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  • $465,000

    970 Douglas Dam Rd, Kodak, TN 37764

    2beds
    983sqft
    Single Family Residence
    Built in 2026
    435 Square Feet Lot
    $463,400 Zestimate®
    $473/sqft
    $1,809 Estimated rent

    Home value

    $463,400

    $426,000 - $505,000

    $1,809/mo

    Zestimate® history
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    What's special

    Wishing wellGarden labyrinthStone fireplaceSecret fairy dioramaCustom outdoor fireplaceTwo bedroomsHot tub
    Here is your last chance to own a part of the most magical rental community in the Smokies--The Forgotten Forest in Sevier County, Tennessee! This charming two-bedroom Fairy house, filled with handcrafted details, is sure to be a big hit with locals and tourists, offering incredible income potential, or as a perfect family vacation home. The cozy woodland retreat is the last new construction home that will be sold in the development. With creatures carved into the wood, a fanciful ceiling of clouds and birds, secret fairy diorama, a wondrous tree climbing from the first floor to the second, and woods or acreage outside every window, this fairytale cottage is a quiet, private retreat, close to all the favorite tourist spots, but still hidden from the bustle. The 983-square-foot cottage features two bedrooms, and two hidden nooks for twin beds, meaning the home can comfortably sleep six in beds. Or the upstairs open bedroom area could be used as a game room. There also are two full bathrooms, a stone fireplace, rough-sawn barrel and hand-painted ceilings, wood ceiling beams, quartz tops, a peaceful patio with hot tub, custom outdoor fireplace and beautiful views of the 100-acre meadow. The home includes a hot tub and all GE appliances, including washer and dryer, but is waiting for you to fulfill your vision with whimsical furnishings and final touches. As frequently seen on TikTok, Instagram and Facebook, The Forgotten Forest is a viral sensation featuring burrow houses, a castle, treehouse cabins, an owl's post, the Wizard's Trolley, the Three Wizards, the Inn at the Shire, the Lost Galaxy Outpost, and many other magical dwellings. Hidden on almost 20 acres in Kodak, Tennessee, the Forest is close to Dollywood, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park, and boasts much higher than average occupancy rates. (Smaller Forest dwellings rent incredibly well at the Forest, as evidenced by the 500-square-foot, two-bedroom Wizard's Trolley with $65,000 gross income in 2025.) Perhaps best of all for out-of-state investors, the licensed contractor who built all of the homes, and owns several, is on site every day. This unique community also includes a stone circle, garden labyrinth, tree creatures, wishing well, 10-foot tall ancient sword, and an ancient ruins pool and waterpark slide to be open this summer. This house will pay for itself very quickly! Please submit best offer, with proof of financing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathleen Christie 865-237-0451,

    Crye-Leike Realtors

    Bought with:

    Mike Court, 370748

    eXp Realty, LLC

    Source: East Tennessee Realtors,MLS#: 1339566MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Cathedral Ceiling(s), Kitchen Island, Eat-in Kitchen
    • Windows: Windows - Vinyl
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Electric, Stone, Wood Burning
    Interior area
    • Total structure area: 983
    • Total interior livable area: 983 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Exterior features: Prof Landscaped
    • Has view: Yes
    • View description: Country Setting
    Lot
    • Size: 435 Square Feet
    • Features: Wooded
    Details
    • Parcel number: 013 164.13

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other,A-Frame
    • Property subtype: Single Family Residence
    Materials
    • Stone, Wood Siding, Shingle Siding, Frame
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2026

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: The Forgotten Forest
    HOA
    • Has HOA: Yes
    • Amenities included: Other
    • Services included: Insurance, Maintenance Grounds
    • HOA fee: $150 monthly
    Location
    • Region: Kodak

    Financial & listing details

    • Price per square foot: $473/sqft
    • Tax assessed value: $68,100
    • Annual tax amount: $252
    • Date on market: 5/5/2026
    • Listing terms: New Loan,Cash,Conventional

    Price history

    DateEventPrice
    9/14/2026Sold$465,000-4.9%$473/sqft
    Source: East Tennessee Realtors #1339566 Report a problem
    8/13/2026Pending sale$489,000$497/sqft
    Source: East Tennessee Realtors #1339566 Report a problem
    8/3/2026Price change$489,000-2%$497/sqft
    Source: East Tennessee Realtors #1339566 Report a problem
    5/5/2026Listed for sale$499,000-33.9%$508/sqft
    Source: East Tennessee Realtors #1339566 Report a problem
    11/8/2024Sold$754,784+129.8%$768/sqft
    Source: East Tennessee Realtors #1259830 Report a problem
    6/14/2024Sold$328,500-53%$334/sqft
    Source: Public Record Report a problem
    6/3/2024Pending sale$699,000$711/sqft
    Source: East Tennessee Realtors #1259830 Report a problem
    4/18/2024Listed for sale$699,000+101%$711/sqft
    Source: East Tennessee Realtors #1259830 Report a problem
    6/1/2023Sold$347,678-29.8%$354/sqft
    Source: Public Record Report a problem
    1/6/2023Pending sale$495,000$504/sqft
    Source: GSMAR, GSMMLS #255181 Report a problem
    12/29/2022Listed for sale$495,000+661.5%$504/sqft
    Source: GSMAR, GSMMLS #255181 Report a problem
    5/13/2019Sold$65,000+296.3%$66/sqft
    Source: Public Record Report a problem
    8/31/2000Sold$16,400$17/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$252 -15.8%$17,025 -15.8%
    2024$299 -8.8%$20,225 -8.8%
    2023$328 +7.6%$22,175 +7.6%
    2022$305 $20,600
    2021-- $20,600 -0.5%
    2020$385 $20,700
    2019$385 $20,700
    2018$385 +0%$20,700
    2017$385 $20,700
    2016$385 $20,700 -0.5%
    2015-- $20,800 0%
    2014$339 $20,801
    2013$339 $20,801
    2012$339 $20,801
    2011$339 $20,801
    2010-- $20,801
    2009$320 $20,801
    2008$320 $20,801
    2007$320 +14.9%$20,801
    2006$279 -19.3%$20,801
    2005$345 +85.5%$20,801 +85.5%
    2004$186 +14.5%$11,211
    2002$163 $11,211
    2001-- $11,211 -75%
    2000-- $44,843
    Find assessor info on the county website

    Neighborhood: 37764

    Nearby schools

    GreatSchools rating
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