1 Bed
1 Bath
480 SqFt
1 Bed
1 Bath
480 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 480 sqft
Price per Sqft $625
Subdivision Sevier County - 27
MLS Listing ID 1335525
Style Cabin
Bedrooms 1
Full Baths 1
HOA Y/N Yes
Year Built 1993
Annual Tax Amount $737
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Single Family Residence
Source East Tennessee REALTORS® MLS
Property Description
Location, location, location! Just minutes from the main Parkway in Pigeon Forge, this Smoky Mountain retreat on Ridge Road combines outstanding proximity to area attractions, dining, shopping, and entertainment with the privacy of a wooded mountain setting.
The property features a charming 480-square-foot honeymoon cabin currently operating as a short-term rental with an established rental history. Inside, guests are welcomed by rustic mountain character, a cozy gas fireplace, and updates completed within the past year designed to enhance comfort and overall guest appeal.
The cabin generated approximately $36,000 in gross rental revenue last year. Using an estimated 30% operating-expense allowance, the property would produce an estimated $25,200 NOI, representing an approximate 8.4% cap rate at the $300,000 list price.
Whether you're looking to expand your short-term rental portfolio, purchase a Smoky Mountain getaway, or acquire an investment property close to the heart of Pigeon Forge, this cabin offers an attractive combination of location, rental history, and income potential.
Rental figures, expenses, NOI, and cap rate are estimates and are provided for informational purposes only. Buyers should independently verify all financial information and short-term rental requirements.
Location
State TN
County Sevier County - 27
Area Sevier County - 27
Direction From Sevierville head south to Pigeon Forge, L at Jake Thomas Rd/Light #5 to R onto Teaster Lane, L on Ridge Rd, L at Honeymoon Gardens Sign, cabin on L, Lot #2
Rooms
Basement Crawl Space
Interior
Interior Features Eat-in Kitchen
Heating Heat Pump, Electric
Cooling Central Cooling
Fireplaces Number 1
Fireplaces Type Stone, Gas Log
Fireplace Yes
Exterior
Parking Features Designated Parking
Water Access Desc Public
View Wooded
Building
Lot Description Wooded
Sewer Public Sewer
Architectural Style Cabin
NEARBY SCHOOL & BUSINESS
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Agent License ID: 354366
308 N PETERS RD. STE 225, KNOXVILLE, TN 37922, United States