$475,000

1523 Gillespie Way Gatlinburg, TN 37738

Estimated payment $2,779/month

Total Views 398
1 Bed
1.5 Baths
1,384 Sq Ft
$343 Price per Sq Ft

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Clubhouse
  • Gatlinburg Pittman High School Rated A-
  • Chalet
  • Deck

About This Home

Welcome to Mountain Bliss! This beautifully renovated chalet is located in the Chalet Village in Gatlinburg! Proven moneymaker. This amazing one-bedroom loft chalet is set up to rent as a 2-bedroom with the spacious loft set up as a game room / cozy sleeping and sitting area to relax and unwind. The loft area also has a half bath too. As you enter the front door you are met with the open living area complete with a stack stone gas fireplace and vaulted ceilings. The living room leads out onto the large open deck and cozy hot tub. The primary bedroom has a beautiful electric fireplace, and wood accent walls that add to its mountain charm. The look and feel of this chalet is everything you came to enjoy in the Smoky Mountains! Located in the Chalet Village you will have access to pools, clubhouses, tennis courts, and playgrounds. So close to the heart of downtown Gatlinburg, and everything you came to enjoy! This property is being sold turnkey and ready to continue to make money.

Listing Agent

Rick Cochran

Keller Williams License #353978 Listed on: 07/25/2025

Keller Williams

Co-Listing Agent

KAREN COCHRAN

Keller Williams License #353979

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,807

Year Built

  • Built in 1993

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 114x149
  • Cul-De-Sac
  • Wooded Lot

Parking

  • Off-Street Parking

Property Views

  • Woods
  • Mountain
  • Forest
  • Seasonal

Home Design

  • Chalet
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,384 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Stone Fireplace
  • Electric Fireplace
  • Bonus Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Property Available on 7/25/25
  • Assessor Parcel Number 136D A 034.00

Community Details

Overview

  • Tyrolea Sec 1 Subdivision
  • Property has a Home Owners Association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,807

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: From traffic light #10 in Gatlinburg turn onto Ski Mountain Rd and continue up ski Mountain Rd for approximately 2.7miles. Turn left onto South Baden Dr (Chalet Village sign). At four way intersection turn left onto Arbon Ln. Continue .1 mi. to culdesac. Straight through culdesac to to the green sign that says 1523 Gillespie Way. Go straight down the private drive to first chalet on your left with the shared driveway.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1993
  • Lot Size Acres: 0.27
  • Lot Size: 114x149
  • Co List Office Mls Id: 2365
  • Co List Office Phone: 865-977-0770
  • Subdivision Name: Tyrolea Sec 1
  • Architectural Style: Chalet
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 824.0
  • General Property Description:SqFt - 2nd Flr Lvl: 560.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • View:Seasonal Mountain: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement YN: No
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Electric, Stone, Gas Log
  • Fireplaces: 2
  • Flooring: Laminate, Carpet, Tile
  • Interior Amenities: Cathedral Ceiling(s)
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:Stone2: Yes
  • Fireplace:Electric4: Yes

Exterior Features

  • View: Wooded, Seasonal Mountain
  • Lot Features: Cul-De-Sac, Wooded
  • Construction Type: Block, Frame
  • Patio And Porch Features: Deck
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Construction:Block2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Propane, Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Swimming Pool, Tennis Courts, Club House, Playground
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Club House2: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Community Amenities:Exercise Room: Yes
  • Community Amenities:Tennis Courts: Yes
  • Community Amenities:Playground: Yes

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 136D A 034.00

Rental Info

  • Available Date: 2025-07-25

Tax Info

  • Tax Annual Amount: 1806.73

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,665 $112,520 $18,920 $93,600
2024 $1,665 $112,520 $18,920 $93,600
2023 $1,665 $112,520 $0 $0
2022 $1,129 $70,325 $11,825 $58,500
2021 $1,129 $70,325 $11,825 $58,500
2020 $845 $70,325 $11,825 $58,500
2019 $846 $41,875 $11,825 $30,050
2018 $846 $41,875 $11,825 $30,050
2017 $846 $41,875 $11,825 $30,050
2016 $846 $41,875 $11,825 $30,050
2015 -- $43,200 $0 $0
2014 $773 $43,204 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $475,000 +3.3% $343 / Sq Ft
08/31/2021 08/31/21 Sold $460,000 0.0% $332 / Sq Ft
08/31/2021 08/31/21 Sold $460,000 +2.2% $332 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $450,000 +80.0% $325 / Sq Ft
05/28/2020 05/28/20 Off Market $250,000 -- --
02/24/2020 02/24/20 Sold $250,000 0.0% $181 / Sq Ft
02/21/2020 02/21/20 Sold $250,000 +0.4% $181 / Sq Ft
01/21/2020 01/21/20 Price Changed $249,000 -7.4% $180 / Sq Ft
01/17/2020 01/17/20 For Sale $269,000 +85.5% $194 / Sq Ft
05/09/2019 05/09/19 Off Market $145,000 -- --
02/08/2018 02/08/18 Sold $145,000 -12.1% $105 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $164,900 -- $119 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $460,000 Smoky Mountain Title
Warranty Deed $250,000 First Priority Title Co Inc
Warranty Deed $145,000 Smoky Mountain Title
Deed $110,000 --
Deed $125,000 --
Warranty Deed $122,500 --
Warranty Deed $23,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $223,192 New Conventional
Previous Owner $223,560 New Conventional
Previous Owner $116,000 New Conventional
Previous Owner $80,000 Commercial
Previous Owner $81,000 No Value Available
Source: Public Records

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Source: East Tennessee REALTORS® MLS

MLS Number: 1309281

East Tennessee REALTORS® MLS

APN: 136D-A-034.00