GALLERY

2 Beds
2 Baths
Full Baths: 1 Half Baths: 1
864 SqFt
1986 Year Built

BRAND-NEW METAL ROOF • NEW EXTERIOR PAINT • REDUCED PRICE • POSITIVE CASH FLOW

Proven Gatlinburg STR just 3 miles from downtown with an established rental history and room to take it to the next level. This 2BR/1.5BA cabin generated $49,500 in gross rental revenue in 2025 and ranks in the Top 1% on Airbnb for guest ratings, reviews and reliability.

Offered at $389,900, the property shows an estimated $1,145/month positive cash flow based on 2025 gross rental revenue and current estimated monthly expenses.* With a few strategic interior and outdoor updates, imagine the potential to elevate the guest experience, strengthen the property's marketability and build on an already successful rental history.

The seller has already handled two major improvements with a brand-new metal roof and newly painted exterior--and is now offering $5,000 toward buyer closing costs upon an acceptable contract that closes.

Proven income. Positive cash flow. Big-ticket improvements completed. Opportunity for additional upside.

Minutes from downtown Gatlinburg, Great Smoky Mountains National Park, Anakeesta, Dollywood and area attractions.

*Cash-flow projection is an estimate based on $49,500 in 2025 gross rental revenue and provided expenses. Actual expenses, financing terms, management costs and rental performance may vary.

Listed by Jodi Spangler of Wallace Real Estate

PROPERTY DETAIL

Key Details

Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 864 sqft
Price per Sqft $451
Subdivision Condo Villas
MLS Listing ID 310296
Style Cottage
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Fees $235/mo
HOA Y/N Yes
Abv Grd Liv Area 864
Year Built 1986
Annual Tax Amount $1,007
Tax Year 2025
Property Sub-Type Single Family Residence
Source Great Smoky Mountains Association of REALTORS®
Land Area 864
Location

State TN
County Sevier
Zoning R1
Direction From the Spur coming into Gatlingburg take Dudley Creek Rd to a Left onto Cartertown Rd, Left onto E Foothills Dr, Left onto Villa Drive. Follow up and Rd will curve to the right onto Villa Ln. Follow to the house all the way at the end.
Rooms

Basement Crawl Space
Building

Lot Description Level, Sloped, Wooded
Story 1
Sewer Septic Tank
Water See Remarks
Architectural Style Cottage
Structure Type Frame,Wood Siding
New Construction No

Interior

Interior Features Ceiling Fan(s), Granite Counters, Kitchen/Dining Combo, Living/Dining Combo
Heating Electric, Heat Pump
Cooling Central Air, Electric, Heat Pump
Flooring Laminate, Luxury Vinyl
Fireplaces Number 1
Fireplaces Type Gas Log
Furnishings Furnished
Fireplace Yes
Appliance Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
Laundry Electric Dryer Hookup, Main Level, Washer Hookup
Exterior

Exterior Feature Rain Gutters
Parking Features Asphalt, Driveway, Off Street
Community Features Pool
Utilities Available Cable Available, Electricity Connected, Internet Connected, Phone Connected, Water Connected
Amenities Available Pool
View Y/N Yes
View Seasonal, Trees/Woods
Roof Type Composition
Street Surface Paved
Porch Covered, Deck
Road Frontage County Road
Garage No
Others

Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional