$1,750,000
$1,999,999
12.5%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
13 Baths
8,500 SqFt
SOLD DATE : 02/24/2022
Key Details
Sold Price $1,750,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 8,500 sqft
Price per Sqft $205
Subdivision Limberlost
MLS Listing ID 245070
Sold Date 02/24/22
Style Chalet,Cottage
Bedrooms 10
Full Baths 12
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 6,400
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 1976
Annual Tax Amount $2,724
Tax Year 2019
Lot Size 3.000 Acres
Acres 3.0
Property Description
This property consists of three homes with 5 different overnight rentals. From 1/1/2021-11/22/2021 gross rentals are $320,689.63 with future rentals of $57,250 from 11/23/2021-12/30/2021. The main lodge has very beautiful mountain views. The seller has made several improvements including a hot-tub and ac unit in 2021 at the house has been added. The lodge has 2 water heaters installed in 2021. The cottage has a a/c installed in 2021. The lodge layouts consists of 5 bed/ 6 1/2 baths with 2 dens, 2 kitchens, 2 gas fireplaces, game room with pool table and arcade game and much more. The house on the far left is using as 3 separate rental units but can be used as one if you preferred. So many items to list and the mountain views are breathtaking. The lodge was built in 1976. The cottage and the house were built in 1987. All measurements and information was taken from the county tax records and the buyer should verify. All linens belonging to the cleaning company do not convey. There are 3 septic systems on the property that show a total of 10 bedroom. All buyers must be pre approved or have proof of funds before showing. In the lodge in the foyer the wood carved bear picture and one of the hanging brooms in the den do not convey.
Location
State TN
County Sevier
Zoning R-1
Direction From Gatlinburg turn at traffic light #3 onto Hwy 321 East Parkway. Follow and turn left onto Glades Rd. From Glades Rd. turn left onto Powdermill Rd. Turn left on Johns Branch Rd. then turn right onto Tanrac Trl. Follow to the top and property is on the right.
Rooms
Basement Basement
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Great Room, Soaking Tub
Heating Central, Electric, Heat Pump
Cooling Central Air, Electric, Heat Pump
Flooring Wood
Fireplaces Type Electric, Masonry
Fireplace Yes
Window Features Window Treatments
Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Garage Driveway, Paved
Pool Hot Tub
Waterfront No
View Y/N Yes
View Mountain(s)
Street Surface Paved
Porch Deck
Parking Type Driveway, Paved
Building
Lot Description Wooded
Sewer Septic Tank
Water Shared Well
Architectural Style Chalet, Cottage
Structure Type Wood Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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