Gatlinburg, TN 37738,1119 Anastasia WAY
Gatlinburg, TN 37738,1119 Anastasia WAY
Gatlinburg, TN 37738,1119 Anastasia WAY
Gatlinburg, TN 37738,1119 Anastasia WAY
Gatlinburg, TN 37738,1119 Anastasia WAY
Gatlinburg, TN 37738,1119 Anastasia WAY
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Listed by Jay Fradd • Smoky Mountain Real Estate Cor

$1,165,000

$1,200,000

2.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

6 Baths

3,512 SqFt


SOLD DATE : 01/31/2023

Key Details

Sold Price $1,165,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 3,512 sqft

Price per Sqft $331

Subdivision Laurel Estates

MLS Listing ID 255045

Sold Date 01/31/23

Style Chalet,Cottage,Craftsman

Bedrooms 4

Full Baths 4

Half Baths 2

HOA Fees $300/mo

HOA Y/N Yes

Abv Grd Liv Area 2,348

Originating Board Great Smoky Mountains Association of REALTORS®

Year Built 2017

Annual Tax Amount $2,793

Tax Year 2022

Property Description

Hilltop Haven is an incredible opportunity to purchase a prime location, well producing short term rental cabin in Gatlinburg! In 2021 the property grossed $165,260.90 (not including cleaning fees, taxes, etc). Equating to a 7.26 Gross Rental Multiplier (GRM) - among the best you'll see in our area. Driving the stellar rental income is its private indoor pool, theater room, and impeccable location in Gatlinburg with the Arts & Crafts Community. The four bedroom, four bath property is well maintained, appointed and decorated. The floor plan lends itself very well to short term rental. The lower level consists of the indoor pool room (with half bath & laundry), theater room, and a bedroom with full bath. On the main level you're welcomed to a large great room area, ample kitchen, half bath, and bedroom with en suite bath. The upstairs features two bedrooms, each with their own private bath along with a large game room/rec room area. The layout enables separating of groups well, while still allowing great common room access for all. The exterior is low maintenance cement board (Hardie Board) siding, saving many thousands of dollars during ownership compared to the regular staining of log cabins or wood sided cabins. Additionally, the covered porch area is much larger than the vast majority of short term rental properties in our area, offering a wonderful outdoor living experience. Being located in the Gatlinburg City Limits, the property has the rare situation of being a short term rental on city water and sewer, so you don't have to worry about well issues or septic failures. The combination of incredible amenities (private indoor pool, theater room, etc) and the extremely convenient location to downtown Gatlinburg makes this property a winner to add to your short term rental portfolio!

Location

State TN

County Sevier

Zoning R-2

Direction From Gatlinburg past the spur turn left onto Dudley Creek Bypass. Go 1.0 mile then turn right to stay on Dudley Creek Rd. Then in 0.5 miles turn left onto East Parkway (321). Travel 1.3 miles and turn left onto Glades Road. In 0.8 miles turn right onto Laurel Lane. Follow the one way road and turn left on to Anastasia Way once you enter the resort. Property is located at 1119 Anastasia (Cabin Name: Hilltop Haven). Lot #9

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan(s), Great Room, High Speed Internet

Heating Central, Electric, Heat Pump

Cooling Central Air, Electric, Heat Pump

Flooring Wood

Fireplaces Number 2

Fireplaces Type Gas Log

Fireplace Yes

Window Features Double Pane Windows,Window Treatments

Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features Driveway, Paved

Pool Hot Tub, In Ground, Private

Amenities Available Clubhouse, Pool

Roof Type Composition

Street Surface Paved

Porch Covered, Patio, Porch

Garage No

Building

Sewer Public Sewer

Water Public

Architectural Style Chalet, Cottage, Craftsman

Structure Type Cement Siding,Frame

Others

Security Features Smoke Detector(s)

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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