139 Water Tower Road, Gatlinburg, TN 37738
$1,100,000
Property Type:
Residential
Bedrooms:
4
Baths:
6
Square Footage:
3,432
Lot Size (sq. ft.):
13,504
Status:
Closed
Current Price:
$1,100,000
List Date:
11/10/2022
Last Modified:
8/27/2024
Description
WOW FACTOR! LIKE NEW 4BR/4BA WITH TWO HALF BATHS, THREE LEVELS, MOVIE THEATRE ROOM, GAMEROOM, AND VIEWS OF DOWNTOWN GATLINBURG! This luxury "modern rustic" cabin/lodge is top notch with upscale furnishings and is being sold turnkey! Income projections for a full year on rental are in the $130,000 range. Interior features include an open floorplan, luxury vinyl plan flooring throughout NO CARPET, tongue and groove walls and ceilings throughout, recessed lighting and stamped concrete floors on the exterior and in the lower level. Living room with gas fireplace, dining area with plenty of seating, and an eat in kitchen area. Upscale kitchen with quartz countertops, stainless appliances, and plenty of cabinet space. The main level also has a Queen Master Suite with private access to the covered deck and en suite bathroom, and the second bedroom has a triple full size bunk bed to sleep 6 in itself along with an en suite full bathroom! On the upper level you find the third and fourth King Master Suites both with plenty of room and their own en suite bathroom with garden tub for soaking, a massive walk-in tiled shower with dual shower heads w/ wand system, Touch LED mirrors that light up, and private access to the covered back deck. The lowest level is a huge entertainment area featuring a movie theater with seating for 9 and room for more, and a huge gameroom with pool table and cocktail table multi-arcade game. The lowest level also features a covered deck with seating, and a veranda that overlooks downtown Gatlinburg with seating around the gas firepit table. So much outdoor space for entertaining! Also, you have walk-out access to the parking area with room to park multiple vehicles, and an area to shoot basketball. Easy access with NO STEEP ROADS. Enjoy the unbelievable location being walking distance to downtown Gatlinburg. Beautiful mountain views from one of the three levels of decking with a bubbling hot tub on the lowest level. Laundry room with full size front load washer and dryer. Only minutes to restaurants, shopping, Anakeesta, Ripleys Aquarium, and the Smoky Mountains National Park for hiking and sightseeing. Short term rental opportunity or would make a great vacation/second home! This cabin is currently setup to sleep 12 on the rental program.**Check out the walk-through video!
More Information MLS# 254726
Location, Tax, and Legal
Restrictive Covenants YN: No
Zoning: C-2
Zoning Entity: Sevier County
Tax Lot: 0
Book/Page/Doc #: 5940, 371
Tax Annual Amount: 175.82
Tax Year: 2021
Contract Information
Owner Name: T & L Investments, LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: No
Current Price: $1,100,000
Original List Price: 1299900
Sold Price: $1,100,000
Status: Closed
Listing Contract Date: 2022-11-10
General Property Information
Lot Size Acres: 0.31
Above Grade Finished Area: 3432
Below Grade Finished Area: 0
Below Grade Unfinished Area: 0
Garage YN: No
Bathrooms Half: 2
Garage Spaces: 0
Bonus Room YN: No
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: Yes
Home Warranty YN: No
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 349.62
Sold Price/SqFt: 320.51
Living Area: 3432
Bedrooms Total: 4
Bathrooms Total: 6
Bathrooms Full: 4
Year Built: 2022
Remarks and Miscellaneous
Public Remarks: WOW FACTOR! LIKE NEW 4BR/4BA WITH TWO HALF BATHS, THREE LEVELS, MOVIE THEATRE ROOM, GAMEROOM, AND VIEWS OF DOWNTOWN GATLINBURG! This luxury "modern rustic" cabin/lodge is top notch with upscale furnishings and is being sold turnkey! Income projections for a full year on rental are in the $130,000 range. Interior features include an open floorplan, luxury vinyl plan flooring throughout NO CARPET, tongue and groove walls and ceilings throughout, recessed lighting and stamped concrete floors on the exterior and in the lower level. Living room with gas fireplace, dining area with plenty of seating, and an eat in kitchen area. Upscale kitchen with quartz countertops, stainless appliances, and plenty of cabinet space. The main level also has a Queen Master Suite with private access to the covered deck and en suite bathroom, and the second bedroom has a triple full size bunk bed to sleep 6 in itself along with