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.