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 • REDUCED PRICE • POSITIVE CASH FLOW Proven Gatlinburg STR just 3 miles from downtown with an established rental history and room to take it to the next level. This 2BR/1.5BA cabin generated $49,500 in gross rental revenue in 2025 and ranks in the Top 1% on Airbnb for guest ratings, reviews and reliability. Offered at $389,900, the property shows an estimated $1,145/month positive cash flow based on 2025 gross rental revenue and current estimated monthly expenses.* With a few strategic interior and outdoor updates, imagine the potential to elevate the guest experience, strengthen the property's marketability and build on an already successful rental history. The seller has already handled two major improvements with a brand-new metal roof and newly painted exterior--and is now offering $5,000 toward buyer closing costs upon an acceptable contract that closes. Proven income. Positive cash flow. Big-ticket improvements completed. Opportunity for additional upside. Minutes from downtown Gatlinburg, Great Smoky Mountains National Park, Anakeesta, Dollywood and area attractions. *Cash-flow projection is an estimate based on $49,500 in 2025 gross rental revenue and provided expenses. Actual expenses, financing terms, management costs and rental performance may vary.

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 .