751 Ridge Rd 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 7,254 sqft
Price per Sqft $299
MLS Listing ID 1288569
Style Contemporary,Chalet
Bedrooms 8
Full Baths 6
Half Baths 1
Year Built 1980
Lot Size 2.830 Acres
Property Sub-Type Single Family Residence
Property Description
Check out this investment property in a fantastic location—less that 5 minutes to the main parkway in downtown Gatlinburg and traveling the opposite direction, it is less than five minutes to the Rocky Top Sports Center. This property has so much to offer—three income producing, completely renovated properties all in one, plus an additional vacant parcel!! First is the majestic custom home with over 5,700 square feet featuring five spacious bedrooms and 4.5 baths, impressive game room, hot tub and a private outdoor in-ground heated pool. The main floor has an open concept living room, family room, dining room and a super large 'chef's dream kitchen' which is fully equipped with stainless steel appliances (including a 6 burner, double oven gas range), granite countertops, and beautiful cabinetry. Ensuite king bedroom on main floor includes fireplace, sitting area, wonderful bathroom with whirlpool tub. The game room and other bedrooms are upstairs. Spacious porch areas with dining and relaxing furnishings, hot tub and heated pool. Just across from this home, is a completely renovated duplex featuring one 2BD/1BA unit and a 1BD/1BA unit each with private hot tub. All furniture, furnishings, hot tubs, H&A units, some appliances, security system and more throughout all properties are just a couple of years old. There are so many features inside and out that make this property an excellent vacation destination for large groups, reunions or just a family getaway. The location is wonderful. Very easy access and plenty of level parking spaces. (The total number of BD's & BA's shown are for all three units as well as the total sq. ft. The main house has 5BD/4.5BA, 5,742 sq. ft. The duplex has a 1BD/1BA, 672 sq. ft. and a 2BD/1BA, 840 sq. ft. Total Property Tax is $2,514.93. The House & Apts. $2,424.61 and Vacant Lot $90.32) 2024 Gross Rent Income was over $206K!!
Location
State TN
County Sevier County - 27
Area 2.83
Rooms
Other Rooms Mstr Bedroom Main Level
Dining Room Formal Dining Area
Interior
Heating Central,Propane,Electric
Cooling Central Cooling
Flooring Laminate,Carpet,Vinyl,Tile
Fireplaces Number 3
Fireplaces Type Gas Log
Exterior
Exterior Feature Gas Grill
Parking Features Off-Street Parking,Main Level
Garage Description Main Level, Off-Street Parking
Building
Lot Description Wooded
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Brick
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional