Positioned in the heart of the Gatlinburg Arts & Crafts Community, this one-level, three-bedroom home is more than just a retreat, it's an investment opportunity. With projected gross rental revenue of $75,000 annually for the house only and the adjacent 0.47 acre lot included in the sale, the upside here is undeniable. Zoned C-5 (Crafts Commercial District), the additional lot is buildable for commercial purposes or an additional residential property, giving buyers the flexibility to expand income potential, create a business space, or enhance outdoor amenities. A flat driveway with generous parking, a fenced yard, and a converted garage game room enhance both guest appeal and long-term value, making this property a smart addition to any short-term rental portfolio. As you arrive, you are welcomed by a striking hand painted three wall mural showcasing Gatlinburg, Pigeon Forge, and Sevierville attractions, a unique and immersive feature that sets this property apart. Inside, enjoy a remodeled kitchen with stainless steel appliances and a spacious dining area with seating for eight. The open concept living room offers abundant natural light, and ample seating creating the perfect gathering space. The primary suite features a king bed, ensuite bath, walk in closet, and laundry area while two additional bedrooms provide plenty of sleeping space and storage.One of the most exciting features is the garage that has been converted into a full game room, making this home a true entertainer's retreat. Nicknamed ''The Hideout'', this space is the perfect place to host family tournaments, rainy-day activities, or late-night gatherings without ever leaving the property.Outdoor living includes a screened porch, stone patio with hot tub and Blackstone grill, and a lighted fire pit area with Adirondack chairs, ideal for relaxing evenings under the Smoky Mountain sky.Recent improvements add even more value, including an expansion tank on the water heater, updated garage siding and wall, added gutters, secured crawlspace insulation and vapor barrier, GFCI receptacles, and a preventative termite baiting system.With its prime location, unique features, and commercial zoned buildable lot, this home is a standout opportunity as a short term rental, vacation retreat, or primary residence.
Listed By
Agency Name: Real Broker
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,764.90 per month $1,504.26 Principal & Interest $63.50 Property Tax $197.14 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 3,200+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
510 Branson Drive | MLS# 308326
This single family home located at 510 Branson Drive, Gatlinburg, TN 37738 is currently listed for sale with an asking price of $675,900. This property was built in 1960 and has 3 bedrooms and 2 full baths with 1820 sq. ft. Branson Drive is located in the Ownby Hills subdivision. Search Ownby Hills real estate on www.clhomes.com today.