1520 Garrett Ln, Gatlinburg, TN 37738

$2,265,000
Property Type: Single Family Bedrooms: 5 Square Footage: 4,264 Lot Size (sq. ft.): 40,276 Status: Closed
Current Price: $2,265,000 List Date: 8/31/2023 Last Modified: 3/20/2024

Description

INVESTORS! THERE'S SIMPLY NO OTHER LUXURY-PLUS CABIN LIKE THIS IN ALL OF THE SMOKIES! 5BR/7BA WITH BONUS ROOM, HEATED GROTTO STYLE INDOOR POOL WITH SWIM UP BAR, BASKETBALL COURT, PIRATE THEMED GAMEROOM, MILLION DOLLAR VIEWS OF MT. LECONTE, AND TONS OF OUTDOOR SPACE! SELLER WILL PROVIDE A $45k CREDIT TOWARD SPRINKLER SYSTEM INSTALLATION WITH ACCEPTABLE OFFER . Can sleep 22 people once sprinkler system is installed and has rental guarantee of $280,000 if sleeping 22! First full month on rental program was October 2023 with $150k in bookings for the next 12 months! This completely remodeled modern-rustic, 5 BR, 7BA cabin with bonus room setup as a bedroom has a superbly decorated grotto style heated indoor pool , that includes swim up bar stool seating as well as a theater to watch your favorite movies while you simultaneously enjoy the pool. Caution: The cabin boasts an absolutely in-your face view of Mt. Leconte that will take your breath away. The entertainment area includes a pirate themed game room comes with a pirate ship , black-lit mini golf, pool table, arcade games and VR games, that will keep your guests.......Will keep your guests wonderfully entertained want them to rebook this cabin. The open style kitchen and living room include a beautiful blend of natural logs, flora and indoor fountain that brings the natural beauty of the Smokies right into the cabin. Each of the 5 BRs king suites and additional bonus room are unique and exude so much luxury that it will make your guests feel like they are at the Ritz Carlton of the Smokies . Guests can relax and take-in the incomparable views of Mt Leconte from the hot tub and outdoor fire pit area. They can also play basketball or pickle ball on their private court. Also, featuring ample parking for multiple cars. Convenient location only minutes to Gatlinburg attractions and the Smoky Mountains National Park. Must see!

More Information MLS# 1237787

Contract Info

Auction Y/N: No Occupancy: Either Listing Price: 2399900 Current Price: $2,265,000 Status: Closed Listing Date: 2023-08-25

Location, Tax & Legal Info

Area: Sevier County - 27 Property Sub-Type: Residential City/County Code: County Elementary School: Pi Beta Phi Middle School: Pi Beta Phi Total Tax: 3834.68 High School: Gatlinburg Pittman

General Property Description

Type: 2 Story Basement # Bedrooms: 5 Lot Dimensions: 145x150.9 IRR Lot Size SqFt: 40276.23 Acres: 0.92 Acre Source: Tax Records # of Rooms: 21 Restrictions: Yes Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 2184 SqFt - Down Lvl: 1275 SqFt - 2nd Flr Lvl: 805 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: No Basement: Yes Bonus Room: Yes SqFt - Total (Aprox): 4264 Baths - Full: 7 Year Built: 1982

