859 Great Smoky Way Way
Gatlinburg, TN, 37738 $ 1,385,000
Bedrooms5 Baths5.0 Sq 3,483 Monthly Estimate*
$ 9,205
for $1,385,000 with 5 bedrooms and 5 full baths. This 3,483 square foot home was built in 2006.
Location, Location, Location. Projected Income 110K-140K. Smoky Mountain Lodge rests on one of the better, more private lots in Gatlinburg Falls Hidden Valley Resort, which is one of the most popular family resorts in the area with 2 swimming pools, exercise room and conference room, right in Gatlinburg, with wide paved streets, beauful landscaping, no steep narrow winding roads to get there and just a few minute drive to downtown, Great Smoky Mountain National Park and Ober Gatlinburg plus just a 5 mile drive thru the beauful Parkway to Pigeon Forge. Cabin is all wood inside and out, well maintained and stained by the Owner, and features a large open kitchen/dining/living area; which has 2 leather sleepers, a large comfortable glider and a matching plush chair. Cozy and great for the adults to enjoy while the kids hang out in the large game room and 15 seat theater room below. All 5 bedrooms have king beds plus ensuite bathrooms, one is located on the lower level with the game room and theater room, one on the main level and three on the upper level, one of which has a bunk bed for the young ones, There also is another bunk bed in the convenient open area on the upper level. The large dining table seats 12 plus there are 6 bar stools. The three level full width decks are all covered, tree shaded and private to enjoy. On a new Management program with $110,000 - $115,000 projected in rental income. Must remain on the current program for 60 days. Great, well maintained investment opportunity in a popular, well established resort in Gatlinburg, close to everything you go there to see and do. Nothing to do, just start making money.
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FeaturesGeneralSewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher Dryer Electric Range Microwave Refrigerator Washer
Exterior Features Rain Gutters
Zoning R-1
HOA 600.0
Garage Spaces 0.0
Association Fee Includes Cable TV Internet Maintenance Grounds Sewer Water
Patio/Porch Features Covered Deck
Architectural Style Cabin Log
Pool Features Community Hot Tub In Ground
Construction Materials Block Frame Log Log Siding
Year Built 2006
Levels Tri-Level
Property SubType Single Family Residence
Tax Year 2023
Current Use Investment
Community Features Fitness Center Pool
Assoc Fee Paid Per Monthly
County Sevier
New Construction N
Property Type Residential
Association Amenities Clubhouse Pool
HOA / Comm Assn Y
Attached Garage N
Subdivision Name Gatlinburg Falls
Garage Y/N N
Total Rooms 0
Status Active
Directions Hwy. 321 to L. on Dudley Creek Rd. to L. at 3-way stop to immediate R. on Hidden Valley Rd. to L. on Gatlinburg Falls Blvd. to R. on Great Smoky Way to first Cabin on your Left
City Gatlinburg
Association Name Gatlinburg Falls
View Y/N N
MLS Area Gatlinburg
Lot Size Square Feet 0.0
Waterfront Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3434.0
Home Warranty Y/N N
MLS Area Minor Gatlinburg
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 107
Senior Community None
Occupancy Either
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InteriorBasement Finished Full
Flooring Carpet Wood
Total Fireplaces 2
Fireplace Features Electric
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds
Fireplace Y/N Y
Above Grade Finished Area 2322.0
Full Baths 5
Half Baths 0
Total Bedrooms 5
Below Grade Finished Area 1161.0
Electric On Property Y/N N
Total Baths 5
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ExteriorWater Source Public
Lot Size Area 0.0
Spa N
Building Area Total 3483.0
Lot Size Acres 0.0
Open Parking Y/N N
Horse Y/N N
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* Excluded FeaturesList ByIrena.McCoy@yahoo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,205
- Monthly Property Taxes
- $286
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Gatlinburg, TN
Average List Price $1,039,111
Percent of Sale Price 25%
About Gatlinburg, TN 4,111 Population
22% Since 2002
$ 38,723 Median Income
45.09 Median Age
13% Households with Children
Trends Information provided by ATTOM Data Solutions.
2009826 Elementary School
2009827 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/11/2024 | $1,385,000 | | Listed Price |