1125 Tanrac TRL Gatlinburg, TN 37738
2 Beds
3 Baths
2,392 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Cabin
Listing Status Active
Purchase Type For Sale
Square Footage 2,392 sqft
Price per Sqft $359
Subdivision Limberlost
MLS Listing ID 306132
Style Contemporary
Bedrooms 2
Full Baths 2
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 1,367
Year Built 1978
Annual Tax Amount $1,138
Tax Year 2024
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Cabin
Source Great Smoky Mountains Association of REALTORS®
Property Description
The property is on a 2-bedroom septic system but has a bonus room and tons of extra space. With 2.5 bathrooms, this home offers both space and flexibility for families or groups.
In 2023, the property grossed $90,000 in rental income, even with 14 weeks blocked off for renovations. In 2024, it brought in $110,000 in gross income despite being blocked off for 6 weeks as well. The home is self-managed and fully operational as a profitable, hands-on investment.
Priced below appraised value, this is an incredible opportunity for investors or second-home buyers looking for instant equity, cash-flow money maker in the Smokies.
Guests enjoy the expansive outdoor deck with stunning views of Mt. LeConte, along with a brand-new hot tub, private pool, fire-pit area, and fully fenced yard - ideal for both entertaining and relaxation. Inside, the home has been thoughtfully updated with a new kitchen, modern appliances, updated flooring, and tiled bathrooms with walk-in showers. A dedicated game room adds extra appeal for families and kids.
Whether you're looking to grow your STR portfolio or own a Smoky Mountain getaway that pays for itself, this property offers stylish upgrades, instant equity, delivers strong returns, and incredible location - all comes fully furnished & priced to move.
Location
State TN
County Sevier
Zoning R1
Direction From downtown Gatlinburg take 321N to Left on Glade Rd. (light 3a). Then left onto Powermill Rd., left onto Johns Branch Rd. Tanrac in on your right. The home is on the left.
Rooms
Basement Finished
Interior
Interior Features Eat-in Kitchen
Heating Central
Cooling Central Air
Flooring Luxury Vinyl
Fireplaces Number 1
Fireplace Yes
Appliance Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Exterior
Pool Above Ground
Porch Deck
Garage No
Building
Lot Description Views
Story 2
Sewer Septic Tank
Water Well
Architectural Style Contemporary
New Construction No