1520 Garrett Lane, Gatlinburg, TN 37738
$2,265,000
Property Type:
Residential
Bedrooms:
5
Baths:
7
Square Footage:
4,264
Lot Size (sq. ft.):
40,075
Status:
Closed
Current Price:
$2,265,000
List Date:
8/31/2023
Last Modified:
8/27/2024
Overview
Description
INVESTORS! THERE'S SIMPLY NO OTHER LUXURY-PLUS CABIN LIKE THIS IN ALL OF THE SMOKIES! 5BR/7BA WITH BONUS ROOM, HEATED GROTTO STYLE INDOOR POOL WITH SWIM UP BAR, BASKETBALL COURT, PIRATE THEMED GAMEROOM, MILLION DOLLAR VIEWS OF MT. LECONTE, AND TONS OF OUTDOOR SPACE! SELLER WILL PROVIDE A $45k CREDIT TOWARD SPRINKLER SYSTEM INSTALLATION WITH ACCEPTABLE OFFER . Can sleep 22 people once sprinkler system is installed and has rental guarantee of $280,000 if sleeping 22! First full month on rental program was October 2023 with $150k in bookings for the next 12 months! This completely remodeled modern-rustic, 5 BR, 7BA cabin with bonus room setup as a bedroom has a superbly decorated grotto style heated indoor pool , that includes swim up bar stool seating as well as a theater to watch your favorite movies while you simultaneously enjoy the pool. Caution: The cabin boasts an absolutely in-your face view of Mt. Leconte that will take your breath away. The entertainment area includes a pirate themed game room comes with a pirate ship , black-lit mini golf, pool table, arcade games and VR games, that will keep your guests.......Will keep your guests wonderfully entertained want them to rebook this cabin. The open style kitchen and living room include a beautiful blend of natural logs, flora and indoor fountain that brings the natural beauty of the Smokies right into the cabin. Each of the 5 BRs king suites and additional bonus room are unique and exude so much luxury that it will make your guests feel like they are at the Ritz Carlton of the Smokies . Guests can relax and take-in the incomparable views of Mt Leconte from the hot tub and outdoor fire pit area. They can also play basketball or pickle ball on their private court. Like the Eagles song goes.....they will check-in any time they like but they may never want to leave. Also, featuring ample parking for multiple cars. Convenient location only minutes to Gatlinburg attractions and the Smoky Mountains National Park. Must see!
Listing Details MLS# 261165
General Property Information
- Lot Size Dimensions
- 145X150.9 IRR
- Lot Size Acres
- 0.92
- Living Area
- 4264
- Above Grade Finished Area
- 2989
- Below Grade Finished Area
- 1275
- Bedrooms Total
- 5
- Bathrooms Total
- 7
- Bathrooms Full
- 7
- Garage YN
- No
- Year Built
- 1982
- Bonus Room YN
- Yes
- Number of Bonus Rooms
- Yes
- 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
- 562.83
- Sold Price/SqFt
- 531.19
- Below Grade Unfinished Area
- 0
- Bathrooms Half
- 0
- Garage Spaces
- 0
Property Features
Appliances:
Dishwasher; Dryer; Gas Range; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer
Architectural Style:
Cabin; Chalet; Contemporary
Attic Features:
Floored
Basement:
Basement; Finished; Full; Walk-Out Access
Construction Materials:
Block; Brick; Cedar; Stone
Cooling:
Central Air; Heat Pump
Exterior Features:
Rain Gutters
Fireplace Features:
Electric
Heating:
Central; Heat Pump
Interior Features:
Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Solid Surface Counters; Walk-In Closet(s); Wet Bar
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Levels:
Two
Listing Terms:
Cash; Conventional
Lot Features:
Wooded
Parking Features:
Driveway; Paved
Patio And Porch Features:
Covered; Deck; Patio
Pool Features:
Hot Tub; In Ground
Possession:
Close Of Escrow
Rental:
Off Site
Road Surface Type:
Paved
Roof:
Metal
Security Features:
Smoke Detector(s)
Sewer:
Septic Tank
View:
Mountain(s)
Water Source:
Public
Showing Requirements:
Call Listing Agent; See Remarks
Location Tax and Legal
- Street Number
- 1520
- Street Name
- Garrett
- Street Suffix
- Lane
- County
- Sevier
- State
- TN
- Zip Code
- 37738
- Property Sub Type
- Single Family Residence
- MLS Area Major
- Gatlinburg
- Subdivision Name
- LeConte Properties
Contract Information
- Original List Price
- 2599900
- Listing Contract Date
- 2023-08-31
- Owner Name
- Margprop of Tennessee 1, LLC
