311 Proffitt Road, Gatlinburg, TN 37738
$2,000,000
Property Type:
Residential
Bedrooms:
8
Baths:
9
Square Footage:
4,399
Lot Size (sq. ft.):
145,926
Status:
Closed
Current Price:
$2,000,000
List Date:
6/15/2024
Last Modified:
11/13/2024
Overview
Description
Fantastic Investment Opportunity, 8 bedroom 9 bathroom pool lodge with sprinkler system minutes from downtown Gatlinburg and the Great Smoky Mountains National Park! This cabin is across from popular Gatlinburg Mills Park. This is the hot spot for the best of the best vacations! We do not have many 8 bedroom lodges in the rental pool for our area; perfect for families, traveling teams and reunions, corporate retreats and wedding parties. Tasteful finishes all throughout this carefully designed floor plan to maximize rental income and longevity. Located in the backyard of Rocky Top Sports World, this spot is unbeatable! Projected to do at least $300k a year incredible opportunity of value!! Professionally furnished top to bottom with top notch furniture, full stocked kitchen, turnkey and ready to go! City utilities, and insulated concrete log look siding for easy ownership and maintenance! As you enter the cabin on the main level you will walk into the kitchen and living room, two master suites and 1/2 bathroom with a stacking laundry closet adjacent. Upper level features five bedrooms with private bathrooms,1 of the 5 being a dedicated bunk bed room! Lower level has a movie lovers theater room next to the pool room with a massive game room makes for the perfect entertaining vacation! There is a sister lodge for sale with similar finishes for sale next door, check out 317 Proffitt Rd Gatlinburg, one or BOTH will make for an incredible addition to an investment portfolio.
Listing Details MLS# 301577
General Property Information
- Stories Total
- 3
- Lot Size Acres
- 3.35
- Living Area
- 4399
- Above Grade Finished Area
- 2933
- Below Grade Finished Area
- 1466
- Bedrooms Total
- 8
- Bathrooms Total
- 9
- Bathrooms Full
- 8
- Bathrooms Half
- Yes
- Garage YN
- No
- Fireplace YN
- Yes
- Year Built
- 2024
- Bonus Room YN
- No
- Furnished
- Furnished
- View YN
- Yes
- List Price/SqFt
- 488.75
- Sold Price/SqFt
- 454.65
- Garage Spaces
- 0
Property Features
Appliances:
Dryer; Electric Cooktop; Microwave; Refrigerator; Washer
Architectural Style:
Cabin
Construction Materials:
Cement Siding; Fiber Cement; Stucco
Fireplace Features:
Electric
Flooring:
Luxury Vinyl; Tile
Interior Features:
Granite Counters; Kitchen Island
Laundry Features:
Main Level
Levels:
Three Or More
Listing Terms:
1031 Exchange; Cash; Conventional
Lock Box Information:
See Remarks
Lot Features:
Views
Parking Features:
Asphalt
Pool Features:
Indoor
Possession:
Close Of Escrow
Road Frontage Type:
City Street
Roof:
Metal
Security Features:
Fire Sprinkler System
Sewer:
Public Sewer
Utilities:
Electricity Connected; High Speed Internet Connected; Sewer Connected; Water Connected
View:
Mountain(s)
Water Source:
Public
Showing Requirements:
Call Listing Agent; See Remarks
Location Tax and Legal
- Street Number
- 311
- Street Name
- Proffitt
- Street Suffix
- Road
- County
- Sevier
- State
- TN
- Zip Code
- 37738
- Property Sub Type
- Single Family Residence
- MLS Area Major
- Gatlinburg
- Subdivision Name
- Other
Contract Information
- Original List Price
- 2350000
- Listing Contract Date
- 2024-06-15
- Auction YN
- No
- Owner Name
- Inkrott, Bradley
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- Fantastic Investment Opportunity, 8 bedroom 9 bathroom pool lodge with sprinkler system minutes from downtown Gatlinburg and the Great Smoky Mountains National Park! This cabin is across from popular Gatlinburg Mills Park. This is the hot spot for the best of the best vacations! We do not have many 8 bedroom lodges in the rental pool for our area; perfect for families, traveling teams and reunions, corporate retreats and wedding parties. Tasteful finishes all throughout this carefully designed floor plan to maximize rental income and longevity. Located in the backyard of Rocky Top Sports World, this spot is unbeatable! Projected to do at least $300k a year incredible opportunity of value!! Professionally furnished top to bottom with top notch furniture, full stocked kitchen, turnkey and ready to go! City utilities, and insulated concrete log look siding for easy ownership and maintenance! As you enter the cabin on the main level you will walk into the kitchen and living room, two master suites and 1/2 bathroom with a stacking laundry closet adjacent. Upper level features five bedrooms with private bathrooms,1 of the 5 being a dedicated bunk bed room! Lower level has a movie lovers theater room next to the pool room with a massive game room makes for the perfect entertaining vacation! There is a sister lodge for sale with similar finishes for sale next door, check out 317 Proffitt Rd Gatlinburg, one or BOTH will make for an incredible addition to an investment portfolio.
- Directions
- From downtown Gatlinburg head Northeast towards Rocky Top Sports World, Turn left onto Proffitt Rd, At the traffic circle, take the 3rd exit and stay on Proffitt Rd, cabins will be on your left - see newly paved driveway. These are across th street from Mills Park - Field 7. https://maps.app.goo.gl/fH63DH6izFtRfqV68
Status Change Information
- Major Change Timestamp
- 2024-11-13T21:23:49Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2024-09-25T16:16:38Z
- Status Change Timestamp
- 2024-11-13
- Purchase Contract Date
- 2024-10-13
- Close Date
- 2024-11-13
- Close Price
- 2000000
- Buyer Financing
- Cash
- Anticipated Closing Date
- 2024-11-08
More Information
Fireplace Features
- Fireplaces Total
- Yes
- Electric
- Yes
Showing Requirements
- Showing Instructions
- Call/Text Veronica Powell: 703-727-8635
- Call Listing Agent
- Yes
- See Remarks
- Yes
Location, Tax, and Legal
- City/County
- County
- New Construction YN
- No
- Restrictive Covenants YN
- Yes
- Zoning
- R1
- Zoning Entity
- Sevier County
- Parcel Number
- 118 027.04
- Tax Lot
- 2
- Tax Annual Amount
- 36.08
- Tax Year
- 2023
Appliances
- Dryer
- Yes
- Electric Cooktop
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Architectural Style
- Cabin
- Yes
Construction Materials
- Cement Siding
- Yes
- Fiber Cement
- Yes
- Stucco
- Yes
Flooring
- Luxury Vinyl
- Yes
- Tile
- Yes
Interior Features
- Granite Counters
- Yes
- Kitchen Island
- Yes
Laundry Features
- Main Level
- Yes
Levels
- Three Or More
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Lock Box Information
- See Remarks
- Yes
Lot Features
- Views
- Yes
Parking Features
- Asphalt
- Yes
Pool Features
- Indoor
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Metal
- Yes
Security Features
- Fire Sprinkler System
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Electricity Connected
- Yes
- High Speed Internet Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
View
- Mountain(s)
- Yes
Water Source
- Public
- Yes
Listing Office:
Century 21 MVP
Last Updated: November - 13 - 2024
Information deemed reliable but not guaranteed.