519 Edgewood Drive

Gatlinburg, TN 37738

$950,000
Price
2
Beds
2
Baths
1
1/2 Bath
2,184 Sq. Ft.
$435 / Sq. Ft.
2,184
Sq. Ft.
$435
per Sq. Ft.

Description

Investment Opportunity: Smoky Mountain Cabin with Proven Rental Success
Discover this charming 2-bedroom, 2.5-bathroom cabin nestled in the heart of Gatlinburg, generating an impressive gross rental income of $100,000 per year for the last three years. Built in 2020, this property offers a solid investment for those seeking a reliable rental income stream. While the cabin is in need of updates, its potential shines through with features like three spacious decks that provide stunning views of the
...Investment Opportunity: Smoky Mountain Cabin with Proven Rental Success

Discover this charming 2-bedroom, 2.5-bathroom cabin nestled in the heart of Gatlinburg, generating an impressive gross rental income of $100,000 per year for the last three years. Built in 2020, this property offers a solid investment for those seeking a reliable rental income stream. While the cabin is in need of updates, its potential shines through with features like three spacious decks that provide stunning views of the surrounding mountains, along with multiple living areas ideal for relaxation and entertainment. Enjoy the cozy ambiance created by the cathedral ceilings and a fireplace in the great room, perfect for creating memorable experiences. The kitchen is equipped with ample cabinet space, granite countertops, and stainless-steel appliances, offering a great foundation for future enhancements. The bathrooms feature custom cabinets and attractive tilework, ready for your personal touch. Conveniently located just minutes from Downtown Gatlinburg, Pigeon Forge, and the Great Smoky Mountains National Park, this cabin is perfectly positioned for both relaxation and adventure. Take advantage of this lucrative investment opportunity and unlock the full potential of this well-performing rental cabin! Contact us today for more information or to schedule a private showing.
  1. Listed by Jamie C Smith • Keller Williams West Knoxville
  2. Listed by Jay Sams • Keller Williams West Knoxville

Property Details for 519 Edgewood Drive

Architectural Style
Cabin, Chalet
Sub division Name
Chanlet Village North
Style Cabin
True
Style Chalet
True
LISTING UPDATED: 10/10/2024 08:51 AM

Property Details for 519 Edgewood Drive

StatusActive
MLS #1275597
Days on Market77
Taxes$2,586 / year
HOA Fees$484 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Residential
Year Built2020
Lot Size0.43 AC / 18,730 SF
CountySevier County

Building Information for 519 Edgewood Drive

Stories-Year Built2020Building Size-Lot Size0.43 AC / 18,730 SF

Property Information for 519 Edgewood Drive

Summary
Location and General Information
  • City: Gatlinburg
  • County Or Parish: Sevier County - 27
  • Directions: In Gatlinburg from Spur. Take Wiley Oakly dr. (next to welcome center) To Edgewood Dr on Right.
  • Latitude: 35.728787
  • Longitude: -83.530147
  • MLS Area Major: Sevier County - 27
  • MLS Area Minor: Sevier County - 27
  • Postal Code: 37738
  • State Or Province: TN
  • Location Tax Legal Info Area: Sevier County - 27
  • Remarks Misc Directions: In Gatlinburg from Spur. Take Wiley Oakly dr. (next to welcome center) To Edgewood Dr on Right.
Parking
  • Attached Garage: No
  • Parking Features: Designated Parking, Main Level
  • Atchd Dtchd Type Detached: True
  • Garage Parking Designated Parking: True
  • Garage Parking Main Level: True
Taxes and HOA Information
  • Association Fee: 484.0
  • Association: true
  • Association Fee Frequency: Yearly
  • Parcel Number: 126B C 028.00
  • Location Tax Legal Info Total Tax: 2586.0
  • General Property Description HOA Fee: 484.0
  • General Property Description HOA Freq: Yearly
  • General Property Description HOA Contact: cvowners@aol.com
  • General Property Description HOA: Mandatory
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.43
  • Lot Size Units: Acres
  • Lot Size Square Feet: 18730.8
  • Year Built: 2020
  • Lot Features: Private
  • Building Area Total: 2184.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.43
  • Lot Size Source: Tax Records
  • General Property Description SqFt - Main Lvl: 728.0
  • General Property Description SqFt - Down Lvl: 728.0
  • General Property Description SqFt - 2nd Flr Lvl: 728.0
  • General Property Description SqFt - 3rd Flr Lvl: 0.0
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Acres: 0.43
  • General Property Description Acre Source: Tax Records
  • General Property Description Site Built: Yes
  • Lot Description Private: True
Property and Assessments
  • Possession: At Closing
  • Property Attached: No
  • Property Type Label: Single Family
  • Floor Plans Count: 0
  • Property Type: Single Family
  • Property Sub Type: Residential
  • Possession At Closing: True
Utilities
  • General Property Description Sewer: Septic Tank
  • Fuel Electric: True
  • Sewer Septic Tank: True
  • Water Public: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch - Covered
  • Construction Materials: Frame
  • Exterior Features Porch - Covered: True
Interior Features
  • Beds Total: 2
  • Baths Full: 2
  • Baths Half: 1
  • Fireplaces Total: 3
  • Bathrooms Total Integer: 3
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Fireplace Features: Electric
  • Flooring: Vinyl
  • Heating: Yes
  • Fireplace Electric: True
  • Cooling Central Cooling: True
  • Floors Vinyl: True
  • Basement Finished: True
  • General Property Description Number of Bedrooms: 2
  • General Property Description Number of Rooms: 6
  • General Property Description Fireplace: Yes
  • General Property Description Number of Fireplace: 3.0
  • General Property Description Basement: Yes
  • General Property Description Bonus Room: No
  • General Property Description Extra Storage: Yes
  • Heat Central: True
  • Appliances Dishwasher: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Smoke Detector: True
  • Appliances Washer: True
  • Misc Features Cathedral Ceiling: True
  • Misc Features Walk-in Shower: True
  • Misc Features WasherDryer Connect: True
Room Information
Room
  • Rooms Total: 6
Rental
Rent Information
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Electric

Property History for 519 Edgewood Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 519 Edgewood Drive

Taxable ValueLand$24,320Additions$150,440Total$174,760
Tax Record2021$1,617 ($135 / month)
Home Facts
Beds0Total Finished SqFt2,621 SqFtAbove Grade Finished SqFt1,893 SqFtFinished Basement SqFt728 SqFtStories2Lot Size13,305 SqFtStyleSingle Family ResidenceYear Built2020ZoningR-1CountySEVIERAPN078126B C 02800Fireplace TypeHas Fireplace

Schools near 519 Edgewood Drive

This home is within Sevier County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 9
Public - 10 to 12
Public - 10 to 12
Rating
School
Distance
Pi Beta Phi Elementary School
PublicPK to 6

Gatlinburg Pittman Junior High
Public7 to 9

Gatlinburg Pittman High School
Public10 to 12

Pigeon Forge High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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519 Edgewood Drive is a single family home for sale in Gatlinburg, TN 37738. This property was listed for sale on September 6, 2024 by Keller Williams West Knoxville, it's currently listed at $950,000. It has been on the market for a total of 77 days and was last sold on September 30, 2022. This listing's school district is Sevier County School District. Nearby schools include Pi Beta Phi Elementary School, Gatlinburg Pittman Junior High and Gatlinburg Pittman High School. 519 Edgewood Drive is a 2-bed, 2.5-bath, 2,184 sqft single family home built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams West Knoxville, Jamie C Smith; Keller Williams West Knoxville, Jay Sams (865.228.2493)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 10/10/2024 08:51 AM