Gatlinburg, TN 37738,640 Red Bud LN
Gatlinburg, TN 37738,640 Red Bud LN
Gatlinburg, TN 37738,640 Red Bud LN
18
Listed by Madeline Blom • Real Broker
$509,900
$509,900
Est.Price: ?

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1 BD
1 BA
720 SqFt

640 Red Bud LN Gatlinburg, TN 37738

Est. payment /mo
SOLD DATE : 10/29/2024

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Key Details

Sold Price $509,900

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 720 sqft

Price per Sqft $708

MLS Listing ID 303160

Sold Date 10/29/24

Style Cottage

Bedrooms 1

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 720

Originating Board Great Smoky Mountains Association of REALTORS®

Year Built 1955

Annual Tax Amount $756

Tax Year 2023

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Step into the charming ambiance of this 1-bedroom, 1-bathroom turn-key cottage, perfectly nestled in a prime downtown Gatlinburg location, just 1/4 mile from the main strip. This delightful retreat is not only fully furnished with tasteful decor but also features a kitchen equipped with stainless steel appliances and granite countertops. The design of the home emphasizes openness, allowing for good flow throughout the space and a gas fireplace to cozy up by on those cold winter nights. Outside, the large private deck is a true highlight, complete with a covered hot tub for year-round relaxation. The yard offers privacy and includes a fire pit for memorable evenings under the stars. This home offers peace and seclusion as it is uniquely positioned with no future construction allowed behind it as it backs directly onto the Great Smoky Mountains National Park. Praised by couples as an ideal mountain getaway, this property has consistently proven its worth, grossing $78,730 in 2023 with $68,873 already on the books for 2024, putting it on track to surpass last year's income. With 119 glowing reviews on Airbnb and easily accessible without steep roads, this cottage represents a lucrative investment opportunity and a peaceful escape that guests love, making it a standout offering in the bustling heart of Gatlinburg.

Location

State TN

County Sevier

Zoning R2

Direction Take 441 Parkway and make a right on Hemlock St. Then make a left onto Hill St. and a quick right to Laurel Ave. Red Bud Lane will be on your left.

Rooms

Basement None

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Kitchen Island, Walk-In Shower(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Gas Log

Fireplace Yes

Appliance Dishwasher, Dryer, Electric Cooktop, Microwave, Microwave Range Hood Combo, Refrigerator, Self Cleaning Oven

Laundry Laundry Closet

Exterior

Exterior Feature Lighting, Rain Gutters

Garage Driveway, Gravel

Fence None

Pool None

Utilities Available Cable Connected, Internet Connected, Sewer Connected, Water Connected

Waterfront No

Roof Type Composition

Street Surface Gravel

Porch Covered, Deck

Road Frontage City Street

Parking Type Driveway, Gravel

Garage No

Building

Lot Description City Lot, Wooded

Story 2

Sewer Public Sewer

Water Public

Architectural Style Cottage

Structure Type Stucco

New Construction No

Others

Security Features Smoke Detector(s)

Acceptable Financing 1031 Exchange, Cash, Conventional, Special Funding

Listing Terms 1031 Exchange, Cash, Conventional, Special Funding

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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