1103 Villa LN, Gatlinburg, TN 37738
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1103 Villa LN, Gatlinburg, TN 37738
1103 Villa LN, Gatlinburg, TN 37738
1103 Villa LN, Gatlinburg, TN 37738
1103 Villa LN, Gatlinburg, TN 37738
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Listed by Jodi Spangler • Wallace Real Estate
$ 389,900
Est. payment /mo
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Price Dropped by $30K

1103 Villa LN Gatlinburg, TN 37738

2 Beds

2 Baths

864 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 864 sqft

Price per Sqft $451

Subdivision Condo Villas

MLS Listing ID 310296

Style Cottage

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $235/mo

HOA Y/N Yes

Abv Grd Liv Area 864

Year Built 1986

Annual Tax Amount $1,007

Tax Year 2025

Property Sub-Type Single Family Residence

Source Great Smoky Mountains Association of REALTORS®

Land Area 864

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.

Location

State TN

County Sevier

Zoning R1

Direction 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 to the house all the way at the end.

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan(s), Granite Counters, Kitchen/Dining Combo, Living/Dining Combo

Heating Electric, Heat Pump

Cooling Central Air, Electric, Heat Pump

Flooring Laminate, Luxury Vinyl

Fireplaces Number 1

Fireplaces Type Gas Log

Furnishings Furnished

Fireplace Yes

Appliance Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer

Laundry Electric Dryer Hookup, Main Level, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Parking Features Asphalt, Driveway, Off Street

Community Features Pool

Utilities Available Cable Available, Electricity Connected, Internet Connected, Phone Connected, Water Connected

Amenities Available Pool

View Y/N Yes

View Seasonal, Trees/Woods

Roof Type Composition

Street Surface Paved

Porch Covered, Deck

Road Frontage County Road

Garage No

Building

Lot Description Level, Sloped, Wooded

Story 1

Sewer Septic Tank

Water See Remarks

Architectural Style Cottage

Structure Type Frame,Wood Siding

New Construction No

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional


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1103 Villa LN