• Asking Price $859,900
  • Estimated Value: $610,723
  • 708 OCTAGON DR GATLINBURG, TN 37738

  • 2 Beds 3 Baths 1,561 SqFt
  • Commercial / Resale (MLS)

Property Details for 708 OCTAGON DR, GATLINBURG, TN 37738

Features

  • Price/sqft: $550
  • Lot Size: 43560 sq. ft.
  • Total Units: 1
  • Total Rooms: 9
  • Room List: Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3, Dining Room, Kitchen, Living Room, Master Bedroom, Utility Room
  • Stories: 100
  • Roof Type: IRR/CATHEDRAL
  • Heating: Central Furnace,Fireplace

Facts

  • Year Built: 01/01/1987
  • Property ID: 892120742
  • MLS Number: 1266240
  • Parcel Number: 117G-A-001.00-012
  • Property Type: Commercial
  • County: SEVIER
  • Legal Description: CONDO VILLAS III PB 24 PG 375 LOT 712
  • Zoning: R-1
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Nestled in the heart of Gatlinburg, this stunning octagon shaped cabin offers an unparalleled opportunity for both homeownership and investment. This exquisite cabin, recently fully remodeled, stands as a testament to quality craftsmanship and thoughtful design, ensuring a comfortable and luxurious living experience.nnProperty FeaturesnLocated in desired Blue Ridge Mountain Resort, this home boasts a unique architectural design that harmonizes with the natural beauty of the Smoky Mountains. The property features spacious living areas, high ceilings, and an abundance of natural light, creating an inviting and comfortable atmosphere. The interior is tastefully appointed with modern amenities and finishes, ensuring a luxurious living experience.ncommit;nnInvestment PotentialnGatlinburg is renowned for its vibrant tourism industry, attracting millions of visitors annually who come to explore the Great Smoky Mountains National Park, enjoy the lively downtown area, and partake in a variety of outdoor activities. This steady influx of tourists makes this property an ideal candidate for an overnight rental income property.nnSort Term Rental IncomenAs an overnight rental, this property offers significant income potential. The home's location provides easy access to popular attractions, dining, and entertainment options, making it highly desirable for short-term renters. The picturesque views and proximity to nature trails and outdoor adventures further enhance its appeal to vacationers seeking a memorable stay.nnKey HighlightsnPrime Location: Situated in a sought-after area of Gatlinburg, close to major tourist attractions and amenities.nModern Amenities: Equipped with state-of-the-art appliances, comfortable furnishings, and high-speed internet.nScenic Views: Stunning vistas of the Smoky Mountains, providing a serene and captivating backdrop.nOutdoor Spaces: Ample outdoor areas for relaxation and recreation, including a spacious deck with gas fire pit.nTourist Attraction Proximity: Minutes away from the Great Smoky Mountains National Park, Ober Gatlinburg, and the bustling downtown area.nnInvesting in this property is not just about acquiring a beautiful home; it's about capitalizing on the robust tourism market of Gatlinburg, TN. Whether you envision it as a permanent residence or a lucrative Airbnb/VRBO rental, this property offers the best of both worlds. Seize the opportunity to own a piece of this thriving community and enjoy the financial benefits of an income-generating rental property in one of Tennessee's most popular tourist destinations.nnFor more information on how to make this dream a reality, or to schedule a viewing, please contact us at your earliest convenience.nnBuyer to verify all information.

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Property Brokerage: United Real Estate Solutions 308 N Peters Rd Suite 225 Knoxville TN 37922
Copyright © 2024 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.