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368 Wild Orchid Way, Gatlinburg, TN 37738

$724,898
Property Type: Single Family Bedrooms: 2 Square Footage: 1,700 Lot Size (sq. ft.): 436 Status: Active
Current Price: $724,898 List Date: 12/08/2023 Last Modified: 5/10/2024

Description

INVESTORS - Fully renovated cabin in EXCELLENT Location! This cash cow is on track to produce around $100,000 annually. It has produced nearly $50,000 in just the past 6 months. Guests love being just a short 10 minute drive from both Pigeon Forge and Gatlinburg! This beautiful cabin is the complete package - Desirable Location, Fully Turnkey, privacy galore, repeat guest clientele, & MUCH more. This cabin sleeps up to 8 and features plenty of entertainment options, including a pool table, multicade arcade machine, board games, etc. All furniture, appliances, & entertainment to convey to buyer at closing with no restriction on what rental management company the buyer can use! This cabin features a jetted tub in the master, hot tub, loft with en-suite bathroom and plenty more. Get all this with LOW taxes - the cherry on top. Don't miss out on this cabin, put your offer in today before it's too late!

More Information MLS# 1247637

Location, Tax & Legal Info

House #: 368 Street Name: Wild Orchid St Suffix: Way State/Province: TN Zip Code: 37738 Property Sub-Type: Residential Area: Sevier County - 27 City/County Code: County PIN #: 116J A 001.00 Subdivision: Wildflower Ridge Total Tax: 1111.85 Geo Lat: 35.73861 Geo Lon: -83.526765

Contract Info

Auction Y/N: No Listing Price: 724898 Current Price: $724,898 Status: Active Listing Date: 2023-12-08 Cooperation Comp: 2 Compensation Type: %

General Property Description

Type: 1 1/2 Story Acres: 0.01 Acre Source: Tax Records Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 1700 SqFt - Main Lvl: 1020 SqFt - 2nd Flr Lvl: 680 # Bedrooms: 2 Baths - Full: 2 # of Rooms: 6 Fireplace: Yes # Fireplace: 1 Property Status: N/A HOA: Mandatory HOA Fee: 370 HOA Freq: Yearly HOA Contact: Wildflower Ridge Year Built: 2004 Bonus Room: No Extra Storage: Yes

Remarks & Misc

Directions: From Sevierville, take the parkway towards Gatlinburg. At the Spur turn right onto Norton Creek Road, then take the first left onto Wild Orchid Way. Stay left at the split, and proceed to top to 368 Wild Orchid Way. Cabin name is Nestled Nook. Sign says 'Nestled Nook' at top of driveway pointing to cabin. Public Remarks: INVESTORS - Fully renovated cabin in EXCELLENT Location! This cash cow is on track to produce around $100,000 annually. It has produced nearly $50,000 in just the past 6 months. Guests love being just a short 10 minute drive from both Pigeon Forge and Gatlinburg! This beautiful cabin is the complete package - Desirable Location, Fully Turnkey, privacy galore, repeat guest clientele, & MUCH more. This cabin sleeps up to 8 and features plenty of entertainment options, including a pool table, multicade arcade machine, board games, etc. All furniture, appliances, & entertainment to convey to buyer at closing with no restriction on what rental management company the buyer can use! This cabin features a jetted tub in the master, hot tub, loft with en-suite bathroom and plenty more. Get all this with LOW taxes - the cherry on top. Don't miss out on this cabin, put your offer in today before it's too late!

Status Change Info

Status Change Date: 2023-12-08

Property Features

Atchd/Dtchd Type: Attached Style: Cabin Construction: Log Garage/Parking: Common Basement: Crawl Space Lot Description: Private; Wooded View: Wooded Fireplace: Gas Log; Stone Floors: Vinyl Fuel: Propane Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Sewer: Septic Tank Water: Shared Well Misc Features: Cathedral Ceiling; Hot Tub; Internet Available; Walk-in Shower; Washer/Dryer Connect Exterior Features: Deck; Porch - Covered Showing: See Agent Instructns New Financing: Cash; Conventional; Exchange
Listing Office: Freedom Real Estate
Last Updated: May - 10 - 2024
368 Wild Orchid Way, Gatlinburg, TN 37738- MLS# 1247637
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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