859 Great Smoky Way, Gatlinburg, TN 37738

$1,195,000 Asking Price

5 beds
5 baths
3,483  sqft
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, beautiful 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 beauful 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. The Best Buy in GATLINBURG FALLS Resort!

Features & Amenities

Interior

General:
Cathedral Ceiling(s)
Appliances:
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Laundry:
Laundry Closet
Basement:
Basement, Finished, Full
Flooring:
Carpet, Wood
A/C:
true, Central Air, Electric
Heating:
true, Central, Electric
Fireplace:
Electric, Fireplace, Fireplaces: 2

Exterior

General:
Rain Gutters
Style:
Cabin, Log
Pool:
Community,Hot Tub,In Ground

Construction

Roofing:
Composition
Windows:
Blinds
General:
Block, Frame, Log, Log Siding, Tri-Level

Location

Road/Access:
Paved
HOA Amenities:
Clubhouse, Pool, Cable TV, Internet, Maintenance Grounds, Sewer, Water, 600.0, Monthly
Golf:
Fitness Center, Pool
Originating MLS:
Great Smoky Mountains Association of REALTORS®
County:
Sevier

Lot

Zoning:
R-1, 001.00
Current Use:
Investment

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Great Smoky Mountains Association of REALTORS®

This listing courtesy of:
Century 21 MVP

About Gatlinburg, TN

Housing

Number of Units
5,691
Median Home Value
$223,661
Median Rent
$636

29.55% of housing units are renter occupied.

65.74% are vacant.

Commute

Car
70.63%
Public Transportation
3.19%
Walk to Work
10.84%
Work from Home
13.79%
Other
1.30%

The median travel time to work is 18 minutes.

People

Population
4,427
Median Age
47.20
Median Household Size
2.42

Education

High School
30.68%
Associate’s Degree
7.74%
Bachelor’s Degree
15.58%
Graduate Degree
6.92%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: