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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

$488,900
1 Beds 2 Baths 1347230 MLS ACTIVE Status
TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF GATLINBURG! LOCATED WITHIN THE HIGHLY DESIRABLE GATLINBURG FALLS RESORT, THIS SPACIOUS CABIN OFFERS THE PERFECT COMBINATION OF STRONG RENTAL POTENTIAL, MODERN UPDATES, AND AN UNBEATABLE LOCATION JUST MINUTES FROM DOWNTOWN GATLINBURG. WHETHER YOU'RE GROWING YOUR SHORT-TERM RENTAL PORTFOLIO OR SEARCHING FOR YOUR OWN MOUNTAIN RETREAT, THIS PROPERTY CHECKS ALL THE BOXES. Situated within Gatlinburg city limits, this beautifully maintained one-bedroom, two-bath cabin offers nearly 1,500 square feet of well-designed living space across two spacious levels. The main floor welcomes guests with soaring vaulted ceilings, an open-concept living area filled with natural light, a stunning stacked stone fireplace, a fully equipped kitchen, dining area, and a comfortable primary suite with a full bath. The lower level is designed with entertainment in mind, featuring a large game room complete with arcade games, a pool table, bunk beds, additional gathering space, and a second full bathroom--creating excellent flexibility for guests and increasing rental appeal. Step outside to enjoy two separate covered decks. The lower deck offers a private hot tub and relaxing seating area, while the upper deck provides the perfect spot to enjoy the peaceful mountain setting with outdoor dining or morning coffee. Located in one of Gatlinburg's most popular resort communities. Guests will appreciate the paved roads, city utilities, and community amenities, making this an exceptional opportunity for investors seeking immediate income potential or buyers looking for a low-maintenance Smoky Mountain getaway. 🎥 Check out the property video! Simply copy and paste the link below into your web browser to enjoy the full video tour. If you receive an error message, just click 'Watch on YouTube' to view the video. https://www.youtube.com/embed/fBNiFUY_Tpk

832 Great Smoky Way, Gatlinburg

$488,900
1 Beds 2 Baths 312670 MLS ACTIVE Status
TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF GATLINBURG! LOCATED WITHIN THE HIGHLY DESIRABLE GATLINBURG FALLS RESORT, THIS SPACIOUS CABIN OFFERS THE PERFECT COMBINATION OF STRONG RENTAL POTENTIAL, MODERN UPDATES, AND AN UNBEATABLE LOCATION JUST MINUTES FROM DOWNTOWN GATLINBURG. WHETHER YOU'RE GROWING YOUR SHORT-TERM RENTAL PORTFOLIO OR SEARCHING FOR YOUR OWN MOUNTAIN RETREAT, THIS PROPERTY CHECKS ALL THE BOXES. Situated within Gatlinburg city limits, this beautifully maintained one-bedroom, two-bath cabin offers nearly 1,500 square feet of well-designed living space across two spacious levels. The main floor welcomes guests with soaring vaulted ceilings, an open-concept living area filled with natural light, a stunning stacked stone fireplace, a fully equipped kitchen, dining area, and a comfortable primary suite with a full bath. The lower level is designed with entertainment in mind, featuring a large game room complete with arcade games, a pool table, bunk beds, additional gathering space, and a second full bathroom--creating excellent flexibility for guests and increasing rental appeal. Step outside to enjoy two separate covered decks. The lower deck offers a private hot tub and relaxing seating area, while the upper deck provides the perfect spot to enjoy the peaceful mountain setting with outdoor dining or morning coffee. Located in one of Gatlinburg's most popular resort communities. Guests will appreciate the paved roads, city utilities, and community amenities, making this an exceptional opportunity for investors seeking immediate income potential or buyers looking for a low-maintenance Smoky Mountain getaway. 🎥 Check out the property video! Simply copy and paste the link below into your web browser to enjoy the full video tour. If you receive an error message, just click ''Watch on YouTube'' to view the video. https://www.youtube.com/embed/fBNiFUY_Tpk

