Turnkey Mountain Retreat with $50,000 in Instant Equity & Incredible Investment Potential!
Motivated Sellers! Priced $50,000 below its recent appraised value, with the appraisal report on file, this exceptional property offers immediate equity and a rare opportunity for homeowners and investors alike.
Nestled in a peaceful wooded setting, this beautifully maintained private chalet retreat is completely turnkey and ready for its next owner. Recent upgrades include a new roof, HVAC system, water heater, stainless steel kitchen appliances, Generac whole-home generator, 2-car carport, 8'x12' Old Hickory shed, professionally hardscaped patio with firepit and seating wall, and an added mudroom with laundry closet. Simply move in and start enjoying mountain living from day one.
Whether you're searching for a full-time residence, vacation home, or income-producing property, this chalet offers tremendous flexibility. With its desirable location, privacy, and amenities, it presents an outstanding short-term rental opportunity. According to Vrbo's rental estimate, the property has the potential to generate up to $96,000 per year in rental income, making it an attractive option for investors seeking a turnkey STR in the Smoky Mountain area.
Inside, you'll find a spacious and inviting layout featuring an oversized family room with a custom-built dry bar, a dedicated craft room with built-in cabinetry, and a large basement storage area. The upstairs loft provides an ideal home office or flex space and offers seasonal views of the Smoky Mountains.
Step outside to your private backyard oasis, where you can relax on the shaded deck, enjoy the peaceful surroundings, watch local wildlife, or entertain guests on the expansive patio.
Located just minutes from the Foothills Parkway and surrounded by the natural beauty of East Tennessee, this property offers the perfect blend of privacy, comfort, and convenience.
As an added bonus, sellers are offering a one-year HWA Diamond Home Warranty (a $675 value) with an accepted contract, providing additional peace of mind for the new owner.
Don't miss this opportunity to own a move-in-ready mountain retreat with substantial equity, strong investment potential, and unmatched charm.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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