1103 Villa Lane, Gatlinburg, TN 37738
- $389,900
- 2
- BD
- 2
- BA
- 864
- SqFt
- List Price
- $389,900
- Status
- ACTIVE
- Days on Market
- 23
- Price Change
- ▼ $30,100 1788659172
- MLS#
- 310296
- Subtype
- Residential
- Style
- Cottage
- Year Built
- 1986
- Bedrooms
- 2
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 864
- Subdivision
- Condo Villas
- Neighborhood
- Gatlinburg
- MLS Area Major
- Gatlinburg
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.
Additional Information
- Amenities
- Pool
- Interior Features
- Ceiling Fan(s), Granite Counters, Kitchen/Dining Combo, Living/Dining Combo
- Exterior Features
- Rain Gutters
- Taxes
- $1,007
- HOA Fee
- $235
- HOA Freqency
- Monthly
- HOA Includes
- Maintenance Grounds
- Financing
- 1031 Exchange, Cash, Conventional
- Property Description
- Cottage
- Zoning
- R1
- Flooring
- Laminate, Luxury Vinyl
- Appliances
- Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Range Hood, Washer
- Heating
- Electric, Heat Pump
- Air Conditioning
- Central Air, Electric, Heat Pump
- Stories
- One
- Levels
- One
- Roof
- Composition
- Parking Features
- Asphalt, Driveway, Off Street
- View
- Trees/Woods, Seasonal
Courtesy of Wallace Real Estate
Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .