809 CRYSTAL BRANCH Way, Gatlinburg, TN 37738

$1,190,000
Property Type: Residential Bedrooms: 8 Baths: 6 Square Footage: 4,212 Status: Closed
Current Price: $1,190,000 List Date: 11/01/2022 Last Modified: 8/26/2024

Overview

Description

“The Majestic" certainly describes this incredible Gatlinburg mansion with spectacular views of the Great Smoky Mountains National Park! This home has the “WOW” effect when you walk in the door—featuring 8 very spacious bedrooms, 5.5 baths—enough room to accommodate 20 guests! The main floor has an open concept living room, kitchen, dining room and game room with pool table. One bedroom on the main floor, 5 on the upper floor and two in the basement level. Large media room on basement level as well with brand new 85” TV and spa room with whirlpool tub with windows to relax and enjoy the views of the mountains. So many large windows throughout the home facing the view as well as two large decks (one with hot tub) and two private balconies which are accessed from a bedroom on the upper floor. Lots of beautiful new furniture, beds, TV's and dcor. This is a fantastic investment property—producing a very attractive income—2022-YTD—gross is over $87,500 (this doesn't include bookings for November and December). In 2021, the gross income was over $127K. This is a property that you must see—you will not be disappointed! Being sold fully furnished! The location can't be beat—just a 1.5-mile drive to the Parkway in Gatlinburg and to the entrance of the National Park. Virtual Tour Link: https://show.tours/e/44h756d

Listing Details MLS# 254600

General Property Information

Living Area
4212
Above Grade Finished Area
2808
Below Grade Finished Area
1404
Bedrooms Total
8
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Garage YN
No
Year Built
1999
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
Yes
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
View YN
Yes
List Price/SqFt
306.27
Sold Price/SqFt
282.53
Lot Size Acres
0
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Colonial Association Fee Includes: Maintenance Grounds; Water Attic Features: Access Only Basement: Basement; Finished Construction Materials: Brick; Synthetic Stucco Cooling: Electric; Window Unit(s) Exterior Features: Rain Gutters Fireplace Features: Wood Burning Heating: Central; Electric Interior Features: Ceiling Fan(s); Formal Dining; Great Room; High Speed Internet; Soaking Tub Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Wooded Parking Features: Driveway; Paved Patio And Porch Features: Deck; Patio Pool Features: Hot Tub Possession: Close Of Escrow; Other Rental: Off Site Road Frontage Type: City Street Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available View: Mountain(s); Seasonal Water Source: Public Window Features: Double Pane Windows; Window Treatments Showing Requirements: Appointment Only; Call Listing Agent

Location Tax and Legal

Street Number
809
Street Name
CRYSTAL BRANCH
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Chalet Village
Subdivision Name
Castlegate

Contract Information

Original List Price
1399000
Listing Contract Date
2022-11-01
Owner Name
Crystal Branch Rentals, LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Rental History Gross Amount 1
127000
Rental History Year 1
2021
Rental History Gross Amount 2
87500
Rental History Year 2
2022
Association YN
Yes
Association Fee
183
Association Fee Frequency
Monthly
Association Name
Castlegate
Association Email
000
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
“The Majestic" certainly describes this incredible Gatlinburg mansion with spectacular views of the Great Smoky Mountains National Park! This home has the “WOW” effect when you walk in the door—featuring 8 very spacious bedrooms, 5.5 baths—enough room to accommodate 20 guests! The main floor has an open concept living room, kitchen, dining room and game room with pool table. One bedroom on the main floor, 5 on the upper floor and two in the basement level. Large media room on basement level as well with brand new 85” TV and spa room with whirlpool tub with windows to relax and enjoy the views of the mountains. So many large windows throughout the home facing the view as well as two large decks (one with hot tub) and two private balconies which are accessed from a bedroom on the upper floor. Lots of beautiful new furniture, beds, TV's and dcor. This is a fantastic investment property—producing a very attractive income—2022-YTD—gross is over $87,500 (this doesn't include bookings for November and December). In 2021, the gross income was over $127K. This is a property that you must see—you will not be disappointed! Being sold fully furnished! The location can't be beat—just a 1.5-mile drive to the Parkway in Gatlinburg and to the entrance of the National Park. Virtual Tour Link: https://show.tours/e/44h756d
Directions
From the Parkway in Gatlinburg just before entering the National Park, turn right onto Ski Mountain Road. Go about 1.5 miles and bear left onto Holly Branch Drive in the big curve just past Heiden Drive. Continue to Goldengate Way then right onto Crystal Branch Way to cul-de-sac, home is straight ahead—809.

Status Change Information

Major Change Timestamp
2023-04-21T17:27:30Z
Major Change Type
Status Change
Price Change Timestamp
2023-03-07T19:18:39Z
Status Change Timestamp
2023-04-21
Purchase Contract Date
2023-03-23
Close Date
2023-04-21
Close Price
1190000
Buyer Financing
Conventional
Anticipated Closing Date
2023-04-21

More Information

Fireplace Features

Fireplaces Total
Yes
Wood Burning
Yes

Showing Requirements

Showing Instructions
Call or text Michael to schedule showings--865-314-5881 Virtual Tour link: https://show.tours/e/44h756d As with all real estate transactions, buyers should be advised to verify all information independently including HOA info, square footage and other details of a property. Title insurance, a survey, home inspection, and all other inspections are recommended. Equal housing opportunity. Most information is taken from tax records and provided by the owner of the property and is not verified or guaranteed by listing agent/company. Before submission of any/all offers, buyer MUST have a Pre-Approval Letter if financing the purchase or Proof of Funds if paying cash. Must remain with current rental company for 60 days unless other arrangements can be made,
Appointment Only
Yes
Call Listing Agent
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-2
Zoning Entity
Gatlinburg
Parcel Number
126P B 018.00
Tax Lot
R-4
Book/Page/Doc #
5925, 23
Tax Annual Amount
2110.29
Tax Year
2021

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes

Architectural Style

Colonial
Yes

Association Fee Includes

Maintenance Grounds
Yes
Sewer
Yes
Water
Yes

Attic Features

Access Only
Yes

Basement

Basement
Yes
Finished
Yes

Construction Materials

Brick
Yes
Synthetic Stucco
Yes

Cooling

Electric
Yes
Window Unit(s)
Yes

Exterior Features

Rain Gutters
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

Ceiling Fan(s)
Yes
Formal Dining
Yes
Great Room
Yes
High Speed Internet
Yes
Soaking Tub
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Wooded
Yes

Parking Features

Driveway
Yes
Paved
Yes

Patio And Porch Features

Deck
Yes
Patio
Yes

Pool Features

Hot Tub
Yes

Possession

Close Of Escrow
Yes
Other
Yes

Rental

Off Site
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

View

Mountain(s)
Yes
Seasonal
Yes

Water Source

Public
Yes

Window Features

Double Pane Windows
Yes
Window Treatments
Yes
Listing Office: Karen Whitlock Realty
Last Updated: August - 26 - 2024
Information deemed reliable but not guaranteed.