751 Ridge Rd, Gatlinburg, TN 37738

$2,390,000 Asking Price

8 beds
7 baths
7,254  sqft
Built in 1980

This is truly an investor's dream—this property has it all—three income producing, completely renovated properties all in one, plus an additional 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 heated in-ground 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 Next is a completely renovated duplex featuring one 2BD/1BA unit and a 1BD/1BA unit each with private hot tub. All new luxury furniture, furnishings, hot tubs, H&A units, some appliances, security system and more throughout all properties. 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—just 1.5 miles from downtown Gatlinburg. Very easy access and plenty of level parking spaces. (The total number of BD's & BA's are for all three units as well as the total sq. ft. Main house has 5BD/4.5BA, 5,742 sq. ft. Duplex has a 1BD/1BA, 672 sq. ft. and a 2BD/1BA, 840 sq. ft. ) Gross rental income for 2023 $264K!

Features & Amenities

Interior

General:
Cathedral Ceiling(s), Walk-In Closet(s), Eat-in Kitchen
Appliances:
Dishwasher, Dryer, Gas Grill, Gas Stove, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave, Washer
Basement:
Crawl Space, Slab
Flooring:
Laminate, Carpet, Vinyl, Tile
A/C:
true, Central Cooling
Heating:
true, Central, Electric
Fireplace:
Stone, Ventless, Gas Log, Fireplace, Fireplaces: 3

Exterior

General:
Windows - Vinyl, Pool - Swim (Ingrnd), Porch - Covered, Fence - Chain, Deck
Style:
Chalet
Parking:
Main Level, Off-Street Parking

Construction

General:
Wood Siding, Brick, Frame

Location

HOA Amenities:
Pool
Originating MLS:
East Tennessee REALTORS® MLS
County:
Sevier County - 27

Lot

Zoning:
127A A 045.01 and 127A A 045.00
View:
Wooded

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
East Tennessee REALTORS® MLS

This listing courtesy of:
Karen Whitlock Realty

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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