751 RIDGE RD, Gatlinburg, TN 37738

$2,490,000
8
BD
7
BA
7,254
SqFt
List Price
$2,490,000
Price Change
▼ $200,000 1657612631
Status
ACTIVE
MLS#
251288
Bedrooms
8
Full-baths
6
Half-baths
1
Sq. Ft
7,254
Acres
2.94
Year Built
1980
Subdivision
Na

Property Description

This is truly an investors dream—this property has it all—three income producing, completely renovated properties all in one, plus an additional lot!! First is the majestic custom home with over 5,700 square feet featuring five spacious bedrooms and 4.5 baths, massive game room, hot tub and a private outdoor inground pool. The main floor is 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. Master Bedroom on main floor. Next is a completely renovated duplex featuring one 2BD/1BA unit and a 1BD/1BA unit each with private hot tub. All brand-new luxury furniture, furnishings, hot tubs, H&A units, some appliances, security system and more throughout all properties. 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—just 1.5 miles from downtown Gatlinburg. Very easy access and plenty of level parking spaces. (Number of BD & BA's are for all three units as well as the total sq. ft. Main house has 5BD/4.5BA. Duplex has a 1BD/1BA and a 2BD/1BA ) Property has only been on the rental company a short time and is doing well with lots of upcoming reservations. We have rental projections on file--estimated:1BD--$48K-$60K, 2BD--$60K-$75K and 5BD--$127K-$159K.

Additional Information

Price Per Sqft
$343
Days on Market
58
Annual Tax
2106.53
Tax Year
2019
Style
Chalet
Stories
Two
Interior Features
Furniture, Inside/Inground Pool, Recreation Room, Walk-In Closet(s), Wood Floors, Cathedral Ceiling(s), Large Master Bedroom, Security System, W/D Connection, Ceiling Fan(s), Great Room, Skylight, High Speed Internet, Solid Surface Countertops, Whirlpool, Formal Dining, Private Pool, Window Treatment
Exterior Features
Fenced, Surfaced Drive, Wooded
Amenities
Hot Tub, Pool, Cable TV
Appliances
Dryer, Washer, Microwave, Dishwasher, Gas Cooktop, Smoke Detector, Double Oven, Gas Range, Refrigerator
Foundation
Combination, Crawl Space, Slab
Construction
Wood Siding, Brick
Construction Type
Site Built
Roof
Composition
Attic
Pull Down Stairs
Fireplace Type
Blower Fan, 3 or More, Gas Log, One
Heating
Propane, Central, Electric
Cooling
Central Air, Electric
Sewer
Public Sewer
Water
Utility

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Karen Whitlock Realty.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2022 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .