$1,050,000
$1,149,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
5 Baths
2,993 SqFt
SOLD DATE : 08/19/2024
Key Details
Sold Price $1,050,000
Property Type Single Family Home
Sub Type Cabin
Listing Status Sold
Purchase Type For Sale
Square Footage 2,993 sqft
Price per Sqft $350
Subdivision Limberlost
MLS Listing ID 301922
Sold Date 08/19/24
Style A-Frame,Cabin,Chalet
Bedrooms 4
Full Baths 5
HOA Y/N No
Abv Grd Liv Area 1,902
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 1972
Annual Tax Amount $2,697
Tax Year 2023
Lot Size 1.100 Acres
Acres 1.1
Property Description
Fantastic lodge with epic views and an outdoor pool! This huge chalet is a proven rental machine with revenues ranging from $135-199k in RENTS ONLY over the past three years! Gather in the large great room, where a wall of windows overlooks the pool and a view of the national park. Or spread out across the multiple additional spaces: a large loft, big game room, second kitchenette, there's even a bonus room perfect for a small theater or arcade! Currently set up to sleep 17, the four bedrooms and five full bathrooms let everyone have their own space. And then there's the outdoors - the large pool deck is newly rebuilt and reinforced, the pool has a brand new liner, and the 2-year-old hot tub overlooks the view. There's also a large, rolling yard with multiple spots to relax in, along with tons of level parking! This one is truly unique and a fantastic investment opportunity. STR permit was applied for prior to June 30 with an occupancy of 17.
Location
State TN
County Sevier
Zoning R-1
Direction From 321, East Parkway in Gatlinburg, turn LEFT on Glades Road. LEFT on Powdermill Road to first LEFT on Johns Branch. Follow to RIGHT on Tanrac Trl, follow road up to property on RIGHT.
Rooms
Basement Finished, Walk-Out Access
Interior
Interior Features Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Great Room, Living/Dining Combo
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Hardwood, Tile, Vinyl
Fireplaces Number 2
Fireplaces Type Wood Burning
Fireplace Yes
Appliance Dishwasher, Dryer, Electric Range, Microwave, Microwave Range Hood Combo, Refrigerator, Washer
Laundry Lower Level
Exterior
Garage Driveway, Gravel, Off Street, Oversized
Fence Fenced
Pool Hot Tub, In Ground, Outdoor Pool, Private, Vinyl
Waterfront No
View Y/N Yes
View Mountain(s)
Roof Type Composition
Street Surface Paved
Porch Deck
Road Frontage County Road
Parking Type Driveway, Gravel, Off Street, Oversized
Garage No
Building
Lot Description Gentle Sloping, Private, Views, Wooded
Story 3
Sewer Septic Tank
Water Well
Architectural Style A-Frame, Cabin, Chalet
Structure Type Frame,Wood Siding
New Construction No
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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