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: Welcome to Picadilly Peak, newly constructed cabin located in the scenic Cobbly Nob resort subdivision. This 2,000-square-foot, 3 bedroom, 3.5 bathroom mountain chalet offers tremendous mountain views, luxurious living and assured rental success. Projections place anticipated rental income at approximately $140,000. Completed in fall of 2024, the cabin already has an impressive list of reservations for this year. When entering your eyes immediately go to the grand windows providing an incredible view of the mountains. The upper level has a 20 ft floor to ceiling height in the main living area, kitchen, and primary suite. Modern design features include luxury vinyl plank flooring from Cali and quartz countertops throughout. Private primary suite including ensuite bathroom with a spacious walk-in shower with custom floor to ceiling tile equipped with dual shower heads. The lower level features an additional family room, a large utility room, and 2 king bedrooms. Each bedroom has an ensuite bathroom with custom tile showers. Each level features extensive deck space perfect for entertaining or enjoying the view, and is complete with fire pit, hot tub, and multiple dining/seating options. Located only 13 miles from downtown Gatlinburg, the community offers a perfect balance of convenience and privacy. At the entrance to Bent Creek Golf Course, the community has access to community pools, tennis courts, pickle ball courts. The tranquility of The Great Smoky Mountains National Park is just a few miles away. This well positioned property combines luxury, location, and strong investment potential in one package. Numerous advanced reservations already on the books, provides an opportunity for immediate return.
From downtown Gatlinburg on the Parkway (U.S. Hwy. 441), turn at Traffic Light #3 onto East Parkway (U.S. Hwy. 321), & go for approx. 13 mi., take a left into Cobbly Nob development on Butler Branch Road. Go on Butler Branch Road for 0.9 mi., & make a left onto Picadilly Lane. Follow Picadilly Lane for approx. 1.4 mi., & then make a right on to Scenic Trail. Go on Scenic Trail for approx. 1/4 mi., & make a right onto Upper Picadilly Lane.
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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!
