PENDING
$65K PRICE DROP
1520 Lake Dr Gatlinburg, TN 37738
Estimated payment $3,031/month
Total Views
4,252
2
Beds
2
Baths
1,290
Sq Ft
$411
Price per Sq Ft
Highlights
- Spa
- Lake On Lot
- A-Frame Home
- Gatlinburg Pittman High School Rated A-
- Waterfront
- Community Lake
About This Home
Price has been slashed due to death in the family. This charmer on private lake in Gatlinburg did $78k in 2022 and due to illness and death of one of the owners was utilized a lot for family and friends. Did $40k each of the last two years around the owner blocks and is ready for top rentals again. Seller's husband passed away and she is selling this cabin in ideal location.
Adorable cabin with lake frontage in Oak Valley Subdivision. Main level offers great room with fireplace and eat in kitchen, master suite with deck overlooking the lush greenery and small lake behind it. Upstairs has open loft bedroom with private bath and large windows to enjoy the views also. There is a pavilion with walkway attached to the house that has comfortable seating and firepit overlooking the water
Location is just off the beaten path in the Arts and Crafts community of Gatlinburg making this an excellent choice for your second home or rental. Cabin is set up with a king bed, queen sleeper and full sleeper and is perfect for a couple or up to six people so this is a no brainer if you are looking for a good investment property .Game tables and pool table are upstairs ini the loft and offers gaming for all ages.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,780
Year Built
- Built in 2017
Lot Details
- 0.5 Acre Lot
- Waterfront
- Corner Lot
- Level Lot
- Irregular Lot
- Wooded Lot
Parking
- Off-Street Parking
Home Design
- A-Frame Home
- Cabin
- Frame Construction
- Log Siding
Interior Spaces
- 1,290 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- 2 Fireplaces
- Gas Log Fireplace
- Stone Fireplace
- Great Room
- Combination Kitchen and Dining Room
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Lake On Lot
- Lake Property
- Deck
Schools
- Pi Beta Phi Elementary School
- Gatlinburg Pittman High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Propane
- Heat Pump System
- Private Water Source
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Oak Valley Subdivision
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 107MB041.00
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 |
|---|---|---|---|---|
| 2025 | $1,780 | $120,240 | $16,000 | $104,240 |
| 2024 | $1,780 | $120,240 | $16,000 | $104,240 |
| 2023 | $1,780 | $120,240 | $0 | $0 |
| 2022 | $1,112 | $75,150 | $10,000 | $65,150 |
| 2021 | $1,112 | $75,150 | $10,000 | $65,150 |
| 2020 | $820 | $75,150 | $10,000 | $65,150 |
| 2019 | $820 | $44,100 | $10,000 | $34,100 |
| 2018 | $820 | $44,100 | $10,000 | $34,100 |
| 2017 | $700 | $44,100 | $10,000 | $34,100 |
| 2016 | $186 | $10,000 | $10,000 | $0 |
| 2015 | -- | $10,000 | $0 | $0 |
| 2014 | $163 | $10,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | Price Changed | $530,000 | -7.7% | $411 / Sq Ft |
| 04/23/2025 04/23/25 | Price Changed | $574,500 | -3.4% | $445 / Sq Ft |
| 02/21/2025 02/21/25 | For Sale | $594,500 | +240.7% | $461 / Sq Ft |
| 07/02/2018 07/02/18 | Off Market | $174,500 | -- | -- |
| 04/03/2017 04/03/17 | Sold | $174,500 | -8.1% | $139 / Sq Ft |
| 02/06/2017 02/06/17 | Pending | -- | -- | -- |
| 12/23/2016 12/23/16 | For Sale | $189,900 | -- | $151 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $174,500 | -- | |
| Warranty Deed | $27,000 | -- | |
| Deed | $7,000 | -- | |
| Deed | $6,000 | -- |
Source: Public Records
Similar Homes in Gatlinburg, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1290786
APN: 107M-B-041.00
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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