Listed by David Chile of Weichert,REALTORS - Tiger Rea
Attention investors! This property is exclusively available for cash buyers. Currently owned by a bank, all offers are welcome. Experience breathtaking views from this exceptional cabin located in Chalet Village, boasting unobstructed sights of Mount Leconte. The property features 2 bedrooms and 2 and a half baths. It is important to note that the cabin is fully stripped, lacking essentials such as toilets, showers, kitchen amenities, HVAC, and water heater, providing a unique opportunity for customization. The cabin offers an extraordinary outdoor experience with a beautiful oversized back deck equipped with a 6-person hot tub. Additionally, a covered half deck includes a ceiling fan, and there is side staircase access. Historically, when renovated, this cabin generated over $70,000 in gross rental income, demonstrating its lucrative potential. Prospective buyers will be pleased to know that a fully refurbished property could be valued at approximately $700,000. This cabin is versatile, suitable for an investment opportunity, a primary residence, a second home, or a vacation rental property. Its prime location enhances its appeal, situated just 5 miles from downtown Gatlinburg, 3.3 miles from the Great Smoky Mountains National Park, and 2.5 miles from Ober Gatlinburg Ski slopes, with Dollywood also nearby. This is an opportunity not to be missed for those looking to realize their Smoky Mountain dreams.

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Property Details of 1108 Circle Point

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 "Based on information submitted to Great Smoky Mountains MLS as of April 20, 2025 8:51 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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