Gatlinburg, TN 37738 · Sevier County
6 days on market · MLS# 1349241
Home Facts
2
Beds
2
Baths
836
Sqft
0.01 ac
Lot
Features
About This Property
Location is the first thing to understand about this property and it's the reason it books. Situated in Gatlinburg Towers, 0.3 miles from the Parkway with a walkable path along Baskins Creek into the heart of downtown. Anakeesta is 0.4 miles. Ripley's Aquarium is 0.5 miles. The National Park entrance is one mile. In this market, that kind of proximity on foot is a differentiator that shows up directly in occupancy. The unit itself has been professionally remodeled with over $60,000 in owner investment. Both bathrooms and the kitchen were completely redone. New cabinets, granite countertops, stainless appliances, and custom chrome shelving in the kitchen. Stacked stone fireplace with a custom chrome mantle and underlighting. New flooring throughout, updated furniture including a chrome canopy bed, three new AC units, new water heater, and upgraded lighting. The finishes are distinctive and hold up well in photos, which drives booking conversion. Two bedrooms, two full en-suite bathrooms, and a sleeper sofa bringing capacity to six. Mountain views from the fourth floor balcony, Smart TVs with streaming in every room, gas fireplace, Keurig, fully equipped kitchen, and access to the building's indoor heated pool and hot tub. Community washer and dryer in the building. Keyless self check-in. Parking for two vehicles on site. This property has a track record of solid income production in prior years, with recent calendars reflecting extended personal use by the owner. The location does the heavy lifting here. A buyer who puts this unit on a full rental calendar has a well-documented market to work with. Sold fully furnished and turn key.
Property Details
Style
other
Construction
block, frame
Heating
central, natural gas
Cooling
ceiling fan(s), central air
Flooring
luxury vinyl plank
Appliances
dishwasher, microwave, range, refrigerator
Interior
eat-in kitchen
Patio / Porch
porch - enclosed, patio
Parking
off street, assigned
Lot
other
Sewer
public sewer
Water
public
Market Snapshot
30-Yr Fixed Rate
6.58%
National avg · FRED / Freddie Mac
Est. Monthly Payment
$2,049
20% down · 30-yr fixed
$1,529P&I · $80 taxes · $325 HOA
Location
Similar Homes Nearby
Walkability
52
Walk
Somewhat Walkable
—
Transit
N/A
19
Bike
Minimal Biking Infrastructure
