1763 Mountain Shadows WAY Active

Gatlinburg,TN 37738

$ 1195000

5 Beds

4 Baths

3167 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,167 sqft

Price per Sqft $377

Subdivision Mtn Shadow Resort

MLS Listing ID 305101

Style A-Frame,Cabin,Chalet,Cottage,Log

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Fees $55/mo

Year Built 2003

Annual Tax Amount $2,980

Tax Year 2023

Lot Size 2,178 Sqft

Property Sub-Type Single Family Residence

Property Description

Great investment opportunity! The last 2 years (2023 & 2024) average paid out revenue for this property was roughly $120k (Rent and cleaning fees only)!! Currently an active rental being self managed by the owner. With even more room to grow, see the rental revenue projections of $144,000 from Avada Properties in the listing pics.

This spacious sleep 12, 5 Bdr/3.5 bath cabin is in an absolute PRIME LOCATION within the Mountain Shadows Resort! Over 3,100+ SQFT of living space to spread out and enjoy and the Breath-Taking MOUNTAIN VIEWS off the back decks truly make this property a standout/highly desirable rental! ONLY a 10 minute easy/straight shot drive to downtown Gatlinburg!! Conveniently located near the main National Park entrance as well!!

This unit has an active STR permit in place from the city of Gatlinburg that is transferrable to the new owner.

Mountain Shadows Resort offers a large community pool for your guests to use as well as a playground for the kids to enjoy.

Additional perks include: Public sewer and City water so, no need to worry about well water or septic issues/maintenance here! Also, high speed Spectrum internet/cable is available too! Call and schedule your showing today!!

Drone photography has been used. All info is deemed reliable however, the buyer/buyers agent should verify anything of importance to them.

Location

State TN

County Sevier

Zoning c-2

Interior

Heating Central,Electric

Cooling Central Air

Flooring Plank

Fireplaces Number 2

Fireplaces Type Gas Log

Laundry Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Exterior

Parking Features Asphalt

Pool Association,In Ground,Outdoor Pool

Community Features Playground,Pool

Utilities Available Cable Available,High Speed Internet Available,Natural Gas Available

Amenities Available Pool

View Y/N Yes

View Mountain(s)

Roof Type Composition

Building

Lot Description Views

Story 3

Sewer Public Sewer

Water Public

Structure Type Block,Frame,Log Siding

New Construction No

Others

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

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