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515 Patterson Lane

Gatlinburg, TN 37738
  • $625,000
  • STATUS: Closed
  • ON SITE: 432 Days
  • ID#: 258100
Sold - 10/06/2023
$625,000
SOLD - 10/06/2023
  • 2
    BEDS
  • 0.04
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,158
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1993
County:
Area:

School Ratings & Info

Listing courtesy of Wallace Real Estate KP.


Description

PRICE DROP! Here are the highlights! 5 mins from Downtown Gatlinburg. Beautiful VIEWS! NEW roof, HVAC, water heater, major kitchen appliances, and crawlspace encapsulation! $65k projected income! Smart home technology! Location, Location, Location! Welcome to The Red Bird's Nest, a beautiful 2 bdrm, 2 bath cabin with amazing views of Mt. LeConte, Clingmans Dome, and the north range of the Smokies. Located in the sought-after Glades area in the heart of the Arts & Crafts District of Gatlinburg. It's just minutes from downtown Gatlinburg, Dollywood, and Pigeon Forge attractions and a 2-minute drive or short walk to Mills Park, the Gatlinburg Community Center, and Rocky Top Sports complex. Profitable with room to grow. The current owners have built a 5-star reputation for Red Birds Nest and are ready to retire. This presents a great opportunity for someone looking for a lucrative investment. It is a highly profitable turnkey rental cabin with room to generate even more income. Past revenue numbers are based on a schedule shared with friends and family (free), and a 5-person capacity. Just add a sleeper sofa to accommodate 7 guests and open the calendar. The bookings will roll in! There's nothing to do but take over operations and reap the rewards. Completely updated! Nearly every major appliance is new, and all the big-ticket systems have been replaced in the last ~2 years. This includes a new kitchen with granite countertops, new stainless-steel appliances, oversized HVAC, metal roof, interior and exterior paint, on-demand hot water heater, crawlspace wrapping with dehumidifier, reverse osmosis system, all new quality interior doors, and added foundation supports. You should not have to replace or repair anything for many years! Comfort and Style! With 1,158 sq ft of beautifully appointed and decorated open floor plan living space. You'll love all the modern touches and automation while preserving the cozy cottage feel. Enjoy a relaxing soak in the jetted tub and cozy up to a wood-burning fireplace; or head outside for your own private firepit and outdoor seating area. Enjoy a cup of coffee with filtered water from the reverse osmosis system. If tech and efficiency is your thing, you'll definitely appreciate all the modern upgrades with Wi-Fi-enabled lighting, Ring security system, digital door locks, freeze sensor, and fire sensors. All of this can be operated from the cabin, or from across the country. Don't miss out on this amazing opportunity to own your own piece of Gatlinburg; still one of Tripadvisor's top 20 destinations in the US! Contact us today to book your viewing!

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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 ReaL Broker. Information deemed reliable but not guaranteed. Last updated 2024-09-10T00:16:52.347.
www.realestatewithsuzanne.com/homes/141175490
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515 Patterson Lane Gatlinburg, TN 37738

  • Price: $625,000
  • Status: Closed
  • On Site: 432 Days
  • ID#: 258100
2
Beds
2
Baths
0
½ Baths
0.04
Acres
1,158
SQFT
$0
$/SQFT
1993
Built
Neighborhood:
Other
County:
Sevier
Area:
Gatlinburg
Property Description
PRICE DROP! Here are the highlights! 5 mins from Downtown Gatlinburg. Beautiful VIEWS! NEW roof, HVAC, water heater, major kitchen appliances, and crawlspace encapsulation! $65k projected income! Smart home technology! Location, Location, Location! Welcome to The Red Bird's Nest, a beautiful 2 bdrm, 2 bath cabin with amazing views of Mt. LeConte, Clingmans Dome, and the north range of the Smokies. Located in the sought-after Glades area in the heart of the Arts & Crafts District of Gatlinburg. It's just minutes from downtown Gatlinburg, Dollywood, and Pigeon Forge attractions and a 2-minute drive or short walk to Mills Park, the Gatlinburg Community Center, and Rocky Top Sports complex. Profitable with room to grow. The current owners have built a 5-star reputation for Red Birds Nest and are ready to retire. This presents a great opportunity for someone looking for a lucrative investment. It is a highly profitable turnkey rental cabin with room to generate even more income. Past revenue numbers are based on a schedule shared with friends and family (free), and a 5-person capacity. Just add a sleeper sofa to accommodate 7 guests and open the calendar. The bookings will roll in! There's nothing to do but take over operations and reap the rewards. Completely updated! Nearly every major appliance is new, and all the big-ticket systems have been replaced in the last ~2 years. This includes a new kitchen with granite countertops, new stainless-steel appliances, oversized HVAC, metal roof, interior and exterior paint, on-demand hot water heater, crawlspace wrapping with dehumidifier, reverse osmosis system, all new quality interior doors, and added foundation supports. You should not have to replace or repair anything for many years! Comfort and Style! With 1,158 sq ft of beautifully appointed and decorated open floor plan living space. You'll love all the modern touches and automation while preserving the cozy cottage feel. Enjoy a relaxing soak in the jetted tub and cozy up to a wood-burning fireplace; or head outside for your own private firepit and outdoor seating area. Enjoy a cup of coffee with filtered water from the reverse osmosis system. If tech and efficiency is your thing, you'll definitely appreciate all the modern upgrades with Wi-Fi-enabled lighting, Ring security system, digital door locks, freeze sensor, and fire sensors. All of this can be operated from the cabin, or from across the country. Don't miss out on this amazing opportunity to own your own piece of Gatlinburg; still one of Tripadvisor's top 20 destinations in the US! Contact us today to book your viewing!
Exterior Features

Architectural Style Cabin Attached Garage YN No Construction Materials Wood Siding Lot Features Wooded Parking Features Attached Carport Patio And Porch Features CoveredPorch Road Frontage Type City StreetPrivate Road Roof Metal View Mountain(s) View YN Yes

Interior Features

Above Grade Finished Area 1158 Appliances DishwasherDisposalDryerElectric RangeMicrowaveRange HoodRefrigeratorSelf Cleaning OvenWasher Attic Features None Yes Basement Crawl SpaceNone Below Grade Finished Area 0 Cooling Central Air Cooling YN Yes Fireplace Features Wood Burning Fireplace YN Yes Flooring Wood Furnished Furnished Heating Heat Pump Heating YN Yes Interior Features Ceiling Fan(s)High Speed Internet Laundry Features Electric Dryer HookupWasher Hookup Levels One and One Half

Property Features

Accessory Dwelling Unit YN No Association YN No Construction Type Site Built Home Warranty YN No Listing Terms 1031 ExchangeCashConventional Occupancy Either Property Sub Type Single Family Residence Rental History Yes Restrictive Covenants YN Yes Rooms Total 0 Security Features Security SystemSmoke Detector(s) Sewer Public Sewer Tax Annual Amount 862.66 Tax Year 2022 Water Source Public Zoning R-1 Zoning Entity Gatlinburg

Copyright 2024 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Wallace Real Estate KP | Office Phone: 865-966-1111 .

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 ReaL Broker. Information deemed reliable but not guaranteed. Last updated 2024-09-10T00:16:52.347.
 
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Suzanne Walls with ReaL Broker
200 E Broadway Ave Suite 504
Maryville TN, 37804
Listing courtesy of Wallace Real Estate KP.