1196 Iris Way, Cosby, TN 37722

$510,000
Property Type: Single Family Bedrooms: 4 Square Footage: 2,688 Lot Size (sq. ft.): 130,680 Status: Active
Current Price: $510,000 List Date: 9/30/2025 Last Modified: 12/01/2025

Description

Investment Opportunity or Private Mountain Retreat - Renovated Cabin on 3 Acres Nestled in the heart of the Smoky Mountains, this beautifully renovated 4-bedroom, 3-bath cabin sits on a private 3-acre parcel, offering a rare blend of rustic charm, modern comfort, and income-generating potential. Surrounded by towering hardwoods and sweeping mountain views, this turn-key property offers the best of both worlds: a tranquil escape from city life and close proximity to top tourist destinations like Dollywood, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park. Property Features: Fully Renovated Interior blending traditional log cabin aesthetics with modern finishes Spacious living area with wood accents, cozy furnishings, and abundant natural light Chef's kitchen with butcherblock countertops, stainless steel appliances, and ample cabinetry Dining area with serene forest views - ideal for family gatherings or quiet meals 4 comfortable bedrooms and 3 full bathrooms to accommodate families or groups Expansive deck perfect for relaxing, entertaining, or stargazing Outdoor Lifestyle at Your Doorstep: Enjoy quick access to hiking, fishing, ziplining, waterfalls, and year-round attractions. Whether it's a peaceful morning coffee on the deck or an adrenaline-packed day of mountain adventures, this location offers something for everyone. Short-Term Rental Potential: With its prime location, updated amenities, and authentic mountain appeal, this property is ideal for vacation rental investors. The Smoky Mountains area consistently ranks among the top-performing short-term rental markets in the U.S., with high occupancy rates and strong seasonal demand. Whether you're looking for a profitable vacation rental or a serene mountain hideaway, this property checks all the boxes. Don't miss your chance to own a piece of Smoky Mountain paradise.

More Information MLS# 1317058

Contract Info

Auction Y/N: No Listing Price: 510000 Current Price: $510,000 Status: Active Listing Date: 2025-09-30

Location, Tax & Legal Info

Area: Cocke County - 39 Property Sub-Type: Residential City/County Code: County Total Tax: 618.27

General Property Description

Type: 2 Story # Bedrooms: 4 Acres: 3 Acre Source: Tax Records # of Rooms: 11 Restrictions: No Site Built: Yes Fireplace: No Property Status: N/A SqFt - Main Lvl: 1344 SqFt - Down Lvl: 1344 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 0 HOA: No Basement: Yes Bonus Room: Yes SqFt - Total (Aprox): 2688 Baths - Full: 3 Year Built: 1998

Remarks & Misc

Directions: From I-40 heading towards Gatlinburg take exit 435 to Newport TN-32 S for about 4 miles. Take a right onto Bogart. In about 5 miles make a right at Sunset Gap on Iris Way. Driveway os hidden. Head up the driveway and when you see a house with a red tin roof the driveway with be on the left. Heat all the way up until you get to the house. Public Remarks: Investment Opportunity or Private Mountain Retreat - Renovated Cabin on 3 Acres Nestled in the heart of the Smoky Mountains, this beautifully renovated 4-bedroom, 3-bath cabin sits on a private 3-acre parcel, offering a rare blend of rustic charm, modern comfort, and income-generating potential. Surrounded by towering hardwoods and sweeping mountain views, this turn-key property offers the best of both worlds: a tranquil escape from city life and close proximity to top tourist destinations like Dollywood, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park. Property Features: Fully Renovated Interior blending traditional log cabin aesthetics with modern finishes Spacious living area with wood accents, cozy furnishings, and abundant natural light Chef's kitchen with butcherblock countertops, stainless steel appliances, and ample cabinetry Dining area with serene forest views - ideal for family gatherings or quiet meals 4 comfortable bedrooms and 3 full bathrooms to accommodate families or groups Expansive deck perfect for relaxing, entertaining, or stargazing Outdoor Lifestyle at Your Doorstep: Enjoy quick access to hiking, fishing, ziplining, waterfalls, and year-round attractions. Whether it's a peaceful morning coffee on the deck or an adrenaline-packed day of mountain adventures, this location offers something for everyone. Short-Term Rental Potential: With its prime location, updated amenities, and authentic mountain appeal, this property is ideal for vacation rental investors. The Smoky Mountains area consistently ranks among the top-performing short-term rental markets in the U.S., with high occupancy rates and strong seasonal demand. Whether you're looking for a profitable vacation rental or a serene mountain hideaway, this property checks all the boxes. Don't miss your chance to own a piece of Smoky Mountain paradise.

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1 Traditional: 1

Construction

Block: 1 Frame: 1

Siding

Wood: 1

Fireplace

None: 1

Cooling

Central Cooling: 1

Floors

Hardwood: 1 Luxury Vinyl Plank: 1 Tile: 1

Garage/Parking

None: 1

Basement

Finished: 1 Walkout: 1

Lot Description

Irregular Lot: 1 Wooded: 1

Fuel

Electric: 1

View

Country Setting: 1 Mountain View: 1 Seasonal Mountain View: 1 Wooded: 1

Heat

Forced Air: 1 Heat Pump: 1

Dining Area

Breakfast Bar: 1 Eat-in Kitchen: 1 Formal Dining Area: 1

Appliances

Dishwasher: 1 Microwave: 1 Range: 1 Refrigerator: 1 Smoke Detector: 1

Other Rooms

Addl Living Quarter: 1 Basement Rec Room: 1 Bedroom Main Level: 1 Extra Storage: 1 Family Room: 1 Laundry/Utility: 1 Mstr Bdrm Main Level: 1

Exterior Features

Deck: 1 Porch - Covered: 1 Prof Landscaped: 1 Windows - Aluminum: 1 Windows - Insulated: 1

Misc Features

Cathedral Ceiling(s): 1 Walk-in Shower: 1 Walk-In Closet(s): 1 Washer/Dryer Connect: 1 Whirlpool Tub: 1

Sewer

Septic Tank: 1

Water

Well: 1

Outbuildings

Barn: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 1196 Street Name: Iris St Suffix: Way State/Province: TN Zip Code: 37722 PIN #: 055 034.01 Geo Lat: 35.864229 Geo Lon: -83.297207

Status Change Info

Status Change Date: 2025-09-30

Property Features

Style: Cabin; Traditional Construction: Block; Frame Siding: Wood Basement: Finished; Walkout Lot Description: Irregular Lot; Wooded View: Country Setting; Mountain View; Seasonal Mountain View; Wooded Fireplace: None Floors: Hardwood; Luxury Vinyl Plank; Tile Fuel: Electric Heat: Forced Air; Heat Pump Cooling: Central Cooling Appliances: Dishwasher; Microwave; Range; Refrigerator; Smoke Detector Sewer: Septic Tank Water: Well Other Rooms: Addl Living Quarter; Basement Rec Room; Bedroom Main Level; Extra Storage; Family Room; Laundry/Utility; Mstr Bdrm Main Level Misc Features: Cathedral Ceiling(s); Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Whirlpool Tub Exterior Features: Deck; Porch - Covered; Prof Landscaped; Windows - Aluminum; Windows - Insulated Outbuildings: Barn Dining Area: Breakfast Bar; Eat-in Kitchen; Formal Dining Area Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: The Real Estate Firm, Inc.
IDX
Office Phone: 865-770-4030
Last Updated: December - 01 - 2025
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