$2,390,000
Gatlinburg, TN 37738
MLS# 1260321
8 beds | 7254 sqft
1 / 60
Property Description
This is truly an investor's dream—this property has it all—three income producing, completely renovated properties all in one, plus an additional parcel!! First is the majestic custom home with over 5,700 square feet featuring five spacious bedrooms and 4.5 baths, impressive game room, hot tub and a private outdoor heated in-ground pool. The main floor has an open concept living room, family room, dining room and a super large ''chef's dream kitchen'' which is fully equipped with stainless steel appliances (including a 6 burner, double oven gas range), granite countertops, and beautiful cabinetry. Ensuite king bedroom on main floor includes fireplace, sitting area, wonderful bathroom with whirlpool tub. The game room and other bedrooms are upstairs Next is a completely renovated duplex featuring one 2BD/1BA unit and a 1BD/1BA unit each with private hot tub. All new luxury furniture, furnishings, hot tubs, H&A units, some appliances, security system and more throughout all properties. There are so many features inside and out that make this property an excellent vacation destination for large groups, reunions or just a family getaway. The location is wonderful—just 1.5 miles from downtown Gatlinburg. Very easy access and plenty of level parking spaces. (The total number of BD's & BA's are for all three units as well as the total sq. ft. Main house has 5BD/4.5BA, 5,742 sq. ft. Duplex has a 1BD/1BA, 672 sq. ft. and a 2BD/1BA, 840 sq. ft. ) Gross rental income for 2023 $264K!
Details
Maps
Location, Tax & Legal Info
Street #: 751
Street Name: Ridge
St Suffix: Rd
State/Province: TN
Zip Code: 37738
Property Sub-Type: Residential
Area: Sevier County - 27
Parcel ID: 127A A 045.01 and 127A A 045.00
Total Tax: 2424.61
Geo Lat: 35.727838
Geo Lon: -83.490536
Contract Info
Listing Price: 2390000
Current Price: $2,390,000
Status: Active
Listing Date: 2024-04-23
Cooperation Comp: 2
Compensation Type: %
General Property Description
Acres: 2.87
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
Total SqFt: 7254
SqFt - Main Lvl: 5384
SqFt - 2nd Flr Lvl: 1870
# Bedrooms: 8
Baths - Full: 6
Baths - 1/2: 1
# of Rooms: 17
Fireplace: Yes
# Fireplace: 3
Property Status: N/A
HOA: No
Year Built: 1980
Bonus Room: No
Remarks & Misc
Public Remarks: This is truly an investor's dream—this property has it all—three income producing, completely renovated properties all in one, plus an additional parcel!! First is the majestic custom home with over 5,700 square feet featuring five spacious bedrooms and 4.5 baths, impressive game room, hot tub and a private outdoor heated in-ground pool. The main floor has an open concept living room, family room, dining room and a super large ''chef's dream kitchen'' which is fully equipped with stainless steel appliances (including a 6 burner, double oven gas range), granite countertops, and beautiful cabinetry. Ensuite king bedroom on main floor includes fireplace, sitting area, wonderful bathroom with whirlpool tub. The game room and other bedrooms are upstairs Next is a completely renovated duplex featuring one 2BD/1BA unit and a 1BD/1BA unit each with private hot tub. All new luxury furniture, furnishings, hot tubs, H&A units, some appliances, security system and more throughout all properties. There are so many features inside and out that make this property an excellent vacation destination for large groups, reunions or just a family getaway. The location is wonderful—just 1.5 miles from downtown Gatlinburg. Very easy access and plenty of level parking spaces. (The total number of BD's & BA's are for all three units as well as the total sq. ft. Main house has 5BD/4.5BA, 5,742 sq. ft. Duplex has a 1BD/1BA, 672 sq. ft. and a 2BD/1BA, 840 sq. ft. ) Gross rental income for 2023 $264K!
Status Change Info
StatusChangeDate: 2024-04-23
Property Features
Atchd/Dtchd Type: Detached
Style: Chalet
Construction: Frame
Siding: Brick; Wood
Garage/Parking: Main Level; Off-Street Parking
Basement: Crawl Space; Slab
Lot Description: Wooded
View: Wooded
Fireplace: Gas Log; Stone; Ventless
Floors: Carpet; Laminate; Tile; Vinyl
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Dryer; Gas Grill; Gas Stove; Microwave; Range; Refrigerator; Security Alarm; Self Cleaning Oven; Smoke Detector; Washer
Sewer: Public Sewer
Water: Public
Misc Features: Cathedral Ceiling; Hot Tub; Internet Available; Walk-in Closets; Whirlpool Tub
Exterior Features: Deck; Fence - Chain; Pool - Swim (Ingrnd); Porch - Covered; Windows - Vinyl
Dining Area: Eat-in Kitchen; Formal Dining Area
Community Amenities: Swimming Pool
Showing: See Agent Instructns
New Financing: Cash; Conventional
Listing Office: Karen Whitlock Realty
Office Phone: 865-774-4848
Last Updated: April - 24 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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