724 Littlefoot Lane, Gatlinburg, TN 37738

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.