$2,699,900
MOTIVATED SELLER! UNMATCHED OPPORTUNITY TO OWN THIS 5BR INDOOR POOL INCOME-GENERATING LUXURY SHORT-TERM RENTAL OVERLOOKING DOWNTOWN GATLINBURG WITH INCREDIBLE AMENITIES, MOUNTAIN VIEWS FOR MILES, APPROVED OCCUPANCY FOR 22 GUESTS, AND POTENTIAL BONUS DEPRECIATION BENEFITS FOR QUALIFYING INVESTORS! PROJECTED GROSS INCOME OF $400K+ ANNUALLY FROM REPUTABLE MANAGEMENT COMPANIES! Welcome to Builtmore 2, a completely unique 4-story modern mountain retreat strategically positioned just minutes from shopping, dining, attractions, and entertainment in Gatlinburg, while also being only a short drive to Pigeon Forge, Dollywood, and the Great Smoky Mountains National Park. Located in a prime short-term rental corridor near Ober Mountain, this architecturally striking luxury lodge was designed specifically to maximize guest experience, occupancy, and rental income while delivering an unforgettable Smoky Mountain vacation experience. This one-of-a-kind 5-bedroom lodge offers incredible mountain and ski slope views from multiple levels of outdoor living space, including two spectacular rooftop turf decks that create a true ''sky lounge'' experience unlike anything else in the area. The thoughtfully designed vertical layout provides exceptional separation of living, entertainment, and sleeping spaces while creating a resort-style atmosphere throughout the home. Multiple levels of covered decking, expansive outdoor gathering areas, rooftop putt-putt, outdoor dining spaces, abundant seating, and a firepit provide guests with countless opportunities to enjoy the mountain setting. Inside, soaring ceilings and walls of glass flood the home with natural light while bringing the beauty of the outdoors inside. The open-concept great room features a modern electric fireplace and flows seamlessly into the oversized chef's kitchen, complete with granite countertops, stainless steel appliances, extensive cabinetry, and a massive center island designed to comfortably accommodate large groups. The spacious dining and gathering areas allow guests to connect without feeling crowded, making the property ideal for family vacations, retreats, and group travel. Builtmore 1 is loaded with premium amenities designed to command top-tier nightly rental rates and maximize ROI. The dedicated climate-controlled indoor pool room features an inground swimming pool and indoor hot tub for year-round enjoyment regardless of weather. A state-of-the-art game room, private theater room, secondary lounge areas, and multiple entertainment spaces create an experience guests actively seek when choosing a luxury Smoky Mountain rental. The property's unique design photographs exceptionally well, helping it stand out in a competitive rental marketplace. The bedroom layout was intentionally designed to maximize occupancy while maintaining a luxury feel. Oversized bedroom suites feature private en-suite bathrooms with double vanities, soaking tubs, and walk-in tiled showers. Custom built-in bunk areas throughout increase sleeping capacity while maintaining comfort and style. Multiple walk-in closets, owner's storage areas, linen closets, and thoughtfully designed housekeeping spaces provide functionality and efficiency for owners and management companies. A full sprinkler system is already installed, and the property has approved occupancy for 22 guests, providing significant income-producing potential. Combining a premier location, distinctive architecture, luxury finishes, extensive entertainment options, and a highly desirable amenity package, Builtmore 2 offers investors a rare opportunity to acquire a truly brandable, high-performing Smoky Mountain asset positioned for strong cash flow, premium nightly rates, and long-term appreciation. Buyers should consult their tax professional regarding potential bonus depreciation and cost segregation opportunities. Access to three community pools, pickleball, & tennis courts! Check out the floorplans, 3D tour, and video!!
5
Beds
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6
Baths
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1347015
MLS
1257 Bavarian Way, Gatlinburg