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Nic Nicaud

[email protected] +1(865) 742-1312

Listed by Michael Cole • Karen Whitlock Realty

$ 2,199,000

Est. payment -/mo

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Price Dropped by $50K

751 Ridge RD Gatlinburg, TN 37738

8 Beds

7 Baths

7,254 SqFt

UPDATED:

02/21/2025 11:37 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 7,254 sqft

Price per Sqft $303

MLS Listing ID 304687

Style Chalet,Contemporary

Bedrooms 8

Full Baths 6

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 7,254

Originating Board Great Smoky Mountains Association of REALTORS®

Year Built 1980

Annual Tax Amount $2,514

Tax Year 2023

Lot Size 2.830 Acres

Acres 2.83

Property Sub-Type Single Family Residence

Property Description

Check out this investment property in a fantastic location—less that 5 minutes to the main parkway in downtown Gatlinburg and traveling the opposite direction, it is less than five minutes to the Rocky Top Sports Center. This property has so much to offer—three income producing, completely renovated properties all in one, plus an additional vacant parcel!! First is the majestic custom home with over 5,700 square feet featuring five spacious bedrooms and 4.5 baths, impressive game room, hot tub and a private outdoor in-ground heated pool. The main floor has an open concept living room, family room, dining room and a super large 'chef's dream kitchen' which is fully equipped with stainless steel appliances (including a 6 burner, double oven gas range), granite countertops, and beautiful cabinetry. Ensuite king bedroom on main floor includes fireplace, sitting area, wonderful bathroom with whirlpool tub. The game room and other bedrooms are upstairs. Spacious porch areas with dining and relaxing furnishings, hot tub and heated pool. Just across from this home, is a completely renovated duplex featuring one 2BD/1BA unit and a 1BD/1BA unit each with private hot tub. All furniture, furnishings, hot tubs, H&A units, some appliances, security system and more throughout all properties are just a couple of years old. There are so many features inside and out that make this property an excellent vacation destination for large groups, reunions or just a family getaway. The location is wonderful. Very easy access and plenty of level parking spaces. (The total number of BD's & BA's shown are for all three units as well as the total sq. ft. The main house has 5BD/4.5BA, 5,742 sq. ft. The duplex has a 1BD/1BA, 672 sq. ft. and a 2BD/1BA, 840 sq. ft. Total Property Tax is $2,514.93. The House & Apts. $2,424.61 and Vacant Lot $90.32)
2024 Gross Rent Income was over $206K!!

Location

State TN

County Sevier

Zoning C-2

Direction From downtown Gatlinburg at traffic light #3, turn onto E Parkway, go 1.5m, turn left onto Dudley Creek Rd/Ridge Rd. Turn right just before Oak Ridge Rd., stay right past the first apartments to brick columns with ''Bear Ridge'' sign--this is driveway for the property.

Rooms

Basement Crawl Space

Interior

Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining, Great Room, Kitchen Island, Walk-In Closet(s)

Heating Central

Cooling Central Air, Electric

Flooring Carpet, Laminate, Tile, Vinyl

Fireplaces Number 3

Fireplaces Type Gas Log

Fireplace Yes

Appliance Dishwasher, Dryer, Electric Range, Gas Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer

Laundry Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup

Exterior

Parking Features Asphalt, Driveway, Off Street

Pool Heated, Hot Tub, In Ground, Outdoor Pool

Utilities Available High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Composition

Street Surface Paved

Porch Covered, Patio, Porch

Road Frontage City Street

Garage No

Building

Lot Description Pond on Lot, Landscaped, Wooded

Story 2

Foundation Combination, Slab

Sewer Public Sewer

Water Public

Architectural Style Chalet, Contemporary

Structure Type Brick,Wood Siding

New Construction No

Others

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Nic Nicaud

Broker | License ID: 302707

+1(865) 742-1312

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Knoxville, TN

Nic Nicaud

751 Ridge RD Gatlinburg, TN 37738

Key Details

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Rooms

Interior

Exterior

Building

Others

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751 Ridge RD