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Investment Property priced $400,000 to $500,000 in the Gatlinburg areas of East Tennessee

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Investment Property priced $400,000 to $500,000 in the Gatlinburg areas of East Tennessee

$450,000
3 Beds 2 Baths 313748 MLS ACTIVE Status
Welcome to your Smoky Mountain escape! Perched in the highly desirable Chalet Village community, this charming 3-bedroom, 2-bathroom home offers the ultimate blend of peaceful mountain living and exceptional short-term rental (STR) income potential, backed by projected gross revenues of over $60,000 and supported by high-demand neighboring properties. Offered completely turn-key and ready for guests from day one, this property comes fully furnished with furniture, appliances, bedding, decor, and complete kitchenware. This home features new HVAC, windows, flooring, hot water heater, and appliances. As you step inside, you'll find an open concept living area with exposed beam cathedral ceilings & large windows that provide views from every level. Step out onto the expansive two-level wrap-around decks-the ideal spot for your morning coffee, viewing nature and the bears that frequent the property, as well as gorgeous Smoky Mountain View's. This home is uniquely designed for comfort and privacy with every bedroom having direct deck access for enjoying the outdoors. Located in Gatlinburg's premier community, Chalet Village, offering fantastic HOA amenities including 3 pools, tennis & pickleball courts, a clubhouse, and a picnic area that's sure to appeal to guests. The HOA is optional if used as primary residence. Whether you're looking for an immediate, high-performing investment asset or your own turnkey private mountain retreat, this Gatlinburg Chalet Village home checks every box. Schedule your tour today! Disclaimer: This information is deemed reliable but not guaranteed. Buyers to verify all property details, measurements, and specifications.

1448 N Arbon Lane, Gatlinburg

$499,000
3 Beds 2 Baths 313081 MLS ACTIVE Status
Prime location STR cabin in the Smokies! 3BR/2BA log cabin in White Oak Lodge & Resort. Projected $75,000-$80,000 in annual rental income per Avada Properties, a reputable Smoky Mountains property management company. Recent updates: Brand New HVAC 2026, New water heater, new stove. Comes fully furnished & turnkey short-term rental opportunity in one of the Smokies' most accessible and in-demand resort communities. This 3-bedroom, 2-bath log cabin offers 4 beds and comfortably sleeps up to 8 guests, making it ideal for families and small groups. Located just 15 minutes from downtown Gatlinburg and minutes to all major Smoky Mountain attractions, including Great Smoky Mountains National Park, Pigeon Forge, and Dollywood, this property sits in a prime STR location with strong year-round demand. Positioned right off Highway 321, the cabin features easy access, convenient parking, and no steep or winding mountain roads, allowing for reliable year-round accessibility, even during winter weather. Outdoor living is enhanced by a screened-in porch with private hot tub, one of the most sought-after amenities for Smoky Mountain short-term rentals. The cabin community backs directly to the Great Smoky Mountains National Park, offering a peaceful natural setting while still providing full resort amenities, including a seasonal swimming pool, tennis and basketball courts, small fitness area, shared BBQ grills, fire pit, walking trails, and open green space, perfect for families and repeat guests. HOA dues include internet and gas, helping reduce operating expenses. Whether expanding a rental portfolio or securing a personal mountain retreat that generates income, this property delivers location, accessibility, resort amenities, and strong income potential in one exceptional Smoky Mountain investment.

223 Forrest Loop Way, Gatlinburg

$499,999
1 Beds 3 Baths 313000 MLS ACTIVE Status
Built in 2020, this cozy Smoky Mountain cabin offers the perfect combination of modern comfort, peaceful surroundings, and investment potential. Nestled beside a tranquil mountain creek, the cabin features a private king bedroom, 2.5 bathrooms, and an open loft currently used as an additional sleeping area in the rental program. The loft could also be transitioned into a game room or game loft, offering flexibility for future owners. The open-concept living area, rustic finishes, and fireplace create a warm and inviting atmosphere after a day in the mountains. Step outside to enjoy the soothing sounds of the creek from the back deck, unwind in the private hot tub, or gather around the fire pit on the extended outdoor patio, which provides additional space for chairs and entertaining.The property adjoins Great Smoky Mountains National Park land, offering added privacy and a beautiful natural backdrop. Buyer to verify all property boundaries, adjoining land ownership, septic permit, permitted bedroom capacity, and any restrictions or protections affecting future development. Currently operated as an overnight rental, the property is well suited as a vacation home, mountain retreat, or short-term rental investment. Guests and owners can also enjoy access to Chalet Village amenities, including seasonal swimming pools, tennis courts, and clubhouses. A charming creekside escape offering comfort, privacy, flexibility, and classic Smoky Mountain character.

