$1,070,000
$30K PRICE DROP

531 Gatlin Dr Gatlinburg, TN 37738

Estimated payment $6,175/month

Total Views 3,963
5 Beds
3 Baths
2,808 Sq Ft
$381 Price per Sq Ft

Highlights

  • Pool and Spa
  • Deck
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Wood Flooring
  • Log Cabin

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, this stunning cabin checks every box.

Listing Agent

Janet Giffee

eXp Realty, LLC 7720 License #318021 Listed on: 05/31/2025

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 2000

Lot Details

  • 0.55 Acre Lot
  • Level Lot

Home Design

  • Log Cabin
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Open Floorplan
  • Wood Flooring
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Pool and Spa
  • Deck

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Montgomery Woods Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 117N A 001.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,175

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Zoning: R-1
  • Reso Property Sub Type: Cabin
  • ResoLaundryFeatures: Laundry Closet
  • ResoLotFeatures: Level
  • ResoPoolFeatures: Hot Tub
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: 701
  • Subdivision Name: Montgomery Woods
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood, Other
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 117N A 001.03
  • Location Tax and Legal Tax Lot2: 1
  • Location Tax and Legal:Tax Annual Amount: 3175.0
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 0.55
  • General Property Information Above Grade Finished Area: 1728.0
  • General Property Information Below Grade Finished Area: 1080.0
  • General Property Information Bonus Room YN2: No
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Security Features:Security System: Yes
  • Levels Three Or More: Yes
  • Pool Features Hot Tub: Yes
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: Yes
  • Interior Features KitchenDining Combo: Yes
  • Interior Features LivingDining Combo: Yes
  • Interior Features Walk-In Shower(s): Yes
  • Main Room Levels Main Level Bathrooms: 1
  • Main Room Levels Main Level Bedrooms: 1
  • Laundry Features Laundry Closet: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Kitchen/Dining Combo, Living/Dining Combo, Soaking Tub, Walk-In Shower(s)
  • Street Number Modifier: 531
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1080.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.55
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Deck
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 23958.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 117N A 001.03

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3175.0
  • Tax Lot: 1

Map

Range of Values:

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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 $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: Great Smoky Mountains Association of REALTORS®

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

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Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 304467

Great Smoky Mountains Association of REALTORS®

APN: 117N-A-001.03