859 Great Smoky Way, Gatlinburg, TN 37738

New
$1,135,000
Property Type: Single Family Bedrooms: 5 Square Footage: 3,483 Lot Size (sq. ft.): 436 Status: Active
Current Price: $1,135,000 List Date: 5/05/2025 Last Modified: 5/05/2025

Description

Location, location, Location. Popular rental cabin right in Gatlinburg. Best buy in Gatlinburg Falls Resort. Renters like the convenient location, that you can sleep 18 (no limit due to sprinkler requirement as it is grandfathered), that all bedrooms are king with their own baths plus having all the amenities renters look for. It is well maintained and stained by the Owners so gets many repeat renters. As of March 20, 2025 has 161 days booked with $75k rent only revenue for the year and still renting well. Projected income of $110k - $140k. Gatlinburg Falls Resort is one of the nicest and most popular family resorts in the area with wide paved streets, landscaping, no narrow steep winding roads to get there. Just a few minutes to downtown and the Great Smoky National Park, Ober Gatlinburg and a pleasant 5 mile drive thru the picturesque Parkway to Pigeon Forge, plus has a community swimming pool, exercise room and conference room. The cabin is all wood inside and outside (no sheet rock) featuring a large open living/kitchen/dining area. Living area has 2 large leather sleeper sofas, large comfortable glider chair and a matching plush arm chair for maximum comfort, and a 60 in smart TV to enjoy - great for adults to hang out while kids are downstairs in the large game room or the 15 seat theater room with 85 in Sony smart TV. Game room features a pool table, air hockey, arcade game, pinball game, sitting area and a wet bar with fridge, plus the hot tub. Dining room seats 12 and adjacent kitchen has a counter with 6 bar stools, all SS appliances and granite counters. One of the 5 ensuite king bedroom is on the lower level, the master king ensuite bedroom is on the main level. The other 3 king ensuite bedrooms are on the upper level with one having a single bunk bed. There is also another single bunk bed in the open area on that floor. 4 of the 5 bedrooms open to one of the 3 full width tree shaded covered decks. Called Smoky Mountain Lodge and doing well on a great local Management program and must stay on it for 60 days. Great well maintained investment opportunity in a popular, well established resort close to everything people go to the Smokies to see and do. Nothing to do, just start making money

More Information MLS# 1299872

Location Tax Legal Info

House #: 859 Street Name: Great Smoky Way State/Province: TN Zip Code: 37738 PIN #: 001.00 Subdivision: Gatlinburg Falls Geo Lat: 35.734692 Geo Lon: -83.49322

Contract Info

Auction Y/N: No Listing Price: 1135000 Current Price: $1,135,000 Status: Active Listing Date: 2025-05-05

General Property Description

Type: 3 Story Acres: 0.01 Acre Source: Tax Records Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 3483 SqFt - Main Lvl: 1161 SqFt - Down Lvl: 1161 SqFt - 2nd Flr Lvl: 1161 # Bedrooms: 5 Baths - Full: 5 # of Rooms: 10 Fireplace: Yes # Fireplace: 2 Property Status: N/A HOA: Mandatory HOA Fee: 600 HOA Freq: Monthly HOA Contact: Gatlinburg Falls 865-643-8989 Year Built: 2006 Bonus Room: No

Status Change Info

Status Change Date: 2025-05-05

Property Features

Style: Cabin; Log Construction: Block; Frame; Log Siding: Wood Basement: Finished Lot Description: Irregular Lot View: Wooded Fireplace: Electric Floors: Carpet; Hardwood Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Washer Sewer: Public Sewer Water: Public Other Rooms: Basement Rec Room Misc Features: Cathedral Ceiling(s); Hot Tub Exterior Features: Deck Community Amenities: Swimming Pool Association Fee Incl: All Amenities; Grounds Maintenance; Sewer; Water Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: Century 21 MVP
Office Phone: 865-429-2121
Last Updated: May - 05 - 2025
859 Great Smoky Way, Gatlinburg, TN 37738- MLS# 1299872
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