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1529 Gillespie WayGatlinburg, TN 37738
$499,000  
2  Bd
2  Ba
1,196  Sq. Ft.
Like Property
Key Insights
B-
Overall Niche neighborhood grade
This neighborhood is a desirable place to live! See details
NEW
Market Data
B
Overall Niche school grade
The public schools in this area are good! See details
Awning Agent
Humberto Marquez
Humberto Marquez
#: 366884
Humberto has four years of real estate experience prior to working for Awning. He has helped hundreds of clients across multiple real estate markets with buying properties and actively invests himself. Feel free to ask him any questions you have about Awning, investing, or any listing.
Note from Humberto

Furnishing Budget

$5000

The furniture is already included. We've included a $5,000 budget to replace or add additional items


Renovation Cost Estimate

$8,500

Repaint some interior walls

Some additional repairs to improve the house's appearance and to ensure the property is rent ready



Highlights

  • The home is located minutes drive from Ober Gatlinburg, The Island in Pigeon Forge, Dollywood, Smoky Mountain Alpine Coaster, Downtown Gatlinburg, and, Great Smoky Mountains National Park
  • The home is fully furnished
  • The home is not part of an HOA (no restrictions)
  • The home is not located in a flood zone
  • Current Airbnb, check out the link here


Comps

Use our Estimator tool to find great comps: click here

Ask Humberto a question
Response time: typically within an hour
Text or call  682-730-0010
Description
Beautifully maintained and recently updated, this Chalet is overnight rental ready!! Being sold fully furnished, this property features mountain views, stainless appliances, a wrap around porch, a hot tub, and a multi game arcade game. Just minutes from downtown Gatlinburg and right near Ober Gatlinburg, this Chalet could not be more conveniently located! With 2 bed rooms and 2 bathrooms, this property currently sleeps 6 guests, and has done well as short term rental in the past.
Read more
Listed by: Mark McCormick · DRE#: 5551 · Keller Williams AlcoaSource: MLS logo gsmaor · MLS#: 256303 · Originating MLS: Great Smoky Mountains AORAwning last checked: today at 5:29 AM | Last updated last Thursday at 7:36 PMListing data provided via Home Junction MLS logo
Property Facts & Features
Facts
Units
1
$/SQFT
$451
$/Unit
$539,000
Lot size
10,890
Built in
1990
Days on Awning
77
Copyright: Listing Information © 2023 Great Smoky Mountains Association of Realtors®. All Rights Reserved.Disclaimer: All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information.MLS logo
 
Awning Analysis The following projections are computed using a proprietary formula. It is a starting point in determining the financial potential for a specific property. The analysis is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account.
Monthly Estimated Airbnb Revenue
$3,500
NeighborhoodGet to know what living in 37738 is like.
Report Card for 37738Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
B-
Public Schools
B
Commute
A
Cost of Living
B
Crime & Safety
B
Diversity
B
Good for Families
B-
Jobs
B-
Walkability
B
Data provided by Niche.
Living in 37738
Bars
B-
Coffee Shops
A+
Health & Fitness
C+
Nightlife
A-
Outdoor Activities
C+
Parks
C
Restaurants
A-
Weather
B-
Data provided by Niche.
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Schools in 37738
This is based on data from the U.S. Department of Education along reviews from students and parents.
Overall GradeThis home is in an B school district, meaning the public schools in this area are good!
B
Gatlinburg Pittman High SchoolGrades 9 to 12Serves this home • 9.4 miles away
A
Academics
A-
Teachers
A-
Student-Teacher Ratio
14:1
Total Students
603
Pittman Center Elementary SchoolGrades PK, K to 8Serves this home • 13.1 miles away
B-
Academics
B
Teachers
B+
Student-Teacher Ratio
15:1
Total Students
334
Catlettsburg Elementary SchoolGrades PK, K to 6Serves this home • 22.5 miles away
B-
Academics
B
Teachers
B+
Student-Teacher Ratio
16:1
Total Students
621
Pigeon Forge High SchoolGrades 9 to 12Serves this home • 11.3 miles away
B+
Academics
B
Teachers
A-
Student-Teacher Ratio
13:1
Total Students
707
Seymour High SchoolGrades 9 to 12Serves this home • 26.2 miles away
B
Academics
B
Teachers
B
Student-Teacher Ratio
13:1
Total Students
775
School data provided by Niche.  School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
37738 StatsSee how this home compares to the zip code medians.
37738 Median
Home Value
$207,700
Rent
$797
Rent-to-Income
22.4%
Income
$42,614
This Home
Listing Price
$499,000140% higher than zip
Rent
$1,630105% higher than zip
Rent to Income
45.9%105% higher than zip
Market statistics provided by Niche.
Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
This chart is unavailable due to screen size
in Year 2019
  • 37738
    $57k
  • County
    $61k
Population
See how the area’s total population has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 37738
    5,447
  • Average in County
    6,168
Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 3773863%
% Owner Occupied for County77%
Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 3773850%
% White Collar for County53%
Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
3773820%
County15%
Age Distribution 37738
See the distribution of people by age in 37738.
Under 2020%
20 - 4429%
45-6428%
65+24%