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859 Great Smoky Way Way, Gatlinburg, TN 37738
$1,385,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
5
baths
3,483
sqft
Built in
2006
Location, Location, Location. Projected Income 110K-140K. Smoky Mountain Lodge rests on one of the better, more private lots in Gatlinburg Falls Hidden Valley Resort, which is one of the most popular family resorts in the area with 2 swimming pools, exercise room and conference room, right in Gatlinburg, with wide paved streets, beauful landscaping, no steep narrow winding roads to get there and just a few minute drive to downtown, Great Smoky Mountain National Park and Ober Gatlinburg plus just a 5 mile drive thru the beauful Parkway to Pigeon Forge. Cabin is all wood inside and out, well maintained and stained by the Owner, and features a large open kitchen/dining/living area; which has 2 leather sleepers, a large comfortable glider and a matching plush chair. Cozy and great for the adults to enjoy while the kids hang out in the large game room and 15 seat theater room below. All 5 bedrooms have king beds plus ensuite bathrooms, one is located on the lower level with the game room and theater room, one on the main level and three on the upper level, one of which has a bunk bed for the young ones, There also is another bunk bed in the convenient open area on the upper level. The large dining table seats 12 plus there are 6 bar stools. The three level full width decks are all covered, tree shaded and private to enjoy. On a new Management program with $110,000 - $115,000 projected in rental income. Must remain on the current program for 60 days. Great, well maintained investment opportunity in a popular, well established resort in Gatlinburg, close to everything you go there to see and do. Nothing to do, just start making money.
Features & Amenities
Interior
- Appliances:
- Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Basement:
- Finished, Full
- Flooring:
- Carpet, Wood
- A/C:
- true, Central Air, Electric
- Heating:
- true, Central, Electric
- Fireplace:
- Electric, Fireplace, Fireplaces: 2
Exterior
- General:
- Rain Gutters
- Style:
- Cabin, Log
- Pool:
- Community,Hot Tub,In Ground
Construction
- Roofing:
- Composition
- Windows:
- Blinds
- General:
- Block, Frame, Log, Log Siding, Tri-Level
Location
- HOA Amenities:
- Clubhouse, Pool, Cable TV, Internet, Maintenance Grounds, Sewer, Water, 600.0, Monthly
- Golf:
- Fitness Center, Pool
- Originating MLS:
- Great Smoky Mountains Association of REALTORS®
- County:
- Sevier
Lot
- Zoning:
- R-1, 117P
- Current Use:
- Investment
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Great Smoky Mountains Association of REALTORS®
- NA Compensation:
- The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
This listing courtesy of:
Century 21 MVP
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Gatlinburg, TN
Housing
- Number of Units
- 5,691
- Median Home Value
- $223,661
- Median Rent
- $636
29.55% of housing units are renter occupied.
65.74% are vacant.
Commute
- Car
-
70.63%
- Public Transportation
-
3.19%
- Walk to Work
-
10.84%
- Work from Home
-
13.79%
- Other
-
1.30%
The median travel time to work is 18 minutes.
People
- Population
- 4,427
- Median Age
- 47.20
- Median Household Size
- 2.42
Education
- High School
-
30.68%
- Associate’s Degree
-
7.74%
- Bachelor’s Degree
-
15.58%
- Graduate Degree
-
6.92%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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