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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2 Beds
2 Baths
864 SqFt
Price Dropped by $30K

1103 Villa LN Gatlinburg, TN 37738

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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 & 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!

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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EXIT Tennessee Realty Pros

EXIT Tennessee Realty Pros

+1(865) 429-2800

License ID: 261589 Tennessee

License ID: 261589 Tennessee

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1103 Villa LN