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640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
640 Red Bud Lane Lane
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$509,900

640 Red Bud Lane Lane

1 Bed 1 Bath 720 Sq.Ft.

Description

Step into the charming ambiance of this 1-bedroom, 1-bathroom turn-key cottage, perfectly nestled in a prime downtown Gatlinburg location, just 1/4 mile from the main strip. This delightful retreat is not only fully furnished with tasteful decor but also features a kitchen equipped with stainless steel appliances and granite countertops. The design of the home emphasizes openness, allowing for good flow throughout the space and a gas fireplace to cozy up by on those cold winter nights. Outside, the large private deck is a true highlight, complete with a covered hot tub for year-round relaxation. The yard offers privacy and includes a fire pit for memorable evenings under the stars. This home offers peace and seclusion as it is uniquely positioned with no future construction allowed behind it as it backs directly onto the Great Smoky Mountains National Park. Praised by couples as an ideal mountain getaway, this property has consistently proven its worth, grossing $78,730 in 2023 with $68,873 already on the books for 2024, putting it on track to surpass last year's income. With 119 glowing reviews on Airbnb and easily accessible without steep roads, this cottage represents a lucrative investment opportunity and a peaceful escape that guests love, making it a standout offering in the bustling heart of Gatlinburg.

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Location

640 Red Bud Lane Lane, Gatlinburg, TN 37738

Status

Sold

Property Amenities

Interior
Laundry room Laundry Closet
Fireplace Gas Log
Appliances Dryer, Microwave Range Hood Combo, Self Cleaning Oven, Refrigerator, Microwave, Electric Cooktop, Dishwasher
Flooring Hardwood, Tile
Total Bedrooms: 1
Half Bathrooms: 1
Full Bathrooms: 1
Other Interior Features Ceiling Fan(s), Walk-In Shower(s), Kitchen Island, Granite Counters, Eat-in Kitchen
Area & Lot
Lot Area 4,791.6 Sq.Ft.
Living area 720 Sq.Ft.
MLS® ID 303160
Year Built 1955
Architecture Styles Cottage
Type Other
Status Sold
Exterior
Stories 2
Pool None
Air conditioning Central Air, Electric
Heat type Central, Electric
Water Source Public
Security Features Smoke Detector(s)
Sewer Public Sewer
Other Exterior Features Rain Gutters, Lighting
Lot Features City Lot, Wooded
Roof Composition
Utilities Cable Connected, Internet Connected, Water Connected, Sewer Connected
Finance
Sales Price $509,900
Real Estate Tax $757 yearly

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