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Gatlinburg,TN 37738
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 623 sqft
Price per Sqft $441
Subdivision Gatlinburg Summit
MLS Listing ID 305794
Style Condominium
Bedrooms 1
Full Baths 1
HOA Fees $393/mo
Year Built 2016
Annual Tax Amount $557
Tax Year 2024
Lot Size 435 Sqft
Property Sub-Type Condominium
Property Description
Welcome to your new mountain top oasis. This amazing studio and loft condo with full bathroom was built in 2016 and is the new kid on the block in the community. Equipped with sprinklers, this building boasts some of the lowest ownership costs in the community as everything around it is over 40 years older. This condo comes fully furnished and has some of the best views I have seen in a Condo. Sit on the private porch overlooking the valley of the City of Gatlinburg against the backdrop of the Great Smoky Mountain National Park or watch the Ober tram go up and down the mountain. The condo comes equipped and ready with two beds, sleeping 4 people, wonderful top of the line furniture and custom touches throughout the condo. This condo has been with the same owner since it was built in 2016 and has never been rented. The condo has an estimated rental income of 44K gross a year. The kitchen is small but mighty; equipped with an electric range, microwave, air fryer, toaster, refrigerator, and dishwasher. The condo has been maintained very well and custom touches like a true wood burning fireplace surrounded by granite that matches the kitchen counters, built in bookcase, and three closets for storage and organization. The HOA includes the use of indoor pool and hot tubs, an outdoor pool, an outdoor playground, and an arcade for owners or guests of owners during their stay. Do not pass on this opportunity to have a low-cost ownership condo that you can rent to pay the mortgage and use as a great place to have in The Smokies.
Location
State TN
County Sevier
Zoning C-2
Interior
Heating Central,Electric,Forced Air
Cooling Electric,Heat Pump
Flooring Carpet,Laminate
Fireplaces Number 1
Exterior
Parking Features Common
Pool Community,Hot Tub,In Ground,Indoor,Outdoor Pool
Community Features Pool
Amenities Available Clubhouse,Maintenance Grounds,Picnic Area,Pool,Recreation Facilities
View Y/N Yes
View Mountain(s)
Roof Type Composition
Building
Lot Description Close to Clubhouse
Story 2
Sewer Public Sewer
Water Public
Structure Type Fiber Cement,Frame
New Construction No
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional