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751 Ridge Rd , Duplex included

Gatlinburg, TN 37738
  • $2,490,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: 251288
UPDATED: 74 min ago
$2,490,000
  • 8
    BEDS
  • 2.94
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
  • 7,254
    SQFT
  • $343
    $/SQFT
Neighborhood:
Na
Type:
Single-Family Home
Built:
1980
County:
Area:

School Ratings & Info

Listing courtesy of Karen Whitlock Realty.


Description

This is truly an investors dreamthis property has it allthree income producing, completely renovated properties all in one, plus an additional lot!! First is the majestic custom home with over 5,700 square feet featuring five spacious bedrooms and 4.5 baths, massive game room, hot tub and a private outdoor inground pool. The main floor is an open concept living room, family room, dining room and a super large "chef's dream kitchen which is fully equipped with stainless steel appliances (including a 6 burner, double oven gas range), granite countertops, and beautiful cabinetry. Master Bedroom on main floor. Next is a completely renovated duplex featuring one 2BD/1BA unit and a 1BD/1BA unit each with private hot tub. All brand-new luxury furniture, furnishings, hot tubs, H&A units, some appliances, security system and more throughout all properties. There are so many features inside and out that make this property an excellent vacation destination for large groups, reunions or just a family getaway. The location is wonderfuljust 1.5 miles from downtown Gatlinburg. Very easy access and plenty of level parking spaces. (Number of BD & BA's are for all three units as well as the total sq. ft. Main house has 5BD/4.5BA. Duplex has a 1BD/1BA and a 2BD/1BA ) Property has only been on the rental company a short time and is doing well with lots of upcoming reservations. We have rental projections on file--estimated:1BD--$48K-$60K, 2BD--$60K-$75K and 5BD--$127K-$159K.

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Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Prime Mountain Properties. Information deemed reliable but not guaranteed. Last updated 2022-08-15T23:16:05.843.
www.smokymtnhomeinfo.com/homes/129984159
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751 Ridge Rd , Duplex included Gatlinburg, TN 37738

  • Price: $2,490,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 74 min ago
  • ID#: 251288
8
Beds
6
Baths
1
½ Baths
2.94
Acres
7,254
SQFT
$343
$/SQFT
1980
Built
Neighborhood:
Na
County:
Sevier
Area:
Gatlinburg
Property Description
This is truly an investors dreamthis property has it allthree income producing, completely renovated properties all in one, plus an additional lot!! First is the majestic custom home with over 5,700 square feet featuring five spacious bedrooms and 4.5 baths, massive game room, hot tub and a private outdoor inground pool. The main floor is an open concept living room, family room, dining room and a super large "chef's dream kitchen which is fully equipped with stainless steel appliances (including a 6 burner, double oven gas range), granite countertops, and beautiful cabinetry. Master Bedroom on main floor. Next is a completely renovated duplex featuring one 2BD/1BA unit and a 1BD/1BA unit each with private hot tub. All brand-new luxury furniture, furnishings, hot tubs, H&A units, some appliances, security system and more throughout all properties. There are so many features inside and out that make this property an excellent vacation destination for large groups, reunions or just a family getaway. The location is wonderfuljust 1.5 miles from downtown Gatlinburg. Very easy access and plenty of level parking spaces. (Number of BD & BA's are for all three units as well as the total sq. ft. Main house has 5BD/4.5BA. Duplex has a 1BD/1BA and a 2BD/1BA ) Property has only been on the rental company a short time and is doing well with lots of upcoming reservations. We have rental projections on file--estimated:1BD--$48K-$60K, 2BD--$60K-$75K and 5BD--$127K-$159K.
Exterior Features

Access City StreetPrivate DrivePaved Construction Wood SidingBrick Exterior Features FencedSurfaced DriveWooded Foundation CombinationCrawl SpaceSlab Garage Capacity 0.00 Garage Type None Roof Composition Style Chalet

Interior Features

Appliances DryerWasherMicrowaveDishwasherGas CooktopSmoke DetectorDouble OvenGas RangeRefrigerator Attic Pull Down Stairs Basement None Bonus Rooms Yes Cooling Central AirElectric Fireplace Blower Fan3 Or MoreGas LogOne Heating PropaneCentralElectric Interior Features FurnitureInside/Inground PoolRecreation RoomWalk-In Closet(S)Wood FloorsCathedral Ceiling(S)Large Master BedroomSecurity SystemW/D ConnectionCeiling Fan(S)Great RoomSkylightHigh Speed InternetSolid Surface CountertopsWhirlpoolFormal DiningPrivate PoolWindow Treatment Number Of Bonus Rooms 1 Sq Ft Above Grade 7254 Sq Ft Finished Basement 0 Sq Ft Unfinished Basement 0 Stories Two

Property Features

Annual Tax 2106.53 Construction Type Site Built District 11 Hoa YN No Lot Block Unit 123 Miscellaneous Hot TubPoolCable Tv Occupancy Either Owner Financing No Proposed Financing CashConventional Rental Off Site Residential Type Single Family Restrictive Covenants Yes Sewer Public Sewer Tax Year 2019 Water Utility Zoning C-2 Zoning Entity Gatlinburg

Copyright 2022 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Karen Whitlock Realty | Office Phone: 8657744848 .

Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Prime Mountain Properties. Information deemed reliable but not guaranteed. Last updated 2022-08-15T23:16:05.843.
 
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Prime Mountain Properties
807 Dolly Parton Pkwy
Sevierville TN, 37862
Listing courtesy of Karen Whitlock Realty.