$295,000
$299,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
703 SqFt
SOLD DATE : 08/01/2022
Key Details
Sold Price $295,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 703 sqft
Price per Sqft $419
Subdivision Deer Ridge Mtn Resort
MLS Listing ID 251708
Sold Date 08/01/22
Style Condominium
Bedrooms 2
Full Baths 1
HOA Fees $784/mo
HOA Y/N Yes
Abv Grd Liv Area 703
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 1986
Annual Tax Amount $310
Tax Year 2021
Property Description
Rare opportunity to own a turnkey condo with some of the most AMAZING views in all of Gatlinburg. Gross earnings on track to reach $68,000 in 2022. Already earned $30,000 this year with an additional $25,000 on the books. The $25,000 in reservations can be transferred to the new owner at close, making this an incredible deal at $299,000. For the 2nd year in a row, it has a superb occupancy rate of 96% with a guest rating of 4.94 out of 5 stars on Airbnb. This condo earns super host status continually, making it in high demand & rarely available. Grossed $63,000 in 2021. Accommodates 6 guests. Master bdrm w/king bed. The loft serves as a 2nd bdrm w/queen bed. There is also a sofa sleeper in the living room. Being a third-floor condo, there aren't any guests staying above you & each room offers an incredible mountain view. Guests love the fireplace & balcony. Deer Ridge Mountain Resort offers an indoor pool, hot tub, sauna, tennis courts, clubhouse, play area, and is close to the golf course. Being in the sought-after community of Cobbly Nob, the location is convenient to the National Park, Gatlinburg and Pigeon Forge! Newer HVAC & water heater. New within the last two years: stainless steel dishwasher & refrigerator, most furniture, 3 large streaming TV's, small appliances, kitchenware, & linens. All scenic pictures are from the condo. Owner is licensed Real Estate Broker in TN and GA. Photos courtesy of owner
Location
State TN
County Sevier
Zoning A-1
Direction From Downtown Gatlinburg take hwy 321 towards Cosby, travel an estimated 10 miles to a left turn left on Butler branch rd into the Village of Cobbly Nob, to deer path ln. then Weber rd on Left and follow the signs to Deer Ridge Mountain Resort. Building A
Rooms
Basement None
Interior
Heating Electric
Cooling Electric
Fireplaces Type Wood Burning
Fireplace Yes
Appliance Dishwasher, Electric Range, Microwave, Refrigerator
Exterior
Pool Private
Community Features Tennis Court(s)
Utilities Available Cable Available
Amenities Available Clubhouse, Pool, Tennis Court(s), Other
Roof Type Composition
Street Surface Paved
Porch Deck
Garage No
Building
Sewer Public Sewer
Water Other
Architectural Style Condominium
Structure Type Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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