281 Loop Rd Road Gatlinburg, TN $ 7,300,000
281 Loop Rd Road
$ 7,300,000
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281 Loop Rd Road

Gatlinburg, TN, 37738
$ 7,300,000
Baths0.0 Sq 16,513

Monthly Estimate*

$ 43,720

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Studio

Commercial Property for sale in Gatlinburg, TN

for $7,300,000. This 16,513 square foot building was built in 2024 on a lot size of 1.5.

This stunning 21-bedroom lodge is designed and crafted by a Master Craftsman offers an unparalleled combination of luxury and comfort. Every detail has been meticulously crafted with high-end finishes to provide an exceptional experience for guests. Each bedroom has its own full bathroom, ensuring privacy and convenience. Additionally, every bedroom is equipped with its own coffee station and mini fridge, allowing guests to enjoy refreshments and a morning brew without leaving their room. Eighteen of the bedrooms are equipped with king-sized beds and futons, ideal for families. Two bedrooms are designed with wheelchair roll-in showers and sinks for accessibility. The bunk room is designed for larger groups, featuring three sets of custom-made king-sized bunks that can comfortably sleep up to 12 adults, and it includes two full baths. There are 22 full bathrooms and 4 half baths throughout the lodge, ensuring ample facilities for all guests. A 57-seat movie theater room with a 9-foot projection screen provides a true cinema-style experience, perfect for movie nights. The lodge features a video arcade with a selection of both classic and modern games, offering endless entertainment for guests of all ages. Enjoy a full-size heated indoor pool and a kiddie pool, providing a perfect spot for relaxation and fun, regardless of the weather. A commercial elevator ensures easy access to all floors, making the lodge convenient for guests of all mobility levels. The property also features two electric car chargers, adding modern convenience for eco-conscious travelers. An outdoor pavilion provides the perfect location for picnics, cookouts, or gatherings, offering a wonderful space to enjoy the natural surroundings. The pavilion is fully equipped with an outdoor kitchen, making it easy to prepare and enjoy meals al fresco. The lodge is equipped with a state-of-the-art fire suppression and monitoring system, ensuring the safety and security of all guests. The lodge can sleep up to 92 guests, making it perfect for large family gatherings, corporate retreats, or any group seeking a luxurious getaway. Based on actual numbers from a sister cabin in Pigeon Forge, the rental projections are impressive: first year: $500,000; second year: $750,000; third year: $1,000,000+. Located just minutes from downtown Gatlinburg and the Great Smoky Mountains National Park, this lodge is the epitome of luxury, offering an extraordinary experience with its high-end amenities and spacious accommodations.

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Commercial Active

Price

$ 7,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 602

Style

Hotel/Motel

Lot Size

1.5

Year Built

2024

Town/City

Gatlinburg

County/Region

Sevier

MLS | Web ID

301695

Features
General
Sewer Public Sewer
Heating Central Ductless
Cooling Central Air Ductless Humidity Control Ceiling Fan(s)
Utilities Electricity Connected High Speed Internet Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Exterior Features Gas Grill Lighting Rain Gutters
Zoning R1
Security Features Fire Sprinkler System Security System Smoke Detector(s)
Construction Materials Fiber Cement Frame Masonry
Year Built 2024
Electric 440 Volts Circuit Breakers Underground
Levels Three Or More
Property SubType Hotel/Motel
Tax Year 2023
Business Type Hotel/Motel Other
Accessibility Accessible Bedroom Accessible Central Living Area Accessible Common Area Accessible Doors Accessible Elevator Installed Accessible Entrance Accessible Full Bath Accessible Hallway(s) Accessible Kitch
Business Name Great Elkmont Lodge
County Sevier
Property Type Commercial Sale
Home Owner Assoc N
Subdivision Name None
Possible Use Investment
Building Features Accessible Restroom(s) Elevator(s) Fixtures Furniture High Speed Internet Living Space Recreation Facilities Restrooms
Other Structures Gazebo Outdoor Kitchen
Status Active
Directions From the Parkway in downtown. Gatlinburg (U.S. 441) turn onto U.S. Hwy. 321 North at traffic light #3 and head approx. 1/2 mi. to Roaring Fork Road. At traffic light #1A take a slight right onto Roa
City Gatlinburg
MLS Area Gatlinburg
Lot Size Units Acres
Lot Size Square Feet 65340.0
Waterfront Y/N N
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 602.14
Current Financing Conventional
MLS Area Minor Gatlinburg
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 2
Senior Community None
New Construction None
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Interior
Flooring Concrete Luxury Vinyl
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Aluminum Frames Blinds Display Window(s) Double Pane Windows ENERGY STAR Qualified Windows Insulated Windows Screens Tinted Windows Window Treatments
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Main Level Garage Paved
Lot Features City Lot Corners Marked Gentle Sloping Level
Water Source Public
Total Parking 25.0
Lot Size Area 1.5
Foundation Details Slab
Spa N
Building Area Total 16513.0
Lot Size Acres 1.5
Road Surface Type Paved
Road Frontage Type City Street
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Internal Only
Street Number 1 281
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* Excluded Features
List By
The Real Estate Firm Inc. Sevier

Broker

buywithkelly@gmail.com

Email

Affordability Calculator

$43,770
Per Month
100%
0%
0%
Monthly Principal & Interest
$43,720
Monthly Property Taxes
$50
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2009826 Elementary School
2009827 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/22/2024$7,300,000 Listed Price

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281 Loop Rd Road, Gatlinburg, TN, 37738 is a Commercial Property for sale at $7,300,000 with 16,513 sqft and a lot size of 1.5. 281 Loop Rd Road is a studio with 0.0 baths and was built in 2024. The property's zip code is 37738 which is in Gatlinburg, TN