1138 Cole Lane, Gatlinburg, TN 37738 (MLS# 304856)

1138 Cole Lane, Gatlinburg, TN 37738

$830,000

Property Type: Residential Bedrooms: 3 Baths: 5 Square Footage: 2,700 Lot Size (sq. ft.): 29,621 Status: Closed

Current Price: $830,000 List Date: 2/12/2025 Last Modified: 3/18/2025

Overview

Description

Modern BRAND NEW (2024) FULLY FURNISHED Luxury Cabin style home sitting on a 2/3 of an ACRE LOT in the heart of the Arts and Crafts Community, minutes from downtown Gatlinburg, Dollywood and the Great Smoky Mountains National Park. With several bookings already confirmed this home is on track to achieve at least $100,000 in rental income providing for a fantastic investment opportunity at an attractive price point. Boasting 2700 sf of sleek and contemporary-aesthetic living space, this 3 bedroom 3.5 bathrooms + BASEMENT w 1/2 bath modern tri-level getaway strikes the perfect balance of luxury, comfort and natural beauty making it the perfect escape for those seeking both adventure and relaxation. Take in the beautiful mountain sunsets gazing at the panoramic views of the beautiful valley on one of the two large wrap-around decks or strike up a BBQ with friends and family out by the relaxing fire pit. The lower deck boasts a private hot tub ideal for enjoying the crisp Smoky Mountains ... (Read more) Modern BRAND NEW (2024) FULLY FURNISHED Luxury Cabin style home sitting on a 2/3 of an ACRE LOT in the heart of the Arts and Crafts Community, minutes from downtown Gatlinburg, Dollywood and the Great Smoky Mountains National Park. With several bookings already confirmed this home is on track to achieve at least $100,000 in rental income providing for a fantastic investment opportunity at an attractive price point. Boasting 2700 sf of sleek and contemporary-aesthetic living space, this 3 bedroom 3.5 bathrooms + BASEMENT w 1/2 bath modern tri-level getaway strikes the perfect balance of luxury, comfort and natural beauty making it the perfect escape for those seeking both adventure and relaxation. Take in the beautiful mountain sunsets gazing at the panoramic views of the beautiful valley on one of the two large wrap-around decks or strike up a BBQ with friends and family out by the relaxing fire pit. The lower deck boasts a private hot tub ideal for enjoying the crisp Smoky Mountains evenings. As you step into this exceptional home you'll be wowed by the warm, cohesive interior that emphasizes the open concept living area on the bottom floor complete with game room, 1/2 bath, bar area, and accompanying theater with pool table for fun family game nights. Entering the expansive main level you'll discover a fully stocked chef's kitchen open to the dining area and complete with all the amenities you need to whip up delicious meals for yourself or your guests. Dramatic cathedral ceilings compliment the open, airy feeling of the space suitable for large family gatherings while the exquisite King en-suite offers high end finishes like natural slate tile surround in the shower, blown glass sink, and all natural pine clad walls. There is also a 1/2 bath on this level. Ascend to the lofty upper level to discover two exquisite King ensuite bedrooms each featuring a large, walk in slate surround shower. Not just a home, but on the path to become a rental success story, this terrific three-level home has more than enough room for 16 guests for family fun year round,

Listing Details MLS# 304856

General Property Information

Stories Total: 2
Lot Size Dimensions: 150'x263'x287'x66''
Lot Size Acres: 0.68
Lot Size Source: Survey
Living Area: 2700
Living Area Source: Builder
Above Grade Finished Area: 2100
Below Grade Finished Area: 600
Bedrooms Total: 3
Bathrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: 2
Garage YN: No
Attached Garage YN: No
Fireplace YN: Yes
Year Built: 2024
Bonus Room YN: Yes
Number of Bonus Rooms: Yes
Bonus Room Type(s): Entertainment/ Game / Lounge Room
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Furnished: Furnished
Property Attached YN: No
Construction Type: Site Built
Horse YN: No
Planned Unit Development (PUD): No
View YN: Yes
Waterfront YN: No
Accessibility Features YN: No
List Price/SqFt: 307.41
Sold Price/SqFt: 307.41
Garage Spaces: 0
Carport Spaces: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Contemporary; Crossmod Attic Features: Access Only Basement: Basement; Bath/Stubbed; Finished Common Walls: No Common Walls Construction Materials: Frame Cooling: Central Air Current Financing: Conventional Current Use: Investment; Residential; Single Family Documents: TN Prop Residential Condition Disc or Ex Documents Available: Aerial Photo; Septic Permit; Survey Exterior Features: Lighting Fireplace Features: Gas Starter; Wood Burning Flooring: Luxury Vinyl; Tile Foundation Details: Combination Heating: Central Interior Features: Breakfast Bar; Cathedral Ceiling(s); Ceiling Fan(s); Eat-in Kitchen; Granite Counters; High Speed Internet; Kitchen Island; Living/Dining Combo; Soaking Tub; Storage; Walk-In Closet(s); Walk-In Shower(s) Laundry Features: Inside; Laundry Closet; Main Level Levels: Three Or More; Tri-Level Listing Terms: 1031 Exchange; Cash; Conventional Lock Box Information: See Remarks Lot Features: Country Setting; Sloped; Views Other Structures: See Remarks Parking Features: Driveway Patio And Porch Features: Covered; Deck; Porch Pets Allowed: Yes Possession: Close Of Escrow Property Condition: New Construction Rental: Off Site Road Frontage Type: City Street Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Wood Security Features: Smoke Detector(s) Sewer: Septic Tank Utilities: Cable Connected; Electricity Connected; High Speed Internet Connected; Internet Connected; Sewer Connected; Water Connected View: Trees/Woods Water Source: Public Showing Requirements: Call Listing Agent; See Remarks

