$792,500
$839,900
5.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,997 SqFt
SOLD DATE : 01/17/2023
Key Details
Sold Price $792,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,997 sqft
Price per Sqft $396
Subdivision Hemlock Hills Pud
MLS Listing ID 253768
Sold Date 01/17/23
Style Cabin,Log
Bedrooms 3
Full Baths 3
HOA Fees $175/mo
HOA Y/N Yes
Abv Grd Liv Area 1,229
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2005
Annual Tax Amount $1,236
Tax Year 2019
Property Description
"Misty Morning Lodge" checks all the boxes to create a terrific short term rental cabin and investment. The property includes some of the best furnishings and decor you'll see in a cabin, a custom theater room, upscale baths, spectacular game room, and so much more! The cabin has shined as a rental cabin grossing $70,886 in 2021 and $70,014 in 2020. These figures are strictly rental rate (no taxes or cleaning fees included). Part of the reason it excels as a rental cabin is the impeccable location. It is less than 10 minutes to downtown Gatlinburg, located in the highly sought after Gatlinburg Arts & Crafts Community. You are just a minute or two to numerous craft shops and unique stores. Additionally, you can go back roads to avoid traffic and travel to Pigeon Forge with ease. Want to go to the National Park? That's just a few minutes away at the Greenbier Entrance. There are so many upgrades on this cabin. Too many to list. Including being very well maintained with recent updates such as hot tub, gutter guards, tankless water heater, dishwasher, microwave, cabin stained about 6 months ago, and the list goes on. The furniture and decor is several notches above your typical cabin in the area. Overall, this cabin excels in so many facets. It has all city utilities and includes water and sewer (included within the HOA fees) for easy and reliable service.
Location
State TN
County Sevier
Zoning R-1
Direction From Gatlinburg at intersection of the Parkway and 321 East, take 321 East and travel 2.7 miles to Glades road. Turn left onto Glades Road. Continue 1.7 miles on Glades Road and turn right onto Proffitt Road. Continue on Proffitt Road to your first right and turn right onto Glory Ridge Way. Continue on Glory Ridge Way continuing around the big right hand curve. See the cabin on your right 742 Glory Ridge. Cabin name is \"Misty Morning Lodge\"
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet
Heating Electric, Heat Pump
Cooling Heat Pump
Flooring Wood
Fireplaces Number 2
Fireplaces Type Gas Log
Fireplace Yes
Window Features Window Treatments
Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Garage Driveway, Paved
Pool Hot Tub
Utilities Available Cable Available
Waterfront No
Roof Type Composition
Street Surface Paved
Porch Covered, Porch
Road Frontage Private Road
Parking Type Driveway, Paved
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Cabin, Log
Structure Type Log,Log Siding,Wood Siding
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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