Gatlinburg, TN 37738,515 Patterson LN
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Gatlinburg, TN 37738,515 Patterson LN
Gatlinburg, TN 37738,515 Patterson LN
Gatlinburg, TN 37738,515 Patterson LN
Gatlinburg, TN 37738,515 Patterson LN

$625,000

Est. payment /mo

$625,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

515 Patterson LN Gatlinburg, TN 37738

2 Beds

2 Baths

1,158 SqFt

SOLD DATE : 10/06/2023

Key Details

Sold Price $625,000

Property Type Single Family Home

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Square Footage 1,158 sqft

Price per Sqft $539

Subdivision Stevens-Cole Pud

MLS Listing ID 1232112

Sold Date 10/06/23

Style Cabin

Bedrooms 2

Full Baths 2

Originating Board East Tennessee REALTORS® MLS

Year Built 1993

Lot Size 1,742 Sqft

Acres 0.04

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!

Location

State TN

County Sevier County - 27

Area 0.04

Rooms

Other Rooms Sunroom, Bedroom Main Level, Mstr Bedroom Main Level

Basement Crawl Space

Dining Room Eat-in Kitchen

Interior

Interior Features Pantry, Eat-in Kitchen

Heating Heat Pump, Electric

Cooling Central Cooling

Flooring Laminate, Carpet, Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Stone, Wood Burning

Fireplace Yes

Window Features Drapes

Appliance Dishwasher, Disposal, Dryer, Gas Grill, Tankless Wtr Htr, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave, Washer

Heat Source Heat Pump, Electric

Exterior

Exterior Feature Windows - Vinyl, Patio, Porch - Covered, Deck

Garage Attached, Carport, Main Level, Off-Street Parking

Carport Spaces 2

Garage Description Attached, Carport, Main Level, Off-Street Parking, Attached

View Mountain View, Wooded, Seasonal Mountain

Porch true

Parking Type Attached, Carport, Main Level, Off-Street Parking

Garage No

Building

Lot Description Cul-De-Sac, Private, Wooded, Irregular Lot, Rolling Slope

Faces From I-40 take exit 407 toward TN-66 S/Winfield Dunn Pkwy. 8.4mi turn left on North Parkway 0.6mi. Turn left on E Main St. 3.1mi. Turn right on Old Tennessee 35N 5.3mi. Straight onto TN-454 4.4mi. Turn right onto Glades Rd. 1.5mi. Turn left onto Proffitt Rd. 0.6mi. Turn right onto Patterson Ln. 0.1mi. GPS to 515 Patterson Lane, Gatlinburg.

Sewer Public Sewer

Water Public

Architectural Style Cabin

Structure Type Wood Siding,Frame

Schools

Middle Schools Pigeon Forge

High Schools Gatlinburg Pittman

Others

Restrictions Yes

Tax ID 118H A 007.00

Energy Description Electric

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Listed by Wallace

GET MORE INFORMATION

Katelyn Waters

Agent | License ID: 363091

+1(865) 660-5194 | katelyn@brickmortarproperties.com

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