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921,22,27 Statham Way, Gatlinburg, TN 37738

$1,790,000
Property Type: Single Family Bedrooms: 4 Square Footage: 3,065 Lot Size (sq. ft.): 436 Status: Active
Current Price: $1,790,000 List Date: 2/07/2024 Last Modified: 4/29/2024

Description

$167,000 worth of bookings so far in 2024! Three income producing cabins just off the Gatlinburg Bypass! Introducing a rare opportunity to own an enchanting small cabin village strategically positioned just 5 minutes above downtown Gatlinburg and 5 minutes to the national park entrance. This collection of three cabins benefits from an exceptional location while presenting a rare investment opportunity with the potential to generate three times the rental income of a single home purchase. Designed to accommodate a total of 14 guests, these cabins sleep your visitors comfortably in beds across the three units. At the heart of each cabin is its kitchen, with beautiful granite countertops that elegantly complement the rustic décor. The kitchens feature an island with barstool seating, inviting you to gather around and share stories while preparing meals. Equipped with stainless steel appliances, they combine both functionality and modern style. Indulge in the enormous tile showers with waterfall faucets, offering a spa-like experience to your guests. The inclusion of tankless water heaters ensures a consistent and efficient supply of hot water for the utmost convenience. High-quality luxury vinyl plank flooring graces each cabin, creating a rustic, modern aesthetic. Each cabin boasts a like-new construction. The back decks of these cabins are true havens of relaxation. Spanning over 800 sq ft combined, they provide captivating views while maintaining the privacy. Enjoy the warmth of the outdoor fireplaces, sink into the cozy outdoor couches, and unwind in the soothing hot tub while catching up on your favorite TV shows under a starlit sky. The Village at Statham Way harmoniously blends rustic cabin charm with modern conveniences. This unique offering ensures you can experience the tranquility of nature without sacrificing the comforts of modern luxurious living.

More Information MLS# 1251975

Location, Tax & Legal Info

House #: 921,22,27 Street Name: Statham St Suffix: Way State/Province: TN Zip Code: 37738 Property Sub-Type: Residential Area: Sevier County - 27 City/County Code: City Limits PIN #: 126 003.06 Subdivision: Statham Enterprises Pud Total Tax: 3839.63 Geo Lat: 35.715455 Geo Lon: -83.526956

Contract Info

Auction Y/N: No Listing Price: 1790000 Current Price: $1,790,000 Status: Active Listing Date: 2024-02-07 Cooperation Comp: 2.5 Compensation Type: % Occupancy: Either Gross Amount Year 1: 219000 Gross Amount Year 2: 162000

General Property Description

Type: Ranch Acres: 0.01 Acre Source: Tax Records Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 3065 SqFt - Main Lvl: 3065 # Bedrooms: 4 Baths - Full: 4 # of Rooms: 10 Fireplace: Yes # Fireplace: 7 Property Status: N/A HOA: No Year Built: 2019 Bonus Room: No Extra Storage: No

Remarks & Misc

Directions: From Exit 407: Tak SR 66 towards Gatlinburg for about 9 miles, turn right onto Parkway Go 11 miles and take the Gatlinburg By Pass when the road splits to the right, Go 1.8 miles on the By Pass and turn left onto Campbell Lead Rd, Go 300 ft and take a left onto Statham Way. The three cabins are at the end of Statham Way at the Cul-De-Sac. Public Remarks: $167,000 worth of bookings so far in 2024! Three income producing cabins just off the Gatlinburg Bypass! Introducing a rare opportunity to own an enchanting small cabin village strategically positioned just 5 minutes above downtown Gatlinburg and 5 minutes to the national park entrance. This collection of three cabins benefits from an exceptional location while presenting a rare investment opportunity with the potential to generate three times the rental income of a single home purchase. Designed to accommodate a total of 14 guests, these cabins sleep your visitors comfortably in beds across the three units. At the heart of each cabin is its kitchen, with beautiful granite countertops that elegantly complement the rustic décor. The kitchens feature an island with barstool seating, inviting you to gather around and share stories while preparing meals. Equipped with stainless steel appliances, they combine both functionality and modern style. Indulge in the enormous tile showers with waterfall faucets, offering a spa-like experience to your guests. The inclusion of tankless water heaters ensures a consistent and efficient supply of hot water for the utmost convenience. High-quality luxury vinyl plank flooring graces each cabin, creating a rustic, modern aesthetic. Each cabin boasts a like-new construction. The back decks of these cabins are true havens of relaxation. Spanning over 800 sq ft combined, they provide captivating views while maintaining the privacy. Enjoy the warmth of the outdoor fireplaces, sink into the cozy outdoor couches, and unwind in the soothing hot tub while catching up on your favorite TV shows under a starlit sky. The Village at Statham Way harmoniously blends rustic cabin charm with modern conveniences. This unique offering ensures you can experience the tranquility of nature without sacrificing the comforts of modern luxurious living.

Status Change Info

Status Change Date: 2024-02-07

Property Features

Atchd/Dtchd Type: Detached Style: Cabin; Log Construction: Frame Siding: Log; Wood Garage/Parking: Off-Street Parking Basement: Crawl Space Lot Description: Cul-De-Sac; Irregular Lot; Rolling Slope; Zero Lot Line View: Mountain View; Wooded Fireplace: Gas Log; Gas Floors: Vinyl Fuel: Propane Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dryer; Microwave; Range; Refrigerator; Tankless Wtr Htr; Washer Sewer: Septic Tank Water: Public Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level Misc Features: Cathedral Ceiling; Hot Tub; Island in Kitchen; Walk-in Shower; Whirlpool Tub Exterior Features: Balcony; Deck; Porch - Covered Dining Area: Kitchen/Dining Rm Co New Financing: Cash; Exchange; Other
Listing Office: The Ferguson Company
Office Phone: 865-690-1300
Last Updated: April - 29 - 2024
921,22,27 Statham Way, Gatlinburg, TN 37738- MLS# 1251975
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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