349 Wiley Oakley Drive, Gatlinburg

$499,900
3 Beds 2 Baths 1343236 MLS ACTIVE Status
Experience the perfect blend of mountain charm and modern comfort in this beautifully maintained log cabin located in the highly sought-after White Oak Resort. Backing directly to the Great Smoky Mountains National Park, this turnkey property offers a peaceful and private setting with no future development behind it. Designed to comfortably accommodate up to 8 guests, with the potential to sleep 10, the cabin features spacious primary suites on the main level, each offering privacy and direct access to expansive screened-in decks. Inside, you'll find an inviting open-concept floor plan highlighted by cathedral ceilings, an all-wood interior, a stunning floor-to-ceiling stacked stone gas fireplace, custom cabinetry, granite countertops, stainless steel appliances, and a convenient washer and dryer. A spacious loft with twin beds and serves as a versatile game room or additional sleeping area and opens to a private upper deck. Outdoor living is equally impressive, with multiple porches, a covered front porch, and a relaxing hot tub where guests can unwind while enjoying the peaceful mountain surroundings. This cabin is offered fully furnished and rental-ready, including TVs in every bedroom, living room furnishings, dining set, bedroom furniture, hot tub, and more. Ideally situated just a short drive from downtown Gatlinburg, Rocky Top Sports World, and the Gatlinburg Arts & Crafts Community, this cabin also enjoys a prime location directly across from the r Bent Creek Golf Course designed by Gary Player. Whether you're seeking a profitable short-term rental investment, a vacation getaway, or a personal mountain retreat, this exceptional Smoky Mountain property offers rustic elegance, modern amenities, and an unbeatable location. White Oak Resort offers an outstanding amenity package, including a swimming pool, tennis courts, fitness center, walking trails, clubhouse, and propane grilling areas. HOA dues cover propane gas, cable, internet, phone service, lawn maintenance, common area insurance, road maintenance, and professional HOA management.

3606 Parkland Way, Gatlinburg

$499,900
3 Beds 2 Baths 312102 MLS ACTIVE Status
Experience the perfect blend of mountain charm and modern comfort in this beautifully maintained log cabin located in the highly sought-after White Oak Resort. Backing directly to the Great Smoky Mountains National Park, this turnkey property offers a peaceful and private setting with no future development behind it. Designed to comfortably accommodate up to 8 guests, with the potential to sleep 10, the cabin features spacious primary suites on the main level, each offering privacy and direct access to expansive screened-in decks. Inside, you'll find an inviting open-concept floor plan highlighted by cathedral ceilings, an all-wood interior, a stunning floor-to-ceiling stacked stone gas fireplace, custom cabinetry, granite countertops, stainless steel appliances, and a convenient washer and dryer. A spacious loft with twin beds and serves as a versatile game room or additional sleeping area and opens to a private upper deck. Outdoor living is equally impressive, with multiple porches, a covered front porch, and a relaxing hot tub where guests can unwind while enjoying the peaceful mountain surroundings. This cabin is offered fully furnished and rental-ready, including TVs in every bedroom, living room furnishings, dining set, bedroom furniture, hot tub, and more. Ideally situated just a short drive from downtown Gatlinburg, Rocky Top Sports World, and the Gatlinburg Arts & Crafts Community, this cabin also enjoys a prime location directly across from the r Bent Creek Golf Course designed by Gary Player. Whether you're seeking a profitable short-term rental investment, a vacation getaway, or a personal mountain retreat, this exceptional Smoky Mountain property offers rustic elegance, modern amenities, and an unbeatable location. White Oak Resort offers an outstanding amenity package, including a swimming pool, tennis courts, fitness center, walking trails, clubhouse, and propane grilling areas. HOA dues cover propane gas, cable, internet, phone service, lawn maintenance, common area insurance, road maintenance, and professional HOA management.

3606 Parkland Way, Gatlinburg

$494,000
2 Beds 3 Baths 312293 MLS ACTIVE Status
Modern Smoky Mountain Retreat Near Gatlinburg | Proven STR Investment Opportunity Welcome to this beautifully designed mountain retreat located in the highly sought-after Cobbly Nob community. Built in 2023, this 1,178 sq. ft. cabin offers the perfect blend of modern comfort, mountain charm, and exceptional short-term rental potential. The cabin features 1 spacious bedroom, plus a second sleeping area in the loft/TV room, and is septic permitted for 2 bedrooms. The thoughtfully designed floor plan also includes 1 full bathroom and 2 half baths, providing comfort and functionality for owners and guests alike. The main-level primary suite offers a peaceful retreat complete with private deck access, creating the perfect spot to enjoy your morning coffee while taking in the surrounding natural beauty. In addition to the primary suite, the cabin offers two versatile bonus spaces. The loft serves as an additional sleeping area or lounge space, while the mid-level bonus room is currently configured as a stylish bar area. This flexible space could easily be transformed into a game room, media room, bunk room, or additional guest retreat to further enhance rental appeal. Outdoor living is a standout feature, with three separate decks, including two front-facing decks and a private deck off the primary suite. Beneath the primary suite deck is a natural area with excellent potential for an outdoor fire pit, creating another desirable amenity for guests to enjoy. Ideally situated directly behind Bent Creek Golf Course, the property offers convenient access to golfing while still providing the privacy and serenity of the Smoky Mountains. Located just 11.3 miles from downtown Gatlinburg and only 5.3 miles from the Greenbrier entrance to Great Smoky Mountains National Park, guests have easy access to hiking, fishing, outdoor adventures, restaurants, shopping, and area attractions. As part of the Cobbly Nob community, owners and guests enjoy access to HOA amenities that add even more value to this exceptional property. For investors, this cabin is already established as a successful short-term rental and is professionally managed. Now entering its second year in the rental program, the property has achieved more than a 100% increase in revenue year-over-year as of early June, demonstrating strong performance, growing demand, and excellent income potential. Whether you're searching for a personal mountain getaway, a turnkey vacation rental investment, or the perfect combination of both, this nearly new cabin presents an outstanding opportunity in one of the Smoky Mountains' most desirable locations.

620 Deer Path Lane, Gatlinburg

$459,000
1 Beds 2 Baths 312270 MLS ACTIVE Status
Prime Location STR Cabin - Less Than 1 Mile to the Gatlinburg Parkway! The property generated $56,000 in gross rental income in 2025. As of the listing going live, approximately $30,000 in bookings are already on the books for 2026. Come fully furnished and turn key! Welcome to Lovin' It, a fun-filled 1BR/2BA + Loft cabin located in Hidden Valley Resort, just minutes from the heart of downtown Gatlinburg. Community Pool in the resort. This turn-key short-term rental investment offers an unbeatable location, easy access roads, and strong guest appeal, perfect for investors or buyers looking for a performing short term rental. The cabin comfortably sleeps up to 6 guests and features a desirable layout with a king bedroom, additional sleeping space in the loft. Guests love the private hot tub and heart-shaped jacuzzi, making it especially popular with couples while still accommodating families and small groups. The game-packed loft sets this property apart, offering arcade games, foosball, a pool table, and a driving simulator, amenities that consistently boost bookings and repeat stays. With convenient parking and no steep mountain roads, accessibility is a major advantage for both guests and owners. Located just minutes from Great Smoky Mountains, Pigeon Forge, and Dollywood, this cabin is positioned in one of the most in-demand STR markets in the Smokies. Whether you're expanding your rental portfolio or looking for a personal getaway that pays for itself, Lovin' It delivers location, amenities, and income potential, all in one exceptional Smoky Mountain investment.

