1103 Villa Lane

Gatlinburg, TN
$ 389,900 Beds 2 Baths 1.5 Sq 864
Monthly Estimate* How much can I afford?

BRAND-NEW METAL ROOF, NEW EXTERIOR PAINT & NOW OFFERED AT A REDUCED PRICE! The seller has made major improvements AND reduced the price, creating an even stronger opportunity to own a proven short-term rental just 3 miles from downtown Gatlinburg. This turn-key 2BR/1.5BA cabin generated $53,000 in gross rental income in 2024 and $49,500 in 2025 and ranks among the Top 1% of homes on Airbnb based on guest ratings, reviews, and reliability. With an established rental history already in place, this is an opportunity for investors looking for an income-producing Smoky Mountain property without starting from scratch. The unique octagon design helps this cabin stand out from the crowd, while vaulted ceilings, an open layout, and a stone fireplace deliver the mountain-cabin experience guests come to Gatlinburg looking for. A private covered deck with hot tub, wooded privacy, picnic area, and access to a community swimming pool add to its rental appeal. LOCATION, RENTAL PERFORMANCE AND BIG-TICKET IMPROVEMENTS--the combination investors are looking for. With a brand-new metal roof, newly painted exterior, proven rental history, Top 1% Airbnb ranking, and a newly reduced price, the seller has positioned this property to be one of the more compelling STR opportunities in its price range. Just minutes from downtown Gatlinburg, Great Smoky Mountains National Park, Anakeesta, Dollywood, shopping, dining, and area attractions. If you've been waiting for the right Gatlinburg investment, this one deserves another look!

Active

  • Price
  • $ 389,900
  • City
  • Gatlinburg
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • Sevier
  • Half Bathrooms
  • 1
  • Area
  • Sevier County
  • Lot Size
  • 0.01 Acres
  • Zip
  • 37738
  • Sqr Footage
  • 864
  • Year Built
  • 1986
  • Taxes
  • $ 1007
  • Style
  • Other
  • MLS#
  • 1330158
Listed By: Wallace
Data Source: Knoxville MLS (KAAR)

Features

General

Sewer Septic Tank
Heating Heat Pump,Electric
Cooling Central Cooling
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
HOA Fee 235
Association Fee Includes Grounds Maintenance
Architectural Style Other
Construction Materials Wood Siding,Frame
Year Built 1986
View Wooded,Seasonal Mountain
Property Subtype Single Family Residence
Assoc Fee Paid Per Monthly
County Sevier County - 27
Property Type Single Family
Association Amenities Swimming Pool
HOA true
Subdivision Name Condo Villas
Total Rooms 5
Full Baths 1
Status Active
Directions From the Spur coming into Gatlinburg take Dudley Creek Rd to a Left onto Cartertown Rd, Left onto E Foothills Dr, Left onto Villa Dr. Follow up and the road will curve to the right onto Villa Ln. Follow to the house all the way at the end See Sign.
City Gatlinburg
MLS Area Sevier County - 27
Lot Size Units Acres
Lot Size Square Feet 435.6
Property Attached Y/N false
MLS Area Minor Sevier County - 27
Structure Type Other
Standard Status Active
New Financing Cash true
New Financing Coventional true

Interior Features

Interior Amenities Cathedral Ceiling(s),Eat-in Kitchen
Basement None
Flooring Laminate
Total Fireplaces 1
Fireplace Features Stone,Gas Log
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Total Bedrooms 2
Total Baths 2

Exterior Features

Lot Features Wooded,Rolling Slope
Water Source Private,Other
Lot Size Area 0.01
Building Area Total 864
Lot Size Acres 0.01
Lot Size Source Tax Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Crossville, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/21/2026 Listed $429,900
3/16/2026 1% - $425,000
9/2/2026 1% - $420,000
9/5/2026 7% - $389,900

Property vs Zip Code Average in 37738

Price
AVG $880K
$390K
Taxes
AVG $2,402
$1,007
Year Built
AVG 2003
1986

Areas That We Cover

1103 Villa Lane Gatlinburg, TN is a Single Family Home for sale at $389900 with 864 sqft and a lot size of 0.01 Acres Acre(s). 1103 Villa Lane Gatlinburg has 2 bedrooms, 1 baths and was built in 1986. The property's zip code is 37738 which is in Gatlinburg, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.