Gatlinburg, TN 37738,515 Patterson Lane
Gatlinburg, TN 37738,515 Patterson Lane
Gatlinburg, TN 37738,515 Patterson Lane
45
Listed by Brook Holmes • Wallace
$625,000
$625,000
Est.Price: ?

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2 BD
2 BA
1,158 SqFt

515 Patterson Lane Gatlinburg, TN 37738

Est. payment /mo
SOLD DATE : 10/06/2023

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Key Details

Sold Price $625,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,158 sqft

Price per Sqft $539

Subdivision Stevens-Cole Pud

MLS Listing ID 2870505

Sold Date 10/06/23

Bedrooms 2

Full Baths 2

Year Built 1993

Annual Tax Amount $863

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Single Family Residence

Property Description

PRICE DROP! Here are the highlights! 5 mins from Downtown Gatlinburg. Beautiful VIEWS! NEW roof, HVAC, water heater, major kitchen appliances, and crawlspace encapsulation! $65k projected income! Smart home technology! Location, Location, Location! ~~ Welcome to The Red Bird's Nest, a beautiful 2 bdrm, 2 bath cabin with amazing views of Mt. LeConte, Clingmans Dome, and the north range of the Smokies. Located in the sought after Glades area in the heart of the Arts & Crafts District of Gatlinburg. It's just minutes from downtown Gatlinburg, Dollywood, and Pigeon Forge attractions and a 2-minute drive or short walk to Mills Park, the Gatlinburg Community Center, and Rocky Top Sports complex. ~~ Profitable with room to grow! ~~ The current owners have built a 5-star reputation for Red Birds Nest and are ready to retire. This presents a great opportunity for someone looking for a lucrative investment. It is a highly profitable turnkey rental cabin with room to generate even more income. Past revenue numbers are based on a schedule shared with friends and family (free of charge), and a 5-person capacity. Just add a sleeper sofa to accommodate 7 guests and open the calendar. The bookings will roll in! There's nothing to do but take over operations and reap the rewards. ~~ Completely updated! ~~ Nearly every major appliance is new, and all the big-ticket systems have been replaced in the last ~2 years. This includes a new kitchen with granite countertops, new stainless-steel appliances, oversized HVAC, metal roof in 2023, interior and exterior paint, on demand hot water heater, crawlspace wrapping with dehumidifier, reverse osmosis system, all new quality interior doors, and added foundation supports. You should not have to replace or repair anything for many years! ~~ Comfort and Style! ~~ With 1,158 sq ft of beautifully appointed and decorated open floor plan living space. You'll love all the modern touches and automation while preserving the cozy cottage feel.

Location

State TN

County Sevier County

Interior

Interior Features Primary Bedroom Main Floor

Heating Electric, Heat Pump

Cooling Central Air

Flooring Carpet, Wood, Laminate, Tile

Fireplaces Number 1

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Oven, Washer

Exterior

Exterior Feature Gas Grill

View Y/N true

View Mountain(s)

Private Pool false

Building

Lot Description Cul-De-Sac, Private, Wooded, Other, Rolling Slope

Story 2

Structure Type Frame,Other

New Construction false

Schools

Elementary Schools Pittman Center Elementary

Middle Schools Pigeon Forge Junior High School

High Schools Gatlinburg Pittman High

Others

Senior Community false

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Jessie Tigges

Jessie Tigges

Agent | License ID: 380349

+1(303) 319-3617

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