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515 Patterson Ln

Gatlinburg, TN 37738
  • $625,000
  • STATUS: Active
  • ON SITE: 89 Days
  • ID#: 258100
UPDATED: 46 min ago
$625,000
  • 2
    BEDS
  • 0.04
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,158
    SQFT
  • $540
    $/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 2023 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 2023-10-02T23:15:52.693.
www.realestatewithsuzanne.com/homes/141175490
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515 Patterson Ln Gatlinburg, TN 37738

  • Price: $625,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 46 min ago
  • ID#: 258100
2
Beds
2
Baths
0
½ Baths
0.04
Acres
1,158
SQFT
$540
$/SQFT
1993
Built
Neighborhood:
Stevens-Cole Pud
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

Access City StreetPrivate Road Construction Wood Siding Exterior Features Wooded Foundation Crawl Space Garage Capacity 1.00 Garage Type Attached Carport Roof Metal Style Cabin

Interior Features

Appliances DisposalDishwasherDryerElectric RangeMicrowaveRange HoodRefrigeratorSelf Cleaning OvenSmoke DetectorWasher Attic None Basement None Bonus Rooms No Cooling Central Air Fireplace Wood Burning Heating Heat Pump Interior Features Ceiling Fan(S)FurnitureHigh Speed InternetLarge Primary BedroomLoftSecurity SystemW/D ConnectionWood Floors Number Of Rooms 5 Sq Ft Above Grade 1158 Sq Ft Finished Basement 0 Sq Ft Unfinished Basement 0 Stories One And One Half

Property Features

Annual Tax 862.66 Construction Type Site Built District 02 Hoa YN No Lot Block Unit /4-B Miscellaneous Mountain ViewPlanned Unit Development Occupancy Either Owner Financing No Proposed Financing CashConventional1031 Exchange Rental On SiteRental History Residential Type Single Family Restrictive Covenants Yes School Bus Service Gatlinburg-Pittman 9-12Pigeon Forge Middle 5-8Pittman Center K-8 Sewer Public Sewer Tax Year 2022 Water Utility Zoning R-1 Zoning Entity Gatlinburg

Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Wallace Real Estate Kp | Office Phone: 8659661111 .

Copyright 2023 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 2023-10-02T23:15:52.693.
 
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Suzanne Walls with eXp Realty
200 E Broadway Ave Suite 504
Maryville TN, 37804
Listing courtesy of Wallace Real Estate Kp.