4314 Carolina Cove Way, Pigeon Forge, TN 37863

$3,250,000
Property Type: Multi-Family Square Footage: 3,051 Lot Size (sq. ft.): 97,574 Status: Active
Current Price: $3,250,000 List Date: 8/12/2025 Last Modified: 11/03/2025

Description

$373,000+ combined gross income from Sept. 2024 to Aug. 2025 in this short term rental package comprising two cream of the crop cabins. Seller offering $25,000 buydown credit! Medium STR cabin located in the coveted Chalet Village where bookings continue through winter months. One-of-a-kind large STR cabin in Pigeon Forge with its own extremely rare outdoor swimming pool and real Canadian logs. Larger parties book these cabins months in advance. Turnkey for investors as the best Smokies property manager, in Seller's opinion, is willing to continue managing these top producing STR cabins for new owners though buyers are free to choose their own PM or self-manage. Close the deal in 2025 to capture bonus depreciation for self-managing buyers. Seller will help buyers with seamless transition including referrals for property manager and cost segregation analyst to capture bonus depreciation, transfer of VRBO reviews and ratings to buyer: 9.6 on large cabin (https://www.vrbo.com/3973745), and 10.0 on medium cabin (https://www.vrbo.com/4005922) .

More Information MLS# 1311792

Location, Tax & Legal Info

Area: Sevier County - 27 City/County Code: County Total Tax: 4405.66

Contract Info

Auction Y/N: No Listing Price: 3250000 Current Price: $3,250,000 Status: Active Listing Date: 2025-08-12

General Property Description

Lot Dimensions: 2.24 acres Lot Size SqFt: 97574 Utilities/Mo Avg: 0 Property Status: N/A Driveway: Yes SqFt - Total (Aprox): 3051 Number of Units: 3 Year Built: 2008

Remarks & Misc

Directions: Turn right at Light 10 on Parkway, Conner Heights Rd becomes Mill Creek Rd. Left at horse ranch to stay on Mill Creek Rd. Left on Carolina Cove Way. 2nd driveway on Right. Public Remarks: $373,000+ combined gross income from Sept. 2024 to Aug. 2025 in this short term rental package comprising two cream of the crop cabins. Seller offering $25,000 buydown credit! Medium STR cabin located in the coveted Chalet Village where bookings continue through winter months. One-of-a-kind large STR cabin in Pigeon Forge with its own extremely rare outdoor swimming pool and real Canadian logs. Larger parties book these cabins months in advance. Turnkey for investors as the best Smokies property manager, in Seller's opinion, is willing to continue managing these top producing STR cabins for new owners though buyers are free to choose their own PM or self-manage. Close the deal in 2025 to capture bonus depreciation for self-managing buyers. Seller will help buyers with seamless transition including referrals for property manager and cost segregation analyst to capture bonus depreciation, transfer of VRBO reviews and ratings to buyer: 9.6 on large cabin (https://www.vrbo.com/3973745), and 10.0 on medium cabin (https://www.vrbo.com/4005922) .

Property Sub-Type

Other: 1

Construction

Block: 1 Frame: 1 Log: 1

Type of Units

3 or more Bdrm Units: 1 Furnished: 1 Other: 1

Siding

Log: 1 Other: 1

Sale Includes

All Furnishings: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Carpet: 1 Hardwood: 1 Laminate: 1 Tile: 1 Vinyl: 1

Garage/Parking

Off-Street Parking: 1 On Premise Parking: 1

Fuel

Gas (Natural): 1

Heat

Central: 1 Heat Pump: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Self Cleaning Oven: 1 Washer: 1 Other: 1

Other Rooms

2nd Rec Room: 1

Roof

Metal: 1 Shingle: 1

Exterior Features

Balcony: 1 Deck: 1 Patio: 1 Pool - Swim (Ingrnd): 1 Porch - Covered: 1 Windows - Insulated: 1 Windows - Storm: 1

Misc Features

Cathedral Ceiling(s): 1 Hot Tub: 1 Indoor Pool: 1 Walk-in Shower: 1 Washer/Dryer Connect: 1 Wired for Internet: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1 Other: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 4314 Street Name: Carolina Cove St Suffix: Way State/Province: TN Zip Code: 37863 PIN #: 115F A 002.00 Subdivision: Serenity Cove Unit 2 Geo Lat: 35.74171 Geo Lon: -83.563446

Status Change Info

Status Change Date: 2025-08-12

Property Features

Property Sub-Type: Other Type of Units: 3 or more Bdrm Units; Furnished; Other Sale Includes: All Furnishings Floors: Carpet; Hardwood; Laminate; Tile; Vinyl Fuel: Gas (Natural) Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Washer; Other Construction: Block; Frame; Log Roof: Metal; Shingle Siding: Log; Other Exterior Features: Balcony; Deck; Patio; Pool - Swim (Ingrnd); Porch - Covered; Windows - Insulated; Windows - Storm Misc Features: Cathedral Ceiling(s); Hot Tub; Indoor Pool; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Other Rooms: 2nd Rec Room New Financing: Cash; Conventional; New Loan; Other Showing: See Agent Instructns
Listing Office: Epique Realty
IDX
Office Phone: 888-893-3537
Last Updated: November - 03 - 2025
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.