519 Edgewood Drive, Gatlinburg, TN 37738

$950,000 Asking Price

2 beds
3 baths
2,184  sqft
Built in 2020

Investment Opportunity: Smoky Mountain Cabin with Proven Rental Success Discover this charming 2-bedroom, 2.5-bathroom cabin nestled in the heart of Gatlinburg, generating an impressive gross rental income of $100,000 per year for the last three years. Built in 2020, this property offers a solid investment for those seeking a reliable rental income stream. While the cabin is in need of updates, its potential shines through with features like three spacious decks that provide stunning views of the surrounding mountains, along with multiple living areas ideal for relaxation and entertainment. Enjoy the cozy ambiance created by the cathedral ceilings and a fireplace in the great room, perfect for creating memorable experiences. The kitchen is equipped with ample cabinet space, granite countertops, and stainless-steel appliances, offering a great foundation for future enhancements. The bathrooms feature custom cabinets and attractive tilework, ready for your personal touch. Conveniently located just minutes from Downtown Gatlinburg, Pigeon Forge, and the Great Smoky Mountains National Park, this cabin is perfectly positioned for both relaxation and adventure. Take advantage of this lucrative investment opportunity and unlock the full potential of this well-performing rental cabin! Contact us today for more information or to schedule a private showing.

Features & Amenities

Interior

General:
Cathedral Ceiling(s)
Appliances:
Dishwasher, Microwave, Range, Refrigerator, Smoke Detector, Washer
Basement:
Finished
Flooring:
Vinyl
A/C:
true, Central Cooling
Heating:
true, Central, Electric
Fireplace:
Electric, Fireplaces: 3

Exterior

General:
Porch - Covered
Style:
Cabin, Chalet
Parking:
Designated Parking, Main Level

Construction

General:
Frame

Location

HOA Amenities:
484.0, Yearly
Originating MLS:
East Tennessee REALTORS® MLS
County:
Sevier County - 27

Lot

Zoning:
126B C 028.00

Utilities

Water:
Public
Sewer:
Septic Tank

Financial

Source:
East Tennessee REALTORS® MLS

This listing courtesy of:
Keller Williams West Knoxville

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: