$530,000
$515,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,012 SqFt
SOLD DATE : 12/23/2024
Key Details
Sold Price $530,000
Property Type Single Family Home
Sub Type Cabin
Listing Status Sold
Purchase Type For Sale
Square Footage 1,012 sqft
Price per Sqft $523
Subdivision Black Bear Falls Phase 2
MLS Listing ID 303862
Sold Date 12/23/24
Style Cabin,Log
Bedrooms 2
Full Baths 2
HOA Fees $230/mo
HOA Y/N Yes
Abv Grd Liv Area 1,012
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2005
Annual Tax Amount $1,883
Tax Year 2023
Lot Size 435 Sqft
Acres 0.01
Property Description
This meticulously maintained 2-bedroom, 2-bathroom cabin in the prestigious Black Bear Falls Resort offers an exceptional investment opportunity in the heart of Gatlinburg. Perfectly located within city limits and just 10 minutes from downtown, this property combines convenience, charm, and strong rental performance to appeal to both investors and guests alike.
The cabin's cathedral ceilings in the living area create a spacious and inviting atmosphere, complemented by tasteful Smoky Mountain décor that resonates with vacationers seeking an authentic mountain retreat. The main level features a cozy living room, a full bathroom, and a well-appointed bedroom, while the upper level boasts a private master suite with a full bathroom, offering an ideal layout for short-term rental guests.
The property is equipped with all city utilities, ensuring reliable service and efficient operations. Additionally, there are no management restrictions, providing investors with the flexibility to self-manage or hire professional rental management to maximize income. Financials, including income and expense details, are available in the MLS documents for your review.
Black Bear Falls Resort is known for its pristine landscaping, well-maintained amenities, and easy access to Gatlinburg's top attractions, making it a favorite among travelers. The cabin is easy to show, giving you a seamless opportunity to view this outstanding investment property.
Whether you're looking to expand your portfolio or enter the short-term rental market, this turn-key cabin is ready to generate consistent rental income while offering a memorable Smoky Mountain experience for guests. Schedule your showing today to explore this prime investment opportunity!
Location
State TN
County Sevier
Zoning city
Direction From Gatlinburg head east on 321 to a left at light 2A (Dudley Creek/Ridge Rd) to a quick right on Cartertown Rd. Follow for 1.2 miles to Black Bear Falls on your left.
Rooms
Basement Crawl Space
Interior
Interior Features Cathedral Ceiling(s), High Speed Internet, Kitchen/Dining Combo
Heating Heat Pump
Cooling Heat Pump
Flooring Carpet, Hardwood
Fireplaces Number 1
Fireplaces Type Gas Log
Fireplace Yes
Appliance Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Microwave Range Hood Combo, Refrigerator, Washer
Laundry Laundry Closet, Main Level
Exterior
Exterior Feature Rain Gutters
Parking Features Asphalt, Driveway, Off Street, On Site
Utilities Available Cable Connected, Electricity Connected, High Speed Internet Connected, Internet Connected, Sewer Connected, Water Connected
Amenities Available Pool
Roof Type Metal
Street Surface Paved
Porch Covered, Porch
Road Frontage City Street
Garage No
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Cabin, Log
Structure Type Log,Log Siding
New Construction No
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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