880 Great Smoky Way, Gatlinburg, TN 37738
$1,050,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
3,328
Lot Size (sq. ft.):
436
Status:
Closed
Current Price:
$1,050,000
List Date:
4/28/2023
Last Modified:
8/28/2024
Description
INCREDABLE MOUNTAIN VIEWS! From this 4BR 4BA cabin, located in the highly sought after Gatlinburg Falls Resort! Gaze through the wall of windows overlooking gorgeous mountain views. There are multiple covered decks with rocking chairs and a hot tub. Inside is an open concept design, with all wood interiors. Featuring hardwood floors, a stacked-stone electric (heated) fireplace, fully equipped kitchen, tiled flooring, stainless steel appliances, and spacious countertops. Currently set up to sleep 12 guests comfortably. There are 4 bedrooms — each with a king-size bed. 4 full bathrooms. Two of the bedrooms offer direct deck access. Plus 2 queen sleeper sofas. And there's more...the upper level is full of entertainment! Pool table, air hockey, shuffleboard, and a huge flat screen TV. Gatlinburg Falls Resort has nice wide paved roads, outdoor swimming pool, and breathtaking views of the National Park. Come see this one today! This cabin is already set up on rental and doing great. After management fees and taxes this cabin earned the owner 116k in 2021 and 84k in 2022. You may continue with current management company or your choice of management.
More Information MLS# 256997
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Gatlinburg
Tax Lot: 30
Book/Page/Doc #: 5172, 782
Tax Annual Amount: 2399.32
Tax Year: 2022
Contract Information
Association Type: Mandatory
Owner Name: Maac LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Common Interest: Planned Development
Rental History Gross Amount 1: 116290
Rental History Year 1: 2021
Rental History Gross Amount 2: 84494.7
Rental History Year 2: 2022
Association YN: Yes
Association Fee: 520
Association Fee Frequency: Monthly
Association Name: Gatlinburg Falls HOA/Wise property solutions
Association Email: wisepropertysolutions.com
Current Price: $1,050,000
Original List Price: 1199000
Sold Price: $1,050,000
Status: Closed
Listing Contract Date: 2023-04-28
General Property Information
Lot Size Acres: 0.01
Above Grade Finished Area: 2496
Below Grade Finished Area: 832
Below Grade Unfinished Area: 0
Bathrooms Half: 0
Garage Spaces: 0
Bonus Room YN: No
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 351.56
Sold Price/SqFt: 315.5
Living Area: 3328
Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 2018
Remarks and Miscellaneous
Public Remarks: INCREDABLE MOUNTAIN VIEWS! From this 4BR 4BA cabin, located in the highly sought after Gatlinburg Falls Resort! Gaze through the wall of windows overlooking gorgeous mountain views. There are multiple covered decks with rocking chairs and a hot tub. Inside is an open concept design, with all wood interiors. Featuring hardwood floors, a stacked-stone electric (heated) fireplace, fully equipped kitchen, tiled flooring, stainless steel appliances, and spacious countertops. Currently set up to sleep 12 guests comfortably. There are 4 bedrooms — each with a king-size bed. 4 full bathrooms. Two of the bedrooms offer direct deck access. Plus 2 queen sleeper sofas. And there's more...the upper level is full of entertainment! Pool table, air hockey, shuffleboard, and a huge flat screen TV. Gatlinburg Falls Resort has nice wide paved roads, outdoor swimming pool, and breathtaking views of the National Park. Come see this one today! This cabin is already set up on rental and doing great. After management fees and taxes this cabin earned the owner 116k in 2021 and 84k in 2022. You may continue with current management company or your choice of management.
Directions: From traffic light 1 in Gatlinburg, take Dudley Creek by-pass. at the 3 way stop continue straight, then turn left onto Gatlinburg Falls way, in .4miles turn left onto Great Smoky Way, Cabin on left.
Status Change Information
Status Change Timestamp: 2023-08-31
Buyer Financing: Cash
Anticipated Closing Date: 2023-08-31
Major Change Timestamp: 2023-08-31T17:38:49Z
Major Change Type: Status Change
Price Change Timestamp: 2023-07-13T22:43:14Z
Purchase Contract Date: 2023-08-15
Close Date: 2023-08-31
Close Price: 1050000
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Log: 1
Association Amenities
Pool: 1
Association Fee Includes
Gas: 1
Maintenance Grounds: 1
Sewer: 1
Water: 1
Basement
Basement: 1
Construction Materials
Frame: 1
Cooling
Central Air: 1
Exterior Features
Rain Gutters: 1
Heating
Electric: 1
Heat Pump: 1
Interior Features
Cathedral Ceiling(s): 1
Great Room: 1
High Speed Internet: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Patio And Porch Features
Covered: 1
Pool Features
Hot Tub: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Sewer
Shared Septic: 1
View
Mountain(s): 1
Water Source
Private: 1
Window Features
Window Treatments: 1
Showing Requirements
Showing Instructions: New living room furniture and gutters. HOA is bundled with water, sewer and gas. see utilities list in docs. text Gina to show 865-257-7105 or call list office. Rented by Cabins for you. Buyer may be required to stay with Cabins for you 3 months after closing to accommodate guests. Information taken from tax records; buyer should verify all information independently.
Historical Information
Public Historical Remarks: Interior Features: Large Primary Bedroom
Location Tax and Legal
Street Number: 880
Street Name: Great Smoky
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Gatlinburg
Subdivision Name: Gatlinburg Falls
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style: Cabin; Log
Association Amenities: Pool
Association Fee Includes: Gas; Maintenance Grounds; Water
Basement: Basement
Construction Materials: Frame
Cooling: Central Air
Exterior Features: Rain Gutters
Heating: Electric; Heat Pump
Interior Features: Cathedral Ceiling(s); Great Room; High Speed Internet
Laundry Features: Electric Dryer Hookup; Washer Hookup
Listing Terms: 1031 Exchange; Cash; Conventional
Patio And Porch Features: Covered
Pool Features: Hot Tub
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Shared Septic
View: Mountain(s)
Water Source: Private
Window Features: Window Treatments
Listing Office:
Smoky Mountain Real Estate Cor
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.