1108 Circle PT Active Save Request In-Person Tour Request Virtual Tour
Gatlinburg,TN 37738
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,520 sqft
Price per Sqft $328
MLS Listing ID 706819
Style Chalet,Cottage
Bedrooms 2
Full Baths 2
Half Baths 1
Year Built 2017
Annual Tax Amount $2,168
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions 0.45
Property Sub-Type Single Family Residence
Source Lakeway Area Association of REALTORS®
Property Description
Back on the market; not due to seller fault . Attention investors! This property is exclusively available for cash buyers. Currently owned by a bank, all offers are welcome. Experience breathtaking views from this exceptional cabin located in Chalet Village, boasting unobstructed sights of Mount Leconte. The property features 2 bedrooms and 2 and a half baths. It is important to note that the cabin is fully stripped, lacking essentials such as toilets, showers, kitchen amenities, HVAC, and water heater, providing a unique opportunity for customization.
The cabin offers an extraordinary outdoor experience with a beautiful oversized back deck equipped with a 6-person hot tub. Additionally, a covered half deck includes a ceiling fan, and there is side staircase access. Historically, when renovated, this cabin generated over $70,000 in gross rental income, demonstrating its lucrative potential.
Prospective buyers will be pleased to know that a fully refurbished property could be valued at approximately $700,000. This cabin is versatile, suitable for an investment opportunity, a primary residence, a second home, or a vacation rental property. Its prime location enhances its appeal, situated just 5 miles from downtown Gatlinburg, 3.3 miles from the Great Smoky Mountains National Park, and 2.5 miles from Ober Gatlinburg Ski slopes, with Dollywood also nearby.
This is an opportunity not to be missed for those looking to realize their Smoky Mountain dreams.
Location
State TN
County Sevier
Direction US-441 Pigeon Forge, TN Head west toward Parkway 7 sec (128 ft) Turn left onto US-321 N/US-441 S/Parkway Pass by Baskin-Robbins (on the right) 8 min (5.4 mi) Follow Wiley Oakley Dr to Circle Point
Rooms
Basement Crawl Space
Interior
Interior Features Ceiling Fan(s)
Heating None
Cooling None
Fireplace No
Exterior
Exterior Feature Balcony
Utilities Available Electricity Available,Water Available,Water Connected
Roof Type Shingle
Porch Covered,Deck,Front Porch,Porch,See Remarks
Garage No
Building
Lot Description Cleared,Irregular Lot,Paved,Rolling Slope,Views
Water Public
Architectural Style Chalet,Cottage
New Construction No
Others
Senior Community No
Tax ID 126H B 00200 000