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133 Water Tower Rd

Gatlinburg, TN 37863
  • $899,000
  • STATUS: Active
  • ON SITE: 117 Days
  • ID#: 267160
UPDATED: 178 min ago
$899,000
  • 3
    BEDS
  • 0.55
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,782
    SQFT
  • $504
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1972
County:
Area:

School Ratings & Info

Listing courtesy of Century 21 MVP.


Description

GROSS RENTAL INCOME OF OVER $154,716.74 IN 2021. FULLY REMODELED ONE LEVEL 3 BR 2 BA CHALET WITH A PRIVATE POOL in Downtown Gatlinburg less than 2 mi from major Gatlinburg attractions, walking distance to Trolleys. Chalet offers amenities which guests absolutely love -convenient location, Splash pool, Hot Tub under Gazebo with mountain views, City views from Deck, Basketball hoop, mini-golf/putting green, Fibre Optic internet, Arcade machines, Swings, ample parking, Paved city roads right to the home. Results are evident in vacation rental income numbers and guest reviews. Mountain chalet made more than 150k in 2021 after paying platform commissions and taxes.. In 2022, it made more than $92k in 8 months. In 2023 its expected to make between 110-145k depending upon market conditions. Property was completely renovated in different phases over last 4 yrs. In 2018 - New KITCHEN with TILE Backsplash and GRANITE COUNTERTOPS, HVAC, Roof, Windows; In 2019 -Outdoor Splash pool with concrete patio, deck, mini-golf, raised ceiling in living room, kitchen appliances, TVs, locally made custom furniture, water heater etc. In 2021 - Brand new flooring; In 2022 - raised ceilings in Dining room, electrical updates, new electric range, sofa, new fence, and retaining wall. Home is connected with City Water and Sewer and zoned C-2. Owner considered adding additional square footage by extending home towards swimming pool and making it an indoor swimming pool with mountain views from 2 sides- opportunities are endless!

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Copyright 2024 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2024-02-29T00:15:39.5.
www.realestatewithsuzanne.com/homes/144969213
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133 Water Tower Rd Gatlinburg, TN 37863

  • Price: $899,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 178 min ago
  • ID#: 267160
3
Beds
2
Baths
0
½ Baths
0.55
Acres
1,782
SQFT
$504
$/SQFT
1972
Built
Neighborhood:
Jay Real Estate
County:
Sevier
Area:
Gatlinburg
Property Description
GROSS RENTAL INCOME OF OVER $154,716.74 IN 2021. FULLY REMODELED ONE LEVEL 3 BR 2 BA CHALET WITH A PRIVATE POOL in Downtown Gatlinburg less than 2 mi from major Gatlinburg attractions, walking distance to Trolleys. Chalet offers amenities which guests absolutely love -convenient location, Splash pool, Hot Tub under Gazebo with mountain views, City views from Deck, Basketball hoop, mini-golf/putting green, Fibre Optic internet, Arcade machines, Swings, ample parking, Paved city roads right to the home. Results are evident in vacation rental income numbers and guest reviews. Mountain chalet made more than 150k in 2021 after paying platform commissions and taxes.. In 2022, it made more than $92k in 8 months. In 2023 its expected to make between 110-145k depending upon market conditions. Property was completely renovated in different phases over last 4 yrs. In 2018 - New KITCHEN with TILE Backsplash and GRANITE COUNTERTOPS, HVAC, Roof, Windows; In 2019 -Outdoor Splash pool with concrete patio, deck, mini-golf, raised ceiling in living room, kitchen appliances, TVs, locally made custom furniture, water heater etc. In 2021 - Brand new flooring; In 2022 - raised ceilings in Dining room, electrical updates, new electric range, sofa, new fence, and retaining wall. Home is connected with City Water and Sewer and zoned C-2. Owner considered adding additional square footage by extending home towards swimming pool and making it an indoor swimming pool with mountain views from 2 sides- opportunities are endless!
Exterior Features

Access City Street Construction FrameWood Siding Exterior Features GuttersSurfaced Drive Foundation Slab Garage Capacity 0.00 Garage Type None Porch Patio Deck Patio Roof Composition Style Chalet

Interior Features

Appliances DishwasherDryerElectric RangeMicrowaveRange HoodRefrigeratorWasher Basement None Bedroom2 Comments CUSOM TILE SHOWER Bedroom2 Level First Bedroom3 Comments GRANITE VANITY TOP Bedroom3 Level First Bonus Rooms No Cooling Electric Fireplace ElectricOne Heating ElectricHeat Pump Interior Features Cathedral Ceiling(s)Ceiling Fan(s)FurnitureLarge Primary BedroomSolid Surface CountertopsW/D ConnectionWindow Treatment Kitchen Comments GRANITE COUNTERTOP Living Room Comments CATHEDRAL CEILING Master Bedroom Comments WALKIN CLOSETPRIVATE BA Master Bedroom Level First Master Bedroom Size 19' x 12' Number Of Bonus Rooms 0 Sq Ft Above Grade 1782 Sq Ft Finished Basement 0 Sq Ft Unfinished Basement 0 Stories One

Property Features

Annual Tax 881.53 Construction Type Site Built District 11 Hoa YN No Lot Block Unit na Miscellaneous Hot TubMountain ViewPool Occupancy Either Owner Financing No Proposed Financing CashConventional1031 ExchangeFHAVA Loan Rental Rental History Residential Type Single Family Restrictive Covenants Yes Sewer Public Sewer Tax Year 2022 Water Utility Zoning C-2 Zoning Entity Gatlinburg

Copyright 2024 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Century 21 MVP | Office Phone: 8654292121 .

Copyright 2024 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2024-02-29T00:15:39.5.
 
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Suzanne Walls with eXp Realty
200 E Broadway Ave Suite 504
Maryville TN, 37804
Listing courtesy of Century 21 MVP.