4314 Carolina Cove Way Pigeon Forge, TN 37863
Estimated payment $17,497/month
Highlights
- Indoor Pool
- 2.24 Acre Lot
- Recreation Room
- Gatlinburg Pittman High School Rated A-
- Deck
- Cathedral Ceiling
About This Home
$373,000+ combined gross income from Sept. 2024 to Aug. 2025 in this short term rental package comprising two cream of the crop cabins. Seller offering $25,000 buydown credit! Medium STR cabin located in the coveted Chalet Village where bookings continue through winter months. One-of-a-kind large STR cabin in Pigeon Forge with its own extremely rare outdoor swimming pool and real Canadian logs. Larger parties book these cabins months in advance. Turnkey for investors as the best Smokies property manager, in Seller's opinion, is willing to continue managing these top producing STR cabins for new owners though buyers are free to choose their own PM or self-manage. Close the deal in 2025 to capture bonus depreciation for self-managing buyers. Seller will help buyers with seamless transition including referrals for property manager and cost segregation analyst to capture bonus depreciation, transfer of VRBO reviews and ratings to buyer: 9.6 on large cabin ( and 10.0 on medium cabin ( .
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,406
Year Built
- Built in 2008
Lot Details
- 2.24 Acre Lot
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
- Metal Roof
- Log Siding
Interior Spaces
- Walk-in Shower
- 3,051 Sq Ft Home
- Furnished
- Wired For Data
- Cathedral Ceiling
- Ceiling Fan
- Recreation Room
Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Laundry
- Dryer
- Washer
Parking
- Driveway
- On-Site Parking
- Off-Street Parking
Pool
- Indoor Pool
- Spa
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Heat Pump System
Community Details
- 3 Units
- Serenity Cove Unit 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 115F A 002.00
Map
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 | $4,406 | $297,680 | $12,000 | $285,680 |
| 2024 | $4,406 | $297,680 | $12,000 | $285,680 |
| 2023 | $4,406 | $297,680 | $0 | $0 |
| 2022 | $2,754 | $186,050 | $7,500 | $178,550 |
| 2021 | $2,754 | $186,050 | $7,500 | $178,550 |
| 2020 | $1,977 | $186,050 | $7,500 | $178,550 |
| 2019 | $1,977 | $106,275 | $7,500 | $98,775 |
| 2018 | $1,977 | $106,275 | $7,500 | $98,775 |
| 2017 | $1,977 | $106,275 | $7,500 | $98,775 |
| 2016 | $1,977 | $106,275 | $7,500 | $98,775 |
| 2015 | -- | $108,900 | $0 | $0 |
| 2014 | $1,775 | $108,908 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/03/2025 11/03/25 | Price Changed | $3,250,000 | -16.0% | $1,065 / Sq Ft | |
| 09/30/2025 09/30/25 | Price Changed | $3,870,000 | -2.5% | $1,268 / Sq Ft | |
| 08/12/2025 08/12/25 | For Sale | $3,970,000 | +139.2% | $1,301 / Sq Ft | |
| 01/01/2022 01/01/22 | Off Market | $1,660,000 | -- | -- | |
| 10/01/2021 10/01/21 | Sold | $1,660,000 | 0.0% | $325 / Sq Ft | View Prior Sale |
| 08/21/2021 08/21/21 | Off Market | $1,660,000 | -- | -- | |
| 08/15/2021 08/15/21 | Price Changed | $1,759,000 | -7.2% | $345 / Sq Ft | |
| 08/02/2021 08/02/21 | For Sale | $1,895,000 | 0.0% | $372 / Sq Ft | |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- | |
| 07/05/2021 07/05/21 | Price Changed | $1,895,000 | -5.2% | $372 / Sq Ft | |
| 06/02/2021 06/02/21 | Price Changed | $1,998,000 | +5.2% | $392 / Sq Ft | |
| 05/04/2021 05/04/21 | Price Changed | $1,899,000 | 0.0% | $372 / Sq Ft | |
| 05/04/2021 05/04/21 | For Sale | $1,899,000 | +14.4% | $372 / Sq Ft | |
| 04/06/2021 04/06/21 | Off Market | $1,660,000 | -- | -- | |
| 03/31/2021 03/31/21 | Price Changed | $1,599,000 | -2.4% | $314 / Sq Ft | |
| 03/17/2021 03/17/21 | Price Changed | $1,639,000 | -3.3% | $321 / Sq Ft | |
| 03/08/2021 03/08/21 | For Sale | $1,695,000 | +570.0% | $332 / Sq Ft | |
| 11/15/2015 11/15/15 | Off Market | $253,000 | -- | -- | |
| 08/17/2012 08/17/12 | Sold | $253,000 | -20.9% | $42 / Sq Ft | View Prior Sale |
| 08/17/2012 08/17/12 | Pending | -- | -- | -- | |
| 02/01/2011 02/01/11 | For Sale | $320,000 | -- | $53 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,660,000 | Superior Title & Escrow Llc | |
| Warranty Deed | $576,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | $60,000 | -- | |
| Warranty Deed | $253,500 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $52,000 | -- | |
| Deed | $25,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $328,000 | New Conventional | |
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $26,000 | No Value Available |
Source: East Tennessee REALTORS® MLS
MLS Number: 1311792
APN: 115F-A-002.00
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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