644 Gatlinburg Falls Way, Gatlinburg

$500,000
3 Beds 2 Baths 312241 MLS ACTIVE Status
Tucked away in the natural beauty of the Smoky Mountains, this beautifully maintained 3-bedroom cabin offers an ideal mix of mountain charm, modern comfort, and convenient Gatlinburg living. Located in a sought-after cabin community, this property places you just a short drive from downtown Gatlinburg, Bent Creek Golf Course, the Great Smoky Mountains, and the beloved Arts & Crafts Community. Step inside to an inviting open-concept layout designed for gathering, relaxing, and enjoying time with family and friends. Rich hardwood floors flow throughout the main living areas, creating a warm and welcoming atmosphere. The kitchen is thoughtfully appointed with granite countertops and stainless-steel appliances, making it both functional and stylish for everyday meals or entertaining after a day of mountain adventures. The main-level primary bedroom offers convenience, comfort, and privacy, while two additional bedrooms provide plenty of space for guests, family, or a flexible retreat-style setup. Out back, the screened-in porch creates a peaceful year-round escape, complete with a private hot tub where you can unwind and take in the quiet mountain surroundings. The community adds even more appeal with amenities including a swimming pool, workout facility, pickleball/tennis courts, giving owners and guests multiple ways to relax, play, and enjoy the resort-style setting. Whether you are searching for a vacation home, overnight rental investment, second home, or full-time residence, this cabin delivers an excellent opportunity in one of Gatlinburg's most desirable areas. Experience the perfect blend of nature, comfort, and convenience in this charming Smoky Mountain cabin. Schedule your private showing today!

156 White Oak Resort Way, Gatlinburg

$495,000
1 Beds 2 Baths 311686 MLS ACTIVE Status
TURN-KEY INVESTMENT. 1 BEDROOM + BONUS SLEEPING AREA - SLEEPS UP TO 8. Located at 1235 Annes Rd in Gatlinburg, this 1,728 sq ft cabin offers the functionality of a 2-bedroom layout while being serviced by a 1-bedroom septic system - creating a strong opportunity for investors seeking value, flexibility, and rental appeal. With established rental history and a layout designed for guest use, this property delivers both performance potential and overall condition. The main level features an open-concept living, kitchen, and dining space centered around a dual-sided gas fireplace, along with ceramic tile flooring and solid-surface countertops. The spacious primary suite includes a full bath with a tiled walk-in rain shower. A stackable washer/dryer is also conveniently located on this level. Step outside to the screened, covered deck with a private hot tub overlooking a wooded setting. The lower level is designed to maximize occupancy and guest experience, featuring a large recreation area with a pool table, arcade machine, bunk beds, and a pull-out sofa. A bonus sleeping room with a full bath provides additional flexibility, allowing the cabin to comfortably accommodate up to 8 guests. A second deck includes a newer sauna, adding another high-demand amenity for short-term rental guests. Recent updates include larger bedroom windows to meet fire code requirements, upgraded flooring with tile replacing carpet, newer king mattresses, updated hot tub cover, hog wire deck railing improvements, refreshed exterior paint accents, and a replaced propane grill. The refrigerator and washer/dryer have also been updated within the past two years. Dual HVAC systems allow for independent temperature control on each level. One of the standout features is the easy access and usability with level parking, minimal steps to entry, and no steep or difficult roads, which is a rare advantage in the Smoky Mountains and highly desirable for guests. This property offers the combination investors are looking for: sleep capacity, amenities, accessibility, and proven rental potential - all in a Gatlinburg location. Information deemed reliable but not guaranteed. Buyer to verify all information.

