$1,790,000
Gatlinburg, TN 37738
MLS# 1251975
4 beds | 3065 sqft
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Property Description
$180,000 worth of bookings so far in 2024! Three income producing cabins just off the Gatlinburg Bypass! Introducing a rare opportunity to own an enchanting small cabin village strategically positioned just 5 minutes above downtown Gatlinburg and 5 minutes to the national park entrance. This collection of three cabins benefits from an exceptional location while presenting a rare investment opportunity with the potential to generate three times the rental income of a single home purchase. Designed to accommodate a total of 14 guests, these cabins sleep your visitors comfortably in beds across the three units. At the heart of each cabin is its kitchen, with beautiful granite countertops that elegantly complement the rustic décor. The kitchens feature an island with barstool seating, inviting you to gather around and share stories while preparing meals. Equipped with stainless steel appliances, they combine both functionality and modern style. Indulge in the enormous tile showers with waterfall faucets, offering a spa-like experience to your guests. The inclusion of tankless water heaters ensures a consistent and efficient supply of hot water for the utmost convenience. High-quality luxury vinyl plank flooring graces each cabin, creating a rustic, modern aesthetic. Each cabin boasts a like-new construction. The back decks of these cabins are true havens of relaxation. Spanning over 800 sq ft combined, they provide captivating views while maintaining the privacy. Enjoy the warmth of the outdoor fireplaces, sink into the cozy outdoor couches, and unwind in the soothing hot tub while catching up on your favorite TV shows under a starlit sky. The Village at Statham Way harmoniously blends rustic cabin charm with modern conveniences. This unique offering ensures you can experience the tranquility of nature without sacrificing the comforts of modern luxurious living.
Details
Maps
Location, Tax & Legal Info
House #: 921,22,27
Street Name: Statham
St Suffix: Way
State/Province: TN
Zip Code: 37738
Property Sub-Type: Residential
Area: Sevier County - 27
City/County Code: City Limits
PIN #: 126 003.06
Subdivision: Statham Enterprises Pud
Total Tax: 3839.63
Geo Lat: 35.715455
Geo Lon: -83.526956
Contract Info
Auction Y/N: No
Listing Price: 1790000
Current Price: $1,790,000
Status: Active
Listing Date: 2024-02-07
Cooperation Comp: 2.5
Compensation Type: %
Occupancy: Either
Gross Amount Year 1: 219000
Gross Amount Year 2: 162000
General Property Description
Type: Ranch
Acres: 0.01
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 3065
SqFt - Main Lvl: 3065
# Bedrooms: 4
Baths - Full: 4
# of Rooms: 10
Fireplace: Yes
# Fireplace: 7
Property Status: N/A
HOA: No
Year Built: 2019
Bonus Room: No
Extra Storage: No
Remarks & Misc
Directions: From Exit 407: Tak SR 66 towards Gatlinburg for about 9 miles, turn right onto Parkway Go 11 miles and take the Gatlinburg By Pass when the road splits to the right, Go 1.8 miles on the By Pass and turn left onto Campbell Lead Rd, Go 300 ft and take a left onto Statham Way. The three cabins are at the end of Statham Way at the Cul-De-Sac.
Public Remarks: $180,000 worth of bookings so far in 2024! Three income producing cabins just off the Gatlinburg Bypass! Introducing a rare opportunity to own an enchanting small cabin village strategically positioned just 5 minutes above downtown Gatlinburg and 5 minutes to the national park entrance. This collection of three cabins benefits from an exceptional location while presenting a rare investment opportunity with the potential to generate three times the rental income of a single home purchase.
Designed to accommodate a total of 14 guests, these cabins sleep your visitors comfortably in beds across the three units.
At the heart of each cabin is its kitchen, with beautiful granite countertops that elegantly complement the rustic décor. The kitchens feature an island with barstool seating, inviting you to gather around and share stories while preparing meals. Equipped with stainless steel appliances, they combine both functionality and modern style.
Indulge in the enormous tile showers with waterfall faucets, offering a spa-like experience to your guests. The inclusion of tankless water heaters ensures a consistent and efficient supply of hot water for the utmost convenience. High-quality luxury vinyl plank flooring graces each cabin, creating a rustic, modern aesthetic. Each cabin boasts a like-new construction.
The back decks of these cabins are true havens of relaxation. Spanning over 800 sq ft combined, they provide captivating views while maintaining the privacy. Enjoy the warmth of the outdoor fireplaces, sink into the cozy outdoor couches, and unwind in the soothing hot tub while catching up on your favorite TV shows under a starlit sky.
The Village at Statham Way harmoniously blends rustic cabin charm with modern conveniences. This unique offering ensures you can experience the tranquility of nature without sacrificing the comforts of modern luxurious living.
Status Change Info
Status Change Date: 2024-02-07
Property Features
Atchd/Dtchd Type: Detached
Style: Cabin; Log
Construction: Frame
Siding: Log; Wood
Garage/Parking: Off-Street Parking
Basement: Crawl Space
Lot Description: Cul-De-Sac; Irregular Lot; Rolling Slope; Zero Lot Line
View: Mountain View; Wooded
Fireplace: Gas Log; Gas
Floors: Vinyl
Fuel: Propane
Heat: Central
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dryer; Microwave; Range; Refrigerator; Tankless Wtr Htr; Washer
Sewer: Septic Tank
Water: Public
Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level
Misc Features: Cathedral Ceiling; Hot Tub; Island in Kitchen; Walk-in Shower; Whirlpool Tub
Exterior Features: Balcony; Deck; Porch - Covered
Dining Area: Kitchen/Dining Rm Co
New Financing: Cash; Exchange; Other
Listing Office: The Ferguson Company
Office Phone: 865-690-1300
Last Updated: June - 21 - 2024
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