832 Great Smoky Way, Gatlinburg

$475,000
1 Beds 2 Baths 312420 MLS ACTIVE Status
Cozy Cub -- 1BR/2BA Smoky Mountain Cabin, Gatlinburg, TN If you've been looking for a Smoky Mountain cabin that's already proven itself with guests, take a look at Cozy Cub. It sits in the Cobbly Nob area near Pittman Center, just a short drive to downtown Gatlinburg, Pigeon Forge, and the national park entrance -- close enough to the action, far enough to feel tucked away in the trees. This one's a 1-bedroom, 2-bath layout that sleeps four comfortably, and it's holding a 4.94-star rating with Guest Favorite status on Airbnb. That kind of rating doesn't happen by accident -- the cabin has the right mix of charm and fun extras that keep people coming back and leaving great reviews. Inside, you've got tongue-and-groove ceilings and an open living area that gives it that classic mountain-cabin feel without trying too hard. There's an electric fireplace for cooler nights, a deck looking out into the woods, and a kitchen and dining area that's set up for real use, not just for show. The king bedroom has its own private bath, and there's a loft sleeping area on top of that for extra guests or a family with kids. The real draw for most guests, though, is upstairs and outside: a private hot tub and a game loft with a pool table and an arcade machine. It's a small footprint that punches above its weight on amenities, which is exactly what helps it compete for bookings against bigger cabins nearby. As for the neighborhood -- this is genuinely a fun area to own in. Guests get access to community pools for the summer crowd, there's a golf course nearby for the days they don't want to hike, and you're in real bear country, so don't be surprised if one wanders through the yard now and then. People come to the Smokies for that experience, and this location delivers it. For an investor or someone looking for a second home that can also pay for itself, this is about as low-maintenance as it gets. Small enough to keep costs down, but dialed in enough on amenities and reviews to hold its own in a crowded rental market. Reach out for financials or to set up a showing. Cozy Cub -- 1BR/2BA Smoky Mountain Cabin, Gatlinburg, TN If you've been looking for a Smoky Mountain cabin that's already proven itself with guests, take a look at Cozy Cub. It sits in the Cobbly Nob area near Pittman Center, just a short drive to downtown Gatlinburg, Pigeon Forge, and the national park entrance -- close enough to the action, far enough to feel tucked away in the trees. This one's a 1-bedroom, 2-bath layout that sleeps four comfortably, and it's holding a 4.94-star rating with Guest Favorite status on Airbnb. That kind of rating doesn't happen by accident -- the cabin has the right mix of charm and fun extras that keep people coming back and leaving great reviews. Inside, you've got tongue-and-groove ceilings and an open living area that gives it that classic mountain-cabin feel without trying too hard. There's an electric fireplace for cooler nights, a deck looking out into the woods, and a kitchen and dining area that's set up for real use, not just for show. The king bedroom has its own private bath, and there's a loft sleeping area on top of that for extra guests or a family with kids. The real draw for most guests, though, is upstairs and outside: a private hot tub and a game loft with a pool table and an arcade machine. It's a small footprint that punches above its weight on amenities, which is exactly what helps it compete for bookings against bigger cabins nearby. As for the neighborhood -- this is genuinely a fun area to own in. Guests get access to community pools for the summer crowd, there's a golf course nearby for the days they don't want to hike, and you're in real bear country, so don't be surprised if one wanders through the yard now and then. People come to the Smokies for that experience, and this location delivers it. For an investor or someone looking for a second home that can also pay for itself, this is about as low-maintenance as it gets. Small enough to keep costs down, but dialed in enough on amenities and reviews to hold its own in a crowded rental market. Reach out to set up a showing.

515 Deer Path Lane, Gatlinburg

$425,000
2 Beds 3 Baths 312391 MLS ACTIVE Status
Turnkey investment opportunity in the heart of Gatlinburg! Welcome to 626 Morning Mist Way, a beautifully maintained 2-bedroom, 2-bath cabin offering proven short-term rental history, strong income potential, and the mountain getaway experience today's guests are seeking. Featuring an open-concept floor plan with soaring ceilings and rustic charm, this inviting cabin comfortably accommodates guests with a main-level bedroom and spacious loft bedroom. The well-appointed living area creates the perfect gathering space, while large windows bring in natural light and showcase the peaceful mountain setting. One of the property's standout features is the private courtyard retreat, complete with a hot tub and outdoor seating area, providing a secluded space for guests to relax and unwind. Amenities like these help drive guest satisfaction and encourage repeat bookings. Conveniently located just minutes from downtown Gatlinburg, the Great Smoky Mountains National Park, dining, shopping, and area attractions, this cabin offers the ideal combination of privacy and accessibility. Whether you're looking to expand your investment portfolio, purchase a vacation home, or enjoy a personal mountain retreat with income-producing potential, 626 Morning Mist Way is ready to start working for you from day one. Buyer and Buyer's Agent to verify all information including square footage, restrictions, rental history, rental projections, and all other pertinent details.

626 Morning Mist Way, 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

$495,000
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

$495,000
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

$474,000
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

$499,999
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. 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

$479,900
1 Beds 2 Baths 308105 MLS ACTIVE Status
Welcome to your Smoky Mountain getaway! This 1 BD/2 BA, 1,200+ sq ft authentic log cabin is perfectly located just minutes from downtown Gatlinburg, the Great Smoky Mountains National Park, Ober Mountain Ski Resort, and the owner's club with pools, tennis courts and recreation facilities. Tucked into a peaceful setting, it's a well-established rental and offers excellent potential as a vacation rental or personal mountain retreat. Step inside to a spacious great room that combines a cozy living area with a fireplace, open dining space, full kitchen, and recreation area, all on the main level. A second bathroom on this floor makes it convenient for guests. Upstairs, the loft-style primary suite features a private bath and its own balcony, ideal for morning coffee or unwinding under the stars. Outdoor living is a highlight here, with a wraparound deck featuring a hot tub, and an additional private upper level balcony to soak in the fresh mountain air year-round. With its inviting design, rental history, and unbeatable location near the National Park, Gatlinburg attractions, and the Parkway, this cabin is a true Smokies gem. You'll love the high ceilings, exposed beams, Appalachian style log construction, pine floors, mountain views, and privacy. Serviced year-around by the city of Gatliburg, including trash pick up, street cleaning, and high-speed fiber-optic internet service. Don't miss your chance to see it, schedule your showing today!

1264 Bavarian Way, Gatlinburg

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