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1119 Anastasia Way , "Hilltop Haven"

Gatlinburg, TN 37738
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 46 Days
  • ID#: 255045
Under Contract
UPDATED: 169 min ago
$1,200,000
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
  • 3,512
    SQFT
  • $342
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2017
County:
Area:

School Ratings & Info

Listing courtesy of Smoky Mountain Real Estate Corporation.


Description

Hilltop Haven is an incredible opportunity to purchase a prime location, well producing short term rental cabin in Gatlinburg! In 2021 the property grossed $165,260.90 (not including cleaning fees, taxes, etc). Equating to a 7.26 Gross Rental Multiplier (GRM) - among the best you'll see in our area. Driving the stellar rental income is its private indoor pool, theater room, and impeccable location in Gatlinburg with the Arts & Crafts Community. The four bedroom, four bath property is well maintained, appointed and decorated. The floor plan lends itself very well to short term rental. The lower level consists of the indoor pool room (with half bath & laundry), theater room, and a bedroom with full bath. On the main level you're welcomed to a large great room area, ample kitchen, half bath, and bedroom with en suite bath. The upstairs features two bedrooms, each with their own private bath along with a large game room/rec room area. The layout enables separating of groups well, while still allowing great common room access for all. The exterior is low maintenance cement board (Hardie Board) siding, saving many thousands of dollars during ownership compared to the regular staining of log cabins or wood sided cabins. Additionally, the covered porch area is much larger than the vast majority of short term rental properties in our area, offering a wonderful outdoor living experience. Being located in the Gatlinburg City Limits, the property has the rare situation of being a short term rental on city water and sewer, so you don't have to worry about well issues or septic failures. The combination of incredible amenities (private indoor pool, theater room, etc) and the extremely convenient location to downtown Gatlinburg makes this property a winner to add to your short term rental portfolio!

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Copyright 2023 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Billy Houston Group | Realty Executives. Information deemed reliable but not guaranteed. Last updated 2023-01-28T00:15:45.03.
www.billyhoustongroup.com/homes/135368722
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1119 Anastasia Way , "Hilltop Haven" Gatlinburg, TN 37738

  • Price: $1,200,000
  • Status: Active Under Contract
  • On Site: 46 Days
  • Updated: 169 min ago
  • ID#: 255045
4
Beds
4
Baths
2
½ Baths
N/A
Acres
3,512
SQFT
$342
$/SQFT
2017
Built
Neighborhood:
Laurel Estates
County:
Sevier
Area:
Gatlinburg
Property Description
Hilltop Haven is an incredible opportunity to purchase a prime location, well producing short term rental cabin in Gatlinburg! In 2021 the property grossed $165,260.90 (not including cleaning fees, taxes, etc). Equating to a 7.26 Gross Rental Multiplier (GRM) - among the best you'll see in our area. Driving the stellar rental income is its private indoor pool, theater room, and impeccable location in Gatlinburg with the Arts & Crafts Community. The four bedroom, four bath property is well maintained, appointed and decorated. The floor plan lends itself very well to short term rental. The lower level consists of the indoor pool room (with half bath & laundry), theater room, and a bedroom with full bath. On the main level you're welcomed to a large great room area, ample kitchen, half bath, and bedroom with en suite bath. The upstairs features two bedrooms, each with their own private bath along with a large game room/rec room area. The layout enables separating of groups well, while still allowing great common room access for all. The exterior is low maintenance cement board (Hardie Board) siding, saving many thousands of dollars during ownership compared to the regular staining of log cabins or wood sided cabins. Additionally, the covered porch area is much larger than the vast majority of short term rental properties in our area, offering a wonderful outdoor living experience. Being located in the Gatlinburg City Limits, the property has the rare situation of being a short term rental on city water and sewer, so you don't have to worry about well issues or septic failures. The combination of incredible amenities (private indoor pool, theater room, etc) and the extremely convenient location to downtown Gatlinburg makes this property a winner to add to your short term rental portfolio!
Exterior Features

Access Paved Construction Cement SidingFrame Exterior Features Double Pane WindowsSurfaced Drive Foundation Crawl Space Garage Capacity 0.00 Garage Type None Roof Composition Style CottageChaletCraftsman

Interior Features

Appliances DryerWasherMicrowaveElectric RangeDishwasherSmoke DetectorRefrigerator Bonus Rooms No Cooling Central AirElectricHeat Pump Fireplace TwoGas Log Heating CentralHeat PumpElectric Interior Features FurnitureInside/Inground PoolRecreation RoomWood FloorsLarge Master BedroomW/D ConnectionCeiling Fan(S)Great RoomHigh Speed InternetMedia RoomPrivate PoolWindow Treatment Sq Ft Above Grade 2348 Sq Ft Finished Basement 1164 Sq Ft Unfinished Basement 0

Property Features

Annual Tax 2793.92 Construction Type Site Built District 11 Hoa Fees 300.00 Hoa Fees Payment Frequency Monthly Hoa Includes ClubhouseMaintenance GroundsPoolRoads Hoa Name Laurel Estates At The Glades Hoa Hoa Type Mandatory Hoa YN Yes Lot Block Unit 9 Miscellaneous Hot TubPlanned Unit DevelopmentPoolBroadband Internet Available Occupancy Either Owner Financing No Proposed Financing CashConventional1031 Exchange Rental Rental History Residential Type Single Family Restrictive Covenants Yes Sewer Public Sewer Tax Year 2022 Water Utility Zoning R-2 Zoning Entity Gatlinburg

Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Smoky Mountain Real Estate Corporation | Office Phone: 8652778115 .

Copyright 2023 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Billy Houston Group | Realty Executives. Information deemed reliable but not guaranteed. Last updated 2023-01-28T00:15:45.03.
 
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Billy Houston Group | Realty Executives
124 N Winston Road, Suite 201
Knoxville TN, 37919
Listing courtesy of Smoky Mountain Real Estate Corporation.