862 Chestnut Dr Gatlinburg, TN 37738

Listing details for 862 Chestnut Dr, Gatlinburg, TN 37738 : Fantastic opportunity to purchase this three story chalet in the heart of Chalet Village in Gatlinburg. Large open concept main level with a nice kitchen featuring stainless appliances, an eat-in dining area with views of the Smokies, a nice living room area with a large stone fireplace and access to the decks. Two bedrooms and a full bath round out the living area on this level. The upper level features a full bath, large bedroom and oversized loft area, a great place to add some bunkbeds for the kids. The lower level features another large stone fireplace in the family room area, laundry, another full bath and two additional rooms w/closets. Enjoy the views of the Smoky Mountains from the multiple deck areas. Overnight rental estimates have been between $130,000-$150,000 a year. This chalet has been a vacation home, used 2-3 times a year, since 2009 and is in excellent condition. It has not been on the rental market with current owners. No HOA fees in this section of Chalet Village unless used for overnight rentals then HOA is mandatory at $482 per year. Parking for up to five vehicles with easy access. Make your updates/changes to make this your dream home, vacation get-away or income producing investment. If home is used for overnight rental the HOA is then mandatory at $482 a year.