Location Tax and Legal

Street Number: 1138
Street Name: Cole
Street Suffix: Lane
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Gatlinburg
Subdivision Name: Carter Plaza 1

Contract Information

Original List Price: 829999
Sold Before Listed: No
Listing Contract Date: 2025-01-31
Auction YN: No
Owner Name: Sky View Developers LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Occupant Type: Owner
Common Interest: None
Association YN: No

Remarks and Miscellaneous

Public Remarks: Modern BRAND NEW (2024) FULLY FURNISHED Luxury Cabin style home sitting on a 2/3 of an ACRE LOT in the heart of the Arts and Crafts Community, minutes from downtown Gatlinburg, Dollywood and the Great Smoky Mountains National Park. With several bookings already confirmed this home is on track to achieve at least $100,000 in rental income providing for a fantastic investment opportunity at an attractive price point. Boasting 2700 sf of sleek and contemporary-aesthetic living space, this 3 bedroom 3.5 bathrooms + BASEMENT w 1/2 bath modern tri-level getaway strikes the perfect balance of luxury, comfort and natural beauty making it the perfect escape for those seeking both adventure and relaxation. Take in the beautiful mountain sunsets gazing at the panoramic views of the beautiful valley on one of the two large wrap-around decks or strike up a BBQ with friends and family out by the relaxing fire pit. The lower deck boasts a private hot tub ideal for enjoying the crisp Smoky Mountains evenings. As you step into this exceptional home you'll be wowed by the warm, cohesive interior that emphasizes the open concept living area on the bottom floor complete with game room, 1/2 bath, bar area, and accompanying theater with pool table for fun family game nights. Entering the expansive main level you'll discover a fully stocked chef's kitchen open to the dining area and complete with all the amenities you need to whip up delicious meals for yourself or your guests. Dramatic cathedral ceilings compliment the open, airy feeling of the space suitable for large family gatherings while the exquisite King en-suite offers high end finishes like natural slate tile surround in the shower, blown glass sink, and all natural pine clad walls. There is also a 1/2 bath on this level. Ascend to the lofty upper level to discover two exquisite King ensuite bedrooms each featuring a large, walk in slate surround shower. Not just a home, but on the path to become a rental success story, this terrific three-level home has more than enough room for 16 guests for family fun year round,
Directions: From 321/East Pkwy take Glades Rd about 2 miles; turn on Cole Lane; Home is 1/2 mile on left.

Status Change Information

Major Change Timestamp: 2025-03-18T00:02:44Z
Major Change Type: Status Change
Status Change Timestamp: 2025-03-17
Purchase Contract Date: 2025-02-17
Close Date: 2025-03-17
Close Price: 830000
Buyer Financing: Conventional
Anticipated Closing Date: 2025-03-17

More Information

Fireplace Features

Fireplaces Total: 2
Gas Starter: Yes
Wood Burning: Yes

Main Room Levels

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Showing Requirements

Showing Instructions: Call or Text Listing Agent at 305-900-8358
Call Listing Agent: Yes
See Remarks: Yes

Location, Tax, and Legal

New Construction YN: No
Restrictive Covenants YN: No
Zoning: R-1
Zoning Entity: Sevier County
Parcel Number: 117FA002.00
Tax Lot: 19
Tax Annual Amount: 48.17
Tax Year: 2023
City Tax: 3.77
County Tax: 44.4
Elementary School: Pittman Center Elementary
Middle Or Junior School: Gatlinburg-Pittman Junior High
High School: GatlinburgPittman High

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Architectural Style

Cabin: Yes
Contemporary: Yes
Crossmod: Yes

Attic Features

Access Only: Yes

Basement

Basement: Yes
Bath/Stubbed: Yes
Finished: Yes

Common Walls

No Common Walls: Yes

Construction Materials

Frame: Yes

Cooling

Central Air: Yes

Current Financing

Conventional: Yes

Current Use

Investment: Yes
Residential: Yes
Single Family: Yes

Documents

TN Prop Residential Condition Disc or Ex: Yes

Documents Available

Aerial Photo: Yes
Septic Permit: Yes
Survey: Yes

Exterior Features

Lighting: Yes

Flooring

Luxury Vinyl: Yes
Tile: Yes

Foundation Details

Combination: Yes

Heating

Central: Yes

Interior Features

Breakfast Bar: Yes
Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Eat-in Kitchen: Yes
Granite Counters: Yes
High Speed Internet: Yes
Kitchen Island: Yes
Living/Dining Combo: Yes
Soaking Tub: Yes
Storage: Yes
Walk-In Closet(s): Yes
Walk-In Shower(s): Yes

Laundry Features

Inside: Yes
Laundry Closet: Yes
Main Level: Yes

Levels

Three Or More: Yes
Tri-Level: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Lock Box Information

See Remarks: Yes

Lot Features

Country Setting: Yes
Sloped: Yes
Views: Yes

Other Structures

See Remarks: Yes

Parking Features

Driveway: Yes

Patio And Porch Features

Covered: Yes
Deck: Yes
Porch: Yes

Pets Allowed

Yes: Yes

Possession

Close Of Escrow: Yes

Property Condition

New Construction: Yes

Rental

Off Site: Yes

Road Frontage Type

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Paved: Yes

Roof

Wood: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Septic Tank: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
High Speed Internet Connected: Yes
Internet Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

Trees/Woods: Yes

Water Source

Public: Yes

Listing Office: CURB Realty

Last Updated: March - 18 - 2025

Information deemed reliable but not guaranteed.

Geoff Hill, Realtor Lic. No. 322967 Prime Mountain Properties, Lic. No. 259072

1138 Cole Lane, Gatlinburg, TN 37738 (MLS# 304856)