1138 Cole Lane, Gatlinburg, TN 37738
$830,000
Property Type:
Residential
Bedrooms:
3
Baths:
5
Square Footage:
2,700
Lot Size (sq. ft.):
29,621
Status:
Closed
Current Price:
$830,000
List Date:
2/12/2025
Last Modified:
3/18/2025
Description
Modern BRAND NEW (2024) FULLY FURNISHED Luxury Cabin style home sitting on a 2/3 of an ACRE LOT in the heart of the Arts and Crafts Community, minutes from downtown Gatlinburg, Dollywood and the Great Smoky Mountains National Park. With several bookings already confirmed this home is on track to achieve at least $100,000 in rental income providing for a fantastic investment opportunity at an attractive price point. Boasting 2700 sf of sleek and contemporary-aesthetic living space, this 3 bedroom 3.5 bathrooms + BASEMENT w 1/2 bath modern tri-level getaway strikes the perfect balance of luxury, comfort and natural beauty making it the perfect escape for those seeking both adventure and relaxation. Take in the beautiful mountain sunsets gazing at the panoramic views of the beautiful valley on one of the two large wrap-around decks or strike up a BBQ with friends and family out by the relaxing fire pit. The lower deck boasts a private hot tub ideal for enjoying the crisp Smoky Mountains evenings. As you step into this exceptional home you'll be wowed by the warm, cohesive interior that emphasizes the open concept living area on the bottom floor complete with game room, 1/2 bath, bar area, and accompanying theater with pool table for fun family game nights. Entering the expansive main level you'll discover a fully stocked chef's kitchen open to the dining area and complete with all the amenities you need to whip up delicious meals for yourself or your guests. Dramatic cathedral ceilings compliment the open, airy feeling of the space suitable for large family gatherings while the exquisite King en-suite offers high end finishes like natural slate tile surround in the shower, blown glass sink, and all natural pine clad walls. There is also a 1/2 bath on this level. Ascend to the lofty upper level to discover two exquisite King ensuite bedrooms each featuring a large, walk in slate surround shower.
Not just a home, but on the path to become a rental success story, this terrific three-level home has more than enough room for 16 guests for family fun year round,
More Information MLS# 304856
Location Tax and Legal
Street Number: 1138
Street Name: Cole
Street Suffix: Lane
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Gatlinburg
Subdivision Name: Carter Plaza 1
Contract Information
Current Price: $830,000
Original List Price: 829999
Sold Price: $830,000
Sold Before Listed: No
Status: Closed
Listing Contract Date: 2025-01-31
Auction YN: No
Owner Name: Sky View Developers LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Occupant Type: Owner
Common Interest: None
Association YN: No
General Property Information
Stories Total: 2
Lot Size Dimensions: 150'x263'x287'x66''
Lot Size Acres: 0.68
Lot Size Source: Survey
Living Area: 2700
Living Area Source: Builder
Above Grade Finished Area: 2100
Below Grade Finished Area: 600
Bedrooms Total: 3
Bathrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: 2
Garage YN: No
Attached Garage YN: No
Fireplace YN: Yes
Year Built: 2024
Bonus Room YN: Yes
Number of Bonus Rooms: 1
Bonus Room Type(s): Entertainment/ Game / Lounge Room
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Furnished: Furnished
Property Attached YN: No
Construction Type: Site Built
Horse YN: No
Planned Unit Development (PUD): No
View YN: Yes
Waterfront YN: No
Accessibility Features YN: No
List Price/SqFt: 307.41
Sold Price/SqFt: 307.41
Remarks and Miscellaneous
