515 Patterson Lane, Gatlinburg, TN 37738
- $625,000
- 2
- BD
- 2
- BA
- 1,158
- SqFt
- Sold Price
- $625,000
- List Price
- $625,000
- Closing Date
- Oct 06, 2023
- MLS#
- 1232112
- Status
- CLOSED
- Type
- Single Family Residential
- City
- Gatlinburg
- County
- Sevier
- Bedrooms
- 2
- Bathrooms
- 2
- Baths Full
- 2
- Living Area
- 1,158
- Year Built
- 1993
- DOM
- 97
Property Description
PRICE DROP! Here are the highlights! 5 mins from Downtown Gatlinburg. Beautiful VIEWS! NEW roof, HVAC, water heater, major kitchen appliances, and crawlspace encapsulation! $65k projected income! Smart home technology! Location, Location, Location! ~~ Welcome to The Red Bird's Nest, a beautiful 2 bdrm, 2 bath cabin with amazing views of Mt. LeConte, Clingmans Dome, and the north range of the Smokies. Located in the sought after Glades area in the heart of the Arts & Crafts District of Gatlinburg. It's just minutes from downtown Gatlinburg, Dollywood, and Pigeon Forge attractions and a 2-minute drive or short walk to Mills Park, the Gatlinburg Community Center, and Rocky Top Sports complex. ~~ Profitable with room to grow! ~~ The current owners have built a 5-star reputation for Red Birds Nest and are ready to retire. This presents a great opportunity for someone looking for a lucrative investment. It is a highly profitable turnkey rental cabin with room to generate even more income. Past revenue numbers are based on a schedule shared with friends and family (free of charge), and a 5-person capacity. Just add a sleeper sofa to accommodate 7 guests and open the calendar. The bookings will roll in! There's nothing to do but take over operations and reap the rewards. ~~ Completely updated! ~~ Nearly every major appliance is new, and all the big-ticket systems have been replaced in the last ~2 years. This includes a new kitchen with granite countertops, new stainless-steel appliances, oversized HVAC, metal roof in 2023, interior and exterior paint, on demand hot water heater, crawlspace wrapping with dehumidifier, reverse osmosis system, all new quality interior doors, and added foundation supports. You should not have to replace or repair anything for many years! ~~ Comfort and Style! ~~ With 1,158 sq ft of beautifully appointed and decorated open floor plan living space. You'll love all the modern touches and automation while preserving the cozy cottage feel. Enjoy a relaxing soak in the jetted tub and cozy up to a wood burning fireplace; or head outside for your own private firepit and outdoor seating area. Enjoy a cup of coffee with filtered water from the reverse osmosis system. If tech and efficiency are your thing, you'll definitely appreciate all the modern upgrades with Wi-Fi enabled lighting, Ring security system, digital door locks, freeze sensor, and fire sensors. All of this can be operated from the cabin or from across the country. ~~ Don't miss out on this amazing opportunity to own your own piece of Gatlinburg; still one of Tripadvisor's top 20 destinations in the US! Contact us today to book your viewing!
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Additional Information
- Acres
- 0.04
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Dryer, Other, Tankless Water Heater
- Construction
- Frame, Wood Siding
- Cooling
- Central Air
- Exterior Features
- Windows - Vinyl, Gas Grill
- Fireplace
- Yes
- Floors
- Carpet, Laminate, Tile, Hardwood
- Garage
- Attached, Carport, Main Level, Off Street
- Living Area
- 1,158
- Lot Description
- Wooded, Cul-De-Sac, Rolling Slope, Irregular Lot, Private
- Style
- Cabin
- Subdivision
- Stevens-Cole Pud
- View
- Mountain View, Wooded, Seasonal Mountain View
- Year Built
- 1993
- Subdivision
- Stevens-Cole Pud
- Heating
- Heat Pump, Electric
- Num Of Rooms
- 5
- Restrictions
- Yes
- Fireplaces
- 1
- Hoa
- No
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Agent: Brook Holmes |
Office: Wallace |
Selling Office: .