708 Octagon Drive Gatlinburg, TN $ 859,900
708 Octagon Drive
$ 859,900
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708 Octagon Drive

Gatlinburg, TN, 37738
$ 859,900
Bedrooms2 Baths3.0 Sq 1,561

Monthly Estimate*

$ 5,715

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Single Family Home for sale in Gatlinburg, TN

for $859,900 with 2 bedrooms and 3 full baths. This 1,561 square foot home was built in 1987 on a lot size of 0.01.

Nestled in the heart of Gatlinburg, this stunning octagon shaped cabin offers an unparalleled opportunity for both homeownership and investment. This exquisite cabin, recently fully remodeled, stands as a testament to quality craftsmanship and thoughtful design, ensuring a comfortable and luxurious living experience. Property Features Located in desired Blue Ridge Mountain Resort, this home boasts a unique architectural design that harmonizes with the natural beauty of the Smoky Mountains. The property features spacious living areas, high ceilings, and an abundance of natural light, creating an inviting and comfortable atmosphere. The interior is tastefully appointed with modern amenities and finishes, ensuring a luxurious living experience. Investment Potential Gatlinburg is renowned for its vibrant tourism industry, attracting millions of visitors annually who come to explore the Great Smoky Mountains National Park, enjoy the lively downtown area, and partake in a variety of outdoor activities. This steady influx of tourists makes this property an ideal candidate for an overnight rental income property. Sort Term Rental Income As an overnight rental, this property offers significant income potential. The home's location provides easy access to popular attractions, dining, and entertainment options, making it highly desirable for short-term renters. The picturesque views and proximity to nature trails and outdoor adventures further enhance its appeal to vacationers seeking a memorable stay. Key Highlights Prime Location: Situated in a sought-after area of Gatlinburg, close to major tourist attractions and amenities. Modern Amenities: Equipped with state-of-the-art appliances, comfortable furnishings, and high-speed internet. Scenic Views: Stunning vistas of the Smoky Mountains, providing a serene and captivating backdrop. Outdoor Spaces: Ample outdoor areas for relaxation and recreation, including a spacious deck with gas fire pit. Tourist Attraction Proximity: Minutes away from the Great Smoky Mountains National Park, Ober Gatlinburg, and the bustling downtown area. Investing in this property is not just about acquiring a beautiful home; it's about capitalizing on the robust tourism market of Gatlinburg, TN. Whether you envision it as a permanent residence or a lucrative Airbnb/VRBO rental, this property offers the best of both worlds. Seize the opportunity to own a piece of this thriving community and enjoy the financial benefits of an income-generating rental property in one of Tennessee's most popular tourist destinations. For more information on how to make this dream a reality, or to schedule a viewing, please contact us at your earliest convenience. Buyer to verify all information.

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Single Family Active

Price

$ 859,900

Bedrooms

2

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Cabin

Lot Size

0.01

Year Built

1987

Town/City

Gatlinburg

County/Region

Sevier

MLS | Web ID

1266240

Features
General
Interior Features Cathedral Ceiling(s) Eat-in Kitchen
Sewer Septic Tank
Heating Central Electric
Cooling Central Cooling Ceiling Fan(s)
Appliances Dishwasher Dryer Smoke Detector Self Cleaning Oven Refrigerator Microwave Washer
Exterior Features Porch - Covered Deck
HOA 240.0
Association Fee Includes Grounds Maintenance
Architectural Style Cabin
Construction Materials Stone Wood Siding Block Brick
Year Built 1987
View Mountain View
Property SubType Residential
Assoc Fee Paid Per Monthly
County Sevier County - 27
Property Type Single Family
Association Amenities Clubhouse Pool
HOA / Comm Assn Y
Attached Garage N
Subdivision Name Condo Villas III
Garage Y/N N
Total Rooms 8
Status Active
Directions From Gatlinburg turn onto Hwy 321N East Parkway. Turn left onto Ridge Rd. Turn right onto Cartertown Rd. Go 1.1 miles turn left onto E Foothills Dr. Follow E. Foothills Dr. and turn right on Octagon
City Gatlinburg
Buyer Agent Compensation 2.0000
View Y/N N
MLS Area Sevier County - 27
Lot Size Units Acres
Lot Size Square Feet 435.6
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Sevier County - 27
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Buyer Agent Compensation Type %
Senior Community None
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Interior
Basement Crawl Space Finished Walkout Outside Entr Only
Flooring Laminate Vinyl
Total Fireplaces 1
Fireplace Features Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 3
Half Baths 0
Total Bedrooms 2
Electric On Property Y/N N
Total Baths 3
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Exterior
Parking Features Designated Parking Off-Street Parking
Lot Features Wooded Rolling Slope
Water Source Public
Lot Size Area 0.01
Spa N
Building Area Total 1561.0
Lot Size Acres 0.01
Lot Size Source Tax Records
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 708
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* Excluded Features
List By
Olena Rurenko

Listing Agent

United Real Estate Solutions

Broker

olena@olenarurenko.com

Email

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$5,715
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Monthly Principal & Interest
$5,715
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
694100 Elementary School
694101 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/13/2024$859,900 Listed Price

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708 Octagon Drive, Gatlinburg, TN, 37738 is a Single Family Home for sale at $859,900 with 1,561 sqft and a lot size of 0.01. 708 Octagon Drive has 2 bedrooms, 3.0 baths, and was built in 1987. The property's zip code is 37738 which is in Gatlinburg, TN