737 Mountain Stream Way WAY new

Gatlinburg,TN 37738

$ 499900

3 Beds

3 Baths

2574 SqFt


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

View More
Favorite Go Tour