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 Sky Villa, an incredible investment opportunity tucked into the trees of the Smoky Mountains at 622 Coronation St in Gatlinburg, TN. This stunning newer build, completed in August 2024, was designed with short-term rental success in mind and is projected to generate over $130,000 in rental income for 2025. With 2,710 square feet of beautifully finished living space and over 1,200 square feet of fully covered Trex decking with steel railings, there's plenty of room for guests to relax, entertain, and enjoy the mountain views. Step inside to find a light and modern interior filled with natural light, vaulted ceilings, and high-end finishes throughout. The open-concept great room blends a fully stocked custom kitchen—with a large island—and spacious dining and living areas, perfect for gathering. The home features three large bedroom suites, each with its own ensuite tiled rain shower, double vanity, and walk-in closet. A built-in bunk room sleeps up to 8, and two separate living spaces give everyone room to spread out. The upstairs loft includes a retro arcade game table, slate pool table, and another TV lounge area, making this home a hit with all ages. Outdoors, guests can unwind on either of the two covered decks—one with a hot tub and both with Bluetooth speakers and mountain views. The exterior is finished with a stylish mix of concrete, hardboard, and stone, surrounded by landscape lighting. The home is located on a private dead-end street with a concrete driveway offering 4+ off-street parking spots, plus additional street parking. It's equipped with a 500-gallon underground gas tank powering the fireplace, piped grill, and full home backup generator, so comfort and convenience are always guaranteed. Sky Villa comes fully furnished with all the luxury amenities you could ask for and access to resort-style extras including three swimming pools, pickleball courts, 24-hour security, and a Gary Player-designed golf course. Whether you're looking to maximize rental income or enjoy a personal mountain retreat, this turnkey property has it all.
From light #3 in Gatlinburg take East Parkway (Hwy 321N) approximately 11 miles to left on Butler Branch Road at main entrance to Cobbly Nob, continue past guard shack and through golf course, stay straight on Butler Branch Rd to left up Picadilly Ln, then right at stop sign to continue on Picadilly Ln to 1st right on Coronation St
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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!
