1103 Villa Lane, Gatlinburg, TN 37738

$389,900
2
BD
2
BA
864
SqFt

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List Price
$389,900
Price Change
▼ $30,100 1788659172
Status
ACTIVE
MLS#
310296
Bedrooms
2
Full-baths
1
Half-baths
1
Sq. Ft
864
Year Built
1986
Subdivision
Condo Villas

Property Description

BRAND-NEW METAL ROOF, NEW EXTERIOR PAINT & NOW OFFERED AT A REDUCED PRICE! The seller has made major improvements AND reduced the price, creating an even stronger opportunity to own a proven short-term rental just 3 miles from downtown Gatlinburg. This turn-key 2BR/1.5BA cabin generated $53,000 in gross rental income in 2024 and $49,500 in 2025 and ranks among the Top 1% of homes on Airbnb based on guest ratings, reviews, and reliability. With an established rental history already in place, this is an opportunity for investors looking for an income-producing Smoky Mountain property without starting from scratch. The unique octagon design helps this cabin stand out from the crowd, while vaulted ceilings, an open layout, and a stone fireplace deliver the mountain-cabin experience guests come to Gatlinburg looking for. A private covered deck with hot tub, wooded privacy, picnic area, and access to a community swimming pool add to its rental appeal. LOCATION, RENTAL PERFORMANCE AND BIG-TICKET IMPROVEMENTS--the combination investors are looking for. With a brand-new metal roof, newly painted exterior, proven rental history, Top 1% Airbnb ranking, and a newly reduced price, the seller has positioned this property to be one of the more compelling STR opportunities in its price range. Just minutes from downtown Gatlinburg, Great Smoky Mountains National Park, Anakeesta, Dollywood, shopping, dining, and area attractions. If you've been waiting for the right Gatlinburg investment, this one deserves another look!

Additional Information

Price Per Sqft
$451
Days on Market
23
Annual Tax
1007
Tax Year
2025
Hoa Fee
$235
Hoa Freq
Monthly
Style
Cottage
Stories
One
Interior Features
Ceiling Fan(s), Granite Counters, Kitchen/Dining Combo, Living/Dining Combo
Exterior Features
Rain Gutters
Amenities
Pool
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Range Hood, Washer
Basement
Crawl Space
Roof
Composition
Garage Type
Asphalt, Driveway, Off Street
Fireplace Type
Gas Log
Hoa Includes
Maintenance Grounds
Heating
Electric, Heat Pump
Cooling
Central Air, Electric, Heat Pump
Sewer
Septic Tank
Water
See Remarks
Gross Amount One
49500
Year One
2025
Gross Amount Two
53000
Year Two
2024

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Calculator source: Real Geeks

Listing courtesy of Wallace Real Estate.

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 .