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Crown And Anchor Can Help You Purchase This Home
Thank you for choosing Crown And Anchor Reality! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Crown And Anchor is here to help!
708 Octagon Drive, Gatlinburg, 37738
Priced At: $859,900
Property Details for ID: 1266240
Contact Us Schedule Showing Text Flyer Email FlyerSqFt: 1,561
Price SqFt: $551
Total Bedrooms: 2
Full Baths: 3 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2024-06-13T23:29:17Z
Subdivision: Condo Villas III
Public Remarks: Nestled in the heart of Gatlinburg, this stunning octagon shaped cabin offers an unparalleled opportunity for both homeownership and investment. This exquisite cabin, recently fully remodeled, stands as a testament to quality craftsmanship and thoughtful design, ensuring a comfortable and luxurious living experience. Property Features Located in desired Blue Ridge Mountain Resort, this home boasts a unique architectural design that harmonizes with the natural beauty of the Smoky Mountains. The property features spacious living areas, high ceilings, and an abundance of natural light, creating an inviting and comfortable atmosphere. The interior is tastefully appointed with modern amenities and finishes, ensuring a luxurious living experience. Investment Potential Gatlinburg is renowned for its vibrant tourism industry, attracting millions of visitors annually who come to explore the Great Smoky Mountains National Park, enjoy the lively downtown area, and partake in a variety of outdoor activities. This steady influx of tourists makes this property an ideal candidate for an overnight rental income property. Sort Term Rental Income As an overnight rental, this property offers significant income potential. The home's location provides easy access to popular attractions, dining, and entertainment options, making it highly desirable for short-term renters. The picturesque views and proximity to nature trails and outdoor adventures further enhance its appeal to vacationers seeking a memorable stay. Key Highlights Prime Location: Situated in a sought-after area of Gatlinburg, close to major tourist attractions and amenities. Modern Amenities: Equipped with state-of-the-art appliances, comfortable furnishings, and high-speed internet. Scenic Views: Stunning vistas of the Smoky Mountains, providing a serene and captivating backdrop. Outdoor Spaces: Ample outdoor areas for relaxation and recreation, including a spacious deck with gas fire pit. Tourist Attraction Proximity: Minutes away from the Great Smoky Mountains National Park, Ober Gatlinburg, and the bustling downtown area. Investing in this property is not just about acquiring a beautiful home; it's about capitalizing on the robust tourism market of Gatlinburg, TN. Whether you envision it as a permanent residence or a lucrative Airbnb/VRBO rental, this property offers the best of both worlds. Seize the opportunity to own a piece of this thriving community and enjoy the financial benefits of an income-generating rental property in one of Tennessee's most popular tourist destinations. For more information on how to make this dream a reality, or to schedule a viewing, please contact us at your earliest convenience. Buyer to verify all information.
Schools Information
Elementary School: ********Middle / Junior School:
High School:
Building Description
Site Built: Yes
Year Built: 1987
Total Rooms: 8
SqFt (Total): 1,561
SqFt (Main Lvl): 819
SqFt (Down Lvl): 742
Full Baths: 3
1/2 Baths: 0
Fireplace: Yes
Bonus Room: No
Basement: Yes
Basement Type: Finished, Plumbed, Walkout, Outside Entr Only
Exterior Features
Appliances
Room Dimensions
Master Bedroom: Bedroom 2: Rec Room: Bathroom: Bathroom: Bathroom: Kitchen: Dining Room: Living Room: Utility Room:Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: Mandatory
HOA Fee: 240
HOA Freq: Monthly
HOA Contact: Blue Ridge Mountain Resort HOA
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
From Gatlinburg turn onto Hwy 321N East Parkway. Turn left onto Ridge Rd. Turn right onto Cartertown Rd. Go 1.1 miles turn left onto E Foothills Dr. Follow E. Foothills Dr. and turn right on Octagon Dr. Follow to property on left.
Your commute
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Mortgage Calculator
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
Four Reasons to Use Crown And Anchor Realty
Buying or Selling real estate should be fun and simple. With Crown And Anchor, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!