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$599,000 $207/sq ft
Active 262 days on market

244 Palmer Rd

Gatlinburg, TN 37738 · Ely Acres · Sevier County

3 beds 2 baths 2,895 sq ft 0.66 acres 1984 built

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CashConventionalFHA

About this property

PRICE REDUCED TO SELL FAST! Spacious 3BR/2BA Log Cabin in Gatlinburg's Arts & Crafts District - Prime Investment Opportunity in the Great Smoky Mountains! Prime location, charm, and income potential with this stunning 3-bedroom, 2-bath log cabin is nestled in a private setting in the highly desirable Arts & Crafts District of Gatlinburg--just minutes from downtown attractions, dining, shopping, and the Trolley stop. Step inside to discover vaulted and beamed ceilings, a warm and inviting living room with a floor-to-ceiling stacked stone hearth, and a wood-burning stove that creates the perfect mountain cabin ambiance. The fully furnished, turn-key home is ready to move in or rent immediately and is already a proven short-term rental income producer, making it a fantastic investment opportunity. The main level features a spacious primary suite with a king-size bed and an updated en-suite bath with a custom stone walk-in shower. Upstairs, you'll find all-new flooring, a recently updated modern full bath, and two additional generously sized bedrooms. The extra-large second bedroom includes another king-size bed, while the oversized bonus area is perfect for groups, offering built-in bunk beds (3 twins), a queen bed, Air Hockey, and Foosball--comfortably accommodating up to 9 guests. The kitchen is fully equipped with stainless steel appliances, granite countertops, a breakfast bar, and a cozy eat-in dining area--ideal for entertaining. Enjoy the great outdoors on the expansive wrap-around covered porch, complete with rocking chairs, porch swings, hammocks, a hot tub, and a high-top table and chairs--plus a stone patio with grill space for evenings under the stars. Additional features include: Smart Home technology with Google integration & Nest thermostat system. -Walking distance to Trolley stop and local restaurants -Close to downtown Gatlinburg, the Parkway, and Dollywood -Sleeps up to 9 comfortably Strong past rental history with impressive ROI potential Don't miss this rare opportunity to own a beautiful, income-generating cabin in one of Gatlinburg's most popular and walkable locations. Whether you're seeking a personal mountain retreat, a vacation rental, or an investment property--this cabin checks all the boxes!

Facts & features

Overview

Type
Residential · Single Family Residence
Style
2 Story
Tax jurisdiction
City limits
HOA
None
Year built
1984
Price / sq ft
$207
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Interior

Bath detail
2 full
Building area
2,895 sq ft
Basement / foundation
Crawl Space

Lot & exterior

Lot size
0.66 acres
WoodedRolling SlopeCorner LotIrregular Lot

Views

Mountain ViewWoodedSeasonal

Listing details

MLS #
1315613
Status
Active
Days on market
262 days

Location

244 Palmer Rd, Gatlinburg, TN 37738 Ely Acres · Sevier County Open in Maps

Listing courtesy of Wallace. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.