an en suite full bathroom! On the upper level you find the third and fourth King Master Suites both with plenty of room and their own en suite bathroom with garden tub for soaking, a massive walk-in tiled shower with dual shower heads w/ wand system, Touch LED mirrors that light up, and private access to the covered back deck. The lowest level is a huge entertainment area featuring a movie theater with seating for 9 and room for more, and a huge gameroom with pool table and cocktail table multi-arcade game. The lowest level also features a covered deck with seating, and a veranda that overlooks downtown Gatlinburg with seating around the gas firepit table. So much outdoor space for entertaining! Also, you have walk-out access to the parking area with room to park multiple vehicles, and an area to shoot basketball. Easy access with NO STEEP ROADS. Enjoy the unbelievable location being walking distance to downtown Gatlinburg. Beautiful mountain views from one of the three levels of decking with a bubbling hot tub on the lowest level. Laundry room with full size front load washer and dryer. Only minutes to restaurants, shopping, Anakeesta, Ripleys Aquarium, and the Smoky Mountains National Park for hiking and sightseeing. Short term rental opportunity or would make a great vacation/second home! This cabin is currently setup to sleep 12 on the rental program.**Check out the walk-through video!
Directions: From Sevierville, head to Gatlinburg on Parkway (US-321 N / US-441 S / TN-71). Turn LEFT onto Dudley Creek Rd (Ripley's Davy Crockett Mini-Golf will be on the corner). In 1 mile the road name changes to Ridge Rd. In a half mile turn RIGHT onto E Parkway (US-321 S / TN-73). In less than a mile turn RIGHT onto Water Tower Rd. 139 Water Tower Rd will be on your left.
Status Change Information
Status Change Timestamp: 2023-03-27
Buyer Financing: Conventional
Anticipated Closing Date: 2023-03-22
Major Change Timestamp: 2023-03-27T17:28:01Z
Major Change Type: Status Change
Price Change Timestamp: 2023-02-10T03:59:31Z
Purchase Contract Date: 2023-02-27
Close Date: 2023-03-27
Close Price: 1100000
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Cooktop: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Self Cleaning Oven: 1
Washer: 1
Architectural Style
Cabin: 1
Chalet: 1
Attic Features
None: 1
Basement
None: 1
Construction Materials
Frame: 1
Wood Siding: 1
Cooling
Central Air: 1
Fireplace Features
Fireplaces Total: 1
Electric: 1
Foundation Details
Slab: 1
Heating
Central: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Great Room: 1
High Speed Internet: 1
Soaking Tub: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
Driveway: 1
Paved: 1
Patio And Porch Features
Covered: 1
Patio: 1
Porch: 1
Pool Features
Hot Tub: 1
Possession
Close Of Escrow: 1
Rental
Off Site: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
View
Mountain(s): 1
Water Source
Public: 1
Window Features
Window Treatments: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Showing Instructions: call agent to show 865-659-0254. Cabin name is "Gatlinburg Mtn Paradise". Taxes shown are only for the lot. **Buyer to honor existing bookings for 60 days from the date of closing with current rental company.
See Remarks: 1
Historical Information
Public Historical Remarks: Interior Features: Large Primary Bedroom
Location Tax and Legal
Street Number: 139
Street Name: Water Tower
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Gatlinburg
Subdivision Name: Other
Property Features
Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer
Architectural Style: Cabin; Chalet
Attic Features: None
Basement: None
Construction Materials: Frame; Wood Siding
Cooling: Central Air
Fireplace Features: Electric
Foundation Details: Slab
Heating: Central
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Soaking Tub
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Three Or More
Listing Terms: Cash; Conventional
Parking Features: Driveway; Paved
Patio And Porch Features: Covered; Patio; Porch
Pool Features: Hot Tub
Possession: Close Of Escrow
Rental: Off Site
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Metal
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Available
View: Mountain(s)
Water Source: Public
Window Features: Window Treatments
Showing Requirements: Appointment Only; Call Listing Agent; See Remarks
Listing Office:
Tennessee Elite Realty
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.