Listing Office: Great Mountain Realty LLC
$10,000
closing credit¹
509 Woodland Dr Gatlinburg, TN 37738
Property details
About 509 Woodland Dr
This stunning turnkey, 3-level luxury cabin in the Smoky Mountains, offers a rare investment opportunity with yearly income projections of $200,000-$231,000! With 8 spacious bedrooms, 4.5 baths, and accommodations for up to 22 guests, this property is perfect for a short-term rental or as a private mountain retreat. The spacious and versatile layout is suitable for entertaining large groups. The cabin boasts breathtaking views from two large decks, providing the perfect backdrop for relaxation. The open-concept main level features a gourmet kitchen with high-end appliances, a grand living area with a stone fireplace, and large windows that bring in so much natural light. The primary suite is conveniently located on the main level with a private deck area to overlook the mountains. Laundry is also conveniently located on the main level and includes a large pantry area. 4 roomy bedrooms are located on the second floor as well as 2 full bathrooms. Located downstairs are 2 additional bedrooms, 1 bathroom, additional laundry, game and a relaxation area with a second fireplace. This Smart Home has top-notch amenities throughout, including a hot tub, game/entertainment room and Tesla charging station. There is plenty of parking for numerous cars. Enjoy the large private lot which has much wildlife including visits from local bears. Less than 5 minutes from highly desirable vacation destination-downtown Gatlinburg which features many amenities, including the Blue Ridge Parkway, Smoky Mountain National Park, Dollywood, shops, and restaurants. This property is ideal for vacationers and investors alike. Take advantage of owning a furnished and tastefully decorated 6x12 Dovetail Southland Log Home with no HOA or HOA fees.
Highlights
Summary
- MLS Number: 1278984
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Wallace
- Office Phone: (865) 687-1111
- Office Email: jenniferhp@wallacetn.com
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$1,995,000
509 Woodland Dr
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 01, 2006 | Home Sold | $270,000 |
Mar 13, 2001 | Home Sold | $223,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2020 | $217,300 | $2,470 |
2019 | $120,275 | $379 |
2018 | $18,750 | $379 |
2017 | $10,625 | $1,103 |
History based on county public records data.
Nearby schools
4
Pi Beta Phi Elementary School
Public District PK-6
1.4 mi
•125 Cherokee Orchard Rd
5
Pittman Center Elementary School
Public District PK-6
4.9 mi
•2455 E Parkway
5
Catons Chapel Elementary School
Public District PK-6
6.2 mi
•3135 Catons Chapel Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,357. The most common annual income of people living in Gatlinburg, TN is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 509 Woodland Dr
This home is located at 509 Woodland Dr in Gatlinburg, TN and zip code 37738. This 4,403 square foot home, which was built in 2019, sits on a 0.71 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 9, 2024 and is currently priced at $1,995,000.
In December 2024, from all listings sold in Gatlinburg, TN there were more than 1 sold above asking price, over 13 sold below and more than 1 were sold right at the asked price. Between November and December 2024, Gatlinburg, TN real estate market has seen increase in the number of listings by 6.5%. In December 2024, listings were on the market for 139 days. During the same period, the median list price in this real estate market was $618,000.