1196 Iris Way, Cosby, TN 37722

$506,900
Property Type: Single Family Bedrooms: 4 Square Footage: 2,688 Lot Size (sq. ft.): 130,680 Status: Active
Current Price: $506,900 List Date: 9/30/2025 Last Modified: 3/19/2026

Overview

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.

Listing Details MLS# 1317058

Location Tax Legal Info

House #
1196
Street Name
Iris
St Suffix
Way
State/Province
TN
Zip Code
37722
PIN #
055 034.01

Contract Info

Auction Y/N
No
Listing Price
506900
Service Level Provided
MLS Entry Only

General Property Description

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

Status Change Info

Status Change Date
2025-09-30

Location, Tax & Legal Info

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

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.

More Information

Atchd/Dtchd Type

Detached
Yes

Style

Cabin
Yes
Traditional
Yes

Construction

Block
Yes
Frame
Yes

Siding

Wood
Yes

Fireplace

None
Yes

Cooling

Central Cooling
Yes

Floors

Hardwood
Yes
Luxury Vinyl Plank
Yes
Tile
Yes

Garage/Parking

None
Yes

Basement

Finished
Yes
Walkout
Yes

Lot Description

Irregular Lot
Yes
Wooded
Yes

Fuel

Electric
Yes

View

Country Setting
Yes
Mountain View
Yes
Seasonal Mountain View
Yes
Wooded
Yes

Heat

Forced Air
Yes
Heat Pump
Yes

Dining Area

Breakfast Bar
Yes
Eat-in Kitchen
Yes
Formal Dining Area
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes

Other Rooms

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

Exterior Features

Deck
Yes
Porch - Covered
Yes
Prof Landscaped
Yes
Windows - Aluminum
Yes
Windows - Insulated
Yes

Misc Features

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

Sewer

Septic Tank
Yes

Water

Well
Yes

Outbuildings

Barn
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

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: March - 19 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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