$1,190,000
Gatlinburg, TN 37738
MLS# 1262335
Status: Pending - Continue to Show
3 beds | 2448 sqft
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Property Description
Luxury Investment Opportunity! Welcome to this stunning 3-bedroom cabin, with 180 degree mountain views, completed in 2022 and located in the desirable Chalet Village POA. The sunrise from the cabin will impress anyone and make for an unforgettable stay. This upscale property is close to Gatlinburg and all it has to offer, it features 3 king master bedrooms, including a spacious Master Suite upstairs, as well as as King Master Suite and additional King Bedroom on the main-level. The open-concept great room is furnished with plenty of seating, including a sleeper sofa, a fully stocked kitchen, coffee bar, floor to ceiling stacked stone fireplace, even electronic blinds and access to the deck and outdoor areas. Upstairs, a large loft game room features a pool table, shuffleboard, arcade game, and sleeper sofa. Outside, there's ample parking for up to four vehicles, a secluded patio with a hot tub, outdoor seating, and a beautiful propane fire pit seating area. Both the fire table and fire pit are connected to a large propane tank, eliminating the need for tank swaps. The deck offers comfortable seating and a propane fire table, perfect for relaxing and taking in the surroundings. As part of the Chalet Village POA, guests enjoy access to multiple outdoor pools, tennis courts, and clubhouse amenities. This luxury cabin has a proven track record as a successful short-term rental, with $141,500 in revenue for 2023 and $124,000 for April through December in 2022.
Details
Maps
Location, Tax & Legal Info
House #: 839
Street Name: Chestnut
St Suffix: Drive
State/Province: TN
Zip Code: 37738
Property Sub-Type: Residential
Area: Sevier County - 27
City/County Code: County
PIN #: 126B A 012.00
Subdivision: Chalet Village North
Total Tax: 2870.02
Geo Lat: 35.725408
Geo Lon: -83.535307
Contract Info
Auction Y/N: No
Listing Price: 1190000
Current Price: $1,190,000
Status: Pending - Continue to Show
Listing Date: 2024-05-09
Cooperation Comp: 2.5
Compensation Type: %
Occupancy: Either
Gross Amount Year 1: 141500
Gross Amount Year 2: 124000
General Property Description
Type: 1 1/2 Story
Acres: 0.58
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 2448
SqFt - Main Lvl: 1487.5
SqFt - 2nd Flr Lvl: 960.5
# Bedrooms: 3
Baths - Full: 3
# of Rooms: 5
Fireplace: Yes
# Fireplace: 1
Property Status: N/A
HOA: Mandatory
HOA Fee: 45
HOA Freq: Monthly
HOA Contact: cvowners@aol.com
Year Built: 2022
Bonus Room: Yes
Remarks & Misc
Directions: From the Spur, turn right on Wiley Oakley and follow for about 1.5 miles, stay to the right and turn onto N Woodland Dr, follow .2 miles then left onto Chestnut. Follow for about .2 miles and take Driveway on the right, at top of driveway turn left and look for 839 on your left. Driveway is shared with other cabins.
Public Remarks: Luxury Investment Opportunity! Welcome to this stunning 3-bedroom cabin, with 180 degree mountain views, completed in 2022 and located in the desirable Chalet Village POA. The sunrise from the cabin will impress anyone and make for an unforgettable stay. This upscale property is close to Gatlinburg and all it has to offer, it features 3 king master bedrooms, including a spacious Master Suite upstairs, as well as as King Master Suite and additional King Bedroom on the main-level. The open-concept great room is furnished with plenty of seating, including a sleeper sofa, a fully stocked kitchen, coffee bar, floor to ceiling stacked stone fireplace, even electronic blinds and access to the deck and outdoor areas.
Upstairs, a large loft game room features a pool table, shuffleboard, arcade game, and sleeper sofa. Outside, there's ample parking for up to four vehicles, a secluded patio with a hot tub, outdoor seating, and a beautiful propane fire pit seating area. Both the fire table and fire pit are connected to a large propane tank, eliminating the need for tank swaps. The deck offers comfortable seating and a propane fire table, perfect for relaxing and taking in the surroundings.
As part of the Chalet Village POA, guests enjoy access to multiple outdoor pools, tennis courts, and clubhouse amenities. This luxury cabin has a proven track record as a successful short-term rental, with $141,500 in revenue for 2023 and $124,000 for April through December in 2022.
Status Change Info
Status Change Date: 2024-05-14
Under Contract Date: 2024-05-14
Property Features
Atchd/Dtchd Type: Detached
Style: Cabin
Construction: Frame
Siding: Wood
Garage/Parking: Designated Parking; Main Level; Off-Street Parking
Basement: Crawl Space
Lot Description: Other
View: Mountain View
Fireplace: Stone; Electric
Floors: Hardwood; Vinyl
Fuel: Electric; Propane
Heat: Central; Heat Pump
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Disposal; Dryer; Gas Grill; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer
Sewer: Septic Tank
Water: Public
Other Rooms: Bedroom Main Level; Family Room; Great Room; Mstr Bdrm Main Level
Misc Features: Cathedral Ceiling; Hot Tub; Internet Available; Island in Kitchen; Walk-in Shower; Washer/Dryer Connect; Wired for Internet
Exterior Features: Deck; Patio; Porch - Covered
Dining Area: Kitchen/Dining Rm Co; Living Rm/Dining Rm
Community Amenities: Club House; Swimming Pool; Tennis Courts
Association Fee Incl: All Amenities
Showing: See Agent Instructns
New Financing: Cash; Conventional; Exchange; New Loan
Listing Office: eXp Realty, LLC
Office Phone: 888-519-5113
Last Updated: May - 14 - 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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