1505 Lake Drive, Gatlinburg, TN


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Square feet



About 1505 Lake Drive

GROSS RENTAL INCOME 116,582 IN 2022. COMPLETELY REMODELED 2 BEDROOM + 2 BONUS ROOMS + THEATER ROOM + 3 Bathroom cottage with INGROUND POOL in a PRIME LOCATION IN GATLINBURG ARTS AND CRAFTS DISTRICT. Owners prioritized luxury and modern touches when renovating this beautiful home. You will love the modern light pine walls, stained beams, and bright open floor plan when you walk into the home. There's so much to do inside and outside: private 22'x 12' swimming pool, hot tub, Arcade Machines, foosball table, theater room, and more. First Bedroom features large king bed with an adjoining en suite with a walk in shower and stunning floor to ceiling designer tiling. The second bedroom also features a large king bed with views out to the woods and a second ensuite bath that is just as lavish as the last with its own modern style. First BONUS room has a twin over queen bunk bed while the second BONUS room is filled with a custom 3 bed bunk room. Make your way down to the basement level which is the fun entertainment hub with a huge 70'' TV equipped with a Nintendo Classic game console, an arcade machine with 1300 games and plenty of seating for a movie night in on the big screen. This room also has a comfortable pull out sofa for another two guests. Make your way outside onto the gorgeous wrap around balcony which offers elevated views out into the forest where you can, go for a swim in the seasonal pool or just enjoy sitting out in nature while you keep your eye out for bears and other free roaming animals that might pass by. Fire up the BBQ on a warm afternoon for a delicious dinner out among the trees, then when the sun starts to set, lay back and relax in the hot tub. Owner did a great job remodeling: INTERIOR FULLY REMODELED INCLUDING TILE BATHROOMS, WOOD WALLS, NEW LIGHT AND PLUMBING FICTURES, FIREPLACE ETC, NEW FURNITURE ETC, ADDED SWIMMING POOL AND CONCRETE PATIO WITH FENCING, NEW hybrid WATER HEATER, NEW MINI SPLIT FOR LIVING ROOM, NEW DECK AROUND THE HOUSE, NEW HOT TUB, NEW GAZEBO, NEW ASPHAL DRIVEWAY, CONCRETE PATIO, ADDED SHED FOR POOL PUMP.

Features of 1505 Lake Drive

MLS® # 1242421
Price $899,000
Bedrooms 2
Bathrooms 3.00
Full Baths 3
Square Footage 1,959
Acres 0.25
Year Built 1991
Type Single Family
Sub-Type Residential
Style Cottage, Chalet
Status Active

Community Information

Address 1505 Lake Drive
Area Sevier County - 27
Subdivision Oak Valley
City Gatlinburg
County Sevier County - 27
State TN
Zip Code 37738


Features Hot Tub,WasherDryer Connect
Parking Main Level
View Wooded
Has Pool No


Interior Features Breakfast Bar, Eat-in Kitchen
Appliances Dishwasher, Dryer, Refrigerator, Microwave, Washer
Heating Heat Pump, Electric
Cooling Central Cooling, Ceiling Fan(s)
Fireplace Yes
# of Fireplaces 1
Fireplaces Other, Electric
Has Basement Yes
Basement Partially Finished


Exterior Stucco, Wood Siding, Frame
Exterior Features Fence - Privacy, Patio, Pool - Swim (Ingrnd), Deck
Lot Description Wooded
Construction Stucco, Wood Siding, Frame

Additional Information

Date Listed October 10th, 2023
Days on Market 183
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 MVP

Listing Map

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