$615,000
$665,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
1105 Oak CT Gatlinburg, TN 37738
3 Beds
2 Baths
2,210 SqFt
Key Details
Sold Price $615,000
Property Type Single Family Home
Sub Type Cabin
Listing Status Sold
Purchase Type For Sale
Square Footage 2,210 sqft
Price per Sqft $278
Subdivision Oak Valley
MLS Listing ID 303058
Style Cabin,Log
Bedrooms 3
Full Baths 2
Year Built 2006
Annual Tax Amount $1,983
Tax Year 2023
Lot Size 0.590 Acres
Property Sub-Type Cabin
Property Description
This 3-bedroom, 2-bathroom log cabin in Gatlinburg offers an excellent opportunity for investors seeking a high-performing short-term rental (STR) property. Located just 15 minutes from downtown Gatlinburg, the cabin's 2,200+ square feet are spread over three levels, maximizing its rental potential without the challenge of a steep lot.
The main level features a fully equipped kitchen, a living room with cathedral ceilings, a gas fireplace, and a master bedroom with a king-size bed, soaking tub, and private access to a screened porch with a hot tub and seating area. These features enhance guest appeal and ensure repeat bookings. The upper loft area can accommodate additional guests or serve as a versatile gaming space, adding to its marketability.
The lower level is designed for entertainment with a recreation room, pool table, bar seating, and two additional bedrooms, including one with a private gas fireplace. A second full bathroom on this level increases the cabin's rental capacity.
This property has been self-managed for six years, consistently earning 5-star reviews, demonstrating its established rental income potential. For investors looking to expand their portfolio, this cabin provides a turnkey solution with strong market demand, privacy, and desirable amenities in a high-traffic tourist area.
Location
State TN
County Sevier
Zoning R-1
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Carpet, Hardwood, Luxury Vinyl, Tile
Fireplaces Number 2
Fireplaces Type Gas Log
Laundry Laundry Closet
Exterior
Exterior Feature Rain Gutters
Utilities Available Electricity Connected
Roof Type Composition
Building
Lot Description Private, Sloped
Story 212
Sewer Septic Tank
Water Well
Structure Type Frame,Log
New Construction No
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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