Remarks & Misc

Directions: Take the Parkway toward Gatlinburg. Take the Gatlinburg/Parkway Bypass. Turn Right onto Campbell Lead Rd. Remain forward on Campbell Lead Rd; it will turn into Wiley Oakley Dr (continue forward). Follow Wiley Oakley Dr to Garrett DR. Turn Right onto Garrett LN. 1520 Garrett Lane will be on the Right. Look for Sign. Public Remarks: INVESTORS! THERE'S SIMPLY NO OTHER LUXURY-PLUS CABIN LIKE THIS IN ALL OF THE SMOKIES! 5BR/7BA WITH BONUS ROOM, HEATED GROTTO STYLE INDOOR POOL WITH SWIM UP BAR, BASKETBALL COURT, PIRATE THEMED GAMEROOM, MILLION DOLLAR VIEWS OF MT. LECONTE, AND TONS OF OUTDOOR SPACE! SELLER WILL PROVIDE A $45k CREDIT TOWARD SPRINKLER SYSTEM INSTALLATION WITH ACCEPTABLE OFFER . Can sleep 22 people once sprinkler system is installed and has rental guarantee of $280,000 if sleeping 22! First full month on rental program was October 2023 with $150k in bookings for the next 12 months! This completely remodeled modern-rustic, 5 BR, 7BA cabin with bonus room setup as a bedroom has a superbly decorated grotto style heated indoor pool , that includes swim up bar stool seating as well as a theater to watch your favorite movies while you simultaneously enjoy the pool. Caution: The cabin boasts an absolutely in-your face view of Mt. Leconte that will take your breath away. The entertainment area includes a pirate themed game room comes with a pirate ship , black-lit mini golf, pool table, arcade games and VR games, that will keep your guests.......Will keep your guests wonderfully entertained want them to rebook this cabin. The open style kitchen and living room include a beautiful blend of natural logs, flora and indoor fountain that brings the natural beauty of the Smokies right into the cabin. Each of the 5 BRs king suites and additional bonus room are unique and exude so much luxury that it will make your guests feel like they are at the Ritz Carlton of the Smokies . Guests can relax and take-in the incomparable views of Mt Leconte from the hot tub and outdoor fire pit area. They can also play basketball or pickle ball on their private court. Also, featuring ample parking for multiple cars. Convenient location only minutes to Gatlinburg attractions and the Smoky Mountains National Park. Must see!

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1 Chalet: 1 Contemporary: 1

Construction

Frame: 1 Masonry: 1

Siding

Cement: 1 Wood: 1

Fireplace

Electric: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Tile: 1 Vinyl: 1

Garage/Parking

None: 1

Basement

Finished: 1 Walkout: 1

Lot Description

Cul-De-Sac: 1 Private: 1 Wooded: 1

Fuel

Electric: 1

View

Mountain View: 1 Wooded: 1

Heat

Central: 1 Heat Pump: 1

Dining Area

Eat-in Kitchen: 1 Living Rm/Dining Rm: 1

Appliances

Dishwasher: 1 Dryer: 1 Gas Stove: 1 Microwave: 1 Range: 1 Refrigerator: 1 Self Cleaning Oven: 1 Smoke Detector: 1 Washer: 1

Other Rooms

Basement Rec Room: 1 Bedroom Main Level: 1 Great Room: 1 Laundry/Utility: 1 Mstr Bdrm Main Level: 1

Exterior Features

Deck: 1 Pool - Swim (Ingrnd): 1

Misc Features

Cathedral Ceiling(s): 1 Hot Tub: 1 Internet Available: 1 Kitchen Island: 1 Walk-in Shower: 1 Washer/Dryer Connect: 1 Wet Bar: 1

Sewer

Septic Tank: 1

Water

Public: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 1520 Street Name: Garrett Ln State/Province: TN Zip Code: 37738 PIN #: 126I A 008.00 Subdivision: Leconte Properties Geo Lat: 35.717199 Geo Lon: -83.54451

Status Change Info

Status Change Date: 2024-03-20 Under Contract Date: 2024-01-13 Sold Date: 2024-03-18 Sold Price: $2,265,000

Property Features

Style: Cabin; Chalet; Contemporary Construction: Frame; Masonry Siding: Cement; Wood Basement: Finished; Walkout Lot Description: Cul-De-Sac; Private; Wooded View: Mountain View; Wooded Fireplace: Electric Floors: Tile; Vinyl Fuel: Electric Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Gas Stove; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer Sewer: Septic Tank Water: Public Other Rooms: Basement Rec Room; Bedroom Main Level; Great Room; Laundry/Utility; Mstr Bdrm Main Level Misc Features: Cathedral Ceiling(s); Hot Tub; Internet Available; Kitchen Island; Walk-in Shower; Washer/Dryer Connect; Wet Bar Exterior Features: Deck; Pool - Swim (Ingrnd) Dining Area: Eat-in Kitchen; Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: Tennessee Elite Realty
Office Phone: 865-280-4922
Last Updated: March - 20 - 2024
1520 Garrett Ln, Gatlinburg, TN 37738- MLS# 1237787
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