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515 Patterson Lane

Gatlinburg, TN 37738
  • $625,000
  • STATUS: Active Under Contract
  • ON SITE: 86 Days
  • ID#: 1232112
Under Contract
UPDATED: 63 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 Information

Elementary School:
Middle School:
High School:

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 of charge), 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 in 2023, 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 are 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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© 2023 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Silver Key Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Silver Key Realty. Data last updated: 2023-09-26T10:44:52.56.
www.findtennesseehomes.com/homes/141128506
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515 Patterson Lane Gatlinburg, TN 37738

  • Price: $625,000
  • Status: Active Under Contract
  • On Site: 86 Days
  • Updated: 63 min ago
  • ID#: 1232112
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
Elementary School:
Pittman Center
Middle School:
Pigeon Forge
High School:
Gatlinburg Pittman
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 of charge), 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 in 2023, 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 are 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

Attached Or Detached Type Detached Carport Spaces 2.00 Construction Frame Exterior Features DeckPatioPorch - CoveredWindows - Vinyl Garage Parking AttachedCarportMain LevelOff-Street Parking Lot Description Cul-De-SacIrregular LotPrivateRolling SlopeWooded Siding Wood Style Cabin Type 1 1/2 Story View Mountain ViewSeasonal MountainWooded

Interior Features

Appliances DishwasherDisposalDryerGas GrillMicrowaveOtherRangeRefrigeratorSecurity AlarmSelf Cleaning OvenSmoke DetectorTankless Wtr HtrWasher Basement Crawl Space Basement YN No Bonus Room No Cooling Central Cooling Dining Area Eat-In KitchenKitchen/Dining Rm CoLiving Rm/Dining Rm Fireplace Type StoneWood Burning Fireplace YN Yes Fireplaces 1.00 Floors CarpetHardwoodLaminateTile Fuel Electric Heat Heat Pump Misc Features DrapesInternet AvailablePantryWalk-In ShowerWasher/Dryer ConnectWhirlpool Tub Other Rooms Bedroom Main LevelMstr Bdrm Main LevelSunroom Rooms 5 Sq Ft Down Level 0.00 Sq Ft Main Level 696.00 Sq Ft Second Level 462.00 Sq Ft Third Level 0.00

Property Features

Auction YN No HOA No New Financing CashConventionalExchange Occupancy Either Property Status N/A Residential Sub Type Residential Restrictions Yes Site Built Yes Sq Ft Source Owner Total Tax 862.66

Listing information © 2023 East Tennessee REALTORS®.
Listing provided courtesy of Wallace: (865) 966-1111.


© 2023 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Silver Key Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Silver Key Realty. Data last updated: 2023-09-26T10:44:52.56.
 
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