640 Red Bud Lane, Gatlinburg, TN 37738
- $509,900
- 1
- BD
- 1
- BA
- 720
- SqFt
- Sold Price
- $509,900
- List Price
- $509,900
- Closing Date
- Oct 29, 2024
- MLS#
- 303160
- Status
- CLOSED
- Type
- Single Family Residential
- City
- Gatlinburg
- County
- Sevier
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 720
- Lot Size
- 4,791
- Year Built
- 1955
- Occupancy
- Either
Property 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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Additional Information
- Acres
- 0.11
- Appliances
- Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Self Cleaning Oven
- Basement
- None
- Cooling
- Central Air, Electric
- Exterior Features
- Rain Gutters, Lighting
- Fireplace
- Yes
- Living Area
- 720
- Style
- Cottage
- Year Built
- 1955
- Zoning
- R2
Mortgage Calculator
Agent: Madeline Blom |
Office: Real Broker |
Selling Office: .Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .