724 Littlefoot Lane, Gatlinburg, TN 37738

$710,000
1
BD
2
BA
1,688
SqFt
Sold Price
$710,000
List Price
$715,000
Closing Date
Nov 01, 2023
MLS#
263576
Status
CLOSED
Type
Single Family Residential
City
Gatlinburg
County
Sevier
Bedrooms
1
Bathrooms
2
Baths Half
1
Baths Full
1
Living Area
1,688
Lot Size
70,131
Year Built
2006

Property Description

Pool Time Paradise checks all the boxes for a successful rental in the Smoky Mountain short term cabin rental market. It features a heated indoor pool, excellent mountain view of Mount LeConte, close proximity to downtown Gatlinburg, and has the benefit of low operating expenses with no HOA fees and on its own private well (with a great 15 gallons per minute at 605' depth per drilling records) and septic. It can't be emphasized enough how rare it is for a one bedroom pool cabin sitting on over 1.6 ACRES, with a top notch mountain view, close to downtown Gatlinburg comes up for sale. Usually a one bedroom pool cabin will be situated on a small lot or part of a PUD with properties crammed in surrounding you. That's certainly not the case with this property with its room to roam and over 1.6 acres! The property generated an eye popping $82,690 (2021) and $73,017 (2022) of strictly rental rate revenue (not including cleaning fees, taxes, or any other additional fees). It's on track to have another stellar year in 2023. The property has the flexibility of being self managed via AirBnb/VRBO or with a management company. The property is currently managed by Elk Springs Resort and they aptly describe the property as follows: "Escape to the mountains with your special someone to your romantic getaway cabin and enjoy mountain views, an indoor heated pool and waterfall, hot tub, and loft suite with Jacuzzi Tub. Pool Table, Full Kitchen, Fireplace. You and your special someone will enjoy a romantic getaway at Pool Time Paradise. Enjoy relaxing in the hot tub on the covered deck or swimming in the heated indoor pool with waterfall. Read a book while relaxing in front of the gas fireplace or watch TV on the 46 inch HD TV with surround sound and blu-ray player." The property includes recent new updates such as a hot tub and miscellaneous decor/furniture upgrades/replacements. Additionally, the property backs to land owned by the Federal Government, so you shouldn't have to worry about any homes being built to the North/Northeast of the cabin! Note: Drone photos were used in some of the photographs.

Additional Information

Acres
1.61
Appliances
Dishwasher, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
Cooling
Electric, Heat Pump
Exterior Features
Rain Gutters
Fireplace
Yes
Living Area
1,688
Style
Cabin, Log
Subdivision
Other
View
Mountain(s), Seasonal
Year Built
2006
Zoning
R-1
Subdivision
Other
Heating
Electric, Heat Pump
Fireplaces
1
Water
Well
Sewer
Septic Tank, Septic Permit On File

Mortgage Calculator

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Calculator source: Real Geeks

Agent: Jay Fradd |

Office: Smoky Mountain Real Estate Corporation |

Selling Office: .

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2024 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .