311 Proffitt Rd, Gatlinburg, TN 37738

$2,000,000
Property Type: Single Family Bedrooms: 8 Square Footage: 4,399 Lot Size (sq. ft.): 145,926 Status: Closed
Current Price: $2,000,000 List Date: 7/22/2024 Last Modified: 11/13/2024

Description

Fantastic Investment Opportunity, 8 bedroom 9 bathroom pool lodge with sprinkler system minutes from downtown Gatlinburg and the Great Smoky Mountains National Park! This cabin is across from popular Gatlinburg Mills Park. This is the hot spot for the best of the best vacations! We do not have many 8 bedroom lodges in the rental pool for our area; perfect for families, traveling teams and reunions, corporate retreats and wedding parties. Tasteful finishes all throughout this carefully designed floor plan to maximize rental income and longevity. Located in the backyard of Rocky Top Sports World, this spot is unbeatable! Projected to do at least $300k a year incredible opportunity of value!! Professionally furnished top to bottom with top notch furniture, full stocked kitchen, turnkey and ready to go! City utilities, and insulated concrete log look siding for easy ownership and maintenance! As you enter the cabin on the main level you will walk into the kitchen and living room, two master suites and 1/2 bathroom with a stacking laundry closet adjacent. Upper level features five bedrooms with private bathrooms,1 of the 5 being a dedicated bunk bed room! Lower level has a movie lovers theater room next to the pool room with a massive game room makes for the perfect entertaining vacation! There is a sister lodge for sale with similar finishes for sale next door, check out 317 Proffitt Rd Gatlinburg, one or BOTH will make for an incredible addition to an investment portfolio.

More Information MLS# 1270474

Contract Info

Auction Y/N: No Sold Price: $2,000,000 Current Price: $2,000,000 Status: Closed Listing Contract Date: 2024-06-15

Location, Tax & Legal Info

Area: Sevier County - 27 Property Sub-Type: Residential City/County Code: County Total Tax: 36.08

General Property Description

Type: 3 Story # Bedrooms: 8 Acres: 3.35 Acre Source: Owner # of Rooms: 0 Restrictions: Yes Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 1466 SqFt - Down Lvl: 1466 SqFt - 2nd Flr Lvl: 1466 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: No Basement: Yes Bonus Room: No Living Area: 4399 Bathrooms Full: 8 Bathrooms Half: 1 Year Built: 2024

Remarks & Misc

Directions: From downtown Gatlinburg head Northeast towards Rocky Top Sports World, Turn left onto Proffitt Rd, At the traffic circle, take the 3rd exit and stay on Proffitt Rd, cabins will be on your left - see newly paved driveway. These are across th street from Mills Park - Field 7. https://maps.app.goo.gl/fH63DH6izFtRfqV68 Public Remarks: Fantastic Investment Opportunity, 8 bedroom 9 bathroom pool lodge with sprinkler system minutes from downtown Gatlinburg and the Great Smoky Mountains National Park! This cabin is across from popular Gatlinburg Mills Park. This is the hot spot for the best of the best vacations! We do not have many 8 bedroom lodges in the rental pool for our area; perfect for families, traveling teams and reunions, corporate retreats and wedding parties. Tasteful finishes all throughout this carefully designed floor plan to maximize rental income and longevity. Located in the backyard of Rocky Top Sports World, this spot is unbeatable! Projected to do at least $300k a year incredible opportunity of value!! Professionally furnished top to bottom with top notch furniture, full stocked kitchen, turnkey and ready to go! City utilities, and insulated concrete log look siding for easy ownership and maintenance! As you enter the cabin on the main level you will walk into the kitchen and living room, two master suites and 1/2 bathroom with a stacking laundry closet adjacent. Upper level features five bedrooms with private bathrooms,1 of the 5 being a dedicated bunk bed room! Lower level has a movie lovers theater room next to the pool room with a massive game room makes for the perfect entertaining vacation! There is a sister lodge for sale with similar finishes for sale next door, check out 317 Proffitt Rd Gatlinburg, one or BOTH will make for an incredible addition to an investment portfolio.

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1

Construction

Frame: 1

Siding

Cement: 1 Fiber Cement: 1 Stucco: 1

Fireplace

Electric: 1

Cooling

Central Cooling: 1

Floors

Tile: 1 Vinyl: 1

Garage/Parking

None: 1

Basement

Finished: 1

Lot Description

Wooded: 1

Fuel

Electric: 1

View

Mountain View: 1

Heat

Central: 1

Appliances

Dryer: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Exterior Features

Deck: 1

Misc Features

Kitchen Island: 1

Sewer

Public Sewer: 1

Water

Public: 1

New Financing

Cash: 1 Conventional: 1 Exchange: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

Street Number: 311 Street Name: Proffitt Street Suffix: Rd State: TN Zip Code: 37738 Parcel Number: 118 027.04 Subdivision Name: Other

Status Change Info

Status Change Timestamp: 2024-11-13 Purchase Contract Date: 2024-10-13 Close Date: 2024-11-13 Close Price: 2000000

Property Features

Style: Cabin Construction: Frame Siding: Cement; Fiber Cement Basement: Finished Lot Description: Wooded View: Mountain View Fireplace: Electric Floors: Tile; Vinyl Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dryer; Microwave; Refrigerator; Washer Sewer: Public Sewer Water: Public Exterior Features: Deck Showing: See Agent Instructns New Financing: Conventional; Exchange
Listing Office: Century 21 MVP
Office Phone: 865-429-2121
Last Updated: November - 13 - 2024
311 Proffitt Rd, Gatlinburg, TN 37738- MLS# 1270474
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.