510 Branson DR Active Save Request In-Person Tour Request Virtual Tour
Gatlinburg,TN 37738
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,820 sqft
Price per Sqft $384
Subdivision Ownby Hills
MLS Listing ID 308326
Style Ranch
Bedrooms 3
Full Baths 2
Year Built 1960
Annual Tax Amount $762
Tax Year 2024
Lot Size 0.460 Acres
Property Sub-Type Single Family Residence
Property Description
Positioned in the heart of the Gatlinburg Arts & Crafts Community, this one-level, three-bedroom home is more than just a retreat, it's an investment opportunity. With projected gross rental revenue of $75,000 annually for the house only and the adjacent 0.47 acre lot included in the sale, the upside here is undeniable. Zoned C-5 (Crafts Commercial District), the additional lot is buildable for commercial purposes or an additional residential property, giving buyers the flexibility to expand income potential, create a business space, or enhance outdoor amenities. A flat driveway with generous parking, a fenced yard, and a converted garage game room enhance both guest appeal and long-term value, making this property a smart addition to any short-term rental portfolio. As you arrive, you are welcomed by a striking hand painted three wall mural showcasing Gatlinburg, Pigeon Forge, and Sevierville attractions, a unique and immersive feature that sets this property apart.
Inside, enjoy a remodeled kitchen with stainless steel appliances and a spacious dining area with seating for eight. The open concept living room offers abundant natural light, and ample seating creating the perfect gathering space. The primary suite features a king bed, ensuite bath, walk in closet, and laundry area while two additional bedrooms provide plenty of sleeping space and storage.
One of the most exciting features is the garage that has been converted into a full game room, making this home a true entertainer's retreat. Nicknamed ''The Hideout'', this space is the perfect place to host family tournaments, rainy-day activities, or late-night gatherings without ever leaving the property.
Outdoor living includes a screened porch, stone patio with hot tub and Blackstone grill, and a lighted fire pit area with Adirondack chairs, ideal for relaxing evenings under the Smoky Mountain sky.
Recent improvements add even more value, including an expansion tank on the water heater, updated garage siding and wall, added gutters, secured crawlspace insulation and vapor barrier, GFCI receptacles, and a preventative termite baiting system.
With its prime location, unique features, and commercial zoned buildable lot, this home is a standout opportunity as a short term rental, vacation retreat, or primary residence.
Location
State TN
County Sevier
Zoning C5
Interior
Heating Central,Ductless,Electric
Cooling Central Air,Ductless,Electric
Flooring Luxury Vinyl,Tile
Laundry Laundry Closet
Exterior
Exterior Feature Lighting,Rain Gutters
Parking Features Driveway
Garage Spaces 2.0
Fence Privacy
Pool None
View Y/N No
Roof Type Metal
Building
Lot Description Cleared,Irregular Lot,Private
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,Other
Listing Terms 1031 Exchange,Cash,Conventional,Other