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For sale
  • $3,970,000

    4314 Carolina Cove Way, Pigeon Forge, TN 37863

    --beds
    0baths
    3,051sqft
    : 
    Multi Family
    Built in 2008
    -- sqft lot
    $-- Zestimate®
    $1,301/sqft
    $-- HOA

    What's special

    Own outdoor swimming poolStunning mountain viewsResort-style retreat
    3 properties included! $440,000+ combined gross income from July 2024 to June 2025 from this exceptional short-term rental package featuring three high-performing cabins. This rare trifecta includes small, medium, and large cabins—offering a variety of guest experiences and income streams for the discerning 1031 exchange investor. The small and medium cabins are located in the sought-after Chalet Village area of Gatlinburg, where bookings remain strong even through the winter months. The large cabin, located at 4314 Carolina Cove in Pigeon Forge, offers an amenity rarely found in the Smokies—its own outdoor swimming pool—making it a highly desirable choice for larger groups and extended bookings. 1256 Bear Cub Way, Gatlinburg - 3 beds, 3 abths - Stunning mountain views, including the slopes at Ober Gatlinburg. 2226 St Moritz Ct, Gatlinburg - 2 bed, 2 bath- Beautiful mountain views and a direct overlook of Ober Gatlinburg. 4314 Carolina Cove, Sevierville - 5 bed, 5 baths - Resort-style retreat with private outdoor pool, ideal for larger parties. This turnkey investment includes established bookings, professional property management in place (with the option to retain or self-manage), and the potential for bonus depreciation if closed in 2025. Seller is willing to assist with a smooth transition, including PM referrals, cost segregation referrals, and transfer of VRBO ratings and reviews: Large cabin: 10.0 rating (https://www.vrbo.com/3973745) Medium cabin: 10.0 rating (https://www.vrbo.com/4005922) Small cabin: 9.4 rating (https://www.vrbo.com/3973746) A rare opportunity to own three of the Smokies' top-producing STR properties with proven performance and exceptional guest appeal. Current property manage is willing to continue managing if wanted.
    8 days
    on Zillow
    |
    209
    |
    12
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    Zillow last checked: 7 hours ago

    Listing updated: August 18, 2025 at 08:17am

    Listed by:

    Brianne Miller 865-384-0310,

    Epique Realty 888-893-3537

    Source: East Tennessee Realtors,MLS#: 1311792MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Heat Pump, Central, Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Other
    Features
    • Cathedral Ceiling(s)
    • Flooring: Laminate, Hardwood, Carpet, Vinyl, Tile
    • Windows: Storm Window(s), Insulated Windows
    Interior area
    • Total structure area: 3,051
    • Total interior livable area: 3,051 sqft

    Property

    Parking
    • Parking features: Off Street, On Premise Parking
    Features
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: In Ground
    Lot
    • Size: 2.24 Acres
    • Dimensions: 2.24 acres
    Details
    • Parcel number: 115F A 002.00

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Log, Block, Frame, Other
    Condition
    • Year built: 2008

    Community & HOA

    Community
    • Subdivision: Serenity Cove Unit 2
    Location
    • Region: Pigeon Forge

    Financial & listing details

    • Price per square foot: $1,301/sqft
    • Tax assessed value: $744,200
    • Annual tax amount: $4,406
    • Date on market: 8/12/2025
    • Listing terms: New Loan,Cash,Conventional
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