1128 Ski Mountain Road, Gatlinburg, TN 37738

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1128 Ski Mountain Road, Gatlinburg, TN 37738

$789,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,400 Lot Size (sq. ft.): 16,553 Status: Active

Current Price: $789,000 List Date: 10/10/2023 Last Modified: 8/30/2024

Description

PRICE IMPROVEMENT on this UPDATED investment property! Turn-key short-term rental with proven income in Chalet Village! Only 2 miles to downtown Gatlinburg and close to the Great Smoky Mountain National Park and Ober Mountain for skiing and snow tubing. Rental projection of $99k/year! This recently remodeled, well-maintained A-frame tucked into the trees right on Ski Mountain Rd. has city water & sewer and the road is maintained in the winter so guests can get to the cabin with ease! Mountain cabin charm greets you upon entering the spacious living/dining area on the main level with stone fireplace, with a BRAND NEW enlarged kitchen! There is a large wrap-around deck , hot tub, and access to the deck from the main floor bedroom, which features a beautiful barn wood accent wall! Downstairs are two updated bedrooms with cozy electric fireplaces, and an updated full bath. Upstairs is a newly-expanded loft with day bed, pool table and arcade game, a bedroom and bathroom with a brand new shower! Also recently updated with a new HVAC (Aug. 2023), new metal roof, LVP flooring, updated bathroom with jetted tub, and updated downstairs shower. This cabin is currently setup to sleep 9 but it could easily be setup to sleep 12. Don't miss out on this amazing investment opportunity!

More Information MLS# 265796

Location Tax and Legal

Street Number: 1128 Street Name: Ski Mountain Street Suffix: Road County: Sevier State: TN Zip Code: 37738 Property Sub Type: Single Family Residence MLS Area Major: Chalet Village Subdivision Name: Chalet Village

Contract Information

Current Price: $789,000 Original List Price: 814000 List Price: $789,000 Status: Active Listing Contract Date: 2023-10-10 Auction YN: No Owner Name: Thull Gibson Listing Agreement: Exclusive Right To Sell Occupancy: Either Rental History Gross Amount 1: 93987 Rental History Year 1: 2021 Association YN: Yes Association Fee: 454 Association Fee Frequency: Annually Association Name: Chalet Village Owners Association Phone: (865) 436-4440 Association Email: cvowners@aol.com Association Type: Mandatory

General Property Information

Stories Total: 3 Lot Size Acres: 0.38 Living Area: 2400 Above Grade Finished Area: 1600 Below Grade Finished Area: 800 Bedrooms Total: 4 Bathrooms Total: 3 Bathrooms Full: 3 Garage YN: No Fireplace YN: Yes Year Built: 1965 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: 328.75

Remarks and Miscellaneous

Public Remarks: PRICE IMPROVEMENT on this UPDATED investment property! Turn-key short-term rental with proven income in Chalet Village! Only 2 miles to downtown Gatlinburg and close to the Great Smoky Mountain National Park and Ober Mountain for skiing and snow tubing. Rental projection of $99k/year! This recently remodeled, well-maintained A-frame tucked into the trees right on Ski Mountain Rd. has city water & sewer and the road is maintained in the winter so guests can get to the cabin with ease! Mountain cabin charm greets you upon entering the spacious living/dining area on the main level with stone fireplace, with a BRAND NEW enlarged kitchen! There is a large wrap-around deck , hot tub, and access to the deck from the main floor bedroom, which features a beautiful barn wood accent wall! Downstairs are two updated bedrooms with cozy electric fireplaces, and an updated full bath. Upstairs is a newly-expanded loft with day bed, pool table and arcade game, a bedroom and bathroom with a brand new shower! Also recently updated with a new HVAC (Aug. 2023), new metal roof, LVP flooring, updated bathroom with jetted tub, and updated downstairs shower. This cabin is currently setup to sleep 9 but it could easily be setup to sleep 12. Don't miss out on this amazing investment opportunity! Directions: From downtown Gatlinburg, drive up Ski Mtn Rd, property is on the right side about half a mile past Wiley Oakley. Look for '1128' on the tree at the bottom of the driveway.

Status Change Information

Major Change Timestamp: 2024-07-27T13:28:41Z Major Change Type: Price Reduced Price Change Timestamp: 2024-07-27T13:28:41Z Status Change Timestamp: 2023-10-10

Fireplace Features

Fireplaces Total: 3

Showing Requirements

Showing Instructions: For questions or showings, call or email Sheri Rhodes: 423-329-3283 or sheri@buythesmokies.com. SELLER REQUIRES BUYERS TO VIEW IN PERSON BEFORE SUBMITTING OFFERS. Square footage provided by seller; buyer to verify. Shared driveway. **Rental Income includes time off rental market for owner's use and remodeling time. Rental Projection provided by Aunt Bugs Cabins

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: A-Frame Association Amenities: Clubhouse; Pool Attic Features: Access Only Basement: Basement; Finished Construction Materials: Frame; Wood Siding Cooling: Heat Pump Exterior Features: Rain Gutters Fireplace Features: Electric Heating: Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Soaking Tub Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Tri-Level Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Wooded Parking Features: Shared Driveway Patio And Porch Features: Deck; Porch Pool Features: Hot Tub Possession: Close Of Escrow Rental: Rental History Road Frontage Type: City Street Road Surface Type: Paved Roof: Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available Water Source: Public Window Features: Window Treatments Showing Requirements: Appointment Only; Call Listing Agent