5014 Latta Way, Gatlinburg, TN 37738

$446,000
2
BD
2
BA
1,055
SqFt

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Sold Price
$446,000
List Price
$460,000
Closing Date
Apr 08, 2024
MLS#
1254520
Status
CLOSED
Type
Single Family Residential
City
Gatlinburg
County
Sevier
Bedrooms
2
Bathrooms
2
Baths Full
2
Living Area
1,055
Lot Size
21,780
Year Built
2003
DOM
37

Property Description

MOTIVATED SELLER! Gorgeous SHORT TERM RENTAL cabin produced over $60,000 in Gross Rental Income in 2023 located in Gatlinburg with Vaulted ceilings, tons of privacy, a mountain view and easy access to downtown! All kitchen appliances, washer/dryer and furniture conveys to buyers. This well maintained cabin just had a $30k driveway/retaining wall put in with additional parking, balcony upgraded, fully stocked kitchen, and $15k in furnishings and decor! Additional features include: Rear deck with mountain view, loft area with spiral staircase, pullout couch and game table, Master on main with master bath, Jetted tub, walk in shower, private parking for 4 vehicles, metal roof and outside grill! Bonus: there is approximately over 300 sqf of unfinished basement you could utilize as a future living space. Enjoy all of this with NO HOA, low county only taxes and easy access to everything the smoky mountains have to offer! Currently managed with Evolve - on schedule to produce $60-70k for 2023. Perfect Short term rental below market value in Gatlinburg. Property is advertised to sleep 8 guests and minutes away from Great Smokies Mountain National Park, Art and Craft, shops, restaurants and entertainments. Sold turnkey.

Additional Information

Acres
0.50
Appliances
Dishwasher, Smoke Detector, Security Alarm, Refrigerator, Microwave, Washer
Basement
Yes
Construction
Stone, Wood Siding, Log, Block, Brick, Frame
Cooling
Central Cooling
Exterior Features
Deck
Fireplace
Yes
Floors
Vinyl, Tile
Garage
Designated Parking, Main Level, Common
Living Area
1,055
Lot Description
Private, Corner Lot, Rolling Slope
Style
Cottage, Craftsman, Cabin, Log, Chalet
Subdivision
Webbs Crk S/D
View
Mountain View, Wooded
Year Built
2003
Subdivision
Webbs Crk S/D
Heating
Central, Heat Pump, Electric
Num Of Rooms
8
Restrictions
Yes
Fireplaces
1
Hoa
No
Water
Shared Well
Sewer
Septic Tank

Mortgage Calculator

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Calculator source: Real Geeks

Agent: David Chile |

Office: Weichert REALTORS- Tiger Real Estate |

Selling Office: .