872 Great Smoky Way Gatlinburg, TN 37738
9
Beds
9
Baths
4,888
Sq Ft
2018
Built
Highlights
- Mountain View
- Clubhouse
- Furnished
- Gatlinburg Pittman High School Rated A-
- Cathedral Ceiling
- Great Room
About This Home
As of June 2025Nestled in a prime resort location just 2 miles from downtown Gatlinburg and 6 miles from Pigeon Forge, this stunning 9-bedroom, 7 full-bath, 2 half-bath cabin is the ultimate getaway for family reunions, corporate retreats, youth gatherings, or wedding weekends. This property has been a strong income producer for years, consistently generating solid rental revenue. With its desirable location, and proven track record, it presents a fantastic opportunity for investors looking for a turnkey short-term rental.
Spacious & Thoughtfully Designed it accommodates large groups with 9 king beds, 2 twin bunk beds, and 3 queen sleeper sofas (all memory foam).
Open-concept living area with an electric stone fireplace, plush seating, and a big-screen Smart TV. Fully equipped chef's kitchen featuring 2 stainless steel refrigerators, 2 ovens, 2 coffee makers, a microwave, and a dishwasher. Large dining area with seating for 28, plus bar seating for 7.
Entertainment & Recreation: Two game rooms with air hockey, foosball, multi-cade arcade games, Golden Tee, and a San Francisco Rush 2049 driving simulator. Home theater with a large screen, sound bar, and comfortable sofa seating. Pool table and multiple Smart TVs with Hulu (12 total) for endless entertainment.
Outdoor Relaxation & Resort Perks: 4 expansive decks with breathtaking mountain views. 2 private hot tubs & 1 Jacuzzi to unwind after a day of adventure. Resort swimming pool access (open seasonally). Ample parking, including flat parking near the entrance. Charcoal grill for cookouts with a view.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,678
Year Built
- Built in 2018
HOA Fees
- $472 Monthly HOA Fees
Home Design
- Cabin
- Log Siding
Interior Spaces
- 3-Story Property
- Furnished
- Cathedral Ceiling
- Gas Log Fireplace
- Great Room
- Formal Dining Room
- Luxury Vinyl Tile Flooring
- Mountain Views
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 9 Bedrooms | 1 Main Level Bedroom
- Soaking Tub
Laundry
- Laundry closet
- Dryer
- Washer
Outdoor Features
- Covered patio or porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Shared Septic
- High Speed Internet
- Satellite Dish
Listing and Financial Details
- Tax Lot 28
- Assessor Parcel Number 117P E 001.00
Community Details
Overview
- Association fees include insurance, ground maintenance, roads
- Gatlinburg Falls Owners Association
- Gatlinburg Falls Subdivision
- On-Site Maintenance
- Planned Unit Development
Amenities
- Clubhouse
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2025
Closed on
Jun 16, 2025
Sold by
Heritage Investment Properties Llc
Bought by
Parry Michael A and Parry Karen
Seller's Agent
Suzanne Walls
Real Broker
Buyer's Agent
Suzanne Walls
Real Broker
List Price
$1,849,000
Sold Price
$1,700,000
Premium/Discount to List
-$149,000
-8.06%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.33%
Original Mortgage
$750,000
Outstanding Balance
$750,000
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$846,464
Purchase Details
Closed on
Apr 18, 2023
Sold by
Dickel Gerald L and Dickel Deborah A
Bought by
Heritage Investment Properties Llc
Similar Homes in Gatlinburg, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $700,000 | Foothills Title Services Inc | |
| Warranty Deed | $700,000 | Foothills Title Services Inc | |
| Quit Claim Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | Construction | |
| Closed | $750,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $1,700,000 | -8.1% | $348 / Sq Ft |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | For Sale | $1,849,000 | -- | $378 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $7,077 | $478,200 | $17,520 | $460,680 |
| 2023 | $7,077 | $478,200 | $0 | $0 |
| 2022 | $4,799 | $298,875 | $10,950 | $287,925 |
| 2021 | $4,799 | $298,875 | $10,950 | $287,925 |
| 2020 | $3,019 | $298,875 | $10,950 | $287,925 |
| 2019 | $3,024 | $149,800 | $10,950 | $138,850 |
| 2018 | $2,941 | $149,800 | $10,950 | $138,850 |
| 2017 | $221 | $10,950 | $10,950 | $0 |
| 2016 | $2,920 | $144,650 | $10,950 | $133,700 |
| 2015 | -- | $146,650 | $0 | $0 |
| 2014 | $2,624 | $146,651 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2025
Suzanne Walls
Real Broker
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 305362
APN: 117P-E-001.00-028
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. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.
Nearby Homes
- 880 Great Smoky Way
- 859 Great Smoky Way
- 869 Great Smoky Way
- 646 Gatlinburg Falls Way
- Lot 7 Hidden Valley Rd
- 641 Gatlinburg Falls Way
- 889 Great Smoky Way
- 745 Mountain Stream Way
- 768 Mountain Stream Way
- 727 Hidden Valley Rd
- 820 Great Smoky Way
- 808 Great Smoky Way
- 515 Houser Rd
- Lot 1 Hidden Valley
- 1137 Old Cartertown Rd
- 810 Kings Way
- 806 Beanstalk Ct
- 730 Deerfoot Dr
- 1131 Old Cartertown Rd
- 1115 Old Cartertown Rd