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.
For sale
$3,970,000
4314 Carolina Cove Way, Pigeon Forge, TN 37863
--beds
0baths
3,051sqft
Est.:
Multi Family
Built in 2008
-- sqft lot
$-- Zestimate®
$1,301/sqft
$-- HOA
What's special
Own outdoor swimming poolStunning mountain viewsResort-style retreat
- 8 days
- on Zillow |
- 209 |
- 12 |
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#: 1311792

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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