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Lola Animashaun

lolatherealtor@gmail.com +1(931) 225-9416

Listed by Michael Cole • Karen Whitlock Realty

$ 1,650,000

Est. payment | -/mo

8 Beds

7 Baths

7,254 SqFt

Save

$ 1,650,000

Est. payment | -/mo

Save

8 Beds

7 Baths

7,254 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 7,254 sqft

Price per Sqft $227

MLS Listing ID 3278467

Bedrooms 8

Full Baths 6

Half Baths 1

HOA Y/N No

Year Built 1980

Annual Tax Amount $3,970

Lot Size 2.830 Acres

Acres 2.83

Property Sub-Type Single Family Residence

Property Description

This property is a great investment opportunity! Three income producing dwellings on one parcel with a total of 8 BD's and 6.5 BA. Located just off of HWY 321 in Gatlinburg, less than 5 minutes to the main parkway in downtown and traveling the opposite direction, it is less than five minutes to the Rocky Top Sports Center. The main home, with over 5,700 sq ft, 5 spacious bedrooms and 4.5 baths feature open concept living room, family room, dining room and a super large 'chef's dream kitchen' which is fully equipped with stainless steel appliances (including a 6 burner, double oven gas range), granite countertops, and beautiful cabinetry on the main floor. Also, on the main level there is ensuite king bedroom featuring a fireplace, sitting area, wonderful bathroom with whirlpool tub and access to the porch area. The game room and other bedrooms are upstairs. Spacious porch areas with dining and relaxing furnishings, hot tub and heated pool. Just across from this home, is a recently renovated duplex featuring one 2BD/1BA unit and a 1BD/1BA unit each with private hot tub. Some furniture, furnishings, hot tubs, H&A units, some appliances, security system and more throughout all properties are just a few years old. There are so many features inside and out that make this property an excellent vacation destination for large groups, reunions or just a family getaway. An additional vacant parcel is included!! The location is wonderful. Very easy access and plenty of level parking spaces. It has utility water and sewer. It is doing well on the rental program! (The total number of BD's & BA's shown are for all three units as well as the total sq. ft. The main house has 5BD/4.5BA, 5,742 sq. ft. The duplex has a 1BD/1BA, 672 sq. ft. and a 2BD/1BA, 840 sq. ft.)
2025 Income: Total $171,520
*Main House $109,971
*1 BD Apt. $31,122
*2 BD Apt. $30,426

Location

State TN

County Sevier County

Rooms

Main Level Bedrooms 8

Interior

Interior Features Ceiling Fan(s), High Ceilings, Hot Tub, Walk-In Closet(s), High Speed Internet

Heating Central

Cooling Central Air, Electric

Flooring Carpet, Laminate, Luxury Vinyl, Tile

Fireplaces Number 3

Fireplace Y

Appliance Dishwasher, Dryer, Electric Range, Gas Range, Microwave, Refrigerator, Oven, Washer

Exterior

Exterior Feature Balcony

Pool In Ground

Utilities Available Electricity Available, Water Available

View Y/N false

Roof Type Shingle

Private Pool true

Building

Lot Description Private, Sloped, Wooded

Story 2

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding,Brick

New Construction false

Others

Senior Community false

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

751 Ridge Road Gatlinburg, TN 37738