Public Remarks: Modern BRAND NEW (2024) FULLY FURNISHED Luxury Cabin style home sitting on a 2/3 of an ACRE LOT in the heart of the Arts and Crafts Community, minutes from downtown Gatlinburg, Dollywood and the Great Smoky Mountains National Park. With several bookings already confirmed this home is on track to achieve at least $100,000 in rental income providing for a fantastic investment opportunity at an attractive price point. Boasting 2700 sf of sleek and contemporary-aesthetic living space, this 3 bedroom 3.5 bathrooms + BASEMENT w 1/2 bath modern tri-level getaway strikes the perfect balance of luxury, comfort and natural beauty making it the perfect escape for those seeking both adventure and relaxation. Take in the beautiful mountain sunsets gazing at the panoramic views of the beautiful valley on one of the two large wrap-around decks or strike up a BBQ with friends and family out by the relaxing fire pit. The lower deck boasts a private hot tub ideal for enjoying the crisp Smoky Mountains evenings. As you step into this exceptional home you'll be wowed by the warm, cohesive interior that emphasizes the open concept living area on the bottom floor complete with game room, 1/2 bath, bar area, and accompanying theater with pool table for fun family game nights. Entering the expansive main level you'll discover a fully stocked chef's kitchen open to the dining area and complete with all the amenities you need to whip up delicious meals for yourself or your guests. Dramatic cathedral ceilings compliment the open, airy feeling of the space suitable for large family gatherings while the exquisite King en-suite offers high end finishes like natural slate tile surround in the shower, blown glass sink, and all natural pine clad walls. There is also a 1/2 bath on this level. Ascend to the lofty upper level to discover two exquisite King ensuite bedrooms each featuring a large, walk in slate surround shower.
Not just a home, but on the path to become a rental success story, this terrific three-level home has more than enough room for 16 guests for family fun year round,
Directions: From 321/East Pkwy take Glades Rd about 2 miles; turn on Cole Lane; Home is 1/2 mile on left.
Status Change Information
Major Change Timestamp: 2025-03-18T00:02:44Z
Major Change Type: Status Change
Status Change Timestamp: 2025-03-17
Purchase Contract Date: 2025-02-17
Close Date: 2025-03-17
Close Price: 830000
Buyer Financing: Conventional
Anticipated Closing Date: 2025-03-17
Fireplace Features
Fireplaces Total: 2
Main Room Levels
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Showing Requirements
Showing Instructions: Call or Text Listing Agent at 305-900-8358
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Architectural Style: Cabin; Contemporary; Crossmod
Attic Features: Access Only
Basement: Basement; Bath/Stubbed; Finished
Common Walls: No Common Walls
Construction Materials: Frame
Cooling: Central Air
Current Financing: Conventional
Current Use: Investment; Residential; Single Family
Disclosures: Seller Disclosure
Documents Available: Aerial Photo; Septic Permit; Survey
Exterior Features: Lighting
Fireplace Features: Gas Starter; Wood Burning
Flooring: Luxury Vinyl; Tile
Foundation Details: Combination
Heating: Central
Interior Features: Breakfast Bar; Cathedral Ceiling(s); Ceiling Fan(s); Eat-in Kitchen; Granite Counters; High Speed Internet; Kitchen Island; Living/Dining Combo; Soaking Tub; Storage; Walk-In Closet(s); Walk-In Shower(s)
Laundry Features: Inside; Laundry Closet; Main Level
Levels: Three Or More; Tri-Level
Listing Terms: 1031 Exchange; Cash; Conventional
Lock Box Information: See Remarks
Lot Features: Country Setting; Sloped; Views
Other Structures: See Remarks
Parking Features: Driveway
Patio And Porch Features: Covered; Deck; Porch
Pets Allowed: Yes
Possession: Close Of Escrow
Property Condition: New Construction
Rental: Off Site
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Wood
Security Features: Smoke Detector(s)
Sewer: Septic Tank
Utilities: Cable Connected; Electricity Connected; High Speed Internet Connected; Internet Connected; Sewer Connected; Water Connected
View: Trees/Woods
Water Source: Public
Showing Requirements: Call Listing Agent; See Remarks
Listing Office: CURB Realty
Last Updated: March - 18 - 2025
Information deemed reliable but not guaranteed.