114 Laurel Way, Gatlinburg, TN 37738

$739,900 Asking Price

2 beds
2 baths
1,466  sqft
Built in 2024

Location, Location, Location, Charming Modern Cabin in between Pigeon Forge and Gatlinburg!! This Brand-New turnkey exquisite contemporary Cabin offers a lucrative investment opportunity near the most visited National Park (Smoky Mountains) with an estimated 13 million visitors annually. The open floor concept design ensures a seamless flow between living room with a wall of windows to enjoy the natural light and the modern fully equipped stylish kitchen. Two spacious bedrooms and two full baths with spa like amenities for ultimate relaxation. Well-appointed Bedrooms w/ comfortable bedding and ample storage space. Cabin can comfortably sleep 6-8 and has plenty of room for the kids to have fun playing games! Enjoy the View from your large warp around deck or patio with a private hot tub or gather around outdoor fire pit for memorable evening under the Stars! With its prime location and visitor traffic, make it ready to be a powerhouse as an overnight rental and generate substantial income. It's very hard to find a new turnkey cabin with first year rental projections between 70K-80K.

Features & Amenities

Interior

General:
Granite Counters, Great Room, Walk-In Shower(s)
Appliances:
Dishwasher, Electric Range, Electric Water Heater, Microwave Range Hood Combo, Refrigerator
Laundry:
Laundry Closet, Main Level
Flooring:
Ceramic Tile, Combination, Laminate, Simulated Wood
A/C:
true, Central Air
Heating:
true, Central

Exterior

Style:
Cabin, Chalet, Contemporary, Craftsman
Parking:
Asphalt, Paved

Construction

Roofing:
Composition
Windows:
Double Pane Windows
General:
Frame, Wood Siding, Other, Two, Slab

Location

Road/Access:
County Road
Originating MLS:
Great Smoky Mountains Association of REALTORS®
County:
Sevier

Lot

Zoning:
R-1, 116C C 02300 000
Current Use:
Investment

Utilities

Utilities:
Electricity Available, 220 Volts, Circuit Breakers
Water:
Well
Sewer:
Septic Tank

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:
Prime Mountain Properties

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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