311 Proffitt Road, Gatlinburg, TN 37738
$2,000,000
Property Type:
Residential
Bedrooms:
8
Baths:
9
Square Footage:
4,399
Lot Size (sq. ft.):
145,926
Status:
Closed
Current Price:
$2,000,000
List Date:
6/15/2024
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# 301577
Location, Tax, and Legal
City/County: County
New Construction YN: No
Restrictive Covenants YN: Yes
Zoning: R1
Zoning Entity: Sevier County
Parcel Number: 118 027.04
Tax Lot: 2
Tax Annual Amount: 36.08
Tax Year: 2023
Contract Information
Auction YN: No
Owner Name: Inkrott, Bradley
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: No
Current Price: $2,000,000
Original List Price: 2350000
Sold Price: $2,000,000
Status: Closed
Listing Contract Date: 2024-06-15
General Property Information
Stories Total: 3
Lot Size Acres: 3.35
Above Grade Finished Area: 2933
Below Grade Finished Area: 1466
Garage YN: No
Bathrooms Half: 1
Garage Spaces: 0
Fireplace YN: Yes
Bonus Room YN: No
Furnished: Furnished
View YN: Yes
List Price/SqFt: 488.75
Sold Price/SqFt: 454.65
Living Area: 4399
Bedrooms Total: 8
Bathrooms Total: 9
Bathrooms Full: 8
Year Built: 2024
Remarks and Miscellaneous
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.
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
Status Change Information
Status Change Timestamp: 2024-11-13
Buyer Financing: Cash
Anticipated Closing Date: 2024-11-08
Major Change Timestamp: 2024-11-13T21:23:49Z
Major Change Type: Status Change
Price Change Timestamp: 2024-09-25T16:16:38Z
Purchase Contract Date: 2024-10-13
Close Date: 2024-11-13
Close Price: 2000000
Appliances
Dryer: 1
Electric Cooktop: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Construction Materials
Cement Siding: 1
Fiber Cement: 1
Stucco: 1
Fireplace Features
Fireplaces Total: 1
Electric: 1
Flooring
Luxury Vinyl: 1
Tile: 1
Interior Features
Granite Counters: 1
Kitchen Island: 1
Laundry Features
Main Level: 1
Levels
Three Or More: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lock Box Information
See Remarks: 1
Lot Features
Views: 1
Parking Features
Asphalt: 1
Pool Features
Indoor: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Roof
Metal: 1
Security Features
Fire Sprinkler System: 1
Sewer
Public Sewer: 1
Utilities
Electricity Connected: 1
High Speed Internet Connected: 1
Sewer Connected: 1
Water Connected: 1
View
Mountain(s): 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Showing Instructions: Call/Text Veronica Powell: 703-727-8635
See Remarks: 1
Location Tax and Legal
Street Number: 311
Street Name: Proffitt
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: Dryer; Electric Cooktop; Microwave; Refrigerator; Washer
Architectural Style: Cabin
Construction Materials: Cement Siding; Fiber Cement; Stucco
Fireplace Features: Electric
Flooring: Luxury Vinyl; Tile
Interior Features: Granite Counters; Kitchen Island
Laundry Features: Main Level
Levels: Three Or More
Listing Terms: 1031 Exchange; Cash; Conventional
Lock Box Information: See Remarks
Lot Features: Views
Parking Features: Asphalt
Pool Features: Indoor
Possession: Close Of Escrow
Road Frontage Type: City Street
Roof: Metal
Security Features: Fire Sprinkler System
Sewer: Public Sewer
Utilities: Electricity Connected; High Speed Internet Connected; Sewer Connected; Water Connected
View: Mountain(s)
Water Source: Public
Showing Requirements: Call Listing Agent; See Remarks
Listing Office:
Century 21 MVP
Last Updated: November - 13 - 2024
Information deemed reliable but not guaranteed.