449 Lucerne Way Gatlinburg, TN 37738
Estimated payment $5,665/month
Highlights
- Very Popular Property
- Golf Course Community
- Sauna
- Gatlinburg Pittman High School Rated A-
- Outdoor Pool
- 0.63 Acre Lot
About This Home
CABIN IN THE CLOUDS - BREATHTAKING VIEWS, STRONG RETURNS, AND FOREVER HOME POTENTIAL
Cabin in the Clouds offers a rare combination of income performance and long-term lifestyle value. Nestled in the sought-after Cobbly Nob community, this 3-bedroom, 3-bathroom log home with a bonus sleeping area grossed $146,561.38 in 2023 and $115,422.39 in 2024—making it a compelling opportunity for short-term rental investors or buyers seeking a second home with income-generating potential.
Positioned at the end of a quiet dead-end street, the property enjoys exceptional privacy and unobstructed panoramic views of the Smoky Mountains. The layout includes a bonus room converted for additional sleeping space with two freestanding bunks, allowing the home to comfortably sleep up to 12 guests. Whether you're maximizing rental capacity or hosting extended family, the flexible design supports both.
Inside, the home is outfitted for high guest satisfaction and personal enjoyment. A sunroom captures breathtaking views year-round, while the movie room with projector, game room, and karaoke stage offer entertainment for all ages. A cozy fireplace and sauna add touches of luxury and relaxation, and the two-car garage provides practical convenience for owners and guests alike.
Three expansive decks create seamless indoor-outdoor living, perfect for soaking in the hot tub, enjoying morning coffee, or watching the sunset over the mountains. With well-maintained roads and easy access to Gatlinburg and the national park, the location balances seclusion with connectivity.
Whether you're looking to expand your portfolio with a high-performing asset or settle into a forever home that offers both serenity and income potential, Cabin in the Clouds delivers. Schedule your showing today and explore the possibilities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,660
Year Built
- Built in 1997
Lot Details
- 0.63 Acre Lot
- Lot Dimensions are 170.49 x 210.71
- Property fronts a private road
- Private Lot
HOA Fees
- $157 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Log Cabin
- Composition Roof
Interior Spaces
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Stone Fireplace
- Double Pane Windows
- Blinds
- Living Room with Fireplace
- Sauna
- Mountain Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Outdoor Pool
- Deck
- Covered Patio or Porch
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Propane
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 110B B 038.00
Community Details
Overview
- Association fees include security
- Cobbly Nob Poa
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
Additional Features
- Clubhouse
- Security
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 | $2,660 | $179,760 | $32,000 | $147,760 |
| 2024 | $1,663 | $112,350 | $20,000 | $92,350 |
| 2023 | $1,663 | $112,350 | $0 | $0 |
| 2022 | $1,663 | $112,350 | $20,000 | $92,350 |
| 2021 | $1,663 | $112,350 | $20,000 | $92,350 |
| 2020 | $1,450 | $112,350 | $20,000 | $92,350 |
| 2019 | $1,450 | $77,950 | $20,000 | $57,950 |
| 2018 | $1,450 | $77,950 | $20,000 | $57,950 |
| 2017 | $1,450 | $77,950 | $20,000 | $57,950 |
| 2016 | $1,450 | $77,950 | $20,000 | $57,950 |
| 2015 | -- | $74,300 | $0 | $0 |
| 2014 | $1,211 | $74,296 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/13/2025 10/13/25 | Price Changed | $999,999 | -8.2% | $278 / Sq Ft | |
| 09/11/2025 09/11/25 | Price Changed | $1,089,000 | -3.2% | $303 / Sq Ft | |
| 06/10/2025 06/10/25 | Price Changed | $1,125,000 | -2.2% | $313 / Sq Ft | |
| 03/17/2025 03/17/25 | For Sale | $1,150,000 | +15.0% | $319 / Sq Ft | |
| 09/23/2021 09/23/21 | Sold | $1,000,000 | 0.0% | $278 / Sq Ft | View Prior Sale |
| 08/14/2021 08/14/21 | Pending | -- | -- | -- | |
| 08/11/2021 08/11/21 | For Sale | $1,000,000 | +223.1% | $278 / Sq Ft | |
| 04/24/2016 04/24/16 | Off Market | $309,500 | -- | -- | |
| 01/25/2013 01/25/13 | Sold | $309,500 | -11.5% | $90 / Sq Ft | View Prior Sale |
| 12/21/2012 12/21/12 | Pending | -- | -- | -- | |
| 11/05/2012 11/05/12 | For Sale | $349,900 | -- | $102 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000,000 | Foundation Title & Escrow | |
| Warranty Deed | $309,500 | -- | |
| Warranty Deed | $40,000 | -- | |
| Warranty Deed | $13,500 | -- | |
| Warranty Deed | $10,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | New Conventional |
Source: Lakeway Area Association of REALTORS®
MLS Number: 706807
APN: 110B-B-038.00
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