This is a value-add play, priced to reflect it. Sitting on over 2 acres in the Bear Mountain resort community in Gatlinburg, this cabin is secluded, private, and already on an active rental program. The pricing accounts for the updates and capital expenditures needed to get it performing where it should.
The property has two bedrooms, two full bathrooms, a master with fireplace, and an additional bonus room that works well as a flex space or office. Full kitchen, washer/dryer, hot tub, fire pit, outdoor stone fireplace, and a covered full-length porch that makes the most of the acreage around it. Wood-burning fireplace inside as well.
The setting is the story here. Long private driveway, near the end of the road, mountain views, and the kind of seclusion that books well for couples and small groups looking to disconnect. The management site rates it 4.8 across 28 reviews, which tells you guests like it once they're there. The issue is performance, not product.
An investor willing to put the work in gets a Gatlinburg asset on over 2 acres at a basis that leaves room to make money. That combination is harder to find than it used to be.
Property Features
Cooling Information
Central Air
Ceiling Fan(s)
Heating Information
Heat Pump
Water Features
Well
House Interior
Eat-in Kitchen
Parking
Off Street
Basement
Crawl Space
Fire Place
Wood Burning
Listing Courtesy: Prime Mountain Properties - 865-453-4049