1500 Pinnacles Way, Newport, TN 37821 (MLS# 243334)

Elegant and inviting 9 Suites/10-room Inn Resort nestled on 78.96 wooded mountain acres in the Smoky Mountains region of East Tennessee. Features include beautifully appointed guest rooms, a library pub that serves wine and liquor drinks, breakfast room, formal dining room, pool, tennis court, and fitness room. There are hiking trails on the property. Easy drive to Great Smoky Mountains National Park, and the resort cities of Gatlinburg and Pigeon Forge. Stabilized and profitable. Certain artwork and personal property will not convey. The Inn Resort (1500 Pinnacles Way) is being offered for sale in conjunction with 1558 Pinnacles Way, a contiguous 2.12-acre lot improved with a residential dwelling: a beautiful, well-maintained and stylish mountain log house. This secluded property has 2,896 square feet on the first and second floor and an additional 1,668 square feet in the finished basement. The house has 3 bedrooms, 2.5 bathrooms, a bonus room, a recreation room and a workshop. The living room has a vaulted cathedral ceiling, features elegant Brazilian hardwood flooring, and a large double sided indoor-outdoor fireplace. The porch wraps around the house on 3 sides. The price for the Inn Resort and the residential house together shall be $2,390,000.00. The Inn Resort (1500 Pinnacles Way) may be purchased alone for $1,700,000. However, the residential house (1558 Pinnacles Way) may only be purchased in conjunction with 1500 Pinnacles Way. Contiguous 117-acre tract is available as a separate purchase. No DRIVE-BYS and no short-notice showings. All showings must be scheduled with listing agent.