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 • 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.
| 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.
