Gatlinburg has Great New Digs!

Gatlinburg was originally named White Oak Flats, and now developer Marc Postlewaite, along with local craftsmen, architects and designers from Disney and MGM, is putting the moniker on a new settlement on Glades Road, right in the heart of the Arts and Crafts Community and just 3 miles from downtown, Gatlinburg.

The $50 million 14-acre, European themed White Oak Flats Settlement and Lodges will feature a retail area, offering everything from artisans studios, a wedding chapel, 50 retail shops, a winery, fine dining establishments, and perimeter parking, as well as a residential area with 84 condos in mountain lodges, meeting facilities, a pool, spa, fitness center and club.

The mountain lodge condos are going on sale in just two days, and the turn key rental program will allow owners to receive a 60% return on the rentals of their condo, plus benefit from the natural appreciation of property in this mountain settlement.

Sales for the first 33 condos will begin October 30th and construction is scheduled to begin in April of 2007. Postlewaite expects completion of the residential construction to be completed within a year. For additional information visit www.whiteoakflatstn.com.