$1,300,000
$50K PRICE DROP

4206 Mountain Rest Way Sevierville, TN 37876

Estimated payment $7,170/month

Total Views 1,672
6 Beds
9 Baths
4,398 Sq Ft
$296 Price per Sq Ft

Highlights

  • 4.4 Acre Lot
  • Mountain View
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Traditional Architecture

About This Home

3 cabin deal! Unlock the Smoky Mountain investment property you've been waiting for. This incredible parcel features THREE income-producing cabins on one lot - a setup almost impossible to find in today's market. Proven Performance Established rental history generating ~$165,000 annually Offered at $150,000 below appraised value - instant equity - Recent Upgrades All cabins freshly painted in sleek modern black exterior finish New appliances throughout for worry-free operations New hot tubs & new railing systems for guest appeal and safety New HVAC units for reliable comfort year-round Trees cleared to open up space, views, and curb appeal Expansion Potential Includes an additional lot area, perfect for building a fourth cabin and expanding revenue even further Why This Property? Opportunities like this rarely hit the market. Whether you're a seasoned investor or entering the Smoky Mountain rental market, owning three cabins on one parcel with room to expand is an unmatched play for cash flow and long-term appreciation. 📍 Prime Sevierville location, minutes from attractions yet private enough for guests to relax and return year after year.

Listing Agent

Jay Combs

East TN-LPT Realty License #326487 Listed on: 10/06/2025

East TN-LPT Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 2005

Lot Details

  • 4.4 Acre Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 4,398 Sq Ft Home
  • 3 Fireplaces
  • Gas Log Fireplace
  • Wood Flooring
  • Mountain Views
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-in Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Internet Available

Community Details

  • Hazelwood Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Property Available on 10/6/25
  • Assessor Parcel Number 087 016.13

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,358

Year Built

Built in 2005

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Directions: I-40 Exit 407 to 4206 Mountain Rest Way, Sevierville, TN 37876 (approximate, check GPS for exact final turns): From exit ramp at I-40 Exit 407, turn onto TN-66 / Winfield Dunn Parkway (southbound toward Sevierville). Smoky Mountain Navigator +2 National Park Service +2 Continue on TN-66 / Hwy 66 for several miles toward Sevierville. Smoky Mountain Navigator +2 AARoads +2 As you approach Sevierville, you may need to turn onto local roads (depends on the subdivision). Enter Mountain Rest Way (a local road in the Hazelwood / subdivision area) and follow it until you reach 4
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2005
  • Lot Size Acres: 4.4
  • Subdivision Name: Hazelwood
  • Architectural Style: Traditional
  • Contract Info:List PriceSqFt2: 295.58
  • General Property Description:SqFt - Main Lvl: 1466.0
  • General Property Description:SqFt - Down Lvl: 1466.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1466.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range
  • Basement YN: Yes
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log
  • Fireplaces: 3
  • Flooring: Hardwood

Exterior Features

  • View: Mountain View
  • Lot Features: Wooded
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Porch - Covered, Deck

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Lot Info

  • Parcel #: 087 016.13

Rental Info

  • Available Date: 2025-10-06

Tax Info

  • Tax Annual Amount: 3357.82

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,358 $226,880 $18,120 $208,760
2024 $3,358 $226,880 $18,120 $208,760
2023 $3,358 $226,880 $0 $0
2022 $2,099 $141,800 $11,325 $130,475
2021 $2,099 $141,800 $11,325 $130,475
2020 $1,927 $141,800 $11,325 $130,475
2019 $1,927 $103,625 $11,500 $92,125
2018 $1,927 $103,625 $11,500 $92,125
2017 $1,927 $103,625 $11,500 $92,125
2016 $1,927 $103,625 $11,500 $92,125
2015 -- $114,700 $0 $0
2014 $1,870 $114,696 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2025 11/11/25 Price Changed $1,300,000 -1.9% $296 / Sq Ft
10/21/2025 10/21/25 Price Changed $1,325,000 -90.0% $301 / Sq Ft
10/20/2025 10/20/25 Price Changed $13,250,000 +881.5% $3,013 / Sq Ft
10/06/2025 10/06/25 For Sale $1,350,000 +123.1% $307 / Sq Ft
04/03/2020 04/03/20 Sold $605,000 -6.9% $432 / Sq Ft View Prior Sale
03/04/2020 03/04/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $649,900 -- $464 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Admiral Title Inc
Warranty Deed $605,000 None Available
Warranty Deed -- --
Deed $12,500 --
Deed $80,000 --
Warranty Deed $5,300 --
Warranty Deed $10,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $514,250 Purchase Money Mortgage
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1317423

East Tennessee REALTORS® MLS

APN: 087-016.13