Gatlinburg, TN 37738,531 Gatlin Dr DR
Gatlinburg, TN 37738,531 Gatlin Dr DR
Gatlinburg, TN 37738,531 Gatlin Dr DR
Gatlinburg, TN 37738,531 Gatlin Dr DR
Gatlinburg, TN 37738,531 Gatlin Dr DR
Gatlinburg, TN 37738,531 Gatlin Dr DR
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$891,500

$849,900

4.9%
Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

2,808 SqFt


SOLD DATE : 11/12/2021

Key Details

Sold Price $891,500

Property Type Single Family Home

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Square Footage 2,808 sqft

Price per Sqft $317

Subdivision Montgomery Woods Addn 3

MLS Listing ID 1168225

Style Cabin,Log

Bedrooms 5

Full Baths 3

Year Built 2000

Lot Size 0.570 Acres

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. It's location is great, off of Hwy 321 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. Step out onto the decks of this Gatlinburg cabin and breathe in the fresh Smoky Mountain air. Spend tim 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. Link to Property Management website for Unforgettable: https://www.cabinsforyou.com/unforgettable.htm.

Location

State TN

County Sevier County - 27

Area 0.57

Rooms

Family Room Yes

Other Rooms Basement Rec Room, Family Room

Dining Room Eat-in Kitchen

Interior

Heating Central, Electric

Cooling Central Cooling, Ceiling Fan(s)

Flooring Carpet, Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Gas Log

Exterior

Exterior Feature Porch - Covered, Deck

Parking Features Other

Garage Description Other

View Mountain View

Building

Lot Description Wooded, Level

Sewer Public Sewer

Water Public

Structure Type Log

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Cabins For You Realty
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308 N. Peters Road Suite 225, Knoxville, TN, 37922

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