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- INVESTORS! THERE'S SIMPLY NO OTHER LUXURY-PLUS CABIN LIKE THIS IN ALL OF THE SMOKIES! 5BR/7BA WITH BONUS ROOM, HEATED GROTTO STYLE INDOOR POOL WITH SWIM UP BAR, BASKETBALL COURT, PIRATE THEMED GAMEROOM, MILLION DOLLAR VIEWS OF MT. LECONTE, AND TONS OF OUTDOOR SPACE! SELLER WILL PROVIDE A $45k CREDIT TOWARD SPRINKLER SYSTEM INSTALLATION WITH ACCEPTABLE OFFER . Can sleep 22 people once sprinkler system is installed and has rental guarantee of $280,000 if sleeping 22! First full month on rental program was October 2023 with $150k in bookings for the next 12 months! This completely remodeled modern-rustic, 5 BR, 7BA cabin with bonus room setup as a bedroom has a superbly decorated grotto style heated indoor pool , that includes swim up bar stool seating as well as a theater to watch your favorite movies while you simultaneously enjoy the pool. Caution: The cabin boasts an absolutely in-your face view of Mt. Leconte that will take your breath away. The entertainment area includes a pirate themed game room comes with a pirate ship , black-lit mini golf, pool table, arcade games and VR games, that will keep your guests.......Will keep your guests wonderfully entertained want them to rebook this cabin. The open style kitchen and living room include a beautiful blend of natural logs, flora and indoor fountain that brings the natural beauty of the Smokies right into the cabin. Each of the 5 BRs king suites and additional bonus room are unique and exude so much luxury that it will make your guests feel like they are at the Ritz Carlton of the Smokies . Guests can relax and take-in the incomparable views of Mt Leconte from the hot tub and outdoor fire pit area. They can also play basketball or pickle ball on their private court. Like the Eagles song goes.....they will check-in any time they like but they may never want to leave. Also, featuring ample parking for multiple cars. Convenient location only minutes to Gatlinburg attractions and the Smoky Mountains National Park. Must see!
- Directions
- Take the Parkway toward Gatlinburg. Take the Gatlinburg/Parkway Bypass. Turn Right onto Campbell Lead Rd. Remain forward on Campbell Lead Rd; it will turn into Wiley Oakley Dr (continue forward). Follow Wiley Oakley Dr to Garrett DR. Turn Right onto Garrett LN. 1520 Garrett Lane will be on the Right. Look for Sign.
Status Change Information
- Major Change Timestamp
- 2024-03-18T14:36:27Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2023-11-29T03:17:29Z
- Status Change Timestamp
- 2024-03-18
- Purchase Contract Date
- 2024-01-13
- Close Date
- 2024-03-18
- Close Price
- 2265000
- Buyer Financing
- Conventional
- Anticipated Closing Date
- 2024-02-29
More Information
Showing Requirements
- Showing Instructions
- call 865-525-4999 to schedule showing.
- Call Listing Agent
- 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
- Sevier County
- Parcel Number
- 126I A 008.00
- Tax Lot
- 11/D
- Book/Page/Doc #
- 5900, 70
- Tax Annual Amount
- 3834.68
- Tax Year
- 2022
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Gas Range
- Yes
- Microwave
- Yes
- Range Hood
- Yes
- Refrigerator
- Yes
- Self Cleaning Oven
- Yes
- Washer
- Yes
Architectural Style
- Cabin
- Yes
- Chalet
- Yes
- Contemporary
- Yes
Attic Features
- Floored
- Yes
Basement
- Basement
- Yes
- Finished
- Yes
- Full
- Yes
- Walk-Out Access
- Yes
Construction Materials
- Block
- Yes
- Brick
- Yes
- Cedar
- Yes
- Stone
- Yes
Cooling
- Central Air
- Yes
- Heat Pump
- Yes
Exterior Features
- Rain Gutters
- Yes
Fireplace Features
- Electric
- Yes
Heating
- Central
- Yes
- Heat Pump
- Yes
Interior Features
- Cathedral Ceiling(s)
- Yes
- Ceiling Fan(s)
- Yes
- Great Room
- Yes
- Solid Surface Counters
- Yes
- Walk-In Closet(s)
- Yes
- Wet Bar
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
- Washer Hookup
- Yes
Levels
- Two
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Wooded
- Yes
Parking Features
- Driveway
- Yes
- Paved
- Yes
Patio And Porch Features
- Covered
- Yes
- Deck
- Yes
- Patio
- Yes
Pool Features
- Hot Tub
- Yes
- In Ground
- Yes
Possession
- Close Of Escrow
- Yes
Rental
- Off Site
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Metal
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Septic Tank
- Yes
View
- Mountain(s)
- Yes
Water Source
- Public
- Yes
Listing Office:
Tennessee Elite Realty
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.