Price Reduction - Views
Address
1103 Villa Lane, Gatlinburg, TN
Price
$ 389,900
Property Attributes
- MLS#3528646
- TypeSingle Family
- Listing Status Active
- CountySEVIER
- CityGatlinburg
- NeighborhoodCondo Villas
- Zip37738
- StyleCottage
- Year Built1986
- Taxes$ 1008
- Price$ 389,900
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage864
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
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!
| Price History | |
|---|---|
| 8/28/2026 | Listed $425,000 |
| 9/2/2026 | 2$420,000 |
| 9/5/2026 | 8$389,900 |
General Features
| Living Area | 864 |
|---|---|
| Sewer | Septic Tank |
| Heating | Electric,Heat Pump |
| Cooling | Central Air,Electric,Other |
| Utilities | Electricity Available,Cable Connected |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Appliances | Dishwasher,Dryer,Electric Range,Microwave,Refrigerator,Washer |
| HOA Fee | 235 |
| Association Fee Includes | Maintenance Grounds |
| Patio/Porch Features | Deck,Covered |
| Architectural Style | Cottage |
| Construction Materials | Frame,Wood Siding |
| Year Built | 1986 |
| View | Trees/Woods,Seasonal View |
| Stories Count | 1 |
| Topography | Level,Sloped,Wooded |
| Levels | One |
| Property Subtype | Single Family Residence |
| Gross Income | 49500 |
| Assoc Fee Paid Per | Monthly |
| County | Sevier County,TN |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | Pool |
| Attached Garage | No |
| Subdivision Name | Condo Villas |
| Full Baths | 1 |
| Status | Active |
| Buyer Financing | Other,Conventional |
| Directions | From the Spur coming into Gatlingburg take Dudley Creek Rd to a Left onto Cartertown Rd,Left onto E Foothills Dr,Left onto Villa Drive. Follow up and Rd will curve to the right onto Villa Ln. Follow |
| City | Gatlinburg |
| Senior Community Y/N | No |
| Lot Size Units | Acres |
| Property Attached Y/N | No |
| Tax Annual Amount | 1008 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 504 |
Interior Features
| Interior Amenities | Ceiling Fan(s) |
|---|---|
| Basement | Crawl Space |
| Flooring | Laminate,Luxury Vinyl |
| Total Fireplaces | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 864 |
| Half Baths | 1 |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 2 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Agent Measured |
| Below Grade Finished Area Source | Agent Measured |
| Above Grade Finished Area Source | Agent Measured |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
Exterior Features
| Parking Features | Asphalt,Driveway |
|---|---|
| Lot Features | Level,Sloped,Wooded |
| Water Source | Other |
| Building Area Total | 864 |
| Lot Size Source | Agent Calculated |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 37738
Price
Taxes
Year Built
Visits
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of RealTracs Solutions as distributed by MLS Grid. Real estate listings held by brokerage firms other than be Home Realty are marked with the Internet Data Exchange Program logo or thumbnail logo and detailed information about them includes the name of the listing brokers.
