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1008 Glades Rd

Gatlinburg, TN 37738
  • $529,900
  • STATUS: Active Under Contract
  • ON SITE: 40 Days
  • ID#: 1224274
Under Contract
UPDATED: 61 min ago
$529,900
  • 4
    BEDS
  • 1.58
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,990
    SQFT
  • $177
    $/SQFT
Type:
Single-Family Home
Built:
1964
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

INVESTORS!! PRIME OPPORTUNITY ON THIS 4BR/2.5BA TO FIX AND FLIP OR CONVERT INTO A HIGH-INCOME PRODUCING LUXURY CABIN FOR OVERNIGHT RENTAL! SITTING ON 1.58 ACRES IN THE CITY LIMITS OF GATLINBURG, TN! Currently on well/septic, but water and sewer is available to give potential of increasing bedroom count and size for remodel into a modern-rustic cabin which is in high demand! The 'in the mountain feel', unbeatable location, and privacy make this property one of a kind! This natural stone lodge is surrounded by beautiful land and a long paved driveway to enjoy the serene and peaceful setting. This would make a one of a kind overnight rental for large gatherings and once renovated could be an income producer since it already has a large area outside for a firepit and outdoor area., The interior of the home features a spacious living room with woodburning fireplace, Master Suite on the main level with private bathroom with walk in tiled shower that has already been updated previously, oversized kitchen area, and two additional bedrooms on the main level. Huge finished lower level (basement) previously used as an in law quarters with it own kitchen area , bathroom, bedroom, and great room perfect to make into a game room, with its own entrance, etc. There was a wood burning stove on lower level but it has been removed but potential to convert into a gas or electric fireplace Possibility to convert into a pool cabin by converting the attached garage into an indoor pool! Located right in the desirable arts and crafts area of Gatlinburg, TN and only minutes to shopping, dining, attractions, and close to Downtown Gatlinburg and the Great Smoky Mountains National Park entrance, etc. As you walk the land you will feel like you are in an enchanted forest with a private a serene setting taking in the beauty of being in the mountains with privacy, but yet so close to the action the area has to offer. Easily accessible location. Drone picture not indicative of view. Property is being sold AS IS. Home sold as it sits. Must see!

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© 2023 Knoxville Area Association of REALTORS®, Inc. 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 Tennessee Elite Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Tennessee Elite Realty. Data last updated: 2023-05-30T00:17:15.297.
www.tennesseeeliterealty.com/homes/138685492
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1008 Glades Rd Gatlinburg, TN 37738

  • Price: $529,900
  • Status: Active Under Contract
  • On Site: 40 Days
  • Updated: 61 min ago
  • ID#: 1224274
4
Beds
2
Baths
1
½ Baths
1.58
Acres
2,990
SQFT
$177
$/SQFT
1964
Built
County:
Sevier
Area:
Gatlinburg
Elementary School:
Pittman Center
Middle School:
Pigeon Forge
High School:
Gatlinburg Pittman
Property Description
INVESTORS!! PRIME OPPORTUNITY ON THIS 4BR/2.5BA TO FIX AND FLIP OR CONVERT INTO A HIGH-INCOME PRODUCING LUXURY CABIN FOR OVERNIGHT RENTAL! SITTING ON 1.58 ACRES IN THE CITY LIMITS OF GATLINBURG, TN! Currently on well/septic, but water and sewer is available to give potential of increasing bedroom count and size for remodel into a modern-rustic cabin which is in high demand! The 'in the mountain feel', unbeatable location, and privacy make this property one of a kind! This natural stone lodge is surrounded by beautiful land and a long paved driveway to enjoy the serene and peaceful setting. This would make a one of a kind overnight rental for large gatherings and once renovated could be an income producer since it already has a large area outside for a firepit and outdoor area., The interior of the home features a spacious living room with woodburning fireplace, Master Suite on the main level with private bathroom with walk in tiled shower that has already been updated previously, oversized kitchen area, and two additional bedrooms on the main level. Huge finished lower level (basement) previously used as an in law quarters with it own kitchen area , bathroom, bedroom, and great room perfect to make into a game room, with its own entrance, etc. There was a wood burning stove on lower level but it has been removed but potential to convert into a gas or electric fireplace Possibility to convert into a pool cabin by converting the attached garage into an indoor pool! Located right in the desirable arts and crafts area of Gatlinburg, TN and only minutes to shopping, dining, attractions, and close to Downtown Gatlinburg and the Great Smoky Mountains National Park entrance, etc. As you walk the land you will feel like you are in an enchanted forest with a private a serene setting taking in the beauty of being in the mountains with privacy, but yet so close to the action the area has to offer. Easily accessible location. Drone picture not indicative of view. Property is being sold AS IS. Home sold as it sits. Must see!
Exterior Features

Attached Or Detached Type Detached Construction FrameMasonry Exterior Features Patio Garage Parking Attached Lot Description LevelWooded Siding BrickStone Style CabinTraditional Type Other View Seasonal MountainWooded

Interior Features

Appliances Other Basement FinishedWalkout Basement YN Yes Bonus Room No Cooling Ceiling Fan(S)Central Cooling Dining Area Kitchen/Dining Rm Co Fireplace Type Wood Burning Fireplace YN Yes Fireplaces 2.00 Floors CarpetLaminate Fuel Electric Heat CentralHeat Pump Misc Features Washer/Dryer ConnectWired For Internet Rooms 0 Sq Ft Down Level 1181.00 Sq Ft Main Level 1809.00 Sq Ft Second Level 0.00 Sq Ft Third Level 0.00

Property Features

Auction YN No HOA No Lot 2 New Financing CashConventional Occupancy Either Property Status N/A Residential Sub Type Residential Restrictions No Site Built Yes Sq Ft Source Tax Records Total Tax 616.99

Listing information © 2023 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Tennessee Elite Realty: (865) 280-4922.


© 2023 Knoxville Area Association of REALTORS®, Inc. 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 Tennessee Elite Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Tennessee Elite Realty. Data last updated: 2023-05-30T00:17:15.297.
 
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