Lot 37 Potters Way, Gatlinburg, TN 37738

$819,900
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 3,309 Status: Closed
Current Price: $819,900 List Date: 10/12/2020 Last Modified: 8/28/2024

Overview

Description

Great Investment Opportunities!! New Unique Cottages of Laurel Estates at the Glades are luxuriously furnished, have granite counter tops and stainless steel appliances. They come complete with great room with see-thru fireplace, game room, covered deck with outdoor fireplace,theater/rec room with surround sound, see-thru fireplace in master bedroom. Cottages are low maintenance with fire retardant Hardy Plank. All of this in prime Gatlinburg location in the Arts and Crafts Community just minutes from downtown Gatlinburg as well as Pigeon Forge. Too much to list it all. Call for pro-forma and marketing package, projected rental income of $115,000.

Listing Details MLS# 230637

General Property Information

Living Area
3309
Above Grade Finished Area
2045
Below Grade Finished Area
1264
Bedrooms Total
4
Bathrooms Total
6
Bathrooms Full
4
Bathrooms Half
2
Garage YN
No
Year Built
2021
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
List Price/SqFt
244.76
Sold Price/SqFt
247.78
Lot Size Acres
0
Below Grade Unfinished Area
0
Garage Spaces
0
Number of Bonus Rooms
0

Property Features

Appliances: Dishwasher; Dryer; Microwave; Range Hood; Self Cleaning Oven; Washer Architectural Style: Contemporary; Cottage Association Amenities: Clubhouse; Pool Association Fee Includes: Insurance; Roads Basement: Crawl Space; Finished Construction Materials: Frame Cooling: Central Air; Electric Fireplace Features: Gas Log Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Solid Surface Counters Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: Driveway; Paved Patio And Porch Features: Deck; Patio Pool Features: Hot Tub; In Ground Possession: Close Of Escrow Property Condition: To Be Built Rental: Off Site Road Frontage Type: City Street Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Public Sewer Water Source: Public Showing Requirements: Call Listing Agent; Call Listing Office

Location Tax and Legal

Street Number
Lot 37
Street Name
Potters
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Gatlinburg
Subdivision Name
Laurel Estates

Contract Information

Original List Price
794900
Listing Contract Date
2020-10-12
Owner Name
Laurel Estates at the Glades LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Rental History Gross Amount 1
115000
Association YN
Yes
Association Fee
250
Association Fee Frequency
Monthly
Association Name
Laurel Estates HOA
Association Type
Mandatory
Rental History Year 1
0
Rental History Gross Amount 2
0
Rental History Year 2
0

Remarks and Miscellaneous

Public Remarks
Great Investment Opportunities!! New Unique Cottages of Laurel Estates at the Glades are luxuriously furnished, have granite counter tops and stainless steel appliances. They come complete with great room with see-thru fireplace, game room, covered deck with outdoor fireplace,theater/rec room with surround sound, see-thru fireplace in master bedroom. Cottages are low maintenance with fire retardant Hardy Plank. All of this in prime Gatlinburg location in the Arts and Crafts Community just minutes from downtown Gatlinburg as well as Pigeon Forge. Too much to list it all. Call for pro-forma and marketing package, projected rental income of $115,000.
Directions
Once in Gatlinburg turn left onto Dudley Creed Rd (By Ripleys Mini Golf) Go 1.0 mile then turn right to stay on Dudley Creek Rd In 0.5 miles turn left onto East Parkway Go 1.3 miles then turn left onto Glades Rd In 0.8 miles turn right onto Laurel Ln. (look for a red sign that says Apple Annies on the left side of the road. Laurel Ln is right after that sign. Drive slow because the road creeps up fast) Follow the one way road for about 10 seconds. Note: GPS will not work with the cabin address

Status Change Information

Major Change Timestamp
2021-10-04T16:35:20Z
Major Change Type
Status Change
Price Change Timestamp
2020-10-28T09:00:00Z
Status Change Timestamp
2021-10-04
Purchase Contract Date
2020-12-30
Close Date
2021-10-04
Close Price
819900
Buyer Financing
Conventional

More Information

Showing Requirements

Showing Instructions
All cottages in Laurel Estates are deed restricted to Eden Crest Vacation Rentals. Photos are of a different cottage with the same floor plan, colors and some furnishings my be different. *As with all Real Estate transactions you should verify all information independently including but not limited to all HOA info., restrictions and any that may have been recently added, and square footage. Buy Title insurance, have a survey, home inspection, and all other needed inspections. Buy insurance. Equal housingopportunity.Most information from Tax records and not verified by listing agent/Company. BUYER TO VERIFY.
Call Listing Agent
Yes
Call Listing Office
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Location, Tax, and Legal

New Construction YN
Yes
New Construction Start Date
2021-01-15
Estimated Completion Date
2021-06-15
Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Gatlinburg
Tax Lot
37
Book/Page/Doc #
4903, 52
Tax Annual Amount
2712
Tax Year
2020

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range Hood
Yes
Self Cleaning Oven
Yes
Washer
Yes

Architectural Style

Contemporary
Yes
Cottage
Yes

Association Amenities

Clubhouse
Yes
Pool
Yes

Association Fee Includes

Insurance
Yes
Roads
Yes

Basement

Crawl Space
Yes
Finished
Yes

Construction Materials

Frame
Yes

Cooling

Central Air
Yes
Electric
Yes

Fireplace Features

Gas Log
Yes

Heating

Central
Yes
Electric
Yes
Heat Pump
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Solid Surface Counters
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Parking Features

Driveway
Yes
Paved
Yes

Patio And Porch Features

Deck
Yes
Patio
Yes

Pool Features

Hot Tub
Yes
In Ground
Yes

Possession

Close Of Escrow
Yes

Property Condition

To Be Built
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

Water Source

Public
Yes
Listing Office: Eden Crest Properties, LLC
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.