519 Edgewood DR Active

Gatlinburg,TN 37738

$ 950000

2 Beds

3 Baths

2184 SqFt


Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 2,184 sqft

Price per Sqft $434

Subdivision Chanlet Village North

MLS Listing ID 1275597

Style Cabin,Chalet

Bedrooms 2

Full Baths 2

Half Baths 1

HOA Fees $40/ann

Originating Board East Tennessee REALTORS® MLS

Year Built 2020

Lot Size 0.430 Acres

Acres 0.43

Property Description

Investment Opportunity: Smoky Mountain Cabin with Proven Rental Success

Discover this charming 2-bedroom, 2.5-bathroom cabin nestled in the heart of Gatlinburg, generating an impressive gross rental income of $100,000 per year for the last three years. Built in 2020, this property offers a solid investment for those seeking a reliable rental income stream.

While the cabin is in need of updates, its potential shines through with features like three spacious decks that provide stunning views of the surrounding mountains, along with multiple living areas ideal for relaxation and entertainment. Enjoy the cozy ambiance created by the cathedral ceilings and a fireplace in the great room, perfect for creating memorable experiences.

The kitchen is equipped with ample cabinet space, granite countertops, and stainless-steel appliances, offering a great foundation for future enhancements. The bathrooms feature custom cabinets and attractive tilework, ready for your personal touch.

Conveniently located just minutes from Downtown Gatlinburg, Pigeon Forge, and the Great Smoky Mountains National Park, this cabin is perfectly positioned for both relaxation and adventure. Take advantage of this lucrative investment opportunity and unlock the full potential of this well-performing rental cabin!

Contact us today for more information or to schedule a private showing.

Location

State TN

County Sevier County - 27

Area 0.43

Rooms

Basement Finished

Interior

Interior Features Cathedral Ceiling(s)

Heating Central,Electric

Cooling Central Cooling

Flooring Vinyl

Fireplaces Number 3

Fireplaces Type Electric

Appliance Dishwasher,Microwave,Range,Refrigerator,Smoke Detector,Washer

Heat Source Central,Electric

Exterior

Exterior Feature Porch - Covered

Garage Designated Parking,Main Level

Garage Description Main Level, Designated Parking

Garage No

Building

Lot Description Private

Faces In Gatlinburg from Spur. Take Wiley Oakly dr. (next to welcome center) To Edgewood Dr on Right.

Sewer Septic Tank

Water Public

Architectural Style Cabin,Chalet

Structure Type Frame

Others

Restrictions Yes

Tax ID 126B C 028.00

Energy Description Electric

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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