realty-smokies

1120 Tanrac Trail, Gatlinburg, TN 37738

$1,750,000
Property Type: Residential Bedrooms: 10 Baths: 13 Square Footage: 8,500 Lot Size (sq. ft.): 130,680 Status: Closed
Current Price: $1,750,000 List Date: 9/16/2021 Last Modified: 8/28/2024

Overview

Description

This property consists of three homes with 5 different overnight rentals. From 1/1/2021-11/22/2021 gross rentals are $320,689.63 with future rentals of $57,250 from 11/23/2021-12/30/2021. The main lodge has very beautiful mountain views. The seller has made several improvements including a hot-tub and ac unit in 2021 at the house has been added. The lodge has 2 water heaters installed in 2021. The cottage has a a/c installed in 2021. The lodge layouts consists of 5 bed/ 6 1/2 baths with 2 dens, 2 kitchens, 2 gas fireplaces, game room with pool table and arcade game and much more. The house on the far left is using as 3 separate rental units but can be used as one if you preferred. So many items to list and the mountain views are breathtaking. The lodge was built in 1976. The cottage and the house were built in 1987. All measurements and information was taken from the county tax records and the buyer should verify. All linens belonging to the cleaning company do not convey. There are 3 septic systems on the property that show a total of 10 bedroom. All buyers must be pre approved or have proof of funds before showing. In the lodge in the foyer the wood carved bear picture and one of the hanging brooms in the den do not convey.

Listing Details MLS# 245070

General Property Information

Lot Size Acres
3
Living Area
8500
Above Grade Finished Area
6400
Below Grade Finished Area
2100
Below Grade Unfinished Area
1120
Bedrooms Total
10
Bathrooms Total
13
Bathrooms Full
12
Bathrooms Half
Yes
Year Built
1976
Bonus Room YN
Yes
Number of Bonus Rooms
2
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
View YN
Yes
List Price/SqFt
235.29
Sold Price/SqFt
205.88
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Chalet; Cottage Basement: Basement Construction Materials: Wood Siding Cooling: Central Air; Electric; Heat Pump Fireplace Features: Electric; Masonry Flooring: Wood Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Soaking Tub Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: Cash; Conventional Lot Features: Wooded Parking Features: Driveway; Paved Patio And Porch Features: Deck Pool Features: Hot Tub Possession: Close Of Escrow Road Surface Type: Paved Sewer: Septic Tank View: Mountain(s) Water Source: Shared Well Window Features: Window Treatments Showing Requirements: Call Listing Agent; Call Listing Office; Listing Agent Must Accompany; Lockbox; Restricted Hours; See Remarks

Location Tax and Legal

Street Number
1120
Street Name
Tanrac
Street Suffix
Trail
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Gatlinburg
Subdivision Name
Limberlost

Contract Information

Original List Price
2590000
Listing Contract Date
2021-09-16
Owner Name
Bezrat Hashem LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
No

Remarks and Miscellaneous

Public Remarks
This property consists of three homes with 5 different overnight rentals. From 1/1/2021-11/22/2021 gross rentals are $320,689.63 with future rentals of $57,250 from 11/23/2021-12/30/2021. The main lodge has very beautiful mountain views. The seller has made several improvements including a hot-tub and ac unit in 2021 at the house has been added. The lodge has 2 water heaters installed in 2021. The cottage has a a/c installed in 2021. The lodge layouts consists of 5 bed/ 6 1/2 baths with 2 dens, 2 kitchens, 2 gas fireplaces, game room with pool table and arcade game and much more. The house on the far left is using as 3 separate rental units but can be used as one if you preferred. So many items to list and the mountain views are breathtaking. The lodge was built in 1976. The cottage and the house were built in 1987. All measurements and information was taken from the county tax records and the buyer should verify. All linens belonging to the cleaning company do not convey. There are 3 septic systems on the property that show a total of 10 bedroom. All buyers must be pre approved or have proof of funds before showing. In the lodge in the foyer the wood carved bear picture and one of the hanging brooms in the den do not convey.
Directions
From Gatlinburg turn at traffic light #3 onto Hwy 321 East Parkway. Follow and turn left onto Glades Rd. From Glades Rd. turn left onto Powdermill Rd. Turn left on Johns Branch Rd. then turn right onto Tanrac Trl. Follow to the top and property is on the right.

Status Change Information

Major Change Timestamp
2022-02-24T17:56:57Z
Major Change Type
Status Change
Price Change Timestamp
2021-11-20T21:28:02Z
Status Change Timestamp
2022-02-24
Purchase Contract Date
2021-12-11
Close Date
2022-02-24
Close Price
1750000
Buyer Financing
Conventional
Anticipated Closing Date
2022-01-20

More Information

Showing Requirements

Showing Instructions
Attn. agents: The seller rents themselves through airbnb. Please call for code and to see if the homes are vacant to view. All measurements and information was taken from the county tax records and the buyer should verify. All linens belonging to the cleaning company do not convey. There are 3 septic systems on the property that show a total of 10 bedroom. All buyers must be pre approved or have proof of funds before showing. Listing agent must accompany all showings.
Call Listing Agent
Yes
Call Listing Office
Yes
Listing Agent Must Accompany
Yes
Lockbox
Yes
Restricted Hours
Yes
See Remarks
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Gatlinburg
Tax Lot
0038
Book/Page/Doc #
5564, 84
Tax Annual Amount
2724.44
Tax Year
2019

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Chalet
Yes
Cottage
Yes

Basement

Basement
Yes

Construction Materials

Wood Siding
Yes

Cooling

Central Air
Yes
Electric
Yes
Heat Pump
Yes

Fireplace Features

Electric
Yes
Masonry
Yes

Flooring

Wood
Yes

Heating

Central
Yes
Electric
Yes
Heat Pump
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Great Room
Yes
Soaking Tub
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Wooded
Yes

Parking Features

Driveway
Yes
Paved
Yes

Patio And Porch Features

Deck
Yes

Pool Features

Hot Tub
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Paved
Yes

Sewer

Septic Tank
Yes

View

Mountain(s)
Yes

Water Source

Shared Well
Yes

Window Features

Window Treatments
Yes
Listing Office: All Star Realty
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.