531 Gatlin Dr Gatlinburg, TN 37738
Estimated payment $6,186/month
Total Views
3,731
5
Beds
3
Baths
2,808
Sq Ft
$381
Price per Sq Ft
Highlights
- Spa
- Mountain View
- Wood Flooring
- Gatlinburg Pittman High School Rated A-
- Deck
- No HOA
About This Home
$100K+ in 2024 Rental Revenue | Luxury 5BR Cabin Near Downtown GatlinburgUnlock the opportunity to own a high-performing short-term rental just minutes from downtown Gatlinburg! This spacious 2,800 sq ft luxury cabin generated over $100,000 in rental revenue in 2024, making it an exceptional investment for buyers seeking strong cash flow and long-term value.Perfectly located off Hwy 321, this 5-bedroom, 3-bathroom retreat is ideal for large groups, family vacations, or entertaining guests. The cabin is serviced by city utilities and features numerous recent upgrades. Step outside to enjoy expansive decks with wooded privacy and distant mountain views, complete with outdoor dining, a hot tub, and a firepit gathering area—perfect for guests to relax and enjoy the Smoky Mountain lifestyle. This cabin is located less than 3 miles from Rocky Top Sports World and under 5 miles to the Great Smoky Mountains National Park entrance, offering unbeatable convenience for tourists and group travelers alike.Whether you're searching for a turnkey vacation rental, a second home, or a proven income-generating asset.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,175
Year Built
- Built in 2000
Lot Details
- 0.57 Acre Lot
- Lot Has A Rolling Slope
Parking
- No Garage
Home Design
- Cabin
- Frame Construction
- Wood Siding
Interior Spaces
- 2,808 Sq Ft Home
- Ceiling Fan
- Gas Log Fireplace
- Wood Flooring
- Mountain Views
- Finished Basement
- Walk-Out Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Deck
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
Community Details
- No Home Owners Association
- Montgomery Woods Addn 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 117N A 001.03
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 | $2,926 | $197,720 | $21,000 | $176,720 |
| 2024 | $2,926 | $197,720 | $21,000 | $176,720 |
| 2023 | $2,926 | $197,720 | $0 | $0 |
| 2022 | $1,984 | $123,575 | $13,125 | $110,450 |
| 2021 | $1,984 | $123,575 | $13,125 | $110,450 |
| 2020 | $1,431 | $123,575 | $13,125 | $110,450 |
| 2019 | $1,433 | $70,975 | $13,125 | $57,850 |
| 2018 | $1,433 | $70,975 | $13,125 | $57,850 |
| 2017 | $1,433 | $70,975 | $13,125 | $57,850 |
| 2016 | $1,433 | $70,975 | $13,125 | $57,850 |
| 2015 | -- | $69,275 | $0 | $0 |
| 2014 | $1,240 | $69,280 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2025 05/31/25 | Price Changed | $1,070,000 | 0.0% | $381 / Sq Ft |
| 05/31/2025 05/31/25 | For Sale | $1,070,000 | +1.9% | $381 / Sq Ft |
| 03/12/2025 03/12/25 | Off Market | $1,049,900 | -- | -- |
| 03/04/2025 03/04/25 | Price Changed | $1,049,900 | -1.9% | $374 / Sq Ft |
| 02/25/2025 02/25/25 | Price Changed | $1,069,900 | -0.9% | $381 / Sq Ft |
| 02/16/2025 02/16/25 | Price Changed | $1,079,900 | -0.9% | $385 / Sq Ft |
| 02/03/2025 02/03/25 | Price Changed | $1,089,900 | -0.9% | $388 / Sq Ft |
| 01/18/2025 01/18/25 | For Sale | $1,099,900 | +23.4% | $392 / Sq Ft |
| 02/11/2022 02/11/22 | Off Market | $891,500 | -- | -- |
| 11/12/2021 11/12/21 | Sold | $891,500 | +4.9% | $317 / Sq Ft |
| 09/24/2021 09/24/21 | Pending | -- | -- | -- |
| 09/21/2021 09/21/21 | For Sale | $849,900 | -- | $303 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $891,500 | Maryville Title Agency Inc | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $450,000 | -- | |
| Deed | -- | -- | |
| Deed | $45,000 | -- | |
| Warranty Deed | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $713,200 | New Conventional | |
| Previous Owner | $468,000 | No Value Available | |
| Previous Owner | $240,000 | No Value Available |
Source: Public Records
Similar Homes in Gatlinburg, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1287511
APN: 117N-A-001.03
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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