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Gatlinburg,TN 37738
Key Details
Property Type Single Family Home
Sub Type Cabin
Listing Status Active
Purchase Type For Sale
Square Footage 2,574 sqft
Price per Sqft $194
Subdivision Gatlinburg Falls
MLS Listing ID 308064
Style Cabin,Log
Bedrooms 3
Full Baths 3
HOA Fees $347/mo
Year Built 2003
Annual Tax Amount $3,576
Tax Year 2024
Lot Size 435 Sqft
Property Sub-Type Cabin
Property Description
Welcome to Gatlinburg Falls, seize this thrilling investment opportunity with incredible mountain views of Mt. Leconte. Previously fetching $975K, this property needs exterior and interior repair due to unfortunate damage. Last winter's freeze burst the refrigerator's water tube, causing a leak that flooded the main level for a month, damaging floors and the bottom level ceiling, and leading to mold throughout these areas. Local contractors and mold removal companies have confirmed it's definitely repairable. Positioned in a stunning mountain setting minutes from downtown Gatlinburg, shopping, entertainment, and the National Park, the resort features a clubhouse, a splendid outdoor pool, a kiddy pool, and a hot tub. This cabin, sleeping 12, is brimming with amenities including a hot tub, three fireplaces, a pool table, air hockey, foosball, with entertainment just an arm's reach away. Some furniture may be compromised by mold. Experience awe-inspiring mountain views through expansive glass walls or from one of three vast decks. The layout boasts a large master bedroom and great room on the main level, a game room, bunk beds, and another bedroom with a bath upstairs, plus a flexible lower level with a full bath, currently arranged as a bonus living and gaming area with extra bunk beds. Sold ''As Is'', this cabin melds luxury and entertainment in an unparalleled location, marking a remarkable opportunity for investors. (foreclosure property)
Location
State TN
County Sevier
Zoning R 1
Interior
Heating Central,Electric,Heat Pump
Cooling Central Air
Flooring Carpet,Hardwood,Tile
Fireplaces Number 3
Fireplaces Type Gas Log
Laundry Laundry Closet
Exterior
Exterior Feature Rain Gutters,Other
Parking Features Driveway
Community Features Clubhouse,Fitness Center,Playground,Pool,Other
Utilities Available Cable Connected,Electricity Connected,High Speed Internet Connected,Internet Connected,Sewer Connected,Water Connected,Other
Amenities Available Clubhouse,Maintenance Grounds,Management,Picnic Area,Pool,Recreation Facilities,Other
View Y/N Yes
View Mountain(s)
Roof Type Composition
Building
Lot Description Close to Clubhouse,Irregular Lot,Views,Other
Story 3
Sewer Public Sewer
Water Public
Structure Type Block,Log,Log Siding
New Construction No
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,Other
Listing Terms 1031 Exchange,Cash,Conventional,Other