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1619 E Pkwy Gatlinburg, TN 37738
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Key Details
Sold Price $975,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,191 sqft
Price per Sqft $305
Subdivision Oak Valley
MLS Listing ID 247474
Sold Date 05/19/22
Style Cottage,Country,Ranch,Split Foyer
Bedrooms 2
Full Baths 3
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 3,191
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 1980
Annual Tax Amount $1,615
Tax Year 2019
Lot Size 0.750 Acres
Acres 0.75
Property Description
With each passing year the Short Term Rental game gets more and more aggressive. Its important to have properties that stand out or that are unique. Well here it is. This 3 bedroom home has over 3,000 sqft and a ton of opportunity. It has been a successful rental for many years and was one of the first pool cabins in the area. This property has generated just under $130,000 in gross rents during its best years. It sits on just under 1 acre in the Arts & Crafts area of Gatlinburg. This unique home offers a split level floor plan, open concept, and full indoor pool. This is a not a splash pool, but a full freeform gunite pool. The main level offers full kitchen, large living room with wood burning fireplace, master bedroom with ensuite bathroom, full utility room with washer/dryer, and access to the 2 car garage. The second bedroom is on the main level as well. The pool room is just off the main foyer and has a wall of glass to showcase the mountain views. The lower level has an additional great room that would make an amazing game or rec room, an additional bedroom, bathroom and access to the lower level patio. Both patios offer great mountain views. Endless opportunities to make this property an amazing rental like no other. See addendum for rental restriction and minimum stay. Income info, survey, sqft measurements, updates list, and floor plan are all available and uploaded in the MLS. Drone photos included in this listing.
Location
State TN
County Sevier
Zoning R-1
Direction **Use the address 1619 Parkway Terrace for your GPS. If you use the E Parkway address, you will never arrive. From Gatlinburg take Hwy 321 east to a left on Glades Rd. Follow Glades Rd to a left at the blinking light (Powdermill Rd). Follow Powdermill to a slight left on to Valley Dr. Follow Valley Dr to a slight left onto Lake Dr. Take Lake Dr to a right on Parkway Terrace.
Rooms
Basement Basement, Exterior Entry, Finished, Walk-Out Access
Interior
Interior Features Ceiling Fan(s), Great Room, Soaking Tub, Solid Surface Counters
Heating Central, Heat Pump
Cooling Central Air, Heat Pump
Fireplaces Number 1
Fireplaces Type Wood Burning
Equipment Satellite Dish Owned
Fireplace Yes
Window Features Skylight(s),Window Treatments
Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters, Storage
Garage Driveway, Garage Door Opener, Paved
Garage Spaces 2.0
Fence Fenced
Pool Hot Tub, In Ground, Private
Waterfront No
View Y/N Yes
View Mountain(s)
Roof Type Composition
Street Surface Paved
Porch Patio, Porch
Road Frontage County Road
Parking Type Driveway, Garage Door Opener, Paved
Garage Yes
Building
Sewer Septic Tank, Septic Permit On File
Water Shared Well
Architectural Style Cottage, Country, Ranch, Split Foyer
Structure Type Block,Brick,Frame,Stucco,Wood Siding
Others
Security Features Security System,Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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