal at the table, enjoy your morning coffee in the chairs, or soothe your tired muscles in the hot tub. The wooded surroundings and distant mountain views will leave you wanting to call this place home. Current revenue sits at $75,000 including upcoming reservations. 53 "owner nights for renovations and upgrades in 2021 and further outstanding open dates could have yielded an additional $20-25k. This can be a $90-100K gross annual income property, as a pure investment property. Link to Property Management website for Unforgettable: https://www.cabinsforyou.com/unforgettable.htm.
    Exterior Features

    Access Paved Construction Log Exterior Features DeckWoodedGuttersPrivate Yard Foundation Basement Garage Capacity 0.00 Garage Type None Roof Metal Style Log

    Interior Features

    Appliances DryerRefrigeratorWasherMicrowaveMicrowave/Range Hood ComboDishwasherSmoke Detector Attic Access Only Basement Finished-All Bonus Rooms No Cooling Central Electric Fireplace Gas Log Heating Central Interior Features FurnitureRecreation RoomWood FloorsCathedral CeilingLarge Master BedroomCeiling Fan(S)LoftHi-Speed InternetSolid Surface Countertops Sq Ft Above Grade 1728 Sq Ft Finished Basement 1080 Sq Ft Unfinished Basement 0 Stories Three Or More

    Property Features

    Annual Tax 1433.00 Construction Type Site Built District 11 Hoa YN No Lot Block Unit 1 Miscellaneous Hot TubPrivateCable TvMountain View Occupancy Either Owner Financing No Proposed Financing CashConventional1031 Exchange Rental Rental History Residential Type Single Family Restrictive Covenants Yes Sewer Public Sewer Tax Year 2019 Water Utility Zoning R-1 Zoning Entity Gatlinburg

    Copyright 2021 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Cabins For You Realty | Office Phone: 0 .

    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Century 21 Legacy. Information deemed reliable but not guaranteed. Last updated 2021-10-22T21:15:35.26.
     
    https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_3_245136-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_3_245136-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_3_245136-2.jpg
    Logo
    Century 21 Legacy
    3224 East Parkway Gatlinburg
    Gatlinburg TN, 37738
    Listing courtesy of Cabins For You Realty.