7121 Flats, Tallassee, TN


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About 7121 Flats

see a play or hear musical concerts by famous entertainers), health care facilities, and the Knoxville McGhee Tyson Airport providing major airline service to wherever your business or vacation plans require Less than half a mile away is Look Rock and the Foothills Parkway which is a 33 mile stretch of commercial free scenic roadway from Chilhowee Lake to Wears Valley with many scenic pull-offs. Look Rock is a natural observation ledge overlooking the park. An easy 1/2 mile hike leads to the observation tower which sits at 2,652 feet and provides a spectacular 360-degree panoramic view of the mountains. The Foothills Parkway is not as busy as other roads in the park, so this is a great place to get away from the crowds and traffic, especially during the peak fall leaf color viewing times in October. The quaint village of Townsend on the"Peaceful Side of the Smokies" is nearby, Gatlinburg, Pigeon Forge and Knoxville are less-than-an-hour drive away. Bicyclists are delighted by the Foothills Parkway plus the paved and dirt riding trails nearby in Townsend and Cades Cove. Motorcyclists may never leave as there are rides in every direction including the Parkway, the world famous Tail of the Dragon or Cherohala Skyway. Hikers can take full advantage of being next door to one of the top hiking destinations in the east; the Smoky Mountains National Park with more than 800 miles of hiking trails. Residents from around the globe have chosen this area as a bit of Heaven on earth to live. This property can be an excellent investment property, a great mountain getaway, or a special permanent residence. The current owner offers the main level to short term renters while maintaining a permanent residence on the lower level. The owner blocks 4 days after each rental to allow time for taking care of cleaning and prep for the next guests. There has been minimal marketing and yet this property was rented 33% of the time (119 nights) in 2020 and netted more than $45,000. Imagine what could be accomplished with a robust marketing plan and making the entire house available for your guests. It is projected this property could rent year-round and produce over $140,000! This mountain home offers 2,800 square feet of heated living space plus more than 750 square feet of outside entertainment area on the huge main level deck, covered lower patio, and front covered porch. 3 bedrooms and 2 bathrooms are on the main level with a 4th bedroom and 3rd full bath on the lower level. The main level also features an open floor plan with Living Room and fireplace, Kitchen with KitchenAid stainless steel appliances (ceramic cooktop, convection oven, full size refrigerator, dishwasher, microwave) and plenty of cabinet space. The dining area offers a bay window that combines with the living room windows providing spectacular mountain views while relaxing inside. The Master Bedroom Suite and two additional bedrooms plus a full bathroom, laundry room and two-car garage round out the main level interior. Luxury vinyl tile flooring has been installed throughout. Perhaps the most popular area on the main level is the 1,500 square feet of exterior outdoor deck entertainment area. There is more than enough space for dining, relaxing in a lounge chair, or enjoying the hot tub spa while taking in the 100 mile wide view of the mountains of the Southern Highlands! The lower level features a second living area with fireplace which is perfect as a game room, theater, or living room. The large patio offers additional outdoor entertainment area with unsurpassed mountain views. There is also a bedroom suite on the lower level and an additional reading room, craft room, or even make it into another bedroom with windows on the back of the house with more spectacular views. There has been a strict no smoking policy for the interior of this home. This property is serviced by a well and a whole house water filtration system plus water softener. This property is currently listed as a short term rental with a 4.9 star rating on both Airbnb and VRBO. There's plenty of activity to do here or just sit on the deck and relax!

Features of 7121 Flats

MLS® # 1179165
Price $1,295,500
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 2,800
Acres 0.61
Year Built 2001
Type Residential
Sub-Type Residential
Style Traditional
Status Active

Community Information

Address 7121 Flats
Area Blount County
Subdivision H & P Development Corp
City Tallassee
State TN
Zip Code 37878


Features Walk-in Closets, Hot Tub, Walk-in Shower, Cathedral Ceiling, Internet Available
Parking Attached, Off-Street Parking
Garages Attached
View Lake View, Mountain View, Country Setting
Has Pool No


Appliances Dishwasher, Microwave, Range/Oven, Smoke Detector, Self Cleaning Oven
Heating Central
Cooling Ceiling Fan, Central Cooling
Fireplace Yes
Fireplaces Wood Burning, Stone
Has Basement Yes
Basement Finished, Walkout


Exterior Features Porch - Covered, Windows - Vinyl, Balcony
Lot Description Wooded, Private
Construction Concrete Block, Frame

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeBlevins Group, Realty Executives

Listing Map

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