1418 School House Gap Road, Sevierville, TN 37876

$400,000
1
BD
2
BA
1,152
SqFt

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List Price
$400,000
Status
ACTIVE
MLS#
313269
Bedrooms
1
Full-baths
1
Half-baths
1
Sq. Ft
1,152
Acres
0.23
Year Built
2004
Subdivision
Sky Harbor

Property Description

OWNER FINANCING AVAILABLE ! ! ! See below for seller's acceptable terms and ask Listing Agent for more details on how to proceed. 2025 GROSS RENTAL INCOME @ 42,386 ! ! ! 430+ REVIEWS with a RATING OF 4.9+ !!! Unbelievable long term performance! Well-seasoned and proven STR rental cabin strategically located halfway between Pigeon Forge and Gatlinburg. Main floor features an open concept living area with living room and kitchen with dine-in table. Top floor features an open concept bedroom with ensuite bathroom. Both floors have a walkout deck with a seasonal mountain view. This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations with an acceptable offer and agreed upon in writing by both Buyer and Seller. Seller can ensure as close to a TURNKEY change of ownership as possible by giving the new buyer their CLEANING COMPANY, any HANDYMEN/CONTRACTORS and/or any other vendors they use to self-manage from afar. *** OWNER FINANCING TERMS *** Seller requests: - 20% or more down payment - 7% interest rate - 5 yr balloon payment - 30 year amortization - interest only monthly payments are acceptable - No pre-payment penalty if paid in full or refinanced early.

Additional Information

Price Per Sqft
$347
Days on Market
1
Annual Tax
778
Tax Year
2025
Hoa Fee
$330
Hoa Freq
Annually
Style
Cabin
Stories
Two
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer
Basement
Crawl Space
Garage Type
Shared Driveway
Fireplace Type
Wood Burning
Hoa Includes
Maintenance Grounds, Roads
Heating
Electric
Cooling
Electric
Sewer
Septic Tank
Water
Well

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC 7720.

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 .