Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Pat McCollum is here to help!
Public Remarks: Check out this investment property in a fantastic location—less that 5 minutes to the main parkway in downtown Gatlinburg and traveling the opposite direction, it is less than five minutes to the Rocky Top Sports Center. This property has so much to offer—three income producing, completely renovated properties all in one, plus an additional vacant parcel!! First is the majestic custom home with over 5,700 square feet featuring five spacious bedrooms and 4.5 baths, impressive game room, hot tub and a private outdoor in-ground heated pool. The main floor has an open concept living room, family room, dining room and a super large 'chef's dream kitchen' which is fully equipped with stainless steel appliances (including a 6 burner, double oven gas range), granite countertops, and beautiful cabinetry. Ensuite king bedroom on main floor includes fireplace, sitting area, wonderful bathroom with whirlpool tub. The game room and other bedrooms are upstairs. Spacious porch areas with dining and relaxing furnishings, hot tub and heated pool. Just across from this home, is a completely renovated duplex featuring one 2BD/1BA unit and a 1BD/1BA unit each with private hot tub. All furniture, furnishings, hot tubs, H&A units, some appliances, security system and more throughout all properties are just a couple of years old. There are so many features inside and out that make this property an excellent vacation destination for large groups, reunions or just a family getaway. The location is wonderful. Very easy access and plenty of level parking spaces. (The total number of BD's & BA's shown are for all three units as well as the total sq. ft. The main house has 5BD/4.5BA, 5,742 sq. ft. The duplex has a 1BD/1BA, 672 sq. ft. and a 2BD/1BA, 840 sq. ft. Total Property Tax is $2,514.93. The House & Apts. $2,424.61 and Vacant Lot $90.32) 2024 Gross Rent Income was over $206K!!
From downtown Gatlinburg at traffic light #3, turn onto E Parkway, go 1.5m, turn left onto Dudley Creek Rd/Ridge Rd. Turn right just before Oak Ridge Rd., stay right past the first apartments to brick columns with ''Bear Ridge'' sign--this is driveway for the property.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
Buying or Selling real estate should be fun and simple. With Pat McCollum, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!