1235 Annes Road, Gatlinburg

$495,000
1 Beds 2 Baths 711400 MLS ACTIVE Status
TURN-KEY INVESTMENT. 1 BEDROOM + BONUS SLEEPING AREA - SLEEPS UP TO 8. Located at 1235 Annes Rd in Gatlinburg, this 1,728 sq ft cabin offers the functionality of a 2-bedroom layout while being serviced by a 1-bedroom septic system - creating a strong opportunity for investors seeking value, flexibility, and rental appeal. With established rental history and a layout designed for guest use, this property delivers both performance potential and overall condition. The main level features an open-concept living, kitchen, and dining space centered around a dual-sided gas fireplace, along with ceramic tile flooring and solid-surface countertops. The spacious primary suite includes a full bath with a tiled walk-in rain shower. A stackable washer/dryer is also conveniently located on this level. Step outside to the screened, covered deck with a private hot tub overlooking a wooded setting. The lower level is designed to maximize occupancy and guest experience, featuring a large recreation area with a pool table, arcade machine, bunk beds, and a pull-out sofa. A bonus sleeping room with a full bath provides additional flexibility, allowing the cabin to comfortably accommodate up to 8 guests. A second deck includes a newer sauna, adding another high-demand amenity for short-term rental guests. Recent updates include larger bedroom windows to meet fire code requirements, upgraded flooring with tile replacing carpet, newer king mattresses, updated hot tub cover, hog wire deck railing improvements, refreshed exterior paint accents, and a replaced propane grill. The refrigerator and washer/dryer have also been updated within the past two years. Dual HVAC systems allow for independent temperature control on each level. One of the standout features is the easy access and usability with level parking, minimal steps to entry, and no steep or difficult roads, which is a rare advantage in the Smoky Mountains and highly desirable for guests. This property offers the combination investors are looking for: sleep capacity, amenities, accessibility, and proven rental potential - all in a Gatlinburg location. Information deemed reliable but not guaranteed. Buyer to verify all information.

1235 Annes Road, Gatlinburg

$488,000
1 Beds 2 Baths 1339480 MLS ACTIVE Status
Located just 10 minutes from downtown Gatlinburg, this one-bedroom, two-bathroom cabin in the sought-after Gatlinburg Falls resort offers a prime investment opportunity or private escape within city limits. With nearly 1,500 square feet across two full levels, the cabin is thoughtfully designed for both comfort and rental performance. The main level features an open-concept living room with soaring ceilings, a cozy stacked stone fireplace, and abundant natural light, along with a full kitchen, dining space, and the primary bedroom and bathroom. The lower level expands the living space with a generously sized recreation room outfitted with arcade consoles, a pool table, bunk beds, additional lounge seating, and a second full bathroom--perfect for entertaining guests or maximizing rental flexibility. Both levels offer deck access, with the lower level featuring a private hot tub and outdoor seating area, while the main-level deck includes additional furnishings for relaxing or dining al fresco. Notable improvements include a new water heater, new flooring on the lower level, a new shower, new blinds, and a full exterior stain completed in 2022--enhancing both aesthetics and functionality. The cabin has a proven track record as a self-managed short-term rental and benefits from its location in a high-performing community known for strong occupancy and guest satisfaction. Paved roads, city utilities, and community amenities round out the appeal, making this a turn-key option for those seeking immediate rental income or a personal mountain retreat with all the perks of Gatlinburg living.

834 Great Smoky Way, Gatlinburg

$488,000
1 Beds 2 Baths 311648 MLS ACTIVE Status
Located just 10 minutes from downtown Gatlinburg, this one-bedroom, two-bathroom cabin in the sought-after Gatlinburg Falls resort offers a prime investment opportunity or private escape within city limits. With nearly 1,500 square feet across two full levels, the cabin is thoughtfully designed for both comfort and rental performance. The main level features an open-concept living room with soaring ceilings, a cozy stacked stone fireplace, and abundant natural light, along with a full kitchen, dining space, and the primary bedroom and bathroom. The lower level expands the living space with a generously sized recreation room outfitted with arcade consoles, a pool table, bunk beds, additional lounge seating, and a second full bathroom—perfect for entertaining guests or maximizing rental flexibility. Both levels offer deck access, with the lower level featuring a private hot tub and outdoor seating area, while the main-level deck includes additional furnishings for relaxing or dining al fresco. Notable improvements include a new water heater, new flooring on the lower level, a new shower, new blinds, and a full exterior stain completed in 2022—enhancing both aesthetics and functionality. The cabin has a proven track record as a self-managed short-term rental and benefits from its location in a high-performing community known for strong occupancy and guest satisfaction. Paved roads, city utilities, and community amenities round out the appeal, making this a turn-key option for those seeking immediate rental income or a personal mountain retreat with all the perks of Gatlinburg living.

