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#
702807
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
10

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
Community Amenities
Laundry
Appliances
Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Basement
Yes
Cooling
Central Air
Exterior Features
Outdoor Grill
Fireplace
Yes
Living Area
1,055
Lot Description
Corner Lot, Rolling Slope, Steep Slope
Lot Dimensions
194.5 X 253 IRR
Year Built
2003
Heating
Central
Fireplaces
1
Sewer
Septic Tank

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Calculator source: Real Geeks

Agent: David Chile |

Office: Weichert, REALTORS - Tiger Real Estate |

Selling Office: .