$1,385,000 Price Analysis 859 Great Smoky WayGatlinburg, TN 37738 5 bed 5 bath 3,483 SqFt ($397/SqFt) Built 2006 Listed 2024-05-11, HOA $600 | May be USDA loan restricted due to income limits near Gatlinburg |
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 a few minute drive to downtown, Great Smoky Mountain National Park and Ober Gatlinburg plus 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 cha ir.
Cozy and exceptional 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 re 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, start making money.
Presented by Irena Mccoy at
CENTURY 21 MVP.
Property MLS #300961 from GreatSmokyMtns
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.