834 Great Smoky Way, Gatlinburg

$449,900
2 Beds 3 Baths 1339294 MLS ACTIVE Status
Step into a piece of Smoky Mountain character with this well-maintained 1987 chinked log cabin, ideally located in the highly sought-after Cobbly Nob community. Offering a rare blend of privacy and convenience, the property feels tucked away with no immediate neighboring cabins, yet remains just a short drive to downtown Gatlinburg's attractions. Deceptive in size, this cabin offers approximately 2,080 square feet across three levels, providing plenty of room to spread out. The layout includes a main-level bedroom with a queen bed, two queen beds in the open loft upstairs, and a lower-level bedroom with an additional queen bed and futon--comfortably sleeping 8-10 guests in its current configuration. With 3 full bathrooms, the home is well-suited for hosting family and guests. Designed for both relaxation and entertainment, the cabin features two spacious decks, a hot tub for unwinding after a day in the mountains, and a dedicated game room complete with a pool table and arcade. Recent updates enhance both function and appeal, New HVAC, including a newer roof, freshly re-stained exterior logs, retaining wall, fully renovated kitchen and bathrooms featuring two walk-in showers and a large soaking tub , new interior wood doors, new wood flooring, all while preserving the cabin's original character. Cobbly Nob HOA dues provide added value with access to three community pools, and a pickleball court. One of the standout benefits is road maintenance during winter weather, offering added peace of mind and accessibility year-round. While this property would make an excellent short-term rental, it has primarily been enjoyed by the current owners, their family, and friends, so there is no consistent rental income history to report. AirDNA report uploaded to photos. Whether you're looking for a private mountain getaway or a future investment opportunity, this property delivers space, seclusion, and location in one of Gatlinburg's most desirable communities.

519 Picadilly Lane, Gatlinburg

$415,000
2 Beds 2 Baths 1339266 MLS ACTIVE Status
Tucked away on just over an acre in the sought-after Cobbly Nob community of Gatlinburg, ''Sugar Bear's Chalet'' offers privacy, views, and true Smoky Mountain character. The home features 1 queen bedroom on the main level, with an additional queen bed upstairs and a pull-out suitable for a child, along with 1.5 baths. It has been thoughtfully improved within the past 5 years including a new HVAC, new metal roof, granite countertops, updated appliances, new flooring throughout (including LVP and carpet in bedrooms). The wraparound porch is ideal for taking in the mountain setting--morning coffee, evening sunsets, and even views of the Gatlinburg strip lights at night--and features a hot tub for relaxing under the stars. A gas fireplace adds warmth and ambiance, while abundant wildlife enhances the peaceful, secluded feel. Located within Cobbly Nob, this property benefits from 24-hour security and road maintenance during winter weather, yet is grandfathered in with no HOA fees--a rare advantage in this community. Being sold fully furnished, this property is ready for immediate use as a personal retreat or future short-term rental. While previously listed on VRBO, it has primarily been enjoyed by family and friends, so no consistent rental income history is available. A rare opportunity to own a private mountain getaway with views, acreage, and proximity to all that Gatlinburg has to offer.

