520 Otter Run Way, Gatlinburg, TN 37738
Overview
Description
Supplements: ... (Read more) design with materials of perennial beauty. Note how well the home is fashioned into the site, complete with a detached garage along with ample parking and a proper turn-around space. The home is perched on a shelf overlooking the sweeping watershed of Norton Creek, striking in all seasons. Built on a slab, you'll not need to worry over a moldy or settling mountain side crawl space. The great room is full of character with exposed post and beam details, an open kitchen, with one of three massive stone fireplaces (wood burning or gas), breakfast nook and deck access. The entry level also features a half bath, coat closet, laundry room and master bedroom with an awesome his and her bath. The lower level consists of three guest suites, a mechanical room, den/game room with fireplace, a second deck and a fabulous "treehouse" gazebo with a wood burning fireplace overlooking the sweeping mountain and valley views, you can also hear flowing Norton Creek below. Outdoor features abound with multiple decks, a mountain stone entry patio and of course the majestic treehouse. The detached two car garage is finished with the same quality as the home. It would make a great guest suite or could be used for additional amenities to generate maximum return for use as a short term rental, such as the addition of a swim spa with roll up glass garage doors. The ceilings of the garage are high enough and finished with windows so that a loft could also be added above the swim spa. Enhancements such as these could push the gross rental income well over $200k/year. A totally private, end of cul-de-sac location makes it even more desirable. This area offers easy access to Gatlinburg, Pigeon Forge and the Great Smoky Mountains National Park as well.
Listing Details MLS# 1166002
Location Tax Legal Info
- House #
- 520
- Street Name
- Otter Run
- St Suffix
- Way
- State/Province
- TN
- Zip Code
- 37738
- PIN #
- 125 * 011.57
- Subdivision
- Estates at Norton Creek
Contract Info
- Auction Y/N
- No
- Listing Price
- 1495000
- Occupancy
- Either
General Property Description
- Type
- 2 Story
- Lot Dimensions
- N/A
- Lot Size SqFt
- 60548
- Acres
- 1.39
- Acre Source
- Tax Records
- Site Built
- Yes
- Restrictions
- Yes
- SqFt - Total (Aprox)
- 3592
- SqFt - Main Lvl
- 1796
- SqFt - Down Lvl
- 1796
- # Bedrooms
- 3
- Baths - Full
- 4
- Baths - 1/2
- Yes
- # of Rooms
- 13
- Fireplace
- Yes
- # Fireplace
- 3
- Property Status
- N/A
- HOA
- Mandatory
- HOA Fee
- 2000
- HOA Freq
- Yearly
- HOA Contact
- Norton Creek - (865) 988-1864
- Year Built
- 2008
- Bonus Room
- No
- Extra Storage
- Yes
Status Change Info
- Status Change Date
- 2021-10-18
- Under Contract Date
- 2021-09-05
- Sold Date
- 2021-10-18
More Information
Property Features
Room Information
| Room Name |
|---|
| Master Bedroom |
| Bedroom 2 |
| Bedroom 3 |
| Bedroom 4 |
| Living Room |
| Kitchen |
| Utility Room |
| Great Room |
| Bathroom |
| Bathroom |
| Bathroom |
| Bathroom |
| Bathroom |
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