Debbie Reed

Broker | License ID: 315570

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$ 1,005,000

$ 1,399,900 28.2%

Est. payment -/mo

Sold on 04/03/2025

258 Palmer Rd Gatlinburg, TN 37738

3 Beds

5 Baths

4,696 SqFt

UPDATED:

Key Details

Sold Price $1,005,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,696 sqft

Price per Sqft $214

Subdivision Ely Acres

MLS Listing ID 1289103

Sold Date 04/03/25

Style Cabin,Log

Bedrooms 3

Full Baths 4

Half Baths 1

Originating Board East Tennessee REALTORS® MLS

Year Built 1997

Lot Size 0.930 Acres

Acres 0.93

Lot Dimensions 70x226x138x129x269

Property Sub-Type Single Family Residence

Property Description

Established and income-producing vacation rental just minutes from Downtown Gatlinburg and the Great Smoky Mountains National Park. This premium cabin sleeps up to 20 people and features an impressive theater room with stadium seating and 85-inch flatscreen TV, plus a massive game room equipped with a Pool Table, Air Hockey, Shuffle Board, Foosball Dual Shot Basketball, Ping Pong, Legends Ultimate Arcade Game, Pac Man and more. The entertainment level includes a granite-topped wet bar with refrigerator and dishwasher, making it perfect for group gatherings. The property offers both indoor and outdoor entertainment, including a sport court with basketball goal and firepit area. The gourmet kitchen comes fully equipped with double oven and gas stove, while outdoor cooking enthusiasts will appreciate the dual propane grills and pellet smoker. Seasonal Mt. LeConte views complete the mountain getaway experience. Currently operating with established booking history and proven income stream, this fully furnished property is ready to continue as a successful vacation rental.

Location

State TN

County Sevier County - 27

Area 0.93

Rooms

Family Room Yes

Other Rooms Basement Rec Room, LaundryUtility, 2nd Rec Room, Bedroom Main Level, Great Room, Family Room, Mstr Bedroom Main Level

Basement Walkout, Finished

Interior

Interior Features Walk-In Closet(s), Wet Bar

Heating Central, Natural Gas, Electric

Cooling Wall Cooling, Central Cooling, Ceiling Fan(s)

Flooring Vinyl, Tile

Fireplaces Number 3

Fireplaces Type Gas Log

Fireplace Yes

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Heat Source Central, Natural Gas, Electric

Laundry true

Exterior

Exterior Feature Gas Grill, Balcony

Parking Features Off-Street Parking

Garage Description Off-Street Parking

View Seasonal Lake View, Wooded

Garage No

Building

Lot Description Wooded, Irregular Lot, Rolling Slope

Faces From exit 407: Go 9.3 miles on 441 towards Gatlinburg then turn right onto Parkway, then go 12 miles and turn left onto Dudley Creek Rd, go 1 mile and turn right onto Ridge Rd at the 4 Way, then go .5 miles and turn left onto 321, go 1.3 miles then turn left onto Glades Rd, go .4 miles and turn right onto Shields View Dr, go 250ft and turn left onto Palmer Rd after about .3 miles, the cabin is on your left.

Sewer Septic Tank

Water Public

Architectural Style Cabin, Log

Structure Type Wood Siding,Frame

Others

Restrictions Yes

Tax ID 117N F 009.00

Security Features Smoke Detector

Energy Description Electric, Gas(Natural)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by The Ferguson Company

Debbie Reed

Broker | License ID: 315570

+1(865) 300-2313