$999,000
$1,075,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
425 Patterson LN Gatlinburg, TN 37738
5 Beds
4 Baths
3,579 SqFt
Key Details
Sold Price $999,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 3,579 sqft
Price per Sqft $279
Subdivision Billy Moneymaker
MLS Listing ID 1196936
Sold Date 08/31/22
Style Other,Cottage,Cabin
Bedrooms 5
Full Baths 3
Half Baths 1
Originating Board East Tennessee REALTORS® MLS
Year Built 1995
Lot Size 0.760 Acres
Acres 0.76
Property Description
Amazing opportunity to own a 5 bedroom cabin in a great location and at a great price. This cabin is currently a full time residence but we have rental projections of $180,000 from a local management company. The property is just minutes from the Rocky Top Sports complex and about 10 minutes from downtown Gatlinburg. Sitting on just under an acre of near flat land, this property has a ton of potential as a short term rental, vacation home, or as a permanent residence. The property features plenty of parking, both covered and open. All on flat ground. The main level is an open concept with cathedral ceilings, real woods floors, full kitchen with granite counter tops and plenty of cabinet storage. The dining area is off the kitchen and has its own space with plenty of seating. Living room offers beautiful rustic furniture and a gas fireplace to cozy up to in the winter. The main level also has the over sized main suite with a king bed and huge bathroom. Full utility room with washer/dryer & half bath round out the main level. Upstairs has two large bedrooms with king size beds and the second full bathroom. The lower level offers plenty of opportunity with plenty of space. Currently it is setup as a secondary living area with small kitchen, rec area, and living room. This space would make a great game room or theater space. Bedrooms 4 and 5 are located on the lower level and feature a queen bed and then a twin over full Aspen bunk bed. The third full bathroom is located on this lower level as well. With full walk out access, the lower level goes outside to the wonderful fire pit area and hot tub, all with mountain views. This property has it all and would be a great addition to your portfolio. Property is occupied but easy to show.
Location
State TN
County Sevier County - 27
Area 0.76
Rooms
Other Rooms Basement Rec Room, LaundryUtility, Mstr Bedroom Main Level
Basement Finished, Walkout
Interior
Interior Features Cathedral Ceiling(s), Walk-In Closet(s), Wet Bar, Eat-in Kitchen
Heating Central, Heat Pump, Propane
Cooling Central Cooling
Flooring Carpet, Hardwood, Vinyl
Fireplaces Number 1
Fireplaces Type Gas Log
Fireplace Yes
Appliance Dishwasher, Disposal, Dryer, Smoke Detector, Refrigerator, Microwave, Washer
Heat Source Central, Heat Pump, Propane
Laundry true
Exterior
Exterior Feature Porch - Covered, Deck
Garage Carport
Carport Spaces 4
Garage Description Carport
View Mountain View
Parking Type Carport
Garage No
Building
Lot Description Rolling Slope
Faces From Glades road in Gatlinburg, turn right on to Proffitt Rd and then a right on Patterson. Home will be on the left. See sign.
Sewer Public Sewer
Water Public
Architectural Style Other, Cottage, Cabin
Additional Building Storage
Structure Type Wood Siding,Block,Frame
Others
Restrictions Yes
Tax ID 118H A 004.00
Energy Description Propane
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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