3827 Getta Way, Gatlinburg

$499,500
2 Beds 2 Baths 1337145 MLS ACTIVE Status
Perched in the peaceful, tree-lined setting of Elk Cove Resort, this charming Gatlinburg log cabin offers the ideal blend of Smoky Mountain serenity, proven short-term rental performance, and unbeatable proximity to the area's most visited attractions. Just minutes from downtown Gatlinburg, the Great Smoky Mountains National Park, and a short drive to Pigeon Forge and Dollywood, this 2-bedroom plus loft, 2-bath retreat captures the essence of East Tennessee mountain living while delivering strong investment appeal. Built in 2005 and offering approximately 1,286 square feet of thoughtfully designed living space, this true log cabin features warm wood interiors, hardwood flooring, and an inviting two-story layout that maximizes both comfort and functionality. The main level includes an open living area anchored by a cozy fireplace, a well-equipped kitchen with essential appliances, and seamless flow into dining and gathering spaces - perfect for hosting guests or enjoying quiet evenings after a day in the Smokies. One of the home's standout features is the flexible loft space, adding additional sleeping capacity and versatility to comfortably accommodate up to 9 guests. This expanded layout makes the property especially attractive for vacation rentals, family getaways, and group stays, enhancing both occupancy potential and income performance. Step outside and experience one of the most desirable features of mountain living - a covered porch and private outdoor space designed for relaxation. Whether enjoying morning coffee in the cool mountain air, unwinding in the hot tub under the stars, or listening to the sounds of nature from the screened porch, the outdoor experience is every bit as inviting as the interior. Set within Elk Cove Resort, residents and guests benefit from maintained common areas, trash service, and a quiet mountain community atmosphere. The setting offers a peaceful escape while still keeping you close to everything that makes Gatlinburg one of the most visited destinations in the United States. From this location, guests and owners alike enjoy quick access to downtown Gatlinburg's restaurants, shops, and attractions, along with scenic drives, hiking trails, and year-round recreation in the Great Smoky Mountains National Park. Pigeon Forge, The Island, dinner shows, and Dollywood are all just a short drive away, making this an ideal base for vacationers seeking both adventure and convenience. This property is being offered fully furnished and turnkey, allowing for immediate continued use as a short-term rental or private mountain getaway. With established income potential, strong tourism demand, and a layout designed for guest comfort, 309 Elk Cove Way presents a compelling opportunity to own a classic Smoky Mountain cabin in one of East Tennessee's most consistently sought-after vacation markets. Whether you're looking to expand your investment portfolio or secure a personal mountain retreat that can also generate income, this Gatlinburg cabin delivers the perfect combination of location, lifestyle, and long-term value in the heart of the Smokies.

309 Elk Cove Way, Gatlinburg

$439,900
1 Beds 2 Baths 310062 MLS ACTIVE Status
CLASSIC SMOKY MOUNTAIN LOG CABIN JUST MINUTES FROM DOWNTOWN GATLINBURG AND THE ARTS & CRAFTS COMMUNITY. A PRIME SHORT-TERM RENTAL OPPORTUNITY BUILT AROUND LOCATION, AUTHENTICITY, AND THE FEATURES GUESTS BOOK FOR -- WITH CLEAR VALUE-ADD UPSIDE IN A HIGH-DEMAND AREA. Rental Projections Up to $71k!!! This true log cabin delivers the nostalgic mountain experience travelers actively search for while remaining close to Gatlinburg's dining, shopping, attractions, and the Arts & Crafts Community--an area known for strong year-round STR demand. From the moment guests step inside, soaring tongue-and-groove cathedral ceilings and a dramatic sandstone fireplace create an unforgettable first impression that drives clicks, saves, and repeat bookings. The spacious one-bedroom layout is thoughtfully designed for high-demand overnight stays, with a private primary suite featuring a spa-style bath complete with soaking tub and separate shower--ideal for couples, anniversaries, and weekend escapes. Offered fully furnished, the cabin showcases warm knotty pine interiors and classic mountain finishes, allowing for immediate rental use. The cabin already includes a pool table and a dedicated TV/game room, providing built-in entertainment that guests love. With minimal updates--such as upgraded furnishings, enhanced lighting, themed décor, or a feature accent or mural wall--this space could be elevated significantly to increase guest appeal, booking velocity, and nightly rates. This property is well-positioned to become a top-performing ''powerhouse'' rental for its size with strategic, low-cost improvements. Outdoor living further enhances guest experience with a covered deck and private hot tub, one of the most requested amenities in the Smoky Mountain STR market. Combined with in-cabin laundry for added convenience, this home offers ease of ownership and strong guest satisfaction. Properties in this location and price range are increasingly rare. Whether added to an existing portfolio or purchased as a first STR, this cabin offers location, character, existing amenities, and clear upside potential--ready for your personal touches to maximize performance.

1779 Mountain Shadows Way, Gatlinburg

$439,900
1 Beds 1 Baths 1328609 MLS ACTIVE Status
CLASSIC SMOKY MOUNTAIN LOG CABIN JUST MINUTES FROM DOWNTOWN GATLINBURG AND THE ARTS & CRAFTS COMMUNITY. A PRIME SHORT-TERM RENTAL OPPORTUNITY BUILT AROUND LOCATION, AUTHENTICITY, AND THE FEATURES GUESTS BOOK FOR — WITH CLEAR VALUE-ADD UPSIDE IN A HIGH-DEMAND AREA. This true log cabin delivers the nostalgic mountain experience travelers actively search for while remaining close to Gatlinburg's dining, shopping, attractions, and the Arts & Crafts Community—an area known for strong year-round STR demand. From the moment guests step inside, soaring tongue-and-groove cathedral ceilings and a dramatic sandstone fireplace create an unforgettable first impression that drives clicks, saves, and repeat bookings. The spacious one-bedroom layout is thoughtfully designed for high-demand overnight stays, with a private primary suite featuring a spa-style bath complete with soaking tub and separate shower—ideal for couples, anniversaries, and weekend escapes. Offered fully furnished, the cabin showcases warm knotty pine interiors and classic mountain finishes, allowing for immediate rental use. The cabin already includes a pool table and a dedicated TV/game room, providing built-in entertainment that guests love. With minimal updates—such as upgraded furnishings, enhanced lighting, themed décor, or a feature accent or mural wall—this space could be elevated significantly to increase guest appeal, booking velocity, and nightly rates. This property is well-positioned to become a top-performing ''powerhouse'' rental for its size with strategic, low-cost improvements. Outdoor living further enhances guest experience with a covered deck and private hot tub, one of the most requested amenities in the Smoky Mountain STR market. Combined with in-cabin laundry for added convenience, this home offers ease of ownership and strong guest satisfaction. Properties in this location and price range are increasingly rare. Whether added to an existing portfolio or purchased as a first STR, this cabin offers location, character, existing amenities, and clear upside potential—ready for your personal touches to maximize performance.

1779 Mountain Shadows Way, Gatlinburg

$500,000
1 Beds 1 Baths 1303049 MLS ACTIVE Status
Welcome to your newly built (under a year) cabin/retreat in the heart of the Smoky Mountains within minutes of all that Gatlinburg has to offer! Log cabin with vacation getaway opportunities in the quiet cove of Mountain Shadow Resort. Perfect for the romantic weekend retreat or huge income potential pushing six figures that comes fully furnished with its own hot tub hut building next to the cabin. The inviting resort community has plenty to offer from its two different pool/clubhouse areas which also features a large picnic and BBQ stations, restrooms, basketball and activities area to surely keep any family entertained the entire stay or for daily events. State of the art gas fireplace for those cozy evenings after retreating from dozens of nearby five-star restaurants and all attractions that Gatlinburg has to offer! Outdoor grilling on the cabin's porch has never been more inviting to light up with gas ran and ready to go! Beautifully decorated bedroom with king bed opening up to its full bath for relaxation in your new nature cabin! Fire and EMS less than five minutes away for any unforeseen medical needs. From its sectional couch to the stainless-steel appliances and abundance of nearby events, why wait to get that showing scheduled? Locations cannot be duplicated- city limits of Gatlinburg with all of its services- National Park directly across the street, small amount for property tax, all underground utilities, LOW HOA fees, stringent building codes, all which make Mountain Shadows the preferred destination to invest, stay, or both! Call today before it's just a dream as at this price, it surely will be! Please follow video link: https://picture-perfect-media.aryeo.com/sites/nxmpknn/unbranded Also can view off the rental site at mountainshadowcabins.com

1695 Misty Hollow Way, Gatlinburg

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Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .