PENDING
$31K PRICE DROP
1108 Circle Point Gatlinburg, TN 37738
Estimated payment $2,937/month
Total Views
2,413
2
Beds
2.5
Baths
1,520
Sq Ft
$328
Price per Sq Ft
Highlights
- Mountain View
- Chalet
- No HOA
- Gatlinburg Pittman High School Rated A-
- Deck
- Community Pool
About This Home
Back on the market; not due to seller fault . Attention investors! This property is exclusively available for cash buyers. Currently owned by a bank, all offers are welcome. Experience breathtaking views from this exceptional cabin located in Chalet Village, boasting unobstructed sights of Mount Leconte. The property features 2 bedrooms and 2 and a half baths. It is important to note that the cabin is fully stripped, lacking essentials such as toilets, showers, kitchen amenities, HVAC, and water heater, providing a unique opportunity for customization.
The cabin offers an extraordinary outdoor experience with a beautiful oversized back deck equipped with a 6-person hot tub. Additionally, a covered half deck includes a ceiling fan, and there is side staircase access. Historically, when renovated, this cabin generated over $70,000 in gross rental income, demonstrating its lucrative potential.
Prospective buyers will be pleased to know that a fully refurbished property could be valued at approximately $700,000. This cabin is versatile, suitable for an investment opportunity, a primary residence, a second home, or a vacation rental property. Its prime location enhances its appeal, situated just 5 miles from downtown Gatlinburg, 3.3 miles from the Great Smoky Mountains National Park, and 2.5 miles from Ober Gatlinburg Ski slopes, with Dollywood also nearby.
This is an opportunity not to be missed for those looking to realize their Smoky Mountain dreams.
Listing Agent
WEICHERT, REALTORS - TIGER REAL ESTATE License #366045 Listed on: 06/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,168
Year Built
- Built in 2017
Lot Details
- 0.45 Acre Lot
- Property fronts a county road
- Paved or Partially Paved Lot
- Irregular Lot
- Lot Has A Rolling Slope
- Cleared Lot
Home Design
- Chalet
- Cottage
- Fixer Upper
- Shingle Roof
Interior Spaces
- 1,520 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Mountain Views
- Basement
- Crawl Space
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Outdoor Features
- Balcony
- Deck
- Covered patio or porch
Schools
- Pi Beta Phi K-8 Elementary School
Utilities
- No Cooling
- No Heating
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 126H B 00200 000
Community Details
Overview
- No Home Owners Association
Recreation
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,355 | $91,575 | $15,200 | $76,375 |
| 2023 | $1,355 | $91,575 | $0 | $0 |
| 2022 | $1,355 | $91,575 | $15,200 | $76,375 |
| 2021 | $1,355 | $91,575 | $15,200 | $76,375 |
| 2020 | $951 | $91,575 | $15,200 | $76,375 |
| 2019 | $951 | $51,150 | $11,825 | $39,325 |
| 2018 | $951 | $51,150 | $11,825 | $39,325 |
| 2017 | $220 | $51,150 | $11,825 | $39,325 |
| 2016 | $845 | $45,425 | $11,825 | $33,600 |
| 2015 | -- | $53,925 | $0 | $0 |
| 2014 | $879 | $53,920 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | Price Changed | $499,000 | -2.2% | $328 / Sq Ft |
| 06/06/2025 06/06/25 | For Sale | $510,000 | 0.0% | $336 / Sq Ft |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | Price Changed | $510,000 | -1.9% | $336 / Sq Ft |
| 04/16/2025 04/16/25 | Price Changed | $520,000 | -1.9% | $342 / Sq Ft |
| 04/03/2025 04/03/25 | Price Changed | $529,995 | 0.0% | $349 / Sq Ft |
| 03/18/2025 03/18/25 | For Sale | $530,000 | +76.1% | $349 / Sq Ft |
| 01/20/2022 01/20/22 | Off Market | $301,000 | -- | -- |
| 10/22/2021 10/22/21 | Sold | $301,000 | 0.0% | $223 / Sq Ft |
| 09/28/2021 09/28/21 | Off Market | $301,000 | -- | -- |
| 09/14/2021 09/14/21 | For Sale | $299,900 | -- | $222 / Sq Ft |
Source: Lakeway Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $370,000 | None Listed On Document | |
| Warranty Deed | $301,000 | Professional Title | |
| Deed | $425,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $232,500 | -- | |
| Deed | $150,000 | -- | |
| Deed | $15,000 | -- | |
| Warranty Deed | $124,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $30,000 | New Conventional | |
| Previous Owner | $478,100 | New Conventional | |
| Previous Owner | $375,000 | Construction | |
| Previous Owner | $33,186 | Construction | |
| Previous Owner | $110,000 | Construction | |
| Previous Owner | $155,000 | No Value Available | |
| Previous Owner | $170,831 | No Value Available | |
| Previous Owner | $180,000 | No Value Available |
Source: Public Records
Similar Homes in Gatlinburg, TN
Source: Lakeway Area Association of REALTORS®
MLS Number: 706819
APN: 126H-B-002.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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