Positioned in the highly desirable Great Smoky Arts & Crafts Community, this 3,000 + sq foot property offers a rare combination of size, location, and STR zoning- making it an exceptional opportunity for serious investors and developers. This property is projected if on the rental market to gross between $70,000 and $80,000 yearly. located just minutes from downtown Gatlinburg, this property gives guests convenient access tom top attractions while maintaining the charm and experience visitors seek in the arts and crafts district. Even more valuable, the property is connected to public water and sewer, eliminating the common development hurdles allowing for maximum build out potential. Whether you are looking to create a high income producing short term rental, expand into a multi-unit concept or develop a standout cabin concept this property checks ever box.
Based on the average sale price from the Knoxville, TN office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1189 Cole Lane Gatlinburg, TN is a Single Family Home for sale at $599900 with 3055 sqft and a lot size of 0.51 Acres Acre(s). 1189 Cole Lane Gatlinburg has 4 bedrooms, 2 baths and was built in 2016. The property's zip code is 37738 which is in Gatlinburg, TN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.