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1108 Circle PT Gatlinburg, TN 37738
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Key Details
Sold Price $450,000
Property Type Single Family Home
Sub Type Cabin
Listing Status Sold
Purchase Type For Sale
Square Footage 1,520 sqft
Price per Sqft $296
Subdivision Leconte Properties
MLS Listing ID 305460
Sold Date 08/08/25
Style Cabin,Chalet,Cottage
Bedrooms 2
Full Baths 2
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 570
Year Built 2017
Annual Tax Amount $2,168
Tax Year 2024
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Cabin
Source Great Smoky Mountains Association of REALTORS®
Land Area 1520
Property Description
Back on the market; not due to seller fault . Attention investors! This property is exclusively available for cash buyers. Currently owned by a bank, all offers are welcome. Experience breathtaking views from this exceptional cabin located in Chalet Village, boasting unobstructed sights of Mount Leconte. The property features 2 bedrooms and 2 and a half baths. It is important to note that the cabin is fully stripped, lacking essentials such as toilets, showers, kitchen amenities, HVAC, and water heater, providing a unique opportunity for customization.
The cabin offers an extraordinary outdoor experience with a beautiful oversized back deck equipped with a 6-person hot tub. Additionally, a covered half deck includes a ceiling fan, and there is side staircase access. Historically, when renovated, this cabin generated over $70,000 in gross rental income, demonstrating its lucrative potential.
Prospective buyers will be pleased to know that a fully refurbished property could be valued at approximately $700,000. This cabin is versatile, suitable for an investment opportunity, a primary residence, a second home, or a vacation rental property. Its prime location enhances its appeal, situated just 5 miles from downtown Gatlinburg, 3.3 miles from the Great Smoky Mountains National Park, and 2.5 miles from Ober Gatlinburg Ski slopes, with Dollywood also nearby.
This is an opportunity not to be missed for those looking to realize their Smoky Mountain dreams.
Location
State TN
County Sevier
Zoning R-1
Direction US-441 Pigeon Forge, TN Head west toward Parkway 7 sec (128 ft) Turn left onto US-321 N/US-441 S/Parkway Pass by Baskin-Robbins (on the right) 8 min (5.4 mi) Follow Wiley Oakley Dr to Circle Point
Rooms
Basement Crawl Space
Interior
Interior Features Ceiling Fan(s), Walk-In Closet(s)
Heating None
Cooling None
Flooring Carpet, Laminate
Furnishings Unfurnished
Fireplace No
Appliance None
Laundry Laundry Closet
Exterior
Parking Features Common
Garage Spaces 3.0
Community Features Other
Utilities Available Electricity Connected, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Composition
Street Surface Paved
Porch Covered, Deck
Road Frontage City Street
Garage No
Building
Lot Description Irregular Lot, Views
Story 2
Sewer Septic Tank
Water Public
Architectural Style Cabin, Chalet, Cottage
Structure Type Block,Frame,Wood Siding
New Construction No
Others
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition In Foreclosure
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